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Deutsche Boerse outage halts trading in Central Europe

Bloomberg Deutsche Boerse AG’s electronic trading system was halted due to a technical glitch on Wednesday, the second such outage this year. It disrupted derivatives trading and stock markets in several Central and Eastern European countries, and prompted Denmark to postpone a bond auction. Only about 30 of 99 stocks in Germany’s HDAX large and mid-cap index were showing electronic ...

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Surging inflows spur fight to limit Taiwan dollar’s strength

Bloomberg The intraday trading chart for Taiwan’s currency is looking more and more crazed as suspected intervention by the central bank combats pressure on the exchange rate to strengthen. Take Tuesday. The Taiwan dollar jumped as much as 0.7% against the greenback in morning trading, before giving up all its gains at the noon-time break. Upon resuming trade it strengthened ...

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Khalifa Fund provides AED50.3m loans to startups, SMEs in 2019

Abu Dhabi / WAM Khalifa Fund for Enterprise Development, the independent, non-profit development entity mandated by Abu Dhabi Government to support small and medium enterprises (SMEs) have revealed its achievements for year-end 2019. A fundamental pillar of Khalifa Fund is to support the growth of the entrepreneurial ecosystem in the UAE by providing funding for startups and SMEs through strategic ...

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