Business
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
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forex
Business
Central Bank’s New Brazilian Forex Rules Could Impact Crypto Exchanges
Brazil’s central bank (BCB) has proposed new rules for the forex sector that may place further restrictions on the country’s crypto…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
First Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds
First Real Estate Investment Trust’s (First Reit) distribution per unit (DPU) fell 3.3 per cent to S$0.0058 for the first quarter ended…
Business
China’s central bank says it will boost forex market resilience
The bank will study creating new structural monetary policy tools and support the investment and financing of technology innovation,…
Business
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions On Dec. 31, 2024, China’s…