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In the early 1990s large urbanization in Hong Kong, Singapore, Thailand, Philippines and other Southeast Asia countries brought about a large housing price appreciation. Asia attracted global economic interest up until the economic crash of 1997. A decade later, the Asian economy has been stabilized, and has allowed the property market to advance.
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
The chief executive of Nvidia, a leading manufacturer of computer chips used by Artificial Intelligence companies, is meeting with President Donald Trump as his administration weighs whether to ...
Brugge's Chemsdine Talbi, right, scores the opening goal during a Champions League, playoff second leg, soccer match between Atalanta and Club Brugge in Bergamo, Italy, Tuesday, Feb.18, 2025.
The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly US$1.5 trillion, counting 37.4% of all foreign exchange transactions. [1] FX spot transactions increased by 38% to US$2.0 trillion from April 2010 to April 2013. [2]
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In November 2017, it launched operations in Singapore with total volume in the first month exceeding 30 billion RMB. [25] In December 2017, it launched an office in Tokyo , Japan [ 26 ] and announced that it would set up two crypto exchanges in Japan in early 2018, through a partnership with Japanese financial group SBI Group . [ 27 ]