Standard Chartered strengthens e-commerce position in FX (Thaipr.net)

Standard Chartered Bank has announced Todd McDonald as Global Head of FX Electronic Pricing and Trading (FX EPT) This newly created position will enable better alignment of trading, sales and technolo

Index drops 4pc as investors sell blue chips (Khaleej Times)

KARACHI - Pakistani stocks fell over 4 per cent to their lowest level in more than two years in intra-day trading on Wednesday, as investors sold blue chips such as OGDC on political tension, forcing authorities to consider steps to stabilise the market.

Politics hold Pakistan economy hostage (Asia Times)

QUETTA, Pakistan - The breakup of Pakistan's five-month-old ruling coalition, just a week after the resignation of former president Pervez Musharraf, has further aggravated investors' concerns about the country's political uncertainty and weak economic outlook, dragging stocks and the local currency to record lows.

Peso flirts with 46-to-a-dollar level (Yehey!)

The peso touched the 46-to-a-dollar level on Tuesday when local financial markets resumed after another long weekend, with traders blaming the local currency’s fall to continued risk aversion and high demand for the greenback amid the import season.

Getting Gassy In The Options Pits (Forbes)

Natural gas got crushed in the energy pullback, but traders are betting big and making money on a rebound.

The dollar slide (The Hindu)

The huge price increases in most commodities have partly had to do with the dollar’s decline as a global reserve currency — a reflection of the growing loss of US manufacturing competitiveness and also the undermining of its geopolitical hegemony following the costly war (both in monetary as well as foreign policy terms) waged in Iraq. While in December 2005, a dollar fetched 0.84 euros, in July ...