Global Capital. Clear Intelligence.
With a too-hot economy, China knows it has to change its fixed currency system. But all options are risky, hence Beijing’s foot-dragging “Soon,” “someday,” “drop dead” — such are the responses from Beijing officialdom when asked for the umpteenth time about when China will overhaul its fixed currency regime. One hopeful remark electrifies the currency … Read more
This technique can give you the edge in investing overseas – if you stick with it, writes Simon Hoyle. Currency hedging and dieting have more in common than you may think. Both require that you decide what you’re going to do and stick with it. It’s particularly difficult to predict how currencies will move in … Read more
An internet-based trading group will this week become the first non-bank provider of foreign exchange products to be approved by Chinese regulators. The move is the latest example of China opening its tightly controlled financial markets to foreign companies. CMC Group, a UK-based company which runs financial trading websites around the world, has been granted … Read more
ExactPay is a new ‘State of the art’ global payment system that enables fast and secure processing and transfers of multi-currency payments across international borders. ExactPay’s flexibility allows you, as a Member, to manage all of your payment needs anytime, anywhere, in any currency. Global payments are sent and received on-line instantly. ExactPay settles all … Read more