Currencies / Foreign Exchange Markets

China turns yuan sharply higher, yen eases

Published 11/01/2016

LONDON China’s yuan again dominated moves on major foreign exchange markets on Monday, driven 1 percent higher against the dollar in offshore trade after reports [more…]

Shares, oil steady in Europe after China sends Asia sprawling

Published 11/01/2016

LONDON World stocks fell to near 2-1/2 year lows on Monday as a fresh pounding for Chinese markets left Asia at a four-year trough and [more…]

Iraq central bank devalues dinar by 1.37 percent versus dollar

Published 21/12/2015

BAGHDAD Iraq's central bank has increased the sale price of U.S. dollars to banks and currency exchange companies by 16 dinars, or 1.37 percent, as [more…]

Asia stocks rise on China surge, oil plunges to 11-year low

Published 21/12/2015

SINGAPORE/SYDNEY Chinese shares led Asian markets higher on Monday, defying a dive on Wall Street, while the price of Brent crude plumbed 11-year lows on [more…]

Dollar adrift in a sea of central bank uncertainty

Published 21/12/2015

SYDNEY/TOKYO The dollar drifted lower in light Asian trading on Monday amid doubts about how far and fast the Federal Reserve would raise U.S. interest [more…]

Russia says IMF’s decision on Ukraine debt changes nothing

Published 17/12/2015

BEIJING The International Monetary Fund's decision on Ukraine's debt to Russia did not change anything to Moscow, Russian Deputy Finance Minister Sergei Storchak told reporters [more…]

Asian stocks, dollar, climb as Fed takes a first step

Published 17/12/2015

SYDNEY Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in [more…]

Britain and Italy say agree on need for deep reform of EU

Published 15/12/2015

LONDON Britain and Italy said on Tuesday that they agree on the need to reform the European Union to protect the rights of the bloc's [more…]

Asia stocks wary of China data, oil pressured

Published 07/12/2015

SYDNEY Asian share markets turned mixed on Monday as caution grew ahead of Chinese data, though sentiment stayed supported by hopes the U.S. economy would [more…]

China GDP to grow above 6.5 percent in 2016, CPI to rise about 1.5 percent: think-tank

Published 07/12/2015

SHANGHAI China's economy will likely grow at or above 6.5 percent next year, an official think-tank said in a report in the China Securities Journal [more…]