Press releases about business, cryptocurrency, fintech and more news in Hong Kong and Asia

Japan warns against speculative yen moves; markets wary of further intervention

TOKYO – Japanese Finance Minister Shunichi Suzuki said the authorities stood ready to respond to speculative currency moves, a fresh warning that comes days after Tokyo intervened in the foreign exchange market to stem yen falls for the first time in over two decades. He also told a news conference on Monday that the government and […]

QUOQQA PTY LTD Launching Its Registered Digital Currency Exchange Platform TRETA in Australia

Melbourne, Australia, August 18, 2022 – (SEAPRWire) – Quoqqa Pty Ltd having headquartered in Melbourne launching its most anticipated Digital Currency Exchange platform branded as TRETA to global crypto investors in fourth quarter of 2022. TRETA is a registered digital currency exchange provider registered with the Australian Transaction and Analysis Centre (AUSTRAC) to provide services to both retail […]

China said to ask banks to prepare for longer renminbi trading hours

BEIJING (BLOOMBERG) – China plans to extend the renminbi’s trading hours as it seeks to increase global investor participation in onshore currency trading as part of its internationalisation push. Regulators led by the People’s Bank of China (PBOC) have told some banks to prepare for an extension of onshore renminbi trading hours, according to people familiar […]