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Mastercard Results Outpace Street As Cross Currency Volumes Top 21 Percent Credit and debit spend higher? For Mastercard the answer was a resounding yes, as the global consumer remains quick to buy with plastic, and online too. Cross-border volumes are healthy, to the tune of a positive 21 percent gain. CEO Ajay Banga delved into the micro behind the healthy macro ...
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Australian shares hit 3-month high on weaker local currency, materials; NZ up ... European shares rose on the back of some strong earnings updates and a robust tech sector. Demand for local stocks was partly underpinned by a weaker Australia dollar, which hit multi-month lows on Wednesday as its US counterpart rode higher against most major currencies amid bets interest ...
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ECB's Constancio: Euro-zone is wasting benefits of currency union Here are some of the key comments made by Vítor Constâncio, Vice-President of the European Central Bank (ECB), in a statement on the ECB's publication of "Financial Integration in Europe" report. • It is a big waste to have taken the huge step to adopt a single currency and continue to forgo the ...
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China Signs 15 Billion Yuan Currency Swap Agreement With Nigeria BEIJING (Reuters) - China's central bank said on Thursday it has signed a three-year bilateral currency swap agreement with Nigeria worth 15 billion yuan ($2.36 billion). The People's Bank of China (PBOC) said on its website the swap deal will facilitate trade and investment, and safeguard stability of ...
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