Banking beyond borders: Can US citizens open accounts in India?
Transferring money from India to a foreign account can be cumbersome. Additionally, if the payment exceeds ₹7 lakh, tax collected...
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Yen Outperforms G-10 Peers as Haven Appeal Grows
(Bloomberg) -- The yen rose to its highest level in more than five weeks versus the dollar as traders sought...
Is US stock market open on Donald Trump’s inauguration day today?
The stock markets in the United States are closed on Monday, January 20, on account of Martin Luther King Jr....
EM Asian Currencies Set to Lose Support From Hedging Costs
(Bloomberg) -- The cost of hedging Asian investments for dollar-funded investors is set to drop from a two-year high, a...
Bond Rout Deals Fresh Blow to Fast-Money Quants in ‘Year of the Whipsaw’ – BNN Bloomberg
(Bloomberg) -- This month’s rout in Treasuries is hammering trend-chasing quant investors who had built up massive bullish positions in...
Emerging-Market Currencies Gain Amid Euro-Area Economy Boost – BNN Bloomberg
(Bloomberg) -- A gauge of emerging-market currencies is gaining the most in 10 days, as the US dollar falls amid...
US election nerves are fueling bets on Asian sovereign bonds
Investors are turning to Asian sovereign bonds to ride out the US election, giving a boost to markets that have...
SNB Might Need to Cut Interest Rates Again, Schlegel Says – BNN Bloomberg
(Bloomberg) -- The Swiss National Bank may have to lower borrowing costs again as inflation slows, according to President Martin...
Surprise US Election Haven for Some Investors Is Embattled Yen – BNN Bloomberg
(Bloomberg) -- For all the weakness in the yen this year, history shows that Japan’s currency is still in the...
Wall Street week ahead: Spotlight on Q3 GDP, jobs report, earnings from five megacaps
Wall Street in the week ahead will see plenty of economic data and earnings reports from five megacap companies.On the...
