Meta still under fire for the Cambridge Analytica dealNews

Meta still under fire for the Cambridge Analytica deal

Attorneys for the US state of New Mexico said Meta Platforms Inc, was incorrect in its $725 million settlement of…

Yen is the Next Hot Carry TradeForex

Yen is the Next Hot Carry Trade

The yen is becoming more and more attractive to carry traders who use it to finance the purchase of higher-yielding…

Taiwan’s dollar destined to slumpForex

Taiwan’s dollar destined to slump

Investors re-evaluate optimistic bets on China’s reopening and a recovery in worldwide semiconductor demand. However, Taiwan’s weakening economic prospects might…

Softbank Executive Claure’s New JobNews

Softbank Executive Claure’s New Job

Online retailer Shein appointed former SoftBank Group Corp. executive Marcelo Claure to lead the company’s Latin American operations. This signature…

Turkey on Curbing Dollar Derivatives to Boost LiraForex

Turkey on Curbing Dollar Derivatives to Boost Lira

Turkey’s Central Bank is examining a plan prohibiting banks from selling currency derivatives to consumers. This is the latest attempt…

Bullish Bets Shoot Sky High on Asian AssetsForex

Bullish Bets Shoot Sky High on Asian Assets

Asian stocks and equities have room to sprint When China shifted to pro-growth strategies in late 2022, global markets received…

Peso Bulls Come Under PressureForex

Peso Bulls Come Under Pressure

When overseas remittances fade, and the country’s current-account deficit weighs, the Philippine peso will have a hard time repeating its…

Ghana’s Currency Posts Record Gains Against USDForex

Ghana’s Currency Posts Record Gains Against USD

Amid enthusiasm that Ghana is moving closer to getting an International Monetary Fund bailout, the country’s currency has been dubbed…

Pessimism Around the US DollarForex

Pessimism Around the US Dollar

As investors anticipate the Federal Reserve might be nearing the peak of its interest-rate increase cycle, asset managers have grown…

U.S. Dollar Rose Against Asian CurrenciesForex

U.S. Dollar Rose Against Asian Currencies

The U.S. dollar strengthened its position against a number of Asian currencies on Wednesday as expectations that the U.S. Federal…