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Turkish lira weakens to record lows, bond yields rise The lira, one of the worst-performing emerging market currencies this year, has plumbed record lows for the last five trading days. It has been pressured by a sharp sell-off in Russia's rouble, the currency of a major trading partner and a fellow emerging market heavyweight. It hit an all-time low of 4.1550 ...
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Australia has new laws for digital currency providers Australian regulator wants to take cryptocurrency services providers under control to prevent money-laundering activities and minimize risks of terrorism financing and cybercrime. As of today, all crypto service providers located in Australia shall register with AUSTRAC, Australia's financial intelligence ...
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Mashreq launches $1bn in multi-currency CDs programme in Hong Kong Mashreq Bank has launched a $1 billion programme for issuing multi-currency certificates of deposits in Hong Kong as the Dubai-lender seeks to expand its presence in the fast growing Asian markets amid the UAE's bid to forge closer ties with the region's biggest economy, China. "Mashreq Bank has ...
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Dollar lower, haven currencies in favor as global stocks struggle The lingering trade-war back-and-forth, ripples of geopolitical instability and a White House under scrutiny injected cautious trading into global markets Wednesday, driving the dollar to near two-week lows in favor of so-called haven currencies. U.S. stock futures pointed lower, and many of Europe and ...
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The Pastor's Currency is Influence There was no good reason for the black inadequacy that shrouded me that warm autumn afternoon in Tennessee. I had been with 11 other pastors for the better part of two days talking ministry. I loved every minute. But during the free hours that afternoon, I succumbed to dark depression. It might have ...
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