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StanChart to raise .3 billion in rights offer
Asia-focused bank Standard Chartered launched a .3 billion rights issue to bolster its finances for new capital rules and provide the firepower to take advantage of growth opportunities, it said.
Read more on Reuters via Yahoo! News
Australian Dollar Jumps To New Multi-year High Against Greenback
(RTTNews) – The Australian dollar advanced to 0.9974 against the US dollar on Thursday morning in Asia and this set the highest level for the pair since July 1982. The aussie-buck pair that closed Wednesday’s North American deals at 0.9939 is presently quoted at 0.9969.
Read more on INO News
Dollar Tumbles On Increasing Hopes Of Fed Easing
(RTTNews) – Thursday in Asia, the U.S. dollar plummeted against other major currencies on increasing expectations that the Federal Reserve will conduct further monetary easing soon to boost the economy.
Read more on INO News