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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal
November 14, 2016 by creative · Leave a Comment
By Hyunjoo Jin and Miyoung Kim SEOUL (Reuters) – Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little…
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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal
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Dollar soars as U.S. yields spike; global shares divided
November 14, 2016 by publisher · Leave a Comment
By Marc Jones LONDON (Reuters) – The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. The pan-European STOXX 600 index rose 1.1 percent, underpinned by gains among banks on hopes higher interest rates will help their profits and mining companies, which have been cheering Trump's…
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Dollar soars as U.S. yields spike; global shares divided
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Foxconn lowering offer for Japan’s Sharp: Yomiuri
March 20, 2016 by elegant · Leave a Comment
Taiwan's Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp from an initial plan of 489 billion yen ($4.4 billion), the Yomiuri newspaper reported on Sunday. The reason behind the move is that Foxconn appears to be concerned
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Foxconn lowering offer for Japan’s Sharp: Yomiuri
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Forex Trading News
August 31, 2010 by admin · Leave a Comment
Earlier this month, the Federal Reserve Bank of New York announced that the monetary authorities did not participate in the forex trading markets during the April-June quarter.
The U.S. dollar’s trade-weighted exchange value appreciated 3.6 percent during the second quarter of 2010, according to the federal Reverse Board’s major currencies index. The report highlighted the dollar’s differing results compared to other major currencies. For example, the dollar appreciated 10.4 percent against the euro, while depreciating 5.4 percent against the Japanese yen.
Banks, brokers and businesses involved in forex invest in uncertain times. According to the report, foreign exchange markets saw significant instability during the quarter, but overall trading conditions were considered orderly by market participants.
Whether you’re a forex broker, bank or business, visit ForexCurrencyPro.com to get the latest Forex trading information.