Nhan Dan Online – The Governor of the State Bank of Vietnam (SBV) yesterday issued Circular No.26/2009/TT-NHNN on foreign currency trading of several state-owned economic groups and general corporations in line with Document No.2578/TTg-KTTH of the Prime Minister dated December 23, 2009.
31 December 2009 Following a successful financial restructuring in which the shareholders of ACM Advanced Currency Markets (ACM) approved a capital increase of AED 100 million (CHF 30 million), the leading online FX broker has made key management appointments in its Middle East office to boost expansion plans in the region.
Chinese central bank Governor Zhou Xiaochuan said that 2010 will be a crucial year for strengthening the recovery in the world’s third-biggest economy and “defeating” the financial crisis.
China BAK Battery Inc. Chief Financial Officer Tony Shen said the unprofitable Chinese company hasn’t won any orders from Google Inc., denying speculation that drove the stock up 63 percent.
Crude oil snapped five days of gains as investors sold contracts to take profit after a U.S. industry report showed crude stockpiles rose and the dollar traded near a two-month high against the yen.
The dollar traded at almost a two- month high against the yen as reports showed increases in U.S. consumer confidence and home prices, encouraging speculation the Federal Reserve will proceed in withdrawing stimulus measures.
US Dollar, Japanese Yen Down as US Holiday Spending Adds to Signs of Global Growth The US dollar and Japanese yen dipped lower across the majors on Monday as optimism on global growth helped to spur demand for riskier assets, such as equities and the commodity dollars.