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Default Risk in USD 4.86 Trillion Global FX Gross Payments Can be Mitigated by Webtel.mobi’s System

Default Risk in USD 4.86 Trillion Global FX Gross Payments Can be Mitigated by Webtel.mobi’s System

ST PETER PORT, Guernsey and NEW YORK, Oct. 6 (Korea Bizwire) — Global FX Market trading amounts to US$6.6 Trillion per day or +/-US$1,716 Trillion per annum – but that number is applicable only to the Trading – and not the Gross Payment obligations arising from that trading. The Gross Payment obligations are US$18.7 Trillion per day or US$4,862 Trillion per [...]

Foreigners Buy S. Korean Stocks and Bonds on Eased Tensions with N. Korea

Foreigners Buy S. Korean Stocks and Bonds on Eased Tensions with N. Korea

SEOUL, Nov. 8 (Korea Bizwire) — Foreign investors bought South Korean stocks and bonds worth US$3.48 billion in October due to expectations of improved corporate earnings amid eased tensions on the Korean Peninsula, the central bank said Wednesday. Local stocks and bonds bought by foreign investors stood at $2.84 billion and $650 million, respectively, the [...]