by stefanie | Nov 8, 2024 | City News
Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
by stefanie | Feb 14, 2019 | Around the Industry
As the European Union has announced, the euro has reached another milestone, celebrating its 20th birthday this year. The euro came into being two decades ago, on 1 January 1999, when, as the European Union explains, 11 EU countries elected to fix their exchange...
by stefanie | Dec 13, 2018 | Around the Industry
The Australian Competition and Consumer Commission (ACCC) has revealed that it is commencing an inquiry into foreign currency conversion services. “Whether you’re buying Euros from your bank for an upcoming trip, sending money to family in Indonesia, or you’re a small...
by stefanie | Aug 13, 2018 | City News
A former advisor to the People’s Bank of China has been warning that China’s trade war with the US could result in “capital outflows and currency depreciation”, as the South China Morning Post reports. Yu Yongding, who is also a senior researcher with the Chinese...
