archive-sg.com » SG » W » WESTERNUNION.SG

Total: 1182

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Western Union Business Solutions - Yuan drives to record high against greenback
    told the news source There are also bets that China will step up stimulus after the congress Yet the yuan could soften when these factors fade The renminbi pushed to its highest value against the greenback since 1993 when China solidified exchange rates The China Daily reports spokesman Hong Lei with the Asian nation s foreign ministry said on Wednesday that the country does not manipulate its monetary unit which the two U S presidential candidates discussed at the debate Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Loonie drives toward 10 week high against greenback The value of the Canadian dollar pushed close to its highest level in 10 weeks against its southerly Loonie drives higher against greenback as ECB prepares loan program The value of the Canadian dollar pushed to its highest rate in seven days against its southerly riva Franc drives higher against greenback yen but falls to euro Investors capitalized on chinks in the armor of the Swiss franc Monday as the monetary unit gained i Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Yuan-drives-to-record-high-against-greenback.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - U.S. and China meet, with foreign exchange rate of their currencies main subject on the table
    American imports more attractive to the Chinese market noted the media outlet The current foreign exchange report will be pushed back till after the current U S China finance meetings In terms of the real effective exchange rate which includes a weighting of the price of items that can be bought with a currency the yuan has risen 10 percent This uptick in value is a rate in which Treasury has shown some satisfaction Dow Jones Newswires stated Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Continued U S easing in short term fuels foreign exchange fluctuation such as Asian currencies rise Following a meeting today the Federal Reserve will most likely signal that near zero interest rates New Zealand dollar foreign exchange rate creeps higher with Aussie counterpart To what extent is the value of the New Zealand dollar tied to the fate of the Aussie Western Union Loonie hovers against greenback as Bank of Canada prepares for interest rate discussion on Tuesday The value of the Canadian dollar hovered against its southerly rival on Monday in anticipation of Tu Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/US-and-China-meet-with-foreign-exchange-rate-of-their-currencies-main-subject-on-the-table.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Inflation fears leap to the fore
    result of political or meteorological disturbances Uprisings in the Middle East have disrupted petroleum exports particularly in Libya Investors fear that unrest could spread to Saudi Arabia the world s most vital oil reservoir and holder of almost all the easily accessible excess supply The Ivory Coast the world s largest cocoa exporter has come perilously close to civil war though that conflict now appears to be winding down Heat waves in southern Russia and in Australia destroyed vital grain crops last year while flooding devastated Pakistan s sugar grain and cotton fields Combined with a growing population and the increasing consumption levels of its people China has already had to confront this issue head on reports the Financial Times Inflation is like a tiger once it is set free it is very difficult to put it back in its cage the premier Wen Jiabao said last month That s the motivation by the Bank of China s latest increase of 25 basis points to its benchmark one year lending and deposit rates It s the fourth such raise in nearly as many months Policymakers at the ECB will eye China s efforts with great interest inflation in the Eurozone rose to 2 6 percent last month the FT wrote in another report The London newspaper says the central bank is almost guaranteed to raise its own benchmark rate 25 basis points to 1 25 percent This sentiment is actually largely driven by good news including rising wages and falling unemployment in the eurozone s economic linchpin Germany However too much inflation could derail the overall pace of recovery a fear which weighed on equity assets around the globe today Of course all this inflation talk is good news for some traders silver investors are enjoying their good fortune as the white metal s value has more than doubled in the last year and its ratio against gold is at the highest level since the last silver bull market in the early 1980s Meanwhile multinational businesses and those with a global supply chain should closely watch their foreign exchange liabilities in addition to the volatility of their material costs Different nations may react in various ways to the threat of inflation and those reactions could determine sharp and unpredictable movements in the international forex system Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Canada s loonie gains after September inflation report surpasses forecasts Canada s currency gained on October 20 after a report indicating higher than expected September infl Debt concerns leap to the fore again battering Europe The common currency of the European Union dropped sharply Monday morning under pressure from invest Forex Dice Advances for Australian Dollar before RBA Decision From Forex Dice The Aussie surged even when 20 out of 27 economists in a

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Inflation-fears-leap-to-the-fore.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - For Chinese electronics firm, currency risk management comes into focus
    And Chinese firms have been gaining new opportunities to manage risk with derivatives The country s State Administration of Foreign Exchange announced last month for example that companies may start using yuan options for risk management purposes on April 1 Reflecting ZTE s growing need for currency risk management solutions are its 2010 results Last year the company s domestic sales rose 6 percent to 32 2 billion yuan 4 9 billion while its overseas revenue jumped 27 percent to 38 1 billion yuan 5 8 billion Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Currency risk management upgrades needed official Companies with operations in India should upgrade their risk management systems to protect themselve WEBINAR Currency Risk Management Solutions for Atlantic Canada September 29 2011 This 45 minute Webinar is a must see if you are a CEO a CFO a controller or treasury personnel ch Risk management a focus for insurance industry Managing risk effectively is a top priority for information technology executives in the insurance i Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/For-Chinese-electronics-firm-currency-risk-management-comes-into-focus.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - BMW looks to manage yuan exposure
    as many of its costs as possible are denominated in local currencies BMW has since 1994 operated a plant in South Carolina and it s building one in Tiexi China that should come on line in 2012 With the Chinese government liberalizing the country s financial markets BMW and other foreign firms may get new opportunities to hedge against changes in the yuan in the coming years And with China becoming an export destination for more Western companies the need for those types of hedging instruments is only increasing Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts For Chinese electronics firm currency risk management comes into focus Chinese electronics maker ZTE Corp may be developing a new robust currency risk management strateg Yuan slips against dollar as pact with Japan set to start The value of the monetary unit of China dropped against the world s reserve currency on Tuesday pus Herald Sun Hedging Savvy Way to Manage Risk From Shift in Currencies From the Herald Sun AS Australian businesses continue to take advantage of international markets Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/BMW-looks-to-manage-yuan-exposure.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Currency appreciation foreseen in Asia
    the inflation war maybe you have to surrender the currency war he told Bloomberg China for its part may be growing more receptive to the notion of letting the yuan appreciate The Wall Street Journal reported March 11 that Chinese policymakers appear willing to participate in a forthcoming seminar on the currency market While China will not be likely to relax its strict currency policy at the meeting its willingness to attend shows that it is at least considering its trade partners positions Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Asian currency trends higher on investor growth Regional currencies in Asia are looking stronger according to Reuters thanks in part to significan Emerging markets struggle with currency appreciation As the globe s major established economies quarrel over falling currencies and trade policy emergi Australian oil producers hit by currency appreciation Oil companies in Australia should have benefited from 2010 s rise in oil prices But because oil is Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange news FX Risk Management news GBP Germany Greece International Payments news Ireland Italy Japan JPY MXN New Zealand Portugal Spain United Kingdom United States USD Archive 2012

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Currency-appreciation-foreseen-in-Asia.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - U.S. standard of living would fall if dollar loses popularity: Zell
    security purchases found that the country s State Administration of Foreign Exchange is slowly moving away from dollar denominated assets Since 2005 the proportion of China s foreign currency reserves denominated in greenbacks has slid from 74 to 65 percent Should the dollar s role keep diminishing the currency could lose value and that in turn would reduce Americans purchasing power It remains to be seen whether Zell s prediction will be borne out but it s clear that the need to manage currency risk is more pressing than ever for U S companies Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts Aussie falls to U S dollar amid concerns about reduced growth The monetary unit of Australia dropped in value for a second consecutive day against the U S dollar Aussie Kiwi fall against greenback after U S Fed meeting South Pacific dollars lost value against the world s reserve currency on Wednesday after the policy Aussie bounces back against dollar after initial losses on Thursday The Australian dollar was able to recover losses to the U S dollar before its markets closed on Thu Industry News 1486 Media Coverage 305 News Releases 24 Past Events 28 Recent Posts Aussie hovers as U S leaders struggle with negotiations Loonie benefits from better than expected Canadian U S data Euro rises after stronger than expected U S data released Yen notches top gain in six weeks Peso dips as Obama Boehner encounter snag Pound climbs against dollar after policy makers overwhelmingly supported end of intervention Tag cloud AUD Australia CAN Canada CHF China CNY EUR Foreign Exchange

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/US-standard-of-living-would-fall-if-dollar-loses-popularity-Zell.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Middle Eastern unrest buoys dollar, 'safe' assets
    unarmed groups of demonstrators Two Libyan jet fighter pilots flew their aircraft to Malta claiming that they were colonels in the Libyan Air Force defecting because they had been ordered to bomb innocent civilians The conflict and repression in Libya has the global economy on edge because it is the first country in the recent spate of uprisings which exports significant quantities of energy Tunisia and Egypt the first two nations to flare up with domestic protests worried some investors but didn t dramatically affect the global supply of oil Bahrain s demonstrations which today saw over 100 000 people take to the streets in a nation of just a few million were more significant because of the nation s Shi ite majority which could tie itself to Iran It s possible that unrest in Bahrain could spill over to Saudi Arabia which is also home to a Shi ite minority largely located near the major oil fields Libya produces a significant quantity of petroleum about 1 6 million barrels per day according to the International Energy Agency According to the Financial Times about 350 000 barrels per day of that capacity has already been shut off by concerned foreign producers and more is likely to follow There is huge and unexpected political uncertainty in most parts of north Africa and the Middle East and this can be expected to support prices Ian Taylor chief executive officer of Vitol the world s largest oil trading house said according to the FT Further price rises can be possible Oil matters because the global crude trade is denominated in dollars and because a surge in energy prices will hamper growing economies around the world In addition the U S despite its massive dependence on foreign imported oil gets relatively less crude from the Middle East compared to Europe China and the rest of East Asia Therefore it s likely that if there is another petroleum crisis dollar denominated assets may weather the storm better The Saudi oil minister Ali Naimi has said that the Kingdom can ramp up production to meet a shortfall caused by a Libyan uprising However some reports including those obtained by WikiLeaks and published in the Guardian suggest that Saudi Arabia s recoverable reserves may have been overstated It s clear that in a period of such dramatic political and economic volatility companies need to be more vigilant than ever about their currency risk In addition the position of the dollar as the global reserve currency and safe haven asset looks safe for now Category Industry News Share Foreign Exchange Services for Business With a focus on payment services Western Union Business Solutions enables businesses of all sizes to send funds internationally through our global payment solutions See our available FX payment services Related posts African Middle Eastern tumult puts pressure on euro zone The chaos in Libya as well as smaller scale conflicts in the Ivory Coast and other nations has i Fed set to issue public

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Middle-Eastern-unrest-buoys-dollar-safe-assets.aspx (2012-12-22)
    Open archived version from archive