News & Analytic Centre

Rates as of 0500 GMT Market Recap Only small changes in FX rates Friday this morning. GBP continued what seems like its inexorable decline, the fifth day out of six that its been lower when I opened my spreadsheet in the morning. Nothing new here that I can discern just people trimming their long positions, […]

The pandemic hit to Saudi Arabia resulted in the Kingdom last year experiencing its deepest recession since 1987. A recovery is currently underway.

SYDNEY, April 12 Reuters The Australian dollar opened the week slightly lower on Monday, as investor mood soured following setbacks in the countrys vaccination programme, while the New Zealand dollar was little changed. The Aussie dollar was down 0.15 at 0.7606, extending Fridays losses, which were triggered by worries about a slowdown in the countrys […]

A UK investor coalition that presses companies to unearth modernday slavery in their supply chains said on Monday it was going to expand its campaign into the construction and materials sectors. The Find It, Fix It, Prevent It initiative founded in 2019 by CCLA Investment Management has focused up to now on the hospitality industry. […]

Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, where electric cars have become a Biden administration priority. SK Innovation agreed to pay its rival, an LG Chem Ltd unit, 2 […]