SGX Posts Record Revenue, Profit Inches Up on Derivatives Boost

Aug 18 Reuters Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator39;s push towards its derivatives product offerings amid a weak securities market. Higher derivatives volumes for equities, currencies and commodities helped offset a weaker showing from cash equities and treasuries. SGX39;s revenue from […]
Read More

Sterling Struggles as Inflation Outlook Sours Mood

LONDON, Aug 18 Reuters The British pound weakened against the dollar on Thursday after policy minutes from the Federal Reserve boosted the U.S. currency and traders worried soaring UK inflation would mean higher interest rates and a weaker British economy. The latest inflation figures, which were released on Wednesday and came in above 10, increase […]
Read More