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updated Wed. January 11, 2023

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CBRE Group's largest business segment — The Americas — reported 11% rise (12% in local currency) in revenues from the prior-year quarter to around $2.3 billion, with robust growth in Canada, Mexico and the United States. Asia Pacific (APAC) witnessed 13% growth in revenues to $526.6 million (11% ...
Emrg Mkts Local Currency Bond ETF FT (FEMB) shares are showing positive momentum over the past week as the stock has clocked in with gains of 0.12%. In taking a look at recent performance, we can see that shares have moved -0.72% over the past 4-weeks, -2.94% over the past half year and 8.49% ...

Thailand and Japan have signed an agreement on use of their local currencies for bilateral business. Bank of Thailand assistant governor Chantavarn Sucharitakul said on Friday the BoT and the Finance Ministry of Japan signed a memorandum of cooperation to promote the use of the local currencies for ...
Mixed sentiments prevailed in the local currency market last week due to political uncertainty and deteriorating economic indicators. The rupee-dollar parity traded range-bound in the interbank. On Monday, the rupee lost one paisa against the dollar. The dollar hit its highest level in the past 10 weeks, ...
Denver Employees Retirement Plan has terminated local currency emerging markets fixed-income manager Pictet Asset Management, said Randall Baum, chief investment officer for the $2.28 billion pension fund, in an email. Mr. Baum declined to comment on the reason for the termination. Pictet was the ...

Sovereign issuers in developing Asia see green bonds as an opportunity to set a benchmark for other domestic issuers, and increase liquidity through a growing local currency green bond market. Issuing green bonds also demonstrates the sovereign's commitment to meeting its Nationally Determined ...
The Greater Hyannis Chamber of Commerce is organizing a “local currency” program slated to be available late spring. “The chamber will print two types of currency -- gift certificates and coupon books -- that can only be spent locally,” said Todd Deluca, the chamber's new president and CEO.

It will be managed by chief investment officer Michael Hasenstab and director of research for Templeton Global Macro Sonal Desai, with support from the 170-global fixed income platform worldwide. Hasenstab said: “Local-currency emerging markets have offered some of the most compelling investment ...
Zambia's energy regulator has said fuel prices will increase from midnight on Monday due to rising international oil prices and the depreciation of the local currency ,kwacha. ADVERTISING. inRead invented by Teads. The Energy Regulation Board (ERB) said, the pump price of petrol would be increased to ...
BANGKOK (Reuters) – Thailand's central bank and Japan's finance ministry agreed on Friday to promote direct settlement of transactions in their local currencies, the latest move by Asian economies to reduce exposure to volatile global markets. The two signed a memorandum of understanding on a ...
... has caused a lot of problems in the society … The crisis that we see is as a result of US dollar,” he said. Dube said he prefers the re-introduction of local currency which would stabilise the economy. Dube said the localisation of currency would allow businesses to exist and trade properly in the country.


 

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