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Published on 04:06 GMT

From Fixing to Signaling, How China Manages the Yuan: QuickTake

Here are some of the other most-watched ways: The most obvious way the PBOC influences the currency is by setting a reference rate each trading day at 9:15 a.m. Beijing time, known as the daily fixing. The yuan is then allowed to move 2% in either …

Source: The Washington Post - Neutral
Published on 02:49 GMT

GLOBAL MARKETS-Asian stocks gain on U.S. stimulus hope, yuan surges

* Asian stock markets: tmsnrt.rs/2zpUAr4 * Equities shake off slow start to post solid gains * Investors eye chances for more U.S. stimulus * Yuan continues recent bull run against dollar * U.S. presidential election looms large on horizon TOKYO/ …

Source: Reuters - Neutral
Published on 00:19 GMT

Business Live- Stocks up; China GDP growth accelerates to 4.9%

The Nifty and the Sensex have opened the day on a positive note by quickly recovering opening losses. While the rest of the world tries to beat a severe economic depression, China has surprised analysts by reporting strong third-quarter results. Join us …

Source: Shanghai News.net - Neutral
Published on 03:43 GMT

Stimulus hopes press dollar to one-month low; yuan soars

By Tom Westbrook SINGAPORE (Reuters) - The dollar hit a one-month low on Wednesday as investors who are optimistic about a pre-election U.S. stimulus package sought out riskier currencies, while the strong recovery in China’s economy helped drive the yuan …

Source: Reuters - Neutral
Published on Oct 20, 2020

US-China economic integration shaped today’s world, but now it is going into reverse

On Wednesday 14 October, Xi Jinping visited Shenzhen to mark 40 years since its establishment as China’s first special economic zone (SEZ), which the president dubbed "a miracle in world development history". The creation of the SEZ in 1980, when …

Source: New Statesman - Left-wing
Published on Oct 20, 2020

Swiss Watch Exports Decline, Leaving Industry More China-Reliant

(Bloomberg) -- Swiss watch exports extended their longest decline in about three years as the industry becomes even more dependent on the Chinese market. Shipments fell 12% to 1.6 billion francs ($1.76 billion) in September, dropping an eighth consecutive …

Source: Investing.com - Neutral
Published on Oct 20, 2020

Investors Cast Eyes On China's Bond Market

Asia’s data highlight has passed without incident, with China’s 1-year and 5-year Loan Prime Rates left unchanged at 3.85% and 4.65% respectively. The result was as expected, with China’s economy firing on all cylinders and Covid-19 firmly under control, …

Source: Investing.com - Neutral
Published on Oct 20, 2020

Azerbaijani currency rates for Oct. 20

Oct 20, 2020 (MENAFN via COMTEX) -- (MENAFN - Trend News Agency) BAKU, Azerbaijan, Oct. 20 By Zeyni Jafarov - Trend: The official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 manat and 2.0021 manat respectively for Oct. …

Source: Tradingcharts.com - Neutral
Published on Oct 19, 2020

EXPLAINER-How does China's digital yuan work?

HONG KONG, Oct 19 (Reuters) - China on Sunday concluded its largest pilot project to date for a central bank-backed digital yuan, with analysts saying the trial extended its lead in the global race to develop a central bank digital currency (CBDC). Under …

Source: Reuters - Neutral
Published on Oct 20, 2020

China overtakes US as world’s largest economy: IMF . . . but why is the media silent?

The Herald The world is waking up to a new reality post the devastating pandemic that brought everything to a grinding halt. One of them is the rise of China as the undisputed new economic superpower. According to the IMF’s World Economic Output 2020 …

Source: The Herald (Zimbabwe) - Gov't Propaganda
Published on Oct 19, 2020

Jerome Powell on Central Bank Digital Currency: We are committed to considering a CBDC and its benefits

October 19, 2020 @ 9:55 am By JD Alois Jerome Powell, Chairman of the Board of Governors of the US Federal Reserve, participated in a virtual panel today hosted by the International Monetary Fund (IMF) on the topic of Central Bank Digital Currency (CBDCs). …

Source: Crowdfund Insider - Neutral
Published on Oct 19, 2020

Ringgit ends higher on China’s economic data, vaccine hopes

Malaysian ringgit notes are seen among US dollar bills in this photo illustration taken in Singapore in this August 24, 2015 file photo. — Reuters pic KUALA LUMPUR, Oct 19 — The ringgit ended on a stronger note on Monday as investors parsed through a bag …

Source: Malay Mail - Neutral
Published on Oct 19, 2020

Chinese government hands out £1million in FREE digital money to boost its ailing economy post-Covid

In the same week the British Treasury announced new proposals to help maintain access to physical cash, around 50,000 people in China were handed 200 digital yuan, around £23, each. Much in the way the UK government handed out 'helicopter money' to …

Source: This Is Money - Neutral
Published on Oct 19, 2020

China's $1.5 mln digital currency giveaway impressed analysts. Shoppers, not so much.

* Central bank gave 50,000 Shenzhen citizens 200 yuan each in online wallet * Big step in Beijing drive to create own digital currency -analysts * Central banks around the world stepping up moves to found digital currencies * Shenzhen users sceptical, used …

Source: Reuters - Neutral
Published on Oct 19, 2020

China’s economic rebound accelerates as consumers open wallets

China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, but the growth rate missed forecasts, pointing at persistent challenges for one of the world’s few engines of demand. Gross domestic product (GDP) …

Source: News (South Africa) - Uncategorized
Published on Oct 19, 2020

Dollar down Ahead of Chinese Quarterly Growth Data Release

By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, with China due to release quarterly growth data, including GDP and industrial production readings, later in the day, despite fading hopes for the latest fiscal stimulus package to …

Source: Investing.com - Neutral
Published on Oct 18, 2020

Sterling And Yuan Resilience, While Rate Differentials Aid Dollar

The US dollar rose against nearly all the major currencies last week. The yen was the sole exception. Risk appetites were shaken by repeated cycles of hope and disappointment over the outlook for additional fiscal support in the US and Europe's …

Source: Seeking Alpha - Neutral
Published on Oct 17, 2020

Bank of Japan Official Argues that No Single Virtual Currency will Dominate Global Transactions

October 17, 2020 @ 1:30 pm By Omar Faridi A Bank of Japan official recently noted that there’s no single virtual currency that will completely dominate global transactions, but only if reserve banks focus on enhancing their existing settlement systems. …

Source: Crowdfund Insider - Neutral
Published on Oct 15, 2020

China Starts Digital Yuan Trial By Giving $30 To 50,000 People

China is starting a first-of-its-kind digital yuan trial by distributing 10 million yuan ($1.5 million) of the digital currency among 50,000 participants selected by lottery. "That equates to each participant being granted 200 yuan, or $30, to spend …

Source: News (South Africa) - Uncategorized

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Published on October 20, 2020 - 21:18 GMT

Agencies issue final rule to strengthen resilience of large banks

October 20, 2020 Agencies issue final rule to strengthen resilience of large banks Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For release at 4:00 p.m. EDT The federal …

Distribution channels: Banking, Finance & Investment Industry
Published on October 20, 2020 - 21:00 GMT

United Community Banks, Inc. Reports Third Quarter Results

GREENVILLE, S.C., Oct. 20, 2020 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) today reported third quarter financial results, including solid year-over-year loan and deposit growth and record operating efficiency. United …

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Published on October 20, 2020 - 18:43 GMT

Agencies finalize rule to reduce the impact of large bank failures

October 20, 2020 Agencies finalize rule to reduce the impact of large bank failures Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For release at 2:00 p.m. EDT The federal …

Distribution channels: Banking, Finance & Investment Industry
Published on October 19, 2020 - 19:38 GMT

Monarch Technologies, Inc. Announces New Partnership with Canna Group Consulting LLC

The Partnership Will Bring a Customized Banking and Payment Processing Services to the CBD and Cannabis Business Owner COLUMBUS, OH, UNITED STATES, October 19, 2020 /⁨EINPresswire.com⁩/ -- THOUSAND OAKS, CA / ACCESSWIRE / August 6, 2020 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on October 15, 2020 - 20:39 GMT

Cord Blood Banking Leader Cryo-Cell Reports Fiscal Third Quarter 2020 Financial Results

OLDSMAR, Fla., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Cryo-Cell International, Inc. (OTC:QB Markets Group Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal third …

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Published on October 15, 2020 - 14:01 GMT

Digital Banking Platform Market Size to Hit $10.87 Billion by 2027, at 13.6% CAGR Says AMR

Portland, Oct. 15, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global digital banking platform market generated $3.95 billion in 2019, and is estimated to reach $10.87 billion by 2027, registering a CAGR of 13. …

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Published on October 15, 2020 - 00:00 GMT

York Public Relations Reveals That 42% of Consumers Would End Banking Relationship Following Data Breach/Cybersecurity

As COVID pandemic leads to surge in digital adoption, greater security risks like cybersecurity have risen to the surface ATLANTA, GEORGIA, UNITED STATES, October 15, 2020 /⁨EINPresswire.com⁩/ -- York Public Relations, the nation’s only crisis PR …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 12:28 GMT

Core Banking Software Market 2020 Global Industry Analysis, Opportunities, Size, Trends, Growth and Forecast 2026

Wiseguyreports.Com Publish New Market Research Report On-“Core Banking Software Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth 2026” PUNE, MAHARASTRA, INDIA, October 20, 2020 /⁨EINPresswire.com⁩/ -- Core Banking …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on October 21, 2020 - 01:00 GMT

Maddie Brown of Smashing Numbers to be Featured on Close Up Radio

ONAWA, IOWA, UNITED STATES, October 21, 2020 /⁨EINPresswire.com⁩/ -- There are 12 million women-owned businesses in the United States. Of those 12 million, 88 percent are making less than $100,000 a year, at an average of $46,000 in gross income. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 21, 2020 - 00:03 GMT

Private Jet Card Comparisons Provides Answers To Most Frequently Asked Questions About Jet Cards

The Buyer's Guide To Private Aviation Memberships Helps Consumers Discover The Best Private Jet Providers And Programs For Their Flying Needs MIAMI, FLORIDA, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Private Jet Card Comparisons, …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on October 20, 2020 - 21:41 GMT

Arcis Golf Receives Significant Investment from Atairos

-Supports Growth of Leading Operator of Golf Clubs in the U.S. -Fortress Investment Group Maintains Significant Ownership Stake in Arcis Golf DALLAS, TEXAS, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Arcis Golf, the premier operator …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 21:15 GMT

Incredible Growth Amidst a Global Pandemic

Health Company Reports 2794.60% Revenue Growth in Its First 3 Years MERIDIAN, IDAHO, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Microbe Formulas, a health company, celebrates its first three years in business as of September. The …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 20:15 GMT

Artur Hiaeve Speaks About How to Make a Home Insurance Claim

Artur Hiaeve speaks about how to make a home insurance claim. MIAMI, FL, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Your home is the most valuable asset that needs to be protected at all costs. According to Artur Hiaeve, an insurance …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on October 20, 2020 - 19:28 GMT

Irish Fintech Circit’s first to market audit solution chosen by AIB

AIB teams up with fintech Circit to give auditors the fast verification of 200,000 business customers' year-end accounts. DUBLIN, IRELAND, October 20, 2020 /⁨EINPresswire.com⁩/ -- Dublin, Ireland (20th October 2020) Circit, the audit …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on October 20, 2020 - 18:50 GMT

National Retailer CBD Emporium Announces New Franchise Group

Privately-held CBD Emporium, national retailer of premium CBD brands, today announced the launch of its new franchise group PHOENIX, AZ, US, October 20, 2020 /⁨EINPresswire.com⁩/ -- CBD Emporium, a privately-held Arizona company and national …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 18:45 GMT

Growing Applications and Unmet Needs for European Temperature Control Rental

Extreme weather, new rental applications for manufacturing, and construction demand have driven market growth for rental opportunity in temperature control. SAN ANTONIO, TX, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- A new analysis by …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on October 20, 2020 - 18:27 GMT

AARDY Insurance Marketplace Launches Health Insurance Comparison

AARDY is the nation's fastest Health Insurance Market. Customers can compare different Health Insurance plans to find the one that best fits their needs. MIAMI, FL, USA, October 20, 2020 /⁨EINPresswire.com⁩/ -- AARDY is the nation's …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on October 20, 2020 - 18:21 GMT

Orthopedic Groups Continue to Select MedEvolve as Preferred Revenue Cycle Technology Provider

Five large orthopedic practices recently selected company’s data-driven revenue cycle management and workflow automation solutions. LITTLE ROCK, AR, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- MedEvolve, Inc., a leading provider of …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 18:07 GMT

Employment Screening Resources (ESR) Ranked First on 2020 HRO Today’s Baker’s Dozen List of Background Screening Leaders

ESR Ranked First in “Overall Enterprise Screening Leaders” and “Quality of Service Leaders” for 2020 HRO Today’s Baker’s Dozen Customer Satisfaction Ratings. NOVATO, CALIFORNIA, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Employment …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 18:04 GMT

Emil Malak Pens an Op-ed Discussing the Need for Continuous Rapid Testing and Reopening the Economy

Voip-Pal (OTCQB:VPLM) DALLAS, TEXAS, US, October 20, 2020 /⁨EINPresswire.com⁩/ -- CEOCFO Magazine, an independent investment publication that highlights important technologies and companies, today announced it has published an op-ed (https:/…

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on October 20, 2020 - 18:02 GMT

Multi-Generational Calgary Estate with Interiors by Iconic Arthur Fishman to Auction No Reserve via Concierge Auctions

NEW YORK, NEW YORK, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Offering commanding, panoramic Rocky Mountain views atop nearly three acres, Terre Blanche in Calgary, Alberta will auction online next month via Concierge Auctions in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 17:43 GMT

OEIS Investigations & Security Announces Expansion of Security Guard Services to Mississauga, Ontario

MISSISSAUGA, ONTARIO, CANADA, October 20, 2020 /⁨EINPresswire.com⁩/ -- Canadian Security and Investigations company OEIS have answered demand and are now providing its premium quality security services in Mississauga. All with the same devotion to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 16:37 GMT

Amar Verma Joins Aptys Solutions as Senior Product Manager

Experienced fintech expert joins Aptys’ senior management team to support strategic expansion into faster mobile payments NORCROSS, GA, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Aptys Solutions, the leading provider of …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on October 20, 2020 - 15:49 GMT

STD Testing Market To Reach $133.93 Billion, At CAGR of 5.6% [2020–2027]

STD Testing Market Size to Hit $133.93 Billion by 2025; Growing prevalence of STD, National Screening Programs have Fueled the Growth NE WIN SIVERS DRIVE, PORTLAND, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- The STD testing market was …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 15:38 GMT

New Partnership Between Advice Chaser and Compass Investors Offers Clients an Investing Edge

Advice Chaser partners with Compass Investors. Clients of Advice Chaser save on Compass Investor’s portfolio allocation subscription. NEW YORK CITY, NY, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- Advice Chaser is proud to announce a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 15:02 GMT

Why Movie Fans Are Falling in Love With Will McNally

Will McNally has reimagined iconic scenes from gangster epics, comic book classics and Oscar winning favourites - and captured the attention of Hollywood. LONDON, UNITED KINGDOM, October 20, 2020 /⁨EINPresswire.com⁩/ -- Will McNally has reimagined …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 20, 2020 - 14:51 GMT

Buy-to-Let purchasers need to think about acting quickly!

Prospective buy-to-let landlords are in a race against time to ensure they take advantage of the current investment opportunities and get the best deal. MANCHESTER, GREATER MANCHESTER, UK, October 20, 2020 /⁨EINPresswire.com⁩/ -- Prospective buy- …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on October 20, 2020 - 14:49 GMT

3 Data Pulse has launched a Mergers & Acquisitions tool with real-time valuations powered by REAL Trends

- The Trusted Source in Real Estate Brokerage Valuations. CENTRAL FLORIDA, FLORIDA, UNITED STATES, October 20, 2020 /⁨EINPresswire.com⁩/ -- 3 Data Pulse is the first software solutions system in the world to establish an integrated M&A tool …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...