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 - Herald Sun: Hedging Savvy Way to Manage Risk From Shift in Currencies
    its goods For most not choosing this path the issue is often one of time The complexities of running an SME are such that many owners and senior executives are pulled in so many different directions that they just don t have the time to research or manage a hedging policy Also not all businesses operate the same way in transacting overseas and there are distinct differences between importing and exporting so a customised approach is needed Those SMEs importing goods initially responded to a high Australian dollar and a buoyant market by adjusting their business strategy accordingly It created opportunities for them but many who expected the dollar to sit around US1 05 or US1 06 now find themselves exposed since the downward shift we ve seen in early October In China one of the largest markets from which Australian SMEs import there s a different challenge Many are invoiced in US dollars by default Predominantly this leads to a buffer being added to the invoice amount to counteract the supplier exchanging from US dollars to Chinese yuan Our research shows Australian SMEs are paying a premium of 3 per cent or more when dealing with local suppliers in China in US dollars With the opening up of the yuan we ve seen a 25 per cent rise in payments from customers taking advantage of a simplified process by changing invoicing from US dollars to yuan FOR SMEs exporting goods we ve heard about challenges on cash sensitivity and cashflow risks These companies are exposed to risk in every transaction Essentially they rely on receiving payments on time from a company they may never have met and with whom they have a limited relationship For transactions that haven t been hedged a delay in receiving payment could be the difference between a company selling goods at a loss or making a profit depending on exchange rates This is a risk SMEs don t have to take Importantly the point at which pricing is communicated which may be long before invoicing or payment is the point at which foreign exchange risk is realised For SMEs on tight profit margins mitigating this risk can be the difference between a profit or a loss SMEs shouldn t see hedging as profiteering but as risk management Simon Glendenning is Australian general manager of Western Union Business Solutions Read the full article on news com au Category Media Coverage 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 Banks risk management measures need improving panel Financial firms have made progress in understanding and responding to risk factors a group of bank 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 Currency risk management upgrades needed official Companies with operations

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Herald-Sun-Hedging-Savvy-Way-to-Manage-Risk-From-Shift-in-Currencies.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Asian currency trends higher on investor growth
    attempting to smooth the way for exports according to Reuters But even the rupee will see a boost from the overall economic strength in Asia the news agency reported as equity inflows strengthen the value of the currency Another regional currency not mentioned by Reuters the yen has seen a welcome price decline in recent days as Japan turns its attention to the massive rebuilding efforts made necessary by last month s natural disasters 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 an issue for investors economist writes Canada s dollar has risen sharply this year and reached parity with the U S dollar in November But Revlon s sales growth dented by currency effects Currency fluctuations took a bite out of cosmetics company Revlon s revenue growth in 2010 a recent Shared currency performs strongly as analysts investors anticipate weekend summit The common currency of the European Union gained in value for a second consecutive session on Wednes 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Asian-currency-trends-higher-on-investor-growth.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Australian oil producers hit by currency appreciation
    December Chevron said the average spot price of a New York traded barrel of oil was 84 98 compared to 76 18 in the third quarter The pressures on Australia s oil companies may yet abate as the Australian dollar appears to have cooled off It may drop against the U S dollar in the coming weeks or months if Australia s flooding problems continue weighing on sentiment Still the issue reflects the extent to which currency effects can reduce a firm s profitability 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 Australian dollar falls on Greek political turmoil The value of the monetary unit of Australia dropped against the world s reserve currency on Wednesda Oil s rise sparks concern among currency market participants Oil prices surged in February on the back of the Middle East s unrest according to Oil Gas Journa Libyan turmoil sparks unease in currency markets The violent unrest plaguing Libya is spurring investors to buy safe haven currencies and shun risk l 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Australian-oil-producers-hit-by-currency-appreciation.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro climbs as regional leaders get to work
    s trading session saw the euro benefit from aspirations of an agreement at the summit of the European Union scheduled for this week Measures to reduce the deficit in debt hobbled Italy also pushed up the value of the 17 nation monetary unit The International Business Times reports Timothy Geithner secretary of the U S Treasury touched down in Germany on Tuesday and is set to convene with euro zone leaders per the order of U S President Barack Obama 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 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 Euro climbs as U S leaders work toward end of year pact Conjecture about the U S being able to avoid 600 billion plus in spending cuts and tax increases n Canadian dollar drops as euro zone leaders get to work in Brussels The monetary unit of Canada dropped for a second consecutive day on Thursday against its southerly r 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/Euro-climbs-as-regional-leaders-get-to-work.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro drives higher on eve of G-20 finance minister meeting
    Jeremy Stretch with the Canadian Imperial Bank of Commerce in London Markets are very mindful of anything we may or may not get out of the G 20 meeting Risk appetite looks a little stronger These factors are helping the euro hold up Reuters reports yields on Spanish and Italian government bonds drove higher in value on Friday following Standard Poor s ratings service downgrading the credit rating of Spain Traders told Reuters that the European Central Bank was purchasing debt in the secondary market 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 hovers against dollar in anticipation of euro zone finance minister meeting The value of the monetary unit of Canada ebbed and flowed against its southerly rival on Tuesday ami Euro climbs as finance ministers convene Seven consecutive days of losses for the shared currency of the European Union against the Japanese Shared currency drives higher amid regional meetings Monday saw the common currency of the European Union increase in value when compared with the world 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/Euro-drives-higher-on-eve-of-G-20-finance-minister-meeting.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - End of U.S. quantitative easing signals euro drop against dollar
    of 600 billion of Treasury bonds The euro had a negative run on the dollar late in trading in North America Tuesday MarketWatch reported This descent was mostly due to uncertainty about and unrest in Greece where protests by public services and transit unions against government austerity policies ended in clashes with police A lack of an immediate ECB rate hike also negatively affected the single currency which despite being down 4 percent this month has gained about 6 percent in value overall this year 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 heads up against dollar as U S easing anticipations grow The shared currency of the European Union slightly increased on Wednesday against the U S dollar s 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 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/End-of-US-quantitative-easing-signals-euro-drop-against-dollar.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro advances against dollar for first time in four sessions
    lend the euro some support Wednesday s U S dollar setback versus the euro were the biggest slump since June 3 The dollar also lost value as a result of publicized minutes from late June Fed meetings indicating conflicting opinions as to whether the U S needed a third phase of economy stimulating asset purchases Central bank chairman Ben Bernanke whose remarks in the minutes showed disappointment in the slow economic recovery is set to testify on Capitol Hill on Wednesday according to Reuters He likely will draw pressure since the asset purchasing program he oversaw did not greatly reduce the unemployment rate 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 climbs against dollar as pound Australian dollar slip Europe s shared currency recovered against the U S dollar Friday morning as the euro regained some Euro drives to four month high against dollar The value of the shared currency of the European Union pushed to its highest rate in four months aga Canadian dollar drops against greenback for first day in four The value of the monetary unit of Canada dropped against its southerly rival on Friday marking 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-advances-against-dollar-for-first-time-in-four-sessions.aspx (2012-12-22)
    Open archived version from archive

  • Western Union Business Solutions - Euro falls against greenback after Italian leader's remarks about weak 17-nation bloc
    Serebriakov with Wells Fargo Co in New York told the news source The market is showing ongoing vulnerability to negative headlines Doubts were growing about how effective policy makers in Europe will be in the effort to blunt the threat presented by the voracious appetite of the sovereign debt crisis according to Reuters Earlier in the trading session on Monday the euro bounced to its highest value in four weeks against the U S dollar which prolonged the monetary unit s strong performance from this past Friday 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 Pound gains against euro falls against greenback The English pound climbed in value against the shared currency of the European Union on Tuesday but Greenback falls against euro as Greek prospects brighten The value of the U S dollar dropped on Friday against the shared currency of the European Union but Euro falls against greenback as loan program begins Wednesday saw the value of the common currency of the European Union drop against the U S dollar as 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

    Original URL path: http://business.westernunion.sg/resource-centre/articles/post/Euro-falls-against-greenback-after-Italian-leaders-remarks-about-weak-17-nation-bloc.aspx (2012-12-22)
    Open archived version from archive