Chinese Yuan Steadies as PBoC Prioritises Currency Stability
Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill
The Chinese yuan has remained relatively stable, supported by the People’s Bank of China (PBoC) policy and a steady 10-year government bond yield near 1.66%. On Monday, the central bank kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6%, respectively, marking the...
Yen Weakens as BoJ Holds Rates Steady in Light of Tariff Concerns
Markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese yen weakened while Japan’s 10-year government bond yield declined after the Bank of Japan (BoJ) maintained interest rates at 0.5% and lowered its growth projections due to increasing uncertainty around U.S. tariffs. The BoJ expressed concerns that higher...
Payment cards dominate e-commerce payments in Australia
Payment cards are the most are the preferred payment method for e-commerce purchases in Australia, collectively accounting for...
Credit card balances outstanding in Singapore to grow by 4% in 2023
As Singaporeans regain confidence in their financial stability and embrace a new normal...
China continues to lead global e-commerce market with over $2 trillion sales in 2022
China’s e-commerce market, the world’s largest, is expected to register a...
Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025
Driven by growing consumers’ preferences for online shopping and increasing...
How Middle East Retailers Are Going Digital-First this Holiday Season
For Middle East retailers this holiday season, everything is relative when you consider last year’s...
Mobile cash in polio response: three things to know
In 2020, the World Health Organization (WHO) Regional Office for Africa pioneered mobile money transfer system...
COVID-19 accelerates mobile wallet adoption across Asia-Pacific
Mobile wallet adoption and usage is poised for major growth in the next few years in the Asia-Pacific...
COVAX expects to start sending millions of COVID-19 vaccines to Africa in February
COVAX has notified countries in Africa of the estimated dose allocation for...
