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 - Jittery investors send euro zone CDS higher
    reported are debt auctions slated to be held this week in Spain Portugal and Italy the three countries three of the euro region s most troubled plan to sell a combined 9 billion in fresh debt Stephen L Jen a managing director at BlueGold Capital Management told the newspaper that the euro will likely continue to struggle in the coming weeks and months In general he said we see a further escalation in the European debt crisis and a substantially weaker euro 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 Euro zone leaders advocate for Greece European Union Leaders in Europe must merge efforts to counter the ill effects of the sovereign debt crisis by esta Euro climbs as leaders work toward keeping Greece among the euro zone The value of the shared currency of the European Union advanced against the world s reserve currency Rand drives higher amid progress in euro zone South Africa s currency gained in value Monday against the U S dollar marking the second consecuti 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/Jittery-investors-send-euro-zone-CDS-higher.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Father of euro not optimistic about currency's future
    likely to shrink There is some good news however in the fact that the government has managed to get its fiscal deficit under 7 percent of GDP and is committed to getting it beneath 5 percent in the next year On Wednesday Portugal will auction about 1 25 billion 1 62 billion worth of government bonds and the yields demanded by the market could be prohibitively high If Portugal has to start paying ever higher interest on its loans it could well find itself trapped in a vicious negative circle with dire consequences for the public pocketbook A bailout for Portugal is inevitable foreigners own 80 percent of Portuguese debt and they have decided to stop lending to Portugal Jonathan Tepper the chief editor of London Research firm Variant Perception told the Guardian newspaper Portugal s struggles are a good example of what Issing reportedly examines as the chief threat to eurozone stability in his article the fact that economic failure or irresponsibility on the part of the Union s constituent nations threatens the integrity of the whole structure The crisis brought further evidence of a basic design flaw of monetary union namely that we could not rely for its sound working on member countries to carry out appropriate economic policies Issing reportedly wrote Greece Ireland Portugal Spain and Italy have been the primary centers of concern about fiscal stability and all have faced accusations that their governments spent too much money and didn t collect enough tax revenue The governments of those nations have responded in various ways accusing international banks foreign governments and the global investing community of unfairly exacerbating their situations One measure of the stability of government finances the cost of insuring sovereign bonds through credit default swaps has become both important and controversial during the course of the debt crisis CDS contracts are used by investors to purchase insurance against the possibility of a government default but some have stated that they can trigger a vicious cycle that pushes up the bond yields and further raises the price of the CDS which in turn hurts investor confidence The cost of insuring 10 million of Portuguese sovereign debt now stands at a record high of 555 000 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 Euro zone leaders advocate for Greece European Union Leaders in Europe must merge efforts to counter the ill effects of the sovereign debt crisis by esta Euro slips as Draghi remarks note regional trouble The shared currency of the European Union fell Tuesday against the world s reserve currency and the Euro notches one month highs as Greece learns more aid en route Greece will receive the next phase of its bailout aid which further benefited the value of the euro Industry News 1486 Media Coverage 305 News

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Father-of-euro-not-optimistic-about-currencys-future.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - China bond announcement raises eurozone spirits
    its influence on the global economy in some ways it could be considered the lender of last resort as its books look to be in better shape than those of most developed nations The Chinese yuan has been particularly strong against the common currency in recent months paralleling the movement of the U S dollar However it remains a niche currency largely due to the relative lack of strongly developed liquid markets to trade it on In addition despite the apparent stability of the yuan the policies and motives of the People s Bank of China remain quite opaque which always makes investors nervous Given the massive strength of its national industrial plant though the titan looks set to continue holding a major place in both investor portfolios and multinational firms hedging strategies The euro fell more than 1 percent against the U S dollar and the Australian dollar today though it gained against the Swiss franc and the Japanese yen The common currency peaked last January at the height of worries about the United States debt situation and the global economy As recovery became more likely but countries like Greece Ireland and Portugal moved towards insolvency the trend reversed for several months reaching a bottom in June that then led into a reversed trend Demand for the euro rose as the next round of U S quantitative easing loomed However the bailout of Ireland focused bearish investors sights on Europe once again and Portugal and Spain now appear to be lined up for some aid as well Chinese support for the Iberian nation will be welcome but it may not be enough to restrain a wholesale rush on the increasingly fragile unity of the eurozone Germany in particular seems shaky in its commitment According to one survey 60 percent of the population want to stay within the common currency but 36 percent would like to see a return to the Deutschmark However another YouGov survey reported a few weeks back in Deutsche Welle found that 49 percent of the country wanted the Deutschmark back and nearly 75 percent didn t believe adopting the euro had rendered personal benefits for them 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 Domestic backlash likely if China invests in Europe State media in China published a column stating it will not be the euro zone s white knight indicat Can joint eurobonds save the common currency Some economists and pundits see joint eurobonds an as yet uncreated hypothetical bond The China Trap China s financial chiefs face a difficult dilemma fight inflation or maintain employment 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/China-bond-announcement-raises-eurozone-spirits.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro's slide continues as debt worries mount
    meanwhile anticipates that the euro will continue falling well into 2011 Because the euro region s debt troubles underscored last week by Moody s Investors Service s five notch downgrade of Ireland s debt rating aren t going away the bank indicated pressure on the euro isn t likely to abate We continue to look for sovereign issues plaguing the euro into the middle of next year and that s going to cause people to look for alternatives Morgan Stanley currency strategist Ronald Leven said to Bloomberg News 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 Euro s slump revives concerns about sovereign debt crisis danger The shared currency of the European Union dipped in value Thursday as the Swiss franc kicked off the Dollar modestly recovers as German minister warns euro zone debt struggle continues The U S dollar began a modest recovery from touching all time lows as the crisis surrounding negoti Rupee slides as European debt crisis looms India s currency depreciated for a second day as worries related to the European debt crisis drove 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euros-slide-continues-as-debt-worries-mount.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Obama heaps accolades on Monti
    the U S leader told La Stampa newspaper according to Dow Jones Newswires Under Prime Minister Monti s leadership Italy is now taking impressive steps to modernize its economy reduce its deficit through a combination of revenue and spending measures and put the country back on the path toward growth The interview with the Italian publication occurred prior to the State visit Monti has been empowered since this past November when he replaced Silvio Berlusconi The Associated Press reports 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 Obama re election tugs down dollar The re election of U S President Barack Obama dragged down the value of the U S dollar on Wednesda New Zealand dollar rose amid Obama speech and China inflation report New Zealand s dollar increased against most of its peers after U S President Barack Obama proposed Loonie s benefit from Obama re election pulled down by Draghi remarks The monetary unit of Canada backtracked Wednesday morning after overnight gains prompted by the re e 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/Obama-heaps-accolades-on-Monti.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro at lowest point in one year to U.S. dollar
    by regional European banks demonstrates their willingness to buy longer term sovereign debt Reuters reports Emergency borrowing overnight by the banks amounted in 6 billion euros as it is apparent they are still distrustful of of the euro s recovery even depositing nearly 452 billion euros in the European Central Bank s overnight facility Nobody sees anything on the horizon that could be mildly positive for the euro Rob Ryan FX strategist for BNP paribas in Singapore said to Reuters 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 U S dollar advances against euro amid struggle in Brussels Disappointing news from the Brussels on Friday regarding efforts to reign in the euro zone debt scou Euro s recovery against U S dollar continues The common currency of the European Union advanced on Friday against the U S dollar despite so poor Reuters Euro at Over Two Year Low Versus Dollar on Euro Zone Data Outlook From Reuters The euro fell to a more than two year low against the dollar on Tuesday as weak euro z 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-at-lowest-point-in-one-year-to-US-dollar.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro holding its ground after Italian debt sale
    move if the market is hit by some surprising news bad or good Niels Christensen FX strategist at Nordea told the news source After the Italian treasury sold approximately 9 billion euro or 11 76 billion of six month treasury bills at an average yield of 3 251 percent other European stock markets got a small boost Despite the euro s modest gains improvements in other foreign countries were not nearly as pronounced seeing that the yuan to dollar ratio dropped to 6 3146 marking the second straight session it has it an all time low according to The Wall Street Journal 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 Demand for Italian debt will decide whether euro rises or falls On Tuesday the euro approached an 11 month low against the dollar suggesting that the European sov Euro projected to fall on Spanish and Italian debt troubles The embattled shared currency of the European Union is projected to lose value as the sovereign debt Euro gains as ECB buys Italian Spanish debt The shared currency of the European Union is driving toward a significant weekly gain against the U 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-holding-its-ground-after-Italian-debt-sale-.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Demand for Italian debt will decide whether euro rises or falls
    Markets Securities Ltd in Tokyo told Bloomberg The news source states that on Wednesday Italy is aiming to sell nearly 9 billion euros of 179 day bills and approximately 2 5 billion euros of zero coupon 2013 securities In the upcoming weeks many traders forecast that the euro will decline against the U S dollar The difference in hedge fund wagers betting on a decline in the euro compared to those betting on a gain was 14 093 on December 21 One day before it was at a staggering 113 697 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 Euro holding its ground after Italian debt sale Reuters reports that the euro has barely kept above an 11 month low as 2011 trading starts coming to Euro rises before debt summit The euro gained against the dollar today based on speculation that European leaders will find a solu Euro falls as Italy emerges as debt scourge flashpoint The common currency of the European Union dropped in value on Monday against the U S dollar and the 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Demand-for-Italian-debt-will-decide-whether-euro-rises-or-falls-.aspx (2012-12-22)
    Open archived version from archive