Asia Forex - Markets - Business Recorder

Asia Forex

Euro mired while Ukraine war weighs on growth

SINGAPORE: The euro was pinned near a 22-month low on Tuesday as war in Ukraine has darkened Europe’s economic...

Published 08 Mar, 2022 10:10am

Forex

China's yuan ends at 5-1/2-month high as investors welcome Biden-Xi meeting

SHANGHAI: China's yuan ended Tuesday's domestic trading session at a 5-1/2-month high against the dollar, as...

Published 16 Nov, 2021 05:02pm

Forex

Dollar eases from 16-month high as market seeks clues on Fed policy

TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ...

Published 15 Nov, 2021 11:44am

Forex

Australia, NZ dollars buoyed by Chinese data, greenback weakness

SYDNEY: The Australian and New Zealand dollars were higher against the greenback on Monday, buoyed by better than...

Published 15 Nov, 2021 11:11am

Forex

China's yuan hovers at 3-week high ahead of Biden-Xi meeting

SHANGHAI: China's yuan hovered at a three-week high against the dollar on Monday on rising hopes for an improvement...

Published 15 Nov, 2021 09:39am

Financial

Offshore yuan wallows near record low as Sino-US tensions worsen

 The offshore yuan rebounded to 7.1845 per dollar as of midday, up from a record low of 7.1966 hit overnight. 
 S

Published 28 May, 2020 11:35am

Financial

Dollar stands its ground as Hong Kong tensions weigh

 The yuan, a barometer of US-China relations, hit a record low of 7.1966 per dollar in offshore trade on Wednesday a

Published 28 May, 2020 11:30am

Financial

Australia, NZ dollars rebuffed by resistance, fret on yuan fall

 The Aussie faded 0.4pc to $0.6592, having reached an 11-week top of $0.6680 on Wednesday only to stall short of res

Published 28 May, 2020 11:28am

Financial

Turkmenistan to introduce 100pc mandatory forex sales

The further tightening of foreign exchange controls could indicate a worsening of hard-currency shortages in the ti

Published 18 May, 2020 01:11pm

Financial

Chinese yuan falls on US tariff threat, Australian dollar sinks

Yuan set for biggest daily drop since March 25 Euro relatively stable, sterling gives back gains LON

Published 01 May, 2020 01:09pm

Financial

Dollar falls after Fed bolster lending and coronavirus fears ease

New York, the US state most afflicted by the coronavirus, offered fresh evidence that the arc of the disease caused

Published 10 Apr, 2020 02:28pm

Financial

China says will keep yuan stable, increase flexibility

China will also increase the flexibility of the yuan and keep the currency basically stable, it said. BEIJIN

Published 09 Apr, 2020 11:40am

Financial

Yuan strengthens as traders profit from dollar woes

The onshore yuan finished domestic trading 0.19pc stronger at 7.0960 per US dollar, after flatlining earlier in the

Published 26 Mar, 2020 01:29pm

Financial

Yuan eases to 2-week low on weaker midpoint fixing, virus concerns

The yuan was changing hands at 7.0044, 64 pips weaker than the previous late session close. The dollar stood t

Published 19 Feb, 2020 11:58am

Financial

Yen slips as infection rate slows, Chinese stimulus eyed

China posted the lowest daily rise in new infections since Jan. 29, seen by some investors as an indication contain

Published 19 Feb, 2020 11:53am

Financial

EM ASIA FX-Most Asian currencies slip against stronger dollar; weaker yuan fix weighs

The People's Bank of China set the midpoint rate at 7.0012 per dollar, 186 pips or 0.27pc weaker than the previous

Published 19 Feb, 2020 11:37am

Financial

Australia, NZ dollars swoon as economic costs of epidemic mount

The Aussie weakened 0.4pc to $0.6687, towards its recent decade trough at $0.6657. The failure on Monday to cl

Published 18 Feb, 2020 12:41pm

Financial

Yuan weakens to near 7/dlr on virus concerns, policy easing expectations

The trade dispute between Beijing and Washington was one of main pressure points for the yuan last year. The g

Published 18 Feb, 2020 12:24pm

Financial

EM ASIA FX-Asian currencies slip on concerns over rising virus impact to businesses

Apple Inc became one of the biggest corporate casualties of the epidemic after it warned on Monday it was unlikely

Published 18 Feb, 2020 12:16pm

Financial

Yuan firms as authorities steps to reduce epidemic's economic impact

The onshore yuan rose 0.17pc to 6.9760 per dollar by midday, while the offshore yuan was trading 0.21pc stronger at

Published 17 Feb, 2020 01:01pm

Financial

Yen edges up on virus woes, euro hounded before GDP data

The Chinese yuan nursed losses as the flu-like virus, which emerged late last year in China's central Hubei provinc

Published 14 Feb, 2020 12:55pm

Financial

EM ASIA FX-Most Asian units weaken on virus anxiety, but set for weekly gains

The outbreak in China showed no signs of peaking with health authorities on Friday reporting more than 5,000 new co

Published 14 Feb, 2020 11:45am

Financial

Yen gains, yuan and Aussie down as virus cases and deaths rise

The yen rose 0.2pc on Thursday to 109.89 yen, pulling back from its weakest since Jan. 21. The Australian doll

Published 13 Feb, 2020 01:03pm

Financial

Yuan drops after virus death toll hit like ‘ton of bricks’

The PBOC has vowed it will use tools to support key sectors, having already pumped billions of dollars into the mon

Published 13 Feb, 2020 12:53pm

Financial

EM ASIA FX-Most Asian currencies weaken as virus cases jump

The Singapore dollar weakened 0.2pc on the day, while the baht dipped slightly. The Indonesian rupiah weakened

Published 13 Feb, 2020 10:27am

Financial

New Zealand dollar jumps as RBNZ takes hawkish shift

The kiwi dollar jumped 0.9pc to $0.6460 on the surprise shift, taking it away from a recent three-month low at $0.6

Published 12 Feb, 2020 10:55am

Financial

Yuan inches higher as new virus infections in China fall to near 2-week low

The People's Bank of China set the midpoint rate - which spot can trade 2pc either side of - at 6.9718 per dollar p

Published 12 Feb, 2020 10:28am

Financial

EM ASIA FX Asian units gain on China stimulus hopes, drop in new virus cases

The onshore yuan firmed 0.2pc against the dollar, set for the second straight session of gains. The death toll

Published 11 Feb, 2020 12:34pm

Financial

EM ASIA FX Most Asian currencies firm as China returns to work

The Chinese yuan rose 0.2pc to 6.988 per dollar, supported by strong corporate demand for the local currency.

Published 10 Feb, 2020 11:49am

Financial

EM ASIA FX-Asian currencies ease as virus weighs on global economic outlook

The yuan slipped as much as 0.2pc to 6.983 per dollar, and was poised for its second weekly decline. The toll

Published 07 Feb, 2020 12:38pm

Financial

China's Jan yuan loans set to jump to 3 trln yuan, virus darkens growth outlook

Chinese banks tend to front-load loans at the beginning of the year to get higher-quality customers and win market

Published 07 Feb, 2020 11:00am

Financial

EM ASIA FX-Most currencies fall as virus outbreak fuels rate-cut bets

The Monetary Authority of Singapore (MAS) said its exchange rate-based monetary policy stance remained unchanged.

Published 05 Feb, 2020 11:19am

Financial

Australian dollar stages half-hearted bounce as RBA holds

The Aussie climbed 0.45pc to $0.6720 and away from a four-month low of $0.6679, a modest bounce following almost th

Published 04 Feb, 2020 11:57am

Financial

Dollar firm on manufacturing data, A$ gains after RBA

The dollar index held firm at 97.832, having risen 0.44pc on Monday, the biggest gain so far this year. The ye

Published 04 Feb, 2020 11:50am

Financial

Yuan tries to steady from slide as traders assess Beijing's response to virus

It opened at 7.0200 per dollar and was changing hands at 7.0032 at midday, 188 pips firmer than the previous late s

Published 04 Feb, 2020 11:32am

Financial

Yen gains, yuan skids as China virus fears grow amid rising death toll

Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks v

Published 27 Jan, 2020 12:11pm

Financial

Yuan hits 3-week low, yen rises as China grapples with virus outbreak

The yen rose to 108.73 per dollar, its strongest level since Jan. 8, before paring gains to trade up 0.16% at 109.0

Published 27 Jan, 2020 11:37am

Financial

Yuan heads for worst week since August amid virus jitters

Fears the outbreak could rapidly worsen put the Chinese currency on course for its first weekly loss in five.

Published 23 Jan, 2020 11:14am

Financial

China lifts yuan midpoint to highest level in 5 months

China's central bank lifted its official yuan midpoint to the highest in five months on Wednesday to reflect strong

Published 08 Jan, 2020 01:35am

Financial

Yuan holds steady on trade deal ahead of more detail

Currency markets were largely muted after a majority of lawmakers in the US House of Representatives voted to impea

Published 19 Dec, 2019 12:23pm

Financial

Yuan eased from 4-1/2-mth high as partial tariff rollback disappoints

The United States will maintain 25% tariffs on $250 billion of Chinese imports while halving tariffs on $120 billio

Published 16 Dec, 2019 11:33am

Financial

Brexit confusion rattles FX markets, boosts yen

Yen, franc gain on renewed Brexit jitters Currencies quiet before ECB, Scandinavian central bank meetings

Published 23 Oct, 2019 12:19pm

Financial

Pound sinks as key ally rejects Johnson Brexit plan

Sterling tumbled Thursday after Prime Minister Boris Johnson's key ally in parliament said it "could not support" h

Published 17 Oct, 2019 10:32am

Financial

Yuan ends at 1-mth high despite paring gains made on hopes of trade deal

U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspende

Published 14 Oct, 2019 10:56am

Financial

Dollar steadies as trade deal hopes fade, pound soft

The U.S. imposition of visa restrictions on Chinese officials, and the blacklisting of Chinese firms. "The tim

Published 09 Oct, 2019 12:51pm

Financial

Yuan touches 1-month low as tensions rise ahead of U.S.-China trade talks

U.S. officials said the two sides would still hold high-level talks on Thursday and Friday, days before Washington

Published 09 Oct, 2019 12:45pm

Financial

Dollar steady, yuan firms as U.S.-China trade talks spur caution

The Chinese yuan firmed in onshore and offshore trade as Chinese financial markets reopened after a week-long holid

Published 08 Oct, 2019 12:15pm

Financial

Dollar weakens vs yen as U.S. economic worries, trade frictions intensify

The dollar crossed 107 Japanese yen and touched a week low of 106.95 yen. It fell to $1.0964 per euro, though both

Published 03 Oct, 2019 10:57am

Financial

Sri Lankan rupee closes weaker; shares fall for third straight session

Sri Lanka's rupee closed weaker on Tuesday, following continued demand from importers and banks. The central b

Published 01 Oct, 2019 02:30pm

Financial

Sri Lankan rupee ends weaker; stocks snap two-day gaining streak

The central bank does not release foreign flow data on a daily basis, but weekly data in the past four weeks has sh

Published 17 Sep, 2019 01:18pm

Financial

Aussie dollar surges, Swiss franc drops after China cuts bank reserve ratios

LONDON: The Australian dollar hit the day's highs and the safe-haven Swiss franc dived against the euro after China cut

Published 06 Sep, 2019 10:40am

Financial

Yuan flat but set for first weekly gain in three on trade talk hopes

HONG KONG: The yuan was flat on Friday but was set to show its first weekly gain in three weeks after news that U.S. and

Published 06 Sep, 2019 08:57am

Financial

Dollar steadies as risk-on mood holds ahead of U.S. jobs data

SINGAPORE: Upbeat U.S. economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from th

Published 06 Sep, 2019 08:13am

Financial

Australian shares end at 1-month high as Sino-U.S. trade talks lift mood, NZ rises

Australian shares ended a three-day losing streak to close at a one-month high on Thursday, as confirmation of U.S.-Chin

Published 05 Sep, 2019 10:30am

Financial

Japanese yen plunges, Chinese yuan jumps on US-China trade hopes

LONDON: The Japanese yen slipped and risky currencies flourished on Thursday as investors turned more optimistic that th

Published 05 Sep, 2019 08:21am

Financial

Pound builds on recovery as election looms, Asia markets rise

HONG KONG: The pound edged up Wednesday to extend the previous day's rebound with Britain looking set for a snap general

Published 04 Sep, 2019 06:32am

Financial

Pound suffers fresh pain as Brexit uncertainty takes grip

Hong Kong: The pound hit a two-and-half-year low Tuesday after British Prime Minister Boris Johnson threatened to call a

Published 03 Sep, 2019 09:08am

Financial

Australia, NZ dlrs ground down; record surplus no help

SYDNEY: The Australian and New Zealand dollars were under pressure on Tuesday amid doubts Sino-U.S. trade talks would ma

Published 03 Sep, 2019 08:01am

Financial

Sri Lanka rupee weakens amid fund outflows; stocks down

COLOMBO: Sri Lanka's rupee closed weaker on Monday, hovering near a seven-month closing low hit last week, as foreig

Published 02 Sep, 2019 02:25pm

Financial

Yen gains from August turmoil; yuan set for worst month since 1994

LONDON: The Japanese yen rose on Friday and is on track for its biggest monthly gain in three months as a global rush to

Published 30 Aug, 2019 12:02pm

Financial

Yuan weakens, on track for biggest monthly decline since 1994

SHANGHAI: The yuan resumed its decline against the dollar on Friday and was on track for its worst month since China's c

Published 30 Aug, 2019 10:05am

Financial

Aussie slips towards 10-yr low as U.S.-China trade hopes ebb

TOKYO: The Australian dollar slipped towards a 10-year trough while the yen hovered off its lows on Friday, as renewed h

Published 30 Aug, 2019 08:18am

Financial

Most Asian units set for monthly losses as trade tensions bite

Emerging Asian currencies were mixed on Friday with easing Sino-U.S. trade tensions helping export-driven currencies but

Published 30 Aug, 2019 07:44am

Financial

Sri Lanka rupee slips amid foreign fund outflow worries

COLOMBO: Sri Lanka's rupee slipped on Tuesday amid worries over further foreign fund outflows after the central bank

Published 27 Aug, 2019 12:40pm

Financial

Yen rises as investors flock to safe-haven assets

The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid worries the U.S

Published 27 Aug, 2019 08:37am

Financial

China's yuan, stocks slump as trade dispute escalates

SHANGHAI: The Chinese yuan slumped to a fresh 11-year low against the dollar on Monday and stocks fell in the wake of fr

Published 26 Aug, 2019 08:54am

Financial

Yuan slumps to 11-year low as investors flee trade war risk

TOKYO: China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-e

Published 26 Aug, 2019 06:45am

Financial

China's yuan sinks to weakest in 11 years amid trade tension

SHANGHAI: China's currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war a

Published 26 Aug, 2019 06:23am

Financial

Dollar steps forward before Powell, kiwi jumps on RBNZ comments

TOKYO: The dollar edged higher versus the yen on Friday on expectations a pivotal speech by Federal Reserve Chairman Jer

Published 23 Aug, 2019 07:47am

Financial

Yuan inches up, state banks seen offering support via forwards

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 09:50am

Financial

Yuan inches up as investors await central bank rate clues from Jackson Hole

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 07:07am

Financial

Dollar nudged off 3-week high, U.S. yields capped before Jackson Hole

TOKYO: The dollar was under pressure on Wednesday, elbowed off a three-week peak after a bounce in U.S. yields stalled a

Published 21 Aug, 2019 06:55am

Financial

Uzbekistan lifts foreign currency controls

TASHKENT: Uzbekistan lifted remaining currency controls on Tuesday, allowing citizens to purchase foreign cash for t

Published 20 Aug, 2019 02:54pm

Financial

Most currencies slip, under pressure by stronger dollar

Most emerging Asian currencies declined on Tuesday, as the dollar firmed on hopes for fresh stimulus from global policym

Published 20 Aug, 2019 09:42am

Financial

Yuan wobbles on Trump trade comments, details of China rate reforms awaited

HONG KONG: The yuan wavered on Monday after U.S. President Donald Trump said he was not ready yet to make a trade with C

Published 19 Aug, 2019 06:51am

Financial

Yuan weakens amid dollar strength, Beijing's tariff retaliation pledge

SHANGHAI: China's yuan eased on Friday, pressured by a stronger dollar and trade worries after Beijing pledged to retali

Published 16 Aug, 2019 06:40am

Financial

Dollar holds advantage for now, traders still wary about global growth risks

TOKYO: The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world's top econ

Published 16 Aug, 2019 06:32am

Financial

China's yuan wraps up worst week in over a year, weakest domestic close since 2008

SHANGHAI: China's yuan inched down against the dollar on Friday as nervous traders awaited Beijing and Washington's next

Published 09 Aug, 2019 03:36pm

Financial

Aussie, NZ dollars seen defying gravity, even as gravity wins out

SYDNEY: Analysts still maintain a remarkably sanguine outlook for the Australian and New Zealand dollars in the latest R

Published 09 Aug, 2019 08:53am

Financial

China's yuan slips, on track for worst week in more than a year

China's yuan, the focus of attention this week, weakened slightly on Friday and was on track for its biggest weekly loss

Published 09 Aug, 2019 07:38am

Financial

China's yuan fix, exports data boost Asia FX as recession worries linger

China's yuan gained on Thursday after more signs Beijing was slowing its fall, while currencies across Asia were also li

Published 08 Aug, 2019 07:00am

Financial

China's July FX reserves fall to $3.104trn amid rising trade tensions

BEIJING: China's foreign exchange reserves fall by $15.54 billion in July to $3.104 trillion, central bank data showed o

Published 07 Aug, 2019 12:54pm

Financial

China further weakens yuan rate as currency row simmers

SHANGHAI: China's currency weakened further against the dollar as the central bank lowered the yuan's daily reference ra

Published 07 Aug, 2019 10:02am

Financial

Yuan extends slide though China seen curbing losses, Asian currencies on edge

Asian currencies remained on the back foot on Wednesday as the yuan continued to weaken despite signs Chinese authoritie

Published 07 Aug, 2019 08:04am

Financial

Kiwi, Aussie tumble, yen rises on RBNZ rate cut shock

TOKYO: The Aussie and kiwi dollars skidded to multi-year lows on Wednesday after New Zealand's central bank shocked mark

Published 07 Aug, 2019 07:55am

Financial

Yuan slips as trade tensions build, state bank support slows decline

SHANGHAI: China's yuan weakened on Wednesday, weighed by an escalation in Sino-U.S. trade tensions and the central bank'

Published 07 Aug, 2019 07:44am

Financial

Offshore yuan pulls off all-time low after tentative moves from Beijing to curb falls

LONDON: The yuan pulled back from an all-time low in offshore trade on Tuesday after Beijing appeared to take steps to p

Published 06 Aug, 2019 12:07pm

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stocks tanked

Published 06 Aug, 2019 11:39am

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG/SHANGHAI: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stoc

Published 06 Aug, 2019 10:30am

Financial

Most Asian currencies stem further losses as yuan pulls off lows

Most Asian currencies regained some of their footing on Tuesday, as signs Beijing is keen to stem the yuan's slide sooth

Published 06 Aug, 2019 08:50am

Financial

China lets yuan weaken and stops buying US crops, escalating trade war

SHANGHAI: China let the yuan weaken past the key 7-per-dollar level on Monday for the first time in more than a deca

Published 05 Aug, 2019 08:19pm

Financial

China yuan's slide past 7/dollar had policymakers' blessing

SINGAPORE: Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could fin

Published 05 Aug, 2019 02:04pm

Financial

Yuan hits 11-yr low, breaks 7 per dlr, as trade war intensifies

TOKYO: China's yuan tumbled more than 1% to 11-year lows on Monday amid mounting fears over a sharp escalation in the U.

Published 05 Aug, 2019 08:39am

Financial

Indian rupee hits 5-month low on U.S.-China trade worries, Kashmir tensions

MUMBAI: The Indian rupee plunged to a five-month low and bond yields rose sharply on Monday, as an escalating China-U.S.

Published 05 Aug, 2019 08:03am

Financial

Chinese yuan falls to weakest level against dollar since 2010

SHANGHAI: The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fue

Published 05 Aug, 2019 06:39am

Financial

Sri Lanka shares end at 1-week low; rupee weaker

COLOMBO: Sri Lankan shares recovered from an intraday fall of over 1% to close flat on Friday, while the rupee ended we

Published 02 Aug, 2019 02:14pm

Financial

US tariffs raise demand for safe-haven yen; pound recovers

LONDON: A US threat to impose new tariffs on Chinese imports pushed the safe-haven Japanese yen to a five-week high agai

Published 02 Aug, 2019 10:51am

Financial

Offshore yuan slides towards record low after Trump tariff threat

LONDON: China's offshore yuan fell to its weakest in 2-1/2 years on Friday and was close to a record low after US Presid

Published 02 Aug, 2019 10:38am

Financial

China's yuan at 8-mth lows, stocks sell off as Trump threatens more tariffs

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after US President Donald Trump

Published 02 Aug, 2019 10:24am

Financial

Yen jumps, yuan slumps after Trump breaks truce in China trade war

TOKYO: The Japanese yen surged to a five-week high versus the dollar and a 2-1/2-year peak against the pound on Friday,

Published 02 Aug, 2019 08:22am

Financial

China's yuan drops, stocks tumble after Trump's tariff blow

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after U.S. President Donald Trum

Published 02 Aug, 2019 07:25am

Financial

Australia dollar tries to snap losing streak on inflation news

SYDNEY: The Australian dollar edged up from six-week lows on Wednesday as inflation data proved a shade firmer than fore

Published 31 Jul, 2019 08:16am

Financial

China's yuan steady ahead of Fed, Sino-U.S. talks resume

SHANGHAI: China's yuan was little changed on Wednesday as investors looked for signs of progress from Sino-U.S. trade ta

Published 31 Jul, 2019 06:18am

Financial

Aussie, kiwi dollars languish as bonds hit all-time highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all

Published 29 Jul, 2019 08:36am

Financial

China's yuan slips to 5-week low ahead of Sino-U.S. trade talks

TOKYO: China's yuan hit its lowest level against the dollar in more than five weeks on Monday amid corporate dollar buyi

Published 29 Jul, 2019 08:33am

Financial

Euro remains stuck near two-month low as bears await dovish ECB

TOKYO: The euro was mired near a two-month low on Thursday before a European Central Bank meeting that could signal mone

Published 25 Jul, 2019 07:58am

Financial

Yuan weaker in tight range ahead of U.S.-China trade talks

SHANGHAI: China's yuan softened on Thursday, but remained little changed overall ahead of U.S.-China trade talks set for

Published 25 Jul, 2019 06:37am

Financial

Yuan weakens as investors eye Sino-U.S. trade talks, global central banks

SHANGHAI: China's yuan weakened in thin trade on Wednesday as investors awaited clearer signals on U.S. China trade t

Published 24 Jul, 2019 07:04am

Financial

Sri Lanka shares snap 8-session rally on profit-taking; rupee falls

COLOMBO: Sri Lankan shares closed lower on Monday, snapping an eight-session gaining streak, as investors booked profits

Published 22 Jul, 2019 01:22pm

Financial

Australia, NZ dlrs off peaks as Fed hoses down bets on big U.S. rate cut

SYDNEY: The Australian dollar eased from three-month highs on Monday as fading expectations for aggressive interest rate

Published 22 Jul, 2019 08:04am

Financial

Yuan inches up on U.S. rate cut expectations, set for 2nd weekly gain

SHANGHAI: China's yuan inched up against the dollar on Friday as the U.S. currency came under pressure after a Federal R

Published 19 Jul, 2019 09:16am

Financial

Australia dollar set for 5th day of losses, focus on U.S. rates outlook

SYDNEY/WELLINGTON: The Australian dollar headed for a fifth straight session of losses on Wednesday on yet another disap

Published 10 Jul, 2019 08:20am

Financial

Indonesia raises 8 trillion rupiah from sukuk auction

JAKARTA: * Indonesia raised 8 trillion rupiah ($566.37 million) in an Islamic bond auction on Tuesday, matched the in

Published 09 Jul, 2019 09:55am

Financial

Dollar is buoyed by declining bets on big Fed rate cuts

TOKYO: The dollar traded near a three-week high against its peers on Tuesday, as investors pared bets on aggressive U.S.

Published 09 Jul, 2019 08:17am

Financial

Yuan marks time as traders await Powell testimony for Fed rate clues

SHANGHAI: China's yuan was little changed in thin trade on Tuesday as investors awaited U.S. Federal Reserve chief Jerom

Published 09 Jul, 2019 08:15am

Financial

Indonesia raises 22.15 trillion rupiah from debt auction, above target

JAKARTA:* Indonesia raised 22.15 trillion rupiah ($1.57 billion) in a bond auction on Tuesday, higher than the indicativ

Published 02 Jul, 2019 11:07am

Financial

China's yuan extends rally to strongest level in a week

SHANGHAI: China's yuan extended its rally against the dollar on Friday to its firmest in a week following comments from

Published 28 Jun, 2019 10:09am

Financial

Sri Lanka rupee edges higher on sovereign bond launch; stocks fall

COLOMBO: Sri Lanka rupee rose on Monday buoyed by hopes of dollar inflows into two sovereign bonds launched earlier in t

Published 24 Jun, 2019 09:21pm

Financial

Yuan closes at 6-week high after Fed signals rate cuts

HONG KONG: The Chinese yuan rallied on Thursday to finish the domestic session at its strongest level in six weeks on br

Published 20 Jun, 2019 10:24am

Financial

Australia, NZ dollars get a lift as Fed out-doves the RBA

SYDNEY: The Australian and New Zealand dollars got a rare lift on Thursday while bond yields hit historic lows after the

Published 20 Jun, 2019 09:23am

Financial

Dollar near 2-week high before Fed as dovish ECB supports

TOKYO: The dollar held near a two-week high on Wednesday ahead of the Federal Reserve's closely-watched policy decision

Published 19 Jun, 2019 09:32am

Financial

China finmin to issue 5 bn yuan of treasury bonds in Hong Kong

BEIJING/HONG KONG: China will issue 5 billion yuan ($722.15 million) in yuan-denominated treasury bonds in Hong Kong on

Published 17 Jun, 2019 08:22am

Financial

Dollar set for weekly gain before Fed meeting

TOKYO: The dollar held steady early in Asia on Friday, and was set ot show a weekly rise as investor focus turned to nex

Published 14 Jun, 2019 01:27pm

Financial

Australia, New Zealand dollars under water; NAB tips deeper rate cuts

SYDNEY: The Australian and New Zealand dollars were heading for steep weekly losses on Friday as investors wagered that

Published 14 Jun, 2019 01:06pm

Financial

Dollar subdued, on course for weekly gain before Fed meeting

TOKYO: The dollar trod water on Friday and was set to show a weekly rise as investor focus turned to next week's Federal

Published 14 Jun, 2019 12:54pm

Financial

Yuan eases, set for 3rd weekly loss as PBOC tries to temper pressure

SHANGHAI: China's yuan eased against the U.S. dollar on Friday and looked set for its third straight weekly loss, but th

Published 14 Jun, 2019 08:51am

Financial

Yuan falls to over 6-mth low after PBOC chief says no red line for exchange rate

SHANGHAI: China's onshore yuan weakened to a more than six-month low on Monday, catching up with losses in its offshore

Published 10 Jun, 2019 02:40pm

Financial

Most weaker as US-Mexico trade deal buoys dollar

The Indonesian rupiah rose in catch-up trade while most Asian currencies edged lower on Monday, after the United States

Published 10 Jun, 2019 01:57pm

Financial

Yuan eases on US-China war of words, firmer fixing curbs fall

HONG KONG: The yuan edged lower on Tuesday as China and the United States feuded in a war of words over trade and techno

Published 04 Jun, 2019 04:46pm

Financial

Yuan eases on soft factory PMI, set for biggest monthly fall since July

SHANGHAI: China's yuan inched lower against the dollar on Friday as market sentiment soured on renewed uncertainty in gl

Published 31 May, 2019 03:14pm

Financial

Yuan extends gains after regulator's warning against speculation

SHANGHAI: China's yuan rose to a 1-1/2-week high against the US dollar on Monday, buoyed by a softer greenback and a sen

Published 27 May, 2019 12:29pm

Financial

Yuan slips to near 6-mth low, central bank's comments cap losses

HONG KONG: The yuan hit its lowest in almost six months on Thursday as the Sino-US dispute over trade spilled into the t

Published 23 May, 2019 11:16am

Financial

Indian rupee rallies as PM Modi set for second term

The Indian rupee gained as much as 0.4% on Thursday after early counting trends suggested a comfortable victory for Prim

Published 23 May, 2019 08:30am

Financial

Dollar hovers near 3-1/2-week high, supported by higher US yields

TOKYO: The dollar hovered near a four-week high on Wednesday, supported by higher US yields after the United States ease

Published 22 May, 2019 03:06pm

Financial

Yuan inches lower, but losses capped as PBOC flags more bill sales in Hong Kong

SHANGHAI: China's yuan inched lower against the dollar on Wednesday, but the overall downward pressure on the local c

Published 22 May, 2019 12:34pm

Financial

Pound at four-month lows as Brexit rumbles, Asian equities simmer

Hong Kong: The British pound was rooted at four-month lows Wednesday after British MPs slammed Theresa May's latest plan

Published 22 May, 2019 07:49am

Financial

Indonesia raises 10.8trn rupiah from debt auction, below target

JAKARTA: Indonesia raised 10.8 trillion rupiah ($746.11 million) in a bond auction on Tuesday, below the indicative targ

Published 21 May, 2019 03:15pm

Financial

Australian dollar upended as RBA talks of June rate cut

SYDNEY: The Australian dollar slid on Tuesday after the country's top central banker said interest rates might be cut as

Published 21 May, 2019 08:53am

Financial

Yuan edges up as U.S. eases restrictions on Huawei

SHANGHAI: China's yuan firmed against the dollar on Tuesday, as sentiment improved slightly after Washington temporarily

Published 21 May, 2019 08:52am

Financial

Yuan off 5-1/2-mth low after central bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the US dollar hit last week, helped by a firmer-than-expec

Published 20 May, 2019 03:09pm

Financial

Australian dlr jumps after election surprise, yen edges lower

TOKYO: The Australian dollar rallied against the greenback on Monday after a surprise election victory by the country's

Published 20 May, 2019 08:47am

Financial

Yuan off 5-1/2-mth low after c.bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the U.S. dollar hit last week, helped by a firmer-than-exp

Published 20 May, 2019 08:40am

Financial

Indian rupee surges on exit polls showing easy win for ruling party

The Indian rupee on Monday strengthened over 1 percent after exit polls suggested the country's just-concluded general e

Published 20 May, 2019 07:56am

Financial

Dollar supported by strong U.S. data, higher Treasury yields

TOKYO: The dollar hovered near a two-week high against its peers on Friday, supported by strong U.S. economic data and a

Published 17 May, 2019 09:04am

Financial

Dollar holds near 2-week high on strong U.S. data, higher Treasury yields

TOKYO: The dollar held near a two-week high against its peers on Friday, supported by strong U.S. economic data and a bo

Published 17 May, 2019 08:28am

Financial

Most Asian currencies steady, ringgit gains on Q1 growth pace

The Malaysian ringgit strengthened significantly on Thursday, helped by data that showed first-quarter economic growth

Published 16 May, 2019 09:06am

Financial

Rupiah hit by record trade gap but steadier yuan eases regional nerves

The Indonesian rupiah weakened on Wednesday after the country posted a record trade deficit, but most other Asian curren

Published 15 May, 2019 08:18am

Financial

Most Asian currencies firm as comments on US-China spat ease worries

Most emerging Asian currencies firmed on Tuesday as conciliatory comments from the United States and China reduced inves

Published 14 May, 2019 08:03am

Financial

Asian currencies ease on Sino-U.S. trade talk stalemate

Emerging Asian currencies weakened on Monday as risk sentiment dampened over an impasse in trade negotiations that could

Published 13 May, 2019 09:22am

Financial

Stocks, yuan fall as Sino-U.S.trade war deepens; China retaliation eyed

SYDNEY: U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China w

Published 13 May, 2019 07:30am

Financial

China lowers yuan mid-point to weakest level in 3-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to the weakest level in 3-1/2 months, dragged by sharp

Published 10 May, 2019 07:09pm

Financial

Bank of Korea suspected to have sold about $1bn to curb won's fall

SEOUL: South Korea's central bank is suspected to have sold around $1 billion on Friday to stem a rapid fall by the

Published 10 May, 2019 04:45pm

Financial

Thai baht, China's yuan strengthen as U.S. tariff hike kicks in

Most emerging Asian currencies rose on Friday, helped by a range of factors and amid cautious support for regional marke

Published 10 May, 2019 08:50am

Financial

Yuan bears re-emerge on fresh trade deal woes; short bets on Korean won soar

A surprise deterioration in U.S.-China trade talks prompted analysts to dramatically turn bearish on the Chinese yuan.

Published 09 May, 2019 08:10am

Financial

Yen edges up to highest since late March on growing trade worries

TOKYO: Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japan

Published 08 May, 2019 08:21am

Financial

China's yuan struggles near 2-1/2 month low after Trump's trade threats

LONDON: The Chinese offshore yuan remained hobbled near 2-1/2 month lows on Tuesday after US President Donald Trump'

Published 07 May, 2019 11:23am

Financial

Most Asian currencies firm on hopes for China-U.S. talks, baht leads gains

Most emerging Asian currencies rose against the dollar on Tuesday, on hopes trade negotiations between the United States

Published 07 May, 2019 08:38am

Financial

Yuan recoups most losses as Beijing confirms Vice Premier Liu's trip to U.S.

SHANGHAI: China's yuan recouped most of its early losses on Tuesday afternoon after Beijing confirmed its top negotiator

Published 07 May, 2019 08:19am

Financial

Australia dollar on tenterhooks as RBA ponders rates

SYDNEY: The Australian dollar was poised on a knife edge on Tuesday as the market waited to see if interest rates would

Published 07 May, 2019 06:59am

Financial

Dollar holds tight ranges, U.S.-Sino trade talks in focus

TOKYO: The dollar hung near a five-week low against the yen on Tuesday after worries about U.S.-China trade tensions rek

Published 07 May, 2019 06:35am

Financial

Indonesia central bank has intervened to defend rupiah

JAKARTA: Indonesia's central bank has intervened in spot currency, domestic non-deliverable forward and bond markets

Published 06 May, 2019 03:52pm

Financial

China sets yuan mid-point at weakest level in 2-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7334 per dollar on Monday, the weakest level

Published 06 May, 2019 01:31pm

Financial

Sri Lanka rupee extends losses for 7th session; stocks down

COLOMBO: The Sri Lankan rupee fell for the seventh straight session on Friday on dollar demand from banks amid continued

Published 03 May, 2019 09:01pm

Financial

Dollar rests on yield support, talk of upbeat payrolls

SYDNEY: The dollar was trying to end the week with a firmer tone on Friday as markets scaled back bets on a U.S. rate cu

Published 03 May, 2019 08:36am

Financial

Sri Lanka rupee falls for 6th session; stocks snap 5-day losing streak

COLOMBO: The Sri Lankan rupee fell for the sixth consecutive session on Thursday on dollar demand from banks amid securi

Published 02 May, 2019 08:03pm

Financial

Dollar left to drift as Fed steers steady course

SYDNEY: The dollar was content to consolidate in Asia on Thursday after recovering from a brief spill overnight when mar

Published 02 May, 2019 09:37am

Financial

Indonesia raises 5.07trln rupiah in sukuk auction, below target

JAKARTA: Indonesia raised 5.07 trillion rupiah ($355.91 million) in Islamic bonds auction on Tuesday, Finance Ministry s

Published 30 Apr, 2019 07:47pm

Financial

Yen gains on weak China data; European data eyed

LONDON: The Japanese yen rallied to a three-week high on Tuesday as disappointing data on Chinese manufacturing unde

Published 30 Apr, 2019 04:19pm

Financial

Dollar awaits China data to gauge global growth pulse

SYDNEY: The dollar was all but flatlining in Asia on Tuesday as investors awaited readings on Chinese manufacturing and

Published 30 Apr, 2019 07:55am

Financial

Australian dollar slips as China data hits risk

SYDNEY: The Australian dollar led risk assets lower in Asia on Tuesday after a survey on Chinese manufacturing missed fo

Published 30 Apr, 2019 07:29am

Financial

Sri Lanka rupee extends falls on fears of more attacks; stocks up in dull trade

COLOMBO: The Sri Lankan rupee closed weaker for the fourth consecutive session on Monday, as worries about more attacks

Published 29 Apr, 2019 11:06pm

Financial

Yuan eases ahead of Sino-US trade talks and key econ data

SHANGHAI: China's yuan eased against the U.S. dollar in thin trade on Monday while the market was quiet before the lates

Published 29 Apr, 2019 08:13am

Financial

Dollar dozes, risks rude awakening from US inflation

SYDNEY: The dollar dozed in a snug band on Monday as Japan kicked off a week of holidays, giving investors an extra excu

Published 29 Apr, 2019 07:23am

Financial

Dollar steady near 2-year high, US GDP awaited

TOKYO: The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong

Published 26 Apr, 2019 01:40pm

Financial

Yuan rises on Xi pledge, firmer fixing, but set for worst week in 2 months

SHANGHAI: China's yuan strengthened against the dollar on Friday, recovering from a two-month low hit in the previou

Published 26 Apr, 2019 01:31pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of US gr

Published 26 Apr, 2019 12:01pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of U.S. grow

Published 26 Apr, 2019 09:24am

Financial

Sri Lanka rupee falls on fears of more attacks; stocks edge up

COLOMBO: The Sri Lankan rupee closed 0.1 percent weaker on Thursday as a bomb scare after the Easter Sunday attacks weig

Published 25 Apr, 2019 08:46pm

Financial

China sets yuan mid-point at weakest level in one month

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7307 per dollar on Thursday, the weakest leve

Published 25 Apr, 2019 03:27pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 10:47pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 07:04pm

Financial

Aussie stung by soft inflation, US dollar holds near 22-month high

LONDON: Australia's dollar dropped one percent on Wednesday after weaker-than-expected inflation numbers heightened

Published 24 Apr, 2019 03:08pm

Financial

Asian currencies slip as U.S. data bolsters dollar

Most emerging Asian currencies broadly weakened on Wednesday, with the South Korean won sliding to a more than 1-1/2-yea

Published 24 Apr, 2019 09:47am

Financial

Yuan edges up on growing optimism over China's economy

HONG KONG: The yuan edged higher on Wednesday as investors remained cautiously optimistic that China's economy may be st

Published 24 Apr, 2019 08:59am

Financial

Australian dollar steady ahead of inflation, kiwi languishes

SYDNEY: The Australian dollar traded in a tight range on Tuesday, as volumes were thin in a holiday-shortened week and a

Published 23 Apr, 2019 08:39am

Financial

Sri Lanka rupee falls in thin trade after deadly Easter explosions

COLOMBO: The Sri Lankan rupee fell 0.4 percent on importers' dollar demand in thin Monday trading, after deadly explosio

Published 22 Apr, 2019 07:28pm

Financial

Dollar edges up in thin post-holiday trade after positive U.S. data

TOKYO: The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the

Published 22 Apr, 2019 09:33am

Financial

Dollar firm in thin post-holiday trade, loonie up as oil prices jump

TOKYO: The dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of

Published 22 Apr, 2019 08:55am

Financial

Yuan eases to 10-day low, policy easing views seen reduced

SHANGHAI: The yuan eased to a 10-day low against the dollar on Monday, but the Chinese economy's solid first quarter per

Published 22 Apr, 2019 08:23am

Financial

Asian currencies slip on higher oil prices

Emerging Asian currencies faltered on Monday after a rally in oil prices dented sentiment for the region's net importers

Published 22 Apr, 2019 08:05am

Financial

Dollar steadies after upbeat U.S. data amid holiday-thin trade

TOKYO: The dollar steadied against a basket of currencies on Friday after hitting a 2-1/2-week high overnight as data po

Published 19 Apr, 2019 09:35am

Financial

Yuan inches up, but makes little headway for week despite upbeat China data

SHANGHAI: China's yuan inched up against the U.S. dollar at midday on Friday, steadying somewhat after the data-driven s

Published 19 Apr, 2019 07:57am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 11:56am

Financial

Yuan eases off 1-mth high, focus back on trade after upbeat GDP

SHANGHAI: China's yuan eased off a one-month high against the US dollar on Thursday, as some companies took advantage of

Published 18 Apr, 2019 07:07am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 06:29am

Financial

Yuan jumps to 7-wk high on upbeat China data, liquidity tightness

SHANGHAI: China's yuan firmed to a 7-week high on Wednesday as a raft of stronger-than-expected data suggested the slowi

Published 17 Apr, 2019 02:55pm

Financial

Sri Lanka rupee edges higher; stocks rise for third session

COLOMBO: The Sri Lankan rupee closed a tad firmer on Wednesday helped by banks' dollar sales, while stocks ended margina

Published 17 Apr, 2019 02:50pm

Financial

Aussie jumps after China data restores some currency volatility

LONDON: The Australian dollar rose to a two-month high on Wednesday after Chinese economic growth beat forecasts and ind

Published 17 Apr, 2019 02:27pm

Financial

China GDP lifts yuan; ringgit eases on outflow concerns

The yuan firmed on surprisingly solid Chinese economic growth data on Wednesday, which raised hopes of stabilization in

Published 17 Apr, 2019 08:46am

Financial

Yuan strengthens on surprisingly firm China Q1 growth data

SHANGHAI: China's yuan strengthened against the US dollar on Wednesday as market sentiment improved on better-than-expec

Published 17 Apr, 2019 07:07am

Financial

Sri Lanka rupee edges down; stocks end tad firmer

COLOMBO: The Sri Lankan rupee closed tad weaker on Tuesday, while stocks ended tad firmer in thin trade after a long wee

Published 16 Apr, 2019 01:52pm

Financial

Indonesia sells 6.06 trillion rupiah of Islamic bonds, slightly above target

JAKARTA:* Indonesia's finance ministry sold 6.06 trillion rupiah ($430.40 million) of Islamic bonds at an auction on Tu

Published 16 Apr, 2019 11:01am

Financial

Yuan inches down as dollar firms on global caution

HONG KONG: The yuan dropped slightly on Tuesday as reduced appetites for risk in global markets saw the U.S. dollar edge

Published 16 Apr, 2019 07:19am

Financial

Asian currencies subdued ahead of China GDP data, trade deal worries

Emerging Asian currencies weakened on Tuesday, as uncertainty crept back over U.S.-China trade negotiations following co

Published 16 Apr, 2019 07:16am

Financial

Yen drops towards 2019 low as bullish mood hits safe havens

LONDON: The yen fell towards a 2019 low on Monday and the Swiss franc reached its weakest in nearly a month as a rally i

Published 15 Apr, 2019 02:13pm

Financial

Australia, NZ dlrs boosted by U.S. hopes for trade deal with China

SYDNEY: The Australian dollar hovered near its highest in almost seven weeks while the New Zealand dollar also held firm

Published 15 Apr, 2019 07:55am

Financial

Asian currencies benefit from China data relief

Most Asian currencies stepped up against the dollar on Monday as investors took comfort in further signs of stabilisatio

Published 15 Apr, 2019 07:45am

Financial

Sri Lanka rupee ends steady; stocks edge up ahead of long holidays

COLOMBO: The Sri Lankan rupee closed steady on Friday while stocks ended tad firmer in thin trade ahead of a long weeken

Published 12 Apr, 2019 03:46pm

Financial

India's forex reserves rise to $413.78bn as of April 5

India's foreign exchange reserves rose to $413.78 billion, as of April 5, compared with $411.91 billion a week earlier,

Published 12 Apr, 2019 01:29pm

Financial

China March yuan-denominated exports to U.S. up 10.6 pc y/y

BEIJING: China's yuan-denominated exports to the United States grew 10.6 percent in March from a year earlier, while imp

Published 12 Apr, 2019 08:29am

Financial

Yuan recoups losses, implied volatility falls to 20-mth low

SHANGHAI: The yuan eased to a 10-day low against the dollar on Friday before recouping losses by midday, but investors l

Published 12 Apr, 2019 06:57am

Financial

Australia dollar near six-week peak, bears pare rate bets

SYDNEY: The Australian dollar flatlined near a six-week peak on Thursday as losses on Asian share markets chilled risk s

Published 11 Apr, 2019 08:42am

Financial

Australia dollar near six-week peak, bears pare rate bets By Wayne Cole

SYDNEY: The Australian dollar flatlined near a six-week peak on Thursday as losses on Asian share markets chilled risk s

Published 11 Apr, 2019 08:08am

Financial

Yuan inches up as markets wait for trade talk impetus

HONG KONG: China's yuan held steady on Thursday as investors moved cautiously ahead of further news on Sino-US trade neg

Published 11 Apr, 2019 08:00am

Financial

Most Asian currencies dip on grim global growth prospects

Most Asian currencies fell against the dollar on Thursday as investors moved away from riskier assets amid grim forecast

Published 11 Apr, 2019 07:38am

Financial

Pound edges up after Brexit delay but Asian markets retreat

HONG KONG: The pound edged up Thursday in Asia after Britain and its EU partners agreed to once again extend the deadlin

Published 11 Apr, 2019 06:16am

Financial

Sri Lanka rupee firms on remittances; stocks end steady

COLOMBO: The Sri Lankan rupee ended stronger on Wednesday as dollar inflows from remittances ahead of the traditional ne

Published 10 Apr, 2019 01:17pm

Financial

Yuan eases slightly ahead of key economic data

SHANGHAI: China's yuan eased against the dollar in thin trade on Wednesday, as investors stayed on the sidelines ahead o

Published 10 Apr, 2019 07:12am

Financial

Australian dollar gains as RBA resists the doves

SYDNEY: The Australian dollar firmed on Wednesday after a top central banker signalled the outlook for interest rates wa

Published 10 Apr, 2019 06:35am

Financial

Most Asian units stumble on global growth, trade concerns

Most emerging Asian currencies slipped on Wednesday as the International Monetary Fund cut its global growth forecast an

Published 10 Apr, 2019 06:19am

Financial

Sri Lanka rupee ends weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday due to importer dollar demand, but market sources said remittances

Published 09 Apr, 2019 01:44pm

Financial

Sri Lanka rupee firmer on dollar inflows; stocks extend losses

COLOMBO: The Sri Lankan rupee ended firmer on Monday due to dollar inflows from foreign remittances ahead of the traditi

Published 08 Apr, 2019 02:11pm

Financial

Asian currencies slip as US jobs data bolsters dollar

Asian currencies faltered on Monday, as a rebound in US payrolls data supported the greenback, offsetting optimism of a

Published 08 Apr, 2019 08:17am

Financial

Australia, NZ dollars stay weak as greenback firm on jobs report

SYDNEY: The Australian and New Zealand dollars stayed soft on Monday as investors shifted to the greenback on renewed op

Published 08 Apr, 2019 06:44am

Financial

Yuan largely flat, supported by trade talk optimism

SHANGHAI: China's yuan was largely flat against the dollar on Monday morning, as optimism over Sino-US trade negotiation

Published 08 Apr, 2019 06:19am

Financial

Sri Lanka rupee ends weaker; stocks retreat from 3-1/2-wk high

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand as importers purchased the greenback after the

Published 05 Apr, 2019 02:15pm

Financial

Asian currencies fail to build on optimism over U.S.-China talks

The Thai baht extended declines on Friday while most other Asian currencies were muted, as a Chinese market holiday dull

Published 05 Apr, 2019 08:59am

Financial

U.S.-China trade optimism to help yuan overcome concerns over weakening economy

BENGALURU: The Chinese yuan will hold on to its recent gains against the dollar, and likely make a modest push forward f

Published 04 Apr, 2019 09:42am

Financial

Yen eases on trade optimism, sterling edges up after Brexit vote

TOKYO: The yen eased and the euro held firm to the dollar on Thursday as hopes of a trade deal between the United States

Published 04 Apr, 2019 09:17am

Financial

Yuan eases as markets await trade talk news

HONG KONG: China's yuan eased on Thursday as the dollar edged higher but trading was confined to a tight range as invest

Updated 04 Apr, 2019 08:52am

Financial

Most subdued; Rupee slips ahead of RBI rate decision

Most Asian currencies lost some of the previous session's gains as investors awaited further cues from the U.S.-China tr

Published 04 Apr, 2019 08:10am

Financial

Trade talk optimism fuels gains in Aussie, yuan

LONDON: Australia's dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washin

Published 03 Apr, 2019 01:48pm

Financial

Trade talk optimism fuels gains in Aussie, yuan

LONDON: Australia's dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washin

Published 03 Apr, 2019 12:48pm

Financial

Asian units rise as trade war reports boost risk appetites

Most Asian currencies firmed on Wednesday as reports of headway in Sino-US trade talks and easing US bond yields pro

Published 03 Apr, 2019 12:25pm

Financial

Yuan edges up on hopes China, US nearing trade deal

SHANGHAI: China's yuan edged up against the dollar on Wednesday, supported by growing optimism that the United States an

Published 03 Apr, 2019 08:48am

Financial

Asian units rise as trade war reports boost risk appetites

Most Asian currencies firmed on Wednesday as reports of headway in Sino-US trade talks and easing US bond yields prompte

Published 03 Apr, 2019 08:05am

Financial

Yuan firmer on factory recovery, foreign interest in bonds

SHANGHAI: China's yuan strengthened on Monday, as factory activity indicators showed a halt in recent declines and the

Published 01 Apr, 2019 01:12pm

Financial

Asian currencies firmer as China's factory activity rebounds

Most Asian currencies gained on Monday as a surprise improvement in China's factory activity boosted confidence in regio

Published 01 Apr, 2019 12:47pm

Financial

Yuan, Australian dollar lifted by upbeat China factory surveys

TOKYO: A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provid

Published 01 Apr, 2019 08:37am

Financial

Dollar bounces, set for steepest rise in 5 months even as growth slows

TOKYO: The dollar was poised on Friday for its strongest gain in five months as investors responded positively to a boun

Published 29 Mar, 2019 07:47am

Financial

Yuan firms on the eve of Chinese bonds' inclusion into global index

SHANGHAI: China's yuan firmed against the U.S dollar on Friday, as next week's milestone inclusion of Chinese bonds into

Published 29 Mar, 2019 07:34am

Financial

Sri Lanka rupee extends gains; stocks rebound from 6-year low

COLOMBO: The Sri Lankan rupee closed stronger on Thursday due to dollar inflows from inward remittances ahead of the tra

Published 28 Mar, 2019 02:18pm

Financial

Indonesia intervenes to support rupiah - c.bank official

JAKARTA: Indonesia's central bank intervened on Thursday to support its currency in the domestic non-deliverable forward

Published 28 Mar, 2019 07:34am

Financial

Dollar edges up as more central banks turn dovish, defies lower bond yields

TOKYO: The dollar edged up on Thursday as many of its peers weakened after more central banks shifted to dovish policy s

Published 28 Mar, 2019 07:25am

Financial

Yuan down as trade talks, global growth woes keep markets on edge

HONG KONG: China's yuan fell on Thursday, touching a five-week low, as trade negotiators from Beijing and Washington wre

Published 28 Mar, 2019 07:22am

Financial

Bullish bets on Indian rupee rise, yuan longs recede

Bullish positions in the Indian rupee firmed over the past two weeks, a Reuters poll showed on Thursday, ahead of genera

Published 28 Mar, 2019 06:48am

Financial

New Zealand dollar slides as central bank signals possible rate cut

LONDON: The New Zealand dollar fell on Wednesday after the central bank flagged a possible cut in interest rates, becomi

Published 27 Mar, 2019 01:54pm

Financial

Dollar index to rise into 99.21-100.146 range in Q2

SINGAPORE: The dollar index may rise into a range of 99.21-100.146 in the second quarter, driven by a powerful wave (3)

Published 27 Mar, 2019 08:38am

Financial

New Zealand dollar kneecapped as central bank talks rate cuts

SYDNEY: The New Zealand dollar took a tumble on Wednesday after the country's central bank blindsided markets by saying

Published 27 Mar, 2019 07:31am

Financial

Dollar edges up, kiwi slides as RBNZ flags possible rate cut

TOKYO: The dollar edged higher on Wednesday and antipodean currencies beat a hasty retreat after the Reserve Bank of New

Published 27 Mar, 2019 07:07am

Financial

China's yuan eases as industrial profits tumble, awaits trade talks

HONG KONG: The yuan slipped on Wednesday after data showed the sharpest contraction in China's industrial profits since

Published 27 Mar, 2019 06:36am

Financial

Indonesia raises 21.1 trillion rupiah from retail sukuk

JAKARTA: Indonesia has raised 21.1 trillion rupiah ($1.49 billion) through the sale of retail Islamic bonds, the finance

Published 26 Mar, 2019 10:41am

Financial

Dollar ticks up vs yen as risk aversion ebbs, Brexit saga checks pound

TOKYO: The dollar rebounded modestly against the yen on Tuesday as Treasury yields pulled back from 15-month lows as inv

Published 26 Mar, 2019 07:25am

Financial

Yuan steady as trade talks awaited, offshore borrowing cost surges to 4-mth high

SHANGHAI: China's yuan was little changed against the dollar on Tuesday as traders awaited the resumption of Sino-U.S. t

Published 26 Mar, 2019 07:15am

Financial

Asia FX edges up as recession talk abates

Most Asian currencies were in positive territory on Tuesday but sentiment remained fragile as investors reassessed risks

Published 26 Mar, 2019 06:46am

Financial

Yen lifted, dollar undermined by US yield curveball

The yen held near six-week highs against the dollar on Monday as fears of economic recession, fanned by inversion of the

Published 25 Mar, 2019 12:27pm

Financial

Yuan inches up ahead of latest round of trade talks

SHANGHAI: China's yuan on Monday inched up against the dollar, which slipped globally, and some corporate clients sold t

Published 25 Mar, 2019 07:28am

Financial

Pound stabilises but struggles to rally after Brexit delay deal

HONG KONG: The pound edged up Friday but was struggling to claw back its latest losses after the EU gave Britain a Brexi

Published 22 Mar, 2019 05:54am

Financial

Yuan leaps to 8-mth high as Fed's about-face dampens dollar

SHANGHAI: China's yuan leapt to an eight-month high against a weakening dollar on Thursday after the U.S. Federal Reserv

Published 21 Mar, 2019 08:22am

Financial

Dollar struggles, stocks up on dovish Fed but trade fears persist

Hong Kong: The dollar struggled in Asia on Thursday after a surprisingly dovish Federal Reserve indicated it would not l

Published 21 Mar, 2019 06:25am

Financial

Dollar finds footing as new trade worries boost safe-haven bid

TOKYO: The dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.-China trade negotiat

Published 20 Mar, 2019 08:55am

Financial

Yuan eases amid dollar gains, fresh trade talk worries

SHANGHAI: China's yuan eased against the U.S. dollar on Wednesday as market sentiment soured on reports of renewed tensi

Published 20 Mar, 2019 08:09am

Financial

Dollar near two-week low before Fed meeting, yen strengthens

TOKYO: The dollar was on the defensive on Tuesday, weighed by growing expectations the Federal Reserve would adopt a mor

Published 19 Mar, 2019 08:07am

Financial

Yuan slips before Fed meeting, offshore interbank rate at 4-month high

SHANGHAI: China's yuan inched lower against the dollar on Tuesday, as there was some corporate buying of the greenback b

Published 19 Mar, 2019 07:48am

Financial

India rupee at over 7-month highs; further gains likely

MUMBAI: The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows w

Published 18 Mar, 2019 12:26pm

Financial

Dollar on back foot after soft data fans bets on dovish Fed

TOKYO: The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates

Updated 18 Mar, 2019 12:53pm

Financial

India rupee at over 7-month highs; further gains likely

MUMBAI: The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while

Published 18 Mar, 2019 08:22am

Financial

Australia, Kiwi dollars gain on China stimulus plans; pound firm

LONDON: The dollar broadly fell against its rivals on Friday and was on track for its biggest weekly drop in more th

Published 15 Mar, 2019 12:29pm

Financial

China's yuan funds for forex down in February

BEIJING: China's yuan funds outstanding for foreign exchange edged down in February, according to central bank data.

Published 14 Mar, 2019 12:57pm

Financial

Sterling edges down after Brexit rally, Asia markets mixed

Hong Kong: The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty,

Published 14 Mar, 2019 09:25am

Financial

Australia, NZ dlrs pressured as bond yields keep falling

SYDNEY: The Australian and New Zealand dollars were on the defensive on Thursday as domestic bond yields extended a rece

Published 14 Mar, 2019 09:16am

Financial

Dollar pulls up from 9-day low as sterling recoils after big rally

TOKYO: The dollar pulled ahead from a nine-day low on Thursday, largely helped by the pound snapping back after a sharp

Published 14 Mar, 2019 08:41am

Financial

Yuan drifts lower on mixed trade, economic signals

HONG KONG: The yuan slid from a one-week high against the dollar on Thursday, after China reported a mixed bag of econom

Published 14 Mar, 2019 07:59am

Financial

Pound tracks back from Brexit highs, Asia markets mixed

HONG KONG: The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty,

Published 14 Mar, 2019 06:13am

Financial

India rupee hits 2-1/2-month high as inflows surge; RBI not spotted

MUMBAI: The Indian rupee rose to its highest in two-and-a-half months on Tuesday, buoyed by strong foreign inflows i

Published 12 Mar, 2019 01:06pm

Financial

Sterling surges in Asia on Brexit speculation

SYDNEY: Sterling surged in volatile Asian trading on Tuesday on speculation swirled British Prime Minister Theresa May m

Published 12 Mar, 2019 07:15am

Financial

Pound extends rally as May secures Brexit deal revision

Hong Kong:The pound extended its rally in Asian trade after British Prime Minister Theresa May hammered out a revision t

Published 12 Mar, 2019 06:26am

Financial

Dollar slips to 8-day low vs yen as equities fall broadly

TOKYO: The dollar slipped to an eight-day low against the yen on Friday as the region's equities slid on the back of ris

Published 08 Mar, 2019 07:28am

Financial

Dollar to slip, no lift expected from any China trade deal

BENGALURU: The U.S. dollar will slip over the coming year, according to a Reuters poll of strategists who also said a po

Published 07 Mar, 2019 10:03am

Financial

Australia, NZ dlrs in a sweat as rate cut fever spreads

SYDNEY/WELLINGTON: The Australian dollar was hanging on grimly on Thursday as disappointing retail sales added to alrea

Published 07 Mar, 2019 08:02am

Financial

Yuan inches up against dollar, jumps to 8-mth high against basket

SHANGHAI: China's yuan inched up against the U.S. dollar on Thursday, after hitting a near two-week low hit during the p

Published 07 Mar, 2019 07:42am

Financial

Aussie dollar sent tumbling on economic slowdown concerns

LONDON: The Australian dollar skidded to a two-month low on Wednesday after evidence of an economic slowdown support

Published 06 Mar, 2019 12:59pm

Financial

Yuan inches lower on dollar strength, renewed worries over N.Korea

SHANGHAI: China's yuan inched lower against the U.S. dollar on Wednesday, reflecting strength in the greenback after upb

Published 06 Mar, 2019 07:55am

Financial

Australia dlr pressured before GDP test, RBA stays upbeat

SYDNEY: The Australian dollar pared losses on Tuesday after the country's central bank stuck with its upbeat outlook for

Published 05 Mar, 2019 07:12am

Financial

Dollar stays near 2-week high as euro flags ahead of ECB meeting

TOKYO: The dollar stood close to a two-week high against key peers on Tuesday, shored up by a resilient U.S. economy and

Published 05 Mar, 2019 07:06am

Financial

Yuan inches up, market shrugs off China's lower 2019 GDP growth target

SHANGHAI: China's yuan inched up against the U.S. dollar on Tuesday, on lingering optimism a deal ending the trade war w

Published 05 Mar, 2019 06:19am

Financial

Yuan retreats on dollar rally, renewed caution on trade dispute

HONG KONG: The yuan eased on Friday as the dollar rallied broadly on better-than-expected U.S. economic data, with uncer

Published 01 Mar, 2019 07:51am

Financial

Yen, Swiss franc gain as Trump-Kim summit cut short

TOKYO: The safe-haven Swiss franc and the yen gained slightly on Thursday after the United States and North Korea fa

Updated 28 Feb, 2019 02:31pm

Financial

Dollar, yen up slightly as India-Pakistan tensions mount

TOKYO: The dollar and the yen edged up slightly on Wednesday following a rise in regional tensions after Pakistan said i

Published 27 Feb, 2019 08:57am

Financial

Asian units rise after Trump delays China tariff hike

Asian currencies firmed on Monday after US President Donald Trump delayed increasing tariffs on $200 billion worth o

Published 25 Feb, 2019 12:09pm

Financial

Yuan hits 7-month high, Aussie gains after Trump delays tariffs

LONDON: China's yuan touched a seven-month high and commodity-linked currencies like the Australian and New Zealand

Published 25 Feb, 2019 11:45am

Financial

Australian dollar boosted by risk rally, kiwi climbs on solid data

SYDNEY: The Australian dollar started the week on a firm footing, helped by improved risk sentiment across Asian markets

Published 25 Feb, 2019 08:54am

Financial

Aussie rises after Trump delays China tariffs; yuan at 7-month high

TOKYO: The risk-sensitive Australian dollar rose and the yen sagged in early Asian trade on Monday after U.S. President

Published 25 Feb, 2019 07:40am

Financial

Chinese yuan strengthens to 6.7151 against USD Friday

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 69 basis points to 6.71

Published 22 Feb, 2019 03:31pm

Financial

Dollar inches up after Fed minutes, trade issues back in view

TOKYO: The dollar inched up on Thursday after minutes from the Federal Reserve's last meeting revived expectations f

Published 21 Feb, 2019 12:24pm

Financial

Australian dollar whipsawed by jobs surge, rate call

SYDNEY/WELLINGTON: The Australian dollar was whipsawed on Thursday as a resoundingly strong jobs report sent it flyi

Published 21 Feb, 2019 12:23pm

Financial

Yuan strengthens below key 6.7 per dollar level on trade talks hopes

SHANGHAI: China's yuan strengthened to below 6.7 per dollar on Thursday, making fresh three-week highs after Bloombe

Published 21 Feb, 2019 11:57am

Financial

Dollar inches up after Fed minutes, Aussie felled by rates and coal woes

TOKYO: The dollar inched up on Thursday after minutes from the Federal Reserve's last meeting revived expectations for a

Published 21 Feb, 2019 09:10am

Financial

Yuan strengthens below key 6.7 per dlr level on trade talks hopes

SHANGHAI: China's yuan briefly strengthened below the key 6.7 per dollar level on Thursday to make fresh three-week high

Published 21 Feb, 2019 09:08am

Financial

Australian dollar slides on China's ban of coal imports

SYDNEY: The Australian dollar tumbled on Thursday on fears a ban on the country's coal by a Chinese port would hurt its

Published 21 Feb, 2019 09:03am

Financial

Dollar struggles before Fed minutes; yuan hits 3-week high

LONDON: China's yuan rose on Wednesday after the United States pressed Beijing to prevent a sharp weakening of its c

Published 20 Feb, 2019 11:59am

Financial

Yuan jumps to 3-week high on report US wants China currency stability pledge

SHANGHAI: The yuan jumped to a near three-week high against the dollar on Wednesday after a Bloomberg report said th

Published 20 Feb, 2019 11:56am

Financial

Yuan jumps to 3-week high on report U.S. wants China currency stability pledge

SHANGHAI: The yuan jumped to a near three-week against the dollar on Wednesday after a Bloomberg report said the United

Published 20 Feb, 2019 08:11am

Financial

Offshore yuan hits 2-week peak on report on stable currency pledge

NEW YORK: The Chinese yuan reached a two-week high against the dollar on Tuesday following a Bloomberg TV report tha

Published 19 Feb, 2019 07:16pm

Financial

Dollar edges up against yen after BOJ Kuroda's policy comments

TOKYO: The dollar received a mild lift versus the yen on Tuesday after Bank of Japan Governor Haruhiko Kuroda said the c

Published 19 Feb, 2019 03:00pm

Financial

Yen weakens as BOJ flags easing risks, euro trims earlier gains

TOKYO: The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of fur

Published 19 Feb, 2019 02:35pm

Financial

Yen weakens as BOJ flags easing risks, euro trims earlier gains

TOKYO: The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of fur

Published 19 Feb, 2019 08:57am

Financial

Australia dollar unsettled as RBA cites significant risks

SYDNEY/WELLINGTON: The Australian dollar eased back on Tuesday after the country's central bank sounded a warning about

Published 19 Feb, 2019 06:54am

Financial

Yuan dips on corporate dollar demand, trade talks remain focus

SHANGHAI: China's yuan eased against the U.S. dollar on Tuesday, dragged lower by rising corporate demand for the greenb

Published 19 Feb, 2019 06:24am

Financial

Sri Lanka rupee falls on importers' dollar demand; stocks decline

COLOMBO: The Sri Lankan rupee fell 0.6 percent on Monday in a lacklustre trade as importers stepped up dollar purchases,

Published 18 Feb, 2019 02:09pm

Financial

China's yuan climbs on trade talk momentum

HONG KONG: The yuan rose on Monday after China and the United States agreed to carry on negotiating for a trade deal ahe

Published 18 Feb, 2019 11:56am

Financial

Most Asian currencies stronger on trade talks optimism, stimulus

Most Asian currencies strengthened against the dollar on Monday on renewed hopes of progress in US-China trade talks and

Published 18 Feb, 2019 10:46am

Financial

Sri Lanka rupee ends lower on high dollar demand from importers; stocks steady

COLOMBO: Sri Lanka's rupee ended tad weaker on Thursday led by higher importer dollar demand, market sources said. Th

Published 14 Feb, 2019 12:27pm

Financial

Dollar higher as euro sags; Aussie firms on China data

SINGAPORE: The dollar held near three-month highs versus the euro on Thursday, supported by sustained strength in core U

Published 14 Feb, 2019 08:51am

Financial

Australian, NZ dlrs cautious, eyes on Sino-U.S. trade talks

SYDNEY: The Australian dollar briefly rose on Thursday after better-than-expected trade data from China, Australia's top

Published 14 Feb, 2019 08:50am

Financial

Yuan down slightly, hopes on Sino-US trade talks

SHANGHAI: China's yuan eased just a touch against the dollar on Thursday, with losses capped as markets were cautiously

Published 14 Feb, 2019 08:44am

Financial

Sri Lanka rupee ends weaker on high dollar demand from importers

COLOMBO: Sri Lanka's rupee ended tad weaker on Wednesday, as importer dollar demand surpassed the exporter greenback sal

Published 13 Feb, 2019 03:07pm

Financial

Sri Lanka rupee ends weaker on stock-related outflows

COLOMBO: Sri Lanka's rupee ended weaker on Tuesday, as banks bought dollars to facilitate stock-related outflows and imp

Published 12 Feb, 2019 03:09pm

Financial

Yuan edges up after slipping to near 3-week low

SHANGHAI: China's yuan was modestly firmer on Tuesday after easing to a near three-week low against the dollar, as the g

Published 12 Feb, 2019 08:04am

Financial

Australian dollar gains on iron ore rally, NZ$ firms

WELLINGTON: The Australian dollar inched up from six-week lows on Monday helped by a rally in prices for iron ore, the c

Published 11 Feb, 2019 03:37pm

Financial

China's yuan slips in catch-up trade, US-Sino talks in focus

SHANGHAI: China's yuan weakened against the US dollar on Monday, as the renminbi caught up with the dollar's gains in gl

Published 11 Feb, 2019 03:26pm

Financial

Most Asian currencies softer ahead of high level Sino-US trade talks

Most emerging Asian units started the week weaker against the dollar on Monday, as concerns over slackening world growth

Published 11 Feb, 2019 03:03pm

Financial

Hong Kong forex reserves at $432.0bn at end-Jan

Hong Kong's official foreign currency reserve assets stood at $432.0 billion at end-January, the Hong Kong Monetary Auth

Published 11 Feb, 2019 02:11pm

Financial

China Jan FX reserves rise more than expected to $3.088 trln

BEIJING: China's foreign exchange reserves rose slightly more than expected in January as the yuan rallied on hopes for

Published 11 Feb, 2019 01:15pm

Financial

Australian dollar gains on iron ore rally, NZ$ firms

SYDNEY/WELLINGTON: The Australian dollar inched up from six-week lows on Monday helped by a rally in prices for iron ore

Published 11 Feb, 2019 08:20am

Financial

China's yuan slips in catch-up trade, U.S.-Sino talks in focus

SHANGHAI: China's yuan weakened against the U.S. dollar on Monday, as the renminbi caught up with the dollar's gains in

Published 11 Feb, 2019 07:59am

Financial

Australia, NZ dollars downcast, bonds elated as markets bet on rate cuts

SYDNEY: The Australian and New Zealand dollars looked set to end a rough week with punishing losses on Friday as markets

Published 08 Feb, 2019 04:34pm

Financial

Dollar gains as growth worry sparks flight to safety; Aussie weakens

SINGAPORE: The dollar held near a two-week high on Friday, as demand for safe-haven assets rose on uncertainties about t

Published 08 Feb, 2019 04:06pm

Financial

Indonesian rupiah hits 8-mth high, most unchanged

The Indonesian rupiah firmed to an eight-month peak on Wednesday, boosted by robust growth data, while most other curren

Published 06 Feb, 2019 08:03am

Financial

Sri Lanka rupee ends 1pc weaker on importer dollar demand

COLOMBO: Sri Lanka's rupee ended 1 percent weaker on Tuesday, due to dollar demand as importers purchased the greenback

Published 05 Feb, 2019 02:51pm

Financial

Sri Lanka rupee ends 1pc firmer on dollar sales

COLOMBO: Sri Lanka's rupee ended over 1 percent firmer on Friday, posting a weekly gain of 2.8 percent, as foreign inves

Published 01 Feb, 2019 03:13pm

Financial

EM ASIA FX-Asian currencies mount strong gains after Fed's dovish outlook

The Federal Reserve's dovish turn supported Asian currencies on Thursday and sent the dollar lower as the move improved

Published 31 Jan, 2019 02:20pm

Financial

Dollar falls, euro lifted as Fed turns cautious

LONDON: The dollar weakened on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes

Published 31 Jan, 2019 01:05pm

Financial

China sets yuan mid-point at strongest in 6-1/2 months

SHANGHAI: China's central bank on Thursday lifted its official yuan midpoint to the strongest level in 6-1/2 months to 6

Published 31 Jan, 2019 11:53am

Financial

Yuan rises to new 6-1/2-mth high as Fed takes dovish turn

SHANGHAI: China's yuan rose for a seventh straight session on Thursday, breaching a key threshold to a fresh 6-1/2-month

Published 31 Jan, 2019 09:12am

Financial

Yuan rises to 6-1/2-mth high on trade talk hopes

SHANGHAI: China's yuan strengthened for a sixth straight trading session on Wednesday to a 6-1/2-month high against the

Published 30 Jan, 2019 02:14pm

Financial

Australia dlr gets lift from inflation, jump in iron ore

SYDNEY: The Australian dollar bounced on Wednesday after a reading on domestic inflation proved not to be as weak as bea

Published 30 Jan, 2019 08:46am

Financial

Yuan rises to 6-1/2-mth high on trade talk hopes

SHANGHAI: China's yuan strengthened for a sixth straight trading session on Wednesday to a 6-1/2-month high against the

Published 30 Jan, 2019 08:36am

Financial

Pound stable after Brexit drop, Asia stocks mixed before trade talks

HONG KONG: The pound ticked up slightly in Asia on Wednesday after suffering heavy losses on worries about a possible no

Published 30 Jan, 2019 06:48am

Financial

China's yuan flat as trade talks, holiday draw near

HONG KONG: China's yuan was flat on Tuesday as investors remained cautious ahead of the next round of U.S.-China trade t

Published 29 Jan, 2019 08:09am

Financial

Yuan rises to over 6-mth high on weaker dollar, state bank support

SHANGHAI: China's yuan rose to its strongest level against the dollar in more than six months on Monday as the greenback

Published 28 Jan, 2019 04:27pm

Financial

Chinese yuan weakens slightly last week: index

BEIJING: China's yuan weakened slightly against a basket of currencies in the last trading week, according to a China Fo

Published 28 Jan, 2019 02:19pm

Financial

China's outstanding yuan property loans rise 20pc y/y by end-2018

BEIJING: China's outstanding yuan property loans grew 20 percent from a year earlier to 38.7 trillion yuan ($5.72 trilli

Published 25 Jan, 2019 12:01pm

Financial

Sterling reaches 11-week peak on hopes for May's new Brexit plan

SINGAPORE: Sterling scaled an 11-week high on Friday after The Sun reported that Northern Ireland's Democratic Unionist

Published 25 Jan, 2019 06:59am

Financial

China's yuan lifted by weak dollar; month-end settlements limit gains

HONG KONG: The yuan edged higher against the struggling dollar on Thursday but later pared gains as businesses looked

Published 24 Jan, 2019 02:59pm

Financial

Sri Lanka rupee edges down on importer, state bank dollar demand

COLOMBO: Sri Lanka's rupee closed slightly weaker on Wednesday due to dollar demand from importers and state banks, whil

Published 23 Jan, 2019 02:00pm

Financial

Yuan rebounds, regains key support level on profit taking

SHANGHAI: China's yuan rebounded against the U.S. dollar on Wednesday, recovering all of its losses in the previous sess

Published 23 Jan, 2019 08:45am

Financial

Yen weakens in Asian trade; Aussie, kiwi dollar strengthen

SINGAPORE: The safe-haven yen fell versus its peers on Wednesday as risk appetite marginally improved in Asian trading,

Published 23 Jan, 2019 08:21am

Financial

Sri Lanka rupee slips on importer, bank dollar demand; stocks down

COLOMBO: Sri Lanka's rupee closed slightly weaker on Monday, snapping two straight sessions of gains, due to dollar dema

Published 21 Jan, 2019 01:26pm

Financial

Pound holds its ground after May's Brexit battering

HONG KONG: The pound edged down Wednesday after the record defeat of British Prime Minister Theresa May's Brexit plan bu

Published 16 Jan, 2019 07:25am

Financial

Sri Lanka rupee ends weaker in dull trade

COLOMBO: Sri Lanka's rupee closed weaker on Monday in thin trade due to dollar demand from banks and importers, whil

Published 14 Jan, 2019 12:36pm

Financial

Sri Lanka rupee ends steady; shares post over 6-wk closing low

COLOMBO: Sri Lanka's rupee closed steady on Friday in dull trade as dollar selling by banks offset importer demand f

Published 11 Jan, 2019 01:57pm

Financial

China promotes use of yuan among Southeast Asian nations

SHANGHAI: China published a five-year blueprint on Friday seeking economic and financial integration between souther

Published 11 Jan, 2019 01:48pm

Financial

Sri Lanka rupee ends weaker on importer, bank dollar demand; stocks at 6-week low

COLOMBO: Sri Lanka's rupee ended weaker on Tuesday as importer dollar demand and continued outflows of foreign funds

Published 08 Jan, 2019 03:04pm

Financial

China's yuan softens on weak hopes for trade talks; dollar recovers

HONG KONG: The Chinese yuan weakened on Tuesday amid skepticism over whether the first negotiations in Beijing would

Published 08 Jan, 2019 12:32pm

Financial

Indonesia sells 8.655 trln rupiah of Islamic bonds

JAKARTA: * Indonesia's finance ministry sold 8.655 trillion rupiah ($611.88 million) of Islamic bonds at an auction on

Published 08 Jan, 2019 11:03am

Financial

Sri Lankan rupee ends firmer on mild dollar inflows; stocks down

COLOMBO: The Sri Lankan rupee recovered further on Monday, after hitting a record low in the previous week, helped b

Published 07 Jan, 2019 03:14pm

Financial

Sri Lankan rupee recovers; bourse turnover hits 10-yr low

COLOMBO: The Sri Lankan rupee recovered from a near record low hit in the previous session to end higher on Friday, boos

Published 04 Jan, 2019 02:27pm

Financial

Yen weakens but moves limited by global growth worries

SINGAPORE: The safe-haven yen weakened versus the dollar on Friday on hopes upcoming U.S.-China trade talks would make s

Published 04 Jan, 2019 10:09am

Financial

Yuan climbs cautiously on hopes for U.S.-China trade deal

HONG KONG: The Chinese yuan firmed on Friday on hopes that trade talks next week would help end the bitter U.S.-Sino tra

Published 04 Jan, 2019 09:44am

Financial

India has more than adequate 2,000 rupee notes in system

NEW DELHI: India has not yet decided on further printing of 2,000 rupee notes as there are more than adequate notes of t

Published 04 Jan, 2019 09:39am

Financial

Yen surges, Aussie slides as growth fears trigger FX 'flash crash'

SINGAPORE: The yen soared versus its peers on Thursday, breaking through key technical support levels as heightened glob

Published 03 Jan, 2019 08:39am

Financial

Yuan inches lower on weaker midpoint, risk aversion

SHANGHAI: China's yuan inched lower against the U.S. dollar on Thursday, dragged by the central bank's weaker midpoint f

Published 03 Jan, 2019 08:18am

Financial

Aussie dollar tanks to 10-year low against USD

SYDNEY: The Australian dollar briefly hit a 10-year low against the greenback Thursday, as twitchy investors ditched mor

Published 03 Jan, 2019 07:02am

Financial

Sri Lankan rupee ends near record low; shares edge higher

COLOMBO: The Sri Lankan rupee ended near record low on Wednesday due to continued outflows of foreign funds mainly f

Published 02 Jan, 2019 04:18pm

Financial

Yen stands tall as growth concerns curb risk appetite

LONDON: The Japanese yen rose sharply across the board on Wednesday as investors grew cautious on the first trading

Published 02 Jan, 2019 12:05pm

Financial

Sri Lankan rupee ends slightly firmer

COLOMBO: The Sri Lankan rupee closed slightly firmer on Tuesday but trade was thin as many foreign currency traders

Published 01 Jan, 2019 12:33pm

Financial

Indonesian rupiah leads gains on "progress" in U.S.-China talks

Most Asian currencies were set to end a bumpy year on a positive note, with the Indonesian rupiah leading gains on Monda

Published 31 Dec, 2018 08:28am

Financial

Sri Lankan rupee hits record low; investors shrug off cenbank rate decision

COLOMBO: The Sri Lankan rupee fell to a record low for a sixth straight session on Friday on continued outflows of forei

Published 28 Dec, 2018 08:54pm

Financial

Sri Lankan rupee slides to yet another record low vs dollar

COLOMBO: The Sri Lankan rupee on Friday fell to record low against the dollar for a sixth straight session, hurt by rele

Published 28 Dec, 2018 08:03am

Financial

Sri Lankan rupee hits record low of 182.35 vs dollar

COLOMBO: The Sri Lankan rupee fell to a record low against the dollar on Thursday amid pressure from capital outflow

Published 27 Dec, 2018 12:43pm

Financial

Yen gains as stocks fall in broad-based selloff

LONDON: The Japanese yen gained half a percent against the dollar on Thursday as widening cracks in global stock mar

Published 27 Dec, 2018 12:25pm

Financial

Sri Lankan rupee hits record low on foreign outflows

COLOMBO: The Sri Lankan rupee fell to a record low on Wednesday due to continued outflows of foreign funds mainly fr

Published 26 Dec, 2018 01:44pm

Financial

Dollar slips to 4-month low vs yen amid turmoil in Washington

TOKYO: The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to risk

Updated 25 Dec, 2018 04:13pm

Financial

Sri Lankan rupee hits record low as foreign outflows continue

COLOMBO: The Sri Lankan rupee fell to a record low on Monday due to continued outflows of foreign funds from bonds

Published 24 Dec, 2018 02:16pm

Financial

Yen, Swiss franc rise as US political uncertainty, global growth woes dim mood

SINGAPORE: The Japanese yen and the Swiss franc gained on Monday, thanks to safe-haven buying as sentiment in finan

Published 24 Dec, 2018 01:25pm

Financial

Yuan reverses course, inches up on signs of state bank support

SHANGHAI: China's yuan slipped initially on Monday morning, but changed course and moved higher on selling of dollar

Published 24 Dec, 2018 01:21pm

Financial

Most Asian currencies subdued as US political uncertainty dampens sentiment

Most Asian currencies barely moved in holiday-thinned trade on Monday, as political uncertainty in the United States

Published 24 Dec, 2018 12:59pm

Financial

China's yuan weakens as new lending tool points to further easing

SHANGHAI/HONG KONG: The yuan weakened on Thursday after China's central bank introduced a targeted lending measure t

Published 20 Dec, 2018 12:30pm

Financial

Sri Lankan rupee hits record low of 181 against dollar

COLOMBO: The Sri Lankan rupee fell to a record low against the dollar on Thursday, amid pressure on the currency due

Published 20 Dec, 2018 11:37am

Financial

Indonesia rupiah has room to strengthen, says central bank official

JAKARTA: Senior Indonesian central bank official Nanang Hendarsah said on Thursday the rupiah has room to strengthen

Published 20 Dec, 2018 10:56am

Financial

Sri Lankan rupee ends weaker as foreign outflows hurt

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday amid pressure on the currency due to foreign outflows from bonds

Published 19 Dec, 2018 11:57am

Financial

India rupee at near 3-week high on likely soft Fed outlook, low crude

MUMBAI: The Indian rupee touched a near three-week high against the dollar on Tuesday on lower crude prices and expectat

Published 18 Dec, 2018 09:50am

Financial

Australia, NZ dlrs on defensive, bonds get budget boost

SYDNEY: The Australian and New Zealand dollars were put on the defensive on Monday by worries about slowing growth in Ch

Published 17 Dec, 2018 01:42pm

Financial

Dollar index near 19-month high on safe-haven bid amid global growth worries

SINGAPORE: The dollar held near a 19-month high on Monday, bolstered by safe-haven buying as heightened concerns of a gl

Published 17 Dec, 2018 01:26pm

Financial

China's yuan firms ahead of key events, trade volumes rise

SHANGHAI: China's yuan firmed in active trade on Monday, but hovered near the psychologically-important 6.9 per dollar l

Published 17 Dec, 2018 01:17pm

Financial

EM ASIA FX-Most Asian currencies barely move; Thai baht weakens most

Most emerging Asian currencies moved only marginally on Monday, as the dollar held near a 19-month high ahead of an expe

Published 17 Dec, 2018 01:05pm

Financial

Sri Lankan rupee ends lower on foreign sell-off on uncertainty

COLOMBO: The Sri Lankan rupee ended weaker on Friday amid pressure on the currency due to foreign outflows from bonds an

Published 14 Dec, 2018 02:12pm

Financial

Sri Lankan rupee ends lower on foreign sell-off ahead of key ruling

COLOMBO: The Sri Lankan rupee ended a tad weaker on Thursday in dull trade amid pressure on the currency due to foreign

Published 13 Dec, 2018 03:13pm

Financial

Sri Lankan rupee ends lower as foreign sell-off continues

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday, as foreign investors continued to exit from bonds and stocks as

Published 12 Dec, 2018 01:56pm

Financial

Sri Lankan rupee, stocks slide as political crisis spurs outflows

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday, as foreign investors continued to exit from bonds and stocks as a

Published 11 Dec, 2018 02:08pm

Financial

India's rupee, stocks down as central bank chief quits

MUMBAI: India's rupee plunged along with equities on Tuesday after the country's central bank chief quit following a dis

Published 11 Dec, 2018 07:51am

Financial

China fixes yuan midpoint at 1-wk low, biggest one-day weakening since late Aug

SHANGHAI: China's central bank lowered its official yuan midpoint by the most in more than three months to 6.8996 pe

Published 11 Dec, 2018 01:52am

Financial

Pound struggles near 20-mth low on Brexit setback, dollar stands tall

TOKYO: The pound struggled near a 20-month low against the dollar on Tuesday after British Prime Minister Theresa Ma

Published 11 Dec, 2018 01:17am

Financial

Sri Lankan rupee, stocks end weaker as foreign outflows bite

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday, as foreign investors continued to exit from bonds and sto

Published 10 Dec, 2018 02:37pm

Financial

Indian rupee forwards slump after central bank head quits

LONDON: Indian rupee forwards posted their biggest daily slump in more than five years on Monday, after Reserve Bank of

Published 10 Dec, 2018 02:20pm

Financial

China, Ukraine renew bilateral local currency swap agreement

BEIJING: China and Ukraine have renewed a bilateral local currency swap agreement worth 15 billion yuan ($2.18 billion)

Published 10 Dec, 2018 12:28pm

Financial

Dollar dips versus yen as growth concerns shake confidence

TOKYO: The dollar dipped against the safe-haven yen on Thursday amid a spike in risk aversion, as equities continued

Published 06 Dec, 2018 01:51am

Financial

Foreign investors cut China treasuries in Nov on weak yuan, yields

SHANGHAI: Offshore investors reduced their holdings of Chinese government bonds in November, data from China's primary b

Published 05 Dec, 2018 03:40pm

Financial

Indonesia rupiah drop a "technical correction", BI not yet intervening -official

JAKARTA: A drop in the Indonesian rupiah on Wednesday was due to "technical correction" and the central bank is yet to i

Published 05 Dec, 2018 09:11am

Financial

Australia, NZ shares follow Wall Street down, but losses are milder

Australian shares fell on Wednesday, following a sell-off on Wall Street, as a flattening U.S. Treasury yield curve spar

Published 05 Dec, 2018 08:49am

Financial

Sri Lankan rupee ends firmer on dollar remittances

COLOMBO: The Sri Lankan rupee closed firmer on Monday as banks sold dollars due to month-end inward remittances, but the

Published 03 Dec, 2018 01:55pm

Financial

Aussie dollar, yuan lead gains after US-China trade war truce

LONDON: China's yuan and the Australian dollar led the rally against the US dollar on Monday after Washington and Beijin

Published 03 Dec, 2018 01:26pm

Financial

Sri Lankan rupee ends firmer on remittances, but remains under pressure

COLOMBO: The Sri Lankan rupee closed firmer on Friday as banks sold dollars due to month-end inward remittances, but the

Published 30 Nov, 2018 01:29pm

Financial

Sri Lankan rupee ends slightly weaker on economic woes

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday as investors dumped rupee-denominated assets on a cre

Published 29 Nov, 2018 03:17pm

Financial

Sri Lankan rupee hits fresh low against dollar for 6th day running

COLOMBO: The Sri Lankan rupee hit yet another record low against the dollar on Wednesday on continuing concerns about po

Published 28 Nov, 2018 08:31am

Financial

Australia, NZ dlrs near recent lows on Sino-U.S. trade jitters

SYDNEY: The Australian dollar hovered near one-week lows as markets were nervous before crucial trade talks between the

Published 27 Nov, 2018 08:57am

Financial

China's yuan edges lower as Trump comments dash hopes of trade truce

SHANGHAI: The yuan edged lower against the dollar on Tuesday on growing doubts over whether the leaders of China and the

Published 27 Nov, 2018 08:53am

Financial

Australia, NZ dollars find tenuous support ahead of trade test

SYDNEY: The Australian and New Zealand dollars found some support on Monday as Asian markets steadied on hopes for progr

Published 26 Nov, 2018 08:22am

Financial

Sri Lankan rupee hits fresh low against dollar

COLOMBO: The hit yet another record low against the dollar on Monday due to concerns over political uncertainty dragging

Published 26 Nov, 2018 07:51am

Financial

Sri Lankan rupee hits record low on Moody's downgrade, political uncertainty

COLOMBO: The Sri Lankan rupee fell to an all-time low of 179.95 per dollar on Friday, as Moody's downgrade of the countr

Published 23 Nov, 2018 02:26pm

Financial

NZ dlrs set for biggest weekly fall since October

The Australian and New Zealand dollars eased on Friday and were on track for their worst weekly performances since early

Published 23 Nov, 2018 08:16am

Financial

Euro, sterling steady as traders look to Brexit progress

SINGAPORE: The euro and sterling edged higher against the dollar on Friday after Britain and the European Union agreed a

Published 23 Nov, 2018 08:01am

Financial

Yuan eases after PBOC seen managing decline

China's yuan softened on Friday after official data suggested that the People's Bank of China spent more to prop up the

Published 23 Nov, 2018 07:53am

Financial

Sri Lankan rupee hits record low of 179.50 against dollar

COLOMBO: The Sri Lankan rupee hit yet another record low against the dollar on Friday as Moody's downgrade of the countr

Published 23 Nov, 2018 07:32am

Financial

Euro, sterling hold steady on Brexit hopes; dollar drifts lower

SINGAPORE: The euro and sterling steadied versus the dollar on Friday after Britain and the European Union agreed in

Published 23 Nov, 2018 01:45am

Financial

Indian rupee hits near 12-week high; traders say RBI not seen in market

MUMBAI: The Indian rupee rose to its highest in almost 12 weeks on Thursday as global oil prices eased further. The r

Published 22 Nov, 2018 12:02pm

Financial

Softer dollar, cheaper oil prop up emerging-market currencies

A weaker dollar and lower oil prices limited losses in emerging- market currencies on Thursday, with South Africa's rand

Published 22 Nov, 2018 10:05am

Financial

Australia, NZ dlrs slip as shine comes off risk assets

SYDNEY: The Australian and New Zealand dollars slipped on Thursday as risk assets fell out of favour, with investors fre

Published 22 Nov, 2018 08:55am

Financial

Most Asia currencies inch up on dollar slip; rupee biggest gainer

Most Asian currencies firmed slightly on Thursday as the dollar's softening after two strong sessions restored some appe

Published 22 Nov, 2018 08:51am

Financial

Yuan edges lower as market watches for trade war risks

HONG KONG: China's yuan weakened on Thursday in cautious trade ahead of next week's G20 meeting in Argentina, with trade

Published 22 Nov, 2018 05:45am

Financial

Sri Lankan rupee hits record low of 177.20 against dollar

COLOMBO: The Sri Lankan rupee fell to a record low on Monday as political uncertainty deepened a day after President

Published 19 Nov, 2018 01:57pm

Financial

Yuan weakens as trade tensions, easing pressures persist

HONG KONG: The yuan dropped against the dollar on Monday as the United States kept up pressure on China in their bit

Published 19 Nov, 2018 11:12am

Financial

Yuan firms on state bank support, signs trade tensions easing

SHANGHAI: China's yuan closed slightly firmer on Tuesday as early support from major state-owned Chinese banks lifte

Published 13 Nov, 2018 12:46pm

Financial

Sri Lanka rupee hits record low of 176.05 on political crisis

COLOMBO: The Sri Lankan rupee fell to a record low on Tuesday, as political uncertainty triggered by President Maithripa

Published 13 Nov, 2018 09:12am

Financial

Sri Lankan rupee hits record low, dollar bonds plummet after parliament suspension

COLOMBO: The Sri Lankan rupee fell to a record low of 175.90 to the US dollar on Monday, as political uncertainty trigge

Published 12 Nov, 2018 09:17pm

Financial

Dollar treads water ahead of US mid term elections, RBA holds steady

SINGAPORE: The dollar held in tight ranges versus its major rivals on Tuesday with investors putting discretion befo

Published 06 Nov, 2018 11:55am

Financial

Yuan edges down as investors gauge US mid-terms' impact on trade

HONG KONG: The Chinese yuan weakened slightly on Tuesday as investors stayed on the sidelines to await the results o

Published 06 Nov, 2018 11:51am

Financial

Indonesian rupiah outperforms cautious peers ahead of US mid-terms

Indonesia's rupiah surged over 1 percent on improved dollar liquidity thanks to recent government bond issuance, whi

Published 06 Nov, 2018 11:41am

Financial

Indonesian rupiah outperforms cautious peers ahead of U.S. mid-terms

Indonesia's rupiah surged over 1 percent on improved dollar liquidity thanks to recent government bond issuance, while m

Published 06 Nov, 2018 08:07am

Financial

Indian rupee weakens; soft crude likely to limit fall

MUMBAI: Indian rupee opened weaker on Monday tracking Asian peers due to strong U.S. jobs data that bolstered expectatio

Published 05 Nov, 2018 09:27am

Financial

China's yuan rebounds to close at strongest in nearly a week

HONG KONG/SHANGHAI: China's yuan edged off 10-year low on Thursday to end at 6.9496 per dollar, its highest onshore

Published 01 Nov, 2018 11:14am

Financial

Yuan set for longest monthly losing streak, more pressure ahead

SHANGHAI: China's yuan eased against the U.S. dollar on Wednesday and looked set to post its longest monthly losing

Published 31 Oct, 2018 11:47am

Financial

China's yuan hits decade low on trade, economy fears

SHANGHAI: The Chinese yuan weakened to a decade low on Tuesday on concerns over China's slowing economy and the US t

Published 30 Oct, 2018 11:11am

Financial

Sri Lanka rupee hits record low of 172.95 per dollar

COLOMBO, Oct 23 (Reuters) - The Sri Lankan rupee slumped to a fresh low for a third straight session on Tuesday due to i

Published 23 Oct, 2018 10:45am

Financial

Sri Lankan rupee ends weaker; stocks slip to near 5-yr closing low

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as banks and importers bought the US dollar while stocks edged l

Published 18 Oct, 2018 02:25pm

Financial

China's new yuan loans expand in September

BEIJING: China's new yuan-denominated loans stood at 1.38 trillion yuan (about 200 billion US dollars) in September, up

Published 17 Oct, 2018 11:31am

Financial

Asian currencies firmer on improved sentiment, S.Korean won leads gains

Asian currencies made slight advances against the dollar on Tuesday as global sentiment towards riskier assets improved

Published 16 Oct, 2018 12:34pm

Financial

Despite Beijing's line, investors gun for yuan at 7 to the dollar

SHANGHAI/HONGKONG: Investors are betting that the powerful forces of easier monetary policy at home and unrelenting gain

Published 16 Oct, 2018 10:40am

Financial

Sri Lankan rupee edges up; stocks down for third session

COLOMBO: The Sri Lankan rupee ended slightly higher on Thursday, easing from a record low hit in the previous session, a

Published 11 Oct, 2018 02:12pm

Financial

Australia, NZ dlrs shoved to sidelines as stocks slide

SYDNEY: The Australian and New Zealand dollars nursed losses on the yen and euro on Thursday as a slide in global share

Published 11 Oct, 2018 12:15pm

Financial

Indian rupee hits lifetime low, stocks tumble on global markets sell-off

MUMBAI: The Indian rupee plumbed new lows and stock markets fell deeper into the red for the year on Thursday, rocked by

Published 11 Oct, 2018 12:10pm

Financial

Dollar weakens, yen at October highs after US stocks slide

SINGAPORE: The US dollar, usually seen as a safe haven in turbulent times, surprised some currency strategists on Thursd

Published 11 Oct, 2018 12:04pm

Financial

Yuan weakens slightly amid global equity sell-off

SHANGHAI: China's yuan weakened slightly against the US dollar on Thursday amid a global equity sell-off that shrank ris

Published 11 Oct, 2018 11:58am

Financial

Australian, NZ dollars edge higher as Treasury yields step back

SYDNEY: The Australian and New Zealand dollars inched higher for a second session on Wednesday as US bond yields eased b

Published 10 Oct, 2018 12:15pm

Financial

Indian rupee, bonds gain in early trade; seen rangebound

MUMBAI: The Indian rupee gained on Wednesday, recovering from a record low hit at the end of the previous session, as ga

Published 10 Oct, 2018 11:31am

Financial

Yuan firms as dollar takes breather, but outlook still weak

SHANGHAI: China's yuan firmed against the dollar on Wednesday as a rally in the greenback paused and as Beijing reiterat

Published 10 Oct, 2018 11:25am

Financial

EM ASIA FX-Asian currencies find respite as US yields dip

A retreat in US debt yields gave Asian currencies some respite on Wednesday, but going forward they are likely to remain

Published 10 Oct, 2018 11:22am

Financial

Sri Lanka rupee hits record low of 171 per dollar

COLOMBO: The Sri Lankan rupee slumped to a fresh low on Tuesday, as a broadly stronger dollar and selling in government

Published 10 Oct, 2018 11:14am

Financial

China's yuan regains footing amid offshore liquidity squeeze

SHANGHAI/HONG KONG: China's yuan firmed against the dollar on Tuesday after falling to seven-week lows the previous sess

Published 09 Oct, 2018 12:47pm

Financial

Indian rupee hits record low of 74.28 per dollar

MUMBAI: The Indian rupee dropped to a record low on Tuesday afternoon with weakness in domestic shares and some Asian pe

Published 09 Oct, 2018 10:18am

Financial

Yuan finds traction after sharp declines, limiting other Asian units losses

Losses in most Asian currencies were limited by a strengthening in the yuan on Tuesday, as the Chinese currency recovere

Published 09 Oct, 2018 10:16am

Financial

Sri Lanka rupee hits record low of 171 per dollar

COLOMBO: The Sri Lankan rupee slumped to a fresh low on Tuesday, as a broadly stronger dollar and selling in government

Published 09 Oct, 2018 09:48am

Financial

EM ASIA FX-Yuan hits 7-week low after PBOC cuts reserve ratio, frees up liquidity

Most Asian currencies were weaker on Monday, with the yuan among the top decliners after the central bank cut the minimu

Published 08 Oct, 2018 12:06pm

Financial

Sri Lanka rupee hits record-low of 170.60 per dollar

COLOMBO: The Sri Lankan rupee slumped to yet another all-time low on Monday, as a broadly stronger dollar and selling in

Published 08 Oct, 2018 11:48am

Financial

Australia, NZ dollars on the defensive as US yields advance

SYDNEY: The Australian and New Zealand dollars were stuck near multi-year lows on Monday as higher Treasury yields under

Published 08 Oct, 2018 11:42am

Financial

Dollar tenses for yuan fix as China eases policy

SYDNEY: The dollar got off to a tense start on Monday as investors waited to see if China would follow an easing in

Published 08 Oct, 2018 01:30am

Financial

China's Sept FX reserves fall more than expected to $3 trln

BEIJING: China's foreign exchange reserves fell more than expected in September to a 14-month low as the yuan currency w

Published 07 Oct, 2018 11:32am

Financial

Kenya shilling unchanged, draws support from remittances and weak demand

NAIROBI: The Kenyan shilling traded stable against the dollar on Friday, supported by inflows from Diaspora remittances

Published 05 Oct, 2018 12:25pm

Financial

Indonesia's forex reserves drop by $3.1bn in Sept

JAKARTA: Indonesia's foreign exchange reserves dropped by about $3.1 billion in September, partly due to currency market

Published 05 Oct, 2018 11:35am

Financial

Indian rupee collapses to 73.77 against USD

NEW DELHI: The Indian rupee on Thursday slumped further to an all-time low of 73.77 against the U.S. dollar. "Indian

Published 04 Oct, 2018 07:51am

Financial

Sri Lanka rupee ends marginally down; stocks hit near 6-yr closing low

COLOMBO: The Sri Lankan rupee closed marginally weaker on Tuesday, near a record low touched last week, hurt by dollar d

Published 03 Oct, 2018 12:10pm

Financial

Indian rupee hits record low as high oil prices weigh

MUMBAI: The Indian rupee dropped to a record low on Wednesday as a sharp rise in global crude oil prices heaped more pre

Published 03 Oct, 2018 12:03pm

Financial

EM ASIA FX-Rupee hits record low, Bank Indonesia supports rupiah as oil prices weigh

The Indian rupee opened at a record low on Wednesday and further weakening in Indonesia's embattled rupiah prompted cent

Published 03 Oct, 2018 11:48am

Financial

India's Q4 gold imports to jump as investors seek safer bets than stocks

MUMBAI: India's gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets a

Published 03 Oct, 2018 10:48am

Financial

Sri Lanka rupee ends marginally down; stocks hit near 6-year closing low

COLOMBO: The Sri Lankan rupee closed marginally weaker on Tuesday, near a record low touched last week, hurt by dollar d

Published 02 Oct, 2018 01:37pm

Financial

Dollar slips vs yen as Canada trade deal's boost to risk appetites fades

TOKYO: The dollar retained gains against a basket of currencies on Tuesday while slipping off a more than 10-month peak

Published 02 Oct, 2018 10:08am

Financial

Australia, NZ dlrs sit still, RBA holds rates with eye on housing

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dithered on Tuesday as a deal between Canada and the United St

Published 02 Oct, 2018 09:58am

Financial

EM ASIA FX-Most Asian units slip, but baht hits 3-1/2 month high

The Thai baht strengthened to a 3-1/2 month high on Monday after September's higher-than-expected inflation rate led som

Published 01 Oct, 2018 12:10pm

Financial

Sri Lanka rupee hits record low; shares fall amid foreign outflows

COLOMBO:The Sri Lankan rupee hit a record low on Thursday as foreign investors exited government securities after the US

Published 27 Sep, 2018 02:33pm

Financial

Sri Lankan rupee closes near record low

COLOMBO: The Sri Lankan rupee declined on Tuesday and closed above its record low hit last week, while intervention by t

Published 25 Sep, 2018 02:48pm

Financial

Yuan firms as China pledges no devaluation after new tariffs

SHANGHAI: The yuan edged up against the US dollar on Wednesday as Premier Li Keqiang pledged China will not engage i

Published 19 Sep, 2018 01:13pm

Financial

Sri Lankan rupee hits record low for sixth session

COLOMBO: The Sri Lankan rupee hit a record low for a sixth straight session on Wednesday due to dollar demand from i

Published 19 Sep, 2018 12:21pm

Financial

Sri Lankan rupee hits record low for 5th straight session

COLOMBO: The Sri Lankan rupee hit an all-time low of 166.10 per dollar on Tuesday due to dollar demand from importer

Published 18 Sep, 2018 02:45pm

Financial

China's yuan down as Beijing, Washington escalate trade row; stimulus hopes boost stocks

SHANGHAI: China's yuan currency inched lower on Tuesday after U.S. President Donald Trump said Washington will impos

Published 18 Sep, 2018 08:35am

Financial

Sri Lankan rupee touches fresh low for third straight day

COLOMBO: The Sri Lankan rupee hit a fresh low against the dollar on Friday and traders expect the currency to be und

Published 14 Sep, 2018 02:37pm

Financial

Indian rupee strengthens after comments by finance ministry official

MUMBAI: The Indian rupee staged a sharp recovery on Wednesday, following talk of possible fiscal and monetary steps

Published 12 Sep, 2018 02:42pm

Financial

Sri Lanka rupee hits fresh low; ends steady

COLOMBO: The Sri Lankan rupee hit a fresh low on Wednesday before ending steady as late dollar sales by banks outpac

Published 12 Sep, 2018 02:09pm

Financial

Indonesia's forex reserves decline around $400mn in Aug

JAKARTA: Indonesia's foreign exchange reserves slipped around $400 million in August to $117.9 billion, Bank Indones

Published 07 Sep, 2018 12:54pm

Financial

Indian rupee to languish around 70 per dollar a year from now

BENGALURU: India's battered rupee, which has lost more than 12 percent this year, will hover near record lows on a w

Published 06 Sep, 2018 12:17pm

Financial

Indonesian rupiah, stocks battered in emerging market rout

JAKARTA: Indonesia's rupiah currency dropped Wednesday to its lowest level since the 1998 Asian Financial Crisis and

Published 05 Sep, 2018 02:35pm

Financial

Sri Lankan rupee slide continues, hits fresh low

COLOMBO: The Sri Lankan rupee fell to a fresh low on Wednesday, tracking weakness in emerging markets stocks and cur

Published 05 Sep, 2018 02:03pm

Financial

Yuan weakens despite tighter liquidity offshore

SHANGHAI: China's yuan finished domestic trade lower on Tuesday, as broad strength in the U.S. dollar eclipsed the s

Published 04 Sep, 2018 02:26pm

Financial

Sri Lankan rupee hits record low for 11th session

COLOMBO: The Sri Lankan rupee fell to an all-time low on Tuesday, marking its 11th straight session of setting fresh

Published 04 Sep, 2018 01:17pm

Financial

Indonesia warns currency speculators of ‘firm action’ as rupiah strikes 20-year low

JAKARTA: Indonesia's finance minister said on Tuesday that authorities will take firm action against currency specul

Published 04 Sep, 2018 01:04pm

Financial

Sri Lankan rupee hits record low for 10th session on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to an all-time low on Monday, marking a 10th straight session of setting fresh tr

Published 03 Sep, 2018 03:41pm

Financial

Indonesia braces for prolonged pressure as rupiah slides

JAKARTA: Indonesia is bracing for prolonged pressure on the rupiah amid souring emerging market sentiment exacerbate

Published 03 Sep, 2018 12:16pm

Financial

Sri Lankan rupee hits record low on strong importer dollar demand

COLOMBO: The Sri Lankan rupee dropped to an all-time low on Friday, marking its ninth straight session of setting fresh

Published 31 Aug, 2018 07:59pm

Financial

Indian rupee touches record low as Asia markets tumble

HONG KONG: Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear

Published 31 Aug, 2018 01:58pm

Financial

Sri Lankan rupee weakens further to fresh record low

COLOMBO: The Sri Lankan rupee dropped to an all-time low on Thursday, marking its eighth straight session of setting

Published 30 Aug, 2018 12:53pm

Financial

Indian rupee plunges to new low against the dollar

MUMBAI: India's rupee hit fresh lows against the dollar Wednesday as emerging market currencies continue to be sold

Published 29 Aug, 2018 12:24pm

Financial

Sri Lankan rupee hits record low for seventh session

COLOMBO: The Sri Lankan rupee hit an all-time low for a seventh straight session on Wednesday, dragged down by impor

Published 29 Aug, 2018 11:57am

Financial

Yuan eases on dollar demand, snapping a 3-day winning streak

SHANGHAI: China's yuan weakened against the US dollar on Wednesday, snapping a three-day winning streak, pulled lowe

Published 29 Aug, 2018 11:54am

Financial

Indian rupee hits record low, dealers say central bank intervention mild

MUMBAI: The Indian rupee touched a record low of 70.475 to the dollar on Wednesday, tracking weakness in Asian peers

Published 29 Aug, 2018 11:49am

Financial

Sri Lankan rupee hits record low; mild dollar sales ease pressure

COLOMBO: The Sri Lankan rupee hit an all-time low of 161.30 per dollar on Tuesday, dragged down by importer dollar d

Published 28 Aug, 2018 01:51pm

Financial

Yuan hits 4-week high as China signals support, revives X-factor for fixing

SHANGHAI: China's yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank re

Published 27 Aug, 2018 12:24pm

Financial

Sri Lankan rupee hits fresh low on foreign outflows

COLOMBO: The Sri Lankan rupee touched a record low of 160.65 per dollar on Tuesday as importer dollar demand and for

Published 21 Aug, 2018 12:59pm

Financial

Dollar broadly lower after Trump remarks

TOKYO: The dollar traded lower against a basket of major peers on Tuesday after U.S. President Donald Trump said he

Published 21 Aug, 2018 12:38pm

Financial

Sri Lankan rupee hits record low for second session on importer demand

COLOMBO: The Sri Lankan rupee hit an all-time low for a second straight session on Thursday, as importers bought dol

Published 16 Aug, 2018 03:36pm

Financial

Yuan decline helps China in US trade war, at a price

BEIJING: The recent fall of the yuan has been a boon to Chinese exporters facing a trade war with the United States, but

Published 10 Aug, 2018 10:21am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday on importer dollar demand, while dealers expect the l

Published 09 Aug, 2018 01:19pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday as demand for the US dollar from banks surpassed mild inward remittances

Published 08 Aug, 2018 01:44pm

Financial

EM ASIA FX-Most Asian currencies weaken on trade war, Iran sanctions

SINGAPORE: Most Asian currencies weakened against the dollar on Tuesday as revived US sanctions on Iran and escalating t

Published 07 Aug, 2018 12:39pm

Financial

Sri Lankan rupee edges higher on inward remittances

COLOMBO: The Sri Lankan rupee ended slightly firmer on Monday as inward remittances surpassed early demand for the US do

Published 06 Aug, 2018 01:31pm

Financial

Indian shares edge higher to record close; financials lead

MUMBAI: Indian shares edged up on Monday to their highest close, driven by financials such as private sector lenders ICI

Published 06 Aug, 2018 10:56am

Financial

Sri Lankan rupee ends steady; central bank keeps rates steady

COLOMBO: The Sri Lankan rupee ended steady on Friday as dollar demand from foreign banks offset selling of the greenback

Published 03 Aug, 2018 12:14pm

Financial

China's yuan hits 14 month low as Trump ramps up trade pressure

SHANGHAI: China's yuan fell to a 14-month low against the dollar on Thursday in domestic trading, pulled down by worries

Published 02 Aug, 2018 03:21pm

Financial

Sri Lanka rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Thursday as late dollar demand from foreign banks surpassed gre

Published 02 Aug, 2018 02:31pm

Financial

Yuan inches up, but US-China trade dispute keeps market on edge

SHANGHAI: China's yuan had choppy session on Wednesday, as traders grappled with Sino-US trade war tensions, with the cu

Published 01 Aug, 2018 01:03pm

Financial

Dollar seesaws vs yen after BOJ tweaks policy

TOKYO: The US dollar seesawed against the Japanese yen on Tuesday after the Bank of Japan made small tweaks to its polic

Published 31 Jul, 2018 01:12pm

Financial

Indonesia raises 20 trillion rupiah in bond auction

JAKARTA: Indonesia raised 20 trillion rupiah ($1.39 billion) in a bond auction on Tuesday, the maximum target amount, th

Published 31 Jul, 2018 12:16pm

Financial

Yuan weakens, set for 4th straight monthly loss in July

SHANGHAI: China's yuan finished lower against the US dollar at the domestic close on Tuesday after the central bank set

Published 31 Jul, 2018 12:07pm

Financial

Iran currency drops 18% in two days

TEHRAN: Iran's currency traded at a fresh record-low of 119,000 to the dollar on Tuesday, a loss of nearly two-thirds of

Published 31 Jul, 2018 08:19am

Financial

Sri Lankan rupee ends marginally weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday as importer dollar demand surpassed selling of the gree

Published 24 Jul, 2018 12:56pm

Financial

Sri Lankan rupee firms as exporters, foreign banks sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Monday as exporters and some foreign banks sold the dollar, surpassing imp

Published 23 Jul, 2018 11:44am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Thursday in mild trading as dollar demand from importers were offset

Published 19 Jul, 2018 11:43am

Financial

Sri Lankan rupee ends tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Wednesday to levels close to its record low, pressured by dollar demand

Published 18 Jul, 2018 11:50am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday as dollar demand from importers exceeded greenback selling by

Published 17 Jul, 2018 12:31pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Monday as dollar demand from importers exceeding greenback selling by

Published 16 Jul, 2018 12:06pm

Financial

Sri Lanka rupee closes slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday in dull trade, as importer dollar demand surpasse

Published 12 Jul, 2018 01:59pm

Financial

China's yuan weakens on trade war fears, stocks rebound

SHANGHAI: China's yuan fell against the dollar on Thursday, knocked lower by the worsening Sino-U.S. trade dispute a

Published 12 Jul, 2018 01:51pm

Financial

Sri Lanka rupee closes steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Wednesday in dull trade, as importer dollar demand offset selling of

Published 11 Jul, 2018 02:43pm

Financial

Sri Lanka rupee ends steady after 6 sessions of decline

COLOMBO: The Sri Lankan rupee closed steady on Tuesday after six straight sessions of decline, as importer dollar de

Published 10 Jul, 2018 03:33pm

Financial

Sri Lanka rupee falls for 5th session; more weakness expected

COLOMBO: The Sri Lankan rupee fell for a fifth straight session on Friday on importer dollar demand and dealers said

Published 06 Jul, 2018 02:16pm

Financial

Sri Lankan rupee ends slightly weaker in dull trade

COLOMBO: The Sri Lankan rupee edged lower for a third straight session on Wednesday in dull trade, as importer dolla

Published 04 Jul, 2018 03:25pm

Financial

India's rupee still over-valued by 5-7pc

NEW DELHI: India's rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indic

Published 03 Jul, 2018 11:58am

Financial

Sri Lankan rupee edges lower on thin importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade as thin dollar demand from importers an

Published 02 Jul, 2018 02:06pm

Financial

China's yuan slides to 10-month low vs dollar in offshore market

LONDON: China's yuan fell to its lowest level against the U.S. dollar since mid-August on Monday, as investors becom

Published 02 Jul, 2018 01:53pm

Financial

Sri Lankan rupee eases on dollar demand from banks, importers

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday as dollar demand from importers and banks in late

Published 28 Jun, 2018 01:22pm

Financial

Indian rupee recovers from record lows after RBI intervention

MUMBAI: The Indian rupee recovered from record lows set on Thursday morning aided by dollar selling intervention by

Published 28 Jun, 2018 12:56pm

Financial

China fixes yuan mid-point at lowest in 6 months

SHANGHAI: China's central bank lowered its yuan midpoint for the sixth straight trading day on Wednesday, to the weakest

Published 27 Jun, 2018 10:08pm

Financial

Indian rupee at weakest in over 18 months on high oil prices

MUMBAI: India's rupee slipped to its weakest in more than 18 months on Wednesday, hit by higher oil prices and trade

Published 27 Jun, 2018 11:42am

Financial

Yuan ends onshore trading at over 6-mth low

SHANGHAI: China's yuan closed at an over six-month low in onshore trade on Tuesday due to growing concerns over an e

Published 26 Jun, 2018 12:26pm

Financial

Sri Lankan rupee closes slightly weaker; state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade, while dollar selling by a state bank l

Published 25 Jun, 2018 05:07pm

Financial

Sri Lankan rupee extends recovery as exporters sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Friday, further pulling away from a record-low, as exporters sold the

Published 22 Jun, 2018 01:15pm

Financial

Sri Lankan rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday in dull trade, near a record low hit in the previous session, as i

Published 19 Jun, 2018 04:00pm

Financial

Sri Lankan rupee ends weaker in dull trade

COLOMBO: The Sri Lankan rupee closed slightly lower in thin trade on Wednesday, hovering near an all-time low hit earlie

Published 13 Jun, 2018 01:03pm

Financial

Sri Lankan rupee hits record low; lack of exporter dollar sales weigh

COLOMBO: The Sri Lankan rupee hit a record low on Monday, as importer dollar demand outpaced greenback sales by exporter

Published 11 Jun, 2018 04:36pm

Financial

Sri Lankan rupee hits all-time low, exporters see further decline

COLOMBO: The Sri Lankan rupee hit a fresh record low of 158.90 per dollar on Thursday, as importer dollar demand offset

Published 07 Jun, 2018 04:01pm

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched the lowest level since last week on Wednesday, as importer dollar demand surpassed

Published 06 Jun, 2018 03:37pm

Financial

Indonesia raises 11.7 trillion rupiah in bond auction

JAKARTA: Indonesia raised 11.7 trillion rupiah ($843.12 million) in a bond auction on Tuesday, above its indicative targ

Published 05 Jun, 2018 02:59pm

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Monday after it hit a record low in the previous session, as

Published 04 Jun, 2018 12:48pm

Financial

Sri Lankan rupee falls on importer dollar demand after holidays

COLOMBO: The Sri Lankan rupee fell on Wednesday due to importer dollar demand following a holiday in the United States o

Published 30 May, 2018 01:22pm

Financial

Most Asian currencies gain as dollar pulls back on Fed minutes, tariff threats

SINGAPORE: Most emerging Asian currencies strengthened on Thursday as the dollar weakened following seemingly dovish min

Published 24 May, 2018 01:26pm

Financial

Dollar edges up ahead of Fed minutes; Turkish lira tumbles

SINGAPORE: The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of th

Published 23 May, 2018 02:54pm

Financial

Australian dollar at 1-mth high, kiwi snaps losing streak

SYDNEY/WELLINGTON: The Australian dollar rose to a one-month top on Tuesday, boosted by surging prices for oil and on co

Published 22 May, 2018 03:15pm

Financial

Sri Lankan rupee slips on importer dollar demand; heavy rains weigh

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday with dollar demand from importers surpassing mild selli

Published 22 May, 2018 01:29pm

Financial

Dollar falls from 5-month highs, this week's focus on Fed minutes

SINGAPORE: The dollar traded below a five-month high against a basket of currencies on Tuesday, catching its breath afte

Published 22 May, 2018 10:41am

Financial

Yuan ends onshore trading session at 4-mth low on broad dollar strength

SHANGHAI: China's yuan fell to a nearly four-month low against the US dollar at the official close of domestic trading o

Published 21 May, 2018 03:01pm

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker in dull trade on Monday due to dollar demand from importers, while s

Published 21 May, 2018 12:27pm

Financial

Dollar inches higher, supported by US bond yields

SINGAPORE: The dollar inched higher against a basket of currencies on Tuesday, having pulled up from its lowest leve

Published 15 May, 2018 01:31am

Financial

Sri Lankan rupee ends tad firmer; remains under pressure to depreciate

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday after the central bank sold dollars to support the domesti

Published 11 May, 2018 03:13pm

Financial

Australia, NZ dollars flattened by US steamroller, budget overlooked

SYDNEY: The Australian dollar hit an 11-month low on Tuesday as a rally in its US counterpart completely overshadowed an

Published 08 May, 2018 02:36pm

Financial

Indonesian market sell-off deepens, rupiah at lowest since Dec 2015

JAKARTA: Lingering concerns over rising global yields, higher oil prices and slowing growth at home drove the Indonesian

Published 08 May, 2018 02:20pm

Financial

Sri Lankan rupee little changed; central bank sells dollars to select banks

COLOMBO: The Sri Lankan rupee closed little changed on Tuesday with the central bank selling dollars at 157.65 to 157.45

Published 08 May, 2018 01:05pm

Financial

Yuan falls as Sino-US trade talks offer little cheer, set for 3rd weekly loss

SHANGHAI: China's yuan reversed earlier gains and ended lower against the US dollar at the domestic close on Friday, aft

Published 04 May, 2018 01:25pm

Financial

China signs 15bn yuan currency swap agreement with Nigeria

BEIJING: China's central bank said on Thursday it has signed a three-year bilateral currency swap agreement with Nigeria

Published 03 May, 2018 03:19pm

Financial

Sri Lankan rupee holds steady near record low

COLOMBO: The Sri Lankan rupee ended steady on Thursday, holding near the record low hit in the previous session, as impo

Published 03 May, 2018 02:20pm

Financial

Dollar near 4-month highs, recovers from post-Fed dip

SINGAPORE: The dollar traded near a four-month high against a basket of currencies on Thursday, having recovered fro

Published 03 May, 2018 01:31am

Financial

Dollar holds gains as Fed looms, Asia markets mostly drop

HONG KONG: The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcemen

Published 02 May, 2018 02:03pm

Financial

Sri Lankan rupee hits all-time low; central bank intervenes

COLOMBO: The Sri Lankan rupee hit a fresh low on Wednesday on importer demand for the US currency, dealers said, but rec

Published 02 May, 2018 01:20pm

Financial

Sri Lankan rupee hits all-time closing low

COLOMBO: The Sri Lankan rupee hit a record closing low on Friday, weakening for five out of six sessions, as dollar dema

Published 27 Apr, 2018 06:25pm

Financial

Asia equities mostly down on tech selling but dollar rises

Hong Kong: Further weakness in the technology sector dragged on Asian equities Thursday while the dollar extended recent

Published 26 Apr, 2018 09:32am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit an all-time low on Tuesday, as dollar demand from importers outpaced selling of the US

Published 24 Apr, 2018 01:46pm

Financial

China's forex regulator widens quotas of two outbound investment schemes

BEIJING: China's forex regulator said on Tuesday it widened the quotas of two outbound investment schemes in Shanghai an

Published 24 Apr, 2018 01:42pm

Financial

Dollar rises in Asia with Treasury yields, Japan exporters rally

Hong Kong: The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields f

Published 24 Apr, 2018 11:31am

Financial

Sri Lankan rupee slips to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee slipped to an all-time low on Monday, with dollar demand from importers outpacing limited

Published 23 Apr, 2018 01:44pm

Financial

Asia FX slip as mood dims on sell-off in techs, S. Korean won leads losses

SINGAPORE: Emerging Asian currencies slipped on Friday as a downturn in equity markets, largely driven by a sell-off in

Published 20 Apr, 2018 01:48pm

Financial

Sri Lankan rupee ends down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker in a holiday-shortened trading session on Friday, weighed down by mild impor

Published 20 Apr, 2018 12:05pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended higher on Thursday, a day after the local currency hit a record low, as greenback sa

Published 19 Apr, 2018 02:14pm

Financial

Sri Lankan rupee edges up after hitting record low

COLOMBO: The Sri Lankan rupee inched up after touching a record low on Wednesday, with dollar demand from importers offs

Published 18 Apr, 2018 04:04pm

Financial

South African rand slightly stronger on hopes Syria attack a one-off

JOHANNESBURG: South Africa's rand was slightly stronger early on Monday as global investors hoped that US-led strikes on

Published 16 Apr, 2018 02:42pm

Financial

China's yuan eases slightly, focus shifts to Q1 GDP

SHANGHAI: The Chinese yuan eased slightly against the dollar on Monday, as the market assessed the impact of military st

Published 16 Apr, 2018 02:17pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Thursday on importer dollar demand in light trading ahead of a long weekend

Published 12 Apr, 2018 03:25pm

Financial

Sri Lankan rupee ends weaker on importer dlr demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Monday on dollar demand for oil and vehicle imports, but the lo

Published 09 Apr, 2018 03:58pm

Financial

Yuan eases on report China studying depreciation as tool in US trade row

SHANGHAI: The yuan gave up early gains and weakened against the US dollar on Monday after Bloomberg News reported China

Published 09 Apr, 2018 11:45am

Financial

Iran's rial hits new record-low on Trump fears

TEHRAN: Iran's currency fell more than six percent against the dollar on Sunday, hitting another record-low, as fears of

Published 08 Apr, 2018 02:52pm

Financial

Most Asian currencies falter as new US tariff threats heighten risk aversion

SINGAPORE: Most Asian currencies were weaker on Friday as US President Donald Trump's latest salvo in his trade standoff

Published 06 Apr, 2018 02:45pm

Financial

Australian, NZ dollars seen resilient despite trade war fears

SYDNEY: The Australian and New Zealand dollars are likely to stay resilient this year, a Reuters poll showed, even as fe

Published 06 Apr, 2018 02:41pm

Financial

Dollar slips versus yen amid fresh US trade threats

SINGAPORE: The dollar faltered on Friday after US President Donald Trump threatened $100 billion in additional tariffs o

Published 06 Apr, 2018 01:05pm

Financial

Dollar inches up vs yen on hopes trade war can be averted, US job data awaited

TOKYO: The dollar inched up against the yen on Thursday as stocks bounced back from a sell-off triggered by an escalatin

Published 05 Apr, 2018 01:44pm

Financial

Most Asian currencies firm slightly as trade war fears recede

SINGAPORE: Most emerging Asian currencies inched up slightly on Thursday on hopes that a full-blown trade war between th

Published 05 Apr, 2018 01:37pm

Financial

Australia, NZ dollars ease on well-bid greenback

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged lower on Thursday as the greenback was generally well-bi

Published 05 Apr, 2018 01:30pm

Financial

Sri Lankan rupee slips after 5-session winning run

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday, snapping a five-session winning streak, as a bank bought dollars

Published 03 Apr, 2018 01:11pm

Financial

Dollar steady vs yen, traders wary over global trade tensions

SINGAPORE: The dollar held steady against the yen on Monday, taking a breather after last week's rally and as it treads

Published 02 Apr, 2018 12:24pm

Financial

Most emerging Asian currencies slip on a steady dollar

SINGAPORE: Most emerging Asian currencies inched lower on Monday against a dollar that held steady with traders cautious

Published 02 Apr, 2018 12:12pm

Financial

China's yuan eases on corporate dollar demand, despite firmer fixing

SHANGHAI: China's yuan on Monday eased further from its August 2015 high against the US dollar struck last week, dampene

Published 02 Apr, 2018 12:10pm

Financial

China's yuan to post biggest quarterly rise against dollar in a decade

SHANGHAI: China's yuan firmed against the dollar on Friday and is set to post its biggest quarterly gain in a decade, as

Published 30 Mar, 2018 11:54am

Financial

Dollar holds steady after rally, catches breath ahead of new quarter

TOKYO: The dollar held steady against its peers on Friday as the recovery seen earlier this week petered out ahead of th

Published 30 Mar, 2018 11:20am

Financial

Asian FX rally pauses as quarter-end flows support dollar, easing tensions help won

SINGAPORE: Asian currencies were mostly restrained on Thursday as quarter-end flows supported the greenback and parts of

Published 29 Mar, 2018 01:50pm

Financial

Yuan holds gains, capped by bargain hunting for cheaper dollars

SHANGHAI: China's yuan held gains against the US dollar at the domestic close on Tuesday, following a roller-coaster run

Published 27 Mar, 2018 02:29pm

Financial

Sri Lankan rupee firms on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly stronger on Tuesday as exporter dollar sales and inward remittances surpas

Published 27 Mar, 2018 12:07pm

Financial

Sri Lankan rupee closes firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer in dull trade on Monday as exporter dollar sales and inward remitta

Published 26 Mar, 2018 12:46pm

Financial

EM ASIA FX-Asian currencies firm after US exempts S. Korea from steel tariffs

SINGAPORE: Most emerging Asian currencies edged higher on Monday as trade tensions faded slightly after South Korea was

Published 26 Mar, 2018 12:22pm

Financial

China's yuan eases as companies lift their stocks of dollars

SHANGHAI: China's yuan eased against the US dollar on Monday as companies stocked up on the greenback, which was weakene

Published 26 Mar, 2018 11:39am

Financial

Australia, NZ dlrs bounce off lows as traders cling to positive trade news

SYDNEY: The Australian and New Zealand dollars bounced on Monday as investors saw some light at the end of the tunnel af

Published 26 Mar, 2018 11:29am

Financial

Dollar hits 16-mth lows vs yen as trade, political woes take their toll

TOKYO: The dollar slipped to a 16-month low against the Japanese yen on Monday, pressured by lingering fears of a global

Published 26 Mar, 2018 11:07am

Financial

Sri Lankan rupee closes steady as remittances offset dollar demand

COLOMBO: The Sri Lankan rupee closed steady on Friday as exporter dollar sales and inward remittances offset demand for

Published 23 Mar, 2018 12:27pm

Financial

China's yuan inches up, market awaits Fed decision, watching PBOC moves

SHANGHAI: China's yuan inched up marginally against the US dollar on Wednesday, with market participants largely sidelin

Published 21 Mar, 2018 11:04am

Financial

EM ASIA FX-Asian currencies subdued against stronger dollar; yuan edges up

SINGAPORE: Asian currencies moved in a tight range against a firmer dollar on Wednesday ahead of a slew of economic indi

Published 21 Mar, 2018 11:00am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched an all-time low on Monday on dollar demand from importers, but selling of the US g

Published 19 Mar, 2018 03:10pm

Financial

China's yuan eases, market unfazed by new PBOC governor appointment

SHANGHAI: China's yuan inched lower against the US dollar in thin trade on Monday, reacting to some slight strength in t

Published 19 Mar, 2018 12:26pm

Financial

EM ASIA FX-Asia currencies subdued ahead of Fed meet; Taiwan dollar edges up

SINGAPORE: Most Asian currencies softened versus the dollar on Monday, marking a slow start to a potentially tense week

Published 19 Mar, 2018 12:21pm

Financial

Dollar firmer as market eyes Fed meeting; yen edges higher

TOKYO/SINGAPORE: The dollar inched higher against a basket of major peers on Monday as traders braced for new Federal Re

Published 19 Mar, 2018 12:06pm

Financial

Sri Lankan rupee hits new low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit an all-time low for a second straight session on Friday due to importer dollar demand,

Published 16 Mar, 2018 11:58am

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a new low of 156.10 per dollar on Wednesday as importer dollar demand outweighed mild

Published 15 Mar, 2018 01:28pm

Financial

Australian dollar at 2-week top after solid data, kiwi firm

SYDNEY/WELLINGTON: The Australian dollar climbed to a two-week high on Tuesday on greater optimism about the country's e

Published 13 Mar, 2018 11:24am

Financial

Yen clings to gains as scandal clouds Abe's outlook

TOKYO/SINGAPORE: The yen held firm against the dollar on Tuesday as a political scandal engulfing Japanese Prime Ministe

Published 13 Mar, 2018 11:08am

Financial

Yuan edges up on firmer fixing, US inflation data awaited

SHANGHAI: China's yuan edged up against the US dollar on Tuesday after the central bank set a much stronger midpoint, bu

Published 13 Mar, 2018 10:52am

Financial

EM ASIA FX-Asian currencies subdued on caution ahead of US inflation data

SINGAPORE: Most Asian currencies traded in a tight range ahead of crucial inflation data from the United States due late

Published 13 Mar, 2018 10:46am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee slipped on Monday as importer dollar buying surpassed mild selling of the greenback by exp

Published 12 Mar, 2018 02:28pm

Financial

Chinese yuan ready for greater global role

ISLAMABAD: As China plans to further open up its market and promote free global trade and investment, the yuan is expect

Published 12 Mar, 2018 11:35am

Financial

Sri Lankan rupee ends weaker on importer dlr demand; communal violence weighs

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday as importer dollar demand outpaced greenback selling by

Published 06 Mar, 2018 01:34pm

Financial

China's yuan inches up, gains capped by dollar demand

SHANGHAI: China's yuan edged up against the US dollar on Tuesday, supported by a slightly firmer official midpoint, but

Published 06 Mar, 2018 12:53pm

Financial

Sterling climbs on transition deal hopes

LONDON: Sterling hit a five-day high against the dollar on Monday and also climbed against the euro, after Bloomberg

Published 05 Mar, 2018 10:51pm

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as dollar demand from importers and banks outpaced inward remittanc

Published 02 Mar, 2018 12:58pm

Financial

EM ASIA FX-Most emerging Asian currencies edge up as dollar slips

SINGAPORE: Most emerging currencies edged higher on Friday as the dollar pulled sharply back from six-week highs after U

Published 02 Mar, 2018 12:12pm

Financial

Dollar falls vs yen, JGBs slip after BOJ's Kuroda comments on policy exit

TOKYO: The dollar fell against the yen and Japanese government bond prices slipped on Friday on comments from Bank of Ja

Published 02 Mar, 2018 12:03pm

Financial

Indonesian rupiah is undervalued, 13,200-13,300 more suitable level

JAKARTA: An Indonesian central bank official on Friday said the level of 13,200 - 13,300 would be a more "suitable" leve

Published 02 Mar, 2018 11:42am

Financial

Yen stands tall as trade war concerns grip markets

LONDON: The Japanese yen jumped half a percent against the dollar and is set to score significant gains against the euro

Published 02 Mar, 2018 11:17am

Financial

Indonesia 'enters' forex market to support the rupiah

JAKARTA: Bank Indonesia "entered" the foreign-exchange market on Thursday, when the rupiah hit its lowest level in two y

Published 01 Mar, 2018 10:10am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as dollar demand by importers and banks outpaced selling of the

Published 28 Feb, 2018 11:36am

Financial

Sri Lankan rupee ends steady; dollar conversions by exporters offset importer demand

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as dollar selling by exporters and banks offset importer demand fo

Published 27 Feb, 2018 02:13pm

Financial

EM ASIA FX-Most Asian currencies weaken as rising yields boost dollar

SINGAPORE: Most Asian currencies edged lower on Wednesday as the dollar was bolstered by rising US Treasury yields and o

Published 21 Feb, 2018 01:08pm

Financial

Indonesia sells 8.475tn rupiah of Islamic bonds, above target

JAKARTA: Indonesia's finance ministry sold 8.475 trillion rupiah ($622.93 million) of Islamic bonds at an auction on Tue

Published 20 Feb, 2018 01:38pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Monday on importer dollar demand, while political uncertainty continued to w

Published 19 Feb, 2018 03:30pm

Financial

Sri Lankan rupee recovers as political uncertainty shows signs of easing

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, a day after hitting a record low, as exporters and banks sold do

Published 15 Feb, 2018 01:46pm

Financial

Sri Lankan rupee hits record low on foreign bond sales after poll results

COLOMBO: The Sri Lankan rupee ended down on Monday after hitting a record low during the day as foreign investors sold g

Published 12 Feb, 2018 03:17pm

Financial

Yen firmer but below 5-month peak vs dollar; eyes on global equities

SINGAPORE: The yen edged higher versus the dollar on Monday, but traded below a five-month high as a bounce in US equiti

Published 12 Feb, 2018 06:12am

Financial

Australia, NZ dollars pop up, investors nervous as US inflation data looms

SYDNEY/WELLINGTON: The Australian and New Zealand dollars popped higher on Monday as a rebound in equity markets restore

Published 12 Feb, 2018 05:56am

Financial

China's yuan eases, dollar demand up ahead of holiday

SHANGHAI: China's yuan inched lower against the US dollar on Monday due to rising seasonal demand for the greenback and

Published 12 Feb, 2018 05:28am

Financial

Sri Lankan rupee firms on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer for a third straight session on Friday, pulling further away from a record cl

Published 09 Feb, 2018 02:14pm

Financial

Australian, NZ dollar seen defying volatility in the year ahead

SYDNEY: Analysts have lifted their forecasts for the Australian and New Zealand dollars, although the antipodean currenc

Published 09 Feb, 2018 01:38pm

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer for a second straight session on Thursday, further recovering from a record c

Published 08 Feb, 2018 02:05pm

Financial

Sri Lankan rupee firms in dull trade

COLOMBO: The Sri Lankan rupee slightly firmed on Wednesday from a record low close as some exporters sold dollars, deale

Published 07 Feb, 2018 01:24pm

Financial

China Jan FX reserves rise for 12th month to $3.161 trln

BEIJING: China's foreign exchange reserves rose for a 12th straight month in January as further gains in the yuan curren

Published 07 Feb, 2018 12:28pm

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low for a third successive session on Tuesday hurt by dollar demand from bank

Published 06 Feb, 2018 12:47pm

Financial

China's yuan steady even as emerging market currencies lose steam

SHANGHAI: China's yuan held steady against the US dollar on Tuesday, supported by corporate dollar sales as emerging cu

Published 06 Feb, 2018 05:44am

Financial

Sri Lankan rupee hits record low for second day on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low for a second day running on Friday due to dollar demand from banks and im

Published 02 Feb, 2018 02:09pm

Financial

China's yuan hits its highest since 2015 devaluation, set for 8th winning week

SHANGHAI: China's yuan strengthened to a fresh 2-1/2-year high against the US dollar on Friday thanks to extended weakn

Published 02 Feb, 2018 06:24am

Financial

Sri Lankan rupee closes weaker as banks, importers buy dollar

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as demand for dollars from banks and importers surpassed selling o

Published 30 Jan, 2018 01:27pm

Financial

Sri Lankan rupee closes marginally weaker as banks, importers buy dollars

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday in dull trade as banks and importers bought dollars, deale

Published 29 Jan, 2018 01:10pm

Financial

Yuan edges up on strong midpoint fixing, set for best month since 1994

SHANGHAI: China's yuan edged up slightly against the US dollar on Monday, following a much stronger midpoint fixing by

Published 29 Jan, 2018 06:50am

Financial

China's yuan inches up after Trump comments, set for best week since Sept 2017

SHANGHAI: China's yuan advanced further against the dollar on Friday, but at a much slower pace as the greenback made a

Published 26 Jan, 2018 06:00am

Financial

Sri Lankan rupee firmer on bank, exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, further moving away from a record low hit earlier this week, as

Published 25 Jan, 2018 04:25pm

Financial

Yuan rises to highest since Nov 2015 after Mnuchin's remarks

SHANGHAI: China's yuan extended its rally against the US dollar on Thursday to its strongest since November 2015, under

Published 25 Jan, 2018 05:32am

Financial

Sri Lankan rupee recovers from record low on bank, exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday, recovering from a record low hit in the previous session, as ba

Published 24 Jan, 2018 05:23pm

Financial

Sri Lanka rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low on Tuesday as banks and importers bought dollars, before recovering to cl

Published 23 Jan, 2018 03:06pm

Financial

Sri Lanka rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday as dollar demand from importers and banks surpassed mild

Published 22 Jan, 2018 02:58pm

Financial

Euro takes breather below 3-year high; dollar gets respite

SINGAPORE: The euro nursed losses on Thursday, having retreated from a three-year high after comments from European Cent

Published 18 Jan, 2018 07:42am

Financial

China's yuan slips, midpoint eases after five days of gains

SHANGHAI: China's yuan eased against the dollar on Thursday, after the central bank set lower guidance for the first

Published 18 Jan, 2018 05:14am

Financial

Euro takes breather below 3-year high after ECB officials' remarks

SINGAPORE: The euro nursed losses on Thursday, having pulled back from a three-year high as concerns voiced by Europ

Published 18 Jan, 2018 05:11am

Financial

Sri Lanka rupee edges up on exporter dollar sales in late trade

COLOMBO: The Sri Lankan rupee closed slightly firmer on Wednesday as exporters sold dollars in late trade, outweighing e

Published 17 Jan, 2018 01:50pm

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday as dollar demand from importers and banks surpassed gree

Published 16 Jan, 2018 01:37pm

Financial

China's yuan ends onshore trade at highest in over 2 years

SHANGHAI: China's yuan, which has climbed against the US dollar over the past four days, advanced to its highest level i

Published 16 Jan, 2018 12:34pm

Financial

Dollar slips to lowest vs yen since mid-September

TOKYO: The dollar slipped to its lowest levels since mid-September against the yen on Monday, following comments from Ja

Published 15 Jan, 2018 04:52pm

Financial

Yuan climbs to two-year high against weakened dollar

BEIJING: The Chinese currency rose on Monday to its strongest level in more than two years against the US dollar, after

Published 15 Jan, 2018 02:39pm

Financial

China's yuan ends onshore trade at highest in more than 2 years

SHANGHAI: China's yuan leapt to its strongest in more than two years against the dollar at the official local close on M

Published 15 Jan, 2018 01:54pm

Financial

Dollar index wallows at 3-year lows, euro buoyed by ECB taper hopes

TOKYO: The dollar languished at three-year lows against a basket of currencies on Monday, while the euro stood tall

Published 15 Jan, 2018 06:07am

Financial

China's yuan jumps to over 2-yr high in the wake of dollar weakness

SHANGHAI: China's yuan leapt to its highest level in more than two years against the US dollar on Monday, supported

Published 15 Jan, 2018 06:05am

Financial

South Korea govt sends bitcoin on rollercoaster ride

SEOUL: Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the governme

Published 11 Jan, 2018 02:32pm

Financial

Dollar up vs yen as concerns ease over China US bond stance

SINGAPORE: The dollar edged higher against the yen on Thursday after comments by China's foreign exchange regulator ease

Published 11 Jan, 2018 06:06am

Financial

China sets yuan midpoint to 2 week low after loosening up on fixing mechanism

SHANGHAI: China's central bank lowered its official yuan midpoint to the weakest level in nearly two weeks to 6.5207 per

Published 10 Jan, 2018 08:11pm

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Wednesday in dull trade, as dollar conversions by exporters su

Published 10 Jan, 2018 07:09pm

Financial

China's yuan eases as central bank loosens reins on midpoint fixing

SHANGHAI: China's yuan weakened to its lowest in nearly two weeks against the US dollar on Wednesday, following chan

Published 10 Jan, 2018 05:49am

Financial

Dollar extends losses vs yen after BOJ tapering talk

TOKYO: The dollar extended losses against the yen on Wednesday after the Bank of Japan's move to trim Japanese gover

Published 10 Jan, 2018 05:36am

Financial

Sri Lankan rupee edges up on late exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Tuesday, offseting early losses as late dollar conversions by

Published 09 Jan, 2018 07:47pm

Financial

Yen jumps after BOJ operation, euro rally loses steam

TOKYO: The yen jumped on Tuesday after the Bank of Japan trimmed its buying of long-dated Japanese government bonds

Published 09 Jan, 2018 05:17am

Financial

Euro rally loses steam, dollar firms slightly vs yen

TOKYO: The euro languished on Tuesday after slipping from last week's high as investors were cautious after a months

Published 09 Jan, 2018 05:14am

Financial

Dollar edges up from 3-1/2-month lows; euro pauses after rally

SINGAPORE: The dollar inched higher against a basket of major peers on Monday as data showing slower U.S. jobs growt

Published 08 Jan, 2018 06:23am

Financial

China's yuan gains for 4th week on economic data, higher rates

SHANGHAI: The Chinese currency, the yuan, was firmer against the US dollar on Friday, capping its fourth consecutive wee

Published 05 Jan, 2018 03:39pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Friday due to dollar conversions by exporters, but demand for th

Published 05 Jan, 2018 02:49pm

Financial

Australia dollar weathers trade blow, NZ$ holds firm

SYDNEY: The Australian and New Zealand dollars held near multi-week highs on Friday as optimism on global growth sup

Published 05 Jan, 2018 05:49am

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Thursday, as conversion of the US currency by exporters surpasse

Published 04 Jan, 2018 07:03pm

Financial

China's yuan eases on weaker midpoint, dollar bounce

SHANGHAI: China's yuan eased against the US dollar on Thursday, after the central bank lowered its official midpoint

Published 04 Jan, 2018 06:49am

Financial

Dollar edges up, upbeat US data offsets turn of the year weakness

TOKYO: The dollar edged up on Thursday after upbeat US data and supportive minutes from the Federal Reserve's latest

Published 04 Jan, 2018 05:13am

Financial

China's yuan weakens after strong official fixing

SHANGHAI: China's yuan eased against the US dollar on Wednesday after the central bank set the daily midpoint at its

Published 03 Jan, 2018 06:00am

Financial

Euro takes breather after rally; dollar holds steady

SINGAPORE: The euro eased on Wednesday to take a breather from a rally prompted by optimism over the euro zone's eco

Published 03 Jan, 2018 05:54am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee closed lower on Tuesday, as demand for dollars from importers and banks taking positions o

Published 02 Jan, 2018 03:53pm

Financial

Dollar on defensive at start of 2018; Asian currencies shine

SINGAPORE: The dollar languished near a three-month low versus a basket of major currencies on Tuesday as markets re

Published 02 Jan, 2018 05:51am

Financial

China's yuan extends rally to near 4-month high on dollar weakness

SHANGHAI: China's yuan rose to its firmest against the US dollar in nearly four months in thin trade on Tuesday, bre

Published 02 Jan, 2018 05:13am

Financial

Bangladesh forex reserves rise to $33.2bn by Dec-end

DHAKA: Bangladesh's foreign exchange reserves rose to $33.23 billion by the end of December, $630 million more than the

Published 01 Jan, 2018 07:01pm

Financial

Bitcoin falls on S.Korea curbs on digital currency trade

SEOUL: Bitcoin fell more than 11 percent after South Korea said on Thursday it would ban anonymous trading of virtua

Published 28 Dec, 2017 07:43am

Financial

China's yuan rises on dollar weakness, on track for best year since 2008

SHANGHAI: China's yuan firmed against the US dollar on Thursday, underpinned by a stronger official midpoint and bro

Published 28 Dec, 2017 06:29am

Financial

Dollar slips to 3-1/2 week lows; commodity currencies stand tall

SINGAPORE: The dollar was on the defensive on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while

Published 28 Dec, 2017 06:03am

Financial

China's yuan weakens on light trade, dragged by corporate dollar demand

SHANGHAI: China's yuan weakened against the US dollar in light trading on Wednesday, dragged lower by a softer fixin

Published 27 Dec, 2017 07:05am

Financial

Dollar steady in light trade, yen little changed after Japan economic data

TOKYO: The dollar held steady in Tuesday's holiday-thinned trade, shrugging off upbeat Japanese economic data as mar

Published 26 Dec, 2017 06:28am

Financial

China's yuan retreats from 3-1/2-month high on rising corporate dollar demand

SHANGHAI: China's yuan pulled back from 3-1/2-month highs against the dollar on Tuesday morning, as an initial boost

Published 26 Dec, 2017 05:01am

Financial

Dollar steady but its funding costs soar ahead of year-end

TOKYO: The dollar was little changed against other major currencies on Monday in holiday-thinned trading while the

Published 25 Dec, 2017 06:05am

Financial

Yuan firms after midpoint fixed at more than 3-month high, trading light

SHANGHAI: China's yuan firmed against the US dollar in light trading on Monday after the central bank set its offici

Published 25 Dec, 2017 06:04am

Financial

Bitcoin suffers fresh plunge, losing a third since start of week

TOKYO: Bitcoin prices suffered a dramatic plunge on Friday, dropping 20 percent at one point towards the $13,000-mar

Updated 22 Dec, 2017 10:01am

Financial

Euro slips after Catalan vote results tip separatist victory

TOKYO: The euro slipped on Friday after Catalonian election results indicated a victory for separatists, in a blow to Ma

Published 22 Dec, 2017 12:51am

Financial

Dollar steady near 1-week high vs yen; BOJ stands pat

SINGAPORE: The dollar traded near a one-week high against the yen on Thursday, supported by a rise in U.S. bond yiel

Updated 21 Dec, 2017 07:55am

Financial

China's yuan extends rally to 3-month high on dollar selling and firmer fixing

SHANGHAI: China's yuan extended its gains against the US dollar on Thursday and surged to its strongest level in mor

Published 21 Dec, 2017 06:15am

Financial

Sri Lankan rupee ends firmer on inward remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee closed firmer on Wednesday, as exporter dollar sales and inward remittances exceeded deman

Published 20 Dec, 2017 09:28pm

Financial

Dollar firm on tax cut hopes, euro underpinned by rise in yields

TOKYO/SINGAPORE: The dollar was supported on Wednesday by expectations of a US tax overhaul while a sharp rise in Ge

Published 20 Dec, 2017 05:55am

Financial

China's yuan up at highest level in 3 wks on stronger fixing, seasonal flows

SHANGHAI: China's yuan rose to its strongest level in three weeks against the dollar on Wednesday, supported by a fi

Published 20 Dec, 2017 05:50am

Financial

Dollar firm on tax cut hopes, euro gains on spike in bond yields

TOKYO: The dollar was supported on Wednesday by expectations of a US tax overhaul while a sharp rise in German bond yiel

Published 20 Dec, 2017 01:14am

Financial

South Korea cryptocurrency exchange shuts down after hacking

SEOUL: A South Korean exchange trading bitcoin and other virtual currencies declared itself bankrupt on Tuesday afte

Published 19 Dec, 2017 12:46pm

Financial

Singapore issues cryptocurrency warning

SINGAPORE: Singapore Tuesday issued a warning about cryptocurrencies after a recent surge in prices sent investors f

Published 19 Dec, 2017 12:23pm

Financial

Dollar steady as investors monitor tax bill's progress

TOKYO: The dollar remained mired in its recent ranges on Tuesday, as optimism that the U.S. tax reform bill would pa

Published 19 Dec, 2017 05:31am

Financial

Yuan edges up on firmer fixing and steady dollar

SHANGHAI: China's yuan inched up against the US dollar in thin trade on Tuesday, supported by a stronger fixing and

Published 19 Dec, 2017 05:18am

Financial

Dollar steady as investors monitor tax bill's progress

TOKYO: The dollar remained mired in its recent ranges on Tuesday, as optimism that the US tax reform bill would pass due

Published 19 Dec, 2017 12:45am

Financial

China sets yuan midpoint at highest in 2 weeks

SHANGHAI: China's central bank set its official yuan midpoint at the highest level in over two weeks at 6.6033 per dolla

Published 14 Dec, 2017 08:02pm

Financial

China's yuan hits 2-week high on weaker dollar after Fed rate hike

SHANGHAI: China's yuan rose to its strongest level against the US dollar in two weeks on Thursday after a widely ant

Published 14 Dec, 2017 06:25am

Financial

Dollar on defensive after Fed leaves rate outlook unchanged

SINGAPORE: The dollar remained on the defensive on Thursday, having tumbled after the Federal Reserve raised interes

Published 14 Dec, 2017 05:30am

Financial

China's yuan firms as traders pare dollar positions ahead of Fed

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday as domestic market participants trimmed green

Published 13 Dec, 2017 06:33am

Financial

Dollar dips from 4-week high after Alabama election upset

TOKYO: The dollar slipped from a four-week high against a basket of currencies on Wednesday after a Democrat won a b

Published 13 Dec, 2017 06:24am

Financial

NZ dollar near 2-week highs on appointment of ‘known entity’ Orr to head central bank

WELLINGTON: The New Zealand dollar hovered near two-week highs on Tuesday as investors welcomed the appointment of pens

Published 12 Dec, 2017 02:13am

Financial

Sri Lankan rupee ends firmer on remittances

COLOMBO: The Sri Lankan rupee closed firmer on Monday helped by year-end remittances and selling of the US currency by e

Published 11 Dec, 2017 10:25pm

Financial

China's yuan inches up, Fed's policy meeting in focus

SHANGHAI: China's yuan edged up against the dollar on Monday, reflecting a firmer midpoint in cautious trading as in

Published 11 Dec, 2017 05:46am

Financial

Dollar edges up ahead of Fed; Bitcoin futures seize the spotlight

TOKYO: The dollar was steady in early Asian trade on Monday, underpinned by expectations of higher U.S. interest rat

Published 11 Dec, 2017 05:05am

Financial

Bitcoin plunges 15pc in wild trading

SINGAPORE: Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster

Published 08 Dec, 2017 09:01am

Financial

Dollar edges up, shakes off weakness vs yen, Bitcoin tops $14,000

TOKYO: The dollar edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported by si

Published 07 Dec, 2017 06:42am

Financial

China's yuan nudges higher against weaker dollar

SHANGHAI: China's yuan edged up against a weaker US dollar in thin trade on Wednesday, while volatility in the Chine

Published 06 Dec, 2017 05:45am

Financial

Dollar inches lower as US tax bill, budget progress eyed

TOKYO: The dollar edged down on Wednesday, as concerns about a possible U.S. government shutdown offset optimism abo

Published 06 Dec, 2017 05:05am

Financial

Sri Lankan rupee ends firmer on remittances

COLOMBO: The Sri Lankan rupee closed stronger on Tuesday led by selling of the dollar by exporters and year-end inflows

Published 05 Dec, 2017 07:47pm

Financial

China's yuan edges up as market monitors new trading system

SHANGHAI: China's yuan inched up against the US dollar in thin trade on Tuesday, with the market shrugging off a wea

Published 05 Dec, 2017 06:46am

Financial

Dollar stalls as next step in US tax reform awaited, Antipodeans advance

TOKYO: The dollar dipped on Tuesday, as investors waited to see how the next step of the U.S. tax reform legislation

Published 05 Dec, 2017 06:26am

Financial

Sri Lankan rupee ends steady as dollar remittances offset demand

COLOMBO: The Sri Lankan rupee closed steady on Monday as dollar inflows through inward remittances and exporter greenbac

Published 04 Dec, 2017 07:40pm

Financial

China's yuan inches up, shrugs off dollar strength

SHANGHAI: China's yuan inched up slightly against the US dollar in thin trade on Monday, as the market shrugged off

Published 04 Dec, 2017 07:08am

Financial

Dollar rises as US Senate passes tax bill, pound awaits May-Juncker meeting

TOKYO: The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, lifted after the U.S. Se

Published 04 Dec, 2017 05:19am

Financial

Dollar on track for monthly loss, Brexit deal hopes lift sterling

TOKYO: The dollar was higher in Asian trading on Thursday after upbeat US economic growth data, but was on track for

Published 30 Nov, 2017 05:26am

Financial

Yuan firms on corporate dollar sales, set for 2nd month of gains

SHANGHAI: China's yuan strengthened against the US dollar on Thursday, supported by corporate dollar selling, with t

Published 30 Nov, 2017 05:14am

Financial

Dollar steady vs yen, N.Korea missile launch taken in stride

TOKYO: The dollar steadied against the yen on Wednesday, supported by strong US economic data while North Korea's la

Published 29 Nov, 2017 07:42am

Financial

Yuan eases on lower fix and higher corporate appetite for dollars

SHANGHAI: China's yuan eased against the US dollar on Tuesday, after a lower setting for the official midpoint and s

Published 28 Nov, 2017 08:19am

Financial

Dollar steady above 2-month low vs yen, US tax plan in focus

SINGAPORE: The dollar held steady versus the yen on Tuesday and held above a two-month low, with the near-term focus

Published 28 Nov, 2017 06:11am

Financial

Sri Lankan rupee ends firmer on inward remittances

COLOMBO: The Sri Lankan rupee closed marginally higher on Monday, as dollar inflows from inward remittances outpaced dem

Published 27 Nov, 2017 06:04pm

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Thursday, as dollar conversions by exporters outpaced importer

Published 23 Nov, 2017 09:55pm

Financial

Indian rupee swings up, bonds trim losses on market talk of S&P ratings upgrade

MUMBAI: The Indian rupee rose sharply in late trade after moving in a narrow band for most of Thursday following market

Published 23 Nov, 2017 07:26pm

Financial

Dollar nurses losses as Fed policymakers worry about low inflation

SINGAPORE: The dollar touched a two-month low against the yen on Thursday, having tumbled after the minutes of the F

Published 23 Nov, 2017 05:19am

Financial

Yuan leaps to 3-week high in wake of dollar weakness and stronger fix

SHANGHAI: China's yuan jumped to its highest in three weeks against the dollar on Thursday, breaching a key threshol

Published 23 Nov, 2017 05:08am

Financial

Sri Lankan rupee edges up on dollar selling by exporters

COLOMBO: The Sri Lankan rupee closed marginally higher on Wednesday, as dollar conversions by exporters outpaced importe

Published 22 Nov, 2017 08:55pm

Financial

China's yuan firms on offshore liquidity squeeze

SHANGHAI: China's yuan firmed against the US dollar on Wednesday, boosted by tight liquidity in the offshore market

Published 22 Nov, 2017 05:24am

Financial

Palm oil lifted by external markets, but ringgit gain caps rise

KUALA LUMPUR: Malaysian palm oil futures were trading higher in mid-session Wednesday tracking overseas markets, but

Published 22 Nov, 2017 05:21am

Financial

Dollar treads water, capped by sagging long-term US yields

TOKYO: The dollar treaded water against its peers on Wednesday, capped as US Treasury yields failed to rise despite

Published 22 Nov, 2017 04:21am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally lower on Tuesday as importer dollar demand weighed on the local currency

Published 21 Nov, 2017 04:15pm

Financial

China's yuan eases on weaker fix and dollar strength

SHANGHAI: China's yuan eased slightly against the US dollar on Tuesday, following a weaker official midpoint and str

Published 21 Nov, 2017 06:07am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed flat on Monday in dull trade as importer dollar demand was offset by exporter conve

Published 20 Nov, 2017 11:03pm

Financial

Euro slips as German coalition talks fail, heightens uncertainty

SINGAPORE: The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to f

Published 20 Nov, 2017 05:08am

Financial

China's yuan drifts lower despite firmer midpoint

SHANGHAI: China's yuan weakened against the US dollar on Monday, dragged lower by strength in the greenback in overs

Published 20 Nov, 2017 05:07am

Financial

Yuan set for worst day in 2 weeks on corporate dollar demand

SHANGHAI: China's yuan eased on Thursday, on course for its worst day in nearly two weeks due to heavy corporate dem

Published 16 Nov, 2017 05:15am

Financial

Dollar on back foot as tax deal doubts weigh, Aussie looks to jobs data

TOKYO: The dollar was on the defensive on Thursday as doubts on the prospects of U.S. tax reforms offset an uptick i

Published 16 Nov, 2017 05:11am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday on importer dollar demand and foreign bond sales, while expectations of

Published 15 Nov, 2017 09:09pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday due to late importer demand for the US currency as inves

Published 14 Nov, 2017 09:13pm

Financial

China's yuan barely moves as dollar steady in global markets

SHANGHAI: China's yuan barely moved from its morning midpoint fixing in light trading on Tuesday, when the dollar wa

Published 14 Nov, 2017 06:15am

Financial

Sterling steadies before Brexit debate, US yields prop up dollar

TOKYO: Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a ba

Published 14 Nov, 2017 06:13am

Financial

Dollar underpinned by US yields, sterling steadies

TOKYO: The dollar got support from higher U.S. Treasury yields in early Asian trading on Tuesday, while sterling arr

Published 14 Nov, 2017 04:45am

Financial

China's yuan eases on weaker fix and seasonal corporate dollar-buying

SHANGHAI: China's yuan eased against the dollar on Monday, thanks to continuing corporate demand for the greenback a

Published 13 Nov, 2017 05:33am

Financial

Pound retreats as trouble mounts for May, dollar crawls higher

TOKYO: The pound slipped early on Monday as troubles mounted for British Prime Minister May, with a report that 40 C

Published 13 Nov, 2017 05:13am

Financial

Sri Lanka rupee down on importer dlr demand ahead of budget

COLOMBO: The Sri Lankan rupee ended weaker on Thursday due to heavy importer dollar demand and the purchase of US curren

Published 09 Nov, 2017 07:32pm

Financial

Dollar hampered by US tax plan worries; hawkish RBNZ buoys kiwi

SINGAPORE: The US dollar inched higher versus a basket of currencies on Thursday, but its near-term outlook was seen

Published 09 Nov, 2017 04:25am

Financial

Sri Lanka rupee edges up on exporter conversions; market awaits budget

COLOMBO: The Sri Lankan rupee ended a tad firmer in dull trade on Wednesday led by exporter conversions, while most mark

Published 08 Nov, 2017 07:55pm

Financial

Dollar weighed by report of possible delays to US corporate tax cut

TOKYO: The dollar slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a centre

Published 08 Nov, 2017 04:15am

Financial

Sri Lanka rupee edges up on banks' dlr sales; budget in focus

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar sales by foreign banks outpaced strong importer demand f

Published 07 Nov, 2017 02:12pm

Financial

Dollar sags as US yields slip, Aussie takes RBA hold in stride

TOKYO: The dollar sagged on Tuesday, knocked away from an eight-month highs versus the yen down as Treasury yields s

Published 07 Nov, 2017 04:34am

Financial

Sri Lankan rupee edges up on remittances; central bank policy review in focus

COLOMBO: The Sri Lankan rupee ended slightly firmer on Monday as dollar inflows from remittances provided support, but t

Published 06 Nov, 2017 01:30pm

Financial

Dollar rises vs yen, supported by Fed rate hike expectations

SINGAPORE: The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expect

Published 06 Nov, 2017 04:58am

Financial

Sri Lankan rupee edges up on remittances ahead of long weekend

COLOMBO: The Sri Lankan rupee ended slightly firmer on Thursday, snapping a three-session losing streak, as inflows from

Published 02 Nov, 2017 07:21pm

Financial

Yuan climbs past key 6.6/dollar after strong fixing

SHANGHAI: China's yuan jumped to its strongest against the US dollar in more than two weeks on Thursday morning, bre

Published 02 Nov, 2017 06:25am

Financial

Dollar dips ahead of US tax bill, pound prepares for rate decision

TOKYO: The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday

Published 02 Nov, 2017 05:38am

Financial

Sri Lankan rupee edges down for 3rd straight session

COLOMBO: The Sri Lankan rupee ended slightly weaker for a third straight session on Wednesday on importer dollar buying,

Published 01 Nov, 2017 07:10pm

Financial

China's yuan firms on corporate dollar sales, set for winning month

SHANGHAI: China's yuan strengthened against the US dollar, supported by rising corporate dollar sales and a firmer o

Published 31 Oct, 2017 04:46am

Financial

Dollar steadies after hitting 1-week low vs yen; BOJ stands pat

SINGAPORE: The dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news t

Published 31 Oct, 2017 04:39am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade as importer dollar buying outpaced mild exp

Published 30 Oct, 2017 07:08pm

Financial

China's yuan inches up, supported by corporate dollar selling

SHANGHAI: China's yuan inched up against the US dollar on Monday on slightly heavier corporate dollar selling and in

Published 30 Oct, 2017 05:27am

Financial

Dollar edges away from highs, Spain crisis pressures euro

TOKYO: The dollar edged away from last week's three-month highs on Monday, while the euro nursed losses after the Eu

Published 30 Oct, 2017 05:15am

Financial

S.Korean won at 8-week high as strong GDP fuels rake hike talk

SEOUL: The South Korean won rose to an eight-week high on Thursday as traders bet that the central bank will raise inter

Published 26 Oct, 2017 06:03pm

Financial

China's yuan inches up on firmer daily fixing, weaker dollar

SHANGHAI: China's yuan inched higher against the US dollar on Thursday, in line with a strengthening official midpoi

Published 26 Oct, 2017 06:06am

Financial

Euro firms before ECB decision; dollar slips versus yen

SINGAPORE: The euro inched higher on Thursday as investors awaited details of the European Central Bank's plans for

Published 26 Oct, 2017 04:54am

Financial

China's yuan weakens on broad dollar strength, Fed leadership in focus

SHANGHAI: China's yuan weakened against the dollar on Wednesday, in line with a much softer fixing, following a rise

Published 25 Oct, 2017 07:40am

Financial

Dollar clings near 3-month high vs yen, focus on Fed leadership

SINGAPORE: The dollar held near a three-month high versus the yen on Wednesday, underpinned by reports of Republican

Published 25 Oct, 2017 06:01am

Financial

China's yuan strengthens as Fed chief speculation weighs on dollar

SHANGHAI: China's yuan strengthened against the US dollar on Tuesday, shrugging off the central bank's weaker fixing

Published 24 Oct, 2017 05:39am

Financial

Dollar inches lower as attention turns to Fed leadership

TOKYO: The dollar edged down on Tuesday, stepping back from recent highs as market attention turns to who will be th

Published 24 Oct, 2017 05:38am

Financial

Dollar climbs to 3-month high against yen on Abe election win

TOKYO: The dollar touched a three-month high against the yen on Monday, with an emphatic election victory for Japan'

Published 23 Oct, 2017 05:36am

Financial

Dollar rises on hopes for tax reforms; kiwi extends losses

SINGAPORE: The dollar rose broadly on Friday, bolstered by increased optimism about the prospects for US tax reforms

Published 20 Oct, 2017 06:00am

Financial

China's yuan eases on a rising dollar, set for weekly loss

SHANGHAI: China's yuan eased on Friday morning and looked set for a weekly loss, dragged lower by a rise in the doll

Published 20 Oct, 2017 05:54am

Financial

Sri Lankan rupee ends down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Thursday as importer dollar demand surpassed mild selling of the

Published 19 Oct, 2017 07:55pm

Financial

Dollar sets 2-week high vs yen, supported by rise in US yields

SINGAPORE: The dollar hit its highest in about two weeks versus the yen on Thursday, supported by this week's rise i

Published 19 Oct, 2017 05:42am

Financial

Yuan firms as China's congress begins, market ignores weaker fixing

SHANGHAI: China's yuan firmed against the US dollar on Wednesday, with markets awaiting policy initiatives from the

Published 18 Oct, 2017 07:40am

Financial

Dollar holds upper hand as market ponders possible Fed choice

TOKYO: The dollar held an upper hand against other major currencies on Wednesday as investors weigh the possibility

Published 18 Oct, 2017 05:38am

Financial

Dollar edges up as Fed leadership speculation sends up US yields

TOKYO: The dollar edged up against its peers on Tuesday, supported by a rise in Treasury yields following a report t

Published 17 Oct, 2017 07:11am

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee gained for a second straight session on Monday as exporter dollar sales surpassed greenbac

Published 16 Oct, 2017 04:35pm

Financial

China's yuan inches up slightly as investors eye leadership meeting

SHANGHAI: China's yuan inched up marginally against the US dollar on Monday, guided by a slightly stronger central b

Published 16 Oct, 2017 06:17am

Financial

Euro on defensive on political worries, tame inflation dents dollar

TOKYO: The euro was on the defensive early on Monday after Austria's election and on concerns over Catalonia's confr

Published 16 Oct, 2017 05:43am

Financial

Sri Lankan rupee ends slightly firmer on inward remittances

COLOMBO: The Sri Lankan rupee snapped a four-session decline to end slightly firmer on Friday, as dollar inflows due to

Published 13 Oct, 2017 02:09pm

Financial

Sri Lankan rupee ends down on dollar demand from oil importers

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as banks bought dollars on behalf of state-run Ceylon Petroleum

Published 11 Oct, 2017 04:46pm

Financial

China's yuan eases as corporate dollar demand offsets stronger fix

SHANGHAI: China's yuan eased slightly against the US dollar at midday on Wednesday, as corporate demand for the gree

Published 11 Oct, 2017 05:57am

Financial

Dollar wavers on UStax overhaul worries, euro hits 12-day high

TOKYO: The dollar wobbled against its peers on Wednesday, edging further away from a 10-week high scaled recently a

Published 11 Oct, 2017 04:48am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday on importer dollar demand amid low supply of the greenback from ex

Published 10 Oct, 2017 07:33pm

Financial

China's yuan jumps after firmer-than-expected official fix

SHANGHAI: China's onshore and offshore yuan jumped in early trade on Tuesday to their strongest level in more than t

Published 10 Oct, 2017 04:30am

Financial

Dollar treads water vs yen with eyes on N.Korea, euro extends gains

TOKYO: The dollar was little changed against the yen on Tuesday, with the market wary of potential North Korean prov

Published 10 Oct, 2017 04:23am

Financial

China's yuan inches up in thin trade after week-long holiday

SHANGHAI: China's yuan inched up against the US dollar on Monday on the first day of trading after a week-long Natio

Published 09 Oct, 2017 05:43am

Financial

Dollar trades below 12-week high vs yen as North Korea fears weigh

SINGAPORE: The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due

Published 09 Oct, 2017 04:53am

Financial

Dollar inches up on upbeat US data but sagging yields cap gains

TOKYO: The dollar inched up against a basket of its peers on Thursday after data shed more positive light on the US

Published 05 Oct, 2017 04:48am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Wednesday as dollar demand from importers surpassed the sales of the US c

Published 04 Oct, 2017 07:59pm

Financial

Dollar rally fizzles as market speculates over Trump's Fed choice

TOKYO: The dollar stepped back from a 1 1/2-month high against a basket of currencies on Wednesday, as the rally tri

Published 04 Oct, 2017 05:05am

Financial

Dollar hits 1-1/2-month peak on better US economic outlook, Aussie slips

TOKYO: The dollar struck a 1-1/2-month high on Tuesday as Treasury yields rose after a strong reading for US manufac

Published 03 Oct, 2017 04:31am

Financial

Dollar stands tall against euro as investors watch Catalan vote aftermath

TOKYO: The dollar started the month on a high note on Monday, underpinned by higher U.S. yields, while the euro came

Published 02 Oct, 2017 04:55am

Financial

Australia, NZ dollars lose altitude as Treasury yields climb

SYDNEY/WELLINGTON: The Australian and New Zealand dollars inched lower on Monday as the growing risk of a hike in U.

Published 02 Oct, 2017 04:51am

Financial

China's yuan set for first monthly loss since April

SHANGHAI: China's yuan edged up against the US dollar on Friday, recouping earlier losses, but set to post its first mon

Published 30 Sep, 2017 12:01am

Financial

Dollar pushes higher on hopes for US tax reforms

SINGAPORE: The dollar hit a one-month high against a basket of currencies on Thursday, underpinned by hopes that US.

Published 28 Sep, 2017 06:05am

Financial

China's yuan eases to over 1-month low as dollar firms on Trump tax hopes

SHANGHAI: China's yuan on Thursday eased to a more than one-month low against the US dollar, which rallied on hopes

Published 28 Sep, 2017 06:01am

Financial

S.Korea won, stocks slide to multi-week lows on N.Korea risks

SEOUL: The South Korean won skidded to a seven-week low on Thursday and shares fell for the eighth straight session

Published 28 Sep, 2017 05:10am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Wednesday as dollar demand from importers surpassed selling of t

Published 27 Sep, 2017 10:54pm

Financial

Euro hits one-month low after worst day of 2017

LONDON: The euro slipped to a one-month low on Tuesday after its worst day so far this year, as investors worried th

Published 26 Sep, 2017 08:34am

Financial

North Korea risks support yen, euro struggles near 4-week lows vs dollar

TOKYO: The yen stood tall on Tuesday after tensions on the Korean peninsula flared-up anew amid an escalating war of

Published 26 Sep, 2017 06:55am

Financial

Euro, NZ dollar sideswiped by political uncertainty after elections

SYDNEY/TOKYO: The euro slipped in early Asian trading on Monday after Germany's election showed surging support for

Published 25 Sep, 2017 06:25am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday as dollar demand from importers outpaced selling of the US

Published 22 Sep, 2017 02:53pm

Financial

Yuan firms as corporates take profits on dollar ahead of Fed decision

SHANGHAI: China's yuan firmed against the US dollar on Wednesday as companies sold dollars to take profits on recent

Published 20 Sep, 2017 05:46am

Financial

Dollar edges up as investors await Fed's policy signals

TOKYO: The dollar edged up against a basket of currencies on Wednesday as investors awaited the outcome of the Feder

Published 20 Sep, 2017 04:45am

Financial

Dollar hovers near 8-week high vs yen; focus on Fed meeting

SINGAPORE/TOKYO: The dollar held steady at near 8-week highs versus the yen on Tuesday, with investors awaiting the

Published 19 Sep, 2017 05:18am

Financial

Dollar edges up vs yen, hovers near 7-week high ahead of Fed

SINGAPORE: The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in U.S. y

Published 18 Sep, 2017 04:52am

Financial

Dollar rally pauses as market braces for U.S. inflation data

SINGAPORE/TOKYO: The U.S. dollar's rally paused on Thursday as traders waited for consumer inflation data later in t

Published 14 Sep, 2017 06:34am

Financial

China's yuan inches up on dollar selling, may gain for first day in four

SHANGHAI: China's yuan firmed slightly against the US dollar on Wednesday and looked set to strengthen for the first

Published 13 Sep, 2017 06:51am

Financial

Dollar buoyant against yen, pound hits 1-year high on inflation jump

TOKYO: The dollar was buoyant against the yen on Wednesday, although it was capped against the euro with a potential

Published 13 Sep, 2017 06:06am

Financial

Dollar clings to most of its gains as risk sentiment improves

TOKYO: The dollar held on to most of its gains on Tuesday, following a sharp rebound on improving investor risk sent

Published 12 Sep, 2017 06:19am

Financial

Yuan eases, weaker fixing raises doubt over firming trend

SHANGHAI: China's yuan eased against the dollar for the third straight session by midday on Tuesday after official g

Published 12 Sep, 2017 06:15am

Financial

Sri Lankan rupee ends steady in dull trade; importer dlr demand weighs

COLOMBO: The Sri Lankan rupee ended steady on Monday as exporter sales of the US currency outpaced early demand from imp

Published 11 Sep, 2017 08:26pm

Financial

China's yuan slips, rally pauses after relaxation of FX outflow curbs

SHANGHAI: China's yuan eased slightly on Monday after rallying more than 1 percent against the dollar last week, wit

Published 11 Sep, 2017 07:06am

Financial

Dollar stabilises after selloff; focus on N.Korea, Hurricane Irma

TOKYO/SINGAPORE: The dollar edged higher on Monday, pulling away from last week's lows against its major rivals afte

Published 11 Sep, 2017 05:40am

Financial

China raises yuan rate to 16-month high as dollar sags

SHANGHAI: China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday,

Published 08 Sep, 2017 06:00am

Financial

Dollar slips vs yen, pressured by N.Korea risks and Fed outlook

TOKYO/SINGAPORE: The dollar edged down against the yen on Wednesday, pushed back toward a recent 4-1/2-month low by

Published 06 Sep, 2017 07:42am

Financial

China's yuan firms, but gains capped by corporate dollar purchase

SHANGHAI: China's yuan firmed slightly against the US dollar on Wednesday, but gains were capped as a firmer midpoin

Published 06 Sep, 2017 05:16am

Financial

Bitcoin plunges, recovers after China bans virtual fundraising

BEIJING: China's decision to clamp down on bitcoin and other crypto-currencies has sent a shock through the world's

Published 05 Sep, 2017 01:52pm

Financial

China's yuan eases after 3-day rally, still near highest since May 2016

SHANGHAI: China's yuan on Tuesday eased against the US dollar, after rallying for three days, but the Chinese curren

Published 05 Sep, 2017 04:58am

Financial

Dollar slips vs yen, franc on simmering N.Korea tensions

TOKYO: The dollar slipped against the Japanese yen and Swiss franc on Tuesday as global tensions simmered amid signs

Published 05 Sep, 2017 04:03am

Financial

Yen holds firm after North Korea's nuclear test

SINGAPORE: The yen edged higher against the dollar on Monday, as investors trimmed their exposure to riskier assets

Published 04 Sep, 2017 05:21am

Financial

China's yuan hits fresh 14-month high after best month

SHANGHAI: China's yuan strengthened to a fresh 14-month high against the US dollar on Friday after its best month on

Published 01 Sep, 2017 05:26am

Financial

Dollar pressured by lukewarm US data as jobs report awaited

TOKYO: The dollar stayed off this week's lows in cautious trading on Friday as investors awaited key monthly US empl

Published 01 Sep, 2017 05:24am

Financial

Data, Draghi speculation helps dollar recover August poise

LONDON: The dollar held near a two-week peak against the yen and below $1.19 per euro on Thursday, a broad recovery

Published 31 Aug, 2017 08:14am

Financial

Dollar recovers from lows vs major rivals as North Korea fears recede

SINGAPORE: The dollar pulled away from the previous session's 4-1/2 month lows against the yen on Wednesday as inves

Published 30 Aug, 2017 07:57am

Financial

Dollar falls to 4-month low vs yen after N.Korea fires missile

TOKYO/SINGAPORE: The dollar hit a four-month low against the yen on Tuesday after North Korea fired a missile that p

Published 29 Aug, 2017 06:02am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Thursday in dull trade as exporter dollar sales and inward remittances of

Published 24 Aug, 2017 07:36pm

Financial

Dollar regains some footing; focus on central bankers

SINGAPORE: The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald T

Published 24 Aug, 2017 05:35am

Financial

Dollar edges down vs yen after Trump's govt shutdown remarks

TOKYO/SINGAPORE: The dollar edged down against the yen on Wednesday after U.S. President Donald Trump raised the spe

Published 23 Aug, 2017 06:12am

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed higher on Tuesday, as exporter dollar sales surpassed importer demand for the US cu

Published 22 Aug, 2017 07:08pm

Financial

Dollar index inches higher; Jackson Hole meeting in focus

SINGAPORE: The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual c

Published 22 Aug, 2017 06:37am

Financial

Dollar edges up yen after dropping on US political turmoil

TOKYO: The dollar edged up in early Asian trading on Monday, moving tentatively away from the four-month low against

Published 21 Aug, 2017 06:02am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Thursday as importer dollar demand surpassed sales of the US curr

Published 17 Aug, 2017 04:50pm

Financial

China's yuan rebounds, set to snap 4-day losing streak

SHANGHAI: China's yuan rebounded against the US dollar by midday on Thursday, poised to break a four-day losing stre

Published 17 Aug, 2017 07:15am

Financial

China's yuan eases on lower fixing, set for the 4th day of losses

SHANGHAI: China's yuan weakened slightly against the US dollar on Wednesday and looked set for its fourth straight d

Published 16 Aug, 2017 07:18am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as dollar demand from importers outpaced selling of the US currenc

Published 15 Aug, 2017 07:40pm

Financial

Sri Lankan rupee ends firmer on bank dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday as banks and exporter dollar sales surpassed the mild impo

Published 11 Aug, 2017 01:40pm

Financial

Sri Lanka rupee ends higher on bank dollar sales, forward booking

COLOMBO: The Sri Lankan rupee ended higher on Thursday, as banks and exporter dollar sales and forward booking outpaced

Published 10 Aug, 2017 03:32pm

Financial

Dollar drifts lower as investors await US inflation data

TOKYO: The dollar inched down slightly in Asian trading on Tuesday, but maintained most of the gains it made on last

Published 08 Aug, 2017 05:32am

Financial

China's yuan hits 10-month high, tops key 6.7 level on firmer midpoint, FX reserves

SHANGHAI: China's yuan strengthened to a 10-month high against the dollar on Tuesday, breaching a key psychological

Published 08 Aug, 2017 05:29am

Financial

China's yuan firms as dollar takes breather from US jobs-related rally

SHANGHAI: China's yuan firmed against the US dollar on Monday, mainly as the greenback took a breather from a broad-

Published 07 Aug, 2017 06:12am

Financial

Sri Lanka rupee closes higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, erasing early losses as the exporter greenback sales surpassed i

Published 03 Aug, 2017 06:10pm

Financial

Dollar index edges up from 15-month low; euro pauses after rally

SINGAPORE: The dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looking w

Published 03 Aug, 2017 08:52am

Financial

Dollar index inches up from 15-month low; euro pauses after rally

SINGAPORE: The dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looki

Published 03 Aug, 2017 07:32am

Financial

PBOC to inject 120bn yuan via reverse repos

SHANGHAI: China's central bank will inject 120 billion yuan ($17.87 billion) into money markets on Wednesday, traders sa

Published 02 Aug, 2017 07:32pm

Financial

Dollar extends modest bounce from 15-month lows

TOKYO: The dollar extended its modest bounce from 15-month lows on Wednesday, benefiting from a pause in selling of

Published 02 Aug, 2017 07:00am

Financial

Sri Lanka rupee firmer on exporter dlr sales; import demand caps gain

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar supply due to greenback sales by exporters surpassed imp

Published 01 Aug, 2017 07:36pm

Financial

Dollar hits 6-week low vs yen; focus on U.S. data

SINGAPORE: The dollar skidded to a six-week low versus the yen on Tuesday, its outlook clouded by U.S. political turmoil

Published 01 Aug, 2017 07:22am

Financial

Dollar hits 6-week low vs yen; focus on US data

SINGAPORE: The dollar skidded to a six-week low versus the yen on Tuesday, its outlook clouded by US political turmo

Published 01 Aug, 2017 06:00am

Financial

Sri Lanka rupee rises on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday as dollar supply due to exporter greenback sales and inward remitta

Published 31 Jul, 2017 07:23pm

Financial

Sri Lanka rupee ends little changed; state bank dollar buying weighs

COLOMBO: The Sri Lankan rupee ended nearly unchanged on Wednesday as dollar selling by exporters and banks offset demand

Published 26 Jul, 2017 05:37pm

Financial

Sri Lanka rupee ends firmer on dollar selling by exporters

COLOMBO: The Sri Lankan rupee ended slightly firmer in dull trade on Tuesday as dollar selling by exporters outpaced dem

Published 25 Jul, 2017 03:57pm

Financial

Sri Lanka rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday as dollar selling by exporters and banks outpaced demand for the US

Published 24 Jul, 2017 04:40pm

Financial

Dollar index near 13-month low as US political turmoil weighs, euro buoyant

TOKYO: The dollar struggled near a 13-month low against a basket of major currencies on Monday as US political turmo

Published 24 Jul, 2017 06:30am

Financial

China's yuan firms on stronger fixing, but gains seen capped

SHANGHAI: China's yuan firmed against the US dollar on Monday, buoyed by a stronger central bank guidance, but trade

Published 24 Jul, 2017 06:26am

Financial

Sri Lankan rupee steady; bond yields down after T-bill auction

COLOMBO: The Sri Lankan rupee closed steady on Thursday with dollar sales by exporters and foreign banks offsetting dema

Published 20 Jul, 2017 05:22pm

Financial

Euro clings to ECB tapering hopes, yen little moved after BOJ

TOKYO: The euro held near a 14-month high against the dollar on Thursday as investors look to hints from the Europea

Published 20 Jul, 2017 06:24am

Financial

China's yuan eases on rising dollar demand and weaker fixing

SHANGHAI: China's yuan weakened against the US dollar on Thursday, which traders attributed to rising demand for the

Published 20 Jul, 2017 06:20am

Financial

Sri Lankan rupee recovers from early falls on foreign bank dollar sales

COLOMBO: The Sri Lankan rupee came off early falls to close firmer on Wednesday as dollar selling by foreign banks in la

Published 19 Jul, 2017 03:21pm

Financial

China's yuan weakens as dollar demand offsets strongest fix in 9 months

SHANGHAI: China's yuan weakened against the dollar for the first time in eight days on Wednesday, despite the strong

Published 19 Jul, 2017 05:55am

Financial

Dollar catches breath after plunging on collapse of US healthcare bill

TOKYO: The dollar nursed losses on Wednesday after skidding to a 10-month low against a currency basket as Republica

Published 19 Jul, 2017 05:53am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Tuesday on light importer dollar demand, even as the International Monetary Fund (

Published 18 Jul, 2017 08:38pm

Financial

China's yuan firms, set to rise for 7th straight session

SHANGHAI: China's yuan firmed against the US dollar on Tuesday and looked set to strengthen for the seventh straight

Published 18 Jul, 2017 06:19am

Financial

NZ dollar falls sharply after soft inflation data

SYDNEY: The New Zealand dollar fell over half a US cent on Tuesday after inflation came in lower than expected in the se

Published 17 Jul, 2017 11:19pm

Financial

Sri Lankan rupee ends steady; gradual depreciation seen

COLOMBO: The Sri Lankan rupee gave up early gains but ended steady on Monday as late importer dollar demand offset selli

Published 17 Jul, 2017 07:08pm

Financial

China's yuan firms on stronger fixing, Q2 GDP data shrugged off

SHANGHAI: China's yuan, which has firmed against the US dollar the past five sessions, strengthened again on Monday

Published 17 Jul, 2017 06:02am

Financial

Aussie, kiwi jet higher, US dollar steadies

LONDON: The Australian and New Zealand dollars were the biggest beneficiaries of a second day of gains for stock markets

Published 13 Jul, 2017 05:56pm

Financial

Dollar dips after Yellen, loonie near 13-mth high on BOC rate hike

TOKYO: The dollar dipped against its peers on Thursday after Federal Reserve Chair Janet Yellen did not sound as haw

Published 13 Jul, 2017 06:38am

Financial

China's yuan firms on stronger midpoint after dollar weakens

SHANGHAI: China's yuan firmed against the US dollar on Thursday after the central bank fixed a stronger guidance lev

Published 13 Jul, 2017 06:25am

Financial

Sri Lankan rupee ends firmer; central bank dollar buying curbs rise

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday due to greenback sales by banks and exporters, while th

Published 12 Jul, 2017 01:40pm

Financial

Sri Lankan rupee recovers on dollar selling by foreign bank

COLOMBO: The Sri Lankan rupee recovered from early falls to close slightly firmer on Tuesday as dollar selling by a fore

Published 11 Jul, 2017 01:53pm

Financial

Dollar's rise slows as rise in sovereign yields pauses

TOKYO: The dollar's advance against its major peers slowed on Tuesday as a rise in sovereign bond yields paused, with in

Published 11 Jul, 2017 06:19am

Financial

China's yuan weakens on corporate dollar demand, but state banks lend support

SHANGHAI: China's yuan eased on Tuesday dampened by corporate dollar demand and a weaker fixing, but losses were cap

Published 11 Jul, 2017 06:17am

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee edged lower on Monday as importers demanded dollars amid mild selling of the US currency b

Published 10 Jul, 2017 04:32pm

Financial

Dollar stands tall after solid US jobs back Fed tightening plans

TOKYO: The dollar was on solid footing on Monday, after a bigger-than-expected increase in US jobs suggested the Fed

Published 10 Jul, 2017 05:53am

Financial

Yen broadly higher after North Korea fires missile, Aussie falls

TOKYO: The yen gained broadly on Tuesday after North Korea's missile launch deepened geopolitical concerns, while th

Published 04 Jul, 2017 06:36am

Financial

China's yuan weakens, market shrugs off ‘Bond Connect’

SHANGHAI: China's yuan weakened against the US dollar after a softer official fixing on Monday, snapping the currenc

Published 03 Jul, 2017 06:30am

Financial

Sri Lanka rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Friday as importer dollar demand surpassed greenback sales by ex

Published 30 Jun, 2017 01:30pm

Financial

Dollar slips vs euro and sterling as ECB, BoE open door to hawks

TOKYO: The dollar wallowed at one-year lows against the euro and slipped against sterling in Asian trade on Thursday

Published 29 Jun, 2017 09:15am

Financial

China's yuan jumps to 7-1/2 mth high, state banks buying

SHANGHAI: Support from China's state banks helped the yuan strengthen to its highest level in seven and-a-half month

Published 29 Jun, 2017 08:47am

Financial

Sri Lanka rupee ends weaker on importer dlr demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday on late dollar demand from importers while the rupee was under p

Published 28 Jun, 2017 01:47pm

Financial

China's yuan extends gains on firmer fixing and state bank support

SHANGHAI: China's yuan on Wednesday extended the previous day's gain against the US dollar, which traders attributed

Published 28 Jun, 2017 05:14am

Financial

Euro gets boost from Draghi, delayed US Senate vote dents dollar

SINGAPORE: The euro hit a 10-month high on Wednesday after the European Central Bank chief hinted the days of the EC

Published 28 Jun, 2017 05:10am

Financial

Dollar edges away from 3-week high vs yen; kiwi firm after RBNZ

SINGAPORE: The dollar eased versus the yen on Thursday as a recent rally tied to bets on another U.S. interest rate

Published 22 Jun, 2017 06:30am

Financial

Sri Lankan rupee ends steady; importer dollar demand weighs

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as exporter dollar sales offset demand for the greenback from im

Published 21 Jun, 2017 03:02pm

Financial

Yuan bears throw in the towel, say it isn't worth fighting China's PBOC

SINGAPORE: A slew of Western investors and traders who placed bets in the past two years that China's yuan currency woul

Published 20 Jun, 2017 12:56pm

Financial

Dollar firmer vs yen after Fed's Dudley strikes hawkish tone

SINGAPORE: The dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal Re

Published 20 Jun, 2017 07:24am

Financial

Yuan slips to lowest level since end of May

SHANGHAI: China's yuan extended a downward slide against the dollar on Tuesday, slipping to its weakest level since

Published 20 Jun, 2017 05:45am

Financial

Sterling steady ahead of Brexit talks; dollar eyes Fed's Dudley

TOKYO/SINGAPORE: Sterling held steady on Monday ahead of the start of Brexit negotiations, with investors also await

Published 19 Jun, 2017 05:57am

Financial

Yuan firms amid curbs on money flows, higher volatility seen ahead

SHANGHAI: China's yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed

Published 19 Jun, 2017 05:56am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as dollar demand from importers weighed on the local currency, deal

Published 16 Jun, 2017 01:22pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Thursday as dollar demand from importers outweighed selling of t

Published 15 Jun, 2017 01:06pm

Financial

Dollar subdued as Trump probe, weak US data overshadow Fed

TOKYO: The dollar nursed losses on Thursday, after weak US inflation data left investors wondering if the Federal Re

Published 15 Jun, 2017 07:04am

Financial

China's yuan inches up, central bank sets stronger guidance after Fed rate rise

SHANGHAI: China's yuan edged up against the dollar on Thursday after the central bank set guidance at a fresh seven-

Published 15 Jun, 2017 07:00am

Financial

Sri Lankan rupee slips on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee slipped on Thursday as dollar demand from importers outweighed selling by exporters, d

Published 15 Jun, 2017 06:54am

Financial

Dollar on tenterhooks as investors await Fed policy clues

TOKYO: The dollar eased on Wednesday with investors looking past an expected U.S. rate hike later in the d

Published 14 Jun, 2017 05:54am

Financial

Sri Lankan rupee ends weaker on dollar demand from oil firm

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as a state-run bank bought dollars on behalf of a government-owned

Published 13 Jun, 2017 12:30pm

Financial

Sri Lankan rupee ends steady as remittances offset importer dollar demand

COLOMBO: The Sri Lankan rupee ended steady on Monday as inward remittances offset dollar demand from importers, dealers

Published 12 Jun, 2017 12:21pm

Financial

Sterling steadies as British PM scrambles to unite party, dollar awaits Fed

SINGAPORE: Sterling steadied on Monday as British Prime Minister Theresa May scrambled to pick up the pieces a

Published 12 Jun, 2017 06:27am

Financial

China's yuan steady, market awaits US rate decision

SHANGHAI: China's yuan steadied in narrow trade against the US dollar on Monday, with the market switching

Published 12 Jun, 2017 06:25am

Financial

Sri Lankan rupee ends steady on inward remittances

COLOMBO: The Sri Lankan rupee ended steady on Friday in tepid trade as mild inward remittances offset dollar demand from

Published 09 Jun, 2017 02:17pm

Financial

Pound nears 2-week high before UK vote; euro steady ahead of ECB

SINGAPORE: Sterling traded near a two-week high on Thursday, supported by expectations that Prime Minister

Published 08 Jun, 2017 04:58am

Financial

China's yuan eases in step with midpoint, not solid May exports

SHANGHAI: China's yuan eased against the US dollar on Thursday after the central bank set its official gui

Published 08 Jun, 2017 04:57am

Financial

China May FX reserves rise more than expected on weaker dollar, capital controls

BEIJING: China's foreign exchange reserves rose in May for a fourth consecutive month and by more than markets had expec

Published 07 Jun, 2017 04:45pm

Financial

Sri Lankan rupee edges up on late inward remittances

COLOMBO: The Sri Lankan rupee recovered from early falls and closed slightly firmer on Wednesday as late inward remittan

Published 07 Jun, 2017 04:20pm

Financial

China's cross-border capital flows continue good momentum in May

BEIJING: China's cross-border capital flows are stabilising and continued good momentum in May, the forex regulator said

Published 07 Jun, 2017 09:03am

Financial

Dollar stuck near 6-wk low vs yen as ‘Super Thursday’ events loom

TOKYO: The dollar wallowed near a six-week low against the safe-haven yen on Wednesday, with traders cauti

Published 07 Jun, 2017 06:23am

Financial

China's yuan edges up, central bank sets guidance at new 7-month high

SHANGHAI: China's yuan firmed against the dollar on Wednesday, after the central bank set its official gui

Published 07 Jun, 2017 05:20am

Financial

Sri Lankan rupee edges down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday due to mild dollar demand from importers, and pressure on

Published 06 Jun, 2017 12:09pm

Financial

Dollar hits 6-week low vs yen ahead of UK vote, Comey testimony and ECB outcome

TOKYO: The dollar hit a six-week low against the safe-haven yen on Tuesday, with investors cautious ahead of Britain

Published 06 Jun, 2017 06:07am

Financial

China's yuan firms, market shrugs off huge cash injection

SHANGHAI: China's yuan firmed against the US dollar on Tuesday after the official midpoint was fixed at a

Published 06 Jun, 2017 05:03am

Financial

Sri Lankan rupee steady; importer dollar demand offsets exporter sales

COLOMBO: The Sri Lankan rupee was steady on Monday as importer dollar demand offset greenback sales by exporters, wh

Published 05 Jun, 2017 06:53am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday as importer dollar demand outpaced selling of the US curre

Published 02 Jun, 2017 12:35pm

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: Sri Lankan rupee ended slightly firmer on Thursday as dollar selling by exporters outpaced importer demand for

Published 01 Jun, 2017 01:56pm

Financial

Sterling slips on election fears, downbeat China PMI weighs on stocks

SINGAPORE: Sterling retreated on Thursday on fears that Prime Minister Theresa May could lose control of p

Published 01 Jun, 2017 05:28am

Financial

China's yuan jumps to 7-month high, central bank resets path

SHANGHAI: China's yuan surged to a near seven-month high after a sharply stronger midpoint fixing on Thursday, stren

Published 01 Jun, 2017 05:09am

Financial

Dollar languishes near 6-1/2 month lows, pound falters

SINGAPORE: The dollar languished near a recent 6-1/2 month low against a basket of major currencies on Thursday, whi

Published 01 Jun, 2017 02:37am

Financial

Yuan bolts to over 6-month high as central bank tries to douse depreciation views

SHANGHAI: China's yuan surged to its strongest level in more than 6 months on Wednesday on views that the central bank i

Published 31 May, 2017 12:12pm

Financial

Sterling drops on poll showing risk of hung UK parliament

TOKYO: The British pound dropped on Wednesday after a new poll found that British Prime Minister Theresa May's Conse

Published 31 May, 2017 05:55am

Financial

China's yuan firms as cbank signals less tolerance for depreciation

SHANGHAI: China's onshore yuan surged to its strongest level in more than four months against the US dolla

Published 31 May, 2017 05:51am

Financial

Sri Lankan rupee falls; flood damage assessment awaited

COLOMBO: Sri Lankan rupee fell on Tuesday as floods and landslides that killed over 190 people weighed on market sentime

Published 30 May, 2017 11:51am

Financial

Dollar firms against sterling, euro amid political uncertainties

TOKYO: The dollar firmed against a basket of currencies on Tuesday as the euro and sterling were pressured by politi

Published 30 May, 2017 05:53am

Financial

Sri Lankan rupee weaker on importer dollar demand in dull trade

COLOMBO: The Sri Lankan rupee edged down on Monday in dull trade as dollar demand from importers outpaced exporter s

Published 29 May, 2017 07:38am

Financial

China says considering tighter controls on yuan currency

SHANGHAI: China said Friday it is considering a change to its mechanism for managing its currency to buffer it

Published 26 May, 2017 01:11pm

Financial

China's yuan strengthens again, hits strongest level since February

SHANGHAI: China's yuan on Friday extended the previous day's big gain, hitting its strongest level in more

Published 26 May, 2017 06:43am

Financial

Pound slips as PM May's lead narrows, commodity currencies shaky

SINGAPORE: Sterling fell on Friday after a poll showed a narrowing lead for British Prime Minister Theresa

Published 26 May, 2017 06:37am

Financial

China's yuan jumps to 2-month high in ‘show of strength’ after downgrade

SHANGHAI: China's yuan leapt to a near two-month high against the US dollar on Thursday, supported by majo

Published 25 May, 2017 06:31am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed lower on Wednesday on higher demand for dollars from importers, but selling of the

Published 24 May, 2017 02:02pm

Financial

China's yuan eases on dollar demand, Moody's downgrade shrugged off

SHANGHAI: China's yuan eased against the US dollar on Wednesday on some corporate demand for the greenback

Published 24 May, 2017 06:38am

Financial

Sri Lankan rupee steady, but seen easing on central bank move to boost reserves

COLOMBO: The Sri Lankan rupee was steady on Tuesday, though traders say the currency is set to ease further on importers

Published 23 May, 2017 06:38am

Financial

China's yuan weakens against dollar, hits low against currency basket

SHANGHAI: China's yuan weakened against the US dollar on Monday despite a firmer midpoinmt fixed by the ce

Published 22 May, 2017 07:08am

Financial

Dollar inches up but US political woes keep it near 6-month lows

TOKYO: The dollar inched higher on Monday, but remained close to six-month lows against a basket of curren

Published 22 May, 2017 07:06am

Financial

Sri Lankan rupee ends weaker, state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee ended weaker on Friday on importer dollar demand and fewer exporter conversions, even as i

Published 19 May, 2017 12:51pm

Financial

Dollar under pressure on Trump troubles

TOKYO: The dollar was under pressure in Asia Thursday on fears that US President Donald Trump's mounting p

Published 18 May, 2017 06:28am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday led by usual importer dollar demand, but dealers said depreciati

Published 17 May, 2017 02:36pm

Financial

Sri Lankan rupee falls on importer dollar demand; stocks rise

COLOMBO: The Sri Lankan rupee fell on Wednesday led by usual importer dollar demand, but dealers said depreciation press

Published 17 May, 2017 07:07am

Financial

South Korean won inches down after a 4-day rally, stocks little lower

SEOUL: The South Korean won ended a slightly weaker on Wednesday, having run into some profit-taking after hitting a six

Published 17 May, 2017 07:04am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as importer dollar demand surpassed selling of the US currency by

Published 16 May, 2017 06:02pm

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday as importer dollar demand surpassed early greenback sales

Published 15 May, 2017 04:36pm

Financial

China's yuan steadies, little impact from soft April activity indicators

SHANGHAI: China's yuan steadied against the US dollar on Monday, with investors undeterred by weaker-than-

Published 15 May, 2017 06:34am

Financial

Dollar starts week under shadow of underwhelming data, N. Korea

TOKYO: The dollar started the week on the defensive on Monday after U.S. economic data came in shy of expe

Published 15 May, 2017 06:26am

Financial

Sri Lankan rupee edges up in dull trade; stocks steady

COLOMBO: The Sri Lankan rupee rose slightly in dull trade on Monday on mild dollar selling by exporters, dealers sai

Published 15 May, 2017 06:20am

Financial

Sri Lankan rupee edges up in dull trade

COLOMBO: The Sri Lankan rupee ended slightly firmer in dull trade on Friday due to mild dollar selling by expo

Published 12 May, 2017 02:21pm

Financial

Dollar slips after Trump fires FBI director

TOKYO: The dollar slid on Wednesday and the perceived safe-haven yen gained after U.S. President Donald Trump abruptly f

Published 10 May, 2017 05:01am

Financial

China yuan firms, state banks' dollar sales offset much weaker midpoint

SHANGHAI: China's yuan firmed against the US dollar on Wednesday despite its weakest midpoint in seven wee

Updated 10 May, 2017 06:59am

Financial

Euro off 6-month high but supported on brightening outlook in Europe

TOKYO: The euro pulled back from recent six-month highs on Tuesday, but remained well-supported as fading

Published 09 May, 2017 06:01am

Financial

China's yuan slips, offshore spot faces pressure on looser outflow curbs

SHANGHAI: China's yuan fell against the dollar on Tuesday after the central bank fixed its midpoint at a o

Published 09 May, 2017 05:28am

Financial

Sri Lankan rupee ends slightly weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday on mild dollar demand from importers, but anticipated

Published 08 May, 2017 06:05pm

Financial

Euro rallies after Macron wins French presidency

TOKYO: The euro briefly rallied to a six-month high against the dollar Monday after pro-European centrist Emmanuel M

Published 08 May, 2017 04:30am

Financial

Sri Lankan rupee edges up on exporter dollar selling

COLOMBO: The Sri Lankan rupee ended slightly higher on Thursday as exporters sold the dollar and a statement f

Published 04 May, 2017 02:41pm

Financial

Sri Lankan rupee steady on dollar inflow expectations

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as importer dollar demand was offset by exporter sales amid expe

Published 03 May, 2017 01:40pm

Financial

China's yuan firms, market shrugs off weaker midpoint

SHANGHAI: China's yuan firmed against the US dollar on Tuesday, despite the central bank's weaker midpoint

Published 02 May, 2017 06:36am

Financial

Dollar hits 1-month high vs yen as US yields spike on Mnuchin comments

TOKYO: The dollar hit a one-month high against the yen on Tuesday, lifted by Treasury yields which surged after U.S.

Published 02 May, 2017 06:33am

Financial

Australia dollar lifted as RBA stands pat, NZ dollar dragged higher

SYDNEY/WELLINGTON: The Australian dollar drifted higher on Tuesday after the central bank kept rates uncha

Published 02 May, 2017 06:30am

Financial

Dollar edges up, European inflation data underpins euro

TOKYO: The dollar shrugged off early modest losses in holiday-thinned Asian trading on Monday, while solid European infl

Published 01 May, 2017 09:19am

Financial

Sri Lankan rupee falls on importer dollar demand; bond yields down

COLOMBO: The Sri Lankan rupee fell on Friday on importer dollar demand, while bond yields dropped for a second day with

Published 28 Apr, 2017 03:48pm

Financial

Sri Lankan rupee little changed; yields fall on hike in bond borrowing limit

COLOMBO: The Sri Lankan rupee closed steady on Thursday in dull trade, but local bond yields fell after the government a

Published 27 Apr, 2017 01:20pm

Financial

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

TOKYO: The dollar held gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh s

Published 27 Apr, 2017 05:29am

Financial

China's yuan slips as corporate dollar demand picks up

SHANGHAI: China's yuan weakened against the US dollar on Thursday after the central bank set the midpoint at the lowest

Published 27 Apr, 2017 05:27am

Financial

China's yuan dips against dollar, falls to record low against currency basket

SHANGHAI: China's yuan slipped against the US dollar on Wednesday and fell to a record low against a basket of

Published 26 Apr, 2017 05:20am

Financial

Sri Lankan rupee edges down on importer dlr demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday on light importer dollar demand, but the currency is exp

Published 25 Apr, 2017 01:47pm

Financial

Sri Lankan rupee ends flat after late dollar selling by foreign banks

COLOMBO: The Sri Lankan rupee closed flat on Monday as late dollar sales by foreign banks offset importer dollar demand,

Published 24 Apr, 2017 03:55pm

Financial

Sterling dives against euro after French election

LONDON: Sterling fell sharply against the euro on Monday as investors favoured Europe's currency over Britain's in a wav

Published 24 Apr, 2017 09:53am

Financial

Euro rises sharply after first round of French election

TOKYO: The euro rose sharply Monday as markets breathed a sigh of relief as first-round numbers showed centris

Published 24 Apr, 2017 03:19am

Financial

Sri Lankan rupee ends stronger on local bank dollar sales

COLOMBO: The Sri Lankan rupee closed firmer on Thursday as dollar inflows from equity-related transactions outpaced mild

Published 20 Apr, 2017 05:27pm

Financial

Yuan steadies, regulator says outflows have sharply eased

SHANGHAI: China's yuan was largely steady against the US dollar on Thursday after the country's foreign exchan

Published 20 Apr, 2017 06:31am

Financial

Sterling gives back some gains made after May calls UK vote

TOKYO: The dollar index edged away from three-week lows on Wednesday, as a resurgent sterling gave back some o

Published 19 Apr, 2017 06:34am

Financial

Yuan gains ground, outflow fears ease as dollar weakness drags on

SHANGHAI: The Chinese yuan firmed slightly on Wednesday as the dollar index traded near three-week lows, dragg

Published 19 Apr, 2017 06:13am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday due to dollar demand from importers, but the currency is expected

Published 18 Apr, 2017 02:32pm

Financial

Sri Lankan rupee ends firmer on dollar selling by foreign banks

COLOMBO: The Sri Lankan rupee ended firmer in thin trade on Monday as foreign banks sold the dollar, with importers stay

Published 17 Apr, 2017 02:22pm

Financial

Trump's currency comments lift yuan, but limited impact seen

SHANGHAI: China's yuan strengthened against the US dollar on Thursday following President Donald Trump's comme

Published 13 Apr, 2017 10:42am

Financial

Australia, NZ dollars bounce on upbeat data, Trump comments

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced sharply on Thursday, having been thrown a lifeline by

Published 13 Apr, 2017 06:14am

Financial

Yen hits multi-month peaks vs peers on rising geopolitical tensions

TOKYO: The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopoliti

Published 12 Apr, 2017 04:58am

Financial

Australia, NZ dollars at 4-1/2 month lows as investors flee risk

SYDNEY: The Australian and New Zealand dollars stumbled to 4-1/2 month lows on the yen on Wednesday while government bon

Published 12 Apr, 2017 04:57am

Financial

Yen gains as N. Korea, Syria spark geopolitical jitters

LONDON: The safe-haven yen rose broadly in European trading on Tuesday, as investors considered a spectrum of risks incl

Published 11 Apr, 2017 08:54am

Financial

Sterling steady ahead of UK inflation data

LONDON: Sterling steadied against the dollar and euro on Tuesday as investors looked to data expected to show British co

Published 11 Apr, 2017 08:52am

Financial

Dollar edges down vs yen as US Treasury yields slip

TOKYO: The dollar fell against the yen in Asian trading on Tuesday, as concerns over tensions with North Korea

Published 11 Apr, 2017 06:31am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand and dividend payments outpaced

Published 07 Apr, 2017 12:19pm

Financial

China forex reserves rises for a second month in March

BEIJING: China's foreign exchange reserves increased for a second month in row in March, rising by $3.9 billion, officia

Published 07 Apr, 2017 10:20am

Financial

Sri Lankan rupee ends weaker on late importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker in dull trade on Thursday as it surrendered early gains du

Published 06 Apr, 2017 03:02pm

Financial

Yuan slips against the dollar as traders anxiously await Trump-Xi meeting

SHANGHAI: China's yuan slipped slightly against the dollar on Wednesday morning as traders anxiously awaited t

Published 05 Apr, 2017 06:49am

Financial

Asian currencies slip, focus on coming US-China summit

SINGAPORE: Some Asian currencies edged lower on Wednesday, ahead of a United States-China summit that could hi

Published 05 Apr, 2017 06:09am

Financial

Dollar pressured ahead of Trump-Xi summit, N.Korea concerns

TOKYO: The dollar lost its grip on earlier gains against the yen on Wednesday, remaining under pressure after

Published 05 Apr, 2017 06:02am

Financial

Australia, NZ dollars dented by RBA caution, dovish comments

SYDNEY/WELLINGTON: The Australian dollar dropped to a three-week trough on Tuesday after the central bank kept

Published 04 Apr, 2017 06:31am

Financial

Sri Lankan rupee edges up on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee was slightly firmer in dull trade on Tuesday on inward remittances and exporter dollar sal

Published 04 Apr, 2017 06:29am

Financial

South Korean won, shares end stronger on upbeat March exports data

SEOUL: The South Korean won ended higher on Monday with sentiment lifted by news of strong exports in March an

Published 03 Apr, 2017 08:14pm

Financial

Dollar wobbles but holds above 4-month lows

TOKYO: The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Re

Published 03 Apr, 2017 05:43am

Financial

Sri Lankan rupee steady as late importer dollar demand offsets inward remittances

COLOMBO: The Sri Lankan rupee ended steady on Thursday as importer dollar demand in late trades offset inward

Published 30 Mar, 2017 04:04pm

Financial

Weakened yuan takes $1.6bn shine off Chinese airlines' profits

SHANGHAI: China's weakening yuan cut $1.6 billion from profits earned by the country's three largest airlines

Published 30 Mar, 2017 02:46pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday, helped by exporter dollar sales and inward remittances but impo

Published 29 Mar, 2017 12:58pm

Financial

Sri Lankan rupee ends little changed

COLOMBO: The Sri Lankan rupee closed largely unchanged on Monday as importer dollar demand almost offset the inward remi

Published 27 Mar, 2017 01:49pm

Financial

Sri Lankan rupee falls; central bank raises key rates

COLOMBO: The Sri Lankan rupee closed lower on Friday on importer dollar demand, even as the country's central

Published 24 Mar, 2017 03:41pm

Financial

Rising yen bucks fundamentals, gives Japan a diplomatic breather

TOKYO: The Japanese yen's recent rise against the dollar has defied conventional market wisdom, but a stronger

Published 23 Mar, 2017 08:09am

Financial

China's yuan weakens slightly as jitters ease after short-term rate hike

HONG KONG: China's yuan fell slightly against the US dollar on Monday after a weaker official midpoint fixing, and on views that the central bank will stick to a very modest and gradual pace of monetary tightening to avoid hurting economic growth.

Published 20 Mar, 2017 04:20am

Financial

Dollar on defensive for packed week of Fed speakers

SYDNEY: The dollar stayed on the defensive in Asia on Monday with bulls still nursing a grudge after the Federal Reserve's rate guidance last week proved to be less "hawkish" than many had wagered on.

Published 20 Mar, 2017 04:19am

Financial

South Korea won firm after Fed rate hike, will act if needed

SEOUL: The South Korean won has firmed in addition to other key currencies after the Federal Reserve decided to raise US interest rates, the country's vice finance minister said on Thursday, adding Seoul will act to stabilise markets if necessary.

Published 15 Mar, 2017 10:52pm

Financial

Indian rupee hits 16-mth high, bonds rally most in 2 weeks ahead of Fed

MUMBAI: The Indian rupee hit a 16-month peak against the dollar and bonds rallied the most in two weeks on Wednesday on hopes of a less hawkish tone on interest rates by the U.

Published 15 Mar, 2017 04:45pm

Financial

Sri Lankan rupee ends slightly weaker in dull trade

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday in dull trade as importer dollar demand surpassed exporter greenback sales, a day after the central bank's moral suasion curbed further decline, dealers said.

Published 10 Mar, 2017 12:27pm

Financial

Sri Lankan rupee ends firmer amid moral suasion

COLOMBO: The Sri Lankan rupee ended slightly firmer on Thursday as a state bank sold dollars amid moral suasion by the central bank after the local currency fell on importer greenback demand, dealers said.

Published 09 Mar, 2017 01:25pm

Financial

China to keep yuan broadly stable, allow more fluctuations

BEIJING: China will maintain stability in its yuan currency while allowing more two-way fluctuation to reflect changes in supply and demand, the operator of its foreign exchange trading platform said on Wednesday.

Published 08 Mar, 2017 11:46am

Financial

Sri Lankan rupee weaker on importer dollar demand after IMF statement

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday as importer dollar demand surpassed mild sales of the greenback by exporters, dealers said, a day after the International Monetary Fund urged the country's central bank to rebuild foreign reserves w

Published 08 Mar, 2017 09:06am

Financial

Sri Lankan rupee ends slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker in thin trade on Monday, as importer dollar demand surpassed greenback remittances, dealers said.

Published 06 Mar, 2017 12:47pm

Financial

South Korean won slips to 5-week low; stocks end slightly higher

SEOUL: The South Korean won weakened for a third straight session on Monday, ending near five-week lows on increased dollar demand in the wake of tensions with China over Seoul's decision to deploy a US missile defence system.

Published 06 Mar, 2017 06:55am

Financial

Sri Lankan rupee ends firmer on late exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday aided by late exporter dollar sales, but concerns over possible further depreciation in the absence of central bank guidance weighed on the sentiment, dealers said.

Published 27 Feb, 2017 02:39pm

Financial

Sri Lankan rupee ends firmer as exporters sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Thursday as exporters sold the US dollar, but concerns over possible further depreciation in the domestic currency in the absence of central bank guidance weighed on the sentiment, dealers said.

Published 23 Feb, 2017 02:01pm

Financial

Sri Lankan rupee falls on importer dollar demand, bond outflow

COLOMBO: The Sri Lankan rupee ended weaker on Monday on dollar demand from importers and foreign banks as foreign investors sold government securities amid concerns of further depreciation in the rupee, dealers said.

Published 20 Feb, 2017 02:18pm

Financial

China Jan FX reserves fall below $3 trillion for first time in nearly 6 years

BEIJING: China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows

Published 07 Feb, 2017 01:11pm

Financial

Sri Lankan rupee slips on dollar buying by banks ahead of rate call

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday due to dollar demand from importers and banks as foreign investors continued to sell government securities, dealers said.

Published 06 Feb, 2017 01:40pm

Financial

Sri Lankan rupee edges down on dollar demand from importers, banks

COLOMBO: The Sri Lankan rupee ended marginally weaker on Thursday due to dollar demand from importers as well as banks to facilitate foreign outflows from government securities, dealers said.

Published 02 Feb, 2017 03:49pm

Financial

Sri Lankan rupee up on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday due to dollar inflows from remittances and greenback sa

Published 01 Feb, 2017 01:03pm

Financial

Sri Lankan rupee ends lower; central bank sets spot ref rate at record low

COLOMBO: The Sri Lankan rupee ended marginally weaker on Friday on importer dollar demand and with the central bank adjusting the spot reference rate to a record low of 150.

Published 13 Jan, 2017 12:56pm

Financial

Sri Lankan rupee falls on dollar demand from foreign banks, importers

COLOMBO: The Sri Lankan rupee traded weaker on Friday due to dollar buying by foreign banks and importers, but the central bank's moral suasion continued to prevent further decline, days after the monetary authority signalled a change in its intervent

Published 06 Jan, 2017 07:28am

Financial

Bitcoin nears all-time high as it becomes 'safe haven' asset

HONG KONG: Bitcoin neared its all-time high Thursday, with the surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty.

Published 05 Jan, 2017 07:17am

Financial

China's new rule on yuan transfers not a capital control measure

BEIJING: China's new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist.

Published 02 Jan, 2017 08:32am

Financial

Sri Lankan rupee ends steady amid moral suasion

COLOMBO: The Sri Lankan rupee closed steady on Thursday as light importer dollar demand was met by exporter selling and moral suasion by the central bank boosted sentiment, dealers said.

Published 29 Dec, 2016 01:03pm

Financial

Dollar sags vs yen on lower US yields, ebb in risk appetite

TOKYO: The dollar sagged against the yen on Thursday, weighed down by US yields slipping to two-week lows and an ebb in risk appetite that favoured the safe-haven Japanese currency.

Published 29 Dec, 2016 08:10am

Financial

Won and Taiwan dollar touch fresh multi-month lows

SINGAPORE: The South Korean won and Taiwan dollar set fresh multi-month lows on Wednesday, after strong US economic data reinforced expectations that the Federal Reserve would be more hawkish in 2017.

Published 28 Dec, 2016 07:06am

Financial

Sri Lankan rupee ends steady after early fall

COLOMBO: The Sri Lankan rupee ended steady on Tuesday after earlier falling on thin importer dollar demand, dealers said, even as the market looked for cues after the central bank said currency depreciation was not necessarily negative for the economy.

Published 27 Dec, 2016 02:19pm

Financial

Won hits 9-1/2 month low; rise in US bond yields dents Asia FX

SINGAPORE: The South Korean won touched a nine-and-a-half-month low against the dollar on Tuesday, with most Asian currencies retreating as a rise in US bond yields helped bolster the greenback.

Published 27 Dec, 2016 06:32am

Financial

Dollar edges up on bargain hunting after sagging over the holidays

TOKYO: The dollar inched up against the yen and euro on Tuesday as some investors emerged out of the holiday lull to hunt for bargains as the market entered the last trading stretch of the year.

Published 27 Dec, 2016 06:29am

Financial

Dollar dips vs yen after US yields pull away from highs

TOKYO: The dollar dipped against the yen on Monday, edging lower down after U.

Published 26 Dec, 2016 08:25am

Financial

Sri Lankan rupee ends firmer on dollar selling by state bank

COLOMBO: The Sri Lankan rupee closed higher on Friday as dollar selling by a state-run bank helped the local currency gain in lacklustre trading ahead of a long weekend, amid little demand from importers for the US currency, dealers said.

Published 23 Dec, 2016 02:14pm

Financial

Dollar retreats ahead of US data, euro on alert over Monte dei Paschi

TOKYO: The dollar lost some steam on Thursday, slipping from its 14-year-high against a basket of currencies as investors took profits before a batch of US economic data due later in the day is published.

Published 22 Dec, 2016 07:32am

Financial

Won and Taiwan dollar hit multi-month lows

SINGAPORE: The South Korean won hit a more than nine-month low and the Taiwan dollar touched a near five-month trough on Thursday, as the outlook for Asian currencies remained clouded by expectations the Fed could raise rates at a faster pace next year.

Published 22 Dec, 2016 07:13am

Financial

South Korean won drops to 9-month low, shares slightly down

SEOUL: The South Korean won slumped to a more than nine-month low on Thursday, marking its sixth consecutive session of decline and breaking through the psychological level of 1,200 intraday.

Published 22 Dec, 2016 06:59am

Financial

Sri Lankan rupee ends lower on importer dollar demand, capital outflows

COLOMBO: The Sri Lankan rupee closed weaker on Wednesday due to dollar demand from importers and capital outflows from government securities, dealers said, as the greenback hovered near 14-year peaks against a basket of major currencies.

Published 21 Dec, 2016 12:22pm

Financial

Sri Lankan rupee down on importer dollar demand, capital outflows

COLOMBO: The Sri Lankan rupee fell on Wednesday due to importer demand for the dollar and capital outflows from government securities as the greenback held near 14-year peaks against a basket of major currencies.

Published 21 Dec, 2016 08:57am

Financial

Won, baht hit multi-month lows on worry over Fed rate hike pace

SINGAPORE: The South Korean won and the Thai baht hit multi-month lows against the dollar on Wednesday, weighed down by expectations of a faster pace of US interest rate increases after Donald Trump becomes president on Jan.

Published 21 Dec, 2016 08:16am

Financial

South Korea won extends slide as dollar stands tall, stocks edge up

SEOUL: The South Korean won extended its slide early on Wednesday, capping the fifth session of losses on the back of a relentless dollar rally fuelled by yield-allure as investors bet on US growth and interest rates moving to a higher gear.

Published 21 Dec, 2016 07:08am

Financial

Dollar holds gains at 14-year peak on Trump trade, yield allure

TOKYO: The dollar hovered near a 14-year high against the euro on Wednesday, supported by expectations of U.

Published 21 Dec, 2016 07:05am

Financial

Australia dollar aided by the RBA, NZ dollar at 6-month lows

SYDNEY/WELLINGTON: The Australian dollar inched higher on Tuesday following four straight days of losses, after the country's central bank indicated it was done cutting interest rates for now.

Published 20 Dec, 2016 08:47am

Financial

China's yuan firms on state bank support, weak corporate dollar demand

SHANGHAI: China's yuan firmed on Tuesday as major state-owned banks sold dollars, while weak demand by companies for the US currency also offered a helping hand, traders said.

Published 20 Dec, 2016 08:43am

Financial

Dollar bounces back near 14-year peak, yen slips after BOJ

TOKYO: The dollar was bouncing back towards its 14-year high against a basket of major currencies on Tuesday as the yen quickly gave up some of its gains following deadly incidents in Turkey and Germany.

Published 20 Dec, 2016 07:45am

Financial

Yen, Swiss franc firm after incidents in Ankara, Berlin

TOKYO: The yen dipped only briefly after the Bank of Japan stood pat as widely expected on Tuesday, keeping much of its gains after separate deadly incidents in Turkey and Germany raised security worries in the West.

Published 20 Dec, 2016 07:28am

Financial

Sri Lankan rupee edges down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee slipped on Monday on mild importer dollar demand, as the market braced for declines in the local currency with the central bank raising the spot reference rate following a hike in U.

Published 19 Dec, 2016 08:56am

Financial

South Korea won, stocks flat as markets cautious before Yellen speech, BOJ

SEOUL: The South Korean won was slightly down early on Monday as investors kept to the sidelines ahead of a speech by Federal Reserve Chair Janet Yellen and the outcome of the Bank of Japan's policy meeting.

Published 19 Dec, 2016 06:38am

Financial

Australia dollar steady after budget forecast, NZ$ ticks up

SYDNEY/WELLINGTON: The Australian dollar stayed near a six-month trough on Monday after the government forecast a smaller-than-feared budget deficit this year, but that could not fully deflect the threat of a downgrade to the country's top credit rati

Published 19 Dec, 2016 06:29am

Financial

China's yuan firms after surprisingly strong midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday after the central bank set a much stronger midpoint than the market had expected, traders said.

Published 19 Dec, 2016 06:23am

Financial

Dollar pulls away from 14-year peak as investors take profits

TOKYO: The dollar edged lower in Asian trading on Monday as some investors took profits after its rise last week to a 14-year peak against a currency basket, though it remained underpinned by expectations of more U.

Published 19 Dec, 2016 06:22am

Financial

Asian currencies on defensive; ringgit matches post-1998 lows

SINGAPORE: The Malaysian ringgit matched a post-1998 low set last year and the South Korean won hit a nearly six-month low on Monday, after the US Federal Reserve last week signalled a faster-than-expected pace of interest rate rises in 2017.

Published 19 Dec, 2016 06:21am

Financial

China urges calm on yuan after US rate hike

SHANGHAI: The mouthpiece of China's Communist Party said Friday there was "no need to worry too much" about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.

Published 16 Dec, 2016 09:43am

Financial

China's yuan falls to 8-1/2-year low after Fed tightens policy

HONG KONG: China's yuan fell to its weakest in 8-1/2 years on Thursday after the US Federal Reserve signalled a faster pace of rate hikes, raising concerns of more capital outflows at a time when Asia's economic powerhouse shows signs of stabilisi

Published 15 Dec, 2016 10:51am

Financial

China's yuan falls to over 8-year low on dollar strength

HONG KONG: China's yuan fell to its weakest level in more than eight years against a broadly stronger US dollar on Thursday after the Federal Reserve raised interest rates and also projected more interest rate increases than earlier expected.

Published 15 Dec, 2016 08:23am

Financial

Indian rupee, bonds slide on Fed stance, but shares gain

MUMBAI/BENGALURU: The Indian rupee fell to a one-week low on Thursday, while bonds also slumped after the U.

Published 15 Dec, 2016 08:00am

Financial

Asian currencies fall, yuan hits 8-year low after Fed's signal

SINGAPORE: Emerging Asian currencies slid against the dollar on Thursday, with the Chinese yuan hitting an eight-year low after the US Federal Reserve raised interest rates and signalled a faster pace of rate increases in 2017.

Published 15 Dec, 2016 07:57am

Financial

Sri Lankan rupee weakens as central bank raises reference rate after Fed move

COLOMBO: The Sri Lankan rupee edged lower on Thursday as the central bank raised the spot reference rate further, a day after the U.

Published 15 Dec, 2016 07:34am

Financial

Dollar at 14-year peak as Fed rejuvenates Trump-rally, emerging FX on back foot

TOKYO: The dollar rose to a 14-year peak against a basket of major currencies on Thursday after the Federal Reserve boosted the number of projected interest rate hikes for 2017, rejuvenating the month-long Trump rally and knocking emerging market currenci

Published 15 Dec, 2016 07:17am

Financial

Australia dollar struggles at 75 US-cent barrier, NZ$ ticks higher

SYDNEY: The Australian dollar struggled at the crucial 75 U.

Published 14 Dec, 2016 06:50am

Financial

China's yuan weakens as corporate buy dollars

SHANGHAI: China's yuan weakened slightly against the dollar on Wednesday, as support from state-owned banks failed to counter pressure from corporate demand for dollars, traders said.

Published 14 Dec, 2016 06:44am

Financial

Dollar takes breather, investors anxious about Fed rate outlook

TOKYO: The dollar took a breather on Wednesday as investors waited to see if the U.

Published 14 Dec, 2016 06:18am

Financial

South Korea won rises, but boxed in ahead of Fed; stocks flat

SEOUL: The South Korean won stepped up early on Tuesday but overall trade was thin ahead of a Federal Reserve policy meeting at which the US central bank is widely expected to hike rates for the first time this year.

Published 13 Dec, 2016 07:33am

Financial

China's yuan firms as state banks sell retreating dollar

HONG KONG: China's yuan on Tuesday firmed against the US dollar, which state-owned banks sold to support the Chinese currency, while the dollar fell against most major currencies on concerns it may have gained too much ahead of a Federal Reserve meeti

Published 13 Dec, 2016 06:52am

Financial

Sri Lanka rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday as exporter dollar sales surpassed demand for the greenback from state banks, dealers said.

Published 09 Dec, 2016 02:11pm

Financial

Sri Lanka rupee steady; exporter dollar sales offset bank demand

COLOMBO: The Sri Lankan rupee traded steady on Friday as exporter dollar sales offset demand for the greenback from state banks, dealers said.

Published 09 Dec, 2016 07:50am

Financial

China's yuan weakens on dollar demand after Nov drop in reserves

SHANGHAI: China's yuan weakened against the dollar on Thursday morning, weighed down by companies' demand for the US currency, traders said.

Published 08 Dec, 2016 09:43am

Financial

Asia FX pessimism ebbs on pause in dollar rally; yuan bearish bets near 2-month low

SINGAPORE: Sentiment towards emerging Asian currencies became less bearish in the last two weeks, a Reuters poll showed on Thursday, as the dollar pulled back from a sharp rally that followed Republican Donald Trump's surprise win in last month's

Published 08 Dec, 2016 08:34am

Financial

Euro edges higher, holds near 3-week high as focus shifts to ECB

SINGAPORE/TOKYO: The euro edged up and traded near a three-week high against the dollar on Thursday ahead of a European Central Bank policy decision, as the greenback lost momentum from the recent pull-back in U.

Published 08 Dec, 2016 08:22am

Financial

Sri Lankan rupee falls on importer dollar demand; stx flat

COLOMBO: The Sri Lankan rupee edged down on Monday, hurt by demand for dollar from importers on fears that economic policies of U.

Published 28 Nov, 2016 08:40am

Financial

China's yuan jumps on state bank buying, dollar weakness

SHANGHAI: State-owned Chinese banks sold dollars in the onshore spot market on Monday, in the wake of comments by a central banker that the yuan had the conditions to be stable and strong, two traders said.

Published 28 Nov, 2016 06:55am

Financial

Greenback retreats as Treasury yields dip, China banks seen selling dollars

SINGAPORE: Most emerging Asian currencies rose on Monday as the dollar retreated from a near 14-year high with sliding oil prices dragging US Treasury yields lower, while doubts remained over further appreciation in regional units.

Published 28 Nov, 2016 06:48am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand from importers who fear the economic policies of US President-elect Donald Trump could lead to a rise in the greenback and interest rates.

Published 25 Nov, 2016 05:28pm

Financial

Australian, NZ dollars at multi-month peak versus yen as yields climb

SYDNEY/WELLINGTON: The Australian dollar jumped on the Japanese yen on Friday as investors piled positions in high-yielding currencies with Aussie bond yields near 11-month highs, tracking US Treasuries.

Published 25 Nov, 2016 07:47am

Financial

China's yuan firms but set to weaken for 3rd straight week

SHANGHAI: China's yuan was headed for its third straight week of losses against the dollar on Friday, despite trading a touch stronger in the morning.

Published 25 Nov, 2016 07:36am

Financial

Sri Lankan rupee edges down on importer dollar demand; stx up

COLOMBO: The Sri Lankan rupee was trading weaker on Friday due to dollar demand from importers who fear the economic policies of US President-elect Donald Trump could lead to a rise in the greenback and interest rates.

Published 25 Nov, 2016 07:10am

Financial

Indian rupee hits record low as emerging market rout intensifies

MUMBAI: The Indian rupee fell to a record low of 68.

Published 24 Nov, 2016 09:51am

Financial

Sri Lankan rupee steady as exporter dollar sales offset importer demand

COLOMBO: The Sri Lankan rupee was steady on Thursday as dollar selling by exporters offset demand for the U.

Published 24 Nov, 2016 09:49am

Financial

China banks seen selling dollars to brake yuan slide as key support level eyed

SHANGHAI: Chinese state-owned banks sold dollars on Thursday as the yuan inched toward the psychological 7-per-dollar level, a level not seen in more than eight years, traders said.

Published 24 Nov, 2016 07:03am

Financial

Growing US tightening fears rattle Asia FX; yuan hits 8-1/2-year low

SINGAPORE: Emerging Asian currencies skidded on Thursday as views grew that the Federal Reserve will tighten more aggressively given solid US economic data, adding to pressure from higher Treasury yields and fears over Washington's trade protectionism

Published 24 Nov, 2016 07:01am

Financial

Dollar firms after upbeat US data raises rate hike expectations

TOKYO: The dollar firmed in Asian trading on Thursday after data suggesting a pickup in US economic growth early in the fourth quarter increased chances of the Federal Reserve raising interest rates.

Published 24 Nov, 2016 06:57am

Financial

China weakens yuan-dollar rate below 6.9 mark

SHANGHAI: China weakened the yuan's reference rate to beyond 6.

Published 24 Nov, 2016 06:07am

Financial

Sri Lanka shares fall for 8th session; tax proposals weigh

COLOMBO: Sri Lankan shares extended falls to an eighth session on Wednesday, posting their lowest close since April 7, as investor sentiment was hit by budget tax proposals, including revisions in corporate and withholding taxes.

Published 23 Nov, 2016 03:54pm

Financial

Australia, NZ dollars buoyed by commodities, carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Wednesday as less volatile markets, rising equities and bubbly commodities underpinned sentiment for carry trades.

Published 23 Nov, 2016 08:35am

Financial

Dollar clings near 13-1/2-year high, pauses after rally

SINGAPORE: The dollar hovered near a recent 13 1/2-year peak on Wednesday, taking a breather after surging on expectations that U.

Published 23 Nov, 2016 08:34am

Financial

US rate hike views enfeeble Asia FX; ringgit nears 14-month low

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the dollar hovered around a 13-1/2-year peak and as expectations grew that the Federal Reserve may raise interest rates further next year after an expected hike in December.

Published 23 Nov, 2016 08:33am

Financial

China's offshore yuan hits record low as signs of capital flight rattle traders

SHANGHAI: China's yuan weakened in a volatile morning session on Wednesday, with the offshore yuan falling to a record-low as traders grappled with signs of accelerating capital outflows in the wake of Republican Donald Trump's US election win.

Published 23 Nov, 2016 08:28am

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday due to dollar demand from importers on fears that US President-elect Donald Trump's policies would lead to a rise in rates and the greenback.

Published 22 Nov, 2016 01:54pm

Financial

Sri Lankan rupee weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee was trading weaker on Tuesday due to dollar demand from importers on fears that the U.

Published 22 Nov, 2016 06:53am

Financial

South Korean won, stocks up as dollar weakens in global markets

SEOUL: The South Korean won and shares erased recent sharp losses on Tuesday as the greenback took a pause in global markets after its near 10-day rally.

Published 22 Nov, 2016 06:52am

Financial

South Korea won, stocks rise as greenback takes a pause

SEOUL: The South Korean won and shares both strengthened early on Tuesday as the US dollar took a breather as investors pocketed gains from the greenback's recent rally.

Published 22 Nov, 2016 06:35am

Financial

Australia, NZ dollars find relief as US juggernaut pauses

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged higher on Tuesday as their U.

Published 22 Nov, 2016 06:33am

Financial

Dollar retreats from 13 1/2-year high, pauses after rally

SINGAPORE/TOKYO: The dollar took a breather on Tuesday as investors consolidated the gains built on expectations of increased fiscal spending and higher inflation under a Trump administration.

Published 22 Nov, 2016 06:29am

Financial

Dollar retreat gives Asia FX short-lived painkiller; yuan rebounds

SINGAPORE: Most emerging Asian currencies rose on Tuesday as the dollar snapped its 10-day winning streak and investors took profit amid concerns over higher US Treasury yields and the growing risk of trade protectionism.

Published 22 Nov, 2016 06:26am

Financial

China's yuan pulls up, but still near 8-1/2-year lows; outlook bearish

SHANGHAI: China's yuan firmed against the dollar on Tuesday, but still hovered near 8-1/2-year lows, as the outlook for the greenback remained bullish after a relentless rally over the past several days in the wake of Republican Donald Trump's US

Published 22 Nov, 2016 05:54am

Financial

Sri Lankan rupee firmer after IMF loan

COLOMBO: The Sri Lankan rupee ended firmer on Monday as exporter dollar sales surpassed early greenback demand from importers on worries capital outflows would increase as incoming US President Donald Trump's policies were seen guiding US rates higher

Published 21 Nov, 2016 02:35pm

Financial

Asia FX hit by rising dollar, US yields; ringgit at 13-month low

SINGAPORE: Most emerging Asian currencies eased on Monday as the dollar stood tall on rising US Treasury yields and strengthening expectations for expansionary economic policies under a Trump administration.

Published 21 Nov, 2016 05:08am

Financial

China's yuan weakens to nearly 8-1/2 year lows

SHANGHAI: China's yuan weakened to near its lowest in 8 1/2 years on Monday, weighed down by the dollar's continuing strength as overseas investors bet the Trump administration will implement expansionary fiscal policies.

Published 21 Nov, 2016 05:04am

Financial

Sri Lankan rupee falls on capital outflow fears

COLOMBO: The Sri Lankan rupee ended weaker on Friday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a strong dollar.

Published 18 Nov, 2016 01:50pm

Financial

Sri Lankan rupee edges down on capital outflow fears

COLOMBO: The Sri Lankan rupee fell on Friday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a strong dollar.

Published 18 Nov, 2016 08:28am

Financial

Dollar hits 13-1/2 year high, US bond yields gain on Trump stimulus bets

TOKYO: The dollar sprinted to a more than 13-1/2 year high against a basket of major currencies on Friday and US debt yields hit near one-year highs on expectations that President-elect Donald Trump's policies will boost the US economy.

Published 18 Nov, 2016 08:06am

Financial

Sri Lankan rupee closes little changed amid capital outflow worries

COLOMBO: The Sri Lankan rupee ended little changed on Thursday amid persistent worries about capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a stronger greenback, while dollar selling by a st

Published 17 Nov, 2016 03:20pm

Financial

Australia dollar falls on greenback strength, NZ$ climbs off floor

SYDNEY/WELLINGTON: The Australian dollar was pinned near two-month lows on Thursday as the greenback surged on bets inflation and interest rates will rise in the United States under President-elect Donald Trump.

Published 17 Nov, 2016 08:01am

Financial

South Korea won, stocks slip as investors show little appetite for risk

SEOUL: The South Korean won and shares eased early on Thursday as strong greenback dampened investor appetites for riskier assets.

Published 17 Nov, 2016 08:00am

Financial

China's yuan firms despite 10th straight weaker midpoint

HONG KONG: China's yuan firmed against the US dollar on Thursday even as the People's Bank of China set a weaker midpoint for the 10th consecutive day.

Published 17 Nov, 2016 07:50am

Financial

Ringgit leads Asia FX losses on Malaysian capital control fears

SINGAPORE: The Malaysian ringgit hit a 10-month low on Thursday with increasing fears of capital controls, while most other emerging Asian currencies eased ahead of US Federal Reserve Chair Janet Yellen's testimony later in the day.

Published 17 Nov, 2016 07:45am

Financial

Dollar stays near 13-1/2 year peak; BOJ bond operation weighs on yen

SINGAPORE/TOKYO: The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operat

Published 17 Nov, 2016 07:44am

Financial

Sri Lankan rupee slips on capital outflow fears; state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee edged lower on Thursday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher U.

Published 17 Nov, 2016 07:31am

Financial

Dollar slips off 11-month high; eyes on Trump, US yields

TOKYO/SINGAPORE: The dollar retreated from an 11-month high against a basket of currencies on Wednesday, taking a breather from a week-long rally driven by a rise in US bond yields after Donald Trump won the presidential election.

Published 16 Nov, 2016 09:04am

Financial

Australia, NZ dollars hold solid gains on yen and euro

SYDNEY: The Australian and New Zealand dollars probed multi-month peaks against the Japanese yen and the euro on Wednesday as a bounce in risk appetite saw investors amassing positions in high-yielding currencies.

Published 16 Nov, 2016 08:54am

Financial

Trade mixed despite dollar retreat; yuan hits 8-year low

SINGAPORE: Emerging Asian currencies were mixed on Wednesday as sentiment towards regional units stayed bearish on rising expectations of a US interest rate hike in a month's time.

Published 16 Nov, 2016 08:34am

Financial

Sri Lankan rupee falls on capital outflow fears; stocks weaker

COLOMBO: The Sri Lankan rupee was marginally weaker on Wednesday on fears that higher interest rates in the U.

Published 16 Nov, 2016 08:31am

Financial

Yuan falls to 8-year low as China-critic Trump prepares to take office

HONG KONG: China's yuan weakened to an eight-year low on Wednesday as expectations of higher US interest rates buoyed the dollar, putting Beijing's commitment to market-oriented reforms in the spotlight as fierce critic Donald Trump prepares to ta

Published 16 Nov, 2016 08:14am

Financial

China's yuan falls to near 8-year low as dollar advances

HONG KONG: China's yuan fell to its lowest level in nearly eight years and on Tuesday as the dollar climbed on expectations of higher interest rates under President-elect Donald Trump.

Published 15 Nov, 2016 08:09am

Financial

Dollar trades in sight of 13-1/2 year peak, US bond yields soar

TOKYO: The dollar traded within sight of its highest level in more than 13-1/2 years on Tuesday as bond yields soared on expectations that President-elect Donald Trump's economic policies will fuel inflation.

Published 15 Nov, 2016 07:56am

Financial

Fragile Asia FX rebound fails to ease rising US yield concerns

SINGAPORE: Most emerging Asian currencies edged up on Tuesday after their sharp sell-off, but the outlook for the region remains bearish as the dollar hovered around a 14-year peak on rising US Treasury yields.

Published 15 Nov, 2016 07:46am

Financial

Sri Lankan rupee eases on importer dollar demand

COLOMBO: The Sri Lankan rupee was slightly weaker on Tuesday on importer dollar demand and in line with declines in emerging market currencies that fell on investor fears that higher U.

Published 15 Nov, 2016 07:42am

Financial

South Korean won slightly higher, stocks edge down; Park woes deepen

SEOUL: The South Korean won ended a bit higher on Tuesday, recouping some of the losses from the past four sessions of decline as investors hunted for bargains.

Published 15 Nov, 2016 07:40am

Financial

NZD up 1.47pc in early Asia-Pacific trade

WELLINGTON: The New Zealand dollar rallied 1.47 percent to be quoted at $0.7293 in early Asia-Pacific trading on Thursda

Published 02 Nov, 2016 07:34pm

Financial

Australia dollar loses another bout with 77 cent barrier, NZ$ steady

SYDNEY/WELLINGTON: The Australian dollar ticked lower on Thursday as a two-day rally fizzled out in the face of stubborn

Published 27 Oct, 2016 06:37am

Financial

Aussie shines after inflation data, dollar retreats from highs

LONDON: The Australian dollar was an outperformer on Wednesday, bucking a broad risk averse environment in global market

Published 26 Oct, 2016 08:00am

Financial

Australia dollar holds line before CPI test, Kiwi muted

SYDNEY/WELLINGTON: The Australian dollar held steady on Tuesday ahead of inflation data that is expected to dim prospect

Published 25 Oct, 2016 06:59am

Financial

Australian, NZ dollars lose ground on Fed rate bets

SYDNEY/WELLINGTON: The Australian dollar was a touch weaker on Monday after hefty losses in the last two sessions on gro

Published 24 Oct, 2016 06:40am

Financial

Australia dollar snaps 6-day rally on jobs blow, NZ$ climbs

SYDNEY/WELLINGTON: The Australian dollar came off a six-week high on Thursday after a surprisingly weak employment repor

Published 20 Oct, 2016 08:11am

Financial

Australia, NZ dollars climb as risk-on mood lingers

SYDNEY/WELLINGTON: The Australian and New Zealand dollars jumped on Tuesday on rising appetite for the high-yielding cur

Published 18 Oct, 2016 07:04am

Financial

Australia dollar slips on weak China data, NZ$ at 2-1/2 month lows

SYDNEY: The Australian dollar slipped on Thursday as data showing a sharp decline in Chinese exports fuelled a broader r

Published 13 Oct, 2016 06:49am

Financial

Australian dollar rises on strong retail sales, NZ$ at 7-week lows

SYDNEY/WELLINGTON: The Australian dollar edged ahead on Wednesday as investors cheered better-than-expected retail sales

Published 05 Oct, 2016 07:28am

Financial

Australian dollars unruffled by RBA, kiwi slightly firmer

SYDNEY/WELLINGTON: The Australian dollar held near one-month highs as investors shrugged off a widely expected move by t

Published 04 Oct, 2016 06:55am

Financial

Australia, NZ dollars mark time before Tuesday's RBA policy review

SYDNEY/WELLINGTON: The Australian and New Zealand dollars marked time on Monday as global sentiment remained hostage to

Published 03 Oct, 2016 06:47am

Financial

Australia, NZ dollars rise as oil prices rally

SYDNEY/WELLINGTON: The Australian dollar climbed to a three-week high on Thursday, making its fourth straight day of gai

Published 29 Sep, 2016 07:13am

Financial

Australia, NZ dollars rise as markets judge Clinton winner in US debate

SYDNEY/WELLINGTON: The Australian dollar bounced from early losses on Tuesday as investors seemed to judge Democrat Hill

Published 27 Sep, 2016 07:01am

Financial

Australia, NZ dollars inch higher, eyes on cenbank meetings

SYDNEY/WELLINGTON: The Australian dollar briefly nudged higher on Tuesday after the country's central bank hinted at

Published 20 Sep, 2016 07:13am

Financial

Australian dollar near 1-week high; Fed and BOJ in focus

SYDNEY/WELLINGTON: The Australian dollar traded near one-week highs on Monday as its U.S counterpart slipped with few ex

Published 19 Sep, 2016 07:51am

Financial

Australia dollar slightly firmer after China data, NZ dollar up

SYDNEY/WELLINGTON: The Australian dollar got a small lift on Thursday after China's August imports unexpectedly rose

Published 08 Sep, 2016 07:43am

Financial

Australian dollar pauses after 5-day rally; NZ firm

SYDNEY/WELLINGTON: The Australian dollar paused on Wednesday after a strong rally overnight as downbeat economic figures

Published 07 Sep, 2016 06:29am

Financial

Australian dollar near 1-month lows, NZD boosted by business confidence

SYDNEY/WELLINGTON: The Australian dollar traded near one-month lows on Wednesday after upbeat U.S. data added to the ris

Published 31 Aug, 2016 09:19am

Financial

Australia, NZ dollars fall on US rate concerns, then pare losses

SYDNEY/WELLINGTON: The Australian dollar fell to its lowest level in nearly a month after traders wagered on a U.S. inte

Published 29 Aug, 2016 06:54am

Financial

Australia, NZ dollars slide on negative outlook for bank ratings

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were knocked lower on Friday after ratings agency Moody's

Published 19 Aug, 2016 07:11am

Financial

Australia, NZ dollars rally on jobs report, Fed

SYDNEY/WELLINGTON: The Australian dollar received a fillip on Thursday after better-than-expected domestic jobs figures

Published 18 Aug, 2016 12:01pm

Financial

Australia dollar steady near 3-week high, NZ$ falls

SYDNEY/WELLINGTON: The Australian dollar held onto recent gains on Monday, staying near a three-week high as investors s

Published 08 Aug, 2016 07:19am

Financial

Australia dollar up on sterling ahead of BoE; NZ$ off lows

SYDNEY/WELLINGTON: The Australian dollar gained on the British pound on Thursday as investors braced for a Bank of Engla

Published 04 Aug, 2016 06:33am

Financial

Australia dollar holds ground as yield chase continues

SYDNEY/WELLINGTON: The Australian dollar held its gains on Wednesday as yield-hungry investors continued to pour money i

Published 03 Aug, 2016 06:46am

Financial

Australian dollar defies rate cut, NZ$ looks to global dairy auction

SYDNEY/WELLINGTON: The Australian dollar proved remarkably resilient on Tuesday as investors brushed aside a cut in rate

Published 02 Aug, 2016 08:30am

Financial

Australia dollar set for worst week in 2-1/2 months; NZ$ ailing

SYDNEY/WELLINGTON: The Australian dollar appeared to be heading for its largest weekly fall in 2-1/2 months on Friday as

Published 22 Jul, 2016 07:25am

Financial

New Zealand dollar tumbles 1pc on RBNZ statement

WELLINGTON: The New Zealand dollar was trading 1 percent lower at US$0.6954 after the central bank signalled more rate

Published 20 Jul, 2016 10:34pm

Financial

Australian dollar boosted by jobs news, NZ$ hit by rate cut talk

SYDNEY/WELLINGTON: The Australian dollar inched higher on Thursday after domestic data showed an encouraging jump in ful

Published 14 Jul, 2016 06:48am

Financial

Australia, NZ dollars hold gains as commodities rally

SYDNEY/WELLINGTON: The Australian dollar held firm on Wednesday after hitting a three-month top, while its New Zealand c

Published 13 Jul, 2016 06:37am

Financial

Australia, NZ dollar slightly higher after losing ground overnight

WELLINGTON: The Australian and New Zealand dollars were slightly higher Tuesday, paring some overnight losses after the

Published 12 Jul, 2016 06:29am

Financial

NZ dollar pauses after impressive rally, AUD lags

SYDNEY/WELLINGTON: The New Zealand dollar took a small step back from one-year highs against the greenback and euro on M

Published 11 Jul, 2016 06:33am

Financial

Australia dollar subdued, RBA provides the briefest of boosts

SYDNEY/WELLINGTON: The Australian dollar staged a fleeting rally on Tuesday after the central bank gave no clear guidanc

Published 05 Jul, 2016 06:24am

Financial

Aussie dollar bounces back after initial wobble on post-vote uncertainty

SYDNEY/WELLINGTON: The Australian dollar staged an impressive rebound on Monday, after slumping as much as a cent follow

Published 04 Jul, 2016 05:27am

Financial

Australia, NZ dollars hold onto hefty gains for June

SYDNEY/WELLINGTON: The Australian and New Zealand dollars found support on Thursday as the global appetite for risk asse

Published 30 Jun, 2016 05:19am

Financial

Australia, NZ stocks finish up as hopes of stimulus soothe Brexit fears

MELBOURNE: Australian shares climbed 0.8 percent on Wednesday as global markets regained some semblance of stability fol

Published 29 Jun, 2016 08:06am

Financial

Australia, NZ dollars steadier as some semblance of calm returns

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stayed defensive on Monday but without the stomach-churning vo

Published 27 Jun, 2016 04:56am

Financial

Australia, NZ dollar bulls pin hopes on Britain staying in EU

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stayed firm on Thursday, with the kiwi a whisker short of a on

Published 23 Jun, 2016 07:47am

Financial

Chirpy Aussie dollar flirts with 75 cents, kiwi muted

SYDNEY/WELLINGTON: The Australian dollar flirted with a two-week high near 75 U.S. cents on Tuesday, after the country&#

Published 21 Jun, 2016 10:07am

Financial

India markets fall after RBI Rajan's surprise move to quit in September

NEW DELHI/MUMBAI: India's rupee fell to a near one-month low and bonds weakened on Monday after central bank governo

Published 20 Jun, 2016 07:56am

Financial

South Korean won, stocks hit 1-week highs, investors rediscover risk appetite

SEOUL: The South Korean won and shares strengthened to one-week highs on Monday as investors rediscovered their appetite

Published 20 Jun, 2016 06:43am

Financial

Sterling rallies as polls favour Britain remaining in EU, yen slips

TOKYO/SYDNEY: Sterling rallied on Monday as opinion polls swung in favour of British voters opting to remain in the Euro

Published 20 Jun, 2016 06:43am

Financial

Sri Lankan rupee 1-week forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee one-week forwards traded weaker on Monday due to importer dollar demand while dealers said the

Published 20 Jun, 2016 06:42am

Financial

South Korea won, shares rise as Brexit worries fade

SEOUL: The South Korean won and shares rose early on Monday as improved prospects for Britain to remain in the European

Published 20 Jun, 2016 05:25am

Financial

Sterling rallies as polls favour Britain remaining in EU, yen sags

TOKYO/SYDNEY: Sterling rallied on Monday as opinion polls swung in favour of British voters opting to remain in the Euro

Published 20 Jun, 2016 05:20am

Financial

Australia, NZ dollars rise as Brexit anxiety eases slightly

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose against the greenback and yen on Monday, underpinned by i

Published 20 Jun, 2016 05:16am

Financial

India markets fall after RBI Rajan's surprise move to quit in Sept

NEW DELHI/MUMBAI: India's rupee slipped to its weakest in nearly a month, while stocks fell and bond yields rose aft

Published 20 Jun, 2016 05:10am

Financial

China's yuan firms as dollar falls, eyes on Britain's EU referendum

SHANGHAI: China's yuan strengthened versus the dollar on Monday, buoyed by a fall for the greenback in global market

Published 20 Jun, 2016 05:08am

Financial

Pound extends rally in Asia as Brexit fears ease

TOKYO: The pound extended its rally in Asian trade Monday as investors swung their bets to Britain voting to remain in t

Published 20 Jun, 2016 04:51am

Financial

Sri Lankan rupee 1 week forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee one-week forwards ended weaker on Friday due to mild dollar demand from importers while dealer

Published 17 Jun, 2016 01:26pm

Financial

Most Asian currencies down on the week on Brexit jitters

SINGAPORE: Asian currencies were generally steady versus the dollar on Friday, but most were on track for weekly losses

Published 17 Jun, 2016 08:47am

Financial

Pound recovers as British anti-EU vote hit by MP shooting

TOKYO: The pound rose with Asian stocks Friday after the previous day's selloff, as the killing of a British lawmake

Published 17 Jun, 2016 06:47am

Financial

Sri Lankan shares end 1pc lower on move to tax capital gains

COLOMBO: Sri Lankan shares fell 1 percent on Thursday to hit their lowest closing level in more than seven weeks as conc

Published 16 Jun, 2016 01:24pm

Financial

Sri Lankan rupee 1 week forwards edge up; dollar demand weighs

COLOMBO: Sri Lankan rupee one-week forwards ended slightly firmer on Thursday amid dollar demand by importers and foreig

Published 16 Jun, 2016 01:11pm

Financial

China's yuan holds above 5-year lows, modest declines seen this year

HONG KONG/SHANGHAI: China's yuan held above recent five-year lows on Thursday as a more cautious U.S. interest rate

Published 16 Jun, 2016 10:24am

Financial

Yen surges broadly as BOJ holds off from easing

SINGAPORE: The dollar hit a 21-month low against the yen on Thursday as the yen surged broadly after the Bank of Japan h

Published 16 Jun, 2016 06:54am

Financial

Brexit fears pare gains made on Fed talk; down vs yen on BOJ

SINGAPORE: Most emerging Asian currencies edged up on Thursday after the US Federal Reserve signalled a cautious approac

Published 16 Jun, 2016 06:53am

Financial

Sri Lankan rupee 1-week forwards little changed; dollar demand weighs

COLOMBO: Sri Lankan rupee one-week forwards were little changed on Thursday amid dollar demand by importers and foreign

Published 16 Jun, 2016 06:43am

Financial

South Korea won nearly steady after Fed as Brexit eyed; stocks down

SEOUL: The South Korean won was trading nearly flat early on Thursday after the US Federal Reserve held rates for anothe

Published 16 Jun, 2016 05:40am

Financial

Dollar slides vs yen after BOJ holds off from easing

SINGAPORE: The dollar slid to a 21-month low against the yen on Thursday as the yen surged after the Bank of Japan held

Published 16 Jun, 2016 05:34am

Financial

China's yuan steady after rally, Fed caution keeps dollar pressured

SHANGHAI: China's yuan was steady against the dollar on Thursday after late-trade driven solid gains the previous da

Published 16 Jun, 2016 05:31am

Financial

China's yuan steady after rally, Fed caution keeps dollar pressured

SHANGHAI: China's yuan was steady against the dollar on Thursday after late-trade driven solid gains the previous da

Published 16 Jun, 2016 05:31am

Financial

Australia dollar hold gains after jobs and Fed, NZ dollar boosted by GDP

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains against the greenback on Thursday, buoyed by better

Published 16 Jun, 2016 05:29am

Financial

Yen soars to 21-month dollar high as BoJ holds fire on stimulus

TOKYO: The yen on Thursday powered to a 21-month high against the dollar after the Bank of Japan held fire on fresh stim

Published 16 Jun, 2016 05:14am

Financial

Yen soars as BoJ holds fire on stimulus

TOKYO: The yen on Thursday powered to a 21-month high against the dollar after the Bank of Japan held fire on fresh stim

Published 16 Jun, 2016 05:11am

Financial

Sri Lankan rupee 1 week forwards dip on foreign investor, importer demand

COLOMBO: Sri Lankan rupee one-week forwards edged down on Wednesday led by dollar demand by importers and foreigners aft

Published 15 Jun, 2016 01:24pm

Financial

China loosens forex rules on overseas debt funds

BEIJING: China will allow companies across the country more leeway in converting funds raised from overseas debt markets

Published 15 Jun, 2016 12:08pm

Financial

Sri Lankan rupee forwards dip on foreign investor, importer demand

COLOMBO: Sri Lankan rupee forwards edged down on Wednesday led by dollar demand by importers and foreigners after the re

Published 15 Jun, 2016 11:35am

Financial

Asia FX weakens on Brexit jitters, Fed; yuan hits 5-year low

SINGAPORE: Most emerging Asian currencies slumped on Wednesday, as growing Brexit fears dampened risk appetite while inv

Published 15 Jun, 2016 06:37am

Financial

Dollar ticks up ahead of Fed meeting outcome

TOKYO: The dollar edged higher Wednesday as the US central bank winds up its two-day policy meeting, but anxiety over Br

Published 15 Jun, 2016 05:52am

Financial

Australia, NZ dollar subdued on weak commodities, Brexit worries

SYDNEY/WELLINGTON: The Australian and New Zealand dollars sagged on Wednesday, weighed by falling commodity prices and t

Published 15 Jun, 2016 05:35am

Financial

South Korea won slips as safehaven demand rises on Brexit fears and Fed

SEOUL: The South Korean won fell early on Wednesday as investors continued their purchases of safehaven assets on Brexit

Published 15 Jun, 2016 05:30am

Financial

Negative bund yields pressure euro, Brexit vote looms, eyes on Fed

TOKYO: The euro nursed losses against the dollar on Wednesday as the benchmark German government bond yield turned negat

Published 15 Jun, 2016 05:27am

Financial

China's yuan hits 5-year low as Brexit fears roil global currency markets

SHANGHAI: The yuan hit a more than five-year low against the dollar on Wednesday as the greenback firmed amid growing fe

Published 15 Jun, 2016 05:18am

Financial

Sri Lankan rupee forwards end little changed; spot not traded

COLOMBO: Sri Lankan rupee forwards ended little changed on Tuesday, with some importer dollar demand emerging after a sh

Published 14 Jun, 2016 01:59pm

Financial

Sri Lankan rupee forwards little changed amid rising importer dollar demand

COLOMBO: Sri Lankan rupee forwards were little changed on Tuesday as demand for dollars from importers increased after a

Published 14 Jun, 2016 08:49am

Financial

Pound at two-month low, yen jumps on Brexit fears

TOKYO: The pound was at two month lows on Tuesday as worries over Britain voting to leave the European Union bolstered d

Published 14 Jun, 2016 06:43am

Financial

Australia, NZ dollars resilient to jitters over Brexit

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held their ground on Tuesday as their relatively high yielding

Published 14 Jun, 2016 06:11am

Financial

South Korea won flat, stocks down ahead of Fed decision

SEOUL: The South Korean won was flat early on Tuesday, and was expected to move narrowly as investors await the outcome

Published 14 Jun, 2016 06:10am

Financial

China's yuan inches lower on dollar demand ahead of Fed meeting

SHANGHAI: The yuan eased on Tuesday, pressured by robust dollar demand from corporate clients as the market turns its at

Published 14 Jun, 2016 06:02am

Financial

Pound wobbly, yen edges higher on mounting Brexit worries

TOKYO/SINGAPORE: The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hover

Published 14 Jun, 2016 05:54am

Financial

Brexit, Fed jitters lock in Asia FX; dips vs yen

SINGAPORE: Emerging Asian currencies on Tuesday took a breather as the US Federal Reserve starts a two-day policy meetin

Published 14 Jun, 2016 05:51am

Financial

Sri Lankan rupee up; exporter dollar sales outpace importer demand

COLOMBO: Sri Lankan rupee forwards ended higher on Monday as dollar conversions by foreign investors and exporters outpa

Published 13 Jun, 2016 12:27pm

Financial

Brexit, Fed caution dampen Asia FX; lose ground vs yen

SINGAPORE: Most emerging Asian currencies fell on Monday as anxiety grew ahead of a referendum of Britain's potentia

Published 13 Jun, 2016 06:36am

Financial

Sterling falls to 8-week low on Brexit anxiety, yen surges

TOKYO: The British pound fell to an eight-week low against the dollar and a three-year low against the yen on Monday as

Published 13 Jun, 2016 06:31am

Financial

Pound at two-month low on British EU exit fears

TOKYO: The pound dropped to a two-month low and the yen rallied Monday as jittery investors shifted into safer assets on

Published 13 Jun, 2016 06:08am

Financial

Sterling falls to 8-week low on Brexit anxiety, yen gains broadly

TOKYO: The British pound fell to an eight-week low against the dollar on Monday ahead of a referendum that could pull Br

Published 13 Jun, 2016 05:28am

Financial

Australia, NZ dollar steady but markets jittery over Brexit, Fed

WELLINGTON: The Australian and New Zealand dollars held steady on Monday as investors avoided taking major positions ami

Published 13 Jun, 2016 05:26am

Financial

China's yuan weakens, market awaits Fed, MSCI decisions

SHANGHAI: The yuan edged lower against the dollar as it resumed trading on Monday after an extended holiday weekend, pre

Published 13 Jun, 2016 05:16am

Financial

China's yuan trade system to open branches in London, New York

SHANGHAI: China's state-owned currency marketplace said on Sunday it was preparing to open branches in London and Ne

Published 12 Jun, 2016 05:15pm

Financial

Sri Lankan rupee rises on dollar conversions by exporters

COLOMBO: Sri Lankan rupee forwards rose on Friday as dollar conversions by foreign investors and banks surpassed importe

Published 10 Jun, 2016 11:49am

Financial

South Korean won, stocks weaken on dollar strength, but mark weekly gain

SEOUL: The South Korean won extended losses on Friday as the dollar strengthened broadly, but finished the week in posit

Published 10 Jun, 2016 08:19am

Financial

Sri Lankan rupee up as exporters, foreign investors convert dollars

COLOMBO: Sri Lankan rupee forwards edged up on Friday as dollar conversions by foreign investors and exporters surpassed

Published 10 Jun, 2016 08:16am

Financial

Yen rises as Fed meeting, Brexit fears stoke flight to safety

TOKYO: The yen strengthened Friday in Asia as investors shifted into safer investments ahead of central bank meetings in

Published 10 Jun, 2016 07:18am

Financial

Sri Lankan rupee rises on dollar conversions by exporters, banks

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar conversions by exporters and banks surpassed demand fo

Published 09 Jun, 2016 01:38pm

Financial

Sri Lankan rupee forwards edge up on exporter, bank dollar conversions

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar conversions by exporters and banks surpassed importer

Published 09 Jun, 2016 07:36am

Financial

South Korea rate cut dents won; Asia FX rides up on weak dollar

SINGAPORE: South Korea's won edged up but underperformed some emerging Asian currencies as the central bank unexpect

Published 09 Jun, 2016 07:12am

Financial

South Korean won pares some gains on rate cut, stocks reverse

SEOUL: The South Korean won closed nearly steady on Thursday after giving up earlier gains, reacting to the Bank of Kore

Published 09 Jun, 2016 07:05am

Financial

Kiwi hits year high, dollar down on fading rate-hike hopes

TOKYO: New Zealand's currency surged to a year high Thursday after the central bank left rates unchanged, while the

Published 09 Jun, 2016 06:38am

Financial

South Korea won fluctuates after the BOK cuts rates; stocks at 2016 high

SEOUL: The South Korean won fluctuated on Thursday morning after the Bank of Korea unexpectedly cut rates to a record lo

Published 09 Jun, 2016 06:20am

Financial

NZ dollar surges after RBNZ disappoints bears and doves

SYDNEY: The New Zealand dollar soared to its highest in a year on Thursday after the Reserve Bank of New Zealand (RBNZ)

Published 09 Jun, 2016 06:16am

Financial

New Zealand dollar surges on RBNZ surprise, greenback dips

SINGAPORE/TOKYO: The New Zealand dollar took centre stage on Thursday, surging to a one-year high after the Reserve Bank

Published 09 Jun, 2016 05:16am

Financial

Soft dollar supports Asia FX; China imports fuel some optimism

SINGAPORE: Most emerging Asian currencies rose on Wednesday as traders continued to unwind bearish bets on the US dollar

Published 08 Jun, 2016 07:55am

Financial

Dollar slips with focus on US, Japan central bank meetings

TOKYO: The dollar fell Wednesday as hopes for a Federal Reserve interest rate hike this month continued to fade, with US

Published 08 Jun, 2016 07:05am

Financial

South Korea won climbs to 5-week high on risk-on mood, stocks wobble

SEOUL: The South Korean won rose to its strongest intraday level in five weeks on Wednesday, as a weak US dollar and ris

Published 08 Jun, 2016 06:57am

Financial

Australia, NZ dollars near 1-month highs, RBNZ in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near one-month peaks on Wednesday, buoyed by monetary pol

Published 08 Jun, 2016 06:35am

Financial

China's yuan firms ahead of holiday, takes trade data in stride

SHANGHAI: The yuan edged up against the dollar on Wednesday on position adjustments ahead of the holiday weekend and due

Published 08 Jun, 2016 06:24am

Financial

Dollar index drifts to fresh 4-week lows

TOKYO: The dollar plumbed a fresh four-week trough against a basket of currencies on Wednesday, though better-than-expec

Published 08 Jun, 2016 06:18am

Financial

Sri Lankan rupee ends firmer on IMF loan, inflow hopes

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar conversions by exporters and banks outpaced importer dem

Published 07 Jun, 2016 01:13pm

Financial

China forex reserves fall to lowest level since 2011

SHANGHAI: China's foreign exchange reserves fell to $3.19 trillion in May, the central bank said Tuesday, marking th

Published 07 Jun, 2016 12:25pm

Financial

Sri Lankan rupee trades steady; seen rising on IMF loan, inflows

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as dollar conversions by exporters were offset by dollar demand b

Published 07 Jun, 2016 08:30am

Financial

Australian dollar jumps 1pc after shift in tone from RBA

LONDON: The Australian dollar gained 1 percent against its U.S. counterpart on Tuesday after the Reserve Bank of Austral

Published 07 Jun, 2016 08:28am

Financial

South Korea won, stocks jump to multi-week highs on Yellen remarks

SEOUL: The South Korean won and shares leapt to their highest levels in more than a month on Tuesday morning as comments

Published 07 Jun, 2016 07:33am

Financial

Yellen caution pushes Asia FX higher but sliding yuan limits gains

SINGAPORE: Most emerging Asian currencies extended gains on Tuesday after Federal Reserve Chair Janet Yellen's cauti

Published 07 Jun, 2016 07:16am

Financial

Dollar wallows near 4-week lows as Yellen sounds cautious note

TOKYO: The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after F

Published 07 Jun, 2016 07:15am

Financial

Australia dollar powers up after RBA squeezes doves

SYDNEY/WELLINGTON: The Australian dollar climbed to a one-month high on Tuesday after the Reserve Bank of Australia'

Published 07 Jun, 2016 07:09am

Financial

South Korean won, stocks end at multi-week highs as Fed turns cautious again

SEOUL: The South Korean won finished near a four-week high on Tuesday after comments by Federal Reserve Chair Janet Yell

Published 07 Jun, 2016 06:45am

Financial

China's yuan eases as corporate dollar demand offsets suspected intervention

SHANGHAI: The yuan edged lower against the dollar on Tuesday, as companies bought the greenback hovering near four-week

Published 07 Jun, 2016 06:30am

Financial

Emerging currencies rise after Yellen comments

TOKYO: Emerging market currencies rallied Tuesday after Federal Reserve boss Janet Yellen said any interest rate rise wo

Published 07 Jun, 2016 05:41am

Financial

Sri Lankan rupee, stocks firm up as IMF approves $1.5bn loan

COLOMBO: Sri Lankan stocks and currency gained on Monday as investor sentiment got a boost after the International Monet

Published 06 Jun, 2016 07:51am

Financial

Disappointing US jobs data powers Asia FX; Yellen next focus

SINGAPORE: Most emerging Asian currencies rallied on Monday as disappointing US jobs data dashed expectations of an immi

Published 06 Jun, 2016 07:42am

Financial

Emerging currencies rally on shock US jobs data

TOKYO: Emerging currencies surged against the dollar Monday as last week's dismal US jobs data reignited worries abo

Published 06 Jun, 2016 06:56am

Financial

Dollar bulls bruised by payrolls blow, Yellen in focus

SYDNEY/TOKYO: The dollar languished at more than three-week lows against a basket of major currencies on Monday after a

Published 06 Jun, 2016 06:30am

Financial

Australia, NZ dollar run into profit-taking, caution ahead of RBA

SYDNEY: The Australian and New Zealand dollars ran into profit-taking on Monday as sharp weekly gains left the currencie

Published 06 Jun, 2016 06:28am

Financial

China's yuan weakens on strong corporate dollar demand as greenback tumbles

SHANGHAI: The yuan eased on Monday as companies rushed to buy dollars after a disappointing job report cast doubt on a p

Published 06 Jun, 2016 06:27am

Financial

Sri Lankan rupee forwards end firmer on state bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Friday as a state-owned bank sold dollars to select traders amid mora

Published 03 Jun, 2016 12:46pm

Financial

Australia, NZ dollars calm, set to post weekly gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held steady, having proved resilient to broad US dollar streng

Published 03 Jun, 2016 11:34am

Financial

China's yuan eases as poll shows the currency to weaken further

SHANGHAI: The yuan eased against the dollar on Friday as a Reuters poll showed the Chinese currency wass expected to wea

Published 03 Jun, 2016 11:31am

Financial

Dollar edges down ahead of US jobs report

TOKYO: The dollar edged lower Friday as traders focus on US jobs data later in the day that will help the Federal Reserv

Published 03 Jun, 2016 08:24am

Financial

Rupiah recovers earlier losses from S&P's Indonesia rating; Asia FX up

SINGAPORE: The Indonesian rupiah recovered after falling to a four-month low on Thursday, hit after Standard & Poor&

Published 02 Jun, 2016 08:26am

Financial

Yen rallies on worries over economy, Britain's EU future

TOKYO: The yen rallied Thursday on worries about the Japanese economy and uncertainty over Britain's future in the E

Published 02 Jun, 2016 07:55am

Financial

Australia dollar dips on yen buying, but dairy supports NZ dollar

SYDNEY/WELLINGTON: The Australian dollar retreated from two-week highs on Thursday as sluggish factory activity across t

Published 02 Jun, 2016 07:10am

Financial

Yuan firms after US Treasury says to press China on FX policy

SHANGHAI: China's yuan firmed against the dollar on Thursday, as the greenback broadly fell in global markets and th

Published 02 Jun, 2016 07:04am

Financial

Sri Lankan rupee forwards slightly firmer on bank dollar sales

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as banks, led by state-owned lenders, sold dollars amid light de

Published 02 Jun, 2016 06:59am

Financial

South Korean won at 1-week high as exporters sell dollars, stocks firmer

SEOUL: The South Korean won extended gains on Thursday and finished at its highest level in a week as exporting companie

Published 02 Jun, 2016 06:51am

Financial

Dollar stays on defensive vs yen, sets 2-week low

SINGAPORE: The dollar touched a two-week low against the yen on Thursday, weighed down by ongoing uncertainty over wheth

Published 02 Jun, 2016 06:50am

Financial

Yen surges on Brexit fears, Tokyo delay on sales tax hike

TOKYO: The yen surged Wednesday as market sentiment soured on growing fears that Britain may leave the European Union an

Published 01 Jun, 2016 08:03am

Financial

Australia dollar jumps, bonds retreat after GDP stunner

SYDNEY/WELLINGTON: The Australian dollar powered up on Wednesday after economic growth easily beat expectations, prompti

Published 01 Jun, 2016 07:40am

Financial

South Korea won, stocks up slightly eyeing US Fed

SEOUL: The South Korean won and shares rose marginally early on Wednesday as mixed US economic data revived market jitte

Published 01 Jun, 2016 07:38am

Financial

China's yuan nears 5-year low as dollar strength persists

SHANGHAI: China's yuan edged down against the dollar on Wednesday, approaching its lowest reading since early 2011,

Published 01 Jun, 2016 07:30am

Financial

Dollar sits below 2-month high; Aussie buoyed by solid GDP

SINGAPORE/TOKYO: The dollar sat just below a two-month high against a basket of major currencies on Wednesday after a mi

Published 01 Jun, 2016 07:25am

Financial

Falling yuan, soft China PMIs drag emerging Asian FX lower

SINGAPORE: Most emerging Asian currencies turned weaker on Wednesday with China's yuan near a five-year low as soft

Published 01 Jun, 2016 06:24am

Financial

Yuan posts 2nd biggest monthly fall as Fed rate view heats up dollar

SHANGHAI: The yuan posted its second largest monthly fall on record against the dollar on Tuesday after the central bank

Published 31 May, 2016 09:36am

Financial

Australia dollar cheered by upbeat data, bond yields rise

SYDNEY/WELLINGTON: The Australian dollar rebounded from three-month lows and bond prices fell on Tuesday following encou

Published 31 May, 2016 06:35am

Financial

China's yuan weakens as Fed rate hike expectations grow

SHANGHAI: The yuan edged lower against the dollar on Tuesday, on track for it second largest monthly fall on record, aft

Published 31 May, 2016 06:29am

Financial

Dollar ticks up on rate-hike talk, exports lift Aussie

TOKYO: The dollar edged higher against the yen and euro Tuesday as traders weighed the impact of a likely US interest ra

Published 31 May, 2016 05:50am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on dollar demand from importers amid fears the currency could

Published 30 May, 2016 11:58am

Financial

Sri Lankan rupee forwards steady; stocks down

COLOMBO: Sri Lankan rupee forwards were steady on Friday in dull trading amid fears that the currency would weaken if th

Published 27 May, 2016 09:50am

Financial

Yen edges up after G7 vows against forex market intervention

TOKYO: The yen ticked up in thin trading against the dollar and euro Friday after the G7 reaffirmed previous commitments

Published 27 May, 2016 08:03am

Financial

China's yuan firms on stronger midpoint as dollar retreats

SHANGHAI: The yuan edged up against the dollar on Thursday, after the central bank fixed a firmer midpoint as the dollar

Published 26 May, 2016 02:10pm

Financial

Yen soars as jittery markets await Yellen, Japan tax decision

TOKYO: The yen surged on Thursday, taking some of the wind out of the sails of the recently buoyant dollar and prompting

Published 26 May, 2016 02:07pm

Financial

Mystery yen jump turns back dollar rally

LONDON: An early surge in the yen in Asia on Thursday put a dampener on any further progress for the dollar after a bull

Published 26 May, 2016 09:04am

Financial

Malaysian ringgit leads emerging units higher as oil rises

TOKYO: Higher-yielding currencies in Asia moved higher against the dollar Thursday, as sentiment in emerging markets pic

Published 26 May, 2016 07:47am

Financial

Sri Lankan rupee forwards down on importer dollar demand; stocks up

COLOMBO: Sri Lankan rupee forwards edged down on Wednesday due to importer dollar demand amid expectations that the curr

Published 25 May, 2016 09:33am

Financial

Yuan weakens, midpoint set at 5-year low as bets on Fed rate hike increase

SHANGHAI: The yuan eased to within a whisker of its early February trough on Wednesday, after the central bank fixed the

Published 25 May, 2016 08:17am

Financial

Strong equities support Asia FX; yuan, Fed rate view check gains

SINGAPORE: Most emerging Asian currencies rose on Wednesday, tracking stronger equities, while a weak Chinese yuan and e

Published 25 May, 2016 08:16am

Financial

Dollar edges lower, remains underpinned by robust US housing data

TOKYO: The dollar hit a two-month peak against its basket of peer currencies on Wednesday, boosted by robust US housing

Published 25 May, 2016 08:07am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday as dollar demand from importers offset selling by banks, amid

Published 24 May, 2016 01:38pm

Financial

Aussie tumbles on talk of more interest rate cuts

LONDON: The Australian dollar fell to a 2-1/2-month low on Tuesday on talk that the Reserve Bank of Australia (RBA) migh

Published 24 May, 2016 09:32am

Financial

Emerging currencies tumble on sinking sentiment

TOKYO: Emerging Asian currencies, from the Malaysian ringgit to the South Korean won, weakened Tuesday as falling oil pr

Published 24 May, 2016 08:38am

Financial

Yen picks up after G7 currency clash

TOKYO: The yen picked up Monday after the G7 wagged its finger at Japan over threats to weaken its currency, reminding T

Published 23 May, 2016 08:43am

Financial

US presses Japan on forex market intervention threat

SENDAI: US Treasury Secretary Jacob Lew kept up the pressure on Japan Saturday not to devalue its currency after repeate

Published 21 May, 2016 09:35am

Financial

Dollar firm against euro, yen as G7 finance chiefs meet

TOKYO: The dollar was little changed Friday, holding gains against the euro while rising against the yen as a G7 finance

Published 20 May, 2016 08:28am

Financial

Dollar soars against emerging currencies after Fed minutes

TOKYO: The dollar soared against emerging market currencies on Thursday as investors sought safety after minutes showed

Published 19 May, 2016 08:01am

Financial

Sri Lankan rupee forwards firm up; stocks rise

COLOMBO: Sri Lankan rupee forwards edged up on Wednesday as dealers were reluctant to trade at levels lower than 147.00

Published 18 May, 2016 11:13am

Financial

Increasing prospects of Fed hikes drag Asia FX down

SINGAPORE: Emerging Asian currencies slid on Wednesday as expectations of US interest rate hikes increased on solid econ

Published 18 May, 2016 10:26am

Financial

Dollar pares losses after upbeat Japan GDP lifts yen

TOKYO: The yen firmed against the dollar on Wednesday after data showed Japan's economy unexpectedly expanded at the

Published 18 May, 2016 10:25am

Financial

Dollar steady, awaits Japan GDP for cues

TOKYO: The dollar held steady on Wednesday, awaiting the Japanese gross domestic product data due later in the day for c

Published 18 May, 2016 08:23am

Financial

Yen gains after upbeat Japan GDP pares stimulus bets

TOKYO: The yen gained against the dollar and the euro on Wednesday, after data showed Japan's economy expanded at th

Published 18 May, 2016 08:20am

Financial

Australia, NZ dollars run into stiff resistance, Fed speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell on Wednesday as a bounce from recent lows was stymied by

Published 18 May, 2016 08:14am

Financial

China's yuan eases, market prices in Fed hike prospects

SHANGHAI: The yuan eased against the dollar to hover near its two-month trough on Wednesday, as companies rushed to buy

Published 18 May, 2016 08:04am

Financial

Dollar rallies on US interest rate hike talk

TOKYO: The dollar rallied broadly in Asia on Wednesday as a string of US economic data and bullish commentary from two F

Published 18 May, 2016 06:59am

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on dollar demand from importers, but the decline was limited d

Published 16 May, 2016 02:02pm

Financial

China commercial banks sell net $23.7bn of forex in April

BEIJING: China's commercial banks sold a net $23.7 billion of foreign exchange in April, compared with a net sale of

Published 16 May, 2016 10:39am

Financial

South Korean won finishes at 1-month low, stocks wobble

SEOUL: The South Korean won eased to a one-month low on Monday as weak Chinese economic data boosted global aversion to

Published 16 May, 2016 08:24am

Financial

Yen slips on sales tax delay report

TOKYO: The yen slipped Monday on speculation Tokyo will postpone a sales tax rise to avoid denting Japan's already f

Published 16 May, 2016 06:28am

Financial

Yen edges up, markets eye Bank of Japan stimulus

TOKYO: The yen edged higher Friday even as the Bank of Japan's chief repeated a pledge that he was ready to unleash

Published 13 May, 2016 07:15am

Financial

Dollar little changed against euro, pound as focus on Brexit

TOKYO: The dollar was little changed against the euro and pound but rose against the yen in Asian trade on Thursday with

Published 12 May, 2016 08:14am

Financial

Yen claws back after drop on intervention threats

TOKYO: The yen clawed back some lost ground Wednesday after it slid on Japanese officials' repeated warnings that th

Published 11 May, 2016 07:59am

Financial

Sri Lankan rupee steady in dull trade; stocks up

COLOMBO: The Sri Lankan rupee was steady in dull trade on Tuesday, dealers said, adding that expected fund inflows in th

Published 10 May, 2016 08:15am

Financial

South Korean won ends lowest in 2 months, stocks up

SEOUL: The South Korean won marked a fourth losing session on Tuesday and closed at its lowest level since March 17, 201

Published 10 May, 2016 08:06am

Financial

Yen slips on intervention threat, peso up after Philippine vote

TOKYO: The yen weakened Tuesday as Japanese officials ramped up a bid to tame the surging currency, while the Philippine

Published 10 May, 2016 07:00am

Financial

Sri Lankan rupee edges lower on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Monday due to mild importer dollar demand, dealers said, adding downward pre

Published 09 May, 2016 12:57pm

Financial

Yen slips as Japanese officials move to stem rally

TOKYO: The yen slipped Monday as Tokyo officials kept up their war of words in a bid to tame the surging currency, while

Published 09 May, 2016 10:09am

Financial

Dollar holds up ahead of key US jobs data

TOKYO: The dollar held its gains Friday as dealers await US jobs data, after Japan's prime minister left open the do

Published 06 May, 2016 07:10am

Financial

China's yuan firms on corporate demand, market shrugs off 1-month low midpoint

SHANGHAI: The yuan edged up against the dollar on Friday on yuan demand from banks and their corporate clients, shruggin

Published 06 May, 2016 07:00am

Financial

Dollar up as US data, Japan intervention talk follow rate comments

SINGAPORE: The dollar strengthened against the yen in Asia Thursday as upbeat US data and speculation of a Japanese inte

Published 05 May, 2016 09:32am

Financial

Sri Lankan rupee falls slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee fell marginally against the dollar on Wednesday as demand for the greenback from importers

Published 04 May, 2016 02:16pm

Financial

China cuts yuan fix in biggest move since devaluation

SHANGHAI: China's central bank on Wednesday fixed the yuan currency nearly 0.60 percent weaker against the US dollar

Published 04 May, 2016 10:12am

Financial

Dollar climbs as Fed officials talk up rate hike

SINGAPORE: The dollar rallied Wednesday after comments by two regional Fed officials stoked speculation the US central b

Published 04 May, 2016 08:18am

Financial

Sri Lanka rupee up on IMF loan, bond issue boost

COLOMBO: The Sri Lankan rupee edged higher on Tuesday as a loan agreement with the International Monetary Fund last week

Published 03 May, 2016 03:02pm

Financial

Yen hits 18-month high; Aussie slides as RBA eases policy

SINGAPORE: The yen hit a fresh 18-month high against the US dollar on Tuesday and jumped against the Australian dollar,

Published 03 May, 2016 07:16am

Financial

Australia dollar sunk by RBA rate cut, drags on NZ$

SYDNEY/WELLINGTON: The Australian dollar took a spill on Tuesday after the Reserve Bank of Australia (RBA) surprised som

Published 03 May, 2016 07:14am

Financial

Dollar slips as US data lower rate hike expectations

SINGAPORE: The dollar extended its losses against the yen and euro Tuesday as fresh data indicating a slowdown in the US

Published 03 May, 2016 06:38am

Financial

Yen rally eases after Tokyo hints at intervention

TOKYO: The yen's soaring rally took a breather in Asian trading Monday after Japanese finance minister Taro Aso warn

Published 02 May, 2016 07:03am

Financial

Sri Lankan rupee rises after IMF loan announcement

COLOMBO: Sentiment on the Sri Lankan rupee improved on Friday, as reflected in the forwards market, after the Internatio

Published 29 Apr, 2016 01:59pm

Financial

China raises yuan rate by most in 11 years

SHANGHAI: China on Friday raised the exchange rate for the yuan currency against the US dollar by 0.56 percent from the

Published 29 Apr, 2016 10:54am

Financial

Yen hits 18-month high against dollar, eyes on Bank of Japan

HONG KONG: The yen pushed back to 18-month highs against the dollar on Friday as a weak US economic growth reading compo

Published 29 Apr, 2016 10:54am

Financial

Aussie plunges, Fed eyed for dollar direction

LONDON: Australia's dollar plunged by almost 2 percent on Wednesday after data showed consumer prices fell unexpecte

Published 27 Apr, 2016 01:30pm

Financial

Sri Lankan 5-day rupee forwards end firmer on bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards ended slightly firmer on Wednesday due to dollar sales by foreign banks, whi

Published 27 Apr, 2016 12:49pm

Financial

Dollar weakens ahead of Fed policy decision

TOKYO: The dollar fell on Wednesday as traders look to a Federal Reserve policy meeting for more clues about its timelin

Published 27 Apr, 2016 08:10am

Financial

Sri Lankan 5-day rupee forwards end slightly weaker on dollar demand

COLOMBO: Sri Lankan five-day rupee forwards edged lower despite a state-run bank selling dollars to offset greenback dem

Published 26 Apr, 2016 12:56pm

Financial

Dollar slips ahead of US, Japan central bank meetings

TOKYO: The dollar weakened against its major peers Tuesday ahead of a Federal Reserve meeting as the shaky global econom

Published 26 Apr, 2016 07:30am

Financial

Sri Lankan five-day rupee forwards firmer on bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar sales by a foreign bank outpaced importer deman

Published 25 Apr, 2016 02:35pm

Financial

Sri Lankan five-day rupee forwards steady on importer dollar demand

COLOMBO: Sri Lankan five-day rupee forwards traded steady on Monday as importer dollar demand offset the greenback sales

Published 25 Apr, 2016 10:03am

Financial

Yen rebounds as focus turns to Bank of Japan meeting

TOKYO: The yen rebounded Monday, with analysts saying last week's dive on a report that the Bank of Japan was consid

Published 25 Apr, 2016 06:40am

Financial

Yen dives on report BoJ looking at financial firms support

TOKYO: The yen sank Friday on a report that Japan's central bank may take steps to support major financial instituti

Published 22 Apr, 2016 07:31am

Financial

South Korean won inches up while ECB meeting eyed; stocks rise

SEOUL: The South Korean won strengthened slightly on Thursday, its third straight day of gains, while traders awaited de

Published 21 Apr, 2016 09:12am

Financial

Euro rangebound ahead of ECB meeting

TOKYO: The euro dipped in Asia on Thursday ahead of a closely watched European Central Bank policy meeting later in the

Published 21 Apr, 2016 08:00am

Financial

Euro wobbles as ECB looms, gives dollar a break

SYDNEY: The euro remained on the defensive early on Thursday, having made an about-face as investors adjusted positions

Published 21 Apr, 2016 05:12am

Financial

South Korea won moves gingerly ahead of ECB decision; stocks edge up

SEOUL: The South Korean won zigzagged in and out of negative territory on Thursday as a wait-and-see mood spread ahead o

Published 21 Apr, 2016 04:48am

Financial

China's yuan edges lower as dollar rebounds

SHANGHAI: The yuan eased against the dollar on Thursday, after the central bank fixed a softer midpoint as the dollar in

Published 21 Apr, 2016 04:17am

Financial

EM ASIA FX: Firm dollar hurts Asia FX; baht underperforms after Thai central bank warning

SINGAPORE: Emerging Asian currencies slid on Thursday as broad strength in the dollar prompted traders to book profits f

Published 21 Apr, 2016 04:12am

Financial

Sri Lanka 5-day rupee forwards end firmer on state bank dollar selling

COLOMBO: Sri Lankan five-day rupee forwards ended slightly firmer on Wednesday on selective dollar selling by a state ba

Published 20 Apr, 2016 01:51pm

Financial

Yen picks up as falling oil prices dent sentiment

TOKYO: The yen picked up Wednesday as caution returned to markets after oil prices resumed their slide, while traders sp

Published 20 Apr, 2016 07:50am

Financial

HKEx to launch more yuan currency futures contracts by June

HONG KONG: The Hong Kong Exchanges and Clearing Limited plans to introduce additional Renminbi currency futures contract

Published 20 Apr, 2016 06:54am

Financial

South Korean won cuts gains on increased dollar demand; stocks reverse

SEOUL: The South Korean won cut early gains as dollar demand increased on foreigners' repatriation of dividend payou

Published 20 Apr, 2016 06:27am

Financial

Australia, NZ dollars carried by yield play

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood near 10-month peaks on Wednesday after fading concerns a

Published 20 Apr, 2016 03:57am

Financial

Sri Lanka 5-day rupee forwards edge down on importer dollar demand

COLOMBO: Sri Lankan five-day rupee forwards dropped lower Tuesday on importer dollar demand even as a state-run bank pre

Published 19 Apr, 2016 01:30pm

Financial

Commodity-linked currencies surge on more confident mood

TOKYO: Commodity-linked currencies surged on Tuesday as market sentiment improved after disappointment over failed oil t

Published 19 Apr, 2016 07:41am

Financial

Sri Lanka 5-day rupee forwards end weaker on dollar demand

COLOMBO: Sri Lankan five-day rupee forwards ended weaker on Monday as importer dollar demand surpassed greenback sales b

Published 18 Apr, 2016 01:21pm

Financial

China's yuan weakens on robust corporate dollar demand

SHANGHAI: The yuan edged lower on Monday despite the central bank setting a firmer official guidance rate, as traders re

Published 18 Apr, 2016 06:44am

Financial

Yen rallies, emerging currencies dive after oil talks fail

TOKYO: The yen rallied on Monday in Asia while emerging currencies slumped after the collapse of weekend talks between k

Published 18 Apr, 2016 05:51am

Financial

Australia dollar derailed by oil rout, NZ dollar consoled by inflation

SYDNEY/WELLINGTON: The Australian dollar skidded on Monday after a meeting of oil exporters hoping to freeze oil output

Published 18 Apr, 2016 04:22am

Financial

Commodity currencies hit hard, yen climbs after Doha disappoints

SYDNEY/SINGAPORE: Commodity currencies slumped on Monday while the safe-haven yen soared after major oil producers faile

Published 18 Apr, 2016 04:04am

Financial

Yen falls on speculation of BoJ intervention

TOKYO: The yen fell against the dollar on Friday, heading for its biggest weekly fall in over two months over expectatio

Published 15 Apr, 2016 07:31am

Financial

China March new yuan loans rise to 1,370bn yuan, beating forecasts

BEIJING: Chinese banks extended 1,370 billion yuan ($211.23 billion) in net new yuan loans in March, exceeding analyst e

Published 15 Apr, 2016 06:45am

Financial

China lowers yuan rate by most in three months

SHANGHAI: China's central bank cut its currency exchange rate against the dollar by the largest amount in three mont

Published 14 Apr, 2016 08:23am

Financial

Emerging currencies slump after Singapore eases monetary policy

TOKYO: Emerging market currencies went into a tailspin Thursday as the Singapore central bank's surprise decision to

Published 14 Apr, 2016 08:15am

Financial

Dollar extends gains as sentiment improves

TOKYO/SYDNEY: The dollar was broadly firmer on Thursday, having posted its biggest one-day gain in more than a month as

Published 14 Apr, 2016 06:47am

Financial

Singapore dollar extends losses to 1pc after unexpected easing

SINGAPORE: Singapore's dollar weakened 1 percent by lunchtime on Thursday, leaving it set for its largest single-day

Published 14 Apr, 2016 06:43am

Financial

South Korean won ends at 1 week low on weaker Singapore dollar; stocks at 19 week high

SEOUL: The South Korean won retreated to a one-week low at the end of Thursday's trade after Singapore's central

Published 14 Apr, 2016 06:31am

Financial

South Korea won at 1 week low on Singapore central bank easing, stocks jump on China data

SEOUL: The South Korean won slipped to its lowest intraday level in a week early on Thursday after Singapore's centr

Published 14 Apr, 2016 04:10am

Financial

Singapore dollar on track for worst day in 8 months on easing; Asia FX fall

SINGAPORE: Singapore's dollar was on track for its worst day in more than eight months on Thursday, leading losses a

Published 14 Apr, 2016 04:06am

Financial

Emerging currencies up as oil rally, China trade boost optimism

TOKYO: Commodity-linked currencies rose Wednesday on the back of a surge in oil prices with upbeat Chinese trade data al

Published 13 Apr, 2016 08:12am

Financial

Australia, NZ dollars near 10 month peaks on China, commodities

SYDNEY/WELLINGTON: The Australian and New Zealand dollars flirted with 10-month peaks on Wednesday, after upbeat Chinese

Published 13 Apr, 2016 03:58am

Financial

Yen rally tempered, oil price jump inspires commodity currencies

SYDNEY/TOKYO: The safe-haven Japanese yen slid from recent peaks against the greenback on Wednesday as solid gains in oi

Published 13 Apr, 2016 03:53am

Financial

Colourful 'vomit-like' Australian $5 note unveiled

SYDNEY: It may be the smallest-denominated Australian dollar banknote, but a new design for the Aus$5 bill attracted an

Published 12 Apr, 2016 06:36am

Financial

Yen eases after intervention comments by Japan's Aso

TOKYO: The yen eased Tuesday after Japan's finance minister reiterated that officials could still intervene in forex

Published 12 Apr, 2016 06:29am

Financial

Sri Lanka 5-day rupee forwards end weaker on dollar demand ahead of new year

COLOMBO: Sri Lankan five-day rupee forwards edged down on Monday due to late importer dollar demand ahead of holidays fo

Published 11 Apr, 2016 01:12pm

Financial

Yen advances despite efforts to cool safe-haven currency

TOKYO: The yen extended its advance Monday despite repeated efforts to talk down the safe-haven currency, as concerns ov

Published 11 Apr, 2016 07:42am

Financial

Sri Lanka 5-day rupee forwards end steady

COLOMBO: Sri Lankan five-day rupee forwards closed steady on Friday as importer dollar demand offset the greenback sales

Published 08 Apr, 2016 02:15pm

Financial

India's FX reserves surge to record high of $360bn

NEW DELHI: India's foreign exchange reserves swelled to a record high of $360 billion for the week ended April 1, la

Published 08 Apr, 2016 01:23pm

Financial

China's yuan edges lower after FX reserves rise unexpectedly

SHANGHAI: The yuan eased against the dollar on Friday despite China reporting its first rise in foreign exchange reserve

Published 08 Apr, 2016 10:08am

Financial

Yen dips against dollar as Tokyo warns over strength

TOKYO: The yen on Friday gave up some of this week's strong gains against the dollar as a government official warned

Published 08 Apr, 2016 06:50am

Financial

South Africa's rand firmer but vulnerable to political risk, growth fears

JOHANNESBURG: South Africa's rand firmed slightly early on Thursday as investors bought into riskier but high-yieldi

Published 07 Apr, 2016 01:58pm

Financial

Yuan trade settlement not affected by FX volatility: HSBC exec

HONG KONG: The Chinese currency's recent decline has not affected corporate appetite for the yuan in cross-border tr

Published 07 Apr, 2016 01:53pm

Financial

Sri Lanka 5-day rupee forwards close almost steady

COLOMBO: Sri Lankan five-day rupee forwards closed almost steady on Thursday as importer dollar demand offset the sale o

Published 07 Apr, 2016 01:04pm

Financial

Yen rallies against dollar after Fed minutes

TOKYO: The yen rallied against the dollar on Thursday, while emerging currencies were boosted by US Federal Reserve minu

Published 07 Apr, 2016 06:19am

Financial

Sri Lanka shares rise for second day on retail buying

COLOMBO: Sri Lankan shares recovered from early losses to post their second straight gain on Wednesday, as local retail

Published 06 Apr, 2016 02:18pm

Financial

Japan's Abe rules out intervention as yen sits at 17-month high

TOKYO: Japanese Prime Minister Shinzo Abe has ruled out intervening in currency markets to halt a surge in the yen, desp

Published 06 Apr, 2016 06:57am

Financial

Sri Lanka 5-day rupee forwards up on remittances, bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards edged higher on Tuesday as banks sold the dollar through exporters and inwar

Published 05 Apr, 2016 01:09pm

Financial

Yen heads to 18-month high aganst dollar

TOKYO: The yen pushed towards an 18-month high against the dollar Tuesday as investors seek refuge from an equity market

Published 05 Apr, 2016 10:08am

Financial

Sri Lankan 5-day rupee forwards rise on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar selling by a state bank and remittances ahead o

Published 04 Apr, 2016 01:08pm

Financial

Australia dollar on the defensive as RBA looms, NZD also eases

SYDNEY/WELLINGTON: The Australian dollar eased on Monday, succumbing to profit taking after a mixed bag of domestic econ

Published 04 Apr, 2016 09:39am

Financial

Dollar sags, firm US jobs report fails to change Fed rate views

TOKYO: The dollar was on the defensive on Monday, after Friday's firm U.S. jobs report failed to shift the broadly h

Published 04 Apr, 2016 09:36am

Financial

Sri Lankan 5-day rupee forwards edge up on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar selling by a state bank helped offset importer

Published 04 Apr, 2016 09:27am

Financial

South Korean won ends up on broad dollar weakness, shares edge up

SEOUL: The South Korean won finished higher on Monday on broad dollar weakness as solid U.S. jobs data failed to persuad

Published 04 Apr, 2016 09:23am

Financial

Dollar nurses quarterly losses as US jobs data awaited

TOKYO: The dollar licked its wounds on Friday after taking steep quarterly losses against major rivals, as investors awa

Published 01 Apr, 2016 12:15pm

Financial

Australia, NZ dollars near 9-mth peaks on carry trade demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered close to nine-month peaks on Friday following solid ma

Published 01 Apr, 2016 10:36am

Financial

China's yuan weakens after S&P downgrade, but offshore squeeze eases

SHANGHAI: China's yuan weakened on Friday as a cut in the country's credit rating by S&P offset stronger-tha

Published 01 Apr, 2016 10:30am

Financial

Dollar struggles ahead of US jobs report

TOKYO: The dollar struggled Friday as markets focus on US jobs data later in the day, after the Federal Reserve chief th

Published 01 Apr, 2016 08:46am

Financial

Fading US rate hike views spur Asia FX gains

SINGAPORE: Most emerging Asian currencies rose on Thursday, adding to monthly and quarterly gains, as waning expectation

Published 31 Mar, 2016 02:15pm

Financial

Sri Lankan five-day rupee forwards firm up on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards rose on Thursday as dollar selling by a state bank offset heavy demand for t

Published 31 Mar, 2016 01:42pm

Financial

China's yuan more widely adopted to settle transactions: SWIFT

LONDON: China's yuan is increasingly being used by financial institutions worldwide to settle payments with counterp

Published 30 Mar, 2016 10:17am

Financial

Yellen's cautious stance on US rate hike lifts Asia FX

SINGAPORE: Most emerging Asian currencies rose on Wednesday as Federal Reserve Chair Janet Yellen's cautious stance

Published 30 Mar, 2016 07:26am

Financial

Sri Lankan rupee forwards decline; further fall expected

COLOMBO: Sri Lankan rupee forwards fell for a sixth straight session on Wednesday as importers bought dollars at record

Published 30 Mar, 2016 07:23am

Financial

NZ dollar hits 5-month high, Aussie rallies as Yellen signals slower rate increases

SYDNEY/WELLINGTON: The New Zealand dollar scaled a five-month peak on Wednesday, while its Australian peer hovered near

Published 30 Mar, 2016 06:17am

Financial

Dollar bulls retreat as Yellen stresses need for caution

TOKYO/SYDNEY: Dollar bulls were on the defensive on Wednesday after Federal Reserve chair Janet Yellen's cautious to

Published 30 Mar, 2016 06:14am

Financial

Yuan firms after dollar retreats on Yellen's cautious stance

SHANGHAI: China's yuan strengthened against the dollar on Wednesday after the central bank set a much firmer guidanc

Published 30 Mar, 2016 06:10am

Financial

Sri Lankan rupee forwards decline for fifth session

COLOMBO: Sri Lankan rupee forwards fell for a fifth straight session on Tuesday due to dollar demand by importers and fo

Published 29 Mar, 2016 02:44pm

Financial

Dollar up on yen ahead of Yellen speech

TOKYO: The dollar advanced against the yen and euro on Tuesday but edged broadly lower against other Asian currencies as

Published 29 Mar, 2016 11:29am

Financial

Sri Lankan rupee forwards end lower on economic worries

COLOMBO: Sri Lankan rupee forwards fell for a fourth straight session on Monday due to dollar demand by importers and fo

Published 28 Mar, 2016 02:23pm

Financial

China's yuan to face pressure if dollar rises sharply

BOAO: China's yuan will come under renewed downward pressure if the US dollar rises significantly in coming months,

Published 25 Mar, 2016 11:03am

Financial

Dollar firms against euro, yen on US rate hike talk

TOKYO: The dollar rose against the yen and euro Friday in Asia, boosted by growing speculation the Federal Reserve will

Published 25 Mar, 2016 07:55am

Financial

Sri Lankan rupee forwards down on economic, debt woes

COLOMBO: Sri Lankan rupee forwards slid for a third successive session on Thursday due to importer dollar demand, while

Published 24 Mar, 2016 01:37pm

Financial

Yuan weakens on dollar's global rise; midpoint seems confusing

SHANGHAI: China's yuan eased against the dollar to a one-week trough in late trade on Thursday after the central ban

Published 24 Mar, 2016 10:49am

Financial

Dollar strengthens against major peers on Fed talk

TOKYO: The dollar strengthened against its major peers on Thursday as fresh signs emerged that the US Federal Reserve co

Published 24 Mar, 2016 09:43am

Financial

Yen up in Asia after deadly Brussels blasts

TOKYO: The safe haven yen rose in Asia against the dollar and the euro on Wednesday, after deadly bombings in Brussels c

Published 23 Mar, 2016 09:28am

Financial

China's yuan edges lower despite firmer midpoint

SHANGHAI: China's yuan eased against the dollar on Wednesday, despite a firmer midpoint setting by the central bank.

Published 23 Mar, 2016 09:13am

Financial

Fed rate hike talk hurts Asia FX; ringgit hits 7-month peak

SEOUL: Most emerging Asian currencies slid on Wednesday due to the dollar's broad strength as more Federal Reserve o

Published 23 Mar, 2016 09:06am

Financial

Dollar buoyed in Asia by bullish Fed comments

TOKYO: The dollar held firm against the yen and the euro on Tuesday, after two Federal Reserve officials suggested the U

Published 22 Mar, 2016 07:53am

Financial

Sri Lankan rupee forwards end weaker; seen falling on economic woes

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while dealers expect growing un

Published 21 Mar, 2016 01:43pm

Financial

Sri Lankan rupee forwards steady; seen falling on economic woes

COLOMBO: Sri Lankan rupee forwards ended steady on Friday as late inward remittances and exporter dollar conversions off

Published 18 Mar, 2016 03:38pm

Financial

South Korean won, shares end at highest level in 2016 on dovish Fed

SEOUL: South Korea's won and stocks recorded their highest levels in 2016 on Friday as the US dollar continued to st

Published 18 Mar, 2016 08:15am

Financial

China fixes yuan at three-month high as dollar sinks

SHANGHAI: China's central bank fixed its currency exchange rate at a three-month high against the US dollar on Frida

Published 18 Mar, 2016 07:18am

Financial

Dollar resumes slide in Asia as markets digest Fed outlook

TOKYO: The dollar slumped further on Friday in Asia on the lingering effects of the Federal Reserve's lower interest

Published 18 Mar, 2016 07:05am

Financial

Long ringgit bets highest since 2014, Asia FX view improves

SINGAPORE: Bullish bets on the Malaysian ringgit hit their highest level since August 2014, as higher oil prices and exp

Published 17 Mar, 2016 02:01pm

Financial

China's yuan hits strongest so far this year thanks to more dovish Fed

SHANGHAI: China's yuan touched its strongest level so far in 2016 on Thursday, as the dollar eased all round after t

Published 17 Mar, 2016 01:48pm

Financial

Sri Lankan rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday on importer dollar demand amid growing uncertainty after the

Published 17 Mar, 2016 01:01pm

Financial

Sri Lankan rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand amid growing uncertainty after th

Published 16 Mar, 2016 01:46pm

Financial

Australia, NZ dollars weighed by weak commodities, yen shines

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing losses on Wednesday after renewed weakness in iro

Published 16 Mar, 2016 08:09am

Financial

Dollar edges up against peers ahead of Fed decision

TOKYO: The dollar rose against its major peers on Wednesday as attention turns to the conclusion of the Federal Reserve&

Published 16 Mar, 2016 07:26am

Financial

Sri Lankan rupee forwards ease in dull trade

COLOMBO: Sri Lankan rupee forwards eased slightly in dull trade on Tuesday as importer dollar demand surpassed greenback

Published 15 Mar, 2016 03:54pm

Financial

South Korean won, stocks edge down ahead of Fed policy meeting

SEOUL: The South Korean won snapped a three-session winning streak on Tuesday as investors trimmed their exposure to the

Published 15 Mar, 2016 02:38pm

Financial

Yuan slips on weaker midpoint; capital outflows eased in February

SHANGHAI: The yuan edged lower against the dollar on Tuesday after the central bank fixed a softer midpoint rate, while

Published 15 Mar, 2016 01:41pm

Financial

Asian currencies ease, focus on Fed meeting

SINGAPORE: Asian currencies were steady to lower against the dollar on Tuesday, as investors awaited clues on the US mon

Published 15 Mar, 2016 01:32pm

Financial

South Korea won down as markets wary before BOJ, Fed, stocks steady

SEOUL: The South Korean won hit the skids on Tuesday as investors braced for policy meetings of the Bank of Japan and th

Published 15 Mar, 2016 07:48am

Financial

Yen inches up in Tokyo after BoJ holds fire

TOKYO: The yen ticked up in Tokyo on Tuesday after the Bank of Japan decided to leave its monetary stance unchanged, inc

Published 15 Mar, 2016 07:00am

Financial

Sri Lankan rupee forwards end steady in dull trade

COLOMBO: Sri Lankan rupee forwards ended steady on Monday in dull trade, but growing uncertainty after the announcement

Published 14 Mar, 2016 12:49pm

Financial

Dollar index to test support at 95.569

SINGAPORE: The dollar index may test a support at 95.569 in a week, a break below which could cause a loss to the next s

Published 14 Mar, 2016 09:38am

Financial

Australian dollar hits 8-month high as commodity units rise

TOKYO: The Australian dollar hit an eight-month high Monday as commodity-linked currencies got a boost on the back of a

Published 14 Mar, 2016 08:01am

Financial

Sri Lankan rupee forwards end steady on late dollar inflows

COLOMBO: Sri Lankan rupee forwards ended steady on Friday as late inward remittances offset early importer dollar demand

Published 11 Mar, 2016 01:33pm

Financial

China's yuan hits 2016 high on firm midpoint, global dollar weakness

SHANGHAI: China's onshore yuan on Friday hit its strongest level against the dollar in 2016, buoyed by the central b

Published 11 Mar, 2016 06:53am

Financial

South Korean won moves to 1-month high on stronger yuan; stocks edge up

SEOUL: The South Korean won jumped to its highest in a month after the People's Bank of China to set the yuan's

Published 11 Mar, 2016 06:41am

Financial

Euro holds gains in Asia after ECB stimulus surge

TOKYO: The euro held its gains in Asian trading on Friday after surging on the back of suggestions from the European Cen

Published 11 Mar, 2016 05:24am

Financial

Sri Lankan rupee forwards edge down on importer dlr demand

COLOMBO: Sri Lankan rupee forwards eased slightly on importer dollar demand in a dull session on Thursday, while growing

Published 10 Mar, 2016 02:42pm

Financial

Euro down against dollar ahead of ECB meeting

TOKYO: The euro ticked lower against the dollar Thursday as investors focus on a meeting of the European Central Bank th

Published 10 Mar, 2016 06:40am

Financial

Sri Lankan rupee forwards recoup losses to end steady on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended steady on Wednesday, recouping some early losses as late dollar sales by banks

Published 09 Mar, 2016 02:24pm

Financial

South African rand, bonds retreat after Moody's puts credit status on review

JOHANNESBURG: South Africa's rand and bonds retreated early on Wednesday as sentiment was rocked by Moody's deci

Published 09 Mar, 2016 07:56am

Financial

Emerging currencies drop against dollar over China worries

TOKYO: The dollar rallied against emerging market currencies on Wednesday as dealers moved into safer investments as per

Published 09 Mar, 2016 06:38am

Financial

Sri Lankan rupee forwards down on importer dollar demand, tax woes

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand and growing policy uncertainty afte

Published 08 Mar, 2016 02:11pm

Financial

Yen rises against major peers as traders await ECB meeting

TOKYO: The Japanese yen climbed against major peers on Tuesday as a slump in China's exports offered dealers more ev

Published 08 Mar, 2016 06:33am

Financial

Emerging currencies jump after upbeat US jobs report

TOKYO: Emerging market currencies rallied against the dollar Monday after the mood on regional trading floors got a stro

Published 07 Mar, 2016 06:55am

Financial

China premier says aims to keep yuan exchange rate basically stable in 2016

BEIJING: China aims to keep yuan currency basically stable in 2016, Premier Li Keqiang said in remarks prepared for deli

Published 05 Mar, 2016 10:06am

Financial

Sri Lankan rupee forwards down on imports, foreign bond sales

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday on dollar demand from importers and as foreign investors sold

Published 04 Mar, 2016 02:07pm

Financial

Emerging currencies rise ahead of key US jobs report

TOKYO: Emerging market currencies jumped against the dollar Friday with rising oil prices and upbeat US data lifting sen

Published 04 Mar, 2016 07:34am

Financial

Dollar up as bright US data opens door to rate hike

TOKYO: The dollar rose against the yen and euro Thursday as a solid US jobs report supplied more evidence of resilience

Published 03 Mar, 2016 06:43am

Financial

Sri Lankan rupee forwards end firmer on bank dollar sales; downgrade weighs

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Wednesday on dollar selling by a foreign bank, but dealers s

Published 02 Mar, 2016 01:43pm

Financial

Yen under pressure as upbeat US data stirs dollar buying

TOKYO: The dollar rose against the euro and yen Wednesday as investors' appetite for risk surged on upbeat US econom

Published 02 Mar, 2016 06:36am

Financial

Sri Lankan rupee forwards decline; more fall seen on Fitch downgrade

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Tuesday on importer dollar demand, while dealers expected th

Published 01 Mar, 2016 01:22pm

Financial

Yen picks up amid gloomy market sentiment despite China stimulus

TOKYO: The yen rose against the dollar on Tuesday as market sentiment stayed gloomy even after China's central bank

Published 01 Mar, 2016 06:57am

Financial

Sri Lankan rupee forwards fall; further fall expected after Fitch downgrade

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday on importer dollar demand, and dealers said the curre

Published 29 Feb, 2016 03:13pm

Financial

China fixes yuan at four-week low despite pledge

SHANGHAI: China's central bank on Monday fixed its central rate for the yuan currency at a four-week low, data showe

Published 29 Feb, 2016 08:08am

Financial

Dollar holds up after positive US data, G20 growth pledge

TOKYO: The dollar held up against its major peers on Monday, after upbeat US data strengthened expectations of a rate hi

Published 29 Feb, 2016 08:06am

Financial

More yawns than yuan in China's late-night forex trade

SHANGHAI: In the fast-paced, high-risk world of foreign exchange trading, where trillions of dollars change hands every

Published 28 Feb, 2016 08:13am

Financial

Sri Lankan spot rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan spot rupee, which resumed trading on Friday after almost a month, hit a record low of 144.65 per

Published 26 Feb, 2016 12:31pm

Financial

Yen firm against dollar ahead of G20 meeting

TOKYO: The yen held firm against the dollar on Friday as investor sentiment brightened on a rally in Asian shares hours

Published 26 Feb, 2016 07:51am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday, pressured by importer demand for the greenback, despite a 5

Published 25 Feb, 2016 12:25pm

Financial

Yen slips as sentiment picks up ahead of G20 meeting

TOKYO: Japan's yen edged down Thursday as a brief pick up in oil prices lifted sentiment, with markets cautiously ey

Published 25 Feb, 2016 06:39am

Financial

Sri Lankan rupee forwards close lower on dollar inflows

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday as importer demand for the greenback and mild doll

Published 24 Feb, 2016 12:07pm

Financial

Pound falls to fresh seven-year low on 'Brexit' fears

TOKYO: The pound on Wednesday fell below $1.40 to a fresh seven-year low on growing worries that Britain may vote to lea

Published 24 Feb, 2016 07:15am

Financial

Sri Lankan rupee forwards trade steady; pressure on despite rate hike

COLOMBO: Sri Lankan rupee forwards traded steady on Tuesday as inflows kept pace with dollar demand by importers, but pr

Published 23 Feb, 2016 01:22pm

Financial

Sri Lankan rupee forwards end steady; pressure on despite rate hike

COLOMBO: Sri Lankan rupee forwards closed steady on Tuesday as inflows kept pace with importers' dollar demand, but

Published 23 Feb, 2016 12:33pm

Financial

Yen picks up in Asia as oil price drop dents sentiment

TOKYO: The yen picked up Tuesday as another fall in oil prices dented sentiment, while the pound was under pressure over

Published 23 Feb, 2016 06:29am

Financial

Dollar index to test resistance at 97.496

SINGAPORE: The dollar index is expected to test resistance at 97.496 in a week, a break above which could lead to a gain

Published 22 Feb, 2016 09:48am

Financial

Pound takes hit in Asia on 'Brexit' fears

TOKYO: The pound dropped in Asian trading Monday, after news the mayor of London will campaign for Britain to leave the

Published 22 Feb, 2016 06:54am

Financial

Dollar rises against emerging units after slide in oil prices

TOKYO: The dollar rallied against emerging units Friday while retreating against the yen as another oil price drop added

Published 19 Feb, 2016 08:21am

Financial

Australian dollar drops after unexpected employment drop

SYDNEY: The Australian dollar dipped on Thursday after data showed employment unexpectedly fell in January, bucking expe

Published 18 Feb, 2016 09:42pm

Financial

Asia FX sentiment mostly better; yuan bearish bets near 3-month low

SINGAPORE: Sentiment toward most emerging Asian currencies improved in the last two weeks helped by the prospect of more

Published 18 Feb, 2016 03:31pm

Financial

Sri Lankan rupee forwards end steady; downward pressure persists

COLOMBO: Sri Lankan rupee forwards ended steady on Thursday as dollar sales by exporters and banks offset importer deman

Published 18 Feb, 2016 12:21pm

Financial

Emerging currencies boosted as oil surge lifts confidence

TOKYO: The Malaysian ringgit led a rally in emerging market currencies Thursday as a surge in oil prices injected trader

Published 18 Feb, 2016 07:28am

Financial

Sri Lankan rupee forwards end firmer on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Wednesday, recovering from early losses as dollar sales by banks surp

Published 17 Feb, 2016 12:45pm

Financial

Yen picks up as disappointing oil deal hits sentiment

TOKYO: The yen picked up pace Wednesday after an oil output freeze by Saudi Arabia and Russia disappointed investors, wh

Published 17 Feb, 2016 06:51am

Financial

Sri Lankan rupee forwards steady on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended steady on Tuesday, recouping early losses as dollar sales by a foreign bank off

Published 16 Feb, 2016 03:05pm

Financial

Sri Lankan rupee forwards edge down, further decline seen

COLOMBO: Sri Lankan rupee forwards fell on Tuesday on importer dollar demand, while dealers said they expected the curre

Published 16 Feb, 2016 08:49am

Financial

Dollar steady in Asia as confidence returns

TOKYO: The dollar held steady against the yen and euro Tuesday after rallying on newfound confidence across world market

Published 16 Feb, 2016 07:01am

Financial

Dollar stands tall vs yen, euro as risk aversion eases

TOKYO: The dollar stood tall against the yen and euro on Tuesday as global risk aversion that battered the greenback the

Published 16 Feb, 2016 12:37am

Financial

China guides yuan higher after central bank comments

SHANGHAI: China's central bank on Monday fixed the value of the yuan higher by the biggest margin for more than thre

Published 15 Feb, 2016 08:24am

Financial

Yen eases against major peers on weak GDP data

TOKYO: The yen eased against its major counterparts in Asia Monday, as a contraction in Japan's economy during the f

Published 15 Feb, 2016 08:16am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards edged down on Friday on importer dollar demand and dealers said they expected the cur

Published 12 Feb, 2016 07:40am

Financial

Australia, NZ dollars poised for large weekly losses vs yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell for a seventh straight session versus the yen on Friday a

Published 12 Feb, 2016 06:05am

Financial

Sri Lankan rupee forwards firmer on dollar inflows; stx weaker

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar inflows surpassed demand from importers, but dealers s

Published 11 Feb, 2016 02:14pm

Financial

Dollar sinks in Asia as Fed boss dampens chance of rate hike

SINGAPORE: The dollar retreated across the board in Asia Thursday after comments from Federal Reserve boss Janet Yellen

Published 11 Feb, 2016 11:03am

Financial

Yen surges as global market rout extends ahead of Yellen testimony

TOKYO: The Japanese yen extended gains against the dollar and the euro on Wednesday as nervous investors fled to safe in

Published 10 Feb, 2016 06:49am

Financial

Sri Lankan rupee forwards steady; IMF concerns weigh

COLOMBO: Sri Lankan rupee forwards traded steady on Tuesday as mild importer dollar demand offset selling of the greenba

Published 09 Feb, 2016 07:07am

Financial

Yen soars as equity market turmoil hammers sentiment

TOKYO: The yen on Tuesday jumped to its highest level against the dollar since late 2014 as a bloodbath on equity market

Published 09 Feb, 2016 06:43am

Financial

Sri Lankan rupee forwards edge down; IMF statement raises concerns

COLOMBO: Sri Lankan rupee edged down on Monday due to mild importer dollar demand, though selling of the greenback by ba

Published 08 Feb, 2016 10:01am

Financial

Dollar gains as US jobs report keeps alive rate hike hopes

TOKYO: The dollar extended its gains Monday as a closely watched US jobs report fanned speculation that the Federal Rese

Published 08 Feb, 2016 08:13am

Financial

EM ASIA FX-Weekly Asia FX gains seen ahead of US jobs data

SINGAPORE: Most emerging Asian currencies rose on Friday ahead of US jobs data due to be released later in the global da

Published 05 Feb, 2016 11:20am

Financial

South Korean won, shares close up ahead of US payrolls

SEOUL: The South Korean won trimmed earlier gains on Friday afternoon, as investors grew cautious ahead of US jobs data

Published 05 Feb, 2016 11:16am

Financial

Sri Lankan rupee forwards firmer on dollar selling by banks

COLOMBO: Sri Lankan rupee forwards traded slightly firmer on Friday as dollar selling by banks surpassed the mild demand

Published 05 Feb, 2016 11:04am

Financial

Yuan slide haunts Taiwan banks as they face defaults on derivative product

TAIPEI: Taiwan's banks are facing losses of millions or possibly billions of dollars from customer defaults on a pop

Published 05 Feb, 2016 10:27am

Financial

Dollar struggles ahead of key US jobs report

TOKYO: The dollar struggled on Friday as market turmoil and weak global growth boost the chances that the Federal Reserv

Published 05 Feb, 2016 09:10am

Financial

Dollar recovers some losses after US economic outlook dive

TOKYO: The dollar recovered some losses against major peers Thursday after a steep dive in US trading sparked by renewed

Published 04 Feb, 2016 05:24am

Financial

Yen extends gains as oil prices collapse

TOKYO: The yen extended its gains in Asia Wednesday and emerging currencies tumbled as traders fled to safe investments

Published 03 Feb, 2016 06:30am

Financial

AIA plunges on China capital controls report

HONG KONG: Shares in insurance group AIA plunged nearly nine percent in early Hong Kong trade Wednesday after a report s

Published 03 Feb, 2016 05:59am

Financial

Oil price fall, weak China data fuel yen-buying in Asia

TOKYO: The yen got a lift Tuesday while emerging currencies took a hit as a renewed fall in oil prices and weak China da

Published 02 Feb, 2016 08:38am

Financial

Yen loses further ground after surprise BoJ stimulus move

TOKYO: The yen sank again Monday, extending losses after the Bank of Japan unveiled shock stimulus last week, while emer

Published 01 Feb, 2016 05:27am

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows

COLOMBO: The Sri Lankan rupee ended steady on Thursday amid importer dollar demand and some foreign outflow from t-bonds

Published 28 Jan, 2016 04:26pm

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows; stocks up

COLOMBO: The Sri Lankan rupee was steady on Thursday amid importer dollar demand, as banks were reluctant to trade below

Published 28 Jan, 2016 01:38pm

Financial

Yen dips ahead of Bank of Japan policy decision

TOKYO: The yen edged lower against its major peers as markets focus the Bank of Japan's two-day policy meeting, whic

Published 28 Jan, 2016 06:45am

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows

COLOMBO: The Sri Lankan rupee closed unchanged on Wednesday amid importer dollar demand and foreign outflows from t-bond

Published 27 Jan, 2016 01:01pm

Financial

Sri Lankan rupee steady despite importer demand, outflows

COLOMBO: The Sri Lankan rupee was steady on Wednesday despite importer dollar demand and foreign outflows from t-bonds,

Published 27 Jan, 2016 07:25am

Financial

Dollar slips ahead of Fed's first 2016 meeting

TOKYO: The dollar slipped against the yen and most emerging currencies Wednesday as markets focus on the Federal Reserve

Published 27 Jan, 2016 06:36am

Financial

China state media accuse Soros of 'declaring war' on yuan

BEIJING: Chinese state media stepped up a salvo of biting commentaries Wednesday against George Soros and other currency

Published 27 Jan, 2016 06:34am

Financial

Dollar awaits Fed outcome, Canada's loonie bounced around by oil

SYDNEY: The US dollar kept to the sidelines early on Wednesday with the market waiting for a interest rate steer from th

Published 26 Jan, 2016 11:49pm

Financial

China's yuan barely budges as central bank holds steady

SHANGHAI: China's yuan stayed flat against the dollar on Tuesday as the central bank kept holding the line, and trad

Published 26 Jan, 2016 02:09pm

Financial

Dollar inches lower in cautious trade as Fed looms

TOKYO: The dollar inched down slightly on Tuesday, though major currencies did not stray far from recent ranges as inves

Published 26 Jan, 2016 02:07pm

Financial

Sri Lankan rupee steady after central bank holds rate

COLOMBO: The Sri Lankan rupee ended steady on Tuesday, a day after the central bank kept its key policy rates unchanged

Published 26 Jan, 2016 01:35pm

Financial

Emerging currencies suffer as oil prices head south

TOKYO: Emerging market currencies suffered in Asian trading on Tuesday as another drop in oil prices and a regional equi

Published 26 Jan, 2016 05:04am

Financial

Sri Lankan rupee steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee ended steady on Monday ahead of the central bank's January policy rate decision as dol

Published 25 Jan, 2016 03:33pm

Financial

Sri Lankan rupee steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee was steady on Monday ahead of the central bank's January policy rate decision as dolla

Published 25 Jan, 2016 09:10am

Financial

Yen steady as BoJ chief tempers hopes for more easing

TOKYO: The yen held steady in Asia on Monday as Japan's top central banker moved to temper speculation it will unvei

Published 25 Jan, 2016 05:33am

Financial

China plans to launch its ‘Digital Currency’

China, the world second largest economy is planning to launch its own digital currency, in a move to cut its circulation

Published 22 Jan, 2016 10:47am

Financial

Sri Lankan rupee trades steady: stocks up

COLOMBO: The Sri Lankan rupee was trading steady on Friday as dollar sales by a private bank dollar offset demand for t

Published 22 Jan, 2016 07:18am

Financial

China official says no plans to devalue yuan

SHANGHAI: China has no intention to devalue its currency, the country's vice president Li Yuanchao has said, followi

Published 22 Jan, 2016 05:39am

Financial

Emerging currencies boosted by oil rally, ECB stimulus hints

TOKYO: Higher-yielding emerging market currencies rose against the dollar in Asia on Friday, after a jump in crude price

Published 22 Jan, 2016 05:36am

Financial

Temporary oil rebounds help fragile Asia FX gains

SINGAPORE: Most emerging Asian currencies rose on Thursday as rebounds in battered oil prices improved risk appetite, wh

Published 21 Jan, 2016 06:13am

Financial

Dollar off 1-year low vs yen as report points to official FX concerns

TOKYO: The dollar came off a one-year low against the yen on Thursday after a media report suggested Japanese authoritie

Published 21 Jan, 2016 05:47am

Financial

Dollar edges up vs yen as oil bounces, euro awaits ECB

TOKYO: The dollar came off a one-year low against the yen on Thursday as crude oil prices bounced, while the euro awaite

Published 21 Jan, 2016 05:30am

Financial

Yuan steady for the 4th day; forwards hint of depreciation pressure

SHANGHAI: China's yuan barely moved against the dollar on Thursday, holding largely steady in the week as efforts by

Published 21 Jan, 2016 05:28am

Financial

Emerging currencies rally against dollar on stocks advance

TOKYO: High-yielding emerging currencies rallied against the dollar on Thursday as sentiment improved following broad ad

Published 21 Jan, 2016 04:42am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee edged lower on Wednesday due to importer dollar demand, while selling of the greenback by

Published 20 Jan, 2016 12:40pm

Financial

Indian rupee falls to over two-year low

MUMBAI: The Indian rupee fell to a more than two-year low on Wednesday, inching closer to a record low of 68.85 hit in A

Published 20 Jan, 2016 08:24am

Financial

Dollar rises against emerging units as risk sentiment evaporates

TOKYO: The dollar advanced against emerging currencies Wednesday in Asia as risk sentiment took a hit on the latest rout

Published 20 Jan, 2016 06:53am

Financial

'Hong Kong dollar peg at risk' as stocks plunge

HONG KONG: The Hong Kong dollar's decades-old peg to the US greenback could be at risk, analysts warned Wednesday, a

Published 20 Jan, 2016 06:52am

Financial

Sri Lankan rupee edges up on dollar selling by banks

COLOMBO: The Sri Lankan rupee ended slightly firmer on Tuesday as dollar selling by a private bank, likely to defend the

Published 19 Jan, 2016 03:52pm

Financial

India would be very concerned by big China devaluation

NEW DELHI: India would be very concerned if China were to allow a major devaluation in the yuan currency, its Group of 2

Published 19 Jan, 2016 07:52am

Financial

Sri Lankan rupee edges up on dollar selling by banks: stocks weaker

COLOMBO: The Sri Lankan rupee was trading slightly firmer on Tuesday as dollar selling by a private bank, likely to defe

Published 19 Jan, 2016 07:45am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday as importer dollar demand outpaced selling of the greenback by a private ba

Published 18 Jan, 2016 03:31pm

Financial

Sri Lankan rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday due to importer dollar demand in the absence of banks' dollar sales to

Published 18 Jan, 2016 08:15am

Financial

Emerging currencies broadly rise against dollar

TOKYO: Emerging market currencies got a cautious boost on Monday after the People's Bank of China (PBoC) raised the

Published 18 Jan, 2016 06:41am

Financial

Yen loses steam as yuan firms after China's anti-speculation move

SINGAPORE/SYDNEY: The safe haven yen shed Monday's earlier gains after China's central bank unveiled a fresh ste

Published 18 Jan, 2016 06:06am

Financial

China to raise offshore yuan reserve requirements for some banks-sources

SHANGHAI: China's central bank is preparing to raise the reserve requirement ratio for yuan deposits placed in yuan

Published 17 Jan, 2016 11:53pm

Financial

Emerging currencies lifted by oil, equity market rebound

TOKYO: Emerging currencies climbed Friday as investors moved into riskier assets following a rebound on key equity marke

Published 15 Jan, 2016 05:48am

Financial

Yen eases as markets regain some composure, Aussie firmer

SYDNEY: The safe-haven yen nursed losses early on Friday, while currencies such as the Australian dollar staged a modest

Published 14 Jan, 2016 11:33pm

Financial

Hong Kong's dollar falls sharply in late trade

HONG KONG: The Hong Kong dollar dropped sharply to a more than 4-year low in late Asian trade on Thursday, tracking a de

Published 14 Jan, 2016 10:36am

Financial

Chinese yuan slips amid global gloom, stocks stage late rally

SHANGHAI: China's yuan currency slipped despite the efforts of the authorities on Thursday, as the gloom in global m

Published 14 Jan, 2016 10:28am

Financial

Yen picks up, emerging units fall as sentiment sours

TOKYO: The yen rallied in Asia Thursday as traders fled higher-risk assets, pushing down emerging currencies as a rout t

Published 14 Jan, 2016 05:53am

Financial

Emerging markets currencies rise on upbeat China data

TOKYO: Higher risk currencies rose in line with a regional stock rally Wednesday as an upbeat Chinese trade report provi

Published 13 Jan, 2016 06:46am

Financial

China replaces foreign exchange agency chief

SHANGHAI: China has "removed" the head of its foreign exchange agency, the government said on Tuesday, following turbule

Published 12 Jan, 2016 11:16am

Financial

Taiwan dollar ends at weakest level in more than six years

TAIPEI: The Taiwan dollar closed at its weakest level against the US dollar in more than six years on Tuesday, weighed b

Published 12 Jan, 2016 10:00am

Financial

Dollar rises against emerging currencies as risk sentiment recedes

TOKYO: The dollar advanced against emerging market currencies Tuesday as declining risk sentiment engulfed Asia, amid fe

Published 12 Jan, 2016 09:09am

Financial

China's offshore yuan rebounds by nearly 500 pips from day's lows

HONG KONG: China's offshore yuan rebounded by nearly 500 pips from the day's lows in afternoon trade on Monday,

Published 11 Jan, 2016 08:23am

Financial

Sri Lankan rupee steady in dull trade; stx down on uncertainties

COLOMBO: The Sri Lankan rupee was steady on Monday in dull trade as cautious investors waited on the side lines due to l

Published 11 Jan, 2016 08:03am

Financial

Dollar up against yen, but eyes on yuan amid China turmoil

SINGAPORE: The dollar rose against the yen in volatile Asian trade Monday but all eyes were on the yuan as China moves t

Published 11 Jan, 2016 05:49am

Financial

Sri Lankan rupee edges up on bank dollar sales

COLOMBO: The Sri Lankan rupee ended 0.1 percent firmer on Friday as dollar sales by a private bank helped boost the loca

Published 08 Jan, 2016 03:24pm

Financial

Sri Lankan rupee slightly firmer on bank dollar sales; stocks down

COLOMBO: The Sri Lankan rupee was slightly firmer on Friday as dollar sales by a private bank outpaced demand for the gr

Published 08 Jan, 2016 06:49am

Financial

Yen rally fizzles as China moves to stop market turmoil

TOKYO: A recent rally in the yen fizzled on Friday after Chinese authorities moved to stop wild market volatility stoked

Published 08 Jan, 2016 05:17am

Financial

Euro, yen surge as commodity currencies sag on China jitters

SYDNEY: The euro and yen held on to solid gains early on Friday, having enjoyed a short-covering rally as heightened ris

Published 07 Jan, 2016 11:14pm

Financial

Yen gains as China jitters spark flight to safety

TOKYO: The yen jumped Thursday as worries about China's economy, a plunge in oil and equities prices, and geopolitic

Published 07 Jan, 2016 05:38am

Financial

Sri Lankan rupee recovers from record low on bank dlr sales

COLOMBO: The Sri Lankan rupee recovered from a near record low on Wednesday as importer demand for the US currency was m

Published 06 Jan, 2016 09:33am

Financial

Dollar, yen add to gains amid trader caution

NEW YORK: The dollar and yen both continued to strengthen Tuesday in a foreign exchange market dominated by caution over

Published 06 Jan, 2016 06:30am

Financial

Sri Lankan rupee steady; bank dollar sales prevent fall

COLOMBO: The Sri Lankan rupee ended steady on Tuesday, hovering near its record low hit in the previous session, as doll

Published 05 Jan, 2016 04:10pm

Financial

China cuts yuan to weaker than 6.5 against dollar

SHANGHAI: China cut the yuan's value against the greenback Monday, making it weaker than 6.5 for the first time in m

Published 04 Jan, 2016 09:11am

Financial

China cuts yuan to weaker than 6.5 against dollar

SHANGHAI: China cut the yuan's value against the greenback Monday, making it weaker than 6.5 for the first time in m

Published 04 Jan, 2016 09:11am

Financial

Sri Lankan rupee edges down in dull trade

COLOMBO: The Sri Lankan rupee ended slightly weaker in thin trade on Friday as many investors have still not returned fr

Published 01 Jan, 2016 04:18pm

Financial

Sri Lankan rupee falls 9pc in 2015; ends near record closing low

COLOMBO: The Sri Lankan rupee fell 9 percent in 2015 and ended the year near a record low on Thursday as higher imports,

Published 31 Dec, 2015 03:07pm

Financial

Dollar mixed in quiet Asian trade

SINGAPORE: The dollar edged down against the yen in quiet trade Thursday as investors turned attention to the pace of fu

Published 31 Dec, 2015 09:25am

Financial

Sri Lankan rupee hits record closing low ahead of central bank rate decision

COLOMBO: The Sri Lankan rupee ended lower after touching a record low of 144.25 in intraday trade on Wednesday as specul

Published 30 Dec, 2015 04:21pm

Financial

Dollar slips as oil prices retreat

TOKYO: The dollar slipped against the euro and yen on Wednesday as another retreat in oil prices hit sentiment.Crude res

Published 30 Dec, 2015 09:47am

Financial

Sri Lankan rupee hits record closing low ahead of rate decision

COLOMBO: The Sri Lankan rupee closed at a record low on Tuesday as dollar demand from importers weighed on the local cur

Published 29 Dec, 2015 01:12pm

Financial

Yuan hits 4-year low; weak risk appetite dents Asia FX

SINGAPORE: The Chinese yuan briefly touched a 4-1/2 year low on Tuesday due to strong year-end dollar demand, while weak

Published 29 Dec, 2015 06:41am

Financial

South Korean won snaps 5-day winning streak; shares higher

SEOUL: The South Korean won snapped a five-session winning streak on Tuesday as investors turned cautious on riskier ass

Published 29 Dec, 2015 06:39am

Financial

Euro holds gains despite hints of more ECB stimulus

TOKYO: The euro held its gains in thin trading Tuesday, after a European Central Bank (ECB) official hinted at another w

Published 29 Dec, 2015 05:56am

Financial

Canadian dollar struggles as weaker oil weighs on commodity currencies

TOKYO: The Canadian dollar struggled near an 11-year low against the greenback on Tuesday as crude oil prices resumed th

Published 29 Dec, 2015 01:58am

Financial

NZ dollar crawls to 2-month highs, Aussie restrained

SYDNEY/WELLINGTON: The New Zealand dollar inched up to two-month hights on Tuesday buoyed by a hunt for yield, while its

Published 29 Dec, 2015 01:52am

Financial

China's yuan eases on weaker midpoint in tepid trading

SHANGHAI: China's yuan softened against the dollar on Monday in tepid trading after the central bank set a moderatel

Published 28 Dec, 2015 06:43am

Financial

Dollar up against yen in Asian trade

TOKYO: The dollar gained against the yen on Monday as investors bought back the US currency after it hit a two-month low

Published 28 Dec, 2015 06:25am

Financial

Dollar inches up against yen in Asian trade

TOKYO: The dollar edged up against the yen on Monday as investors bought back the US currency after it hit a two-month l

Published 28 Dec, 2015 06:09am

Financial

PBoC will extend trading hours for yuan

BEIJING: China will extend trading hours for its currency starting next month, the central bank said Wednesday, after th

Published 23 Dec, 2015 12:26pm

Financial

Sri Lankan rupee dips to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Wednesday to a record low level it hit earlier this month as dollar demand f

Published 23 Dec, 2015 09:25am

Financial

Dollar dips as effect of Fed rise wears off

HONG KONG: The dollar retreated against most of its major peers and emerging market currencies Wednesday, as analysts pr

Published 23 Dec, 2015 06:16am

Financial

Sri Lankan rupee ends steady in lacklustre trade ahead of holidays

COLOMBO: The Sri Lankan rupee ended steady on Tuesday amid thin trade as many investors stayed away in a holiday-shorten

Published 22 Dec, 2015 12:24pm

Financial

Turkish lira steady before central bank rate decision

ISTANBUL: The Turkish lira traded flat on Tuesday as investors held fire hours ahead of an interest rate decision seen a

Published 22 Dec, 2015 09:06am

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee edged up on Tuesday on exporter dollar conversions, but trading was lacklustre as many inv

Published 22 Dec, 2015 08:40am

Financial

Australia, NZ dollars nudge up, test stiff resistance

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Tuesday to find stiff chart resistance in trading

Published 22 Dec, 2015 06:40am

Financial

Rupiah climbs 1pc vs dollar, hits 1-month high

SINGAPORE: The Indonesian rupiah rose more than 1 percent against the dollar on Tuesday, up for the fourth straight day

Published 22 Dec, 2015 06:38am

Financial

Dollar steadies against euro, US data awaited for cues

TOKYO: The dollar steadied against the euro on Tuesday after dipping against the common currency on an inconclusive Span

Published 22 Dec, 2015 06:18am

Financial

Yuan firms with midpoint as China pledges support to economy

SHANGHAI: China's yuan firmed against the dollar on Tuesday, in line with the central bank's slightly stronger m

Published 22 Dec, 2015 05:53am

Financial

Sri Lankan rupee steady in dull trade ahead of holidays

COLOMBO: The Sri Lankan rupee ended steady on Monday amid lacklustre trading as many investors stayed away in a holiday-

Published 21 Dec, 2015 01:18pm

Financial

Dollar weakens against yen in Asia

TOKYO: The dollar weakened against the yen on Monday as demand for the safe haven Japanese currency grew on declines in

Published 21 Dec, 2015 08:31am

Financial

Australia, NZ dollars trapped by holiday lull

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday as traders were reluctant to

Published 21 Dec, 2015 06:44am

Financial

Rupiah climbs on short-covering, suspected inflows

SINGAPORE: The Indonesian rupiah rose more than 1 percent against the US dollar on Monday, with market participants citi

Published 21 Dec, 2015 06:11am

Financial

Dollar adrift in a sea of central bank uncertainty

SYDNEY/TOKYO: The dollar drifted lower in light Asian trading on Monday amid doubts about how far and fast the Federal R

Published 21 Dec, 2015 06:03am

Financial

China's yuan inches up on firmer midpoint, easing pace may slow

SHANGHAI: China's yuan edged up against the dollar on Monday after the central bank set stronger guidance via its da

Published 21 Dec, 2015 06:01am

Financial

Dollar steady in subdued trade ahead of holidays

TOKYO: The dollar was steady in Asian trading on Monday, as holiday calm replaced the previous week's heavy market a

Published 21 Dec, 2015 01:16am

Financial

Dollar gains traction, BoJ next up to the plate

SYDNEY: The US dollar stood at its highest in two weeks against a basket of currencies early on Friday, having made a de

Published 17 Dec, 2015 11:13pm

Financial

Sri Lankan rupee ends steady; Fed rate hike impact awaited

COLOMBO: The Sri Lankan rupee ended steady in thin trade on Thursday, as the market waited for the impact of the U.S. Fe

Published 17 Dec, 2015 12:50pm

Financial

Australia, New Zealand dollars on the skids after Fed hikes

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell on Thursday, as US dollar bulls cheered the Federal Reser

Published 17 Dec, 2015 07:52am

Financial

Dollar posts modest gains vs safe-haven currencies yen, Swiss franc

TOKYO: The dollar rose against the yen and Swiss franc as the first US interest rate hike in nine years coaxed investors

Published 17 Dec, 2015 06:49am

Financial

Fed euphoria seen short-lived, falling yuan drags Asia FX lower

SEOUL: Most emerging Asian currencies initially rose on Thursday after the Federal Reserve signalled that further tighte

Published 17 Dec, 2015 06:33am

Financial

New Zealand dollar down vs US dollar after Fed hikes rates

WELLINGTON: The New Zealand dollar was quoted at $0.6754 after the US Federal Reserve raised interest rates, down from $

Published 16 Dec, 2015 09:30pm

Financial

Sri Lankan rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee snapped three straight sessions of losses when it touched record lows to end steady on Wed

Published 16 Dec, 2015 01:37pm

Financial

Sri Lankan rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee snapped three straight sessions of losses when it touched record lows to end steady on Wed

Published 16 Dec, 2015 01:37pm

Financial

Australia cenbank's Stevens says A$ could fall further

SYDNEY: The Australian dollar could fall further in sympathy with lower commodity prices, the head of the Reserve Bank o

Published 15 Dec, 2015 10:29pm

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended at an all-time low on Tuesday for a third straight session on thin dollar buying by

Published 15 Dec, 2015 02:26pm

Financial

China's yuan falls on fresh 4-1/2 year low midpoint, more weakness seen

SHANGHAI: China's yuan closed weaker against the dollar on Tuesday after the central bank again set the midpoint at

Published 15 Dec, 2015 09:30am

Financial

Yuan hits 4-1/2-year low as China aims to loosen peg to dollar

SHANGHAI: China's yuan closed at its weakest level since July 2011 on Monday, after the central bank said it had beg

Published 14 Dec, 2015 10:26am

Financial

China, UAE renew 35bn yuan currency swap deal

BEIJING: China and the United Arab Emirates have renewed their local currency swap agreement for a further three years,

Published 14 Dec, 2015 09:55am

Financial

China central bank sets yuan/dollar midpoint at weakest level since July 2011

SHANGHAI; The People's Bank of China set its official midpoint rate at 6.4495 per dollar prior to the market open on

Published 14 Dec, 2015 09:41am

Financial

Dollar rises ahead of expected Fed rate hike

TOKYO: The dollar broadly rose Monday ahead of a key US central bank policy meeting, while China's yuan hit fresh mu

Published 14 Dec, 2015 05:37am

Financial

China opens door to weaker yuan

NEW YORK: China's yuan continued to tumble Friday after the government opened the door to further weakness, signalin

Published 12 Dec, 2015 12:22am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record intraday low on Friday as strong demand for dollars from importers outpaced s

Published 11 Dec, 2015 01:25pm

Financial

China cuts yuan to over four-year low vs dollar

SHANGHAI: China's central bank on Friday cut the yuan's value against the greenback to its lowest in more than f

Published 11 Dec, 2015 11:11am

Financial

Dollar ticks up as expected Fed rate hike draws closer

TOKYO: The dollar broadly rose against its major peers Friday as a key Federal Reserve meeting draws closer with policym

Published 11 Dec, 2015 06:36am

Financial

China's yuan hits another 4-year low, offshore gap widens

SHANGHAI/LONDON: China's yuan closed down against the dollar for the fifth session on Thursday while the offshore ma

Published 10 Dec, 2015 09:39pm

Financial

China's yuan opens weakest in nearly 4 months as PBOC permits depreciation

SHANGHAI: China's yuan weakened at open on Thursday after the central bank set the midpoint at a more than 4-year lo

Published 10 Dec, 2015 02:16am

Financial

Australia, NZ dollars surge on stunning jobs and RBNZ cut

SYDNEY: The Australian and New Zealand dollars surged on Thursday after markets were wrong footed by another stunning jo

Published 10 Dec, 2015 02:15am

Financial

Euro, yen lead gains as USD suffers positioning setback

SYDNEY: The euro held on to solid gains early on Thursday and stayed above the $1.10 big figure after comments from a ce

Published 10 Dec, 2015 01:26am

Financial

Sri Lankan rupee eases slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Wednesday as dollar demand from importers slightly outpaced gree

Published 09 Dec, 2015 02:12pm

Financial

Weaker yen post-Fed would give BoJ more policy latitude

TOKYO: The Bank of Japan will have more latitude to maintain its current policy stance if a Federal Reserve interest rat

Published 08 Dec, 2015 02:08pm

Financial

Sri Lankan rupee ends firm on dollar selling by bank, exporters

COLOMBO: The Sri Lankan rupee closed firmer on Tuesday due to dollar selling by exporters and a private foreign bank, an

Published 08 Dec, 2015 12:37pm

Financial

China's yuan ends at weakest versus dollar in more than 4 years

SHANGHAI: China's onshore yuan closed at its weakest against the dollar in more than 4 years on Tuesday, after the c

Published 08 Dec, 2015 09:00am

Financial

Yen gains as Japan averts recession

TOKYO: The yen picked up Tuesday after better-than-expected Japanese growth data eased worries about the economy, and lo

Published 08 Dec, 2015 07:36am

Financial

China's onshore yuan opens at weakest since late August

SHANGHAI: China's yuan opened at its lowest level since late August on Tuesday, after the central bank set a weaker

Published 08 Dec, 2015 01:39am

Financial

Australia, NZ dollar nurse heavy losses on oil, NZ rate outlook

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing heavy losses on Tuesday after a tumble in oil pri

Published 08 Dec, 2015 01:34am

Financial

Dollar benefits as commodity currencies slide on oil spill

SYDNEY: The US dollar was broadly firmer early on Tuesday and at decade-highs against its Canadian peer, which along wit

Published 08 Dec, 2015 01:04am

Financial

Indonesia's forex reserves at $100.2bn by end-November

JAKARTA: Indonesia's foreign exchange reserves barely changed in November, standing at $100.24 billion at the end of

Published 07 Dec, 2015 02:45pm

Financial

China FX reserves plung to lowest level since Feb 2013

BEIJING: China's foreign exchange reserves, the world's largest, fell by $87.2 billion in November to $3.44 tril

Published 07 Dec, 2015 02:10pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday, as dollar demand from importers rose, but a bout of gree

Published 07 Dec, 2015 01:38pm

Financial

China's offshore yuan trades at weakest since early Sept

SHANGHAI: China's offshore yuan was trading at 6.4622 per dollar late on Monday afternoon, its weakest level since S

Published 07 Dec, 2015 08:41am

Financial

Dollar rises as upbeat US jobs data clears way for rate hike

TOKYO: The dollar rose Monday as strong US jobs data cleared what analysts said may be the final hurdle to the first Fed

Published 07 Dec, 2015 07:34am

Financial

Australia, NZ dollar slightly weaker ahead of data, RBNZ meeting

SYDNEY/WELLINGTON: The Australian and New Zealand dollars kept just below recent peaks on Monday with the market relucta

Published 07 Dec, 2015 02:22am

Financial

Dollar steadier after jobs data, China in focus this week

SYDNEY: The dollar got off to a subdued start on Monday, having recovered a bit of ground late last week after upbeat pa

Published 07 Dec, 2015 01:12am

Financial

Euro holds gains after surging on ECB stimulus move

TOKYO: The euro held most of its gains Friday as the European Central Bank's increased economic stimulus fell well s

Published 04 Dec, 2015 07:14am

Financial

Euro slides on ECB stimulus expectations

TOKYO: The euro slid in Asia Thursday ahead of a key meeting of the European Central Bank where policymakers are widely

Published 03 Dec, 2015 07:01am

Financial

Euro struggles ahead of key ECB meeting

TOKYO: The euro struggled Wednesday despite surprisingly upbeat eurozone economic data that cast doubt on the prospect o

Published 02 Dec, 2015 02:09pm

Financial

Euro treads water ahead of key ECB meeting

TOKYO: The euro treaded water in Asia Wednesday after surprisingly upbeat data suggested the eurozone's economy may

Published 02 Dec, 2015 06:50am

Financial

Dollar trips on disappointing data, Aussie shines

SYDNEY: The US dollar nursed broad losses early on Wednesday, having retreated from a multi-month peak as bulls got cold

Published 01 Dec, 2015 11:00pm

Financial

Dollar rally hits roadblock in Asian trading

TOKYO: The dollar fell against the yen, euro and a string of emerging Asian currencies Tuesday as investors turned cauti

Published 01 Dec, 2015 06:33am

Financial

Sri Lankan rupee ends weaker as importer demand surpasses inward remittances

COLOMBO: The Sri Lankan rupee ended weaker on Monday in light trade, hovering near a record low hit in the previous sess

Published 30 Nov, 2015 03:44pm

Financial

Euro weak ahead of European Central Bank meeting

TOKYO: The euro on Friday hovered around seven-month lows on the dollar and was also weak against Asian currencies on sp

Published 27 Nov, 2015 07:55am

Financial

Asia FX weaken; yuan set for longest weekly losing streak in 5 months

SINGAPORE: Most emerging Asian currencies eased on Friday and were set to suffer weekly losses on broad strength in the

Published 27 Nov, 2015 06:52am

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to a record low of 143.15 per dollar on Thursday, posting its fourth straight session

Published 26 Nov, 2015 11:57am

Financial

Euro weakens on ECB stimulus speculation

TOKYO: The euro lost ground in Asian trading Thursday on growing expectations that the European Central Bank will announ

Published 26 Nov, 2015 06:56am

Financial

Safe-haven currencies get boost after Turkey jet strike

TOKYO: The yen and euro got a boost Wednesday as the Turkish downing of a Russian fighter jet sent investors into safer

Published 25 Nov, 2015 05:42am

Financial

Dollar holds euro gains but dips against emerging units

TOKYO: The dollar held its gains against the euro on Tuesday as markets bet on a Federal Reserve rate hike next month, w

Published 24 Nov, 2015 06:35am

Financial

Dollar up on rate rise as markets slow ahead of Thanksgiving

SINGAPORE: The dollar rose against the yen and emerging Asian currencies on Monday, boosted by a looming US interest rat

Published 23 Nov, 2015 06:24am

Financial

Dollar under pressure as Fed timetable in focus

TOKYO: The dollar edged down for a second day against emerging market currencies in Asia Friday as dealers focus on the

Published 20 Nov, 2015 08:07am

Financial

Sri Lankan rupee edges down ahead of budget

COLOMBO: The Sri Lankan rupee edged lower on Thursday as importer dollar demand surpassed mild greenback sales by export

Published 19 Nov, 2015 02:32pm

Financial

Dollar falls in Asia as Fed rate hikes seen as gradual

TOKYO: The dollar eased from seven-month highs against the euro Thursday as risk appetite was boosted by an upbeat outlo

Published 19 Nov, 2015 09:05am

Financial

Sri Lankan rupee edges up from record closing low on bank dollar sales

COLOMBO: The Sri Lankan rupee edged up on Wednesday, recovering from a record closing low in the previous session as dol

Published 18 Nov, 2015 02:18pm

Financial

China tightens offshore yuan market to slow outflows, rates rise

BEIJING/SHANGHAI: China has moved to restrict trade at offshore yuan clearing banks, sources told Reuters on Wednesday,

Published 18 Nov, 2015 11:35am

Financial

Dollar holds strength against euro in Asian trade

TOKYO: The dollar sat at seven-month highs against the euro and stood firm against the yen Wednesday following a pick-up

Published 18 Nov, 2015 07:17am

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to an all-time low of 142.50 per dollar on Tuesday due to importer dollar demand ahea

Published 17 Nov, 2015 12:33pm

Financial

Sri Lankan rupee near record low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Monday, not far from an all-time low hit in the previous session, on impor

Published 16 Nov, 2015 12:55pm

Financial

Euro sinks as safe havens rally after Paris attacks

TOKYO: The euro fell against its major peers in Asia Monday as dealers shifted back to safer investments after the deadl

Published 16 Nov, 2015 11:52am

Financial

China's yuan takes leap towards joining IMF currency basket

WASHINGTON: China's yuan moved closer to joining other top global currencies in the International Monetary Fund'

Published 14 Nov, 2015 03:29pm

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low on Friday as importer dollar demand surpassed the greenback sales from a

Published 13 Nov, 2015 02:15pm

Financial

Dollar under pressure on weak stocks ahead of US retail data

TOKYO: The dollar came under further selling pressure on Friday as investors turned cautious over falling global stocks

Published 13 Nov, 2015 06:53am

Financial

Sri Lankan rupee ends weaker near record low; budget awaited

COLOMBO: The Sri Lankan rupee edged down on Thursday, hovering near its record low hit earlier in the week, due to impor

Published 12 Nov, 2015 12:40pm

Financial

US dollar slips as Aussie lifted by jobs data

TOKYO: The dollar eased against most currencies in Asia early Thursday after surging at the start of the week, while a s

Published 12 Nov, 2015 07:29am

Financial

Dollar retreats as China data fails to lift worries

TOKYO: The dollar retreated in Asia on Wednesday after rallying on last week's US jobs data, as analysts said the la

Published 11 Nov, 2015 08:48am

Financial

Dollar eases against emerging market units after surge

TOKYO: The dollar edged down against most emerging market units Tuesday after the previous day's surge but ticked up

Published 10 Nov, 2015 10:19am

Financial

Dollar consolidates as payrolls-inspired rally cools

SYDNEY: The dollar hovered just below a seven-month peak against a basket of major currencies early on Tuesday, having c

Published 09 Nov, 2015 10:48pm

Financial

Asia emerging currencies slump on strong US jobs data

TOKYO: High-yielding emerging market currencies often seen as riskier assets suffered big losses on Monday in Asia after

Published 09 Nov, 2015 06:51am

Financial

Dollar holds gains ahead of key US jobs reports

TOKYO: The dollar on Friday hovered around two-month highs on the yen and rose against a string of emerging currencies a

Published 06 Nov, 2015 08:16am

Financial

Dollar steady as Fed chief keeps December rate rise in play

TOKYO: The dollar held steady in Asia Thursday after US central bank chief Janet Yellen suggested that a December US int

Published 05 Nov, 2015 06:54am

Financial

Sri Lankan rupee at record low ahead of key policy statement

COLOMBO: The Sri Lankan rupee fell 0.2 percent to end at a record low on Wednesday, due to higher demand for the dollar

Published 04 Nov, 2015 01:44pm

Financial

South Korea Oct fx reserves inch up to 3-month high

SEOUL: South Korea's foreign exchange reserves in October inched up to their highest level in three months thanks ma

Published 04 Nov, 2015 11:18am

Financial

China's yuan firms on Xi comment, dollar sales by state banks

SHANGHAI: China's yuan firmed against the dollar on Wednesday after President Xi Jinping said the country could main

Published 04 Nov, 2015 06:35am

Financial

Sri Lankan rupee steady in dull trade

COLOMBO: The Sri Lankan rupee was steady in thin trade on Tuesday as importer demand for the dollar offset mild greenbac

Published 03 Nov, 2015 07:49am

Financial

China gives currency largest boost in a decade

BEIJING: China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and rep

Published 02 Nov, 2015 07:21am

Financial

Dollar struggles after weak US, China data

TOKYO: The dollar extended its losses against the yen and euro Monday as weak US and Chinese data fuelled concerns about

Published 02 Nov, 2015 06:56am

Financial

Yen rises, Asia stocks fall ahead of Bank of Japan decision

HONG KONG: The yen edged up against the dollar while Tokyo equities dipped in early trade as investors await the end of

Published 30 Oct, 2015 06:24am

Financial

Dollar up on Fed's rate hint, yen boosted by Japan data

TOKYO: The dollar rallied Thursday on the Federal Reserve's upbeat outlook for the US economy and put a December int

Published 29 Oct, 2015 06:04am

Financial

Aussie dollar, emerging currencies dip in Asian trading

TOKYO: Jittery investors moved out of emerging market currencies Wednesday as they look to key US and Japanese central b

Published 28 Oct, 2015 06:57am

Financial

Yen rises against dollar as bank meetings eyed

TOKYO: The yen rose in Asia on Tuesday ahead of a closely watched Bank of Japan policy meeting this week while traders b

Published 27 Oct, 2015 07:05am

Financial

Dollar jumps against emerging currencies on China jitters

TOKYO: The dollar picked up against some emerging currencies Monday, as China's interest rate cut at the end of last

Published 26 Oct, 2015 06:43am

Financial

Emerging currencies soar as ECB hints at fresh stimulus

TOKYO: The euro held on to losses and emerging currencies soared Friday after the head of the European Central Bank (ECB

Published 23 Oct, 2015 12:35pm

Financial

Sri Lankan rupee tad weaker on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee traded a tad weaker on Thursday due to importer dollar demand, dealers said.The rupee was

Published 22 Oct, 2015 08:08am

Financial

Dollar weakens against commodity-linked currencies

TOKYO: Commodity-linked currencies rose against the dollar Thursday as oil prices recovered while sentiment got a boost

Published 22 Oct, 2015 07:09am

Financial

Yen under pressure on Bank of Japan stimulus bets

TOKYO: The yen was under pressure Wednesday as poor Japanese trade data stoked speculation that the Bank of Japan may un

Published 21 Oct, 2015 06:29am

Financial

Dollar index to rise to 95.352

SINGAPORE: The dollar index is expected to rise to 95.352 in a week, as it has climbed above a resistance at 94.518. The

Published 19 Oct, 2015 08:30am

Financial

HKMA sells HK$13.64bn to keep Hong Kong dollar in trading band

HONG KONG: The Hong Kong Monetary Authority (HKMA) stepped into the currency market and sold a total of HK$13.64 billion

Published 17 Oct, 2015 08:21am

Financial

Australia, NZ dollars run into profit-taking after large gains

SYDNEY: The Australian and New Zealand dollars ran into profit-taking on Friday following two sessions of hefty gains, w

Published 16 Oct, 2015 07:24am

Financial

Dollar gains on US inflation data, ECB easing expectations

TOKYO: The dollar rebounded from 7-week lows on Friday thanks to stronger-than-expected US inflation data and after Euro

Published 16 Oct, 2015 07:15am

Financial

China's yuan softens on dollar rebound, talk of looming rate cut

SHANGHAI: China's yuan weakened on Friday after the dollar rebounded in global markets and as investors expected fur

Published 16 Oct, 2015 07:12am

Financial

JGBs little changed, traders look to Kuroda

TOKYO: Japanese government bond prices were little changed on Friday, with market players looking to Bank of Japan Gover

Published 16 Oct, 2015 06:51am

Financial

Sri Lankan rupee edges up on dollar selling by banks; stocks up

COLOMBO: The Sri Lankan rupee edged up on Friday due to dollar selling by banks and on expectations of inflows after a b

Published 16 Oct, 2015 06:39am

Financial

Australia, NZ dollars nurse losses as China weighs

SYDNEY: The Australian and New Zealand dollars nursed losses on Wednesday as concerns about China and global growth sent

Published 14 Oct, 2015 09:00am

Financial

Dollar weakens against yen on demand for safer assets

TOKYO: The dollar declined against the yen on Wednesday on expectations a US interest rate rise will be delayed while de

Published 14 Oct, 2015 08:43am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday due to importer dollar demand and weak exporter dollar sales, deal

Published 13 Oct, 2015 12:15pm

Financial

Dollar rises against emerging currencies after China data

TOKYO: The dollar rallied against emerging currencies in Asia Tuesday as Chinese trade data showing an import slump fuel

Published 13 Oct, 2015 06:14am

Financial

Sri Lankan rupee ends weaker on late importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Monday as late importer dollar demand outpaced dollar selling by banks, de

Published 12 Oct, 2015 11:46am

Financial

Sri Lankan rupee rises on bank dollar selling

COLOMBO: The Sri Lankan rupee ended up on Friday as banks sold dollars with subdued importer dollar demand due to measur

Published 09 Oct, 2015 01:03pm

Financial

Emerging currencies, Asia equities rally on Fed minutes

HONG KONG: Malaysia's ringgit and Indonesia's rupiah led an emerging market rally against the dollar Friday whil

Published 09 Oct, 2015 12:08pm

Financial

Dollar stung by Fed minutes, commodity currencies outperform

SYDNEY: The dollar started trade in Asia on Friday under a cloud, having come under renewed pressure after minutes of th

Published 08 Oct, 2015 11:34pm

Financial

Emerging market currencies make fresh gains

TOKYO: The dollar declined further against some emerging Asian currencies Thursday on waning expectations of an early ri

Published 08 Oct, 2015 06:35am

Financial

Sri Lankan rupee ends higher on dollar selling by bank, low importer demand

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday as a private bank sold dollars amid tepid demand for the greenba

Published 07 Oct, 2015 12:41pm

Financial

Yen firmer after BoJ holds fire on fresh easing

TOKYO: The yen rose against the dollar Wednesday after the Bank of Japan refrained from expanding its monetary easing pr

Published 07 Oct, 2015 07:50am

Financial

Sri Lankan rupee ends higher on bank dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Tuesday, as dollar selling by a private bank surpassed demand fo

Published 06 Oct, 2015 12:10pm

Financial

Dollar holds steady on improved risk appetite

TOKYO: The dollar held its ground on Tuesday against major currencies as investors returned to equities, betting that th

Published 06 Oct, 2015 06:16am

Financial

Sri Lankan rupee steady on bank dollar sales; stx little changed

COLOMBO: The Sri Lankan rupee traded steady on Monday as importer dollar demand offset greenback sales by a private bank

Published 05 Oct, 2015 06:40am

Financial

Dollar steady against emerging market currencies

TOKYO: The dollar faced selling pressure against major currencies but strengthened against most of its Asia-Pacific peer

Published 05 Oct, 2015 06:00am

Financial

Sri Lankan rupee firmer on bank dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Friday on dollar sales by a private bank amid mild demand for the greenbac

Published 02 Oct, 2015 03:02pm

Financial

China's yuan rises on pre-holiday demand, central bank intervention

SHANGHAI: China's yuan firmed against dollar both onshore and offshore on Wednesday as demand for the currency soare

Published 30 Sep, 2015 05:46am

Financial

Yen gains on commodity worries ahead of US jobs data

TOKYO: The yen gained Tuesday on worries that China's economy will weigh on global growth, while other Asian currenc

Published 29 Sep, 2015 06:23am

Financial

Dollar rises on rate hike talk, stocks hurt by China fears

HONG KONG: An uptick in US economic growth increased expectations the Federal Reserve will hike US interest rates by the

Published 28 Sep, 2015 07:24am

Financial

Dollar, yen up on growth fears, Yellen speech in focus

TOKYO: Asian traders shifted to safety Thursday with the dollar extending gains against emerging currencies as China con

Published 24 Sep, 2015 08:54am

Financial

Asian currencies retreat as talk of Fed rate hike returns

SINGAPORE: The dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest r

Published 22 Sep, 2015 06:39am

Financial

Dollar slips in Asia after Fed stands pat on rates

TOKYO: The dollar fell against the yen on Friday in Asia after the US Federal Reserve held fire on raising rates, citing

Published 18 Sep, 2015 07:11am

Financial

Dollar weakens in tentative trade ahead of Fed decision

TOKYO: The dollar was broadly weaker in cautious Tokyo trade Wednesday, ahead of a US interest rate decision this week t

Published 16 Sep, 2015 07:33am

Financial

Sri Lankan rupee at record low on importer dollar demand

COLOMBO: The Sri Lankan rupee weakened 0.3 percent on Tuesday, hitting a record low for a third session in a row due to

Published 15 Sep, 2015 12:22pm

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched an all-time low of 140.00 per dollar on Monday due to importer dollar demand, alth

Published 14 Sep, 2015 02:30pm

Financial

Dollar broadly weaker in Asian trade

TOKYO: The dollar broadly weakened against its Asian peers on Monday, fuelled by persistent worries over China's eco

Published 14 Sep, 2015 06:54am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell 0.25 percent on Friday, hitting a record low as late importer dollar demand outpaced

Published 11 Sep, 2015 11:43am

Financial

South Korea won rises, tracking Chinese yuan; shares lose ground

SEOUL: The South Korean won joined most its regional peers in strengthening against the dollar on Friday, led by the Chi

Published 11 Sep, 2015 06:59am

Financial

Dollar broadly lower as traders move to riskier currencies

TOKYO: A broadly upbeat mood across Asian markets helped boost higher-risk currencies Friday, although analysts said tra

Published 11 Sep, 2015 06:35am

Financial

Yen picks up as tumbling equity markets hurt sentiment

TOKYO: The yen picked up in Asian currency trading Thursday as traders moved into safer assets after regional equity mar

Published 10 Sep, 2015 06:53am

Financial

Yen sold as sentiment picks up on equity market surge

TOKYO: Currency traders sold the yen Wednesday as they moved into riskier assets on a wave of surging global equity mark

Published 09 Sep, 2015 09:31am

Financial

Sri Lankan rupee ends down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Tuesday as importer dollar demand outpaced greenback selling by exporters in the a

Published 08 Sep, 2015 12:28pm

Financial

Dollar ticks up in Asian trading

TOKYO: The dollar ticked up in Asia on Monday, after retreating last week on the back of a mixed US jobs report that clo

Published 07 Sep, 2015 06:45am

Financial

Yen strengthens ahead of US jobs report

TOKYO: The yen strengthened on Friday as nervous investors pushed into safer assets ahead of a closely watched US jobs r

Published 04 Sep, 2015 06:06am

Financial

Sri Lankan rupee at record low after state bank raises dollar peg

COLOMBO: The Sri Lankan rupee closed at an all-time low on Thursday as a state-run bank, through which the central bank

Published 03 Sep, 2015 11:50am

Financial

Dollar firms as investors shift focus on US jobs data

TOKYO: The dollar firmed against the euro and yen in Asia Wednesday as optimism grew over the health of the US economy.B

Published 02 Sep, 2015 05:23am

Financial

Dollar weakens further in Asia

TOKYO: The dollar lost ground for a second day Tuesday in line with a fall in Asian shares, as concerns about the global

Published 01 Sep, 2015 06:54am

Financial

Sri Lankan rupee ends weaker ahead of central bank policy meeting

COLOMBO: The Sri Lankan rupee closed lower for a second straight session on Monday as a state-run bank, through which th

Published 31 Aug, 2015 11:50am

Financial

Dollar's rate rise rally fizzles as China fears weigh

TOKYO: The dollar slipped against the yen and euro Monday on fears that China's economic malaise could drag on globa

Published 31 Aug, 2015 06:59am

Financial

Sri Lankan rupee falls after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell on Friday as a state-run bank, through which the central bank usually directs the mar

Published 28 Aug, 2015 11:52am

Financial

Dollar ticks up after upbeat US growth figures

TOKYO: The dollar rose against the yen Friday after upbeat US growth data suggested the world's top economy was weat

Published 28 Aug, 2015 05:06am

Financial

Australian, NZ dollars underpinned by global equities rally

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a firmer footing on Thursday, as a sharp rebound in As

Published 27 Aug, 2015 06:32am

Financial

Currency traders sell the yen as China fears ease

TOKYO: Currency traders sold the yen Thursday as worries over China's economic slowdown eased slightly and after equ

Published 27 Aug, 2015 05:41am

Financial

Australian, NZ dollars capped by Chinese market turmoil

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were held hostage on Wednesday to developments in China in ano

Published 26 Aug, 2015 06:16am

Financial

Dollar ticks up after China moves to calm market turmoil

TOKYO: The dollar ticked up against the yen on Wednesday as Chinese authorities moved to shore up the world's number

Published 26 Aug, 2015 05:40am

Financial

Indian rupee, bonds gain after China eases rates, reserve requirements

MUMBAI: The Indian rupee extended gains in afternoon trading on Tuesday, rebounding further from a two-year low against

Published 25 Aug, 2015 12:08pm

Financial

Sri Lankan rupee falls after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell for a third straight session on Tuesday after a state-run bank, through which the cen

Published 25 Aug, 2015 11:59am

Financial

Australian, NZ dollars bounce off 6-years lows, but sentiment fragile

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Tuesday as investors went bargain hunt

Published 25 Aug, 2015 05:52am

Financial

Dollar climbs vs yen as risk aversion eases

SINGAPORE/TOKYO: The dollar rose more than 1 percent against the yen on Tuesday and pulled away from seven-month lows as

Published 25 Aug, 2015 05:44am

Financial

China's yuan weakens as stock market extends decline

SHANGHAI: China's yuan dipped against the dollar on Tuesday after closing at its weakest level since 2011 on Monday,

Published 25 Aug, 2015 05:39am

Financial

Japan finance minister warns over yen's rapid rise

TOKYO: Japan's finance minister on Tuesday warned over the yen's rapid rise after the dollar plunged to a seven-

Published 25 Aug, 2015 05:27am

Financial

Sri Lankan rupee weaker after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee ended weaker on Monday for the second straight session after a state-run bank, through whi

Published 24 Aug, 2015 01:18pm

Financial

Dollar dumped on China economy jitters

TOKYO: Currency traders dumped the dollar Monday on the back of a global equities rout, as fears about China and the glo

Published 24 Aug, 2015 07:39am

Financial

Dollar takes a hit on global growth jitters

TOKYO: Currency traders sold the dollar in Asian trading on Friday as confidence in the global economy headed south and

Published 21 Aug, 2015 05:21am

Financial

Dollar struggles as Fed minutes dampen rate-hike hopes

TOKYO: The dollar was under pressure against the yen and euro in Asia Thursday after surprisingly bearish minutes from t

Published 20 Aug, 2015 07:50am

Financial

Kazakh currency falls 23pc after switch to free-float

ASTANA: Energy-rich Kazakhstan announced Thursday it was abandoning its currency band for a free-floating exchange rate,

Published 20 Aug, 2015 06:14am

Financial

Dollar struggles as Fed minutes dampen rate-hike hopes

TOKYO: The dollar was under pressure in Asian trading Thursday after surprisingly bearish minutes from the US Federal Re

Published 20 Aug, 2015 05:00am

Financial

Sri Lankan rupee ends firmer as state-run bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended higher on Wednesday after a state-run bank, through which the central bank usually d

Published 19 Aug, 2015 01:14pm

Financial

Dollar up on rate hike hopes, baht falls after Bangkok blast

TOKYO: The dollar rose against the yen Tuesday as strong housing data bolstered hopes for a US interest rate hike, while

Published 18 Aug, 2015 05:25am

Financial

Sri Lanka rupee falls as state bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell on Monday, declining for a third session in four, as a state-run bank raised the curr

Published 17 Aug, 2015 12:12pm

Financial

China strengthens yuan rate against dollar by 0.01pc

SHANGHAI: China's central bank on Monday raised the value of the yuan against the US dollar by 0.01 percent, the nat

Published 17 Aug, 2015 06:55am

Financial

Dollar gains on September rate hike hopes

TOKYO: The dollar rose against the euro and yen on Monday as upbeat US data kept hopes for an interest rate rise as earl

Published 17 Aug, 2015 06:41am

Financial

Malaysian ringgit at 17-year low on oil, politics, yuan

KUALA LUMPUR: Malaysia's ringgit currency suffered one of its worst one-day declines on Friday, falling to a fresh 1

Published 14 Aug, 2015 01:40pm

Financial

Sri Lanka rupee ends weaker for 2nd day as state bank raises dollar peg

COLOMBO: The Sri Lankan rupee ended weaker on Thursday for the second straight session as a state-run bank raised the cu

Published 13 Aug, 2015 01:49pm

Financial

Asian currencies recover after yuan-cut rout

TOKYO: Asian currencies gained Thursday, rebounding from the worst two-day rout in almost 20 years after China reassured

Published 13 Aug, 2015 08:25am

Financial

Dollar jumps after China devalues currency again

TOKYO: The dollar rose against a range of Asia-Pacific currencies on Wednesday after China cut the value of the yuan aga

Published 12 Aug, 2015 04:31am

Financial

Sri Lanka rupee ends steady despite importer dollar demand

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as a state-run bank, through which the central bank usually direct

Published 11 Aug, 2015 05:54pm

Financial

China yuan devaluation pressures Asian currencies

TOKYO: Asia's currencies came under pressure on Tuesday after China unexpectedly devalued its yuan currency in the f

Published 11 Aug, 2015 05:30am

Financial

Dollar rises against yen after US jobs report

TOKYO: The dollar rose against the yen in Asia on Monday after a solid US jobs report boosted expectations that the Fede

Published 10 Aug, 2015 05:43am

Financial

Australia, NZ dollars seen lower again on rate outlook

SYDNEY: Analysts have again cut their forecasts for the Australian and New Zealand dollars to reflect the diverging outl

Published 07 Aug, 2015 05:56am

Financial

Dollar ticks up ahead of US jobs data

TOKYO: The dollar rose against the euro and yen Friday as traders focus on key US jobs data later in the day, with an up

Published 07 Aug, 2015 04:50am

Financial

South Korea won inches up ahead of US key jobs data; shares fall

SEOUL: The South Korean won inched up to the dollar on Thursday as some traders trimmed dollar-long positions ahead of U

Published 06 Aug, 2015 07:52pm

Financial

Sri Lanka rupee ends steady; state bank dollar sales offset importer demand

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as dollar selling by a state-run bank offset importer demand for

Published 05 Aug, 2015 02:17pm

Financial

Dollar rises after Fed official's rate hike comment

TOKYO: The dollar rose against the euro and yen in Asia Wednesday, adding to gains driven by a US Federal Reserve offici

Published 05 Aug, 2015 06:15am

Financial

Euro under pressure after hair-raising Greek stock plunge

TOKYO: The euro was under pressure Tuesday following a sell-off in New York as a plunge on the Greek stock market revive

Published 04 Aug, 2015 07:42am

Financial

Dollar rally takes breather in Asia

TOKYO: The dollar eased against the yen Friday after a three-day rally driven by upbeat US economic growth and expectati

Published 31 Jul, 2015 09:48am

Financial

Dollar picks up after Fed boosts view on economy

TOKYO: The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying

Published 30 Jul, 2015 06:59am

Financial

Dollar dips ahead of Fed policy statement

TOKYO: The dollar eased Wednesday as traders remained on edge after a China stock market plunge this week and as the Fed

Published 29 Jul, 2015 06:00am

Financial

Sri Lanka rupee up after state bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended a tad firmer on Tuesday after a state-run bank cut the currency's peg against th

Published 28 Jul, 2015 07:23pm

Financial

Dollar under pressure on China equity rout concerns

TOKYO: The dollar recovered slightly against the yen Tuesday, although gains were limited as investors remain on edge af

Published 28 Jul, 2015 06:57am

Financial

Dollar edges down ahead of Fed meeting

TOKYO: The dollar was under pressure Monday following weak US housing figures, as traders await the start of the Federal

Published 27 Jul, 2015 07:31am

Financial

Euro softens in Asia after Greece gains

TOKYO: The euro lost early gains in Asia on Friday after getting a boost from progress in the Greek debt crisis, while t

Published 24 Jul, 2015 01:03pm

Financial

Dollar hits new multi-year highs against emerging market units

TOKYO: The dollar hit fresh multi-year highs against some emerging market currencies Friday as investors increasingly be

Published 24 Jul, 2015 12:59pm

Financial

NZ dollar jumps after RBNZ cuts rates, softens FX stance

WELLINGTON: The New Zealand dollar jumped to a one-week high on Thursday after the Reserve Bank of New Zealand delivered

Published 22 Jul, 2015 11:15pm

Financial

Sri Lanka rupee ends steady on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Wednesday in dull trade as a state-owned bank maintained its dollar-sellin

Published 22 Jul, 2015 11:09pm

Financial

Dollar rally stumbles ahead of Fed meeting

TOKYO: The dollar's rally against the yen stumbled Wednesday before a Federal Reserve meeting next week which could

Published 22 Jul, 2015 08:29am

Financial

Sri Lanka rupee ends higher as state bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as a state-run bank cut the currency's peg against the US doll

Published 21 Jul, 2015 07:25pm

Financial

Dollar picks up on interest rate hike speculation

TOKYO: The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations th

Published 21 Jul, 2015 11:24am

Financial

Sri Lanka rupee ends steady for 5th session on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady for a fifth straight session on Monday as a state-run bank kept the selling r

Published 20 Jul, 2015 12:58pm

Financial

Dollar firm in Asia with focus on Fed rate hike timing

SINGAPORE: The dollar firmed in Asia Monday with investors focusing on the timing of a US interest rate increase after d

Published 20 Jul, 2015 07:43am

Financial

Dollar holds up as Greece, China fears ease

TOKYO: The dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese sto

Published 17 Jul, 2015 12:26pm

Financial

Sri Lanka rupee ends steady on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133

Published 16 Jul, 2015 12:55pm

Financial

Yen dips after Bank of Japan cuts growth, inflation forecasts

TOKYO: The yen edged lower Wednesday as Japan's central bank cut its annual growth and inflation forecasts for the w

Published 15 Jul, 2015 07:04am

Financial

Dollar higher against euro after Greece deal

TOKYO: The dollar rose against the euro in Asian trade Tuesday after Greece reached a tentative new bailout deal, with i

Published 14 Jul, 2015 05:40am

Financial

Sri Lanka rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee ended steady for a sixth straight session on Friday in dull trade as demand for more dolla

Published 10 Jul, 2015 12:49pm

Financial

Yen rally hits roadblock in Asian trade

TOKYO: The yen's brief climb hit a block in Asia Thursday with sentiment picking up as Chinese stock markets rallied

Published 09 Jul, 2015 07:34am

Financial

Sri Lanka spot rupee steady for 3rd session; state bank sells dollar

COLOMBO: The Sri Lankan rupee ended steady for a third straight session on Tuesday in dull trade as a state-run bank sol

Published 07 Jul, 2015 12:04pm

Financial

Malaysia ringgit hits 16-year low on political uncertainty

KUALA LUMPUR: Malaysia's ringgit hit a 16-year low Monday on growing political uncertainty following allegations tha

Published 06 Jul, 2015 07:53am

Financial

Euro steady as investors weigh risks of Greek exit

TOKYO: The euro held its ground in Asia on Monday despite the odds of a Greek exit from the eurozone spiking after the c

Published 06 Jul, 2015 06:36am

Financial

Mixed US jobs report weighs on dollar

TOKYO: The dollar was under pressure Friday following a mixed US jobs report that has investors questioning the likeliho

Published 03 Jul, 2015 06:50am

Financial

Sri Lankan spot rupee up as state bank lowers dollar selling rate

COLOMBO: The Sri Lankan rupee traded firmer on Thursday as a state-run bank, through which the central bank usually dire

Published 02 Jul, 2015 08:48am

Financial

Euro ticks higher ahead of Greek debt referendum

TOKYO: The euro ticked higher in Asia on Thursday as an upbeat US jobs report boosted sentiment while investors look to

Published 02 Jul, 2015 06:16am

Financial

Euro holds steady after Greece defaults

TOKYO: The euro held steady in Asia on Wednesday as traders shrugged off the widely expected default by Greece, with foc

Published 01 Jul, 2015 05:57am

Financial

Sri Lankan spot rupee steady; forwards weaker on dollar short supply

COLOMBO: The Sri Lankan rupee was steady in dull trade on Monday as a state-run bank, through which the central bank usu

Published 29 Jun, 2015 06:52am

Financial

Euro eases amid Greece debt talks stand-off

TOKYO: The euro lost ground against the dollar and the yen in Asian trade Friday after hopes for a Greek debt deal began

Published 26 Jun, 2015 12:40pm

Financial

Sri Lankan rupee trades steady on state bank dollar selling

COLOMBO: The Sri Lankan rupee was steady in dull trade on Friday as a state-run bank sold dollars at 133.70, dealers sai

Published 26 Jun, 2015 07:10am

Financial

Japan consumer prices up 0.1pc year-on-year in May; govt

TOKYO: Japanese consumer prices grew a tepid 0.1 percent year-on-year in May while household spending rose for the first

Published 26 Jun, 2015 06:47am

Financial

Euro holds on to gains in wait for Greek debt deal

TOKYO: The euro held on to gains on Thursday as market players waited for fresh news from marathon talks over a bailout

Published 25 Jun, 2015 06:18am

Financial

Euro sags as focus returns to US rates

TOKYO: The euro sagged on Wednesday as investors' confidence on a Greek debt deal allowed focus to shift to the pros

Published 24 Jun, 2015 05:38am

Financial

China's yuan flat, short-term stability seen

SHANGHAI: China's yuan was flat against the dollar on Tuesday, moving in a narrow range after the central bank set t

Published 23 Jun, 2015 05:47am

Financial

Euro holds firm as investors wait for Greek deal

TOKYO: The euro held firm on Tuesday, aided by speculation that debt-ridden Greece will reach a bailout deal and avoid d

Published 23 Jun, 2015 05:31am

Financial

Euro holds up despite Greek debt fears

TOKYO: The euro held up Friday with investors weighing the impact of a possible Greek default after the latest talks to

Published 19 Jun, 2015 07:39am

Financial

Yuan little changed on PBOC guidance, seen trading narrowly

SHANGHAI: China's yuan barely moved on Wednesday after the central bank kept its official midpoint almost flat.The P

Published 17 Jun, 2015 05:28am

Financial

Dollar ticks up ahead of Fed meeting

TOKYO: The dollar edged up against the yen and euro Wednesday as investors await the outcome of a Federal Reserve policy

Published 17 Jun, 2015 05:17am

Financial

Euro shakes off Greece woes in Asia, Fed meeting in focus

HONG KONG: The euro edged up in Asia Wednesday despite Greece hitting out at its creditors as its debt reform talks rema

Published 17 Jun, 2015 04:04am

Financial

China's yuan snaps 8-day losing streak on firmer midpoint

SHANGHAI: China's yuan snapped an eight-day losing streak against the dollar on Tuesday and edged up after the centr

Published 16 Jun, 2015 06:21am

Financial

Sri Lanka rupee steady at record low; stocks up

COLOMBO: The Sri Lankan rupee traded steady at a record low on Monday in dull trade as a state-run bank, through which t

Published 15 Jun, 2015 07:41am

Financial

Australia, NZ dollars subdued after week of contrasting fortunes

SYDNEY: The Australian and New Zealand dollars were subdued on Friday after a week that saw the Aussie rally as chances

Published 12 Jun, 2015 07:23am

Financial

China's yuan flat for 3rd straight day, could end week lower

SHANGHAI: China's yuan was flat against the dollar on Friday for the third consecutive trading session after the cen

Published 12 Jun, 2015 07:21am

Financial

Sri Lanka rupee falls to record low

COLOMBO: The Sri Lankan rupee fell to a record low of 134 on Friday as a state-run bank, through which the central bank

Published 12 Jun, 2015 07:04am

Financial

Euro falls as IMF walks out of Greek bailout talks

TOKYO: The euro fell on Friday as hopes for a Greek bailout deal took a hit after the International Monetary Fund pulled

Published 12 Jun, 2015 06:53am

Financial

Sri Lankan rupee steady on dollar selling by state bank

COLOMBO: The Sri Lankan rupee traded steady as a state-run bank continued to sell dollars at 133.80 for the third day on

Published 11 Jun, 2015 07:58am

Financial

Yen retraces after rally as analysts tip further weakness

TOKYO: The yen retreated against the dollar Thursday, giving up strong gains from the previous session spurred by commen

Published 11 Jun, 2015 07:13am

Financial

Dollar strength returns after plunge against yen

TOKYO: The dollar resumed its uptrend against the yen Thursday after suffering a sharp sell-off in the previous session,

Published 11 Jun, 2015 05:58am

Financial

China's yuan flat, dollar supply-demand seen in balance

SHANGHAI: China's yuan steadied against the dollar on Wednesday after the central bank set the daily guidance rate n

Published 10 Jun, 2015 05:29am

Financial

Euro rises on hopes for Greek bailout deal

TOKYO: The euro strengthened Wednesday as investors bet Greece is nearing a bailout deal with its international creditor

Published 10 Jun, 2015 04:47am

Financial

China's yuan slips on weak midpoint, large trade surplus caps losses

SHANGHAI: China's yuan eased against the dollar on Monday after the central bank set the daily guidance rate lower f

Published 08 Jun, 2015 06:49am

Financial

Dollar still strong after US jobs report

TOKYO: The dollar held steady in Asia on Monday after soaring on a strong US jobs report that sparked talk the Federal R

Published 08 Jun, 2015 06:10am

Financial

Euro drifts lower on unresolved Greek debt talks

TOKYO: The euro lost ground Friday on uncertainty about Greece's future in the eurozone as it struck a last-minute d

Published 05 Jun, 2015 05:55am

Financial

Sri Lankan rupee forwards rise amid dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Thursday, gaining for a third straight day on dollar sales amid expec

Published 04 Jun, 2015 12:32pm

Financial

South Korea won posts biggest daily gain in 3 weeks; shares down

SEOUL: The South Korean won posted its biggest daily gain against the dollar in three weeks on Wednesday as the greenbac

Published 03 Jun, 2015 08:19pm

Financial

Dollar pressured after rally fizzles

TOKYO: The dollar was under pressure against the euro and other currencies Wednesday after its rally ended on doubts ove

Published 03 Jun, 2015 06:17am

Financial

Dollar hits more than 12 year high on yen

TOKYO: The dollar hit a more than 12-year high against the yen on Tuesday as upbeat US data reignited talk of an interes

Published 02 Jun, 2015 05:37am

Financial

Sri Lanka rupee forwards gain; spot trading resumes

COLOMBO: Sri Lankan rupee forwards were firmer on Monday as the spot currency started to trade after the island nation r

Published 01 Jun, 2015 09:45am

Financial

Dollar steady in Asia despite weak GDP data

TOKYO: The dollar was steady on Monday despite a first-quarter contraction in the US economy as investors look for clues

Published 01 Jun, 2015 06:16am

Financial

Dollar eases against yen in Asia after rally

TOKYO: The dollar took a breather Friday, after a sharp run-up fuelled by expectations for a US interest rate hike this

Published 29 May, 2015 04:56am

Financial

Sri Lanka rupee forwards gain on 10-year dollar bond launch

COLOMBO: Sri Lankan rupee forwards rose for the first time in nearly two weeks as exporters converted some dollars after

Published 28 May, 2015 12:16pm

Financial

China's yuan little changed as central bank keeps steady hand on tiller

SHANGHAI: China's yuan was little changed against the dollar on Thursday as the central bank kept its daily guidance

Published 28 May, 2015 06:03am

Financial

Dollar soars to more than 12-year high against yen

TOKYO: The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations

Published 28 May, 2015 04:37am

Financial

NZ dollar edges up after Fonterra milk payout announcement

WELLINGTON: The New Zealand dollar rose on Thursday after dairy co-operative Fonterra forecast a slight improvement in g

Published 27 May, 2015 08:51pm

Financial

Sri Lanka rupee forwards down on importer dollar demand

COLOMBO: Sri Lanka's rupee forwards traded weaker on Wednesday due to importer dollar demand amid outflows from fore

Published 27 May, 2015 12:17pm

Financial

Australia, NZ dollars at multi-week lows on Fed hike risk

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell to multi-week lows on Wednesday as the US dollar got a li

Published 27 May, 2015 05:37am

Financial

Sri Lanka rupee spot falls near record low; pressure remains

COLOMBO: Sri Lanka's central bank permitted the spot rupee to fall by 20 cents to a near record low on Tuesday but p

Published 26 May, 2015 03:06pm

Financial

With yen nearing 8-year low, Mrs Watanabe starts buying

TOKYO: Japanese day traders, colloquially and collectively known as "Mrs Watanabe", are buying the yen as it nears eight

Published 26 May, 2015 05:57am

Financial

South Korean won extends fall to 1pc against the dollar

SEOUL: The South Korean won dropped by more than 1 percent on the dollar on Tuesday, and was also weighed down by the Ja

Published 26 May, 2015 05:55am

Financial

Australian and NZ dollars rise on euro, lag on USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended gains versus the euro as more easing by the European

Published 26 May, 2015 05:09am

Financial

China's yuan softens on 3-week low midpoint

SHANGHAI: China's yuan weakened against the dollars for the second consecutive session on Tuesday after the central

Published 26 May, 2015 05:02am

Financial

Dollar at 1-month highs, awaits US data for policy cues

SYDNEY/TOKYO: The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid af

Published 26 May, 2015 04:56am

Financial

Sri Lanka rupee forwards steady as central bank prevents fall

COLOMBO: Sri Lankan rupee forwards ended steady on Monday as the central bank prevented any fall in the currency against

Published 25 May, 2015 01:05pm

Financial

Dollar firms against yen, euro in Asia

TOKYO: The dollar held on to gains against other major currencies in Asian trade Monday after surging last week on a jum

Published 25 May, 2015 09:25am

Financial

Dollar extends gains in Asia on US rate hike hopes

TOKYO: The dollar extended its gains on Wednesday after getting a boost from strong housing data and expectations for mo

Published 20 May, 2015 06:49am

Financial

Dollar extends gains in Asia on US rate hike hopes

TOKYO: The dollar extended its gains on Wednesday after getting a boost from strong housing data and expectations for mo

Published 20 May, 2015 04:52am

Financial

Euro extends losses on Greece worries

TOKYO: The euro extended its losses Tuesday after tumbling in US trade on worries about the long-running talks between c

Published 19 May, 2015 05:00am

Financial

Sri Lanka rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards ended steady on Monday as the central bank's moral suasion defended the local cur

Published 18 May, 2015 03:28pm

Financial

Dollar rebounds after sinking on weak US data

TOKYO: The dollar picked up on Monday after taking a hit from weak US data last week that had fuelled speculation a Fede

Published 18 May, 2015 05:50am

Financial

Sri Lankan rupee 2-month forwards close higher on dollar inflows

COLOMBO: Sri Lankan rupee two-month forwards closed slightly firmer on Thursday due to dollar inflows, dealers said, but

Published 14 May, 2015 07:48pm

Financial

Euro strengthens as eurozone growth picks up

TOKYO: The euro ticked up Thursday on the back of an improving eurozone economy, while a disappointing US retail sales r

Published 14 May, 2015 01:21pm

Financial

Euro ticks up despite Greek debt worries

TOKYO: The euro rose Wednesday on cautious hopes for the eurozone economy, even as Greece admitted that it raided an eme

Published 13 May, 2015 05:35am

Financial

Euro turns up as Greek bailout talks drag on

TOKYO: The euro rallied Tuesday after turning down following a eurozone finance ministers' meeting that failed to re

Published 12 May, 2015 11:28am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday due to importer dollar demand, though the central ban

Published 11 May, 2015 08:01pm

Financial

Euro turns down ahead of Greece debt meeting

TOKYO: The euro slipped in Asia on Monday ahead of a crucial eurozone meeting that Greece hopes will pave the way for a

Published 11 May, 2015 06:10am

Financial

Sri Lankan rupee forwards fall slightly on importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed slightly weaker on Friday as importer dollar demand outpaced selling of the gr

Published 08 May, 2015 12:49pm

Financial

Dollar ticks up after drop on weak jobs data

TOKYO: The dollar picked up Thursday after tumbling on weak US jobs data and a warning from Federal Reserve Chair Janet

Published 07 May, 2015 04:44am

Financial

Vietnam devalues dong to boost growth

HANOI: Vietnam's central bank said Thursday it would devalue the dong currency for the second time this year in a bi

Published 07 May, 2015 04:39am

Financial

NZ Q1 jobless rate flat, wages contained

WELLINGTON: New Zealand's jobless rate was unchanged in the first quarter as the number of jobs created roughly matc

Published 05 May, 2015 11:18pm

Financial

Sri Lankan rupee forwards steady on central bank moral suasion amid imports

COLOMBO: Sri Lankan rupee forwards ended steady in dull trade on Tuesday as the central bank's moral suasion kept th

Published 05 May, 2015 12:54pm

Financial

Dollar up in Asian trade

SINGAPORE: The dollar rose in Asian trade Tuesday on fresh expectations the US central bank may raise interest rates in

Published 05 May, 2015 05:03am

Financial

Yen picks up after BoJ holds fire on stimulus

TOKYO: The yen picked up on Thursday as the Bank of Japan held fire adding to its vast stimulus programme, while the eur

Published 30 Apr, 2015 08:49am

Financial

Yuan edges higher on signs of continued official support

SHANGHAI: The yuan firmed on Wednesday amid signs of official support as the central bank set its daily guidance rate at

Published 29 Apr, 2015 05:40am

Financial

US dollar down ahead of Fed policy decision

SINGAPORE: The dollar softened in Asia Wednesday on expectations that the US Federal Reserve will delay an interest rate

Published 29 Apr, 2015 05:12am

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards slipped on Tuesday as importer dollar demand outpaced early selling of the greenback

Published 28 Apr, 2015 07:27pm

Financial

Dollar struggles to make gains ahead of Fed policy meeting

TOKYO: The dollar edged up Tuesday with investors focused on a Federal Reserve policy meeting as expectations for a June

Published 28 Apr, 2015 05:04am

Financial

China's yuan unchanged against dollar, set to end week flat

SHANGHAI: China's yuan was flat against the dollar on Friday as a wave of dollar demand by big state-owned Chinese b

Published 24 Apr, 2015 05:44am

Financial

Euro drifts lower on Greek default worries

TOKYO: The euro drifted lower Wednesday on fears about a Greek debt default as mayors across the country lashed out at a

Published 22 Apr, 2015 04:53am

Financial

China's yuan slips on weaker midpoint fixing

HONG KONG: China's yuan fell against the dollar on Tuesday, after the central bank set a weaker official midpoint to

Published 21 Apr, 2015 05:25am

Financial

Indian rupee hits 3-1/2-month low; stocks slide on tax worries

MUMBAI: The Indian rupee fell to a three and a half month low in early trade on Tuesday as concerns over retrospective t

Published 21 Apr, 2015 05:22am

Financial

Dollar ticks up despite US rate hike uncertainty

TOKYO: The dollar ticked higher on Tuesday despite comments from a Federal Reserve official that cast doubt on a mid-yea

Published 21 Apr, 2015 04:41am

Financial

Australian, NZ dollars on track to post hefty weekly gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near three-week highs on Friday, buoyed by broad weakn

Published 17 Apr, 2015 05:23am

Financial

China's yuan firms on improved sentiment, set to rise 0.25pc for week

SHANGHAI: China's yuan firmed against the dollar for the third straight session on Friday after the central bank fix

Published 17 Apr, 2015 05:11am

Financial

Dollar struggles as weak US data clouds rate-hike picture

TOKYO: The dollar faced selling pressure Thursday as a batch of weak US data raised the possibility that the Federal Res

Published 16 Apr, 2015 06:22am

Financial

Yuan firms on stronger midpoint, Chinese premier's comments

SHANGHAI: China's yuan jumped to a more than one-week high versus the dollar on Thursday, buoyed by a firmer central

Published 16 Apr, 2015 05:23am

Financial

Sri Lankan rupee forwards end weaker after central bank's surprise rate cut

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand after the central bank in a surpr

Published 15 Apr, 2015 03:02pm

Financial

Dollar edges up in Asian trade

TOKYO: The dollar edged up against other major currencies on Monday after weaker than expected Chinese trade data, suppo

Published 13 Apr, 2015 07:11am

Financial

Dollar steady in early Asian trade

TOKYO: The dollar held up against other major currencies on Monday, backed by investor expectations for US interest rate

Published 13 Apr, 2015 06:30am

Financial

Hong Kong defends US dollar peg as stocks surge

HONG KONG: Hong Kong's de facto central bank intervened in forex markets for the first time in eight months to prote

Published 10 Apr, 2015 07:10am

Financial

Australia, NZ dollars seen lower as rates diverge

SYDNEY: Analysts have again lowered forecasts for the Australian dollar to reflect expectations of falling interest rate

Published 10 Apr, 2015 05:37am

Financial

Dollar firm on expectations of higher US rates

TOKYO: The dollar held firm against other currencies on Friday, after an upbeat US jobs report added to the chances the

Published 10 Apr, 2015 05:08am

Financial

Dollar prevails as euro, sterling hit rocky road

SYDNEY: The dollar hovered at three week highs against a basket of major currencies early on Friday as the hapless euro

Published 09 Apr, 2015 11:17pm

Financial

Dollar firms on lingering hopes for June rate hike

TOKYO: The dollar firmed on Thursday after the minutes of the Federal Reserve's last policy meeting showed a split o

Published 09 Apr, 2015 08:19am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed slightly weaker on Wednesday as mild importer dollar demand outpaced inflows f

Published 08 Apr, 2015 04:04pm

Financial

Dollar falls as BoJ stays put

TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day p

Published 08 Apr, 2015 12:03pm

Financial

Dollar falls as BoJ stays put

TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day p

Published 08 Apr, 2015 09:37am

Financial

Sri Lankan rupee forwards rise on strong remittances

COLOMBO: Sri Lankan rupee forwards traded firmer on Wednesday as inflows from strong remittances and exporter dollar sal

Published 08 Apr, 2015 08:22am

Financial

Dollar eases as BoJ stays put

TOKYO: The dollar eased slightly Wednesday as the Bank of Japan announced it will hold off further easing measures after

Published 08 Apr, 2015 05:56am

Financial

Sri Lankan rupee forwards firmer on strong remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Tuesday as inflows from strong remittances and exporter dollar sales

Published 07 Apr, 2015 01:29pm

Financial

Sri Lankan rupee forwards close higher on strong remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Monday as inflows from strong remittances and exporter dollar sales o

Published 06 Apr, 2015 03:23pm

Financial

Dollar under pressure ahead of US jobs data

TOKYO: The dollar eased against the yen in Asia on Friday as investors turn their attention to the release later in the

Published 03 Apr, 2015 06:35am

Financial

Dollar under pressure ahead of US jobs data

TOKYO: The dollar eased against the yen in Asia on Friday as investors turn their attention to the release later in the

Published 03 Apr, 2015 04:23am

Financial

Asian FX sentiment better as timing of US rate rise less clear

SINGAPORE: Sentiment towards emerging Asian currencies has improved over the past two weeks, with views on the Chinese y

Published 02 Apr, 2015 11:47am

Financial

Sri Lankan rupee forwards rise on strong remittances

COLOMBO: Sri Lankan rupee forwards rose on Thursday as inflows from strong remittances and exporter dollar sales outpace

Published 02 Apr, 2015 11:47am

Financial

Weak US data lifts Asian currencies; won near one-month high

SINGAPORE: Emerging Asian currencies rose on Thursday as disappointing US employment, factory activity and first-quarter

Published 02 Apr, 2015 11:39am

Financial

Disappointing US hiring data, factory survey weigh dollar down

TOKYO/SYDNEY: The dollar nursed modest losses on Thursday, having suffered a setback on fresh signs that the U.S. econom

Published 02 Apr, 2015 11:32am

Financial

China's yuan steadies as market looks for direction

HONG KONG: China's yuan held steady against the dollar on Thursday after the central bank set a stronger midpoint to

Published 02 Apr, 2015 11:30am

Financial

South Korean won rises to 1-month high on weak US data

SEOUL: The South Korean won inched up to a one-month high against the dollar by midday on Thursday after weaker-than-for

Published 02 Apr, 2015 11:30am

Financial

Australia & NZ dollars on the defensive, weak commodities drag

SYDNEY/WELLINGTON: The Australian dollar lurched towards a six-year trough on Thursday, continuing to falter as sliding

Published 02 Apr, 2015 11:28am

Financial

Dollar under pressure ahead of US jobs report

TOKYO: The dollar was under pressure on Thursday after a batch of weak US data dented hopes for an early interest rate h

Published 02 Apr, 2015 08:49am

Financial

Dollar under pressure ahead of US jobs report

TOKYO: The dollar was under pressure on Thursday after a batch of weak US data dented hopes for an early interest rate h

Published 02 Apr, 2015 04:54am

Financial

Euro edges up as deflation fears ease

TOKYO: The euro edged higher on Wednesday after data showed eurozone deflation eased last month, although gains were lim

Published 01 Apr, 2015 08:38am

Financial

Euro edges up as deflation fears ease

TOKYO: The euro edged higher on Wednesday after data showed eurozone deflation eased last month, although gains were lim

Published 01 Apr, 2015 06:34am

Financial

Sri Lankan rupee forwards edge up on strong remittances

COLOMBO: Sri Lankan rupee forwards ended a tad firmer on Tuesday as inflows from strong remittances and exporter dollar

Published 31 Mar, 2015 03:32pm

Financial

Euro falls on jitters over Greece debt deal

TOKYO: The euro drifted lower in Asia on Tuesday with investors following talks between debt-hit Greece and its internat

Published 31 Mar, 2015 07:20am

Financial

Aussie dollar hits 10-day low on lower iron ore prices, rate cut bets

LONDON: The Australian dollar fell over a percent to a ten-day low against its U.S. counterpart on Monday, hit by persis

Published 30 Mar, 2015 03:06pm

Financial

Euro struggles on lingering Greek debt fears

TOKYO: The euro slipped in Asian trade on Monday, hurt by worries over talks between Greece and its creditors as it prep

Published 30 Mar, 2015 01:15pm

Financial

China yuan falls in global payment rankings: SWIFT

SHANGHAI: China's yuan has dropped to seventh place among the world's payments currencies, global transactions o

Published 30 Mar, 2015 01:05pm

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards were a tad weaker on Monday as importer dollar demand outpaced inflows from remittanc

Published 30 Mar, 2015 11:20am

Financial

Patient Yellen fails to lift Asia FX; ringgit, Singapore dollar week lows

SINGAPORE: Most emerging Asian currencies slid on Monday amid expectations that the US Federal Reserve will start raisin

Published 30 Mar, 2015 11:19am

Financial

South Korean won on edge as yield premium falls, dividend outflow rises

SEOUL: South Korea's won could be Asia's surprise first casualty in any hint of an early rise in U.S. interest r

Published 30 Mar, 2015 11:18am

Financial

Dollar supported even as Yellen drives home message of patience

SYDNEY/SINGAPORE: The dollar inched higher versus the yen and euro on Monday after the head of the U.S. Federal Reserve

Published 30 Mar, 2015 11:10am

Financial

China's yuan firms despite weaker midpoint fixing

HONG KONG: China's yuan firmed against the dollar on Monday despite a slightly weaker midpoint set by the central ba

Published 30 Mar, 2015 11:10am

Financial

Australia dollar stuck in the doldrums, NZD also soft

SYDNEY/WELLINGTON: The Australian dollar slipped to fresh one-week lows on Monday, falling for a fifth session in a move

Published 30 Mar, 2015 11:07am

Financial

Yen resumes Yemen crisis rally

TOKYO: The yen resumed its rally on Friday after getting a boost in US trade over fears that the Yemen crisis will explo

Published 27 Mar, 2015 06:35am

Financial

Australia and NZ dollars stay subdued, Fed in focus

SYDNEY/WELLINGTON: The Australian dollar eased on Friday, continuing to pull back from a two-month peak set earlier in t

Published 27 Mar, 2015 05:37am

Financial

China's yuan edges down, heads for first weekly loss in a month

HONG KONG: China's yuan edged down against the dollar on Friday after the central bank set a weaker midpoint and is

Published 27 Mar, 2015 05:22am

Financial

Yen retreats after weak Japan inflation data

TOKYO: The yen slipped on Friday as weak Japanese inflation data stirred talk of fresh easing measures, bringing an end

Published 27 Mar, 2015 05:13am

Financial

Sri Lankan rupee forwards rise on remittances

COLOMBO: Sri Lankan rupee forwards edged up on Thursday, with one-week forwards rising for the first time in four weeks

Published 26 Mar, 2015 03:35pm

Financial

Dollar slips after weak US data

TOKYO: The dollar fell on Thursday after poor US data hurt investor confidence in the world's top economy and threw

Published 26 Mar, 2015 04:36am

Financial

Sri Lankan rupee forwards firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Wednesday as dollar inflows from remittances outpaced importer demand

Published 25 Mar, 2015 03:22pm

Financial

Dollar slips after US data-fuelled rally

TOKYO: The dollar pulled back on Wednesday after rallying in US trade, where upbeat data boosted the case for an early F

Published 25 Mar, 2015 12:56pm

Financial

Dollar finds steadier footing, takes breather from selloff

SYDNEY/SINGAPORE: The dollar hovered above a two-week low versus a basket of major currencies on Wednesday, pausing from

Published 25 Mar, 2015 11:11am

Financial

South Korean won up for 3rd session, touches near 3-week high

SEOUL: The South Korean won rose for a third straight session on Wednesday and touched a near three-week high on continu

Published 25 Mar, 2015 11:09am

Financial

Sri Lankan rupee forwards steady; stocks at 7-month low

COLOMBO: Sri Lankan rupee forwards traded steady on Wednesday as dollar inflows from remittances offset importer demand

Published 25 Mar, 2015 11:09am

Financial

Rupiah leads Asia FX losses as dollar holds firm

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the dollar held firm after an uptick in US inflation all

Published 25 Mar, 2015 11:05am

Financial

China's yuan slips as dollar stabilises, outlook wary

HONG KONG: China's yuan slipped on Wednesday after the US dollar recouped part of its previous losses, encouraging s

Published 25 Mar, 2015 11:02am

Financial

South Korea won edges up to 3-week high, shares take breather

SEOUL: The South Korean won was set to firm against the dollar for a third straight session early on Wednesday as export

Published 25 Mar, 2015 10:58am

Financial

Sri Lankan rupee forwards firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Tuesday due to dollar inflows from remittances, but trading was thin

Published 24 Mar, 2015 01:11pm

Financial

Dollar buying stalls on Fed official's rate comments

TOKYO: Dollar demand stalled on Tuesday after the vice chairman of the Federal Reserve suggested interest rates would ri

Published 24 Mar, 2015 12:19pm

Financial

Sri Lankan rupee forwards tad firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards were slightly up on Tuesday due to dollar inflows from remittances, but trading was t

Published 24 Mar, 2015 11:11am

Financial

Fed uncertainties support Asia FX; China manufacturing survey weighs

SINGAPORE: Most emerging Asian currencies extended gains on Tuesday in the uncertainty over the timing of US interest ra

Published 24 Mar, 2015 11:06am

Financial

Dollar firmer after comments by Fed's Williams, but doubts linger

SINGAPORE/TOKYO: The dollar edged higher versus a basket of currencies on Tuesday after a top U.S. Federal Reserve offic

Published 24 Mar, 2015 11:05am

Financial

South Korean won hits over 2-week high as dollar under pressure

SEOUL: The South Korean won extended gains to hit a more than two-week high against the dollar on Tuesday as the greenba

Published 24 Mar, 2015 11:01am

Financial

Sri Lanka rupee tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee was slightly weaker on Monday due to mild importer dollar demand in thin trade, with the m

Published 23 Mar, 2015 12:48pm

Financial

Dollar starts week on the defensive as post-Fed caution lingers

SYDNEY: The dollar started trade in Asia on the defensive, after a volatile few days in the wake of the Federal Reserve&

Published 22 Mar, 2015 11:01pm

Financial

Yuan level appropriate, reflects fx supply, demand: China central bank

BEIJING: The current level of China's yuan is appropriate because it reflects foreign exchange supply and demand and

Published 21 Mar, 2015 12:02pm

Financial

Euro edges up in Asia after Greece reform pledge

TOKYO: The euro ticked higher Friday after Greece promised to provide its creditors with a new list of reforms to secure

Published 20 Mar, 2015 07:24am

Financial

Euro edges up in Asia after Greece promise

TOKYO: The euro ticked higher Friday after Greece promised to provide its creditors with a new list of reforms to secure

Published 20 Mar, 2015 04:48am

Financial

Sri Lanka rupee ends steady for 2nd day

COLOMBO: The Sri Lankan rupee ended steady on Thursday for the second straight session as banks' dollar sales offset

Published 19 Mar, 2015 03:32pm

Financial

China yuan set for record rise as c.bank moves against capital flight, speculation

SHANGHAI: China's yuan looks set to post its biggest-ever weekly gain as Beijing moves to head off the risk of capit

Published 19 Mar, 2015 12:44pm

Financial

Sri Lanka rupee forwards firmer on bank dollar sales; stx up

COLOMBO: Sri Lankan rupee forwards traded a tad firmer on Thursday as banks dollar sales outpaced importer dollar demand

Published 19 Mar, 2015 09:31am

Financial

Yuan surges in record trading session, recoups 2015 losses

SHANGHAI: China's yuan firmed sharply for the third straight day on Thursday, breaking through its 200-day moving av

Published 19 Mar, 2015 09:15am

Financial

Dollar pressured after Fed tempers interest rate talk

TOKYO: The dollar struggled to recover Thursday after diving on comments from the US Federal Reserve that cooled expecta

Published 19 Mar, 2015 05:59am

Financial

Sri Lanka rupee steady; bond sale probe weighs

COLOMBO: Sri Lankan rupee forwards ended steady on Wednesday after falling in two sessions on moral suasion by the centr

Published 18 Mar, 2015 04:15pm

Financial

Yuan up 0.33pc on suspected intervention, biggest daily gain in a year

SHANGHAI: The yuan posted its strongest daily gain in a year as the People's Bank of China (PBOC) set a stronger mid

Published 18 Mar, 2015 12:54pm

Financial

Dollar steady as eyes on Fed announcement

TOKYO: The dollar was stuck in a tight range on Wednesday as investors waited for a policy announcement by the US Federa

Published 18 Mar, 2015 07:46am

Financial

Australia and NZ dollars idled by Fed, euro extends bounce

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were little changed on Wednesday as investors awaited the outc

Published 18 Mar, 2015 06:48am

Financial

Yuan hits 2-mth high as sentiment improves on suspected central bank support

SHANGHAI: China's yuan hit its highest level against the dollar since mid- January on Wednesday, breaching a psychol

Published 18 Mar, 2015 06:40am

Financial

Dollar steady as eyes on Fed announcement

TOKYO: The dollar remained steady against the yen on Wednesday as investors waited for a policy announcement by the US F

Published 18 Mar, 2015 05:13am

Financial

Dollar bulls bank on Fed losing its patience

SYDNEY: The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major

Published 17 Mar, 2015 11:23pm

Financial

Sri Lanka rupee forwards down on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker for a second session on Tuesday on importer dollar demand, but moral sua

Published 17 Mar, 2015 03:24pm

Financial

Dollar steady in Asia as BoJ holds fire

TOKYO: The dollar held up against the yen and euro on Tuesday ahead of a closely watched Federal Reserve policy meeting,

Published 17 Mar, 2015 06:44am

Financial

Dollar rebounds in Asia as BoJ holds fire

TOKYO: The dollar was marginally higher against the yen and euro Tuesday ahead of a closely watched Federal Reserve poli

Published 17 Mar, 2015 05:23am

Financial

Sri Lanka rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on importer dollar demand, but moral suasion by the central ba

Published 16 Mar, 2015 03:34pm

Financial

Euro slips to fresh 12-year low on dollar

TOKYO: The euro fell to another 12-year low against the dollar Monday, hit by the European Central Bank's huge stimu

Published 16 Mar, 2015 07:28am

Financial

Sri Lanka rupee ends steady; importer dollar demand seen

COLOMBO: The Sri Lankan rupee ended steady on Friday due to moral suasion by the central bank amid importer dollar deman

Published 13 Mar, 2015 03:46pm

Financial

Sri Lanka rupee steady on central bank's moral suasion; stocks at 5 weeks low

COLOMBO: The Sri Lankan rupee was steady on Friday due to moral suasion by the central bank because of importer dollar d

Published 13 Mar, 2015 09:43am

Financial

Dollar rally takes a breather in Asia

TOKYO: The dollar struggled to extend its recent rally on Friday after weaker-than-expected US data tempered expectation

Published 13 Mar, 2015 09:10am

Financial

Australia, NZ dollars firmer on USD; stand tall vs sombre euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Friday as a shakeout in bullish US dollar position

Published 13 Mar, 2015 05:09am

Financial

Dollar hits speed bumps, euro gets some reprieve

SYDNEY/TOKYO: The US dollar nursed modest losses on Friday after investors booked profits in an extended rally that has

Published 13 Mar, 2015 04:48am

Financial

Yuan firms on central bank guidance, set to gain 0.1pc for week

SHANGHAI: China's yuan firmed against the dollar on Friday after the central bank fixed the official midpoint firmer

Published 13 Mar, 2015 04:35am

Financial

Euro slumps on ECB stimulus

TOKYO: The euro resumed its slump against the dollar on Thursday as the European Central Bank's new stimulus and wor

Published 12 Mar, 2015 12:55pm

Financial

NZ dollar rallies as RBNZ says economy strong, rates on hold for some time

WELLINGTON: The New Zealand dollar jumped a full U.S. cent in volatile trade on Thursday, bouncing from a five-week low

Published 11 Mar, 2015 11:09pm

Financial

Embattled euro licks wounds in Asia, still vulnerable

SYDNEY: The euro wallowed just above a fresh 12-year low early on Thursday having faced an unrelenting onslaught this we

Published 11 Mar, 2015 11:07pm

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee ended steady in thin trade on Wednesday, helped by moral suasion by the central bank, but

Published 11 Mar, 2015 03:48pm

Financial

Indonesian rupiah falls 1pc to fresh 17-year low

SINGAPORE: Indonesia's rupiah fell 1 percent to a fresh 17-year low on Wednesday as foreign investors sold the curre

Published 11 Mar, 2015 06:39am

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Tuesday due to moral suasion by the central bank, while deal

Published 10 Mar, 2015 02:03pm

Financial

Euro slips to lowest since Sept 2003 against dollar

TOKYO: The euro slid to a near 12-year low against the dollar on Tuesday, as the US currency found steady bids on the ba

Published 10 Mar, 2015 05:53am

Financial

China's yuan little changed, traders say dollar supply matches demand

SHANGHAI: China's yuan was little changed against the dollar on Tuesday, with dollar supply and demand roughly in ba

Published 10 Mar, 2015 05:45am

Financial

China forex chief says to launch china international payment system this year

HONG KONG: China will launch its international payment system this year, said Yi Gang, head of China's State Adminis

Published 10 Mar, 2015 05:44am

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee traded steady on Monday on moral suasion by the central bank, with the market expecting th

Published 09 Mar, 2015 05:36pm

Financial

South Korean won hits 3-month low as US jobs data keeps Fed in play, stocks drop

SEOUL: South Korea's won and shares slumped on Monday, tracking their Asian peers after a strong U.S. jobs report on

Published 09 Mar, 2015 05:26pm

Financial

China's yuan falls on central bank guidance, shrugs off record trade surplus

SHANGHAI: China's yuan weakened against the dollar on Monday, after the central bank set its midpoint rate at the lo

Published 09 Mar, 2015 06:11am

Financial

Dollar holds firm after US jobs data rally

TOKYO: The dollar held its gains Monday after soaring on an upbeat US jobs report that boosted expectations for an early

Published 09 Mar, 2015 05:26am

Financial

Sri Lankan rupee ends steady; central bank says cuts FX intervention

COLOMBO: The Sri Lankan rupee closed unchanged on Friday on sustained moral suasion by the central bank amid calls by th

Published 06 Mar, 2015 04:17pm

Financial

Dollar steady ahead of US jobs report

TOKYO: The dollar was steady ahead of a key US jobs report later Friday, while the euro struggled after the European Cen

Published 06 Mar, 2015 07:11am

Financial

Euro hits new 11-year low on dollar before ECB meets

TOKYO: The euro hit a new 11-year low on the dollar Thursday as investors waited for the European Central Bank (ECB) to

Published 05 Mar, 2015 07:08am

Financial

Australia dollar perks up on fair value comment by RBA official

SYDNEY/WELLINGTON: The Australian dollar pushed higher on Thursday after a top central banker remarked that the currency

Published 05 Mar, 2015 06:20am

Financial

Indonesia central bank governor says no worries over weakening rupiah

JAKARTA: Indonesia's central bank governor said on Thursday that the rupiah is in good condition and Bank Indonesia

Published 05 Mar, 2015 06:01am

Financial

Yuan firms, but overall trend seen weak

HONG KONG: China's yuan edged higher for a second consecutive day on Thursday, as some investors judged the currency

Published 05 Mar, 2015 05:53am

Financial

Euro hovers near 11-year lows on dollar before ECB meets

TOKYO: The euro remained under pressure Thursday after falling to an 11-year low against the dollar as investors waited

Published 05 Mar, 2015 04:03am

Financial

Sri Lankan rupee ends steady, IMF says limit intervention in FX

COLOMBO: The Sri Lankan rupee ended steady on Wednesday due to sustained moral suasion by the central bank, even as the

Published 04 Mar, 2015 02:06pm

Financial

Dollar eases ahead of key US data

TOKYO: The dollar eased against the yen on Wednesday as investors await a key US jobs report later this week.In Tokyo, t

Published 04 Mar, 2015 12:03pm

Financial

Sri Lankan rupee steady in dull trade; rate direction awaited

COLOMBO: Sri Lankan rupee traded steady on Tuesday in dull trade as investors waited for direction on interest rates fro

Published 03 Mar, 2015 08:16am

Financial

Dollar weak, but keeps two-year high against China yuan

TOKYO: The dollar slipped Tuesday following mixed US data, but it was sitting near a two-year high against China's y

Published 03 Mar, 2015 07:56am

Financial

Dollar weak, but keeps two-year high against China yuan

TOKYO: The dollar slipped Tuesday following a mixed slate of US manufacturing data, but it was sitting at a two-year hig

Published 03 Mar, 2015 06:12am

Financial

Australia dollar jumps after RBA holds off on rate cut

SYDNEY/WELLINGTON: The Australian dollar staged a broad rally on Tuesday as the market trimmed crowded bearish positions

Published 03 Mar, 2015 06:03am

Financial

China's Yuan falls to more than two-year low after central bank rate cut

HONG KONG: China's Yuan fell to its weakest level since October 2012 against the dollar after the People's Bank

Published 02 Mar, 2015 07:06am

Financial

Dollar extends gains after US growth data, China rate cut

TOKYO: The dollar extended its gains in Asia on Monday as better-than-expected revised US economic growth data and an in

Published 02 Mar, 2015 04:37am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday due to importer dollar demand amid a rise in bond yields, whil

Published 27 Feb, 2015 01:44pm

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards traded slightly weaker on Friday due to importer dollar demand, while traders awaited

Published 27 Feb, 2015 11:50am

Financial

China outstanding QFII quota at $70bn at end February

BEIJING: The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor (QFII) progra

Published 27 Feb, 2015 11:15am

Financial

Dollar eases in Asia after US inflation rally

TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of

Published 27 Feb, 2015 06:41am

Financial

China's yuan falls to 2-year low, raising spectre of devaluation

HONG KONG: China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questi

Published 27 Feb, 2015 06:24am

Financial

Dollar eases in Asia after US inflation rally

TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of

Published 27 Feb, 2015 05:11am

Financial

Sri Lankan rupee ends steady on dollar selling by banks

COLOMBO: Sri Lankan rupee forwards recovered to end steady on Thursday after falling intraday as dollar selling by banks

Published 26 Feb, 2015 12:52pm

Financial

Aussie up, kiwi down in becalmed FX markets

LONDON: The Australian and New Zealand dollars were the main movers among major currencies on Thursday, pushed in opposi

Published 26 Feb, 2015 10:09am

Financial

China's yuan stays weak amid speculation more easing moves ahead

HONG KONG: China's currency remained weak on Thursday as investors anticipated that deflationary pressures and a slo

Published 26 Feb, 2015 06:11am

Financial

Dollar inches up after falls on Yellen testimony

TOKYO: The dollar made up lost ground against the yen Thursday after falling when Federal Reserve Chair Janet Yellen hin

Published 26 Feb, 2015 05:31am

Financial

Dollar inches up after falls on Yellen testimony

TOKYO: The dollar made up lost ground against the yen Thursday after falling when Federal Reserve Chair Janet Yellen hin

Published 26 Feb, 2015 04:59am

Financial

Sri Lankan spot rupee ends steady on central bank defence

COLOMBO: The Sri Lankan spot rupee ended steady for a fourth straight session on Wednesday as the central bank defended

Published 25 Feb, 2015 03:50pm

Financial

Sri Lankan spot rupee ends steady on central bank defence

COLOMBO: The Sri Lankan spot rupee ended steady for a fourth straight session on Wednesday as the central bank defended

Published 25 Feb, 2015 12:03pm

Financial

Dollar slips on Fed chief's rate hike comments

TOKYO: The dollar fell Wednesday as US Federal Reserve chief Janet Yellen hinted that a rate hike was unlikely before th

Published 25 Feb, 2015 06:53am

Financial

China's yuan falls, shrugs off stronger factory sector activity

HONG KONG: China's yuan edged down against the dollar on Wednesday after the central bank set a weaker midpoint, shr

Published 25 Feb, 2015 06:01am

Financial

Dollar slips on Fed chief's rate hike comments

TOKYO: The dollar fell Wednesday as US Federal Reserve chief Janet Yellen hinted a rate hike was unlikely before the sum

Published 25 Feb, 2015 04:33am

Financial

Rupiah hits 10-week low; Asia FX dips ahead of Yellen testimony

SINGAPORE: The Indonesian Rupiah hit a ten-week low on Tuesday, leading losses among emerging Asian currencies, as inves

Published 24 Feb, 2015 10:42am

Financial

Sri Lankan spot rupee steady; central bank defends after freezing rates

COLOMBO: The Sri Lankan spot rupee was unchanged in dull trade on Tuesday as the central bank defended it via moral suas

Published 24 Feb, 2015 09:30am

Financial

Australian dollar steady but remain vulnerable, New Zealand dollar pauses

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a steadier footing on Monday, but the antipodean curre

Published 23 Feb, 2015 10:32am

Financial

Sri Lankan spot rupee steady, central bank defends via moral suasion

COLOMBO: The Sri Lankan spot rupee traded steady in dull trade on Monday as the central bank defended it via moral suasi

Published 23 Feb, 2015 08:47am

Financial

Euro steady after Greece bailout deal

TOKYO: The euro held steady Monday after it rallied on news of a last-minute deal to extend Greece's bailout, giving

Published 23 Feb, 2015 07:19am

Financial

Euro steady after Greece bailout deal

TOKYO: The euro held steady Monday after it rallied on news of a last-minute deal to extend Greece's bailout, giving

Published 23 Feb, 2015 05:46am

Financial

Sri Lanka rupee steady as central bank defends currency after lowering spot

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Friday as the central bank defended it via moral suasion, a

Published 20 Feb, 2015 02:51pm

Financial

Euro under pressure on Greek jitters

TOKYO: The euro struggled to pick up in Asia on Friday ahead of Greece's last-minute funding talks with its European

Published 20 Feb, 2015 11:07am

Financial

China forex regulator to keep yuan exchange rate stable in 2015

BEIJING: China will keep the yuan's exchange rate basically stable in 2015, the official Xinhua news agency said on

Published 19 Feb, 2015 06:26am

Financial

Australia, NZ dollars firm after Fed disappoints hawks

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a firm footing on Thursday after minutes of the Federa

Published 19 Feb, 2015 04:43am

Financial

Dollar slips after sideswipe from dovish Fed minutes

TOKYO: The dollar fell against the yen and euro on Thursday, paring gains after minutes of January's Federal Reserve

Published 19 Feb, 2015 04:30am

Financial

Euro rises on hopes for Greek debt deal

TOKYO: The euro rose Thursday on hopes for a deal in Greece's debt standoff, while the dollar was under pressure aft

Published 19 Feb, 2015 04:18am

Financial

Euro steady as markets eye last-chance Greek debt talks

TOKYO: The euro held steady on Wednesday as investors hoped that last-ditch talks on Greece's debt would see a break

Published 18 Feb, 2015 06:28am

Financial

Euro supported by hopes for Greek debt deal; yen awaits Kuroda

TOKYO/SINGAPORE: The euro held steady on Wednesday, finding some support as investors held on to hopes that Greece will

Published 18 Feb, 2015 05:07am

Financial

Euro weakens as Greek debt talks collapse

TOKYO: The euro lost more ground in Asia on Tuesday after talks between Greece and its creditors collapsed, fanning fear

Published 17 Feb, 2015 05:03am

Financial

Sri Lanka rupee ends steady on central bank moral suasion

COLOMBO: The Sri Lankan rupee ended steady on Monday for the sixth straight session as the central bank defended the cur

Published 16 Feb, 2015 01:16pm

Financial

Euro gains ahead of Greek debt talks

TOKYO: The euro edged up against the dollar in Asia on Monday ahead of key talks between Greece and its international cr

Published 16 Feb, 2015 05:58am

Financial

South Korea fx rate seen market determined in recent months

SEOUL: The International Monetary Fund, which has previously urged South Korea against intervening in the currency marke

Published 13 Feb, 2015 06:21am

Financial

Euro up against dollar on Ukraine deal, weak US data

TOKYO: The euro ticked up against the dollar Friday on news of a plan to end Ukraine's 10-month war, hopes that Gree

Published 13 Feb, 2015 05:28am

Financial

Sri Lanka rupee steady on moral suasion; seen under pressure

COLOMBO: The Sri Lankan rupee traded steady on Thursday as the central bank prevented any fall amid importer dollar dema

Published 12 Feb, 2015 01:01pm

Financial

Rupiah hits 2-month low as current account test looms; Asia FX fall

SINGAPORE: Indonesia's rupiah hit a near two-month low on Thursday, prompting a warning from the central bank of pot

Published 12 Feb, 2015 12:59pm

Financial

Indonesia rupiah hits 2-month low before current account data

SINGAPORE: Indonesia's rupiah fell 1 percent to a near two-month low on Thursday as foreign investors sold the curre

Published 12 Feb, 2015 08:12am

Financial

Euro weakens as Greek debt talks fail to find deal

TOKYO: The euro weakened Thursday after talks between Greece and its European creditors on restructuring the country&#39

Published 12 Feb, 2015 07:06am

Financial

Hawkish Fed presidents' views bite into Asia FX amid Greece caution

SINGAPORE: Most emerging Asian currencies slipped on Wednesday as US Treasury yields advanced on some Federal Reserve pr

Published 11 Feb, 2015 12:49pm

Financial

Dollar supported by higher yields, euro in focus before EU talks

SYDNEY/SINGAPORE: The dollar hit a fresh one-month high versus the yen on Wednesday, bolstered by gains in Treasury yiel

Published 11 Feb, 2015 12:46pm

Financial

Sri Lanka rupee steady; central bank's moral suasion caps fall

COLOMBO: The Sri Lankan rupee traded steady on Wednesday on thin volume as the central bank prevented any fall amid impo

Published 11 Feb, 2015 12:43pm

Financial

Sri Lanka rupee ends steady; central bank's moral suasion caps fall

COLOMBO: The Sri Lankan rupee ended steady on Wednesday in dull trade as the central bank prevented any fall amid import

Published 11 Feb, 2015 11:53am

Financial

Higher yields support dollar, euro in focus before EU talks

SYDNEY/SINGAPORE: The dollar hovered near a one-month high versus the yen on Wednesday, bolstered by gains in Treasury y

Published 11 Feb, 2015 05:47am

Financial

Yuan weakens on deflation fears

SHANGHAI: China's yuan weakened marginally on Wednesday amid concerns that deflationary risks are growing, increasin

Published 11 Feb, 2015 05:17am

Financial

Euro edges up ahead of key Greece talks

SINGAPORE: The euro rose in Asia Wednesday, with investors calm ahead of talks between Greece and its creditors as it se

Published 11 Feb, 2015 05:04am

Financial

Dollar eases, euro pressured by Greek worries

TOKYO: The dollar eased against the yen Tuesday as a rally fuelled by last week's US jobs report faded, while worrie

Published 10 Feb, 2015 01:05pm

Financial

Sri Lanka rupee steady; downward pressure remains despite central bank moves

COLOMBO: The Sri Lankan rupee ended steady on Tuesday despite importer dollar demand, a day after Finance Minister Ravi

Published 10 Feb, 2015 12:04pm

Financial

Commodity currencies gain on oil, China, as dollar consolidates

SYDNEY/TOKYO: Commodity currencies held on to modest gains made on talk of possible Chinese stimulus and a notional bott

Published 10 Feb, 2015 06:12am

Financial

Sri Lanka rupee falls despite central bank intervention

COLOMBO: The Sri Lankan rupee came under pressure on importer dollar demand despite moves by the central bank to limit i

Published 09 Feb, 2015 01:08pm

Financial

Dollar index to hover below 95.533

SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest sup

Published 09 Feb, 2015 12:15pm

Financial

Dollar pulls back after jobs-inspired rally, Greece back in focus

TOKYO: The dollar dipped on Monday as traders sold into a rally triggered by robust US jobs data, while the Greek debt s

Published 09 Feb, 2015 10:14am

Financial

Yuan weakens after weak trade data

SHANGHAI: China's yuan weakened slightly against the dollar on Monday after China published surprisingly weak Januar

Published 09 Feb, 2015 09:22am

Financial

Dollar takes breather after rallying on robust US jobs

TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled

Published 09 Feb, 2015 06:21am

Financial

Dollar takes breather after rallying on robust US jobs

TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled

Published 09 Feb, 2015 05:41am

Financial

Sri Lanka rupee ends weaker as central bank allows fall in spot

COLOMBO: The Sri Lankan rupee ended weaker against the dollar as the central bank allowed a lower rate for the spot curr

Published 06 Feb, 2015 09:38pm

Financial

Indonesia's forex reserves rise to $114.3bn at end-January

JAKARTA: Indonesia's foreign exchange reserves rose to $114.25 billion at the end of January, mainly supported by go

Published 06 Feb, 2015 10:17am

Financial

Euro holds up on relief over Greek bank funding

TOKYO: The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency

Published 06 Feb, 2015 05:54am

Financial

China money mixed in week, swaps show deposit rate cut betting

SHANGHAI: China's money rates were mixed this week as seasonal demand, including calls ahead of a long holiday perio

Published 06 Feb, 2015 05:26am

Financial

Euro pauses after short-covering bounce

TOKYO/SINGAPORE: The euro eased versus the dollar on Friday, with the near-term focus on whether US jobs data later in t

Published 06 Feb, 2015 05:10am

Financial

Euro holds up on relief over Greek bank funding

TOKYO: The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency

Published 06 Feb, 2015 04:24am

Financial

Sri Lanka rupee forwards end weaker; seen falling

COLOMBO: Sri Lankan rupee forwards closed weaker on Thursday as policy uncertainty weighed on the currency, discouraging

Published 05 Feb, 2015 02:40pm

Financial

China's yuan weakens, PBOC reserve cut highlights outflow risks

HONG KONG: China's yuan weakened on Thursday after the central bank cut banks' reserve requirement ratio for the

Published 05 Feb, 2015 12:11pm

Financial

China's easing, concerns on Greece pull Asia FX lower

SINGAPORE: Most emerging Asian currencies softened on Thursday after China's central bank cut the reserve requiremen

Published 05 Feb, 2015 12:04pm

Financial

Euro holds gains on hopes for Greeece debt deal

TOKYO: The euro held its gains on Wednesday, the day after surging on growing optimism that Greece will hammer out a deb

Published 04 Feb, 2015 06:51am

Financial

South Korean won rally more than 1 pct on short-covering

SEOUL: Short-covering in the South Korean won lifted the currency more than 1 percent against the dollar on Wednesday, a

Published 04 Feb, 2015 05:46am

Financial

Risk appetite lifts Asia FX; RBA rate cut limits regional upside

SINGAPORE: Emerging Asian currencies rose on Tuesday as risk appetite improved, but gains were capped after Australian&#

Published 03 Feb, 2015 07:27am

Financial

Australia underscores urgency of Asian rate cuts

SINGAPORE: The Reserve Bank's quarter-point cut, which traders dismissed as a remote possibility just days ago, show

Published 03 Feb, 2015 06:30am

Financial

Australian dollar skids to 6-year low after RBA cuts rates

TOKYO/SYDNEY: The Australian dollar skidded more than one US cent to a six-year low on Tuesday and plunged more than two

Published 03 Feb, 2015 04:27am

Financial

Sri Lanka rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday due to state bank dollar sales after moral suasion by the cen

Published 02 Feb, 2015 12:22pm

Financial

Australia dollar pressured on heightened rate-cut chatter

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near multi-year lows on Monday on heightened speculati

Published 02 Feb, 2015 04:38am

Financial

China money rates rise on seasonal cash pressure, stock exchange

SHANGHAI: China's money markets rose on Friday, with the major benchmark money rate gaining over 24 basis points on

Published 30 Jan, 2015 10:02am

Financial

Yuan eases, stays near daily limit as analysts call for wider band

SHANGHAI: China's yuan weakened slightly on Friday, trading within a hair's breadth of lower limit of the offici

Published 30 Jan, 2015 07:46am

Financial

Commodity currencies feel heat; dollar, yen, euro stable

SYDNEY/TOKYO: Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year

Published 30 Jan, 2015 07:19am

Financial

Dollar edges down after US jobs rally

TOKYO: The dollar edged down against other major currencies on Friday as investors adjusted their positions ahead of key

Published 30 Jan, 2015 05:00am

Financial

Sri Lanka rupee forwards weaker despite intervention; seen lower on imports

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to importer dollar demand despite moral suasion by the c

Published 29 Jan, 2015 04:17pm

Financial

Bullish Fed hurts Asia FX; Singapore dollar rebounds

SEOUL: Most emerging Asian currencies fell on Thursday as the US Federal Reserve appeared on track to raise interest rat

Published 29 Jan, 2015 01:17pm

Financial

Dollar climbs in Asia as Fed points to 'solid' growth

TOKYO: The US dollar extended its gains on Thursday after the Federal Reserve pointed to the "solid pace" of growth in t

Published 29 Jan, 2015 10:07am

Financial

Sri Lanka rupee forwards down on importer dollar demand; budget awaited

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand but the central bank capped the f

Published 28 Jan, 2015 03:05pm

Financial

Singapore dollar drives Asia FX lower as central bank move may fan regional easing; baht cuts losses

SEOUL: The Singapore dollar fell to its weakest in nearly four-and-a-half years on Wednesday, driving losses among emerg

Published 28 Jan, 2015 12:32pm

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand even as the central bank capped the

Published 27 Jan, 2015 03:33pm

Financial

Sri Lankan rupee down on importer dollar demand; market seeks clarity

COLOMBO: Sri Lankan rupee forwards traded weaker on Tuesday on importer dollar demand while the market awaited clarity o

Published 27 Jan, 2015 01:01pm

Financial

Euro mixed after Greek poll plunge

TOKYO: The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party&#39

Published 27 Jan, 2015 08:06am

Financial

Euro ticks up after Greek poll plunge

TOKYO: The euro inched higher on Tuesday after plunging in the wake of the leftist Syriza party's victory in Greek e

Published 27 Jan, 2015 03:48am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling

COLOMBO: Sri Lankan rupee forwards ended a tad weaker on Monday due to importer dollar demand, while exporters awaited d

Published 26 Jan, 2015 12:26pm

Financial

Euro, stocks slip as Greece set to reject austerity

TOKYO: The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll

Published 26 Jan, 2015 10:20am

Financial

Euro hits 11-year low as Greek leftists sweep to power

TOKYO: The euro hit an 11-year low versus the US dollar on Monday as Greece's anti-austerity Syriza party swept to v

Published 26 Jan, 2015 10:11am

Financial

Sri Lankan rupee tad weaker on importer dlr demand, stocks up

COLOMBO: Sri Lankan rupee forwards traded a tad weaker on Monday due to importer dollar demand and low exporter greenbac

Published 26 Jan, 2015 07:38am

Financial

Euro under pressure in Asia after plunging on ECB stimulus

TOKYO: The euro was on Friday close to its lowest levels in more than a decade after the European Central Bank launched

Published 23 Jan, 2015 10:06am

Financial

China's use of yuan for cross-border business growing

SHANGHAI: China's use of its own yuan currency for cross-border transactions has increased "notably" to 9.95 trillio

Published 23 Jan, 2015 10:00am

Financial

Euro ticks up in Asia after plunging on ECB stimulus

TOKYO: The euro edged higher Friday but remained under pressure after sinking to its lowest level in more than a decade

Published 23 Jan, 2015 04:08am

Financial

Sri Lankan rupee, stocks fall on political, economic policy woes

COLOMBO: Sri Lankan rupee forwards traded weaker for a fifth straight session on Thursday on importer dollar demand whil

Published 22 Jan, 2015 12:41pm

Financial

Euro under pressure in Asia ahead of ECB meet

TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where

Published 22 Jan, 2015 07:25am

Financial

Euro under pressure in Asia ahead of ECB meet

TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where

Published 22 Jan, 2015 05:39am

Financial

Kenyan shilling inches down as market anticipates dollar demand from importers

NAIROBI: The Kenyan shilling edged down against the dollar on Tuesday in anticipation of increased demand for US currenc

Published 20 Jan, 2015 01:07pm

Financial

Yen slips in Asia following China data

TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while t

Published 20 Jan, 2015 06:47am

Financial

Yen slips in Asia following China data

TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while t

Published 20 Jan, 2015 05:37am

Financial

Yuan leads Asia FX losses, ringgit falls despite Malaysia's policy change plan

SEOUL: China's yuan led losses among emerging Asian currencies on Monday as local stocks collapsed after regulators

Published 19 Jan, 2015 01:34pm

Financial

Euro stays on edge as crucial ECB meeting looms

SYDNEY/TOKYO: The euro flirted with 11-year lows on Monday as investors braced for the European Central Bank to take its

Published 19 Jan, 2015 01:18pm

Financial

Sri Lanka forex reserves down 6pc in Nov-Dec amid rupee defence

COLOMBO: Sri Lanka foreign currency reserves fell 6 percent in the last two months of 2014, latest central bank data sho

Published 19 Jan, 2015 08:35am

Financial

Euro weakens in Asia on ECB stimulus speculation

TOKYO: The euro struggled in Asia Monday on growing expectations that the European Central Bank will announce a massive

Published 19 Jan, 2015 07:23am

Financial

Euro weakens in Asia on ECB stimulus speculation

TOKYO: The euro struggled in Asia Monday on growing expectations that the European Central Bank will pull the trigger on

Published 19 Jan, 2015 04:59am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lanka rupee forwards ended slightly weaker on Friday due to importer dollar demand, while exporters awaited

Published 16 Jan, 2015 03:28pm

Financial

Euro pinned near 11-year low as SNB move beefs up bets on ECB stimulus

SYDNEY/TOKYO: The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to aba

Published 16 Jan, 2015 12:59pm

Financial

Singapore dollar edges up as volatility spikes on Swiss shock

SINGAPORE: The Singapore dollar edged higher on Friday in a reflection of what analysts said were traders being forced t

Published 16 Jan, 2015 12:57pm

Financial

Euro under pressure after Swiss franc peg yanked

TOKYO: The euro was struggling on Friday in Asia after plunging in reaction to Switzerland's surprise decision to re

Published 16 Jan, 2015 04:27am

Financial

Euro floored as SNB decision puts spotlight on ECB, franc surges

SYDNEY: The euro hovered above an 11-year trough early on Friday as investors wagered the Swiss move to abandon its curr

Published 15 Jan, 2015 10:48pm

Financial

Ringgit gets respite; rupee rises after central bank cuts rate

SINGAPORE: The Malaysian ringgit rose on Thursday, getting some respite in the wake of its drop to a near six-year low e

Published 15 Jan, 2015 01:21pm

Financial

Yen rally fizzles in Asia

TOKYO: The yen dipped in Asian trade Thursday, with a recent rally running out of steam as a surprise uptick in oil pric

Published 15 Jan, 2015 06:36am

Financial

Yen up in Asia on oil fears, euro hit by stimulus talk

TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro

Published 14 Jan, 2015 07:07am

Financial

Yen up in Asia on oil fears, euro hit by stimulus talk

TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro

Published 14 Jan, 2015 05:10am

Financial

Australian dollar falls, hits 2 months low vs yen as copper slide spooks market

SYDNEY/WELLINGTON: The Australian dollar sagged to its lowest in over two months against the yen on Wednesday as a sudde

Published 14 Jan, 2015 04:07am

Financial

Sri Lanka rupee forwards rise on dollar selling by state bank

COLOMBO: Sri Lanka rupee forwards ended firmer on Tuesday as a state-run lender sold dollars ahead of holidays on Wednes

Published 13 Jan, 2015 04:07pm

Financial

Dollar pressured by sagging US Treasury yields

TOKYO: The dollar got off on the backfoot against the yen on Tuesday, as Treasury yields fell on increased demand for sa

Published 13 Jan, 2015 06:57am

Financial

Australia & NZ dollars resilient, China trade supports

SYDNEY/WELLINGTON: Upbeat Chinese trade figures supported the Australian and New Zealand dollars on Tuesday, offsetting

Published 13 Jan, 2015 06:06am

Financial

Dollar slips to 1 month low vs yen, falling US Treasury yields weigh

TOKYO: The dollar skidded to its lowest level against the yen in a month on Tuesday, as Treasury yields fell on increase

Published 13 Jan, 2015 05:48am

Financial

Jittery traders buy yen in Asia

TOKYO: The yen picked up in Asia on Tuesday as tumbling oil prices sent traders scurrying for safer investments.The doll

Published 13 Jan, 2015 05:09am

Financial

Sri Lanka rupee forwards flat in dull trade

COLOMBO: Sri Lanka rupee forwards ended steady on Monday in dull trade as the market awaited direction after Maithripala

Published 12 Jan, 2015 03:48pm

Financial

South Africa rand, bonds boosted by renewed risk appetite

JOHANNESBURG: South Africa's rand strengthened to near its firmest level this year on Monday as expectations that th

Published 12 Jan, 2015 07:07am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar fell in Asia Monday after a report revealed a decline in US wages that could dampen consumer spend

Published 12 Jan, 2015 06:56am

Financial

SouthKorean won scales 2 month high, bond futures surge on President remarks

SEOUL: The South Korean won climbed against the dollar en route to its highest close in more than 2 months, after an une

Published 12 Jan, 2015 06:47am

Financial

Dollar slips with yields, oil still dropping

SYDNEY: The US dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent

Published 12 Jan, 2015 05:52am

Financial

Australian & NZ dollars regain poise as euro, pound pressured

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained further ground on Monday courtesy of a broadly weaker

Published 12 Jan, 2015 05:44am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar fell in Asia Monday after a report revealed a decline in US wages that could dampen consumer spend

Published 12 Jan, 2015 05:41am

Financial

Korean won leads gains as Asia awaits US jobs data

SINGAPORE: Asian currencies further recouped losses on Friday, led by the South Korean won, even as the US dollar held f

Published 09 Jan, 2015 12:59pm

Financial

Euro edges up from nine-year low against dollar

TOKYO: The euro recovered some losses against the dollar in Asia Friday after slipping below $1.800 for the first time i

Published 09 Jan, 2015 07:46am

Financial

Euro edges up from nine-year low against dollar

TOKYO: The euro recovered some losses against the dollar in Asian trade after slipping below $1.800 for the first time i

Published 09 Jan, 2015 06:11am

Financial

Surprise jump in Hong Kong yuan deposits unlikely to be repeated

HONG KONG: After yuan deposits in Hong Kong saw lacklustre growth for most of 2014, November brought a surprising jump.D

Published 08 Jan, 2015 06:40am

Financial

Malaysian ringgit recovers a bit, rest steady as oil slide pauses

SINGAPORE: The Malaysian ringgit pulled off 5-1/2-year lows against the dollar while other Asian currencies steadied on

Published 08 Jan, 2015 06:35am

Financial

Euro gets deflation jitters, dollar climbs

SYDNEY/TOKYO: The euro wobbled near a nine-year low on Thursday as investors wagered the European Central Bank would hav

Published 08 Jan, 2015 05:13am

Financial

China's yuan slips after central bank fixes midpoint at 1-month low

HONG KONG: China's yuan weakened on Thursday after the central bank set the daily midpoint against the US dollar at

Published 08 Jan, 2015 05:08am

Financial

Euro weakens in Asia on ECB stimulus expectations

TOKYO: The euro slid in Asia Thursday as falling prices in the eurozone boosted the prospect of European Central Bank (E

Published 08 Jan, 2015 04:28am

Financial

Sri Lanka rupee forwards weaker on importer dollar demand ahead of polls

COLOMBO: Sri Lanka rupee forwards eased on Wednesday due to dollar demand from importers, while exporters stayed on the

Published 07 Jan, 2015 02:34pm

Financial

Oil price plunge could help RBA weaken Australian dollar further

SYDNEY: The plunge in global oil prices could give Australia's central bank leeway to reduce interest rates with the

Published 07 Jan, 2015 07:57am

Financial

Euro struggles in Asia on Greek eurozone exit fears

TOKYO: The euro edged up from a nine-year low against the dollar on Wednesday in Asia, but it remained under pressure ow

Published 07 Jan, 2015 07:41am

Financial

Euro hits fresh low before inflation trial, bonds boom

SYDNEY: The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove

Published 07 Jan, 2015 06:24am

Financial

Euro buffeted ahead of inflation data, dollar bounces vs yen

SYDNEY/TOKYO: The euro slid to a nine-year low against the dollar on Wednesday as investors braced for inflation data th

Published 07 Jan, 2015 04:51am

Financial

Euro struggles in Asia on Greek eurozone exit fears

TOKYO: The euro edged up from a fresh nine-year low against the dollar on Wednesday in Asia, but the unit remained under

Published 07 Jan, 2015 04:42am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lanka rupee forwards eased on Tuesday due to dollar demand from importers, while exporters stayed on the si

Published 06 Jan, 2015 02:59pm

Financial

Dollar slips vs yen on risk aversion, euro fragile

TOKYO/SYDNEY: The dollar slipped against the safe-haven yen on Tuesday as investor risk aversion mounted on the back of

Published 06 Jan, 2015 07:41am

Financial

Australia, NZ dollars resilient, trade figures help

SYDNEY/WELLINGTON: The Australian dollar proved resilient on Tuesday as demand against the euro and a smaller-than-feare

Published 06 Jan, 2015 05:43am

Financial

China's yuan edges up after stronger service sector activity

HONG KONG: China's yuan edged up against the dollar on Tuesday after a private survey showed China's services se

Published 06 Jan, 2015 05:09am

Financial

Australian & NZ dollars bruised by worries on Europe easing

SYDNEY/WELLINGTON: The Australian and New Zealand dollars came under pressure in thin trade on Monday, as growing specul

Published 05 Jan, 2015 07:05am

Financial

Euro slides to 9-year low, Asia shares subdued

TOKYO: The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the Eu

Published 05 Jan, 2015 06:54am

Financial

China's yuan slips on weaker midpoint, dollar strength

HONG KONG: China's yuan edged down against the dollar on Monday after the central bank set the weakest official midp

Published 05 Jan, 2015 06:46am

Financial

Euro falls to nine-year low on ECB stimulus speculation

TOKYO: The euro fell to a near nine-year low against the dollar in Asia Monday after the head of the European Central Ba

Published 05 Jan, 2015 04:36am

Financial

Sri Lanka rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday as importer dollar demand surpassed inward remittances, while

Published 02 Jan, 2015 01:00pm

Financial

Euro dips against dollar on ECB stimulus expectations

SINGAPORE: The euro edged lower against the US dollar in Asia on Friday amid mounting speculation the European Central B

Published 02 Jan, 2015 04:49am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to mild importer dollar demand and exporters stayed away

Published 01 Jan, 2015 12:54pm

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday due to mild importer dollar demand.The spot curren

Published 31 Dec, 2014 04:07pm

Financial

Ringgit leads Asia FX slide in 2014, another tough year seen

SEOUL: Emerging Asian currencies slid in 2014, led by the Malaysian ringgit, and are expected to remain under pressure n

Published 31 Dec, 2014 12:25pm

Financial

China's yuan slips in 2014, first major decline since 2005 revaluation

SHANGHAI/HONG KONG: China's yuan closed at 6.2040 against the dollar on Wednesday, ending 2014 with its first signif

Published 31 Dec, 2014 12:03pm

Financial

Yen rises as investors run to safety

SINGAPORE: The yen held on to most of its gains against the dollar and the euro Wednesday as investors sought a safe hav

Published 31 Dec, 2014 06:52am

Financial

Yen rises as investors run to safety

SINGAPORE: The yen held on to most of its gains against the dollar and the euro Wednesday as investors sought safe haven

Published 31 Dec, 2014 05:13am

Financial

Indian rupee snaps four-day fall on corporate dollar sales

MUMBAI: The Indian rupee rebounded sharply on Tuesday after four consecutive sessions of losses as a weakening dollar pr

Published 30 Dec, 2014 03:30pm

Financial

Sri Lankan rupee forwards gain on inflows; importer dollar demand persists

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Tuesday as inflows into some banks offset importer dollar de

Published 30 Dec, 2014 03:23pm

Financial

China's yuan posts strongest one-day gain since March on new forex rules

SHANGHAI: China's yuan closed up 0.3 percent against the dollar on Tuesday, its strongest one-day gain since March,

Published 30 Dec, 2014 12:53pm

Financial

Indian rupee rises after 4 sessions of losses on corporate dollar selling

MUMBAI: The Indian rupee rebounded sharply on Tuesday after four consecutive sessions of losses as a weakening dollar pr

Published 30 Dec, 2014 12:52pm

Financial

Yuan turns firm on move to ease forex limits; Asia FX dips

SEOUL: The Chinese yuan rose on Tuesday after the country said it would relax from Jan. 1 restrictions on renminbi tradi

Published 30 Dec, 2014 08:40am

Financial

Dollar supported after Greek vote casts doubt over euro

TOKYO: The dollar hovered near a 29-month high against the euro on Tuesday after a Greek vote triggered the dissolution

Published 30 Dec, 2014 06:09am

Financial

Australian & NZ dollars pinned down in holiday lull

SYDNEY/WELLINGTON: The Australian dollar languished near 4-1/2-year lows on Tuesday, while the New Zealand dollar held s

Published 30 Dec, 2014 05:53am

Financial

Yuan hits 7-month low vs dollar, nearly touches 2pc daily limit for first time

SHANGHAI: China's yuan hit a seven-month low to the dollar on Tuesday and nearly touched its 2-percent daily trading

Published 30 Dec, 2014 05:27am

Financial

Euro loses more ground in Asia on Greece turmoil

TOKYO: The euro struggled in Asia on Tuesday after falling to a more than two-year low against the dollar as a brewing G

Published 30 Dec, 2014 05:13am

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards fell on Monday due to importer dollar demand, while dealers said unusual year-end dem

Published 29 Dec, 2014 03:31pm

Financial

Euro off lows but capped by wariness over Greek vote

TOKYO: The euro inched away from more than two-year lows but remained on tenterhooks as investors awaited a key vote in

Published 29 Dec, 2014 06:38am

Financial

Dollar on firm footing as Greek vote pressures euro

TOKYO: The dollar began the final week of 2014 on firm footing on Monday, as the euro flirted with two-year lows while i

Published 29 Dec, 2014 05:22am

Financial

Euro edges up in Asia ahead of Greek presidential vote

TOKYO: The euro rose in Asia on Monday as lawmakers in debt-laden Greece embark on a final bid to elect a new president

Published 29 Dec, 2014 04:22am

Financial

Sri Lankan rupee forwards end little changed on tepid demand

COLOMBO: Sri Lankan rupee forwards closed little changed on Friday, with dealers saying they expect the local currency t

Published 26 Dec, 2014 01:42pm

Financial

Shanghai soars despite muted post-Christmas trade in Asia markets

HONG KONG: Asian markets were mainly flat Friday with trade quiet across the region as key bourses remained closed for t

Published 26 Dec, 2014 09:58am

Financial

Dollar little changed in thin holiday Asian trade

TOKYO: The dollar traded in a narrow range with other major currencies during slow holiday trade in Asia Friday, but ana

Published 26 Dec, 2014 06:38am

Financial

Dollar little changed in thin holiday Asian trade

TOKYO: The dollar traded in a narrow range with other major currencies during slow holiday trade in Asia on Friday, but

Published 26 Dec, 2014 05:18am

Financial

Yen gains vs dollar, euro in Christmas-thinned market

TOKYO: The Japanese yen rose on Thursday in extremely thin trade because of the Christmas holiday, but the dollar remain

Published 25 Dec, 2014 11:49am

Financial

Yuan ends up, scores biggest single-day gain in seven months

SHANGHAI: China's yuan posted its biggest daily gain in seven months on Thursday, closing 0.3 percent firmer at 6.19

Published 25 Dec, 2014 11:37am

Financial

Dollar gives up US GDP data gains in Asia

TOKYO: The dollar lost more ground in thin Asian trade Thursday, after a rally powered by decade-high US economic growth

Published 25 Dec, 2014 05:55am

Financial

Yuan touches 6-month low, Taiwan dollar hits 4-year low

SINGAPORE: The Chinese yuan touched a six-month low and the Taiwan dollar hit a four-year trough on Wednesday, as the do

Published 24 Dec, 2014 12:39pm

Financial

Sri Lankan rupee forwards end steady; importer dollar demand weighs

COLOMBO: Sri Lankan rupee forwards closed steady for an eighth straight session on Wednesday, with the central bank capp

Published 24 Dec, 2014 12:11pm

Financial

Indian rupee hits 1-week low; bonds fall in low volumes

MUMBAI: The Indian rupee hit its lowest level in a week on Wednesday on the back of month-end dollar demand from importe

Published 24 Dec, 2014 12:09pm

Financial

Vietnam to keep dollar/dong rate moves within 2pc in 2015

HANOI: Vietnam will keep the dollar/dong exchange rate within a 2-percent band in 2015, similar to this year, to ensure

Published 24 Dec, 2014 05:37am

Financial

Dollar steady in Asia after US growth data rally

TOKYO: The dollar paused in Asia on Wednesday after rallying on the back of data that showed US economic growth at its h

Published 24 Dec, 2014 05:00am

Financial

Sri Lankan rupee forwards end steady; importer dollar demand weighs

COLOMBO: Sri Lankan rupee forwards closed steady for a seventh straight session on Tuesday despite importer dollar deman

Published 23 Dec, 2014 03:58pm

Financial

Singapore dollar slips after headline CPI turns negative

SINGAPORE: Most Asian currencies fell on Tuesday, with the Singapore dollar extending its losses after the city-state re

Published 23 Dec, 2014 12:39pm

Financial

Russia tells state exporters to sell forex revenues to help rouble

MOSCOW: Russian Prime Minister Dmitry Medvedev has signed an order obliging the country's largest state exporters to

Published 23 Dec, 2014 08:15am

Financial

US dollar holds steady in Asian trade

SINGAPORE: The greenback held steady in thin Asian trade Tuesday, supported by hopes for fresh upbeat figures on the US

Published 23 Dec, 2014 06:35am

Financial

Aussie dollar vulnerable, could break below 81 US cents; NZD steady

SYDNEY/WELLINGTON: The Australian dollar flirted with a 4-1/2 year trough against a broadly firmer greenback on Tuesday

Published 23 Dec, 2014 05:09am

Financial

High-flying dollar pauses in holiday lull, US data eyed

SYDNEY: The dollar touched a fresh two-week high against the yen on Tuesday, but struggled to make further headway in a

Published 23 Dec, 2014 04:54am

Financial

Asian currencies slip as dollar retains its firm tone

SINGAPORE: Most emerging Asian currencies edged lower on Tuesday, pressured by the dollar's firm tone, with the Taiw

Published 23 Dec, 2014 04:46am

Financial

US dollar holds steady in Asian trade

SINGAPORE: The greenback held steady in thin Asian trade Tuesday as dealers eyed improved US economy figures with expect

Published 23 Dec, 2014 04:18am

Financial

Sri Lankan rupee forwards end steady; seen stable until end 2014

COLOMBO: Sri Lankan rupee forwards ended steady for a sixth straight session amid dull trade on Monday, as the central b

Published 22 Dec, 2014 03:15pm

Financial

Indian rupee gains, bonds flat; foreign investors stay on sidelines

MUMBAI: The Indian rupee gained marginally while bonds were steady on Monday as investors stayed on the sidelines in a h

Published 22 Dec, 2014 11:59am

Financial

Asian currencies mixed; Korean won biggest gainer

SINGAPORE: Asian currencies were mixed versus the dollar on Monday, with the South Korean won proving the strongest gain

Published 22 Dec, 2014 09:07am

Financial

Asian FX mixed, support emerges on improved risk sentiment

SINGAPORE: Asian currencies were broadly mixed versus the dollar on Monday, although underlying improvement in risk sent

Published 22 Dec, 2014 06:10am

Financial

Dollar holds up in Asia on US rate expectations

TOKYO: The dollar held steady in Asian trade on Monday, underpinned by expectations the US Federal Reserve will raise in

Published 22 Dec, 2014 06:08am

Financial

Euro off to shaky start in subdued market, dollar holds strong

SYDNEY: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a

Published 22 Dec, 2014 05:27am

Financial

Australia & NZ dollars find some calm after turbulent times

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday, having steadied from recent

Published 22 Dec, 2014 05:18am

Financial

Euro shaky on ECB and Greece, dollar keeps edge

SYDNEY/TOKYO: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extend

Published 22 Dec, 2014 05:14am

Financial

Dollar holds up in Asia on US rate expectations

TOKYO: The dollar held steady in slow Asian trade on Monday, underpinned by expectations that US Federal Reserve will ra

Published 22 Dec, 2014 04:36am

Financial

Sri Lankan rupee forwards end steady for 5th straight session

COLOMBO: Sri Lankan rupee forwards closed steady for a fifth straight session on Friday, as the central bank capped trad

Published 19 Dec, 2014 02:57pm

Financial

Singapore bonds set for S$11bn refi boost By Kit Yin Boey

SINGAPORE: Benchmark rates have fallen in the Singapore dollar bond market, making for conducive conditions for new issu

Published 19 Dec, 2014 08:13am

Financial

JGBs mostly firm, yields out to four years below zero

TOKYO: Japanese government bond prices held mostly firm on Friday with two-year yield hitting a record low and yields up

Published 19 Dec, 2014 08:11am

Financial

Yen weakens in Asia after BoJ meeting

TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more

Published 19 Dec, 2014 07:23am

Financial

Yen weakens in Asia after BoJ meeting

TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more

Published 19 Dec, 2014 05:21am

Financial

Indian rupee sees biggest gain in 7 months post Fed; bonds up for 2nd day

MUMBAI: Indian markets rallied on Thursday, with the rupee posting its biggest single-day gain in seven months and rebou

Published 18 Dec, 2014 03:57pm

Financial

Sri Lankan rupee fwds end steady; cbank sees stable currency in Dec

COLOMBO: Sri Lankan rupee forwards closed steady for a fourth straight session on Thursday, as the central bank's mo

Published 18 Dec, 2014 03:39pm

Financial

Ringgit sentiment worst since 2008; bearish rupiah bets rise

SINGAPORE: Bearish bets on the Malaysian ringgit rose slightly and remained at their highest since the 2008-09 global fi

Published 18 Dec, 2014 12:34pm

Financial

Rupiah and ringgit climb as Fed calms market nerves

SINGAPORE: The Indonesian rupiah, Malaysian ringgit and Indian rupee all rose on Thursday as an upbeat economic assessme

Published 18 Dec, 2014 12:24pm

Financial

Dollar jumps as Fed rate guidance shows quiet confidence in US economy

TOKYO: The dollar took the upper hand on Thursday after the Federal Reserve signalled it was on track to raise interest

Published 18 Dec, 2014 07:33am

Financial

Dollar jumps as Fed rate guidance shows quiet confidence in US economy

TOKYO: The dollar took the upper hand on Thursday after the Federal Reserve signalled it was on track to raise interest

Published 18 Dec, 2014 05:11am

Financial

Australian & NZ dollars feel the Fed pinch

SYDNEY/WELLINGTON: The Australian and New Zealand dollars nursed deep losses on Thursday after the Federal Reserve showe

Published 18 Dec, 2014 05:02am

Financial

Ruble steady in Asia after Russia measures to halt collapse

TOKYO: The ruble recovered in Asia Thursday after Russian authorities launched fresh measures to halt its collapse, whil

Published 18 Dec, 2014 05:00am

Financial

China FX regulator says closely monitoring Russian rouble slide

BEIJING: China is closely monitoring the slide in the Russian rouble, the foreign exchange regulator said on Thursday, a

Published 18 Dec, 2014 04:39am

Financial

China's yuan broadly steady on strong fixing

HONG KONG: China's yuan held steady against the dollar on Wednesday after the central bank set its daily midpoint at

Published 17 Dec, 2014 01:27pm

Financial

Dollar pulls off lows but under pressure ahead of Fed

TOKYO: The dollar nursed its losses in Asian trading on Wednesday, pulling away from lows hit overnight on skidding oil

Published 17 Dec, 2014 01:25pm

Financial

Indian rupee, bonds continue to fall; foreign fund flows key

MUMBAI: The rupee hit a new 13-month low on Wednesday, while bonds and shares fell to their weakest this month on concer

Published 17 Dec, 2014 01:24pm

Financial

Asian currencies dampened by risk aversion on Russia turmoil

SINGAPORE: Emerging Asian currencies put in a mixed performance against the dollar on Wednesday as sentiment remained ca

Published 17 Dec, 2014 12:43pm

Financial

Indian markets off lows, foreign investors in focus

MUMBAI: The rupee retreated from 13-month lows after the central bank stepped up intervention, while bonds also recovere

Published 17 Dec, 2014 12:01pm

Financial

Ruble claws back some losses

TOKYO: The embattled ruble clawed back some losses in Asian trade on Wednesday after crashing to unprecedented lows, but

Published 17 Dec, 2014 09:15am

Financial

India less vulnerable to rupee falls: policymaker

MUMBAI: India is less vulnerable than other emerging markets despite recent falls in the rupee because of improved funda

Published 17 Dec, 2014 07:12am

Financial

Indonesia's vice president: Rupiah at 12,500/dollar good for economic stability

JAKARTA: Indonesia's vice president on Wednesday said having the rupiah trade at 12,500 per dollar was good for econ

Published 17 Dec, 2014 07:11am

Financial

Ruble claws back some losses in Asian trade

TOKYO: The embattled ruble recouped some losses in Asian trade on Wednesday after crashing to unprecedented lows, but ma

Published 17 Dec, 2014 06:33am

Financial

Indian rupee, bonds slump; policy makers say not worried

MUMBAI: The rupee hit 13-month lows and bonds plunged as markets in the region tumbled on fears about the global economy

Published 16 Dec, 2014 04:29pm

Financial

Rupiah rises from 16-year low; won buoyed by firmer yen

SINGAPORE: The Indonesian rupiah gained some respite after hitting a 16-year low on Tuesday, buoyed by central bank inte

Published 16 Dec, 2014 12:50pm

Financial

Sri Lankan rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday as banks hesitated to sell them beyond the 132.00-per-dollar

Published 16 Dec, 2014 12:12pm

Financial

Dollar hits new ruble record as oil plunges

TOKYO: The dollar hit a new record against the ruble in Asia Tuesday as plunging oil prices and geopolitical tensions sl

Published 16 Dec, 2014 07:54am

Financial

South Korean won touches 5-week high on firmer yen; shares fall

SEOUL: The South Korean won climbed to a five-week high against the dollar on Tuesday, with the greenback being dragged

Published 16 Dec, 2014 07:12am

Financial

Dollar hits new ruble record as oil plunges

TOKYO: The dollar hit a new record against the ruble in Asia Tuesday as plunging oil prices and geopolitical tensions sl

Published 16 Dec, 2014 06:49am

Financial

Indian rupee hits 13 month low on global econ fears; trade data

MUMBAI: The rupee weakened to its lowest level in 13 months on Tuesday as markets in the region tumbled after a sharp ra

Published 16 Dec, 2014 06:08am

Financial

China's yuan falls on central bank guidance, weak flash PMI

HONG KONG: China's yuan fell against the dollar on Tuesday as the central bank set a weaker midpoint, andon further

Published 16 Dec, 2014 06:06am

Financial

Australia & NZ dollars pinned down by China, yen rally

SYDNEY/WELLINGTON: The Australian dollar fell to 4-1/2-year lows on Tuesday, while the New Zealand dollar struggled as g

Published 16 Dec, 2014 06:06am

Financial

Yen firm as oil slump curbs risk appetite, rouble rebounds sharply

TOKYO: The yen hit a two-week high versus the dollar on Tuesday as investors shunned riskier assets, while the rouble -

Published 16 Dec, 2014 06:05am

Financial

South Korean won extends gain, up more than 1pc

SEOUL: The South Korean won gained more than 1 percent to touch a 5-week high on Tuesday afternoon, as the dollar was be

Published 16 Dec, 2014 05:55am

Financial

Rouble rebounds sharply after Russian central bank lifts rates

TOKYO: The Russian rouble rebounded from record lows on Tuesday after the Russian central bank hiked interest rates to h

Published 16 Dec, 2014 04:40am

Financial

Indian rupee sees biggest one-day fall in over 4 months, may fall more

MUMBAI: The Indian rupee posted its biggest single-day fall in more than four months, tracking steep losses in emerging

Published 15 Dec, 2014 02:50pm

Financial

Sri Lankan rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday as banks hesitated to sell them beyond 132.00 per dollar due

Published 15 Dec, 2014 02:50pm

Financial

Rupiah hits 16-year low as Indonesian bonds retreat

SINGAPORE: The Indonesian rupiah hit a 16-year low versus the dollar on Monday, dented by year-end corporate demand for

Published 15 Dec, 2014 09:03am

Financial

Yen edges up in choppy trade as risk aversion rises

TOKYO: The yen climbed against the dollar and euro in extremely choppy trading on Monday, as investors took their cues f

Published 15 Dec, 2014 05:55am

Financial

Yen edges up in choppy trade as risk aversion rises

TOKYO: The yen climbed against the dollar and euro in extremely choppy trading on Monday, as investors took their cues f

Published 15 Dec, 2014 05:55am

Financial

Safe-haven yen firms in Asia

TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concer

Published 15 Dec, 2014 05:16am

Financial

Dollar wavers in choppy trade as risk aversion rises, oil skids

TOKYO: The dollar quivered in choppy trading against the yen on Monday as oil prices continued to sink on a weak outlook

Published 15 Dec, 2014 05:11am

Financial

Australia dollar battered by oil dip, hostage incident, NZ dollar softer

SYDNEY/WELLINGTON: The Australian dollar dropped to 4-1/2-year lows on Monday on falling commodity prices and concerns a

Published 15 Dec, 2014 04:50am

Financial

Dollar wavers in choppy trade as risk aversion rises

TOKYO: The dollar quivered in choppy trading against the yen on Monday, under pressure as risk aversion pushed down US T

Published 15 Dec, 2014 04:44am

Financial

Rupiah tumbles, hits lowest vs dollar since August 1998

SINGAPORE/JAKARTA: The Indonesian rupiah fell to its lowest level since August 1998 on Monday and shares dropped, which

Published 15 Dec, 2014 04:41am

Financial

Safe-heaven yen firms in Asia

TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concer

Published 15 Dec, 2014 04:08am

Financial

Australia dollar on defensive after RBA boss speaks, NZ dollar holds gains

SYDNEY/WELLINGTON: The Australian dollar struggled to stabilise on Friday after the Reserve Bank of Australia (RBA) chie

Published 12 Dec, 2014 03:04pm

Financial

China's yuan opens weaker as Central bank breaks streak of strong fixes

BEIJING: China's yuan opened weaker against the dollar on Friday after the central bank set the official guidance ra

Published 12 Dec, 2014 02:57pm

Financial

Indian rupee marks biggest weekly fall in over four months

MUMBAI: The Indian rupee marked its biggest weekly fall in over four months on Friday, tracking steep declines in local

Published 12 Dec, 2014 01:46pm

Financial

Sri Lankan rupee forwards end tad weaker on mild importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed a tad weaker on Friday as mild importer dollar demand in late trade outpaced g

Published 12 Dec, 2014 01:40pm

Financial

Dollar rises as confidence in US economy grows

TOKYO: The dollar rose against other currencies in Asia on Friday as a strong US retail sales report reinforced investor

Published 12 Dec, 2014 06:55am

Financial

Indian rupee hits over 9-month low, RBI seen capping fall

MUMBAI: The Indian rupee tumbled to its lowest in more than nine months, tracking a fall in local shares, and as a recen

Published 11 Dec, 2014 11:59am

Financial

Indian rupee weakens to more than 9-month low; central bank seen intervening

MUMBAI: The Indian rupee fell to its weakest level against the dollar in more than nine months tracking a decline in dom

Published 11 Dec, 2014 08:28am

Financial

China's yuan firms but trades well below PBOC's stronger midpoint

BEIJING: China's yuan firmed against the dollar on Thursday but continued to trade far below the official daily guid

Published 11 Dec, 2014 06:16am

Financial

Dollar mixed after falls on risk aversion

TOKYO: The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments

Published 11 Dec, 2014 06:09am

Financial

Australian dollar edges up after mixed jobs report

SYDNEY: The Australian dollar nudged up on Thursday after a better-than-expected job report. The Aussie jumped to a week

Published 11 Dec, 2014 04:55am

Financial

NZ dollar rallies after RBNZ, drags Australian dollar up

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Thursday after the Reserve Bank of New

Published 11 Dec, 2014 04:40am

Financial

Dollar drop eases pressure on metals

SYDNEY: Metals edged higher on Thursday as the dollar weakened against an index of currencies on year-end positioning an

Published 11 Dec, 2014 04:28am

Financial

Dollar mixed after falls on risk aversion

TOKYO: The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments

Published 11 Dec, 2014 03:37am

Financial

Yen's rally lifts Asia FX despite China deflation worries

SINGAPORE: Most emerging Asian currencies rose on Wednesday as the yen advanced to briefly strengthen past 119 per dolla

Published 10 Dec, 2014 12:42pm

Financial

Dollar slips in Asian trade

TOKYO: The dollar slipped against the yen in Asian trade Wednesday as risk appetite subsided and as eurozone fears retur

Published 10 Dec, 2014 07:05am

Financial

Yen up against dollar and euro in Asian trade

TOKYO: The safe-haven yen firmed against the dollar and the euro in Asian trade Wednesday as risk appetite subsided and

Published 10 Dec, 2014 06:58am

Financial

Solid yen supports Asia FX; China deflation worries weigh

SINGAPORE: Most emerging Asian currencies rose on Wednesday, helped by the yen's strength, while gains were limited

Published 10 Dec, 2014 05:33am

Financial

Dollar under pressure after shake out of crowded bullish positions

SYDNEY/TOKYO: The dollar nursed hefty losses on Wednesday following a brutal shakeout of bullish positions as investors

Published 10 Dec, 2014 05:28am

Financial

South Korean won rebounds from 15-month low on short-covering; shares edge down

SEOUL: The South Korean won was firmer on Tuesday morning as investors covered short positions in the currency, consolid

Published 09 Dec, 2014 06:57am

Financial

Australia & NZ dollars slip to multi-year lows, bonds in demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dropped to multi-year lows on Tuesday as another slide in oil

Published 09 Dec, 2014 06:53am

Financial

Yuan slide quickens as Chinese forex market ignores central bank guidance

SHANGHAI/BEIJING: China's yuan slid dramatically against the dollar on Tuesday, heading for the largest single-day d

Published 09 Dec, 2014 06:36am

Financial

Yen benefits from falling oil prices; commodity currencies slide

SINGAPORE/SYDNEY: The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to

Published 09 Dec, 2014 06:27am

Financial

South Korean won recovers on yen rebound; shares weighed by oil falls

SEOUL: The South Korean won rose on Tuesday as a strong rebound by the yen reduced worries that South Korean l authoriti

Published 09 Dec, 2014 06:23am

Financial

Dollar stands firm against yen but fresh rises tipped

TOKYO: The dollar held its ground against the yen Tuesday after dipping in New York, although analysts expect further ad

Published 09 Dec, 2014 04:21am

Financial

Sri Lankan rupee forwards end firmer on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards closed firmer on Monday as dollar selling by exporters and inward remittances outpace

Published 08 Dec, 2014 04:05pm

Financial

Indian rupee falls, tracking broad dlr rally; flows limit fall

MUMBAI: The Indian rupee weakened on Monday after a robust monthly U.S. employment data sparked a global rally in the do

Published 08 Dec, 2014 04:01pm

Financial

Sterling, Aussie, kiwi hit new lows against stronger dollar

LONDON: Sterling and the New Zealand and Australian dollars were the main losers among major currencies in early Europea

Published 08 Dec, 2014 09:10am

Financial

South Korean won hits fresh 15 month low on strong US jobs data; share edge down

SEOUL: The South Korean won fell to a 15-month low on Monday, pressured by a broad rally in the dollar after surprisingl

Published 08 Dec, 2014 05:54am

Financial

Australia & NZ dollars stung by China data, strong US jobs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing hefty losses on Monday as weak Chinese trade numb

Published 08 Dec, 2014 05:53am

Financial

China's yuan slightly weaker, follows last week's bearish trend

BEIJING: China's yuan weakened against the broadly stronger dollar on Monday, despite the central bank setting a str

Published 08 Dec, 2014 05:37am

Financial

Dollar basks in post-payrolls glow, touches 7-year high vs yen

SINGAPORE/SYDNEY: The dollar set a fresh seven-year high against the yen on Monday after surprisingly robust US jobs dat

Published 08 Dec, 2014 05:30am

Financial

Dollar holds up after boost on strong jobs data

TOKYO: The dollar edged higher against the yen in Asia on Monday after rallying at the end of last week on strong US job

Published 08 Dec, 2014 03:59am

Financial

Dollar rally to weaken Indian rupee over next year; yuan to rise

BENGALURU: The Indian rupee will fall further against the dollar over coming months, according to analysts in a Reuters

Published 05 Dec, 2014 02:21pm

Financial

China money rates slide, bond yields rise with further easing expected

SHANGHAI: China's money rates slid this week and yields on lower rated bonds rose as investors factored in growing e

Published 05 Dec, 2014 02:11pm

Financial

Ringgit leads weekly Asia FX losses; US jobs data eyed

SINGAPORE: The Malaysian ringgit hit a five-year low against the dollar on a disappointing trade data on Friday, leading

Published 05 Dec, 2014 02:10pm

Financial

Indian rupee at two-week closing high; US jobs data eyed

MUMBAI: The Indian rupee ended at a two-week closing high on Friday, tracking broad-based strength in Asian currencies a

Published 05 Dec, 2014 01:11pm

Financial

Euro holds steady afer rallying on ECB decision

TOKYO: The euro held steady against other major currencies in Asia on Friday after the European Central Bank's decis

Published 05 Dec, 2014 07:25am

Financial

Euro holds up after rallying on ECB decision

TOKYO: The euro held up against other major currencies in Asia on Friday after rallying on the European Central Bank&#39

Published 05 Dec, 2014 03:49am

Financial

Euro hits 2-year low as ECB eyed; Aussie dollar extends fall

SYDNEY/SINGAPORE: The euro hit a two-year low on Thursday, finding few friends in a market that is wagering the European

Published 04 Dec, 2014 12:57pm

Financial

Ringgit sentiment worst since 2008 crisis; long yuan positions fall

SINGAPORE: Short positions in Malaysia's ringgit reached their largest since the 2008-09 global financial crisis ove

Published 04 Dec, 2014 12:53pm

Financial

Firm US job data hurts Asia FX; won down as yen nears 120/dollar

SINGAPORE: Most emerging Asian currencies eased on Thursday as the dollar stayed at multi-year highs against major curre

Published 04 Dec, 2014 12:20pm

Financial

Dollar up in Asia after positive Fed report on US economy

TOKYO: The dollar on Thursday edged closer to 120 yen after the Federal Reserve published an upbeat outlook on the US ec

Published 04 Dec, 2014 04:31am

Financial

South Korean won falls as weakening yen fuels intervention worries; shares up

SEOUL: The South Korean won was nursing moderate losses on Wednesday morning as market players turned skittish over the

Published 03 Dec, 2014 03:09pm

Financial

Aussie dollar sinks to 4 year lows after weak GDP, brings rate cut into view

SYDNEY/WELLINGTON: The Australian dollar tumbled to four-year lows on Wednesday after a surprisingly soft reading on eco

Published 03 Dec, 2014 03:07pm

Financial

Dollar sets 7-year high vs yen; Aussie tumbles after weak GDP

SINGAPORE/SYDNEY: The dollar hit a seven-year peak against the yen on Wednesday, following a rise in US bond yields and

Published 03 Dec, 2014 02:56pm

Financial

Strong dollar hits Asia FX; ringgit near 5 year low despite oil rebound

SINGAPORE: Most Asian emerging markets currencies fell on Wednesday as the dollar hit a seven-year top against the yen,

Published 03 Dec, 2014 02:50pm

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday as dollar demand from importers outpaced greenback sales by

Published 03 Dec, 2014 02:14pm

Financial

Indian rupee ends lower in line with Asian peers

MUMBAI: The Indian rupee ended marginally lower on Wednesday in line with Asian peers on global dollar strength, but vol

Published 03 Dec, 2014 01:58pm

Financial

China allows brokerage to trade in interbank FX market

BEIJING: Guotai Junan Securities, China's third-largest broker by profit, has been approved to trade in the interban

Published 03 Dec, 2014 10:07am

Financial

Dollar creeps toward fresh seven-year yen high

TOKYO: The dollar crept towards 120 yen and a new seven-year high on Wednesday as a batch of encouraging US data showed

Published 03 Dec, 2014 06:02am

Financial

Dollar creeps toward fresh seven-year yen high

TOKYO: The dollar crept closer to a fresh seven-year high above 120 yen on Wednesday as a batch of encouraging US data s

Published 03 Dec, 2014 05:35am

Financial

Sri Lankan rupee forwards end tad up on exporter, bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Tuesday as dollar sales by exporters and banks outpaced impo

Published 02 Dec, 2014 12:19pm

Financial

Indian rupee ends higher after RBI policy review

MUMBAI: The Indian rupee rose on Tuesday after the central bank kept interest rates unchanged but signalled it could eas

Published 02 Dec, 2014 11:54am

Financial

Dollar holds up, ruble rebounds

TOKYO: The dollar held steady in Asia Tuesday after sliding on a rebound in oil prices, while the Russian ruble bounced

Published 02 Dec, 2014 06:27am

Financial

South Korean won firms as oil rebound halts dollar rally; shares dip on growth woes

SEOUL: The South Korean won firmed against the dollar on Tuesday as the greenback came under pressure from a sharp rebou

Published 02 Dec, 2014 04:55am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan rose slightly against the dollar on Tuesday, following a stronger midpoint fix by the centra

Published 02 Dec, 2014 04:46am

Financial

Dollar holds up, ruble rebounds

TOKYO: The dollar held steady in Asia Tuesday following a slip in reaction to a rebound in oil prices, while the Russian

Published 02 Dec, 2014 04:08am

Financial

Indian rupee ends flat after hitting 9-1/2 month low

MUMBAI: The Indian rupee ended largely steady on Monday after touching a near 9-1/2 month low, as dollar selling by expo

Published 01 Dec, 2014 12:37pm

Financial

Malaysia ringgit to see largest two-day loss since 1997-98 crisis as oil slides

SINGAPORE: Malaysia's ringgit was set on Monday to suffer its biggest two-day slide since the 1997-98 Asian financia

Published 01 Dec, 2014 08:11am

Financial

Dollar up in Asia on weak oil prices

TOKYO: The dollar notched up further gains against the yen in Asia on Monday as investors embraced lower oil prices as a

Published 01 Dec, 2014 04:35am

Financial

Australia & NZ dollars skid on oil slide, bonds in demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were heading for a second week of losses on Friday, weighed by

Published 28 Nov, 2014 02:06pm

Financial

Ringgit near 5 year low as oil tumbles; Asia FX down in Nov

SINGAPORE: Malaysia's ringgit fell to a near five-year low on Friday as oil prices tumbled, while emerging Asian cur

Published 28 Nov, 2014 01:57pm

Financial

Indian rupee falls for fifth straight week; GDP data in focus

MUMBAI: The Indian rupee weakened on Friday, continuing to fall for a fifth straight week, as the broad rally in the dol

Published 28 Nov, 2014 01:06pm

Financial

Sri Lankan rupee forwards end firmer on dollar sales by banks, exporters

COLOMBO: Sri Lankan rupee forwards gained on Friday due to inward remittances and exporter dollar sales and as banks off

Published 28 Nov, 2014 12:35pm

Financial

Yen weakens in Asia after poor Japan data

TOKYO: The yen weakened in Asia on Friday after a slate of tepid Japanese data that has dealt another blow to the govern

Published 28 Nov, 2014 06:05am

Financial

Sri Lankan rupee forwards firmer on dollar sales by banks, exporters

COLOMBO: Sri Lankan rupee forwards gained on Thursday as exporters sold dollars after being away from the market recentl

Published 27 Nov, 2014 04:28pm

Financial

Won leads Asia FX gains on weak US data; peso up despite slowed GDP growth

SINGAPORE: South Korea's won hit its strongest level in more than a week on Thursday, leading gains among emerging A

Published 27 Nov, 2014 01:19pm

Financial

Indian rupee wedged in tight band; month-end importer dollar demand hurts

MUMBAI: The Indian rupee ended slightly lower on Thursday after trading in a thin band through the day as demand for the

Published 27 Nov, 2014 12:22pm

Financial

Euro slips in Asia on ECB official's easing comments

TOKYO: The euro lost more ground in Asia on Thursday after a European Central Bank official's dovish comments booste

Published 27 Nov, 2014 07:59am

Financial

Australia dollar rebounds on upbeat capex, NZD steady

SYDNEY/WELLINGTON: The Australian dollar bounced off four-year lows on Thursday after an upbeat report on business spend

Published 27 Nov, 2014 05:04am

Financial

Dollar dips versus yen, Aussie climbs on upbeat data

TOKYO: The dollar edged down against the yen on Thursday after lacklustre US economic data pushed Treasury yields lower

Published 27 Nov, 2014 04:24am

Financial

Euro slips in Asia on ECB official's easing comments

TOKYO: The euro lost more ground in Asia on Thursday after a European Central Bank official's dovish comments booste

Published 27 Nov, 2014 03:39am

Financial

Australian dollar slides to 4-year low against greenback

LONDON: The Australian dollar hit a four-year low against its US counterpart on Wednesday ahead of a clutch of data like

Published 26 Nov, 2014 01:42pm

Financial

India rupee inches higher; month-end dollar demand offsets inflows

MUMBAI: The Indian rupee closed marginally stronger on Wednesday after being held in a tight range as dollar inflows int

Published 26 Nov, 2014 01:12pm

Financial

Sri Lankan rupee forwards fall on dollar demand from importers

COLOMBO: Sri Lankan rupee forwards fell on Tuesday due to dollar demand by importers, but the central bank prevented fur

Published 26 Nov, 2014 12:56pm

Financial

Dollar's yen rally stalls in Asia

TOKYO: The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed US ec

Published 26 Nov, 2014 06:46am

Financial

Dollar's yen rally stalls in Asia

TOKYO: The yen edged up against the dollar Wednesday as a recent sell-off in the unit over the past month ran out of ste

Published 26 Nov, 2014 04:42am

Financial

India rupee gains on corporate, custodian bank dollar sales

MUMBAI: The Indian rupee gained on Tuesday after a volatile trading session as dollar selling by custodian banks and a l

Published 25 Nov, 2014 04:32pm

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday due to importer dollar demand, with the central bank pegging

Published 25 Nov, 2014 04:22pm

Financial

Yen edges up in Asia on BoJ chief comments

TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact o

Published 25 Nov, 2014 07:02am

Financial

Yen edges up in Asia on BoJ chief comments

TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact o

Published 25 Nov, 2014 05:37am

Financial

India rupee weakens as state-run banks buy dollars; euro fall weighs

MUMBAI: The Indian rupee weakened on Monday on sustained buying of dollars by state-run banks and importers even as most

Published 24 Nov, 2014 01:35pm

Financial

Sri Lankan rupee forwards end weaker on political uncertainty

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, though moral suasion by the cen

Published 24 Nov, 2014 01:32pm

Financial

Euro struggles in Asia on ECB chief's comments

SINGAPORE: The euro struggled in Asian trade Monday after being hammered late last week in response to comments from the

Published 24 Nov, 2014 06:46am

Financial

Euro struggles in Asia on ECB chief comments

SINGAPORE: The euro struggled to recover in Asian trade Monday after being hammered at the end of last week in response

Published 24 Nov, 2014 04:46am

Financial

Yen rebound lifts regional peers; Asia FX down for week

SINGAPORE: Emerging Asian currencies rose on Friday as the yen rebounded after Japan's Finance Minister Taro Aso war

Published 21 Nov, 2014 03:58pm

Financial

Yuan may weaken early next year as central bank steps back

SHANGHAI/BEIJING: China's central bank has taken a hands-off approach to the yuan in the last six months, possibly s

Published 21 Nov, 2014 02:43pm

Financial

Australia & NZ dollars bounce, but still lower for the week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced off lows on Friday as commodity prices showed tentativ

Published 21 Nov, 2014 02:41pm

Financial

South Korean won bounces from 15 month low, shares edge higher

SEOUL: The South Korean won rebounded from a 15-month trough on Friday, as the dollar took a breather, especially agains

Published 21 Nov, 2014 02:32pm

Financial

Yen jumps after Japan fin min warns on rapid fall

TOKYO: The yen rose sharply on Friday after Japanese Finance Minister Taro Aso said the currency's fall over the pas

Published 21 Nov, 2014 02:31pm

Financial

Yen recovers from multi-year lows

TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against

Published 21 Nov, 2014 09:44am

Financial

Yen recovers from multi-year lows

TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against

Published 21 Nov, 2014 04:44am

Financial

Sliding yen, weak China PMI hit Asia FX; Sing dollar up with intervention spotted

SINGAPORE: Most emerging Asian currencies fell on Thursday with the South Korean won near a 15-month low as the yen lost

Published 20 Nov, 2014 12:39pm

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to dollar demand from importers, but moral suasion by th

Published 20 Nov, 2014 12:05pm

Financial

Indian rupee recoups losses to end nearly flat

MUMBAI: The Indian rupee ended nearly flat on Thursday after a fall to a nine-month low had sparked mild intervention fr

Published 20 Nov, 2014 11:58am

Financial

Yen hits fresh lows on BoJ easing speculation

TOKYO: The yen drifted lower in Asia on Thursday, hitting multi-year lows against the dollar and euro as investors bet o

Published 20 Nov, 2014 04:26am

Financial

Sliding yen hits Asia FX, rupiah up on central bank rate hike

SINGAPORE: Most emerging Asian currencies fell on Wednesday as the yen hit a seven-year low, while Indonesia's rupia

Published 19 Nov, 2014 01:24pm

Financial

Indian rupee hits 8-1/2 month low on dollar demand from oil firms

MUMBAI: The Indian rupee hit an 8-1/2 month low on Wednesday as global gains in the dollar ahead of the release of U.S.

Published 19 Nov, 2014 12:43pm

Financial

Sri Lankan rupee forwards fall slightly on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday due to importer dollar demand, though moral suasio

Published 19 Nov, 2014 12:32pm

Financial

Sri Lankan rupee forwards steady on central bank moral suasion

COLOMBO: Sri Lankan rupee forwards traded steady on Wednesday despite importer dollar demand due to moral suasion from t

Published 19 Nov, 2014 07:59am

Financial

Yen weakens after BoJ meeting

TOKYO: The yen slipped in Asia Wednesday after the Bank of Japan wrapped up a meeting with policymakers trimming their i

Published 19 Nov, 2014 06:00am

Financial

Yen slips in wake of Japan's decision to delay sales tax rise

SINGAPORE: The yen hit a fresh seven-year low versus the dollar on Wednesday, staying on the defensive after Japanese Pr

Published 19 Nov, 2014 05:12am

Financial

Australian & NZ dollars weighed by iron ore and dairy declines

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make friends on Wednesday, following another slid

Published 19 Nov, 2014 03:22am

Financial

South Korean won falls to fresh 14 month low on yen weakness; shares lower

SEOUL: The South Korean won fell to a fresh 14-month low on Wednesday, pressured by the yen slumping to a 7-year low aga

Published 19 Nov, 2014 03:20am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand, though moral suasion from the cent

Published 18 Nov, 2014 04:16pm

Financial

Rupiah hits 2-week high as central bank meets after fuel price hike; Asia FX down

SINGAPORE: Indonesia's rupiah touched a two-week high on Tuesday with some expectations that its central bank may ra

Published 18 Nov, 2014 12:04pm

Financial

Indian rupee ends little changed on EU, Japan stimulus hopes

MUMBAI: The Indian rupee ended little changed on Tuesday after earlier hitting a one-month low as oil companies accelera

Published 18 Nov, 2014 11:45am

Financial

Dollar steady against yen in Asia

TOKYO: The dollar held steady against the yen in Asia Tuesday after the previous day's sell-off in response to news

Published 18 Nov, 2014 06:04am

Financial

Indian rupee hits one-month low on corporate dollar demand

MUMBAI: The Indian rupee weakened to its lowest level in a little over a month on Tuesday morning as private oil firms b

Published 18 Nov, 2014 05:49am

Financial

Dollar underpinned by ECB talk, Japan election speculation

TOKYO: The dollar held its own on Tuesday after European Central Bank officials raised the prospects of further stimulus

Published 18 Nov, 2014 04:11am

Financial

Indonesia rupiah races to 2-week high after fuel price hike

SINGAPORE: Indonesia's rupiah jumped to a two-week high on Tuesday, a day after the government raised subsidised fue

Published 18 Nov, 2014 04:05am

Financial

Australian & NZ dollars supported by carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Tuesday, as the outlook for sustained monetary pol

Published 18 Nov, 2014 03:58am

Financial

China's yuan steady, may face profit-taking after extended gains

HONG KONG: China's yuan steadied on Tuesday as traders braced for a round of profit taking on the Chinese currency,

Published 18 Nov, 2014 03:35am

Financial

Dollar steady against yen in Asia

TOKYO: The dollar held steady against the yen in Asia Tuesday after the previous day's sell-off in response to news

Published 18 Nov, 2014 03:27am

Financial

Indian rupee falls as gloomy Japan data raises global growth concerns

MUMBAI: The Indian rupee fell for a third consecutive session on Monday, trading near its lowest in a month, after data

Published 17 Nov, 2014 03:48pm

Financial

Sri Lanka rupee forwards weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday due to importer dollar demand, but moral suasion from the

Published 17 Nov, 2014 03:43pm

Financial

Won leads Asia FX gains as yen rebounds despite Japan's slump

SINGAPORE: The South Korean won led gains in emerging Asian currencies on Monday as the yen rebounded from a seven-year

Published 17 Nov, 2014 08:31am

Financial

Sri Lanka rupee forwards weaker on importer dollar demand; central bank caps fall

COLOMBO: Sri Lanka rupee forwards traded weaker on Monday due to importer dollar demand, while moral suasion by the cent

Published 17 Nov, 2014 07:57am

Financial

Yen up against dollar after poor Japan GDP data

TOKYO: The yen climbed against the dollar in Asia Monday after briefly hitting a seven-year low in response to data show

Published 17 Nov, 2014 07:07am

Financial

Australia, NZ dollars jump on yen as Japan slips into recession

SYDNEY: The Australian and New Zealand dollars extended their meteoric rise on the yen on Monday as dismal Japanese econ

Published 17 Nov, 2014 04:44am

Financial

Dollar retreats from 7 year high vs yen as Japan recession hits Nikkei

TOKYO: The dollar swung wildly against the yen on Monday, initially spiking to a seven-year high after data showed Japan

Published 17 Nov, 2014 04:35am

Financial

China's yuan edges higher as stock connect scheme debuts

HONG KONG: China's yuan firmed slightly on Monday as a landmark scheme connecting the Hong Kong and mainland stock m

Published 17 Nov, 2014 04:20am

Financial

Yen on roller coaster in Asia after poor Japan GDP data

TOKYO: Japan's currency was on a roller coaster ride in Asia Monday as news that the country had slumped into recess

Published 17 Nov, 2014 04:09am

Financial

Indian rupee sees biggest fall in a week on broad dollar rise

MUMBAI: The Indian rupee saw its biggest single-day fall in a week on Friday tracking a continued resurgence globally in

Published 14 Nov, 2014 12:23pm

Financial

Sri Lanka rupee forwards weaker on importer dollar demand; central bank caps fall

COLOMBO: The Sri Lanka rupee forwards ended weaker on Friday due to importer dollar demand, while the central bank's

Published 14 Nov, 2014 12:09pm

Financial

Yen mixed in Asia with focus on Japan GDP data

TOKYO: The yen was mixed in Asia on Friday as investors eye third-quarter Japanese growth figures next week while specul

Published 14 Nov, 2014 07:26am

Financial

Yen weak in Asia with focus on Japan GDP data

TOKYO: The yen struggled in Asia on Friday as investors eye third-quarter Japanese growth figures next week while specul

Published 14 Nov, 2014 04:35am

Financial

Sri Lanka rupee edges down despite dollar sales by banks

COLOMBO: The Sri Lanka rupee ended slightly weaker on Thursday as importer dollar demand outpaced greenback sales by ban

Published 13 Nov, 2014 12:32pm

Financial

Indian rupee see-saws; state-bank dollar buying, weak shares hurt

MUMBAI: The Indian rupee continued its see-sawing trend and weakened marginally on Thursday as losses in domestic shares

Published 13 Nov, 2014 12:15pm

Financial

China's yuan nearly flat after APEC summit

SHANGHAI: China's yuan barely moved against the dollar on Thursday as investors turn cautious after the conclusion o

Published 13 Nov, 2014 09:31am

Financial

Won eases as central bank chief remains concerned over weak yen

SINGAPORE: South Korea's won slid on Thursday as the central bank chief repeated concerns over the impact on the loc

Published 13 Nov, 2014 09:26am

Financial

Dollar resumes rise vs yen, intervention warning knocks Aussie

TOKYO: The dollar edged back toward a seven-year high struck earlier this week against the yen, as speculation swirled t

Published 13 Nov, 2014 09:20am

Financial

Yen weak in Asia on Japan sales tax hike speculation

TOKYO: The yen struggled in Asian trade Thursday amid speculation that Tokyo will delay a sales tax hike planned for nex

Published 13 Nov, 2014 06:51am

Financial

South Korean won falls to 14 month low; shares up on bargain-hunting

SEOUL: The South Korean won fell to a fresh 14-month low on Wednesday, tracking sharp declines in the Japanese yen on gr

Published 12 Nov, 2014 05:28am

Financial

Australian & NZ dollars scale new heights against yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars surged on the yen on Wednesday as investors went hunting for y

Published 12 Nov, 2014 05:24am

Financial

China's yuan falls to 3-week low on central bank guidance

SHANGHAI: China's yuan fell to a three-week low against the dollar on Wednesday after the central bank set another w

Published 12 Nov, 2014 05:16am

Financial

Yen off 7-year low after Japan official's comments cool election talk

TOKYO/SYDNEY: The yen pulled back from a seven-year low against the dollar on Wednesday, after comments from a Japanese

Published 12 Nov, 2014 05:15am

Financial

Indian rupee falls tracking broad dollar rally; CPI in focus

MUMBAI: The Indian rupee weakened for a fourth session in five on Tuesday as the dollar resumed its recent rally while p

Published 11 Nov, 2014 12:17pm

Financial

Won leads Asia FX losses as yen tumbles; ringgit at 4-year low

SINGAPORE: The won led losses in emerging Asian currencies on Tuesday due to speculation that South Korean authorities c

Published 11 Nov, 2014 08:50am

Financial

Sri Lanka rupee forwards slightly weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards traded a tad weaker on Tuesday due to importer dollar demand, while moral suasion by

Published 11 Nov, 2014 07:33am

Financial

Dollar nears 7-year high versus yen as Tokyo stocks soar

TOKYO/SYDNEY: The dollar rose towards a seven-year high versus the yen on Tuesday as a surge in Tokyo stocks amid an inc

Published 11 Nov, 2014 07:31am

Financial

China's yuan edges lower on weaker midpoint

SHANGHAI: China's yuan fell against the dollar on Tuesday after the central bank set the midpoint slightly weak, sig

Published 11 Nov, 2014 04:56am

Financial

Dollar edges down in Asia, eyes on Japan growth

TOKYO: The dollar slipped in Asia on Tuesday after ratcheting up big gains against the yen this month, while investors l

Published 11 Nov, 2014 04:48am

Financial

Aussie & Kiwi steady but off highs as US dollar regains footing

WELLINGTON: The Australian and New Zealand dollars were sitting lower in subdued trading on Tuesday as the US dollar reg

Published 11 Nov, 2014 04:10am

Financial

Dollar steadies from payrolls wobble, Aussie firmer on house data

TOKYO/SYDNEY: The dollar steadied on Tuesday after recouping some of its post-payrolls losses as an uptick in risk appet

Published 11 Nov, 2014 03:51am

Financial

Dollar weakens in Asia on mixed US jobs data

TOKYO: The dollar weakened in Asia on Monday after surging to seven-year highs last week, following a closely watched US

Published 10 Nov, 2014 01:46pm

Financial

Sri Lanka rupee steady; inflows expected to ease pressure

COLOMBO: The Sri Lankan rupee traded steady on Monday as dollar inflows into some government securities offset importer

Published 10 Nov, 2014 12:32pm

Financial

US jobs data supports Asia FX; won gains on yen's rebound

SINGAPORE: South Korea's won led rebounds in emerging Asian currencies as weaker-than-expected US jobs data caused i

Published 10 Nov, 2014 12:18pm

Financial

Dollar index to rise to 89.048

SINGAPORE: The dollar index is expected to gain more to 89.048, as it has broken a resistance at 87.155.The resistance w

Published 10 Nov, 2014 12:18pm

Financial

Won leads Asia FX losses on US jobs data caution

SINGAPORE: The South Korean won was set for its worst week in almost 1-1/2 years, leading weekly losses in emerging Asia

Published 07 Nov, 2014 01:41pm

Financial

Sri Lanka rupee steady on central bank intervention; importer dollar demand weighs

COLOMBO: The Sri Lankan rupee was steady on Friday as banks were reluctant to trade below the central bank's desired

Published 07 Nov, 2014 01:26pm

Financial

South Korean won falls, holds near 14-month low; shares edge up

SEOUL: The South Korean won fell for a seventh-straight session on Friday, hovering just above a 14-month low on broad s

Published 07 Nov, 2014 01:00pm

Financial

Indonesia's forex reserves rise to $112bn end-Oct

JAKARTA: Indonesia's foreign exchange reserves rose to $111.97 billion by the end of October from $111.2 billion the

Published 07 Nov, 2014 12:40pm

Financial

Euro struggles in Asia after fall on ECB chief comments

TOKYO: The euro struggled to recover against the dollar in Asia Friday after hitting a more than two-year low in New Yor

Published 07 Nov, 2014 05:37am

Financial

Euro ticks up in Asia after fall on ECB chief comments

TOKYO: The euro struggled to recover against the dollar in Asia Friday after hitting a more than two-year low in New Yor

Published 07 Nov, 2014 04:07am

Financial

Won dips on currency war fears despite Asia FX rebound

SINGAPORE: South Korea's won hit a 14-month low on Thursday after a top official said the country will manage the cu

Published 06 Nov, 2014 12:49pm

Financial

Dollar rally slips in Asia afternoon trade

TOKYO: The dollar's surge against the yen lost steam in Asian afternoon trading on Thursday, after it hit a fresh se

Published 06 Nov, 2014 06:26am

Financial

Dollar keeps marching higher, Euro cowers as ECB looms

SYDNEY/TOKYO: The dollar kept marching higher on Thursday in anticipation of a strong US payrolls report, while the euro

Published 06 Nov, 2014 05:10am

Financial

Dollar surges to fresh seven-year high on yen in Asia

TOKYO: The dollar hit a fresh seven-year high above 115 yen on Thursday in Asia, following upbeat US jobs data and a Rep

Published 06 Nov, 2014 04:22am

Financial

Japan's Suga says will closely watch forex moves

TOKYO: Japan's top government spokesman said on Thursday he would refrain from commenting on the currency market but

Published 06 Nov, 2014 04:06am

Financial

Dollar tops 114 yen in Asia after US mid-term election results after BoJ-sparked rally slows

TOKYO: The dollar topped 114 yen on Wednesday afternoon in Asia, after results from US midterm elections showed that Dem

Published 05 Nov, 2014 01:31pm

Financial

Won leads losses to ascendant dollar; baht at 5-month low on dovish central bank

SINGAPORE: South Korea's won hit a nine-month low on Wednesday, leading slides in emerging Asian currencies, as the

Published 05 Nov, 2014 12:46pm

Financial

Sri Lanka rupee forwards slip on oil import bill demand

COLOMBO: Sri Lankan rupee forwards fell Wednesday on dollar demand from state banks to repay oil bills, with traders say

Published 05 Nov, 2014 08:45am

Financial

Australia & NZ shares slip as commodity prices fall, China data awaited

SYDNEY/WELLINGTON: Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dr

Published 05 Nov, 2014 06:55am

Financial

NZ dollar bounces on upbeat jobs news, A$ gains on yen

SYDNEY/WELLINGTON: The New Zealand dollar rallied for a second session on Wednesday as domestic jobs data showed an upbe

Published 05 Nov, 2014 06:50am

Financial

South Korean won edges up on short-covering, shares subdued on euro zone worries

SEOUL: The South Korean won pulled slightly away from a 7-month low on Wednesday as investors covered short positions af

Published 05 Nov, 2014 06:48am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan edged up against the dollar on Wednesday, after the central bank snapped a four-day streak o

Published 05 Nov, 2014 06:46am

Financial

Dollar tops 114 yen in Asia after US mid-term election results after BoJ-sparked rally slows

TOKYO: The dollar topped 114 yen on Wednesday afternoon in Asia, after results from US midterm elections showed that Dem

Published 05 Nov, 2014 06:28am

Financial

Dollar steady in Asia after BoJ-driven rally fter BoJ-sparked rally slows

TOKYO: The dollar traded in a tight range on Wednesday in Asia, as weak US data hit sentiment and after investors locked

Published 05 Nov, 2014 05:52am

Financial

Sri Lankan rupee forwards gain on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards gained on Monday on dollar selling by exporters and as inward remittances outpaced im

Published 03 Nov, 2014 08:52am

Financial

US dollar trades near seven-year high against yen

SINGAPORE: The US dollar traded near a seven-year high against the yen Monday after Japan's surprise decision last w

Published 03 Nov, 2014 06:19am

Financial

Indian rupee closes higher on foreign inflows, bucks weak Asia peers

MUMBAI: The Indian rupee shrugged off weakness in major Asian currencies to post a modest gain Friday on strong foreign

Published 31 Oct, 2014 01:03pm

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards fell slightly on Friday due to importer dollar demand, but moral suasion by the centr

Published 31 Oct, 2014 07:32am

Financial

Yen plunges to near seven-year low in Tokyo after BoJ easing

TOKYO: The yen plunged to a near seven-year low in Asia on Friday after the Bank of Japan said it would expand its alrea

Published 31 Oct, 2014 06:24am

Financial

Dollar underpinned by GDP, BOJ next in focus

SYDNEY: The dollar held at four-week highs against a basket of major currencies early on Friday, getting another boost f

Published 31 Oct, 2014 06:20am

Financial

Yen plunges to six-year low in Tokyo after BoJ easing

TOKYO: The yen plunged to a six-year low in Asia on Friday after the Bank of Japan said it would expand its already vast

Published 31 Oct, 2014 05:35am

Financial

China's yuan rises on corporate dollar sales, set to rise 0.5 pct in Oct

SHANGHAI: China's yuan edged higher against the dollar on Friday, buoyed by strong corporate dollar sales, traders s

Published 31 Oct, 2014 04:53am

Financial

Sri Lanka rupee edges up on remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee traded a tad firmer on Thursday due to inflows from remittances and exporter dollar sales

Published 30 Oct, 2014 09:05am

Financial

New Zealand dollar falls sharply after RBNZ statement

SYDNEY: The New Zealand dollar fell sharply on Thursday after the country's central bank was seen as sounding a bit

Published 30 Oct, 2014 07:26am

Financial

Dollar up in Asia on Fed's bullish tone

TOKYO: The dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an ear

Published 30 Oct, 2014 07:22am

Financial

Dollar hits 3-1/2 week high on Fed's hawkish tilt, economic optimism

TOKYO: The dollar stayed on the front foot on Thursday, setting a 3-1/2 week high against a basket of currencies after t

Published 30 Oct, 2014 06:47am

Financial

NZ dollar hit by dovish-sounding RBNZ, Aussie also pressured

WELLINGTON/SYDNEY: The New Zealand dollar suffered a double whammy on Thursday, as the Reserve Bank of New Zealand softe

Published 30 Oct, 2014 06:02am

Financial

Dollar stands tall on Fed's show of economic confidence

TOKYO: The dollar stayed on the front foot on Thursday, hovering near 3-1/2 week highs against a basket of currencies af

Published 30 Oct, 2014 05:53am

Financial

Australia shares rise, NZ stocks hit record high on upbeat outlook

SYDNEY/WELLINGTON: Australian and New Zealand shares rose around 0.3 percent on Thursday, underpinned by financials and

Published 30 Oct, 2014 05:50am

Financial

India rupee falls to 2-week low on Fed's US econ outlook

MUMBAI: The Indian rupee fell to a two-week low against the dollar on Thursday as the greenback posted gains after the U

Published 30 Oct, 2014 05:49am

Financial

China's yuan eases as dollar gains globally on Fed's hawkish tone

SHANGHAI: China's yuan fell against the dollar on Thursday after rising in the previous four trading sessions, track

Published 30 Oct, 2014 05:45am

Financial

Won leads Asia FX losses as Fed seen hawkish

SINGAPORE: Most emerging Asian currencies slid on Thursday as the Federal Reserve struck a more hawkish tone than expect

Published 30 Oct, 2014 05:39am

Financial

Dollar up in Asia on Fed's bullish tone

TOKYO: The dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an ear

Published 30 Oct, 2014 05:29am

Financial

Indian rupee ends a tad weaker ahead of Fed meet outcome

MUMBAI: The Indian rupee ended slightly weaker on Wednesday as caution prevailed ahead of the outcome of the U.S. Federa

Published 29 Oct, 2014 12:15pm

Financial

Rupiah leads Asia FX gains on Fed hopes; won's upside curbed

SINGAPORE: Indonesia's rupiah led gains among emerging Asian currencies on Wednesday, helped by expectations that th

Published 29 Oct, 2014 09:14am

Financial

Sri Lanka rupee slips; seen lower on rising imports

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday on importer dollar demand while moral suasion by the central ba

Published 29 Oct, 2014 09:11am

Financial

Dollar steady in Asia as Fed meet wraps up

TOKYO: The dollar was steady in Asia on Wednesday as traders eye the outcome of a Federal Reserve policy meeting later i

Published 29 Oct, 2014 06:30am

Financial

China's yuan touches 7-1/2 month high on stronger midpoint

SHANGHAI: China's yuan climbed to a 7-1/2 month high against the dollar on Wednesday, appreciating for the third str

Published 29 Oct, 2014 05:36am

Financial

US dollar wary ahead of Fed, Swedish crown bruised after rate cut

SYDNEY: The US dollar was subdued early on Wednesday as investors waited for the latest guidance from the Federal Reserv

Published 29 Oct, 2014 04:17am

Financial

Australian & NZ dollars swept higher by carry trade demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose on Wednesday as calmer global markets and a rally in equi

Published 29 Oct, 2014 03:41am

Financial

Sri Lanka rupee slips; may fall further on rising imports

COLOMBO: The Sri Lankan rupee traded a tad weaker on Tuesday as dollar demand by importers surpassed selling of the gree

Published 28 Oct, 2014 09:33am

Financial

Indonesian rupiah nears selling point for foreign bond investors

JAKARTA: he gradually weakening Indonesian rupiah is fast closing in on levels that will force foreign holders of the co

Published 28 Oct, 2014 06:46am

Financial

Australia & NZ dollars hold firm, cautious ahead of c.bank meetings

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held firm on Tuesday with investors cautious of taking large b

Published 28 Oct, 2014 05:37am

Financial

Dollar struggles as soft data push yields lower, Fed awaited

SYDNEY/TOKYO: The US dollar nursed modest losses on Tuesday, having slipped overnight after soft economic data tempered

Published 28 Oct, 2014 04:52am

Financial

Dollar steady in Asia before Fed meeting

TOKYO: The dollar held steady in Asia on Tuesday before the US Federal Reserve starts a two-day policy meeting that is e

Published 28 Oct, 2014 03:49am

Financial

Sri Lanka rupee steady; seen falling

COLOMBO: The Sri Lankan rupee ended little changed on Monday as dollar selling by banks to cover short positions offset

Published 27 Oct, 2014 11:52am

Financial

India rupee ends little changed; sentiment stays positive

MUMBAI: The Indian rupee closed little changed on Monday as improved sentiment from upbeat U.S. data and smaller-than-fe

Published 27 Oct, 2014 11:51am

Financial

Dollar index to approach resistance at 87.155

SINGAPORE: The dollar index may approach a resistance at 87.155 this week, as it has found a strong support at 84.392.Th

Published 27 Oct, 2014 10:02am

Financial

Sri Lanka rupee firmer on bank dollar sales; seen falling

COLOMBO: The Sri Lankan rupee traded a tad firmer on Monday as banks sold dollars to cover short positions, but the mark

Published 27 Oct, 2014 08:52am

Financial

Australian dollar buoyed by improving sentiment & carry trades

SYDNEY: The Australian and New Zealand dollars rose on Monday, buoyed by improving sentiment following strong earnings r

Published 27 Oct, 2014 07:31am

Financial

Euro comes safely through ECB stress test, Aussie up

TOKYO: The euro held firm on Monday after the European Central Bank's stress tests found smaller capital shortfalls

Published 27 Oct, 2014 06:58am

Financial

Euro rises on relief over ECB health test

TOKYO: The euro firmed against other major currencies in Asia on Monday after the European Central Bank gave a large maj

Published 27 Oct, 2014 03:47am

Financial

New York Ebola case pares Asia FX weekly gains

SINGAPORE: Most emerging Asian currencies eased on Friday, paring some of their weekly gains, as risk sentiment weakened

Published 24 Oct, 2014 01:40pm

Financial

Sri Lanka rupee forwards slip on importer dollar demand pre-budget

COLOMBO: Sri Lankan rupee forwards weakened slightly as importers' dollar demand and banks' short-covering weigh

Published 24 Oct, 2014 06:49am

Financial

Dollar rally fizzles in Asia

TOKYO: The dollar edged down against the yen in Asia on Friday after rallying on good economic data, with a first confir

Published 24 Oct, 2014 06:32am

Financial

New York Ebola scare keeps Aussie & kiwi dlrs on the backfoot

SYDNEY/WELLINGTON: The Australian and New Zealand dollars looked set to end the week on a sour note after a report that

Published 24 Oct, 2014 06:17am

Financial

Sri Lanka rupee forwards steady despite importer dollar demand; budget awaited

COLOMBO: Sri Lankan rupee forwards traded steady on Thursday despite dollar demand from importers as the central bank&#3

Published 23 Oct, 2014 07:22am

Financial

Dollar firms in Asia after US inflation rise

TOKYO: The dollar firmed in Asia on Thursday after an unexpected rise in US inflation, while the euro struggled to recov

Published 23 Oct, 2014 05:46am

Financial

Euro rebounds in Asia after drop on ECB easing plan reports

TOKYO: The euro rebounded modestly in Asia on Wednesday after it dropped in New York on reports that the European Centra

Published 22 Oct, 2014 07:09am

Financial

Euro flat in Asia after drop on ECB easing plan reports

TOKYO: The euro held steady in Asia on Wednesday after it dropped in New York on reports that the European Central Bank

Published 22 Oct, 2014 04:58am

Financial

Dollar eases in Asia after weak China data

TOKYO: The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.In

Published 21 Oct, 2014 06:11am

Financial

China's yuan touches 7-month high after better-than-expected Q3 growth

SHANGHAI: China's yuan rose against the dollar on Tuesday, matching a seven-month high of 6.1209 reached last week r

Published 21 Oct, 2014 05:47am

Financial

Aussie edges higher after China GDP; dollar slips vs yen

SINGAPORE: The Australian dollar edged higher on Tuesday after China's third-quarter economic growth slightly exceed

Published 21 Oct, 2014 05:43am

Financial

Australian & NZ dollers gains, focus turns to China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood firm on Tuesday, underpinned by a stabilisation in commo

Published 21 Oct, 2014 04:15am

Financial

Dollar steady as currency majors brace for China data

TOKYO: The US dollar started on a steady footing on Tuesday, as foreign exchange markets braced for a batch of Chinese e

Published 21 Oct, 2014 04:14am

Financial

Australian dollar jumps after China GDP data beats forecasts

SYDNEY: The Australian dollar jumped a quarter of a US cent after Chinese economic growth data was slightly above expect

Published 21 Oct, 2014 03:41am

Financial

India rupee gains for second day; election results cheer

MUMBAI: The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two s

Published 20 Oct, 2014 12:12pm

Financial

Sri Lanka rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while the spot rupee was not tr

Published 20 Oct, 2014 12:11pm

Financial

Sri Lanka rupee forwards edge down on importer dollar demand

COLOMBO: Sri Lankan rupee forwards weakened on Monday due to importer dollar demand, while the spot rupee was untraded,

Published 20 Oct, 2014 08:01am

Financial

Dollar up in Asia as stock markets rally

TOKYO: The dollar strengthened against the euro and yen in Asia on Monday, in line with a regional equities rally after

Published 20 Oct, 2014 06:38am

Financial

Australia & NZ dollars perk up as sentiment improves, data in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were modestly higher on Monday, as they drew support from a mo

Published 20 Oct, 2014 04:43am

Financial

Dollar up as equities surge, yields rise on upbeat data

TOKYO: The dollar gained on Monday after upbeat data restored some calm to the financial markets, prompting equities to

Published 20 Oct, 2014 04:23am

Financial

China's yuan remains nearly flat as ruling party meeting opens

SHANGHAI: China's yuan was little changed on Monday as the central committee of the ruling party began a four-day pl

Published 20 Oct, 2014 04:18am

Financial

Rupiah at 3-week high as Indonesia gets new president; Asia FX gains

SINGAPORE: The Indonesia rupiah led gains among emerging Asian currencies on Monday, hitting a three-week peak on higher

Published 20 Oct, 2014 04:18am

Financial

Indian rupee gains on rise in shares, robust US data

MUMBAI: The Indian rupee gained on Friday as a rise in local shares along with positive US unemployment and industrial o

Published 17 Oct, 2014 05:11pm

Financial

Sri Lanka rupee forwards end tad weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Friday on importer dollar demand while the spot rupee was no

Published 17 Oct, 2014 05:08pm

Financial

Yen ticks up in Asia on global economy jitters

TOKYO: The yen edged higher in Asia on Friday, wiping out early losses, as ongoing worries about the global economy offs

Published 17 Oct, 2014 01:26pm

Financial

NZ dollar falls briefly on RBNZ statement, rebounds

WELLINGTON: The New Zealand dollar briefly slipped to a session low on Friday, but quickly recouped its losses amid mark

Published 17 Oct, 2014 09:54am

Financial

Australia & NZ dollars subdued, but outperform USD on week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were subdued on Friday, but on track to post their best weekly

Published 17 Oct, 2014 08:29am

Financial

Sri Lanka rupee forwards edge up on mild dollar buying

COLOMBO: Sri Lankan rupee forwards traded a tad firmer on Thursday as tepid dollar purchases and mild exporter conversio

Published 16 Oct, 2014 08:30am

Financial

Dollar under pressure in Asia after US sell-off

TOKYO: The dollar struggled against the yen in Asia on Thursday after tumbling in New York trade in response to a weak b

Published 16 Oct, 2014 07:45am

Financial

China's yuan hits seven-month high on strong midpoint

SHANGHAI: China's yuan edged up against dollar on Thursday, buoyed by a strong midpoint fixing by the central bank a

Published 16 Oct, 2014 05:59am

Financial

Dollar sharply lower after weak data raises growth fears

TOKYO: The dollar was sharply lower on Thursday, its appeal deeply dented after poor US data sparked growth concerns tha

Published 16 Oct, 2014 04:43am

Financial

China's yuan trades at 6.1209 per dollar, highest since March

SHANGHAI: China's yuan traded at its strongest level at 6.1209 per dollar since early March on Thursday, continuing

Published 16 Oct, 2014 04:27am

Financial

Australia & NZ dollars prove resilient to equity sell-off

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dipped modestly on Thursday, proving resilient to a sharp fall

Published 16 Oct, 2014 04:24am

Financial

Dollar down sharply as yields plunge on growth fears

TOKYO: The dollar was sharply lower on Thursday, its appeal deeply dented after poor US data added to growth concerns th

Published 16 Oct, 2014 04:08am

Financial

Dollar under pressure in Asia after US sell-off

TOKYO: The dollar struggled against the yen in Asia on Thursday after tumbling in New York trade in response to a weak b

Published 16 Oct, 2014 03:53am

Financial

Australian & NZ dollars unable to keep gains, brace for China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were unable to keep hard-won gains on Wednesday as global defl

Published 15 Oct, 2014 09:57am

Financial

Poor German data hits euro in Asia

TOKYO: The euro slipped in Asia on Wednesday after more gloomy data out of Germany exacerbated worries about Europe'

Published 15 Oct, 2014 06:23am

Financial

Indian rupee marks lowest close in over 1 week; dollar rebounds

MUMBAI: The Indian rupee slumped on Tuesday, retreating from a nearly three-week high hit earlier in the day as growing

Published 14 Oct, 2014 01:30pm

Financial

Sri Lankan rupee falls on importer dollar demand, foreign bond sales

COLOMBO: The Sri Lankan rupee fell on Tuesday due to importer dollar demand in late trade and as foreign investors sold

Published 14 Oct, 2014 01:26pm

Financial

Dollar probes lows on risk aversion, dovish rate hike outlook

TOKYO: The dollar probed recent lows on Tuesday as risk aversion amid the fall in global equities favoured peers such as

Published 14 Oct, 2014 05:48am

Financial

Australian dollar still high vs fundamentals

SYDNEY: Despite the recent fall in the Australian dollar, it remains "higher than most conventional estimates of fundame

Published 14 Oct, 2014 05:28am

Financial

China's yuan hits highest level since March on central bank guidance

SHANGHAI: China's yuan rose to a seven-month high against the dollar on Tuesday, buoyed by a stronger central bank m

Published 14 Oct, 2014 04:46am

Financial

Australian & NZ dollers edge up in choppy trade

SYDNEY: The Australian and New Zealand dollars rose in choppy trade on Tuesday, proving resilient to a sharp sell off in

Published 14 Oct, 2014 04:45am

Financial

Dollar edges up, risk aversion, dovish rate hike outlook weigh

TOKYO: The dollar rebounded modestly against the yen and euro on Tuesday following steep falls overnight, although risk

Published 14 Oct, 2014 04:04am

Financial

Sri Lanka rupee weaker due to equity outflows, importer demand

COLOMBO: The Sri Lanka rupee ended weaker on Monday due to dollar demand for stock-related outflows and from importers,

Published 13 Oct, 2014 12:47pm

Financial

Indian rupee gains on positive China trade data

MUMBAI: The Indian rupee started the week on a winning note after stronger-than-expected China trade data lifted risk ap

Published 13 Oct, 2014 12:42pm

Financial

Yen up against dollar in Asia on global growth fears

SINGAPORE: The yen rose against the dollar in Asia Monday as concerns over the global economy sent traders fleeing to sa

Published 13 Oct, 2014 06:32am

Financial

Dollar slips vs yen as global growth worries hit risk appetites

SINGAPORE: The dollar fell to a one-month low against the yen on Monday, as heightened worries about the health of the g

Published 13 Oct, 2014 06:12am

Financial

Yen rises as global growth woes hit risk sentiment

SINGAPORE: The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the g

Published 13 Oct, 2014 05:03am

Financial

Australian dollar hit by growth woes, yen buying; kiwi recovers slightly

SYDNEY/WELLINGTON: The Australian dollar hovered near four-year lows on Monday as global growth concerns encouraged inve

Published 13 Oct, 2014 05:01am

Financial

China's yuan rises on strong trade data, central bank midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday, posting a nearly two-week high, after China released bet

Published 13 Oct, 2014 04:27am

Financial

Global growth concerns trim Asia FX weekly gains

SEOUL: Most emerging Asian currencies fell on Friday, paring their gains for the week, as worries about a slowing global

Published 10 Oct, 2014 12:47pm

Financial

Sri Lankan rupee weaker on imports; suspected central bank move caps fall

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand from importers and banks, while dealers said t

Published 10 Oct, 2014 11:50am

Financial

Yen rises on global economy worries

TOKYO: The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF w

Published 10 Oct, 2014 07:47am

Financial

Yen rises on global economy worries

TOKYO: The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF w

Published 10 Oct, 2014 06:50am

Financial

Sri Lankan rupee falls slightly on dollar demand from foreign bond sellers

COLOMBO: The Sri Lankan rupee ended a tad weaker on Thursday due to dollar demand from foreign bond sellers and importer

Published 09 Oct, 2014 12:02pm

Financial

India rupee sees biggest single-day gain in nearly 2 months

MUMBAI: The Indian rupee posted its biggest single-day gain in nearly two months on Thursday, after hitting the highest

Published 09 Oct, 2014 11:58am

Financial

Ringgit near 3 week high ahead of budget, Asia FX up on dovish Fed

SEOUL: The Malaysian ringgit hit a near three-week high on Thursday ahead of the country's budget for 2015, leading

Published 09 Oct, 2014 09:01am

Financial

Sri Lankan rupee tad weaker on foreign bond sales, imports

COLOMBO: The Sri Lankan rupee traded weaker on Thursday due to dollar demand from foreign bond sellers and importers, de

Published 09 Oct, 2014 07:47am

Financial

Aussie climbs, brushing off weak Australian jobs reading

WELLINGTON: The Australian dollar edged up on Thursday, boosted by broad selling in the US dollar and as investors ultim

Published 09 Oct, 2014 06:37am

Financial

China's yuan rises for 2nd day on stronger midpoint

HONG KONG: China's yuan rose for a second consecutive day against the dollar on Thursday, after the central bank set

Published 09 Oct, 2014 06:31am

Financial

Dollar hits fresh 2-week low in wake of dovish Fed minutes

SYDNEY/SINGAPORE: The dollar hit a two-week low versus a basket of currencies on Thursday, after minutes from the US Fed

Published 09 Oct, 2014 06:15am

Financial

Dollar pressured in Asia after Fed minutes

TOKYO: The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's Septembe

Published 09 Oct, 2014 04:26am

Financial

Indian rupee gains for third session on debt-related dollar inflows

MUMBAI: The Indian rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buy

Published 08 Oct, 2014 12:03pm

Financial

Australian & NZ dollars slip, jobs data eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars drifted lower on Wednesday, trimming overnight gains in an abs

Published 08 Oct, 2014 08:03am

Financial

Yen rallies broadly as global growth woes sap risk appetite

SYDNEY/TOKYO: The safe-haven yen stood tall on Wednesday, having risen broadly as risk appetite waned in the wake of a p

Published 08 Oct, 2014 08:01am

Financial

Dollar edges up as BOJ's Kuroda endorses benefits of weak yen

TOKYO: The dollar rebounded against the yen on Friday from steep losses overnight, lifted by bargain hunting and comment

Published 03 Oct, 2014 01:11pm

Financial

Sri Lankan rupee gains, central bank starts OMOs

COLOMBO: The Sri Lankan rupee gained against the dollar on Friday after the central bank resumed open market operations

Published 03 Oct, 2014 12:51pm

Financial

Asian currencies mixed, focus on coming US jobs data

SINGAPORE: Asian currencies were mixed on Friday, with their near-term fortunes seen hinging on whether US jobs data com

Published 03 Oct, 2014 12:50pm

Financial

Dollar edges up in Asia ahead of US jobs data

TOKYO: The dollar rebounded slightly against the yen in Asian trade Friday after tumbling from a six-year high, as inves

Published 03 Oct, 2014 05:08am

Financial

Dollar slips further in Asia after US data

TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data th

Published 02 Oct, 2014 06:17am

Financial

Australian & NZ dollars clamber off lows on short squeeze

SYDNEY: The Australian dollar clawed its way off eight-month lows on Thursday after an attempt on the downside fizzled o

Published 02 Oct, 2014 06:06am

Financial

NZ dollar bounds higher against weaker greenback

WELLINGTON: The New Zealand dollar bounded towards a one-week high against the US dollar, which was hit by broad based s

Published 02 Oct, 2014 05:28am

Financial

Dollar slips further in Asia after US data

TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data th

Published 02 Oct, 2014 05:02am

Financial

Indian rupee rebounds from 7-month low ahead of holidays

MUMBAI: The Indian rupee rose on Wednesday, rebounding from a seven-month low touched earlier in the session as investor

Published 01 Oct, 2014 02:45pm

Financial

Sri Lanka rupee forwards end up on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards recovered on Wednesday due to exporter dollar sales after falling in early trade due

Published 01 Oct, 2014 02:15pm

Financial

Euro to fall on further stimulus - could still be above ECB comfort

BANGALORE: The euro will weaken further over the coming year, according to analysts polled by Reuters, who said the poss

Published 01 Oct, 2014 01:56pm

Financial

Australian dollar stung by soft retail data, weighs on NZ dollar

WELLINGTON: The Australian dollar was pulled closer to this year's trough on Wednesday following a surprisingly weak

Published 01 Oct, 2014 04:27am

Financial

Dollar breaks 110 yen for first time in six years

TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string o

Published 01 Oct, 2014 04:24am

Financial

Dollar breaks 110 yen for first time in six years

TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string o

Published 01 Oct, 2014 03:54am

Financial

Sri Lanka rupee weaker on stock-related outflows, seen falling further

COLOMBO: The Sri Lankan rupee was weaker on Tuesday due to equity-related outflows and selling of government securities,

Published 30 Sep, 2014 01:05pm

Financial

Most Asian currencies set for monthly loss, rupiah hits 8-month low

SINGAPORE: The Indonesian rupiah hit its lowest level in nearly eight months on Tuesday and most Asian currencies were s

Published 30 Sep, 2014 12:54pm

Financial

China's yuan rebounds, offshore investors wary of Hong Kong unrest

HONG KONG/SHANGHAI: China's yuan rebounded slightly against the dollar on Tuesday, but trading kept to a tight range

Published 30 Sep, 2014 05:40am

Financial

Dollar slips but set to end September with solid gains

TOKYO/SYDNEY: The dollar took a breather on Tuesday from its recent rally but was still not far from four-year peak agai

Published 30 Sep, 2014 05:36am

Financial

Dollar set to cap off September with solid gains, HK unrest eyed

SYDNEY: The dollar hovered at a four-year peak against a basket of major currencies early on Tuesday, on track to post i

Published 30 Sep, 2014 04:40am

Financial

Dollar eases ahead of data release, eyes on Hong Kong

TOKYO: The dollar dipped in Asian trade Tuesday after enjoying a recent rally, with investors awaiting the release of ke

Published 30 Sep, 2014 04:10am

Financial

Indonesia's central bank intervenes in market to stem volatility in rupiah

JAKARTA: Indonesia's central bank said on Monday it intervened in the foreign exchange market by injecting dollars t

Published 29 Sep, 2014 01:29pm

Financial

Indian rupee falls as dollar surges against Asia FX

MUMBAI: The Indian rupee fell on Monday in a volatile session after an upward revision in US quarterly growth data raise

Published 29 Sep, 2014 01:28pm

Financial

Dollar hits highs vs euro, yen; Kiwi, HK dollar skid

TOKYO: The dollar touched a fresh four-year high against a basket of currencies and a six-year peak against the yen on M

Published 29 Sep, 2014 07:49am

Financial

Sri Lanka rupee steady on moderate bond sales by foreign investors

COLOMBO: The Sri Lankan rupee traded flat on Monday despite foreign investors extending their selling spree of governmen

Published 29 Sep, 2014 07:41am

Financial

Dollar pushes towards 110 yen in Asia

TOKYO: The dollar rose Monday after data showed the US economy grew more than first thought in April-June, while it hit

Published 29 Sep, 2014 06:42am

Financial

Dollar holds at lofty levels, HK dollar hit by pro-democracy protests

TOKYO: The dollar started the week close to a six-year peak against the yen and touched a fresh four-year high against a

Published 29 Sep, 2014 06:30am

Financial

South Korean won hits 5-1/2 month low as dollar rides on U.S data; shares flat

SEOUL: The South Korean won fell to a 5-1/2 month low against the dollar on Monday, as the greenback surged on data poin

Published 29 Sep, 2014 06:12am

Financial

NZ dollar slides, drags Australia dollar to 8-month lows

SYDNEY/WELLINGTON: The New Zealand dollar hit a fresh one-year trough on Monday after New Zealand Prime Minister John Ke

Published 29 Sep, 2014 06:05am

Financial

China's yuan drops, Hong Kong unrest hurts sentiment offshore

HONG KONG/SHANGHAI: Investors' nervousness over clashes between police and pro-democracy protesters in Hong Kong for

Published 29 Sep, 2014 05:49am

Financial

Dollar holds at lofty levels vs euro, yen; HK dollar shaken by protests

TOKYO: The dollar touched a fresh four-year high against a basket of currencies and started the week close to a six-year

Published 29 Sep, 2014 05:31am

Financial

Rupiah hits 7-month low; HK dollar slips on political unrest

SINGAPORE: The Indonesian rupiah hit a seven-month low on Monday on worries about political uncertainty and in response

Published 29 Sep, 2014 05:26am

Financial

Dollar higher in Asia

TOKYO: The dollar advanced in Asian trade on Monday after data showed the US economy growing more than first thought in

Published 29 Sep, 2014 03:56am

Financial

China's yuan rises to highest in more than six months

HONG KONG: China's yuan rose to its highest in more than six months in afternoon trade on Friday. The spot yuan hit

Published 26 Sep, 2014 12:44pm

Financial

Rupiah to post longest weekly losing streak in 15 months, Asia FX weak

SINGAPORE: Indonesia's rupiah fell past the psychologically important 12,000-per-dollar level on Friday, hurt by pol

Published 26 Sep, 2014 12:38pm

Financial

Dollar takes a breather in Asia

TOKYO: The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as t

Published 26 Sep, 2014 08:22am

Financial

Sri Lanka rupee ends weaker on importer dollar demand, cbank repo move

COLOMBO: The Sri Lankan rupee ended weaker on Thursday due to importer dollar demand, even as dealers turned cautious on

Published 25 Sep, 2014 11:53am

Financial

China's yuan steady, central bank sets midpoint at two-week low

HONG KONG: China's yuan held steady against the dollar on Thursday though the central bank set the lowest official m

Published 25 Sep, 2014 08:00am

Financial

Euro wilts after Draghi says ready for further steps

SYDNEY: The euro languished at 14-month lows in Asia on Thursday after reported remarks from European Central Bank Presi

Published 25 Sep, 2014 07:43am

Financial

Dollar jumps in Asia on upbeat US housing data

TOKYO: The dollar climbed in Asia on Thursday thanks to strong US housing data while the euro took a hit following anoth

Published 25 Sep, 2014 06:31am

Financial

Sri Lanka rupee recovers from near 4-month low on banks' dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday, recovering from the previous day's near four-month

Published 24 Sep, 2014 12:00pm

Financial

Indian rupee hits 1-week low on coal ruling, then recovers

MUMBAI: The Indian rupee fell to its weakest in nearly a week after the cancellation of coal blocks allocated to compani

Published 24 Sep, 2014 11:58am

Financial

NZ dollar hits 1-year lows, Aussie pinned near 7-month trough

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were deep under water on Wednesday as jitters over global grow

Published 24 Sep, 2014 06:45am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan edged up against the dollar on Wednesday after the central bank set a slightly stronger offi

Published 24 Sep, 2014 06:08am

Financial

Yen firmer after Japan PM Abe's remarks; dollar pauses from rally

SINGAPORE/TOKYO: The yen edged higher on Wednesday after Japanese Prime Minister Shinzo Abe reportedly voiced concern ab

Published 24 Sep, 2014 05:59am

Financial

Yen up in Asia after US-led Syria strikes

TOKYO: The yen picked up in Asia on Wednesday as US-led strikes on militants in Syria and a survey showing further weakn

Published 24 Sep, 2014 04:50am

Financial

Indian rupee ends lower as shares slump, caution grows

MUMBAI: The Indian rupee fell the most among emerging market peers on Tuesday as shares slumped after weak global manufa

Published 23 Sep, 2014 12:26pm

Financial

Sri Lanka rupee ends near 4-month low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday at a near four-month low on importer dollar demand after

Published 23 Sep, 2014 12:23pm

Financial

Sri Lanka rupee steady; forwards seen falling after rate decision

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as importer dollar demand offset inward remittances and exporter

Published 23 Sep, 2014 07:52am

Financial

Australia & NZ dollars struggle near 7 month lows as China underwhelms

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled near seven-month lows on Tuesday after tumbling comm

Published 23 Sep, 2014 05:35am

Financial

China's yuan steady, better-than-expected PMI survey no impact

HONG KONG: China's yuan was little changed against the dollar on Tuesday after the central bank set a very marginall

Published 23 Sep, 2014 05:34am

Financial

Dollar rally pauses; Aussie edges up after flash China PMI

SINGAPORE/SYDNEY: The dollar hovered just below a four-year peak against a basket of major currencies on Tuesday as the

Published 23 Sep, 2014 05:13am

Financial

Dollar down after 10-week rally, euro gains capped

SINGAPORE: The dollar slipped in Asia Tuesday following a 10-week rally, while gains in the euro were capped by concerns

Published 23 Sep, 2014 03:51am

Financial

Indian rupee ends little changed; China PMI in focus

MUMBAI: The Indian rupee ended little changed on Monday after gaining in each of the previous four sessions as investors

Published 22 Sep, 2014 11:53am

Financial

Dollar index faces resistance zone of 84.753-84.935

SINGAPORE: The dollar index faces a resistance zone of 84.753-84.935 and may either hover around this range or retrace t

Published 22 Sep, 2014 09:04am

Financial

Sri Lanka rupee steady on dull trade; seen flat until 2015 budget

COLOMBO: The Sri Lankan rupee traded steady on Monday as inward remittances and exporter dollar conversions helped offse

Published 22 Sep, 2014 07:01am

Financial

High-flying dollar slips in Asia

TOKYO: The dollar retreated in Asia on Monday after surging last week on hints by the US Federal Reserve of higher than

Published 22 Sep, 2014 06:59am

Financial

Won leads Asia FX gains after S&P raises South Korea rating outlook

SINGAPORE: South Korea's won led gains among emerging Asian currencies on Monday as investors cut dollar holdings on

Published 22 Sep, 2014 06:07am

Financial

Dollar well bid on Fed outlook, no G20 reprieve for yen

TOKYO: The dollar hovered near a two-year high against a basket of currencies on Monday, underpinned by expectations the

Published 22 Sep, 2014 05:02am

Financial

Australian dollar hurt by commodities, NZ dollar finds post-election respite

WELLINGTON/SYDNEY: The Australian dollar plumbed a six-month trough on Monday, weighed by falling commodity and stock pr

Published 22 Sep, 2014 05:01am

Financial

Asia FX down for week, ringgit at 4-month low as rates held

SINGAPORE: Most emerging Asian currencies fell for the week after the US Federal Reserve published its rate hike outlook

Published 19 Sep, 2014 08:51am

Financial

Sterling firms as early results go against Scottish independence

TOKYO: Sterling rose to a two-week high against the US dollar and two-year peak against the euro on Friday, taking comfo

Published 19 Sep, 2014 06:12am

Financial

Aussie, kiwi slide vs sterling on early Scottish vote results

WELLINGTON: The Australian and New Zealand dollars plumbed multi-month lows versus sterling on Friday, knocked by the UK

Published 19 Sep, 2014 06:07am

Financial

China's yuan rises on midpoint, seen moving between 6.13-15 in near term

SHANGHAI: China's yuan firmed against the dollar on Friday after the central bank set a marginally stronger midpoint

Published 19 Sep, 2014 05:45am

Financial

Sri Lanka rupee ends steady amid importer dlr demand; central bank caps fall

COLOMBO: The Sri Lankan rupee closed steady on Thursday despite sustained importer dollar demand as moral suasion by the

Published 18 Sep, 2014 03:55pm

Financial

Indian rupee ducks Asia FX falls to end higher after Fed meet

MUMBAI: The Indian rupee gained on Thursday tracking a rally in domestic shares on hopes the country would retain its ap

Published 18 Sep, 2014 12:08pm

Financial

Dollar surges to 6 year peak on yen, Tokyo stocks cheer

SYDNEY: Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve

Published 18 Sep, 2014 06:50am

Financial

Australia & NZ dollars hit multi-month lows after Fed statement

SYDNEY/WELLINGTON: The Australian and New Zealand dollars skidded to multi-month lows on Thursday as the Federal Reserve

Published 18 Sep, 2014 06:20am

Financial

China money market rates drop, traders suspect large cash injection

SHANGHAI: China's money market rates fell on Thursday, with improving liquidity seen in the financial system after r

Published 18 Sep, 2014 06:11am

Financial

China's yuan falls on weaker midpoint, market confidence weakens

SHANGHAI: China's yuan weakened against the dollar on Thursday after the central bank set a weaker official rate, wi

Published 18 Sep, 2014 06:01am

Financial

Asia FX rattled by Fed rates view; ringgit at 4 month low before rate meet

SINGAPORE: Emerging Asian currencies dropped on Thursday as the US Federal Reserve's outlook for rising rates stoked

Published 18 Sep, 2014 05:54am

Financial

Weak yen fails to boost exports as Japan logs trade deficit

TOKYO: Japan on Thursday posted its 26th consecutive monthly trade deficit, as a sharply weaker yen failed to lift expor

Published 18 Sep, 2014 05:35am

Financial

Dollar up in Asia after Fed meeting

TOKYO: The dollar rose against most currencies in Asia Thursday after the US Federal Reserve hinted interest rates could

Published 18 Sep, 2014 05:27am

Financial

Sri Lanka rupee ends firmer on moral suasion; forwards pick up

COLOMBO: The Sri Lankan rupee ended a tad firmer on Wednesday as moral suasion by the central bank averted a further fal

Published 17 Sep, 2014 12:27pm

Financial

Indian rupee gains for second straight session on Fed rate hopes

MUMBAI: The Indian rupee gained for a second consecutive session on Wednesday, tracking other Asian currencies, on expec

Published 17 Sep, 2014 12:26pm

Financial

Sri Lanka rupee trades steady on central bank's moral suasion

COLOMBO: The Sri Lankan rupee was little changed on Wednesday as moral suasion by the central bank averted a fall amid s

Published 17 Sep, 2014 08:13am

Financial

Dollar holds firm ahead of Fed meeting

TOKYO: The dollar held steady in Asia on Wednesday as investors await the outcome of a US Federal Reserve meeting later

Published 17 Sep, 2014 05:41am

Financial

Dollar on edge as Fed language eyed, Aussie surges

SYDNEY: The US dollar nursed modest losses early on Wednesday, having suffered an unexpected setback as jitters mounted

Published 17 Sep, 2014 05:21am

Financial

Australian & NZ dollars lifted by swings in Fed speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Wednesday on speculation the US Federa

Published 17 Sep, 2014 04:48am

Financial

China's yuan inches up on central bank's guidance

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday after the central bank set the guidance rate

Published 17 Sep, 2014 04:38am

Financial

Dollar holds firm ahead of Fed meeting

TOKYO: The dollar held its own against other currencies in Asia on Wednesday as investors wait for the outcome of a US F

Published 17 Sep, 2014 03:18am

Financial

Dollar firms in Asia before Fed policy meeting

TOKYO: The dollar picked up in Asia on Tuesday ahead of a US central bank policy meeting, with investors looking for sig

Published 16 Sep, 2014 02:16pm

Financial

Taiwan dollar, Philippine peso at around 4-month lows on Fed caution

SINGAPORE: The Taiwan dollar and the Philippine peso fell to around four-month lows on Tuesday as caution prevailed over

Published 16 Sep, 2014 01:10pm

Financial

Aussie back under pressure, Swedish crown recovers

LONDON: A renewed drop in the Australian dollar was the main move on major currency markets on Tuesday, with the dollar,

Published 16 Sep, 2014 12:03pm

Financial

Indian rupee gains ahead of Fed meet

MUMBAI: The Indian rupee recovered on Tuesday from a one-month low hit in the previous session on bargain-hunting, but s

Published 16 Sep, 2014 11:53am

Financial

Australia & NZ dollars bounce off multi-month lows, but vulnerable

WELLINGTON/SYDNEY: The Australian and New Zealand dollars rebounded from multi-month lows on Tuesday after recent sharp

Published 16 Sep, 2014 05:54am

Financial

China's yuan edges down on weak midpoint and FDI data

SHANGHAI: China's yuan softened against the dollar on Tuesday for the fourth straight day after the central bank set

Published 16 Sep, 2014 05:44am

Financial

Dollar eases in Asia before Fed policy meeting

TOKYO: The dollar gave up some of its recent gains in Asia on Tuesday as investor caution set in ahead of a US central b

Published 16 Sep, 2014 05:17am

Financial

Sri Lanka rupee ends firmer on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee ended firmer on Monday, recovering from the previous session's near-7-week low as remi

Published 15 Sep, 2014 03:30pm

Financial

Ringgit leads Asia FX losses on China economic woes, Fed caution

SINGAPORE: Emerging Asian currencies fell on Monday, led by the Malaysian ringgit, as disappointing China data sparked c

Published 15 Sep, 2014 09:32am

Financial

Sri Lanka rupee firmer on exporter dollar sales, remittances; stocks slip

COLOMBO: The Sri Lankan rupee traded firmer on Monday, recovering from the previous session's near-7-week low as rem

Published 15 Sep, 2014 08:26am

Financial

Dollar steady ahead of US Federal Reserve meeting

SINGAPORE: The US dollar was steady in Asia Monday on speculation that the Federal Reserve will bring forward its timeta

Published 15 Sep, 2014 06:44am

Financial

Australia & NZ dollars hit multi-month lows on China worries

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped to multi-month lows on Monday after a set of disappoin

Published 15 Sep, 2014 06:31am

Financial

South Korean won hits 5 month low on Fed rate bet

SEOUL: The South Korean won fell to a fresh 5-month low on Monday as speculators added long dollar bets amid growing sig

Published 15 Sep, 2014 06:25am

Financial

China's yuan falls vs dollar on weaker-than-expected factory data

SHANGHAI: China's yuan weakened against the dollar on Monday as growth fears deepened after the release of China&#39

Published 15 Sep, 2014 06:17am

Financial

Aussie dollar bears emboldened by China data, others calmer

SYDNEY: The Australian dollar slid to a six-month low on Monday as worries about slower Chinese growth hit a nerve, but

Published 15 Sep, 2014 06:14am

Financial

US dollar steady ahead of US Federal Reserve meeting

SINGAPORE: The US dollar was steady in Asia Monday on speculation that the US Federal Reserve will bring forward its tim

Published 15 Sep, 2014 04:09am

Financial

Sri Lankan rupee little changed from 7-week low

COLOMBO: The Sri Lankan rupee traded nearly unchanged from the 7-week low touched on Thursday as exporter dollar sales a

Published 12 Sep, 2014 08:17am

Financial

Yen slides in Asia after BoJ head meets Japan PM

TOKYO: The yen slid in Asia on Friday as speculation over more Bank of Japan monetary easing gathers pace, while the dol

Published 12 Sep, 2014 07:10am

Financial

Yen slides again in Asia after BoJ head meets Japan PM

TOKYO: The yen slid in Asian trading Friday as speculation over more monetary easing gathers pace, while the dollar won

Published 12 Sep, 2014 04:50am

Financial

Philippine peso NDFs up further after rates hikes; won near 5-week low

SINGAPORE: The Philippine peso extended gains in offshore markets on Thursday after the central bank raised both the ben

Published 11 Sep, 2014 08:55am

Financial

Fed rate hike caution hurts Asia FX sentiment; yuan exception

SINGAPORE: Sentiment on most emerging Asian currencies turned bearish in the last two weeks as caution grew over the pos

Published 11 Sep, 2014 08:39am

Financial

Asia FX edge up; won near 5-week low on catch-up plays

SINGAPORE: Most emerging Asian currencies edged up on Thursday as investors cut bearish bets amid some hopes of more eco

Published 11 Sep, 2014 08:10am

Financial

South Korean won hits 5-week low on post-holiday dollar chase, shares fall

SEOUL: The South Korean won touched a 5-week intraday low on Thursday as investors played catch-up to the dollar followi

Published 11 Sep, 2014 08:01am

Financial

Dollar soars against yen in Asia

TOKYO: The dollar soared to a fresh six-year high in Asia on Thursday, while the pound recovered on easing concerns abou

Published 11 Sep, 2014 07:43am

Financial

Australian dollar jumps after strong jobs data

SYDNEY: The Australian dollar leapt half a US cent on Thursday after a surprisingly strong jobs report led markets to pr

Published 11 Sep, 2014 06:17am

Financial

China's yuan falls slightly on central bank guidance

HONG KONG: China's yuan fell slightly against the dollar on Thursday, guided by a weaker midpoint set by the central

Published 11 Sep, 2014 06:06am

Financial

South Korean won slumps to 1-month low after dollar rally, shares lower

SEOUL: The South Korean won fell to a one-month low on Thursday in its first trading session after a three-day holiday b

Published 11 Sep, 2014 06:05am

Financial

Australia dollar bounces on jobs stunner, NZD hits 7-month low on RBNZ

WELLINGTON/SYDNEY: The Australian dollar bounced from five-month lows on Thursday as startlingly strong jobs data led ma

Published 11 Sep, 2014 06:03am

Financial

Dollar holds gains in Asia

TOKYO: The dollar was steady in Asia Thursday after hitting a six-year high against the yen, while the pound recovered o

Published 11 Sep, 2014 05:06am

Financial

Indian rupee weakens to near 1-month low on Fed worries

MUMBAI: The Indian rupee weakened to its lowest in nearly a month on Wednesday tracking falls in emerging markets due to

Published 10 Sep, 2014 01:04pm

Financial

Philippine peso near 1-month low, yuan bucks Asia FX slide

SINGAPORE: The Philippine peso fell to a near one-month low on Wednesday after export growth slowed, while most emerging

Published 10 Sep, 2014 12:52pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday as importer dollar demand outpaced inward remittances and greenback sale

Published 10 Sep, 2014 11:56am

Financial

Dollar climbs to new 6-year high vs yen, Aussie slumps

TOKYO/SYDNEY: The dollar rose to a new six-year high against the yen on Wednesday, as the Australian dollar nursed a sec

Published 10 Sep, 2014 07:48am

Financial

Dollar touches six-year high against yen in Asia

TOKYO: The dollar pusher higher in Asia on Wednesday to hit a fresh six-year high against the yen, while the pound strug

Published 10 Sep, 2014 07:37am

Financial

Dollar touches six-year high against yen in Asia

TOKYO: The dollar added to recent gains to hit a fresh six-year high against the yen in Asia Wednesday, while the pound

Published 10 Sep, 2014 05:28am

Financial

China's yuan hovers at 6 month highs, central bank sets another strong midpoint

HONG KONG: China's yuan hovered at six-month highs against the dollar on Wednesday after the central bank set a stro

Published 10 Sep, 2014 04:08am

Financial

Australian dollar on the skids; NZ dollar pressured before RBNZ

WELLINGTON/SYDNEY: The Australian dollar tumbled to five-month lows on Wednesday, having been turfed out of its well-def

Published 10 Sep, 2014 03:57am

Financial

Indian rupee sees worst fall in over a month; broad dollar rally hurts

MUMBAI: The Indian rupee saw its biggest single-day decline in more than a month on Tuesday as investors covered short d

Published 09 Sep, 2014 03:23pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended a tad weaker on importer dollar demand Tuesday that outpaced inward remittances and

Published 09 Sep, 2014 11:54am

Financial

Sri Lankan rupee weaker on importer dollar demand; shares at over 3-year high

COLOMBO: The Sri Lankan rupee edged lower on Tuesday as importer dollar demand outpaced inward remittances and greenback

Published 09 Sep, 2014 08:50am

Financial

Australian & NZ dollars stung by stronger USD, bonds skid

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stung by broad US dollar strength on Tuesday as rising US

Published 09 Sep, 2014 06:07am

Financial

China's yuan strengthens to 6-month high after strong PBOC fixing

SHANGHAI: China's yuan strengthened to a six-month high against the dollar on Tuesday after the central bank set a s

Published 09 Sep, 2014 06:05am

Financial

Dollar extends gains in Asia

TOKYO: The dollar extended its gains in Asia Tuesday, hovering around a six-year high against the yen, while the British

Published 09 Sep, 2014 05:27am

Financial

Indian rupee hits over 5-week high; central bank steps in to check gains

MUMBAI: The Indian rupee gained on Monday, hitting a more than five-week high, as the weaker-than-expected U.S. jobs dat

Published 08 Sep, 2014 01:21pm

Financial

India rupee at over 5-week high; weak US jobs data aids

MUMBAI: The Indian rupee strengthened to a more than five-week high on Monday, tracking broad overnight losses in the do

Published 08 Sep, 2014 04:33am

Financial

Dollar, euro in tight range as pound drops

TOKYO: The dollar and euro moved in a narrow range Monday after the European Central Bank's surprise stimulus moves,

Published 08 Sep, 2014 03:53am

Financial

ECB stimulus fails to support Asia FX; US jobs data in focus

SINGAPORE: Most emerging Asian currencies fell on Friday and faced weekly losses as the dollar rose across a broad front

Published 05 Sep, 2014 02:07pm

Financial

Sri Lankan rupee down marginally on importer dollar demand

COLOMBO: The Sri Lankan rupee fell slightly against the dollar on Friday as importer demand for the greenback outpaced i

Published 05 Sep, 2014 02:03pm

Financial

Indian rupee to stagnate on dollar rally; yuan to rise slowly

BANGALORE: The Indian rupee will likely stagnate over the next year as a US dollar rally gathers steam and the Indian ec

Published 05 Sep, 2014 12:54pm

Financial

ECB stimulus fails to support Asia FX ahead of US jobs data

SINGAPORE: Most emerging Asian currencies fell on Friday and faced weekly losses as the dollar rose across a broad front

Published 05 Sep, 2014 12:52pm

Financial

Indonesia's forex reserves rise to $111.2bn by end-August

JAKARTA: Indonesia's foreign exchange reserves rose to $111.2 billion by the end of August from $110.5 billion the p

Published 05 Sep, 2014 12:46pm

Financial

Sri Lankan rupee down marginally on importer dollar demand

COLOMBO: The Sri Lankan rupee fell slightly against the dollar on Friday as importer demand for the greenback outpaced i

Published 05 Sep, 2014 06:27am

Financial

Dollar hits six-year high against yen in Asia

TOKYO: The dollar soared to a near six-year high against the yen Friday on upbeat expectations for US jobs data, while t

Published 05 Sep, 2014 05:46am

Financial

Indian rupee gains; ECB policy meet outcome in focus

MUMBAI: The Indian rupee gained for a second straight session on Thursday as gains in other Asian currencies aided but a

Published 04 Sep, 2014 12:04pm

Financial

Asia FX steadier as caution over ECB policy prevails

SINGAPORE: Most emerging Asian currencies took a breather on Thursday as investors grew more cautious over whether the E

Published 04 Sep, 2014 08:50am

Financial

Sri Lankan rupee falls slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee traded a tad weaker against the dollar on Thursday as importer demand for the greenback ou

Published 04 Sep, 2014 06:47am

Financial

China's yuan at highest level since March, focus on August trade data

SHANGHAI: China's yuan edged up against the dollar on Thursday, hitting its highest level in nearly six months, exte

Published 04 Sep, 2014 06:35am

Financial

Asia FX firm amid caution ahead of ECB policy meeting

SINGAPORE: Most emerging Asian currencies rose on Thursday as the dollar broadly eased, while investors stayed cautious

Published 04 Sep, 2014 06:33am

Financial

Yen ticks up in Asia as BoJ stands pat on policy

TOKYO: The yen ticked up in Asia Thursday after the Bank of Japan refrained from expanding its monetary easing programme

Published 04 Sep, 2014 05:25am

Financial

Euro wary as ECB policy decision looms, BoJ eyed

SYDNEY: The euro clung on to modest gains against the dollar early on Thursday, having pulled up from one-year lows as i

Published 04 Sep, 2014 04:38am

Financial

Australian dollar scales multi-month highs vs yen & pound; NZD off lows

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced off lows versus their US counterpart on Thursday, whil

Published 04 Sep, 2014 04:09am

Financial

Indian rupee hits five-week high; snaps four-day fall

MUMBAI: The Indian rupee hit a five-week high and snapped a four-day losing streak on Wednesday as risk was back in favo

Published 03 Sep, 2014 05:04pm

Financial

Sri Lankan rupee little changed amid inward remittances

COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Wednesday amid inward remittances and selling o

Published 03 Sep, 2014 12:06pm

Financial

Dollar hovers at eight-month yen highs in Asia

TOKYO: The dollar hovered around eight-month highs against the yen in Asia Wednesday, powered by upbeat US manufacturing

Published 03 Sep, 2014 09:36am

Financial

Yen weakens in Asia as BoJ starts policy meeting

TOKYO: The yen extended its slide in Asia on Wednesday as the dollar won support from upbeat US manufacturing data and t

Published 03 Sep, 2014 04:07am

Financial

Dollar index to rise into 83.16-83.373 range

SINGAPORE: The dollar index is expected to rise into a range of 83.16-83.373 in a week, as it has broken a resistance at

Published 02 Sep, 2014 01:25pm

Financial

Sri Lankan rupee ends steady in low trade

COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Tuesday as inward remittances and sales of the

Published 02 Sep, 2014 12:32pm

Financial

Indian rupee sees biggest fall in 3 weeks on broad dollar gains

MUMBAI: The Indian rupee weakened for a fourth consecutive session on Tuesday, dropping the most in three weeks, trackin

Published 02 Sep, 2014 12:31pm

Financial

Strong dollar hurts Asian FX; ringgit, won lead losses

SINGAPORE: The Malaysian ringgit and the South Korean won led losses among emerging Asian currencies on Tuesday as the d

Published 02 Sep, 2014 09:28am

Financial

Sri Lanka rupee steady; seen flat

COLOMBO: The Sri Lankan rupee traded steady against the dollar on Tuesday as inward remittances and sales of the greenba

Published 02 Sep, 2014 06:45am

Financial

Dollar tests 2014 high vs yen, euro stays under pressure

TOKYO/SYDNEY: The dollar took advantage of thin conditions to overcome an options barrier and ascend to its highest leve

Published 02 Sep, 2014 06:38am

Financial

Australian dollar dips on US dollar strength; RBA fails to surprise

WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground versus a broadly stronger US dollar on Tuesda

Published 02 Sep, 2014 06:36am

Financial

Dollar, euro surge against yen in Asian trading

TOKYO: The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepare to m

Published 02 Sep, 2014 06:07am

Financial

China's yuan marginally lower, following central bank guidance

SHANGHAI: China's yuan weakened marginally against the dollar on Tuesday after the central bank set its guidance rat

Published 02 Sep, 2014 05:02am

Financial

Euro sees little reprieve in holiday trade, Aussie eyes rate call

SYDNEY: The euro languished at one-year lows early on Tuesday, following an aimless session overnight with market activi

Published 02 Sep, 2014 04:45am

Financial

Dollar rises above 104.49 yen to hit 7 month high

TOKYO: The dollar hit a seven-month peak against the yen on Tuesday, helped by expectations for further gains for the cu

Published 02 Sep, 2014 04:39am

Financial

Australian dollar cautious ahead of RBA, hits 15 month peak vs yen

WELLINGTON/SYDNEY: The Australian dollar scaled a 15-month peak against the yen on Tuesday, and gave some ground versus

Published 02 Sep, 2014 04:08am

Financial

Indian rupee weakens marginally; ECB meet in focus

MUMBAI: The Indian rupee weakened marginally on Monday in the absence of any fresh domestic triggers, with traders waiti

Published 01 Sep, 2014 04:53pm

Financial

Sri Lanka rupee gains marginally on remittances

COLOMBO: The Sri Lankan rupee ended a tad firmer against the dollar on Monday as inward remittances and sales of the gre

Published 01 Sep, 2014 12:15pm

Financial

Rupiah cuts losses after trade surplus; Asian currencies helped by stocks

SINGAPORE: The rupiah eased on Monday but pared some losses after Indonesia posted a small trade surplus in July and as

Published 01 Sep, 2014 09:07am

Financial

Euro at one-year low against dollar in Asia

TOKYO: The euro struggled at a one-year low against the dollar in Asia on Monday, ahead of a European Central Bank (ECB)

Published 01 Sep, 2014 06:01am

Financial

China's yuan edges up despite weak PMI and midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday, with technical buying helping to offset the impact of sl

Published 01 Sep, 2014 04:58am

Financial

Euro at one-year low against dollar in Asia

TOKYO: The euro struggled at a one-year low against the dollar in Asia on Monday, ahead of a European Central Bank (ECB)

Published 01 Sep, 2014 04:44am

Financial

Euro hamstrung by Ukraine worries, dollar up

SYDNEY: The euro slipped to a fresh one-year low early on Monday as the situation in Ukraine worsened, although a holida

Published 01 Sep, 2014 04:37am

Financial

Australia & NZ dollars hold ground on euro, steady vs USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held hefty gains on a battered euro and marked time against th

Published 01 Sep, 2014 04:16am

Financial

Sri Lanka rupee weakens on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand outpaced exporter greenback sales, while

Published 29 Aug, 2014 02:29pm

Financial

Dollar claws back losses in Asia

TOKYO: The dollar edged up in Asian afternoon trade Friday recovering from losses in the morning that were fanned by fea

Published 29 Aug, 2014 07:07am

Financial

Yen edges higher in Asia on Ukraine tensions

TOKYO: The yen edged up in Asia Friday as growing fears of a possible Russia-Ukraine military conflict offset upbeat US

Published 29 Aug, 2014 04:36am

Financial

Philippine peso retreats, month-end dollar demand hurts Asia FX

SINGAPORE: The Philippine peso turned down after hitting its strongest in more than three weeks on Thursday as most emer

Published 28 Aug, 2014 08:31am

Financial

Dollar slips in Asia ahead of US data

TOKYO: The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarte

Published 28 Aug, 2014 06:24am

Financial

Sri Lanka rupee tad firmer in dull trade; seen steady

COLOMBO: The Sri Lankan rupee was slightly firmer in dull trade on Thursday as exporter dollar sales outpaced importer d

Published 28 Aug, 2014 06:15am

Financial

Australian dollar lifted by investment outlook, kiwi dragged up

WELLINGTON/SYDNEY: The Australian dollar received a boost on Thursday after a better-than-expected outlook for business

Published 28 Aug, 2014 04:27am

Financial

China's yuan almost unchanged after moving in narrow range

SHANGHAI: China's yuan was barely changed against the dollar on Thursday, moving in a narrow range after the central

Published 28 Aug, 2014 04:23am

Financial

Harried euro gets respite ahead of inflation test

SYDNEY/SINGAPORE: The euro inched higher on Thursday and held above a one-year low versus the dollar, getting some respi

Published 28 Aug, 2014 04:15am

Financial

Dollar slips in Asia ahead of US data

TOKYO: The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarte

Published 28 Aug, 2014 03:23am

Financial

Sri Lanka rupee erases early gains, ends steady

COLOMBO: The Sri Lankan rupee ended steady on Wednesday erasing early gains as late importer dollar demand offset export

Published 27 Aug, 2014 12:08pm

Financial

Indian rupee ends flat, but hopes high about foreign flows

MUMBAI: The Indian rupee ended steady on Wednesday as optimism over continued foreign investments in domestic markets wa

Published 27 Aug, 2014 11:58am

Financial

ECB easing talk lifts Asia FX; South Korea intervention spotted

SINGAPORE: Most emerging Asian currencies rose on Wednesday with the South Korean won at a seven-week high as regional s

Published 27 Aug, 2014 09:10am

Financial

Sri Lanka rupee firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee was a tad firmer on Wednesday as exporter dollar sales outpaced importer demand for the gr

Published 27 Aug, 2014 08:20am

Financial

Euro hits fresh lows, Asia shares at highs on ECB buzz

SYDNEY: The euro was cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro

Published 27 Aug, 2014 08:14am

Financial

Australian dollar pops to 10 month peak vs euro, NZ dollar steadier

WELLINGTON/SYDNEY: The Australian dollar popped to a 10-month peak versus a deflated euro on Wednesday, while New Zealan

Published 27 Aug, 2014 06:16am

Financial

Euro weak as dollar stays firm on US confidence

TOKYO: The euro sat around its lowest levels against the dollar in nearly a year in Asia on Wednesday, with investors be

Published 27 Aug, 2014 06:15am

Financial

China's yuan firms against dollar, supported by bullish view

SHANGHAI: China's yuan rose against the dollar for a third straight day on Wednesday bolstered by bullish sentiment

Published 27 Aug, 2014 05:55am

Financial

Euro weak as dollar stays firm on US confidence

TOKYO: The euro sat around its lowest levels against the dollar in nearly a year in Asia on Wednesday, with investors be

Published 27 Aug, 2014 04:23am

Financial

Won leads Asia FX gains amid further ECB easing expectations

SINGAPORE: The South Korean won hit a one-week high on Tuesday, leading gains among emerging Asian currencies on hopes o

Published 26 Aug, 2014 01:02pm

Financial

SWIFT sees Europe gaining in China yuan payments share

SHANGHAI: Europe now represents 10 percent by value of global payments in China's currency, transactions organisatio

Published 26 Aug, 2014 10:08am

Financial

Euro under pressure after weak German data

TOKYO: The euro was stuck around $1.32 in Asia Tuesday after falling to an 11-month low against the dollar on a weak bat

Published 26 Aug, 2014 06:28am

Financial

Sri Lanka rupee edges down on importer demand

COLOMBO: The Sri Lankan rupee traded weaker on Tuesday as importer dollar demand outpaced inward remittances and exporte

Published 26 Aug, 2014 06:19am

Financial

Euro under pressure after weak German data

TOKYO: The euro was stuck below $1.32 in Asia Tuesday after falling to an 11-month low against the dollar in response to

Published 26 Aug, 2014 03:49am

Financial

Indian rupee ends lower after Yellen speech

MUMBAI: The Indian rupee fell on Monday, retreating from a three-week high hit last week, as the dollar gained after U.S

Published 25 Aug, 2014 04:10pm

Financial

Sri Lanka rupee ends steady; seen stable in 2014

COLOMBO: The Sri Lankan rupee ended flat on Monday as mild importer dollar demand helped offset greenback sales from exp

Published 25 Aug, 2014 11:58am

Financial

Rupiah leads Asia FX losses after Jackson Hole; yuan up

SINGAPORE: Most emerging Asian currencies eased on Monday led by the Indonesian rupiah, after US Federal Reserve chief J

Published 25 Aug, 2014 09:12am

Financial

NZ dollar hits 6 month lows vs USD, Aussie rallies against yen & euro

WELLINGTON/SYDNEY: The New Zealand dollar slipped to six-month lows against its broadly stronger US counterpart on Monda

Published 25 Aug, 2014 06:29am

Financial

Dollar in demand as stimulus talk dogs euro, yen

SYDNEY: The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set o

Published 25 Aug, 2014 06:16am

Financial

China's yuan firms slightly after last week's fall

SHANGHAI: China's yuan firmed slightly against the dollar on Monday, with technical buying helping to offset a weake

Published 25 Aug, 2014 06:11am

Financial

Euro stumbles to lowest in almost a year on Draghi dovishness

TOKYO/SYDNEY: The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from

Published 25 Aug, 2014 05:58am

Financial

Dollar firms after Yellen speech

TOKYO: The dollar surged Monday as investors bet on a US rate hike sooner rather than later, following a speech by Feder

Published 25 Aug, 2014 04:34am

Financial

Indian rupee hits 3-week high; gains for third straight week

MUMBAI: The Indian rupee rose on Friday, after earlier hitting a three-week high against the dollar, on continued strong

Published 22 Aug, 2014 03:05pm

Financial

Sri Lanka rupee ends firmer; seen stable for 2014

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday as exporter dollar sales outpaced late importer demand,

Published 22 Aug, 2014 02:59pm

Financial

Australia dollar lifted by gains vs yen & pound, NZD struggles

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced from multi-month lows on Friday as the US dollar rally

Published 22 Aug, 2014 12:53pm

Financial

China's yuan set for biggest weekly loss in two months

HONG KONG: China's yuan is set to post its biggest weekly loss in two months on Friday thanks to a resurgent dollar

Published 22 Aug, 2014 12:51pm

Financial

Rupiah near 1-month high on court election verdict; Asia FX up

SINGAPORE: The rupiah hit a near one-month high on Friday after Indonesia's highest court unanimously upheld last mo

Published 22 Aug, 2014 12:49pm

Financial

Sri Lanka rupee firmer; seen stable on central bank intervention

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday due to exporter dollar sales and the absence of buying f

Published 22 Aug, 2014 12:43pm

Financial

Dollar inches down ahead of Yellen speech

TOKYO: The dollar inched down in Asia Friday as investors awaited a speech by the US Federal Reserve chief for any hint

Published 22 Aug, 2014 07:13am

Financial

Dollar holds up ahead of Yellen speech

TOKYO: The dollar maintained its strength in Asia Friday as investors awaited a speech by the US Federal Reserve chief f

Published 22 Aug, 2014 03:49am

Financial

Sri Lanka rupee steady in sluggish trade after central bank chief comments

COLOMBO: The Sri Lankan rupee traded steady on Thursday in dull trade, a day after the central bank governor said short-

Published 21 Aug, 2014 12:44pm

Financial

Indian rupee snaps 3-day gains on broad dollar rally post Fed minutes

MUMBAI: The Indian rupee weakened slightly on Thursday, snapping a three-day rising streak, as the dollar rallied broadl

Published 21 Aug, 2014 11:55am

Financial

Dollar edges higher in Asia

TOKYO: The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reache

Published 21 Aug, 2014 06:32am

Financial

Australian dollar falls after soft HSBC China PMI survey

SYDNEY: The Australian dollar dropped around half a US cent on Thursday after a soft survey reading of China's manuf

Published 21 Aug, 2014 04:51am

Financial

Dollar surges on hawkish-sounding Fed, Aussie hit by China PMI

SYDNEY/TOKYO: The US dollar traded at 11-month highs against a basket of major currencies early on Thursday, having been

Published 21 Aug, 2014 04:39am

Financial

China's yuan snaps 6-day gaining streak on weak PMI, midpoint

HONG KONG: China's yuan snapped a six-day gaining streak on Thursday after the central bank set a weaker midpoint an

Published 21 Aug, 2014 04:26am

Financial

Dollar edges higher in Asia

TOKYO: The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reache

Published 21 Aug, 2014 03:29am

Financial

Indian rupee hits 3-week high on debt-related dollar inflows

MUMBAI: The Indian rupee rose to a near three-week high against the dollar on Wednesday on the back of strong foreign in

Published 20 Aug, 2014 03:26pm

Financial

Sri Lanka rupee edges down on foreign outflows

COLOMBO: The Sri Lankan rupee fell on Wednesday due to heavy dollar demand from banks to facilitate selling in shares by

Published 20 Aug, 2014 11:55am

Financial

Won, Philippine peso lead Asia FX losses on strong US housing data

SINGAPORE: The South Korean won and the Philippine peso led slides among emerging Asian currencies on Wednesday as the d

Published 20 Aug, 2014 09:53am

Financial

NZ dollar skids to five-month low, Aussie outperforms

WELLINGTON/SYDNEY: The New Zealand dollar tumbled to a five-month low on Wednesday as a key support level gave way in th

Published 20 Aug, 2014 06:46am

Financial

Aussie dollar bears in hibernation until Fed calls

SYDNEY: It is not often the biggest bear on a currency is its own central bank, yet the Reserve Bank of Australia has be

Published 20 Aug, 2014 06:43am

Financial

Won leads Asia FX slides on strong US housing data

SINGAPORE: The South Korean won led losses among emerging Asian currencies on Wednesday as the dollar hit an 11-month hi

Published 20 Aug, 2014 06:39am

Financial

Dollar rises in Asia on upbeat US data

TOKYO: The dollar extended its gains in Asia Wednesday after an encouraging surge in US housing construction boosted opt

Published 20 Aug, 2014 06:27am

Financial

South Korea won falls on dollar strength, shares flat

SEOUL: The South Korean won fell on Wednesday after strong U.S housing data propelled the dollar higher against a broad

Published 20 Aug, 2014 06:27am

Financial

Dollar extends rise vs yen in wake of solid US housing data

SINGAPORE: The dollar hit a four-month high versus the yen on Wednesday after strong US housing data the previous day ad

Published 20 Aug, 2014 04:43am

Financial

China's yuan snaps 5-day rising streak on weaker midpoint

HONG KONG: China's yuan broke a five-day rising streak against the dollar on Wednesday after the central bank set th

Published 20 Aug, 2014 04:42am

Financial

Indian rupee gains slightly on bunched up dollar inflows

MUMBAI: The Indian rupee strengthened slightly on Tuesday on bunched up dollar inflows after a four-day weekend and as s

Published 19 Aug, 2014 04:32pm

Financial

Sri Lanka rupee firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as exporter dollar sales outpaced importer demand for the greenbac

Published 19 Aug, 2014 04:30pm

Financial

Kiwi dips, jury out on US dollar rally

WARSAW: The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growt

Published 19 Aug, 2014 12:43pm

Financial

Sri Lanka rupee firm on exporter dollar sales

COLOMBO: The Sri Lankan rupee gained against the US dollar on Tuesday as exporter dollar sales outpaced importer demand

Published 19 Aug, 2014 12:37pm

Financial

Dollar firm in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors l

Published 19 Aug, 2014 06:25am

Financial

Dollar firm in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors l

Published 19 Aug, 2014 05:06am

Financial

Won hits 5-week high, Asia FX steady on Jackson Hole caution

SINGAPORE: The South Korean won hit a five-week high on Monday, while most emerging Asian currencies barely changed amid

Published 18 Aug, 2014 12:34pm

Financial

Sri Lanka rupee edges up on remittance inflow

COLOMBO: The Sri Lankan rupee rose on Monday as inward remittances and dollar sales by exporters outpaced importer deman

Published 18 Aug, 2014 11:49am

Financial

Sri Lanka rupee edges up on remittance inflow

COLOMBO: The Sri Lankan rupee rose against the US currency on Monday as inward remittances and dollar sales by exporters

Published 18 Aug, 2014 08:01am

Financial

Dollar starts week under pressure, markets eye Jackson Hole

TOKYO/SYDNEY: The dollar edged down against a basket of currencies on Monday, as US Treasury yields wallowed close to 16

Published 18 Aug, 2014 06:34am

Financial

South Korean won hits 5-week high, shares fall slightly

SEOUL: The South Korean won hit a 5-week intraday high on Monday, as exporters sold dollars after stock markets around t

Published 18 Aug, 2014 06:20am

Financial

Yen ticks up in Asia amid Ukraine tensions

TOKYO: The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, wh

Published 18 Aug, 2014 06:05am

Financial

China yuan's steadies at 5-month highs after stronger fix

HONG KONG: China's yuan held at five-month highs on Monday after the central bank signaled it was comfortable with t

Published 18 Aug, 2014 05:45am

Financial

Australia & NZ dollars curbed by stiff resistance, Ukraine woes

WELLINGTON/SYDNEY: The Australian and New Zealand dollars drifted sideways on Monday, with broader progress capped by ch

Published 18 Aug, 2014 05:42am

Financial

South Korean won sets 5-week high, shares hit by profit-taking

SEOUL: The South Korean won rose to a 5-week high on dollar selling by exporters after Wall Street's recovery from t

Published 18 Aug, 2014 05:40am

Financial

Yen ticks up in Asia amid Ukraine tensions

TOKYO: The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, wh

Published 18 Aug, 2014 04:45am

Financial

Sri Lanka rupee edges up on exporter dollar sales after rate decision

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday in dull trade as exporter sales of the greenback outpace

Published 15 Aug, 2014 02:33pm

Financial

Ringgit near 10 month high on Q2 growth, stimulus hopes support Asia FX

SINGAPORE: The Malaysian ringgit rose to a near 10-month high after data showed stronger-than-expected second quarter ec

Published 15 Aug, 2014 02:31pm

Financial

Yuan firms for 4th week, crosses 200-day moving average

SHANGHAI: China's yuan rose for the fourth straight week despite data that painted a mixed picture of economic condi

Published 15 Aug, 2014 02:24pm

Financial

Dollar steady after Russia calls for end to Ukraine crisis

TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladi

Published 15 Aug, 2014 06:39am

Financial

Dollar steady after Russia calls for end to Ukraine crisis

TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladi

Published 15 Aug, 2014 05:50am

Financial

Indian rupee posts best daily gain in 3 months

MUMBAI: The Indian rupee rallied on Monday to close above 60 per dollar after its best daily gain since the national ele

Published 14 Aug, 2014 12:14pm

Financial

Won at 1-month high despite rate cut; Asia FX firm

SINGAPORE: The won hit a near one-month high on Thursday, leading gains among emerging Asian currencies, as investors co

Published 14 Aug, 2014 10:40am

Financial

Euro mixed in Asia ahead of eurozone growth data

TOKYO: The euro was mixed in Asia Thursday as investors awaited second-quarter eurozone growth figures.In afternoon Toky

Published 14 Aug, 2014 08:01am

Financial

Australian & NZ dollars jump on sterling, bonds underpinned

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held on to hefty gains against sterling on Thursday after enjo

Published 14 Aug, 2014 06:07am

Financial

Won leads Asia FX gains despite South Korea central bank rate cut

SINGAPORE: The won hit a two-week high on Thursday, leading gains among emerging Asian currencies, as a widely expected

Published 14 Aug, 2014 05:37am

Financial

Indian rupee falls on IIP, CPI disappointment

MUMBAI: The Indian rupee fell on Wednesday after higher-than-expected consumer inflation and dull June industrial output

Published 13 Aug, 2014 04:05pm

Financial

Japan pension fund review could set yen on slippery slope

SYDNEY: The yen's steadiness against the U.S. dollar this year could be nearing its end, with Japan's currency l

Published 13 Aug, 2014 01:14pm

Financial

Sri Lanka rupee near 2-week low on importer, bank dollar demand

COLOMBO: The Sri Lankan rupee edged down to near two-week lows on Wednesday as dollar demand from importers and banks pi

Published 13 Aug, 2014 12:50pm

Financial

Won down before central bank meeting; Asia FX weaker on China data, Ukraine

SINGAPORE: The South Korean won fell on Wednesday as the central bank is expected to cut interest rates this week while

Published 13 Aug, 2014 12:41pm

Financial

Dollar firms in Asia amid thin trade

TOKYO: The dollar firmed against major currencies in Asian trade on Wednesday, but its movement was limited because many

Published 13 Aug, 2014 06:42am

Financial

Dollar firms in Asia amid thin trade

TOKYO: The dollar firmed against major currencies in Asian trade on Wednesday, with its movements limited as many trader

Published 13 Aug, 2014 04:29am

Financial

Won leads Asia FX gains, South Korea eases stock movement rules

SINGAPORE: The won led gains among emerging Asian currencies on Tuesday on easing geopolitical concerns and as South Kor

Published 12 Aug, 2014 08:39am

Financial

Dollar extends gains in Asia

TOKYO: The dollar extended its gains on Tuesday, recovering from a sharp fall last week fuelled by Washington's anno

Published 12 Aug, 2014 06:53am

Financial

Australian & NZ dollars uninspired, investor mood cautious

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were looking for inspiration on Tuesday, hovering near recent

Published 12 Aug, 2014 04:39am

Financial

Dollar stalls as geopolitical storm quietens

SYDNEY: The US dollar started trade in Asia on Tuesday in familiar territory, holding flat after a listless session over

Published 12 Aug, 2014 04:36am

Financial

Sri Lanka rupee up on inflows; state banks limit rise

COLOMBO: The Sri Lankan rupee traded a tad firmer on Monday and hit a four-week high on inflows from exports and remitta

Published 11 Aug, 2014 12:47pm

Financial

Yuan near 5-month high, Asia FX up on reduced Ukraine tensions

SINGAPORE: The Chinese yuan hit a near five-month high on Monday and most other emerging Asian currencies also strengthe

Published 11 Aug, 2014 12:36pm

Financial

Australian & NZ dollars recover from lows as risk appetite improves

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were off lows on Monday, as appetite for risk grew following a

Published 11 Aug, 2014 07:44am

Financial

Yen off highs as geopolitical tensions ease, sentiment fragile

SYDNEY/SINGAPORE: The yen eased versus the dollar on Monday, having backed off from peaks hit late last week as a slight

Published 11 Aug, 2014 07:43am

Financial

Dollar bounces back in Asia

TOKYO: The dollar rallied against the yen and euro on Monday after the unit plunged in the wake of last week's annou

Published 11 Aug, 2014 06:20am

Financial

Dollar steady in Asia trade

TOKYO: The dollar stabilised Monday morning, following a sharp drop against the yen after last week's announcement t

Published 11 Aug, 2014 05:22am

Financial

Yen surges in Asia on Iraq concerns

TOKYO: The yen soared in Asia Friday as US President Barack Obama's announcement that he had authorised US air strik

Published 08 Aug, 2014 06:17am

Financial

Dollar falters as Iraq air strike order saps risk appetite

TOKYO: The dollar slipped against the safe haven yen on Friday after news that U.S. President Barack Obama had authorise

Published 08 Aug, 2014 06:03am

Financial

Australian, New Zealand dollar hit by risk aversion

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were on the defensive on Friday, while bonds rallied sharply a

Published 08 Aug, 2014 05:56am

Financial

Indian rupee hits 5-month low at open; RBI watched

MUMBAI: The Indian rupee dropped to its weakest level in five months on Friday morning, weighed down by geo-political te

Published 08 Aug, 2014 05:47am

Financial

China's yuan set for 3rd weekly gain as trade surplus surges

HONG KONG: The Chinese yuan appeared set to register its third consecutive week of gains as the central bank signaled it

Published 08 Aug, 2014 05:45am

Financial

US stand on Iraq weakens Asia FX, China trade data supports

SINGAPORE: Most emerging Asian currencies fell on Friday to see weekly losses as US President Barack Obama's authori

Published 08 Aug, 2014 05:26am

Financial

South Korean won dragged down by weak Aussie jobs data, shares drop

SEOUL: The South Korean won eased on Thursday after surprisingly dismal Australian jobs data hurt sentiment for risky as

Published 07 Aug, 2014 06:27am

Financial

Euro edges up in Asia ahead of central bank meetings

TOKYO: The euro edged up in Asia on Thursday ahead of a slate of central bank meetings as investors focus on whether Eur

Published 07 Aug, 2014 05:56am

Financial

Euro edges up in Asia ahead of central bank meetings

TOKYO: The euro edged up in Asia Thursday ahead of a slate of central bank meetings as investors focus on whether Europe

Published 07 Aug, 2014 05:38am

Financial

Australian dollar slides as jump in unemployment sparks rate cut talk

WELLINGTON/SYDNEY: The Australia dollar tumbled on Thursday after a surprisingly weak jobs report cast doubt on market p

Published 07 Aug, 2014 05:11am

Financial

Euro steady ahead of ECB; Aussie slides on weak jobs data

SINGAPORE/SYDNEY: The euro held steady above a nine-month low on Thursday ahead of a policy review by the European Centr

Published 07 Aug, 2014 04:54am

Financial

China's yuan opens, trades above fix for first time in 5 months

SHANGHAI: China's yuan firmed against the dollar for the fourth straight day on Thursday, opening and trading strong

Published 07 Aug, 2014 04:52am

Financial

Yuan jumps; US data, Ukraine tensions hurt Asia FX

SINGAPORE: The Chinese yuan hit a 4-1/2-month high on Wednesday, crossing the central bank's daily midpoint for the

Published 06 Aug, 2014 01:04pm

Financial

Sri Lanka rupee ends firmer; state banks curb gains

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday on inflows from exporter dollar sales and inward remittances, wh

Published 06 Aug, 2014 11:56am

Financial

Indian rupee posts biggest single-day fall in 6-1/2 months

MUMBAI: The Indian rupee posted its biggest single-day fall in six-and-half months on Wednesday as heavy dollar outflows

Published 06 Aug, 2014 11:54am

Financial

China's yuan firms past guidance rate for first time since March

HONG KONG/SHANGHAI: China's currency crossed the central bank's daily midpoint for the first time since March on

Published 06 Aug, 2014 07:44am

Financial

Sri Lanka rupee firmer; state banks curb gains

COLOMBO: The Sri Lankan rupee traded firmer on Wednesday on inflows from exporter dollar sales and inward remittances, w

Published 06 Aug, 2014 07:28am

Financial

Euro stays near eight-month low in Asia

TOKYO: The euro was hovering near an eight-month low against the dollar in Asia on Wednesday on speculation that the Eur

Published 06 Aug, 2014 06:28am

Financial

South Korean won falters on firm US dollar, stocks down

SEOUL: The South Korean won dropped on Wednesday as risk aversion stemming from escalating geopolitical tensions in Ukra

Published 06 Aug, 2014 06:20am

Financial

Indian rupee extends fall to 4-1/2-month low tracking broad dollar rise

MUMBAI: The Indian rupee extended falls to a four-and-half month low on Wednesday morning as broad gains in the dollar v

Published 06 Aug, 2014 05:54am

Financial

China's yuan hits 4-1/2-month high, spot rate set to cross midpoint

SHANGHAI: China's yuan firmed against the dollar for the third straight day on Wednesday, trading at its highest lev

Published 06 Aug, 2014 05:52am

Financial

Dollar regains momentum on upbeat data, euro skids

SYDNEY: The dollar held near an 11-month high against a basket of major currencies early on Wednesday, having got a seco

Published 06 Aug, 2014 04:30am

Financial

South Korea won drops on firm dollar, Ukraine tensions; stocks slip

SEOUL: The South Korean won fell early on Wednesday, stung by a strong US dollar while reports that Russian troops were

Published 06 Aug, 2014 04:14am

Financial

New Zealand dollar soured by sliding dairy prices, Aussie pressured

WELLINGTON/SYDNEY: The New Zealand dollar skidded to two-month lows on Wednesday following another decline in dairy pric

Published 06 Aug, 2014 04:10am

Financial

China 7-year finance ministry bonds yield at 4.1328pc, within forecasts

SHANGHAI: China's Ministry of Finance auctioned 28 billion yuan ($4.5 billion) of seven-year bonds in the interbank

Published 06 Aug, 2014 03:47am

Financial

Euro stays near eight-month low in Asia

TOKYO: The euro was hovering near an eight-month low against the dollar in Asia on Wednesday on speculation that the Eur

Published 06 Aug, 2014 03:40am

Financial

Sri Lanka rupee edges up on inflows; shares slip from near 3-year high

COLOMBO: The Sri Lankan rupee traded firmer on Tuesday on inflows from exporter dollar sales and inward remittances, wit

Published 05 Aug, 2014 08:31am

Financial

Australian dollar holds firm after no surprises from RBA

WELLINGTON/SYDNEY: The Australian dollar held its ground on Tuesday after the Reserve Bank of Australia's (RBA) said

Published 05 Aug, 2014 06:25am

Financial

Dollar steady below 10-month highs as rally pauses

SYDNEY/SINGAPORE: The dollar was stuck below a 10-1/2 month peak against a basket of currencies on Tuesday, taking a bre

Published 05 Aug, 2014 06:16am

Financial

Euro weak ahead of ECB meeting

TOKYO: The euro stayed weak against the dollar in Asia on Tuesday as investors awaited eurozone data and a monthly polic

Published 05 Aug, 2014 05:52am

Financial

South Korea won gains for 2nd session with RBA in focus; stocks down

SEOUL: The South Korean won firmed for a second session early on Tuesday, as dollar momentum cooled and investors warmed

Published 05 Aug, 2014 05:38am

Financial

Australian dollar cautious ahead of RBA, NZ dollar steady

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were marking time on Tuesday, with markets awaiting the outcome

Published 05 Aug, 2014 05:15am

Financial

Asia stocks slip as China service data sours mood

TOKYO: Asian stocks slipped on Tuesday after a survey showed China's services sector growth fell to a record low, po

Published 05 Aug, 2014 05:05am

Financial

China's yuan firms slightly despite flat midpoint fix

SHANGHAI: China's yuan rose slightly against the dollar for the second straight day on Tuesday despite a flat midpoi

Published 05 Aug, 2014 04:37am

Financial

Euro weak ahead of ECB meeting

TOKYO: The euro stayed weak against the dollar in Asia on Tuesday as investors awaited eurozone data and a monthly polic

Published 05 Aug, 2014 03:58am

Financial

Dollar index to rise to 81.854

SINGAPORE: The dollar index may rise further to 81.854 in a week, driven by a wave c.This is the third wave of a three-w

Published 04 Aug, 2014 12:52pm

Financial

Sri Lanka rupee steady amid upward pressure; stx near 3-year high

COLOMBO: The Sri Lankan rupee traded steady on Monday in dull trade as exporter dollar sales and inward remittances offs

Published 04 Aug, 2014 07:18am

Financial

South Korea won gains after dollar falters on US jobs data, stocks ease

SEOUL: The South Korean won rebounded from a three-month low on Monday as the dollar was pressured by US job growth data

Published 04 Aug, 2014 06:00am

Financial

Dollar off to pedestrian start in August after stellar July

SYDNEY/TOKYO: The US dollar got off to a quiet start on Monday, having suffered its biggest one-day fall in nearly a mon

Published 04 Aug, 2014 05:57am

Financial

Australia & NZ dollars off recent lows, retail sales help

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were firm on Monday as their US counterpart was undermined by j

Published 04 Aug, 2014 05:43am

Financial

China's yuan dips on dollar, pulls away from 4-1/2-month highs

HONG KONG: China's yuan weakened slightly against the dollar on Monday even after the central bank set the official

Published 04 Aug, 2014 05:37am

Financial

Euro slips in Asia on Portugal bank bailout

TOKYO: The euro slipped against the dollar in Asia on Monday following news of a bailout for a crisis-hit Portuguese ban

Published 04 Aug, 2014 05:16am

Financial

Euro slips in Asia on European concern

TOKYO: The euro slipped in Asia Monday following news of a bailout for a crisis-hit Portuguese bank, while the dollar he

Published 04 Aug, 2014 04:13am

Financial

Sri Lanka rupee ends little changed; seen gaining further

COLOMBO: The Sri Lankan rupee ended little changed on Friday, but dealers expect the currency to strengthen further due

Published 01 Aug, 2014 02:06pm

Financial

Indian rupee posts biggest weekly loss since record lows in Aug

MUMBAI: The Indian rupee posted its biggest weekly fall since record low levels in August last year as the rally in the

Published 01 Aug, 2014 02:01pm

Financial

Dollar holds firm ahead of jobs data

TOKYO: The dollar inched up against other major currencies in Asia on Friday as market players expected upcoming US jobs

Published 01 Aug, 2014 12:21pm

Financial

Sri Lanka rupee ends steady on state banks' dollar buying

COLOMBO: The Sri Lankan rupee closed steady on Thursday as dollar-buying by two state banks prevented sharp gains in the

Published 31 Jul, 2014 12:14pm

Financial

Dollar shines, US yields surge on upbeat US data

TOKYO: The dollar stayed strong and US bond yields held firm on Thursday after data showed solid US economic growth, eve

Published 31 Jul, 2014 07:42am

Financial

Australia & NZ dollars struggle after sliding on strong US data

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were languishing near two-month lows on Thursday after strong g

Published 31 Jul, 2014 07:37am

Financial

China's yuan dips on central bank guidance

SHANGHAI: China's yuan weakened against the dollar on Thursday after the central bank set the daily midpoint at its

Published 31 Jul, 2014 07:16am

Financial

Dollar dips after Wall Street rally

TOKYO: The dollar edged lower against the yen in Asia Thursday after surging to a near four-month high in US trade in re

Published 31 Jul, 2014 05:48am

Financial

Dollar flat in Asia ahead of key data, Fed meeting

TOKYO: The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look

Published 28 Jul, 2014 07:29am

Financial

China's yuan rises as positive economic data offsets weak midpoint

SHANGHAI: China's yuan strengthened against the dollar on Monday, as better-than-expected economic data offset a wea

Published 28 Jul, 2014 04:31am

Financial

Dollar flat in Asia ahead of key data, Fed meeting

TOKYO: The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look

Published 28 Jul, 2014 03:57am

Financial

Market takes a shine to the dollar, shuns euro

SYDNEY: The US dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto so

Published 28 Jul, 2014 03:38am

Financial

NZ dollar plumbs 6-week lows, weighs on Australian dollar

WELLINGTON/SYDNEY: The New Zealand dollar fell to six-week lows and weighed on the Australian dollar on Monday, with mar

Published 28 Jul, 2014 03:31am

Financial

Indian rupee edges up but snaps two-week gaining streak

MUMBAI: The Indian rupee ended marginally higher on Friday, as heavy dollar demand from importers to meet month-end comm

Published 25 Jul, 2014 12:00pm

Financial

Euro digs in after rebounding from lows

TOKYO: The euro held firm against the dollar and yen on Friday after bouncing back from multi-month lows in the previous

Published 25 Jul, 2014 10:09am

Financial

Euro stands firm after rebounding from lows

TOKYO: The euro dug in against the dollar and yen on Friday after bouncing back from multi-month lows in the previous se

Published 25 Jul, 2014 05:17am

Financial

Sri Lankan rupee steady at 1-week high; stocks edge up

COLOMBO: The Sri Lankan rupee traded flat on Thursday as exporter dollar sales offset importer demand, a day after the t

Published 24 Jul, 2014 11:20am

Financial

Asian currencies slip on profit-taking, won dented by weak GDP

SINGAPORE: Asian currencies slipped on Thursday as investors booked profits after a recent rally, while the won fell as

Published 24 Jul, 2014 10:59am

Financial

Dollar steady in Asian trade

TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat

Published 24 Jul, 2014 08:23am

Financial

Dollar steady in Asian trade

TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat

Published 24 Jul, 2014 06:28am

Financial

South Korea won dips as GDP data reinforces rate cut view

SEOUL: The South Korean won fell on Thursday, headed for its worst day in more than a week, as second-quarter economic g

Published 24 Jul, 2014 04:40am

Financial

China's yuan climbs to over 3-month high as economy picks up

HONG KONG: China's yuan raced to its highest in more than three months on Thursday after solid manufacturing activit

Published 24 Jul, 2014 04:39am

Financial

Australian dollar jumps after upbeat China PMI survey

SYDNEY: The Australian dollar hit a three-week high on Thursday after a closely watched survey showed activity in China&

Published 24 Jul, 2014 03:40am

Financial

Kiwi sinks as central bank signals rate halt, China PMI lifts Aussie

TOKYO/SYDNEY: The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched

Published 24 Jul, 2014 03:28am

Financial

Rupiah hits 2-month peak after Jokowi wins presidential election

SINGAPORE: The Indonesian rupiah rose to its highest level in two months on Wednesday after Joko "Jokowi" Widodo was dec

Published 23 Jul, 2014 11:12am

Financial

Euro at multi-year lows against dollar, yen

TOKYO: The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on t

Published 23 Jul, 2014 07:18am

Financial

Euro at multi-year lows against dollar, yen

TOKYO: The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on t

Published 23 Jul, 2014 06:25am

Financial

China's yuan rises to two-week high as outlook firms

HONG KONG: China's yuan rose to a two-week high on Wednesday in spite of a weaker midpoint, as the outlook on the cu

Published 23 Jul, 2014 05:50am

Financial

Rupiah scales 2-month high after Jokowi wins presidential election

SINGAPORE: The Indonesian rupiah set a two-month high on Wednesday, rallying after Joko "Jokowi" Widodo was declared the

Published 23 Jul, 2014 05:48am

Financial

Euro finally gives in, Aussie eyes CPI test

SYDNEY: The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lo

Published 23 Jul, 2014 04:03am

Financial

Australian dollar rises after inflation data

WELLINGTON: The Australian dollar gained more than a quarter of a cent on Wednesday after inflation data came in stronge

Published 23 Jul, 2014 03:53am

Financial

South Korea won gains on offshore inflows, Q2 GDP eyed

SEOUL: The South Korean won rose for a third session early on Wednesday but most investors were in a cautious mood ahead

Published 23 Jul, 2014 03:45am

Financial

Sri Lanka rupee steady near 3-week low; seen facing downward pressure

COLOMBO: The Sri Lankan rupee traded steady near its three-week low on Tuesday in dull trade, but dealers said the curre

Published 22 Jul, 2014 11:25am

Financial

Aussie ticks higher, yen eases back

LONDON: The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country&#39

Published 22 Jul, 2014 11:12am

Financial

Rupiah gives up gains in choppy trade; baht hits 8-month high

SINGAPORE: The Indonesian rupiah shed its earlier gains in volatile trading ahead of an announcement to declare the winn

Published 22 Jul, 2014 10:49am

Financial

Yen dips as stocks rally and Ukraine tensions ease

TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 ease

Published 22 Jul, 2014 07:45am

Financial

Yen dips as stocks rally and Ukraine tensions ease

TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 ease

Published 22 Jul, 2014 04:56am

Financial

South Korea won rises, stocks touch a 2014 peak before ending flat

SEOUL: The South Korean won edged up on Monday as foreign investors sold dollars as worry about global geopolitical tens

Published 21 Jul, 2014 11:17am

Financial

Asian currencies rise, baht hits 7-month high, but traders remain cautious

SINGAPORE: Most Asian currencies rose on Monday, with the Thai baht touching a seven-month high, as investor risk aversi

Published 21 Jul, 2014 11:06am

Financial

Sri Lanka sees $307mn govt securities outflow; central bank says no impact on rupee

COLOMBO: Offshore investors sold 40 billion rupees ($307.13 million) worth of Sri Lankan government securities last week

Published 21 Jul, 2014 10:55am

Financial

Sri Lanka rupee weaker on importer dollar demand; stocks up

COLOMBO: The Sri Lanka rupee fell on Monday due to importer dollar demand, and dealers said the currency could face some

Published 21 Jul, 2014 10:54am

Financial

Yen advances in Asian trade

SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopoli

Published 21 Jul, 2014 06:50am

Financial

Euro stays afloat in tentative trade amid geopolitical concerns

SYDNEY: The euro regained more ground on the dollar in Asia on Monday, having rebounded from a five-month trough, but tr

Published 21 Jul, 2014 05:31am

Financial

Yen advances in Asian trade

SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopoli

Published 21 Jul, 2014 04:15am

Financial

Australia, NZ dollars keep low profile as local events eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stuck in a holding pattern on Monday with a holiday in Ja

Published 21 Jul, 2014 03:30am

Financial

Indian rupee falls as global risk aversion rises

MUMBAI: The Indian rupee fell to its weakest in a month against the dollar, tracking lower emerging market assets after

Published 18 Jul, 2014 12:08pm

Financial

Dollar up after New York losses fuelled by plane tragedy

TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had cra

Published 18 Jul, 2014 06:42am

Financial

Dollar up after New York losses fuelled by plane tragedy

TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had cra

Published 18 Jul, 2014 05:34am

Financial

Rupiah eases but above recent low; most Asian units rise

SINGAPORE: Most emerging Asian currencies rose on Thursday, while the Indonesian rupiah held above a one-week low ahead

Published 17 Jul, 2014 10:44am

Financial

Bullish bets on won slashed, rupiah bets turn bullish

SINGAPORE: Investors sharply reduced their bullish bets on the South Korean won over the last two weeks, while turning s

Published 17 Jul, 2014 10:21am

Financial

Dollar recedes in Asia after recent pick-up

TOKYO: The dollar retreated in Asia Thursday after rallying in the previous session in response to an upbeat US Federal

Published 17 Jul, 2014 05:15am

Financial

NZ dollar pinned at 3-week low, Aussie proves more resilient

WELLINGTON/SYDNEY: The Australian dollar was holding steady on Thursday having rebounded from two-week lows, proving mor

Published 17 Jul, 2014 03:59am

Financial

Euro hits the skids as sterling flies

SYDNEY: The euro wallowed at five-month lows against the yen on Thursday and held near a two-year trough on sterling, ha

Published 17 Jul, 2014 03:24am

Financial

Sri Lanka rupee steady at over 1-year high; stx at over 33-month high

COLOMBO: The Sri Lankan rupee traded steady on Wednesday at its highest in more than a year as inflows from remittances

Published 16 Jul, 2014 11:23am

Financial

Won and ringgit slip as dollar stays firm after Yellen

SINGAPORE: The South Korean won and the Malaysian ringgit sagged on Wednesday as the dollar managed to hold firm after U

Published 16 Jul, 2014 11:12am

Financial

Dollar rises in Asia on Fed chief rate comments

TOKYO: The dollar rose in Asia on Wednesday as the head of the US Federal Reserve indicated that interest rates could ri

Published 16 Jul, 2014 05:38am

Financial

Yuan edges up after China posts slightly stronger-than-expected Q2 growth

SHANGHAI: The yuan edged up against the dollar on Wednesday after China's economic growth for the second quarter cam

Published 16 Jul, 2014 04:56am

Financial

South Korean won falls to near 2-1/2 month low, stocks steady

SEOUL: The South Korean won fell early on Wednesday after comments from the country's finance minister and central b

Published 16 Jul, 2014 04:00am

Financial

New Zealand dollar slips on benign inflation data

SYDNEY: The New Zealand dollar shed nearly half a US cent on Wednesday after local inflation data came in softer than ex

Published 16 Jul, 2014 03:23am

Financial

Dollar bulls hear hawkish hint from Yellen, inflation lifts sterling

SYDNEY: The dollar clung to modest gains early on Wednesday after bulls latched onto a comment by the head of the Federa

Published 16 Jul, 2014 03:20am

Financial

Dollar, euro hold gains against yen after BoJ meeting

TOKYO: The dollar and euro maintained recent gains against the yen on Tuesday after the Bank of Japan held off expanding

Published 15 Jul, 2014 08:03am

Financial

Sri Lanka rupee hits over 1-year high; stocks at 33-month peak

COLOMBO: The Sri Lankan rupee climbed to its highest in more than a year on Tuesday, as inflows from remittances and exp

Published 15 Jul, 2014 07:22am

Financial

Asian currencies retreat vs dollar ahead of Yellen's testimony

SINGAPORE: Asian currencies fell back against the dollar on Tuesday after a strong run as some players squared positions

Published 15 Jul, 2014 07:19am

Financial

Yuan falls on corporate dollar demand, economic data has no impact

SHANGHAI: China's yuan fell slightly against the dollar for the second day on Tuesday, pushed down by corporate dema

Published 15 Jul, 2014 05:40am

Financial

South Korea won drops more than 1pc as foreigners sell ahead of Yellen

SEOUL: The South Korean won dropped by more than 1 percent against the dollar on Tuesday, weighed down by offshore inves

Published 15 Jul, 2014 05:35am

Financial

Australian, NZ dollars on a tight leash ahead of data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were mostly steady on Tuesday with the kiwi hunkering down nea

Published 15 Jul, 2014 04:21am

Financial

Dollar edges up on yen after Bank of Japan trims GDP forecast

TOKYO: The dollar edged up against the yen on Tuesday after the Bank of Japan tweaked its growth forecast lower, althoug

Published 15 Jul, 2014 04:14am

Financial

Dollar on ice as markets await Yellen's testimony

TOKYO: The dollar remained frozen in recent ranges in Asia on Tuesday, as investors awaited Federal Reserve Chair Janet

Published 15 Jul, 2014 03:31am

Financial

South Korean won falls ahead of Yellen testimony, stocks rise

SEOUL: The South Korean won fell on Tuesday as foreigners bought dollars ahead of a closely watched testimony by Federal

Published 15 Jul, 2014 03:11am

Financial

Asian currencies mostly firmer; rupiah falters

SINGAPORE: Emerging Asian currencies mostly inched higher on Monday, stabilising after taking a fall late last week, as

Published 14 Jul, 2014 10:49am

Financial

Yen weakens in Asia as Bank of Japan starts meeting

TOKYO: The yen weakened in Asian trade Monday as the Bank of Japan kicked off a two-day policy meeting, with investors a

Published 14 Jul, 2014 07:33am

Financial

Yuan falls on corporate dollar demand, seen capped at 6.2/dollar for now

SHANGHAI: China's yuan fell against the dollar on Monday as companies tended to buy dollars in anticipation that the

Published 14 Jul, 2014 05:49am

Financial

Australian, NZ dollars seek fresh cues in event-filled week

WELLINGTON/SYDNEY: The Australian and New Zealand dollars marked time on Monday, mirroring a generally aimless currency

Published 14 Jul, 2014 04:34am

Financial

South Korean won edges up as Yellen remarks awaited

SEOUL: The South Korean won edged up against the US dollar on Monday morning as Portugal's bank fears ebbed and corp

Published 14 Jul, 2014 04:30am

Financial

Dollar stable as market fears about Portugal ebb

NEW YORK: The US dollar was stable against the yen and the euro on Friday as Portugal's largest bank sought to reass

Published 11 Jul, 2014 03:58pm

Financial

Won leads Asian losses on Portugal; peso down as central bank cuts c/a estimate

SEOUL: The South Korean won led losses among emerging Asian currencies on Friday, and most regional units were set to sh

Published 11 Jul, 2014 12:35pm

Financial

Sri Lanka rupee rises to over 1 year high; state banks limit gain

COLOMBO: The Sri Lankan rupee ended at its highest in more than a year on Friday due to inflows from remittances and exp

Published 11 Jul, 2014 11:35am

Financial

Euro dips in Asia on Portuguese bank woes

TOKYO: Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's

Published 11 Jul, 2014 06:24am

Financial

Euro dips in Asia on Portuguese bank woes

TOKYO: Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's

Published 11 Jul, 2014 05:18am

Financial

Sri Lanka rupee steady at over 1-year high; stocks hit 33-month high

COLOMBO: The Sri Lankan rupee was steady at its more than one-year high on Thursday as inflows from remittances and expo

Published 10 Jul, 2014 11:22am

Financial

Rupiah off 7-week high on vote uncertainty; ringgit weaker before central bank decision

SEOUL: The Indonesian rupiah hit a seven-week high on Thursday, in tandem with firmer local stocks and bond prices, but

Published 10 Jul, 2014 11:03am

Financial

Dollar weakens in Asia after Fed minutes

TOKYO: The dollar eased in Asia Thursday as minutes from the Federal Reserve's June meeting suggested interest rates

Published 10 Jul, 2014 06:00am

Financial

Sri Lanka rupee tad firmer on dollar inflows; gains curbed

COLOMBO: The Sri Lankan rupee traded firmer on Wednesday due to inflows from remittances and exporter dollar sales amid

Published 09 Jul, 2014 11:32am

Financial

Rupiah NDFs hit 7-week high as Jokowi seen winning Indonesian vote

SEOUL: The rupiah hit a seven-week high in offshore markets on Wednesday as Jakarta Governor Joko "Jokowi" Widodo looked

Published 09 Jul, 2014 11:13am

Financial

Yuan hits 3-month high as China, US kick off crucial talks

SHANGHAI: China's yuan hit a three-month high against the dollar on Wednesday as China and United States started the

Published 09 Jul, 2014 05:29am

Financial

Philippine peso hits 8-month high; offshore rupiah up amid vote

SEOUL: The Philippine peso touched an eight-month high on Wednesday with most emerging Asian currencies up on lower US T

Published 09 Jul, 2014 05:28am

Financial

Dollar under pressure in Asia ahead of Fed minutes

TOKYO: The dollar faced selling pressure in Asia on Wednesday as investors await the release of minutes from the Federal

Published 09 Jul, 2014 04:14am

Financial

Sri Lanka rupee steady, state banks curb volatility; stocks up

COLOMBO: The Sri Lankan rupee was steady on Tuesday as inflows from remittances and exporter dollar sales offset demand

Published 08 Jul, 2014 07:53am

Financial

Dollar holds steady, takes breather after rally

SYDNEY/SINGAPORE: The dollar held steady versus a basket of major currencies on Tuesday, having retreated from the previ

Published 08 Jul, 2014 05:36am

Financial

Yuan slips as Chinese oil giants buy dollars

SHANGHAI: China's yuan fell slightly against the dollar on Tuesday, with dollar demand from Chinese oil giants offse

Published 08 Jul, 2014 05:26am

Financial

Yen gains in Asia after US stocks fall

TOKYO: The yen rose against the dollar and euro Tuesday as cautious investors retreated to the Japanese currency after t

Published 08 Jul, 2014 05:01am

Financial

PBOC to drain 20bn yuan via 28-day repos

SHANGHAI: China's central bank will drain 20 billion yuan ($3.22 billion)from the money markets through 28-day bond

Published 08 Jul, 2014 04:43am

Financial

Australian dollar slowly on the mend, kiwi steady

WELLINGTON/SYDNEY: The Australian dollar continued to recover in baby steps from last week's drubbing, while the New

Published 08 Jul, 2014 04:22am

Financial

Indian rupee sees biggest fall in nearly 3 weeks; budget eyed

MUMBAI: The Indian rupee saw its biggest single-day fall in nearly three weeks on Monday as investors turned cautious ah

Published 07 Jul, 2014 01:05pm

Financial

Sri Lanka rupee closes steady, state banks curb volatility

COLOMBO: The Sri Lankan rupee ended steady on Monday as inflows from remittances and exporter dollar sales offset the de

Published 07 Jul, 2014 01:03pm

Financial

Dollar holds up ahead of Fed minutes release

TOKYO: The dollar held up in Asia on Monday after rallying on strong jobs data last week, as investors awaited minutes o

Published 07 Jul, 2014 06:54am

Financial

South Korea won retreats from six-year high levels; stocks ease

SEOUL: The South Korean won eased from six-year highs on Monday as investors awaited comments from the central bank and

Published 07 Jul, 2014 06:45am

Financial

Yuan rises moderately on the dollar, seen stable for now

SHANGHAI: China's yuan rose slightly against the dollar on Monday, buoyed by corporate dollar sales ahead of a key U

Published 07 Jul, 2014 05:38am

Financial

Dollar stays firm in the wake of jobs-inspired rally

SINGAPORE/SYDNEY: The dollar edged higher on Monday and touched its highest level in more than a week versus a basket of

Published 07 Jul, 2014 05:02am

Financial

South Korea won ticks lower from 6-year peak; stocks edge down

SEOUL: The South Korean won eased slightly against the dollar on Monday morning, retreating from six-year highs as inves

Published 07 Jul, 2014 03:53am

Financial

Indian rupee sees biggest weekly gain in 1-1/2 months

MUMBAI: The Indian rupee was little changed on Friday as caution set in ahead of Prime Minister Narendra Modi's maid

Published 04 Jul, 2014 12:06pm

Financial

Dollar steady in Asia after upbeat US jobs report

TOKYO: The dollar was steady against the yen and euro in Asia Friday after it rallied on an encouraging US jobs report t

Published 04 Jul, 2014 06:49am

Financial

Dollar holds firms in Asia after upbeat US jobs report

TOKYO: The dollar held firm against the yen and euro in Asia Friday after it rallied on a strong US jobs reports that po

Published 04 Jul, 2014 06:10am

Financial

Rupiah leads Asia FX losses before US jobs data; won shines

SINGAPORE: The Indonesian rupiah led losses among emerging Asian currencies on Thursday as investors took profits from r

Published 03 Jul, 2014 11:08am

Financial

Dollar creeps up in Asia on US jobs report

TOKYO: The dollar extended its gains against the yen and euro in Asia on hopes for a healthy US jobs report later Thursd

Published 03 Jul, 2014 06:24am

Financial

Dollar creeps up in Asia on US jobs report

TOKYO: The dollar extended its gains against the yen and euro in Asia Thursday on hopes for a healthy US jobs report lat

Published 03 Jul, 2014 05:36am

Financial

Sri Lanka rupee steady on state banks' dollar buying; stocks at over 1-year high

COLOMBO: The Sri Lankan rupee traded steady on Wednesday as exporter dollar sales offset importer dollar demand amid gre

Published 02 Jul, 2014 11:14am

Financial

Won at 6-year high despite intervention, soft yuan limits Asia FX gains

SINGAPORE: The South Korean won hit a six-year high despite intervention on Wednesday as most emerging Asian currencies

Published 02 Jul, 2014 11:12am

Financial

Dollar gains in Asia on data-driven stocks rally

TOKYO: The dollar rose in Asia Wednesday, boosted by upbeat sentiment, but it is still sitting around more than five-and

Published 02 Jul, 2014 05:13am

Financial

Dollar rises in Asia on upbeat sentiment

TOKYO: The dollar edged up in Asia Tuesday as gains in Tokyo stocks boosted sentiment, but lower US bond yields kept the

Published 01 Jul, 2014 06:12am

Financial

Dollar rises in Asia on upbeat sentiment

TOKYO: The dollar rose in Asia Tuesday as gains in Tokyo stocks boosted sentiment, but lower US bond yields kept the uni

Published 01 Jul, 2014 05:17am

Financial

Indian rupee marks first quarterly fall in three

MUMBAI: The Indian rupee fell on Monday, posting its first quarterly fall in three, as suspected intervention by the cen

Published 30 Jun, 2014 01:39pm

Financial

Sri Lanka rupee slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday due to importer dollar demand mainly from state banks, while dealers said b

Published 30 Jun, 2014 07:39am

Financial

Aussie dollar cautious ahead of RBA meeting, kiwi off peak

WELLINGTON/SYDNEY: The Australian and New Zealand dollars eased on Monday, with the kiwi retreating from a near three-ye

Published 30 Jun, 2014 06:57am

Financial

South Korea won hits near 6-year peak, intervention curbs gains

SEOUL: The South Korean won scaled near a six-year peak against the dollar on Monday morning, but it came off session hi

Published 30 Jun, 2014 06:54am

Financial

Dollar sinks deeper after poor US data

TOKYO: The dollar drifted lower in Asia on Monday as a string of disappointing US data last week put pressure on the cur

Published 30 Jun, 2014 05:39am

Financial

Dollar sinks deeper after poor US data

TOKYO: The dollar drifted lower in Asia on Monday as a string of disappointing US data last week put pressure on the cur

Published 30 Jun, 2014 04:02am

Financial

China's yuan rises to 2-week high, outlook brightens

HONG KONG: China's yuan rose to two-week highs against the dollar on Friday, despite a weaker midpoint fixing, as se

Published 27 Jun, 2014 01:17pm

Financial

Won leads weekly Asia FX gains after soft US data

SINGAPORE: The South Korean won hit a near four-year high on Friday, leading weekly gains among emerging Asian currencie

Published 27 Jun, 2014 01:16pm

Financial

Won leads weekly Asia FX gains after soft US data; rupiah turns up

SINGAPORE: The South Korean won hit a near six-year high on Friday, leading weekly gains among emerging Asian currencies

Published 27 Jun, 2014 01:07pm

Financial

Sri Lanka rupee tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday on importer dollar demand, while the central bank curbed t

Published 27 Jun, 2014 12:25pm

Financial

Indian rupee snaps four-week fall; seen ranged near-term

MUMBAI: The Indian rupee snapped a four-week falling streak while also gaining slightly on the day as continued foreign

Published 27 Jun, 2014 12:19pm

Financial

Dollar eases in Asian trade after losses on Wall Street

TOKYO: The dollar edged down against the yen and the euro in Asian trade on Friday after uninspiring US data and a slide

Published 27 Jun, 2014 06:21am

Financial

Sri Lanka rupee recovers on remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee pulled back from early losses on Thursday due to inflows from remittances and exporter con

Published 26 Jun, 2014 12:15pm

Financial

Indian rupee ends weak on importer dollar buy, FX inflows good

MUMBAI: The Indian rupee ended weak on Thursday, dragged down by month-end importer dollar demand and lower stocks, whil

Published 26 Jun, 2014 12:14pm

Financial

South Korean won logs best day in 7 weeks; stocks rebound

SEOUL: The South Korean won strengthened against the dollar, posting its largest daily gain in seven weeks as the greenb

Published 26 Jun, 2014 07:45am

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee traded at a more than three-week low on Thursday due to importer dollar demand, while the

Published 26 Jun, 2014 07:33am

Financial

Dollar edges down in Asia trade

TOKYO: The dollar edged down in Asia on Thursday as Japanese exporters bought up the yen and following data showing the

Published 26 Jun, 2014 06:07am

Financial

China's yuan set for 2nd consecutive weekly drop

HONG KONG: China's yuan edged higher on Thursday but looked set for its second straight weekly loss against the doll

Published 26 Jun, 2014 05:25am

Financial

Dollar edges down in Asia trade

TOKYO: The dollar edged down in Asia on Thursday as Japanese exporters bought up the yen and following data showing the

Published 26 Jun, 2014 04:15am

Financial

Sri Lanka rupee tad weaker on importer dollar demand; Iran crude concerns hurt

COLOMBO: The Sri Lankan rupee closed at a three-week low on Wednesday due to importer dollar demand, while dealers expec

Published 25 Jun, 2014 12:33pm

Financial

Indian rupee recovers after hitting 1-week low, good inflows seen

MUMBAI: The Indian rupee hit a one-week low on Wednesday, weighed down by losses in other Asian currencies and shares bu

Published 25 Jun, 2014 12:31pm

Financial

China currency regulator says to encourage forex derivatives

BEIJING: China will encourage banks to sell a greater variety of foreign exchange derivatives as part of a plan to stead

Published 25 Jun, 2014 12:18pm

Financial

Rupiah leads Asia FX slides on oil, election concerns

SINGAPORE: The rupiah fell to its lowest level in more than four months on Wednesday, pressured by worries about Indones

Published 25 Jun, 2014 10:19am

Financial

Importer dollar demand drags Sri Lanka rupee down; Iran crude concerns weigh

COLOMBO: The Sri Lankan rupee fell to a three-week low on Wednesday due to importer dollar demand, while dealers said th

Published 25 Jun, 2014 07:53am

Financial

Indonesian rupiah falls to weakest level in more than 4 months

SINGAPORE: The Indonesian rupiah fell to its weakest in more than four months on Wednesday on worries about the country&

Published 25 Jun, 2014 07:33am

Financial

Pound sags after less hawkish BoE, G3 currencies adrift

SYDNEY: The British pound nursed losses on Wednesday after comments from the Bank of England governor cooled expectation

Published 25 Jun, 2014 07:26am

Financial

China's yuan slips, recovery expected in H2

HONG KONG: China's yuan slipped against the dollar on Wednesday after the central bank set a weaker midpoint to refl

Published 25 Jun, 2014 07:03am

Financial

Dollar moves narrowly in Asia trade

TOKYO: The dollar held up against the yen and euro in Asia on Wednesday as dealers await the release of key US data late

Published 25 Jun, 2014 05:13am

Financial

Sri Lanka rupee weaker on import demand; Iran crude import concerns weigh

COLOMBO: The Sri Lankan rupee ended at a three-week low on Tuesday on importer dollar demand, while dealers voiced conce

Published 24 Jun, 2014 12:21pm

Financial

Indian rupee snaps two-day fall as shares gain

MUMBAI: The Indian rupee gained on Tuesday, snapping a two-session falling streak as gains in the domestic share market

Published 24 Jun, 2014 12:20pm

Financial

Sri Lanka rupee edges down on import demand; concerns remain over Iran crude

COLOMBO: The Sri Lankan rupee traded slightly weaker on Tuesday as importer dollar demand outpaced greenback sales by ex

Published 24 Jun, 2014 07:46am

Financial

Euro holds up against dollar in Asia

TOKYO: The euro held up against the dollar in Asia on Tuesday despite poor economic data for the 18-nation eurozone poin

Published 24 Jun, 2014 06:07am

Financial

Australian and NZ dollars take breather, seek fresh catalyst

WELLINGTON/SYDNEY: The Australian and New Zealand dollars settled into a slim trading range on Tuesday in the absence of

Published 24 Jun, 2014 05:44am

Financial

Dollar bloc currencies outshine G3, Japan growth strategy eyed

SYDNEY/TOKYO: The dollar-bloc currencies held onto gains on Tuesday, having outperformed their G3 peers on optimism abou

Published 24 Jun, 2014 05:39am

Financial

China's yuan steady, central bank and oil prices in focus

HONG KONG: China's yuan was broadly unchanged on Tuesday in subdued trading, as firmer oil prices offset optimism fr

Published 24 Jun, 2014 05:35am

Financial

Euro holds up against dollar in Asia

TOKYO: The euro held up against the dollar in Asia on Tuesday despite poor economic data for the 18-nation eurozone poin

Published 24 Jun, 2014 04:06am

Financial

Aussie, Kiwi up after China survey, Canadian dollar at 5-month high

LONDON: The Australian and New Zealand dollars both jumped about half a percent on Monday after a survey pointed to the

Published 23 Jun, 2014 01:14pm

Financial

Indian rupee ends down on importer demand, weak shares

MUMBAI: The Indian rupee moved in a tight range on Monday as positive sentiment due to gains in other Asian shares and c

Published 23 Jun, 2014 12:21pm

Financial

Dollar stays firm on US optimism, but risks loom

TOKYO: The dollar maintained its strength during Asian trade on Monday, buoyed by optimism about the pace of the US reco

Published 23 Jun, 2014 04:31am

Financial

China's yuan rises for 2nd day on stronger midpoint, improved sentiment

SHANGHAI: China's yuan rose modestly against the dollar for the second day on Friday, buoyed by a marginally stronge

Published 20 Jun, 2014 01:49pm

Financial

Solid US data, firm oil prices hurt Asia FX; Philippine peso bucks trend

SINGAPORE: Most emerging Asian currencies eased on Friday after strong US data, and were set to show weekly losses as co

Published 20 Jun, 2014 01:22pm

Financial

Sri Lanka rupee edges up on remittances; seen stable

COLOMBO: The Sri Lankan rupee ended firmer on Friday after two days of falls as inward remittances outpaced importer dol

Published 20 Jun, 2014 12:42pm

Financial

Dollar edges down in Asia

TOKYO: The dollar edged down in Asia Friday, extending losses in New York that were driven by dovish comments from the h

Published 20 Jun, 2014 06:09am

Financial

Dollar edges down in Asia

TOKYO: The dollar edged down in Asia Friday, extending losses in New York that were driven by dovish comments from the h

Published 20 Jun, 2014 05:15am

Financial

Yuan sees first bullish bets in 4 months; rupee long positions cut

SINGAPORE: Investor sentiment on most emerging Asian currencies improved over the last two weeks, with the first bullish

Published 19 Jun, 2014 09:14am

Financial

Sri Lanka rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell for a second straight session on Thursday on dollar demand from importers, dealers sa

Published 19 Jun, 2014 09:13am

Financial

NZ dollar jumps to record highs on trade basis after Fed

WELLINGTON/SYDNEY: The New Zealand dollar vaulted to a lifetime high against a basket of currencies on Thursday, and alo

Published 19 Jun, 2014 06:41am

Financial

India rupee rises to 60 per dollar on dovish Fed comments

MUMBAI: The Indian rupee strengthened to 60 per dollar on Thursday, its highest in almost a week, after the US Federal R

Published 19 Jun, 2014 06:38am

Financial

China's yuan rebounds on stronger midpoint, bullish officials

SHANGHAI: China's yuan rebounded modestly against the dollar on Thursday, buoyed by a slightly stronger central bank

Published 19 Jun, 2014 06:36am

Financial

Dollar flat in Asia after Fed meeting

TOKYO: The dollar hovered in a narrow range in Asia on Thursday, bookended by dip-buying and selling pressure after the

Published 19 Jun, 2014 05:56am

Financial

Dollar flat in Tokyo as stocks rise

TOKYO: The dollar hovered in a narrow range in Tokyo Thursday, bookended by dip-buying and selling pressure after the US

Published 19 Jun, 2014 04:29am

Financial

US inflation hits Asia FX before Fed; rupiah near 4-month low

SINGAPORE: The Indonesian rupiah hit a four-month low, leading losses among emerging Asian currencies on Wednesday as st

Published 18 Jun, 2014 08:00am

Financial

Dollar firm ahead of Fed policy decision

TOKYO: The dollar held steady in Asia on Wednesday as investors awaited the end of a two-day US Federal Reserve policy m

Published 18 Jun, 2014 06:51am

Financial

Sri Lanka rupee flat at near 1-year high after central bank keeps rates steady

COLOMBO: The Sri Lankan rupee traded little changed on Wednesday, at its highest level in nearly a year after the centra

Published 18 Jun, 2014 06:34am

Financial

South Korean won skids for a 5th day before Fed meeting outcome

SEOUL: The South Korean won ended slightly weaker against the dollar on Wednesday, easing for a fifth straight session a

Published 18 Jun, 2014 06:32am

Financial

South Korean won on track for 5th day of losses, stocks edge down

SEOUL: The South Korean won eased slightly against the dollar on Wednesday morning, and looks set to post a fifth day of

Published 18 Jun, 2014 05:58am

Financial

Dollar firm, stocks subdued as inflation adds to Fed risk

SYDNEY: The dollar held firm with higher Treasury yields on Wednesday after a surprisingly high reading for US inflation

Published 18 Jun, 2014 05:56am

Financial

Australian and NZ dollars mark time as Fed outcome looms

SYDNEY/WELLINGTON: The Australian dollar steadied on Wednesday, a day after suffering its biggest one-day fall in nearly

Published 18 Jun, 2014 05:49am

Financial

Dollar firm ahead of Fed policy decision

TOKYO: The dollar held steady in Asia on Wednesday as investors await the end of a two-day US Federal Reserve policy mee

Published 18 Jun, 2014 05:29am

Financial

Indian rupee snaps two days of falls; central bank chief assurance helps

MUMBAI: The Indian rupee snapped two sessions of falls and recovered from a near two-month low on Tuesday after the cent

Published 17 Jun, 2014 12:21pm

Financial

Sri Lanka rupee steady at near 1-year high

COLOMBO: The Sri Lankan rupee ended little changed on Tuesday, at its highest level in nearly a year on Monday, as light

Published 17 Jun, 2014 12:14pm

Financial

Sri Lanka rupee weakens from near 1 year high on importer demand

COLOMBO: The Sri Lankan rupee traded little changed on Tuesday, from its highest level in nearly a year on Monday, as li

Published 17 Jun, 2014 07:17am

Financial

Dollar firms in Asia on Japan pension overhaul plan

TOKYO: The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the

Published 17 Jun, 2014 06:53am

Financial

South Korean won slips for a 4th day, stocks edge higher

SEOUL: The South Korean won weakened against the dollar on Tuesday for the fourth straight session as escalating violenc

Published 17 Jun, 2014 06:09am

Financial

South Korean won headed for 4th straight loss, stocks edge up

SEOUL: The South Korean won edged lower against the dollar early on Tuesday and appeared headed for a fourth day of loss

Published 17 Jun, 2014 05:44am

Financial

Australia dollar slips on dovish RBA, NZ dollar subdued

WELLINGTON/SYDNEY: The Australia dollar lost some altitude on Tuesday following dovish comments by the Reserve Bank of A

Published 17 Jun, 2014 05:42am

Financial

China's yuan slips after PBOC dashes appreciation hopes

SHANGHAI: China's yuan dropped against the dollar for the second session on Tuesday, dashing hopes of those who saw

Published 17 Jun, 2014 05:19am

Financial

Dollar firms in Asia on Japan pension overhaul plan

TOKYO: The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the

Published 17 Jun, 2014 05:09am

Financial

Indian rupee hits over one-month low as oil prices, inflation hurt

MUMBAI: The Indian rupee weakened to its lowest level in more than a month on Monday as surging crude oil prices threate

Published 16 Jun, 2014 12:41pm

Financial

Sri Lanka rupee up to near 1-year high on inward remittances

COLOMBO: The Sri Lankan rupee edged up on Monday to its highest level in nearly one year on strong inward remittances, w

Published 16 Jun, 2014 11:59am

Financial

Yen firms in Asia on Iraq, pound hit 5-year high

TOKYO: The yen rallied in Asia Monday on growing fears about the Iraq crisis, while the pound hit a near five-year high

Published 16 Jun, 2014 09:44am

Financial

Sri Lanka rupee hits near 1-year high on inward remittances

COLOMBO: The Sri Lankan rupee edged up on Monday to its highest level in nearly one year on strong inward remittances wh

Published 16 Jun, 2014 09:36am

Financial

Iraq insurgency, higher oil hurt Asia FX; rupee hits 6-week low

SINGAPORE: Most emerging Asian currencies fell on Monday as the Iraqi insurgency lifted oil prices and dented investor a

Published 16 Jun, 2014 08:49am

Financial

China's yuan slips as PBOC signals range-bound trading

SHANGHAI: China's yuan weakened slightly against the dollar on Monday after the central bank set a weaker midpoint i

Published 16 Jun, 2014 06:54am

Financial

South Korean won eases for 3rd day as Iraq unrest weighs, stocks flat

SEOUL: The South Korean won eased against the dollar for a third straight session on Monday, as rising tension in Iraq d

Published 16 Jun, 2014 06:51am

Financial

Australian & NZ dollars run into light profit-taking

SYDNEY/WELLINGTON: The Australia and New Zealand dollars drifted off multi-week highs against the US dollar and euro on

Published 16 Jun, 2014 06:21am

Financial

Dollar dips versus yen, euro remains under pressure

TOKYO: The dollar dipped versus the yen on Monday, taking a cue from weaker Tokyo equities, although potentially decisiv

Published 16 Jun, 2014 06:20am

Financial

Australian dollar high, could fall at some point

SYDNEY: The Australian dollar is at a high level given falls in prices for the country's major commodity exports, a

Published 16 Jun, 2014 05:56am

Financial

Indian rupee hits over one-month low as oil prices surge

MUMBAI: The Indian rupee weakened to its lowest level in more than a month on Monday as surging crude oil prices threate

Published 16 Jun, 2014 05:45am

Financial

Yen firms in Asia on Iraq, Ukraine jitters

TOKYO: The yen climbed against the dollar and euro in Asia Monday as fears grow about violent unrest in Iraq and possibl

Published 16 Jun, 2014 05:45am

Financial

Yen firms in Asia on Iraq, Ukraine jitters

TOKYO: Traders bought the yen on Monday in Asia as fears grow about violent unrest in Iraq and possible gas supply disru

Published 16 Jun, 2014 03:50am

Financial

Yen slips as BoJ calls for more reform in Tokyo

WASHINGTON: The yen slipped against the dollar and euro Friday after Bank of Japan governor Haruhiko Kuroda called for t

Published 13 Jun, 2014 09:29pm

Financial

Yuan helps Asia FX counter Iraq worries, baht at 3-week high

SINGAPORE: The Thai baht rose to its strongest level in more than three weeks on Friday and most emerging Asian currenci

Published 13 Jun, 2014 01:24pm

Financial

Indian rupee sees biggest fall in 4-1/2 months on Iraq worries

MUMBAI: The Indian rupee saw its biggest single-day fall in four-and-a-half months on Friday as escalating civil war in

Published 13 Jun, 2014 01:06pm

Financial

Yen edges down in Asia after BoJ holds fire on easing

TOKYO: The dollar edged up against the yen Friday after the Bank of Japan (BoJ) stood pat on its stimulus programme, par

Published 13 Jun, 2014 05:44am

Financial

Won cuts losses after central bank comments; yuan supports Asia FX

SINGAPORE: The South Korean won eased on Thursday, but cut some of its losses after the central bank chief said effects

Published 12 Jun, 2014 01:54pm

Financial

Indian rupee ends marginally higher; CPI watched for cues

MUMBAI: The Indian rupee closed slightly stronger on Thursday, tracking gains in shares but investors largely stayed on

Published 12 Jun, 2014 12:52pm

Financial

Dollar edges up against yen in Asia after US tumble

TOKYO: The dollar inched up against the yen in Asia Thursday after tumbling in New York as the Bank of Japan kicked off

Published 12 Jun, 2014 06:33am

Financial

Dollar edges up against yen in Asia after US tumble

TOKYO: The dollar inched up against the yen in Asia Thursday after tumbling in New York as the Bank of Japan kicks off a

Published 12 Jun, 2014 05:09am

Financial

Sri Lanka rupee edges up as state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee edged up to hit a near one-year high on Wednesday as dollar sales by banks and exporters s

Published 11 Jun, 2014 12:53pm

Financial

Indian rupee wedged in tight band; retail inflation in focus

MUMBAI: The Indian rupee held in a tight range on Wednesday as lack of fresh domestic triggers prompted investors to sta

Published 11 Jun, 2014 12:28pm

Financial

Euro dips in Asia ahead of ECB comments

TOKYO: The euro dipped in Asia on Wednesday as investors looked to comments from European Central Bank officials later i

Published 11 Jun, 2014 07:45am

Financial

South Korean won hovers near 6 year high, foreign capital inflow extended

SEOUL: The South Korean won strengthened against dollar on Wednesday, lingering around a near six-year high on stock inf

Published 11 Jun, 2014 06:43am

Financial

Euro under a cloud in Asia, stocks sit on gains

SYDNEY: The euro came under mounting pressure on Wednesday as the European Central Bank's embrace of negative intere

Published 11 Jun, 2014 06:39am

Financial

Australian dollar climbs to 7 month peak vs euro in yield search

SYDNEY/WELLINGTON: The Australian dollar climbed to seven-month peaks against a soggy euro and Swiss franc on Wednesday,

Published 11 Jun, 2014 05:49am

Financial

Euro under fire in Asia, stocks sit on gains

SYDNEY: The euro came under mounting pressure on Wednesday as the European Central Bank's embrace of negative intere

Published 11 Jun, 2014 05:47am

Financial

China's yuan breaks 3-day rising streak on central bank guidance

HONG KONG/SHANGHAI: China's currency consolidated recent gains on Wednesday after the People's Bank of China fix

Published 11 Jun, 2014 05:45am

Financial

South Korean won hovers near 6-year high; stocks shrug off MSCI move

SEOUL: The South Korean won gained modestly against the dollar on Wednesday morning, following a local foreign exchange

Published 11 Jun, 2014 05:43am

Financial

Euro slides in Asia in wake of ECB stimulus

TOKYO: The euro extended its slide in Asia on Wednesday as investors look to comments from European Central Bank officia

Published 11 Jun, 2014 05:05am

Financial

Sri Lanka rupee steady near 1-year high; gains curbed

COLOMBO: The Sri Lankan rupee ended steady near a one-year high on Tuesday as dollar sales by banks and exporters were o

Published 10 Jun, 2014 12:37pm

Financial

US yields pressure Asia FX, yuan climbs to strongest in more than a month

SINGAPORE: Most emerging Asian currencies eased on Tuesday as US Treasury yields lifted the dollar, while the Chinese yu

Published 10 Jun, 2014 08:46am

Financial

Dollar mixed in Asia trading

TOKYO: The dollar was mixed in Asia on Tuesday with few immediate trading cues to move markets, after sentiment got a bo

Published 10 Jun, 2014 06:44am

Financial

South Korea forex official denies report of plans to inspect banks

SEOUL: South Korea has no plans to inspect banks over foreign exchange trading but is looking into the surges in dollar/

Published 10 Jun, 2014 06:41am

Financial

Sri Lanka rupee steady near 1-year high; stocks little changed

COLOMBO: The Sri Lankan rupee was steady near its one-year high on Tuesday as dollar sales by banks and exporters were o

Published 10 Jun, 2014 06:26am

Financial

Dollar steady, draws support from rise in US yields

TOKYO: The dollar held steady versus a basket of major currencies on Tuesday, clinging to gains made the previous day th

Published 10 Jun, 2014 05:10am

Financial

Australia dollar hits 6-month highs vs euro & Swiss franc, NZ dollar firm

SYDNEY/WELLINGTON: The Australian dollar held near six-month highs against the euro and Swiss franc on Tuesday as yield-

Published 10 Jun, 2014 05:08am

Financial

China's yuan advances for 3rd day after another midpoint surprise

HONG KONG: China's yuan rose for a third consecutive day on Tuesday after the central bank again fixed the daily tra

Published 10 Jun, 2014 05:06am

Financial

Sri Lanka rupee ends near 1-year high; state banks curb volatility

COLOMBO: The Sri Lanka rupee ended near a one-year high on Monday as exporters and dollar sales by banks outpaced import

Published 09 Jun, 2014 12:13pm

Financial

Global economic recovery signs boost Asia FX, yuan jumps

SINGAPORE: Emerging Asian currencies rose on Monday as US and China data pointed to a strengthening global economic reco

Published 09 Jun, 2014 07:55am

Financial

South Korean won closes near 6-year high; stocks edge down

SEOUL: The South Korean won hit a near six-year peak against the dollar on Monday, supported by persistent stock inflows

Published 09 Jun, 2014 06:40am

Financial

Sri Lanka rupee hovers near 1 year high; state banks check volatility

COLOMBO: The Sri Lanka rupee traded near a one-year high on Monday as dollar sales by exporters and banks outpaced light

Published 09 Jun, 2014 06:34am

Financial

Dollar steady in Asia after solid jobs data

TOKYO: The dollar and euro held steady against the yen in Asia on Monday as confidence was boosted by upbeat US jobs dat

Published 09 Jun, 2014 06:04am

Financial

New Zealand and Australian dollars nudge higher, eye data

WELLINGTON: The New Zealand and Australian dollars traded a touch firmer in holiday dampened markets on Monday as invest

Published 09 Jun, 2014 05:53am

Financial

South Korean won up near 6-year high; stocks steady

SEOUL: The South Korean won rose to its strongest level in nearly six years early on Monday, playing catch-up to global

Published 09 Jun, 2014 05:51am

Financial

China's yuan rises on surprisingly strong midpoint, trade surplus

HONG KONG: China's yuan rose against the dollar on Monday after the central bank set the daily fixing higher, by the

Published 09 Jun, 2014 05:47am

Financial

China's yuan bounces after another surprisingly strong fix

HONG KONG: China's yuan jumped on Monday after the People's Bank of China fixed the daily midpoint surprisingly

Published 09 Jun, 2014 05:46am

Financial

Dollar steady in Asia after solid jobs data

TOKYO: The dollar and euro edged up against the yen in Asia on Monday as confidence was boosted upbeat US jobs data that

Published 09 Jun, 2014 04:57am

Financial

ECB easing, firm yuan lift Asia FX; ringgit up on trade data

SINGAPORE: Most emerging Asian currencies rose on Friday as the European Central Bank's policy easing boosted hopes

Published 06 Jun, 2014 03:14pm

Financial

Indian rupee ends stronger tracking shares; RBI checks rise

MUMBAI: The Indian rupee rose on Friday, tracking a rally in domestic shares to record highs, but broader gains were cap

Published 06 Jun, 2014 03:05pm

Financial

Sri Lanka rupee near 1 year high; central bank allows gradual appreciation

COLOMBO: The Sri Lankan rupee ended firmer near a one-year high on Friday as dollar sales by exporters and banks offset

Published 06 Jun, 2014 03:01pm

Financial

Euro dips in Asia after ECB easing measures

TOKYO: The euro dipped a touch in Asia on Friday after the European Central Bank (ECB) launched unprecedented easing mea

Published 06 Jun, 2014 07:03am

Financial

Euro dips in Asia after ECB easing measures

TOKYO: The euro dipped a touch in Asia on Friday after the European Central Bank (ECB) launched unprecedented easing mea

Published 06 Jun, 2014 04:36am

Financial

Indian rupee ends flat; RBI intervention seen

MUMBAI: The Indian rupee ended steady on Thursday after trading in a tight range for much of the session, as gains in lo

Published 05 Jun, 2014 12:27pm

Financial

Sri Lanka rupee near 1-yrar high; state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee ended near a one-year high on Thursday as exporters and banks sold dollars, while state ba

Published 05 Jun, 2014 12:22pm

Financial

Sri Lanka rupee near 1 year high; state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee rose on Thursday to near its one-year high as exporters and banks sold dollars, while stat

Published 05 Jun, 2014 08:33am

Financial

Baht short positions near 4-month high, rupiah pessimism revives

SINGAPORE: Short positions in the Thai baht rose to a near four-month high in the last two weeks after the military seiz

Published 05 Jun, 2014 08:08am

Financial

Australian & NZ dollars sidelined as ECB holds centre stage

SYDNEY/WELLINGTON: The New Zealand dollar dangled near three-month lows on Thursday and the Aussie struggled to make hea

Published 05 Jun, 2014 05:41am

Financial

Euro near four-month lows as ECB looms; yen gets respite

SYDNEY/SINGAPORE: The euro languished near four-month lows on Thursday with investors firmly sidelined as they waited to

Published 05 Jun, 2014 05:21am

Financial

Weakening of rupiah is only temporary

JAKARTA: The weakening of the Indonesian rupiah will only be temporary, Bank Indonesia senior deputy governor Mirza Adit

Published 05 Jun, 2014 05:15am

Financial

Yuan weakens slightly on central bank guidance but stays range-bound

SHANGHAI: The Chinese yuan softened slightly on Thursday following a weaker official guidance rate from the central bank

Published 05 Jun, 2014 05:13am

Financial

Yen up in Asia as cautious investors eye ECB meeting

TOKYO: The yen ticked up in Asia on Thursday as cautious investors bought the unit on the back of weak US jobs data and

Published 05 Jun, 2014 04:52am

Financial

High US yields hit Asia FX, rupiah near 4-month low

SINGAPORE: The Indonesian rupiah hit a near four-month low on Wednesday, leading a decline among emerging Asian currenci

Published 04 Jun, 2014 12:53pm

Financial

Sri Lankan rupee firmer on exporter, bank dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday as exporters and banks sold dollars due to tight rupee liquidity

Published 04 Jun, 2014 12:34pm

Financial

Indian rupee edges up on dollar inflows, importer demand caps rise

MUMBAI: The Indian rupee edged higher on Wednesday on foreign fund inflows into debt and equity, though a sharper rise w

Published 04 Jun, 2014 12:32pm

Financial

Dollar rises ahead of ECB meet, US jobs data

TOKYO: The dollar rose in Asia on Wednesday with investors expecting a solid US jobs report in the coming days and for t

Published 04 Jun, 2014 05:05am

Financial

Indian rupee hits near 3-week low; RBI, importers buy dollars

MUMBAI: The Indian rupee hit a near three-week low and weakened for a fourth consecutive session on Tuesday as the centr

Published 03 Jun, 2014 03:17pm

Financial

Dollar near 4-month high as data lifts sentiment, euro wary of ECB

SYDNEY/TOKYO: The dollar hovered near a four-month high against a basket of major currencies early on Tuesday, bolstered

Published 03 Jun, 2014 11:10am

Financial

China's yuan edges firmer, traders suspect influx of IPO dollars

SHANGHAI: China's yuan firmed marginally against the dollar on Tuesday despite the central bank setting a weaker mid

Published 03 Jun, 2014 11:06am

Financial

A$ & NZ$ edge up after no surprises by RBA

SYDNEY/WELLINGTON: The Australian dollar inched up on Tuesday after the Reserve Bank of Australia (RBA) said the currenc

Published 03 Jun, 2014 11:04am

Financial

Sri Lanka rupee steady on state banks dollar buying; stocks slip

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as dollar inflows from exporters and remittances were offset by s

Published 03 Jun, 2014 10:59am

Financial

Thai economic plan hopes lift baht; rupee falls on central bank

SINGAPORE: The Thai baht snapped a five-session losing streak on Tuesday as the military government listed urgent steps

Published 03 Jun, 2014 10:49am

Financial

Dollar steady in Asia after upbeat US manufacturing data

TOKYO: The dollar held steady in Asia on Tuesday after getting a lift from positive US and Chinese manufacturing data, w

Published 03 Jun, 2014 06:01am

Financial

Dollar steady in Asia after upbeat US manufacturing data

TOKYO: The dollar held steady in Asia on Tuesday after getting a lift from positive US and Chinese manufacturing data, w

Published 03 Jun, 2014 04:30am

Financial

India rupee weakens for third straight day; RBI policy watched

MUMBAI: The Indian rupee weakened for a third consecutive session on Monday as caution ahead of the central bank's p

Published 02 Jun, 2014 12:57pm

Financial

Sri Lanka rupee steady; state banks curb gains

COLOMBO: The Sri Lanka rupee ended steady on Monday as dollar inflows from remittances and banks' dollar sales were

Published 02 Jun, 2014 12:56pm

Financial

Dollar gains in Asia following upbeat China data

TOKYO: The dollar rose in Asia on Monday as upbeat Chinese manufacturing data lifted investor sentiment ahead of key US

Published 02 Jun, 2014 07:10am

Financial

Sri Lanka rupee steady amid upward pressure; state banks curb gains

COLOMBO: The Sri Lanka rupee traded steady on Monday as dollar inflows from remittances and banks' dollar sales were

Published 02 Jun, 2014 06:51am

Financial

South Korean won logs worst day in nearly 3 weeks; stocks rebound

SEOUL: The South Korean won posted its biggest daily loss versus the dollar in almost three weeks on Monday, with the gr

Published 02 Jun, 2014 06:26am

Financial

Australian dollar hit by weak local data in thinned markets

SYDNEY: The Australian dollar lost some altitude on Monday after disappointing data reinforced the case for the central

Published 02 Jun, 2014 05:59am

Financial

South Korea won headed for biggest loss in 3-weeks; stocks inch up

SEOUL: The South Korean won was headed for its biggest daily loss against the dollar in three weeks on Monday as suspect

Published 02 Jun, 2014 05:53am

Financial

Dollar gains in Asia following upbeat China data

TOKYO: The dollar rose in Asia on Monday as upbeat Chinese manufacturing data lifted investor sentiment ahead of key US

Published 02 Jun, 2014 05:08am

Financial

India rupee sees worst week in four months; gains on month

MUMBAI: The rupee weakened on Friday after trading in a tight band for much of the session as month-end dollar demand fr

Published 30 May, 2014 12:59pm

Financial

Dollar sinks deeper in Asia on low US bond yields

TOKYO: The dollar fell further in Asia on Friday with investors discouraged by low yields on US bonds and caution ahead

Published 30 May, 2014 05:50am

Financial

Dollar sinks deeper in Asia on low US bond yields

TOKYO: The dollar fell further in Asia on Friday with investors discouraged by low yields on US bonds and caution ahead

Published 30 May, 2014 04:17am

Financial

Sri Lanka rupee edges down on importer dollar demand; state bank defends

COLOMBO: The Sri Lankan rupee ended weaker on Thursday on thin importer dollar demand amid greenback sales by a state ba

Published 29 May, 2014 01:00pm

Financial

India rupee falls on month-end importer demand, weak shares hurt

MUMBAI: The Indian rupee weakened for a fourth session in five on Thursday as continued month-end dollar demand from oil

Published 29 May, 2014 12:48pm

Financial

Dollar falls in Asia ahead of revised US growth data

TOKYO: The dollar weakened against the yen and euro in Asia Thursday as markets await the release of US indicators later

Published 29 May, 2014 07:50am

Financial

Sri Lanka rupee weaker on importer dollar demand; state bank defends

COLOMBO: The Sri Lankan rupee traded weaker on Thursday on thin importer dollar demand amid greenback sales by a state b

Published 29 May, 2014 07:02am

Financial

South Korean won ends slightly higher amid suspected intervention

SEOUL: The South Korean won ended firmer on Thursday, after it hit a new high for the year on month-end demand from expo

Published 29 May, 2014 06:39am

Financial

China's yuan snaps 5-day losing streak but outlook wary

HONG KONG: China's yuan broke a five-day losing streak and edged higher on Thursday as investors judged that a recen

Published 29 May, 2014 05:30am

Financial

Dollar falls in Asia ahead of revised US growth data

TOKYO: The dollar weakened against the yen and euro in Asia Thursday as markets await the release of US indicators later

Published 29 May, 2014 04:49am

Financial

China 9-month fin min deposits sold at 4.60 percent

SHANGHAI: China's central bank auctioned 40 billion yuan ($6.39 billion) of nine-month finance ministry deposits to

Published 29 May, 2014 04:34am

Financial

South Korean won steady on suspected intervention, stocks inch down

SEOUL: The South Korean won held its ground on Thursday morning, even as local foreign exchange authorities were spotted

Published 29 May, 2014 04:24am

Financial

Australian dollar cheered by solid investment outlook, NZ dollar sags

SYDNEY/WELLINGTON: The Australian dollar gained on Thursday, underpinned by an encouraging outlook for Australian busine

Published 29 May, 2014 04:19am

Financial

US data, weak yuan drag on Asia FX; won, Singapore dollar up on exporters

SINGAPORE: Most emerging Asian currencies eased on Wednesday, pressured by a stronger US dollar and a weaker Chinese yua

Published 28 May, 2014 12:58pm

Financial

India rupee snaps three-day fall on good dollar inflows

MUMBAI: The Indian rupee snapped a three-day losing streak on Wednesday as dollar inflows related to foreign funds and c

Published 28 May, 2014 12:15pm

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday on importer dollar demand, but dealers expect the local currency

Published 28 May, 2014 12:09pm

Financial

Sri Lanka rupee weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday on importer dollar demand, but dealers expect the local currenc

Published 28 May, 2014 07:38am

Financial

Dollar holds steady in Asia

TOKYO: The dollar held largely steady against the yen in Asia on Wednesday after enjoying a pick-up in New York thanks t

Published 28 May, 2014 06:46am

Financial

NZ dollar eases on fall in business sentiment, Australian dollar steady

SYDNEY/WELLINGTON: The New Zealand dollar eased on Wednesday after a private survey showed a sharp slide in business sen

Published 28 May, 2014 05:50am

Financial

China's yuan heads towards 18-month lows on economy worries

HONG KONG: China's yuan flirted with fresh 18-month lows against the dollar on Wednesday as investors focused on a r

Published 28 May, 2014 05:19am

Financial

Dollar holds steady in Asia

TOKYO: The dollar held steady against the yen in Asia on Wednesday after enjoying a pick-up in New York thanks to an upb

Published 28 May, 2014 05:06am

Financial

Sri Lanka rupee ends steady; importer demand offsets early dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as late importer dollar demand offset early exporter greenback sal

Published 27 May, 2014 01:39pm

Financial

India rupee sees worst fall in over two months; eyes set on new fin min

MUMBAI: The Indian rupee posted its biggest single-day fall in more than two months on Tuesday, dropping for a third str

Published 27 May, 2014 01:31pm

Financial

Sri Lanka rupee up on exporter dollar sales; stx down

COLOMBO: The Sri Lankan rupee traded firmer on Tuesday as exporter dollar sales outpaced thin greenback demand from impo

Published 27 May, 2014 07:39am

Financial

Euro drifts off low but US holiday saps momentum

SYDNEY: The euro struggled to gain any momentum early in Asia on Tuesday after drifting off a three-month low against th

Published 27 May, 2014 05:00am

Financial

Australian and NZ dollars at one-week highs vs yen, broadly firmer

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose to one-week highs against the yen on Tuesday with gains i

Published 27 May, 2014 04:41am

Financial

China's yuan slips, seen rangebound in short term

HONG KONG: China's yuan fell against the dollar on Tuesday after the central bank set the midpoint near its weakest

Published 27 May, 2014 04:22am

Financial

Sri Lanka rupee ends tad firmer

COLOMBO: The Sri Lankan rupee ended a tad up on Monday as late dollar sales by a foreign bank offset importer demand for

Published 26 May, 2014 12:27pm

Financial

India rupee sees biggest single-day fall in a month; FM awaited

MUMBAI: The Indian rupee saw its biggest decline in a month on Monday as investors covered short dollar positions ahead

Published 26 May, 2014 12:23pm

Financial

Stocks support Asia FX in thin trading; baht underperforms on politics

SINGAPORE: Most emerging Asian currencies rose on Monday with regional shares at a one-year high, while the Thai baht un

Published 26 May, 2014 07:54am

Financial

Sri Lanka rupee steady in dull trade; bourse up

COLOMBO: The Sri Lankan rupee traded steady on Monday in light business as importer demand for dollars absorbed exporter

Published 26 May, 2014 06:50am

Financial

Euro down in Asia on weak German business confidence

TOKYO: The euro extended its losses against the dollar in Asia on Monday after hitting a three-month low last week in re

Published 26 May, 2014 06:18am

Financial

Euro still in the doldrums, ECB Draghi speech in focus

SYDNEY: The euro slipped early on Monday, while the other major currencies got off to a steady start as the results of a

Published 26 May, 2014 05:05am

Financial

Australian and NZ dollars subdued, hold gains vs euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make headway on Monday against their US counterpa

Published 26 May, 2014 04:50am

Financial

Yuan consolidates after weakest midpoint in eight months

HONG KONG: China's yuan slipped on Monday after its central bank fixed the daily trading midpoint against the dollar

Published 26 May, 2014 04:44am

Financial

Indian rupee hits 11-month high before RBI steps in

MUMBAI: The Indian rupee retreated from an 11-month high to fall on Friday as the central bank stepped in to temper gain

Published 23 May, 2014 02:54pm

Financial

Buoyant sentiment boosts dollar in Asia trade

TOKYO: Buoyant investor sentiment lifted the dollar against the yen and euro in Asia on Friday, while the Thai baht logg

Published 23 May, 2014 04:31am

Financial

Sri Lanka rupee ends tad weaker on importer dollar demand

COLOMBO: The Sri Lanka rupee edged down on Thursday as late importer dollar demand outpaced greenback inflows, but deale

Published 22 May, 2014 12:30pm

Financial

Indian rupee sees biggest single-day rise in nearly a week

MUMBAI: The Indian rupee posted its biggest single-day rise in nearly a week after Reuters reported that India's fin

Published 22 May, 2014 12:24pm

Financial

Bullish India rupee bets largest in over 2 years

SINGAPORE: Investors built up the largest bullish bets on the Indian rupee in more than two years in recent weeks, while

Published 22 May, 2014 09:43am

Financial

China PMI, Fed relief support Asia FX; baht firms on political hopes

SINGAPORE: Most emerging Asian currencies rose on Thursday, underpinned by improved Chinese factory activity and after t

Published 22 May, 2014 09:38am

Financial

Sri Lanka rupee steady despite upward pressure; stocks slip

COLOMBO: The Sri Lanka rupee was steady on Thursday as importer dollar demand offset greenback inflows, but dealers expe

Published 22 May, 2014 08:59am

Financial

Dollar gains in Asia on Fed meeting minutes

TOKYO: The dollar rallied in Asia Thursday after minutes from the Federal Reserve's April policy meeting showed it w

Published 22 May, 2014 07:17am

Financial

Sri Lanka rupee rebounds, ends up on exporter dollar sales

COLOMBO: The Sri Lanka rupee ended slightly firmer on Wednesday, recovering from early losses as late exporter dollar sa

Published 21 May, 2014 12:22pm

Financial

Indian rupee falls for second day; oil cos buy, shares retreat

MUMBAI: The Indian rupee weakened for a second consecutive session on Wednesday, weighed down by large demand for dollar

Published 21 May, 2014 12:19pm

Financial

Weak risk sentiment hurts Asia FX; baht up on calm after martial law

SINGAPORE: Most emerging Asian currencies eased on Wednesday as risk sentiment soured, though the Thai baht rose as the

Published 21 May, 2014 08:19am

Financial

Sri Lanka rupee tad weaker on importer dollar demand; stocks slip

COLOMBO: The Sri Lankan rupee traded a tad weaker on Wednesday as a state bank bought dollars to pay import bills amid s

Published 21 May, 2014 07:44am

Financial

Yen rises in Asia after BoJ holds fire on easing measures

TOKYO: The yen rose against the dollar in Asia on Wednesday after the Bank of Japan (BoJ) held off fresh easing measures

Published 21 May, 2014 06:29am

Financial

China's yuan steady, seen stabilising for now

SHANGHAI: China's yuan barely moved against the dollar on Wednesday, sustaining its recent trend, after the central

Published 21 May, 2014 06:02am

Financial

Wounded dollar eyes BoJ, Aussie slides to 2-week low

TOKYO: Lower US Treasury yields held the dollar near a 3-1/2 month low against the yen early on Wednesday, with markets

Published 21 May, 2014 05:41am

Financial

South Korean won eases slightly, stocks up on foreign inflows

SEOUL: The won was slightly weaker on Wednesday morning, on dollar demand following suspected intervention by South Kore

Published 21 May, 2014 05:24am

Financial

Australian and NZ dollars on the defensive, local data weighs

SYDNEY/WELLINGTON: The Australian dollar fell to a fresh 2-1/2-week low against the greenback on Wednesday, staying unde

Published 21 May, 2014 05:23am

Financial

Yen rises in Asia after BoJ holds fire on easing measures

TOKYO: The yen rose against the dollar in Asia on Wednesday after the Bank of Japan (BoJ) held off fresh easing measures

Published 21 May, 2014 04:54am

Financial

Sri Lanka rupee steady as rates unchanged; stocks ease

COLOMBO: The Sri Lankan rupee traded steady on Tuesday after the central bank held its key policy rates at multi-year lo

Published 20 May, 2014 12:10pm

Financial

Dollar firms in Asia as crisis-hit Thailand's baht slips

TOKYO: The dollar rose against the yen in Asia on Tuesday as investors await clues about future US and Japanese monetary

Published 20 May, 2014 06:45am

Financial

Dollar firms in Asia as crisis-hit Thailand's baht slips

TOKYO: The dollar firmed against the yen in Asia on Tuesday as investors await clues about future US and Japanese moneta

Published 20 May, 2014 04:38am

Financial

Indian rupee retreats from 11-month high on central bank intervention

MUMBAI: The Indian rupee strengthened to an 11-month high on Monday, gaining for a fourth consecutive session as strong

Published 19 May, 2014 04:07pm

Financial

Sri Lanka rupee ends steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee ended steady on Monday, a day ahead of a monetary policy decision by the central bank, as

Published 19 May, 2014 03:22pm

Financial

Rupiah weaker after Golkar move; ringgit leads Asia FX gains

SINGAPORE: The rupiah turned weaker on Monday after Indonesia's second largest party, Golkar, unexpectedly said it w

Published 19 May, 2014 08:59am

Financial

Sri Lanka rupee firmer ahead of rate decision; seen gaining

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday ahead of a looming policy rate decision by the central ba

Published 19 May, 2014 07:22am

Financial

Australia & NZ dollars firm, bond prices off highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars spent Monday on the sidelines with progress capped by stiff ch

Published 19 May, 2014 06:11am

Financial

Indian rupee hits 11 month high; RBI intervention in focus

MUMBAI: The Indian rupee rose to its strongest in 11 months against the dollar on expectations of continued robust forei

Published 19 May, 2014 05:56am

Financial

Euro inches up vs dollar in face of pressure on the upside

TOKYO/SYDNEY: The euro edged up slightly versus the dollar on Monday after two punishing weeks as investors waited for f

Published 19 May, 2014 05:37am

Financial

Dollar under pressure in Asia after mixed data

TOKYO: The dollar came under pressure in Asia Monday following mixed US data and simmering geopolitical concerns, while

Published 19 May, 2014 04:55am

Financial

Sri Lankan rupee edges up on inflows; seen gaining

COLOMBO: The Sri Lankan rupee traded firmer on Friday on dollar inflows from stock-related transactions amid dried-up im

Published 16 May, 2014 01:01pm

Financial

NY coffee faces resistance at $1.9660

SINGAPORE: New York July coffee faces resistance at $1.9660 per lb, a break above which will lead to a further gain to $

Published 16 May, 2014 12:49pm

Financial

India election result lifts rupee for week, most Asia currencies dip

SINGAPORE: The Indian rupee led gains among emerging Asian currencies on Friday as opposition parties were set to sweep

Published 16 May, 2014 12:26pm

Financial

Dollar weaker in Asia as US, eurozone data disappoint

TOKYO: The dollar was under pressure in Asia Friday following a disappointing batch of data out of the United States and

Published 16 May, 2014 06:19am

Financial

Dollar weakens in Asia as US, eurozone data disappoint

TOKYO: The dollar weakened in Asia Friday following a disappointing batch of data out of the United States and eurozone

Published 16 May, 2014 04:06am

Financial

Rupee leads Asia FX gains as India inflation eases

SINGAPORE: The Indian rupee hit a near 10-month high on Thursday after inflation eased, leading gains among emerging Asi

Published 15 May, 2014 08:28am

Financial

Euro pressured as ECB easing expectations push yields lower

TOKYO: The euro wallowed near six-week lows against the dollar on Thursday, weighed by lower government debt yields amid

Published 15 May, 2014 06:01am

Financial

Australian & NZ bonds track global rally, currencies subdued

SYDNEY: Australian and New Zealand government bonds surged on Thursday, tracking a global rally on heightened speculatio

Published 15 May, 2014 05:46am

Financial

Dollar weakens further as eyes turn to US, Europe data

TOKYO: The dollar extended the previous day's losses against the yen and euro in Asia Thursday as traders await the

Published 15 May, 2014 04:54am

Financial

Euro recovers in Asia after weak German investment survey

TOKYO: The euro was slightly firmer in Asia Wednesday after taking a hit from a drop in German investor confidence, whic

Published 14 May, 2014 06:18am

Financial

Euro mixed in Asia after weak German investment survey

TOKYO: The euro was mixed in Asia Wednesday after taking a hit from a drop in German investor confidence, which raised m

Published 14 May, 2014 04:02am

Financial

Sri Lankan rupee steady near 11-month high; stocks slip

COLOMBO: The Sri Lankan rupee was steady on Tuesday as exporter dollar conversions were offset by thin importer demand a

Published 13 May, 2014 06:16am

Financial

China's yuan sees respite from recent bruising

HONG KONG: China's yuan's crept higher on Tuesday but remained within striking distance of a 18-month low as inv

Published 13 May, 2014 05:38am

Financial

Dollar edges up in Asia

TOKYO: The dollar edged up against the yen in Asia Tuesday following a record close on Wall Street, while investors awai

Published 13 May, 2014 05:34am

Financial

Euro stabilises for now but seen shackled by ECB prospects

TOKYO: The euro stabilised near one-month lows against the dollar on Tuesday, although it remains under pressure as inve

Published 13 May, 2014 04:38am

Financial

PBOC to drain 97bn yuan via 28-day repos

SHANGHAI: China's central bank will drain 97 billion yuan ($15.6 billion)from the money markets through 28-day forwa

Published 13 May, 2014 04:35am

Financial

Aussie & kiwi steady vs dollar and euro; China data, Australian budget in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains versus their US counterpart and euro on Tuesday, wi

Published 13 May, 2014 04:27am

Financial

Sri Lankan rupee gains over 6-month high; state bank limits gain

COLOMBO: The Sri Lankan rupee traded firmer on Monday at its highest level in more than six months on stock-related infl

Published 12 May, 2014 08:50am

Financial

Profit-taking hurts Asia FX; rupee shines on election optimism

SINGAPORE: Most emerging Asian currencies eased on Monday with some investors taking profits from their gains last week,

Published 12 May, 2014 08:30am

Financial

Indian rupee strengthens to 10 month high on exit poll hopes

MUMBAI: Indian rupee rallied to its strongest level against the dollar since July 2013 on widespread hopes that exit pol

Published 12 May, 2014 06:13am

Financial

Australian & NZ dollars hold near one month highs vs euro

SYDNEY/WELLINGTON: The Australian dollar consolidated recent gains versus the US dollar and euro on Monday with markets

Published 12 May, 2014 05:10am

Financial

Euro stabilises but still in the doldrums on ECB threat

SYDNEY/SINGAPORE: The euro started the week on a steadier footing after two straight sessions of steep losses, but shoul

Published 12 May, 2014 05:09am

Financial

Dollar stable in Asia after surging on ECB talks

TOKYO: The dollar was sluggish in Asian trade Monday, but held on to last week's gains against the euro after Mario

Published 12 May, 2014 05:08am

Financial

China's yuan slips on PBOC guidance, market cautious

HONG KONG: China's yuan fell against the dollar on Monday after the central bank set the daily midpoint at its lowes

Published 12 May, 2014 04:45am

Financial

Sri Lankan rupee rises to over 10-month high as central bank allows gain

COLOMBO: The Sri Lankan rupee ended 0.06 percent firmer on Friday at its highest level in more than 10 months, as the ce

Published 09 May, 2014 02:25pm

Financial

India rupee hovers close to one-month high

MUMBAI: The Indian rupee gained for a second consecutive session on Friday to a near one-month high, sparking suspected

Published 09 May, 2014 02:24pm

Financial

Euro slips further but little faith in dollar rally

LONDON: The euro fell another third of a percent against the dollar on Friday after strong words from European Central B

Published 09 May, 2014 02:20pm

Financial

Euro, dollar on soft ground over Ukraine, ECB comment

TOKYO: The dollar was delicately balanced in Asia on Friday as investors braced for disputed local independence referend

Published 09 May, 2014 11:33am

Financial

Philippine peso NDFs near 6 month high after inflation outlook raised; baht falls

SINGAPORE: The peso hit a near six-month high in the offshore non-deliverable forwards market on Thursday after the Phil

Published 08 May, 2014 09:44am

Financial

NZ dollar faces selling as markets trim rate rise bets

WELLINGTON: Growing signs that the New Zealand dollar could be in for a fall may grant the Reserve Bank of New Zealand&#

Published 08 May, 2014 07:43am

Financial

Sri Lankan rupee steady amid lower credit, imports; stocks up

COLOMBO: The Sri Lankan rupee traded flat on Thursday as importer dollar demand was offset by exporter sales of the gree

Published 08 May, 2014 06:52am

Financial

Dollar mixed in Asia after Fed chief comments

TOKYO: The dollar was mixed in Asia Thursday after it rose on Federal Reserve Chair Janet Yellen's comments that the

Published 08 May, 2014 06:38am

Financial

Australia dollar shines after upbeat data, NZ dollar struggles

SYDNEY/WELLINGTON: The Australian dollar received a fillip on Thursday from upbeat data in Australia and China, while th

Published 08 May, 2014 06:24am

Financial

Yuan steadies after trade data, market braces for greater volatility

SHANGHAI: China's yuan gained a touch on Thursday as positive trade data helped to reverse a sudden decline in the c

Published 08 May, 2014 06:11am

Financial

Dollar mixed in Asia after Fed chief comments

TOKYO: The dollar was mixed in Asia Thursday after it rose on Federal Reserve Chair Janet Yellen's comments that the

Published 08 May, 2014 05:16am

Financial

S.Korea April FX reserves rise to new record high

SEOUL: South Korea's foreign reserves rose $1.5 billion in April to a fresh record high, central bank data showed on

Published 07 May, 2014 10:47pm

Financial

Indian rupee ends marginally weaker after hitting one-month high

MUMBAI: The Indian rupee fell slightly on Wednesday, retreating from a one-month high hit earlier as a sharp fall in loc

Published 07 May, 2014 01:54pm

Financial

Won leads Asia FX gains; baht firms after court says PM must exit

SINGAPORE: The South Korean won hit a near six-year high on Wednesday, leading gains among emerging Asian currencies, a

Published 07 May, 2014 08:30am

Financial

Sri Lankan rupee steady amid upward pressure; stocks up

COLOMBO: The Sri Lankan rupee traded flat on Wednesday in thin trade and dealers expect the currency to be stable in the

Published 07 May, 2014 07:54am

Financial

Kiwi rattled by central bank warning, dollar steadies

LONDON: The New Zealand dollar was the main mover on developed currency markets overnight, falling more than half a cent

Published 07 May, 2014 07:53am

Financial

India rupee hits 1 month high, but more gains seen capped

MUMBAI: The Indian rupee strengthened to above 60 per dollar on Wednesday boosted by gains in other Asian currencies and

Published 07 May, 2014 05:50am

Financial

Dollar wallowing close to recent lows as Yellen awaited

TOKYO/SYDNEY: The US dollar languished close to six-month lows against a basket of major currencies on Wednesday, as inv

Published 07 May, 2014 05:40am

Financial

South Korea won climbs to near 6-year high, stocks on losing streak

SEOUL: The South Korean won rose to a fresh nearly six-year high on Wednesday morning after a long public holiday as the

Published 07 May, 2014 04:43am

Financial

RBNZ jawboning hurts kiwi dollar, Australian dollar holds gains

SYDNEY/WELLINGTON: The recent ascent of the New Zealand dollar was rudely interrupted on Wednesday after the country&#39

Published 07 May, 2014 04:41am

Financial

China's yuan hits 3-week high as depreciation trend loses steam

SHANGHAI: China's yuan rose to three-week highs on Wednesday as traders questioned whether a third day of gains was

Published 07 May, 2014 04:28am

Financial

Dollar edges down in Asia

TOKYO: The dollar eased in Asia on Wednesday, extending losses seen in New York, as investors await the Congressional te

Published 07 May, 2014 03:54am

Financial

Australia & NZ dollars firm, RBA steady as she goes

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were firm on Tuesday after Australia's central bank left i

Published 06 May, 2014 07:26am

Financial

Sri Lankan rupee tad firmer; under upward pressure on inflows

COLOMBO: The Sri Lankan rupee edged up on Tuesday in dull trade due to stock-related inflows and exporter dollar sales w

Published 06 May, 2014 07:06am

Financial

Dollar holds steady amid Ukraine tensions

SINGAPORE: The US dollar was mixed in quiet Asian trade Tuesday, holding on to advances against the yen enjoyed in New Y

Published 06 May, 2014 06:43am

Financial

Australia & NZ dollars firm, RBA eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were firm on Tuesday with investors focused on a policy review

Published 06 May, 2014 05:19am

Financial

Yuan rides high as central bank reverses course to stem depreciation

SHANGHAI: China's yuan hit its strongest point in two weeks on Tuesday, as traders detected signs of central bank in

Published 06 May, 2014 05:04am

Financial

Dollar holds steady amid Ukraine tensions

SINGAPORE: The US dollar held steady in quiet Asian trade Tuesday, holding on to advances against the yen enjoyed in New

Published 06 May, 2014 03:58am

Financial

Sri Lankan rupee steady; seen stable until imports, credit pick up

COLOMBO: The Sri Lankan rupee was steady on Monday as thin importer dollar demand offset exporter dollar sales, while de

Published 05 May, 2014 09:28am

Financial

Ringgit leads Asia FX gains after US jobs data; GDP miss weighs on rupiah

SINGAPORE: The Malaysian ringgit led gains in emerging Asian currencies on Monday as US job data was not seen as strong

Published 05 May, 2014 09:22am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar weakened in Asian trade Monday following a mixed US jobs report last week while traders await the

Published 05 May, 2014 06:49am

Financial

Yuan set for best day in 4 weeks on corporate demand

SHANGHAI: China's yuan headed towards its biggest one-day gain in four weeks on Monday, as corporates bet that a rec

Published 05 May, 2014 05:49am

Financial

Dollar steadier after post-jobs volatility; Ukraine in focus

SYDNEY: The dollar got off to a cautious start on Monday having staged a curious reversal late last week that saw it era

Published 05 May, 2014 05:38am

Financial

Australian dollar wilts as data disappoints, kiwi follows suit

SYDNEY/WELLINGTON: The Australian dollar slipped on Monday following a batch of disappointing data at home and in China,

Published 05 May, 2014 05:33am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar weakened in Asian trade Monday following a mixed US jobs report last week while traders await the

Published 05 May, 2014 04:27am

Financial

Bangladesh forex reserves hit record high in April

DHAKA: Bangladesh's foreign exchange reserves reached a record high $20.37 billion at the end of April, more than 37

Published 04 May, 2014 07:52am

Financial

Sri Lankan rupee weaker in importer dollar demand; seen steady

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to light importer dollar demand in dull trade, but dealers expe

Published 02 May, 2014 01:55pm

Financial

Indian rupee hits three-week high; focus on US jobs data

MUMBAI: The Indian rupee rose to a three-week high on Friday, posting its first weekly gain in five, helped by dollar se

Published 02 May, 2014 01:38pm

Financial

Dollar higher in Asia before US jobs data

TOKYO: The dollar strengthened in Asia on Friday as upbeat comments from the Federal Reserve and positive data supported

Published 02 May, 2014 05:36am

Financial

Dollar moves in tight range in Asia after Fed meeting

TOKYO: The dollar moved in a tight range in Asia on Thursday after the US Federal Reserve said it would make another cut

Published 01 May, 2014 01:03pm

Financial

Falling yuan pulls down Asia FX, but most see gains in April

SINGAPORE: Most emerging Asian currencies slid on Wednesday as the Chinese yuan lost ground and the dollar held firm ahe

Published 30 Apr, 2014 09:05am

Financial

Euro nurses losses after soft German inflation, yen eyes BoJ

SYDNEY: The euro nursed broad losses early on Wednesday, having been put under pressure by soft German inflation numbers

Published 30 Apr, 2014 06:26am

Financial

Indian rupee at over one-week high on large dollar sales by exporters

MUMBAI: The Indian rupee rose to its highest in more than a week on Wednesday, on heavy dollar selling by exporters and

Published 30 Apr, 2014 06:19am

Financial

Australia, NZ dollars off 1-month lows but caution ahead

SYDNEY/WELLINGTON: The Australian and New Zealand dollars crept up from one-month lows on Wednesday, but investors staye

Published 30 Apr, 2014 06:17am

Financial

Falling yuan weighs on Asia FX, but most set to see good April

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the Chinese yuan lost ground and on a broad dollar stren

Published 30 Apr, 2014 05:55am

Financial

Sri Lankan rupee flat in dull trade; stocks up on large caps

COLOMBO: The Sri Lankan rupee was little changed in dull trade on Tuesday as exporter dollar sales offset importer deman

Published 29 Apr, 2014 06:44am

Financial

Dollar mixed in Asia ahead of Fed meeting

SINGAPORE: The dollar was mixed in quiet Asian trade Tuesday as traders await the outcome of a US Federal Reserve policy

Published 29 Apr, 2014 06:16am

Financial

Euro edges up ahead of inflation test, sterling supported

SYDNEY/SINGAPORE: The euro held firm against the dollar on Tuesday after a solid performance the day before as expectati

Published 29 Apr, 2014 06:06am

Financial

South Korea won hits near 6-year high, stocks ease to 1-month low

SEOUL: The South Korean won inched higher and briefly hit its strongest level in nearly six years on Tuesday morning, fa

Published 29 Apr, 2014 05:32am

Financial

Australia & NZ dollars pinned near 1 month lows, weighed by euro gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near one-month lows on Tuesday, weighed by month-end f

Published 29 Apr, 2014 05:26am

Financial

China's yuan steady, oil firms' dollar demand offsets strong midpoint

SHANGHAI: China's yuan barely moved on Tuesday, with traders saying that dollar demand from oil giants offset anothe

Published 29 Apr, 2014 05:01am

Financial

Won leads Asia FX gains as yuan firms; Fed in focus

SINGAPORE: The South Korean won led gains among emerging Asian currencies on Monday, underpinned by the yuan's rebou

Published 28 Apr, 2014 08:26am

Financial

Sri Lankan rupee tad weaker in dull trade; stocks up

COLOMBO: The Sri Lankan rupee traded little changed on Monday in light trade as exporter dollar sales offset importer de

Published 28 Apr, 2014 06:52am

Financial

Australian and New Zealand dollars look offshore for inspiration

SYDNEY/WELLINGTON: The Australian dollar was modestly bid on Monday after two straight weeks of declines, while its New

Published 28 Apr, 2014 06:04am

Financial

South Korea won firms on exporter demand, stocks inch up

SEOUL: The South Korean won rose against the dollar on Monday morning, buoyed by demand from exporters for month-end set

Published 28 Apr, 2014 06:03am

Financial

China's yuan rebounds on PBOC guidance, but weakness seen lingering

SHANGHAI: China's yuan rebounded against the dollar on Monday after the central bank firmed its official midpoint fo

Published 28 Apr, 2014 05:52am

Financial

Yen firm in Asia on Ukraine tensions

TOKYO: The yen held firm in Asia Monday as jittery investors watched the latest developments in the Ukraine crisis, whil

Published 28 Apr, 2014 05:48am

Financial

Yen edges up in Asia on Ukraine tensions

TOKYO: The yen edged up in Asia Monday as jittery investors watched the latest developments in the Ukraine crisis, while

Published 28 Apr, 2014 05:05am

Financial

India's forex reserves fall to $309.41bn as of April 18

MUMBAI: India's foreign exchange reserves fell to $309.41 billion as of April 18 from $309.44 billion in the week ea

Published 25 Apr, 2014 12:53pm

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended a tad firmer on Friday as exporter dollar sales outpaced light importer demand for t

Published 25 Apr, 2014 12:52pm

Financial

Euro adds to New York gains, dollar up against yen

TOKYO: The euro edged up in Asia on Friday, adding to gains in New York after a survey of German business confidence bea

Published 25 Apr, 2014 05:29am

Financial

Dollar weaker in Asia as US, Japan fail to seal trade deal

TOKYO: The dollar weakened in Asia Thursday as the United States and Japan failed to break a deadlock holding up a Pacif

Published 24 Apr, 2014 07:59am

Financial

Dollar weaker in Asia as Obama, Abe holds talks

TOKYO: The dollar weakened in Asia on Thursday with traders eyeing a visit by US President Barack Obama to Japan hoping

Published 24 Apr, 2014 04:21am

Financial

Dollar mixed in Asia as traders eye Obama tour

TOKYO: The dollar was mixed against the yen and euro in Asia on Wednesday, with traders looking for developments in US-J

Published 23 Apr, 2014 06:54am

Financial

China yuan hits 16-month low against dollar

SHANGHAI: China's yuan currency extended its downtrend against the dollar Wednesday to hit a 16-month low, despite t

Published 23 Apr, 2014 06:10am

Financial

Hong Kong stocks down 0.72pc by lunch

HONG KONG: Shares in Hong Kong fell 0.72 percent on Wednesday morning as investors brushed off preliminary data showing

Published 23 Apr, 2014 05:00am

Financial

Dollar holds steady, eyes on Obama Asia tour

TOKYO: The dollar held steady against the yen in Asia on Wednesday, with traders looking for developments in US-Japan fr

Published 23 Apr, 2014 04:59am

Financial

India rupee hits 1-month low on heavy dollar demand from oil firms

MUMBAI: The Indian rupee fell on Tuesday to its weakest level against the dollar since March 21, weighed down by heavy g

Published 22 Apr, 2014 10:00am

Financial

Rupiah leads Asia FX slide as yuan hits 14-month low

SINGAPORE: Most emerging Asian currencies eased on Tuesday as China's yuan fell to its weakest in 14 months, with th

Published 22 Apr, 2014 09:33am

Financial

Dollar steady in Asia ahead of US housing data

TOKYO: The dollar held steady in Asia Tuesday ahead of US housing data, while the yen was under pressure after a record

Published 22 Apr, 2014 07:05am

Financial

Sri Lanka rupee steady as key policy rate unchanged; stocks up

COLOMBO: The Sri Lankan rupee was steady in dull trade on Tuesday after the central bank kept its key policy rate unchan

Published 22 Apr, 2014 06:40am

Financial

China's yuan hits 14-month low, down 3pc this year

SHANGHAI: China's yuan traded at its weakest against the dollar in 14 months on Tuesday, after the central bank set

Published 22 Apr, 2014 06:34am

Financial

Australian dollar edges up ahead of data; kiwi lags

SYDNEY/WELLINGTON: The Australian dollar rose on Tuesday ahead of local inflation data that could prompt markets into br

Published 22 Apr, 2014 05:30am

Financial

Dollar steady in Asia ahead of jobs data

TOKYO: The dollar held steady in Asia Tuesday ahead of US jobs data, while the yen was under pressure after a record Jap

Published 22 Apr, 2014 04:10am

Financial

Sri Lanka rupee steady in dull trade; stocks up

COLOMBO: The Sri Lanka rupee was steady on Monday in light trade, a day before the central bank's policy rate announ

Published 21 Apr, 2014 08:43am

Financial

Firm dollar, Ukraine tensions weigh on Asia FX in subdued trading

SINGAPORE: Most emerging Asian currencies eased on Monday as the dollar held strong after upbeat US economic data and on

Published 21 Apr, 2014 08:27am

Financial

The yen under pressure as Japan's trade deficit swells

TOKYO: The yen was weaker against the dollar and the euro in quiet Asian trade Monday after data showed Japan's trad

Published 21 Apr, 2014 06:54am

Financial

Sri Lanka rupee steady in dull trade; stocks up

COLOMBO: The Sri Lanka rupee was steady on Monday in light trade, a day before the central bank's policy rate announ

Published 21 Apr, 2014 06:38am

Financial

Yuan little changed, weakness discourages forex inflows

SHANGHAI: China's yuan barely moved against the dollar on Monday, as the market took its cue from a flat central ban

Published 21 Apr, 2014 06:15am

Financial

South Korea won steady with exporters in focus, shares edge down

SEOUL: The South Korean won was held steady in local trade early on Monday, as several markets remained closed for the E

Published 21 Apr, 2014 05:27am

Financial

Rupiah leads Asia FX weakness in holiday-thinned trade

SINGAPORE: Most emerging Asian currencies eased on Monday as the dollar stayed firm after upbeat US economic data and on

Published 21 Apr, 2014 05:03am

Financial

Rupiah leads Asia FX weakness in holiday-thinned trade

SINGAPORE: Most emerging Asian currencies eased on Monday as the dollar stayed firm after upbeat US economic data and on

Published 21 Apr, 2014 05:01am

Financial

Dollar up against yen as Japan's trade deficit swells

TOKYO: The dollar rose against the yen in quiet Asian trade Monday after data showed Japan's trade deficit quadruple

Published 21 Apr, 2014 04:48am

Financial

India's forex reserves rise to $309.44bn as of April 11

MUMBAI: India's foreign exchange reserves rose to $309.44 billion as of April 11 from $306.65 billion in the week ea

Published 18 Apr, 2014 12:26pm

Financial

Dollar steady in Asia on US jobs data, Ukraine deal

TOKYO: The dollar was steady in quiet Asian trade Friday, winning support from positive US jobs data and a deal between

Published 18 Apr, 2014 06:34am

Financial

Dollar up in Asia on US jobs data, Ukraine deal

TOKYO: The dollar rose in quiet Asian trade Friday, winning support from positive US jobs data and a deal between Russia

Published 18 Apr, 2014 04:01am

Financial

Sri Lankan rupee steady in dull trade; stocks gain

COLOMBO: The Sri Lankan rupee traded steady on Thursday in dull trade as many factories were closed for business after t

Published 17 Apr, 2014 07:57am

Financial

Dollar lower in Asia after upbeat data, Beige Book

TOKYO: The dollar drifted lower in Asia Thursday as upbeat US data and dovish comments from Federal Reserve chair Janet

Published 17 Apr, 2014 06:48am

Financial

Yen reclaims lost ground against dollar, euro

TOKYO/SYDNEY: The yen bounced back from a one-week low against the dollar on Thursday, with investors taking their cues

Published 17 Apr, 2014 06:17am

Financial

Yen grinds lower as global stocks rally, dollar holds steady

SYDNEY: The yen wallowed at one-week lows against the dollar early on Thursday, having eased broadly overnight as a rall

Published 17 Apr, 2014 05:40am

Financial

South Korea won nearly flat, stocks edge down on institutions

SEOUL: The South Korean won crawled up but was nearly flat early on Thursday after comments by the US Federal Reserve ch

Published 17 Apr, 2014 05:25am

Financial

Australian and NZ dollars subdued as holiday lull sets in

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held their ground against the greenback on Thursday but were t

Published 17 Apr, 2014 05:18am

Financial

China's yuan edges up slightly, guided by stronger midpoint

HONG KONG: China's yuan edged up slightly on the dollar on Thursday, after the central bank guided the midpoint away

Published 17 Apr, 2014 05:11am

Financial

Dollar lower in Asia after upbeat data, Beige Book

TOKYO: The dollar drifted lower in Asia Thursday as upbeat US data and dovish comments from Federal Reserve chair Janet

Published 17 Apr, 2014 04:59am

Financial

China defends exchange rate after US Treasury warning

BEIJING: China on Wednesday defended the valuation of its currency and pushed back against a US Treasury report expressi

Published 16 Apr, 2014 12:34pm

Financial

Yen weakens in Asia as buoyant stocks boost sentiment

TOKYO: The yen weakened in Asia on Wednesday as the head of the Bank of Japan said the country was on target to meet its

Published 16 Apr, 2014 07:42am

Financial

Dollar holds steady in Asia on upbeat US economy view

TOKYO: The dollar held firm in Asia on Tuesday after solid retail sales data boosted confidence in the US economy while

Published 15 Apr, 2014 06:52pm

Financial

Australia & NZ dollars steadier, up against euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed against a broadly softer euro on Monday and were gener

Published 14 Apr, 2014 05:32am

Financial

China's yuan holds steady as market awaits Q1 data

HONG KONG: China's yuan held steady against the dollar on Monday following a weaker official midpoint, with the mark

Published 14 Apr, 2014 05:23am

Financial

Euro down in Asia on Draghi easing comments

TOKYO: The euro weakened in Asia Monday after European Central Bank chief Mario Draghi said policymakers may need to tak

Published 14 Apr, 2014 04:11am

Financial

Won leads Asia FX weekly gains, but rupiah down

SINGAPORE: The South Korean won led weekly gains among emerging Asian currencies with funds flowing into the region'

Published 11 Apr, 2014 01:03pm

Financial

Dollar edges up in Asian trade

TOKYO: The dollar on Friday clawed back some of the losses suffered against the yen earlier in the week as investors wel

Published 11 Apr, 2014 05:31am

Financial

Yuan weaker, despite dollar decline after soft export data

SHANGHAI: China's yuan slipped on Thursday after exports declined for a second consecutive month in March, but some

Published 10 Apr, 2014 07:50am

Financial

Australia, NZ dollars surge on upbeat local data and rate outlook

SYDNEY/WELLINGTON: The Australian dollar climbed to a 4-1/2-month peak on Thursday as startlingly strong jobs data added

Published 10 Apr, 2014 05:50am

Financial

Dollar stung by Fed minutes, Aussie rises on solid jobs data

SYDNEY/SINGAPORE: The dollar hit a three-week low versus a basket of major currencies on Thursday after minutes from the

Published 10 Apr, 2014 05:37am

Financial

Indonesia rupiah falls after election margin disappoints opposition

SINGAPORE: The Indonesian rupiah fell on Thursday, a day after the main opposition party failed to win enough votes in p

Published 10 Apr, 2014 05:35am

Financial

NZ dollar extends gains, hits 2 1/2-year high vs US dollar

WELLINGTON: The New Zealand dollar hit a 2 1/2-year high against the US dollar on Thursday as investors speculated its r

Published 10 Apr, 2014 05:32am

Financial

South Korea won rises to near 6-year high, stocks inch up

SEOUL: The South Korean won hit its strongest level in almost six years on Thursday morning, buoyed by demand from expor

Published 10 Apr, 2014 05:27am

Financial

Taiwan dollar rises to over 2-month high

TAIPEI: The Taiwan dollar soared to its highest level in more than two months in early trade on Thursday. The local curr

Published 10 Apr, 2014 05:26am

Financial

South Korea's won surges to pre-crisis level

SEOUL: South Korea's won surged Wednesday to its highest level since before the global financial crisis, sparking co

Published 09 Apr, 2014 12:22pm

Financial

Dollar claws back some losses against yen in Asia

TOKYO: The dollar on Wednesday edged up against the yen after tumbling in New York trade after the head of the Bank of J

Published 09 Apr, 2014 04:53am

Financial

Yen rises in Asia after BoJ chief quashes stimulus hopes

TOKYO: The yen rose in Asia Tuesday as the head of the Bank of Japan quashed hopes for an imminent expansion to its stim

Published 08 Apr, 2014 12:55pm

Financial

Sri Lankan rupee recovers on inflows, exporter dollar sales; shares up

COLOMBO: The Sri Lankan rupee recovered on Tuesday due to remittances from migrant workers and exporter dollar sales ahe

Published 08 Apr, 2014 06:28am

Financial

Yuan rises slightly in minimal volatility after US warning

SHANGHAI: The yuan strengthened slightly on Tuesday as the central bank firmed the official guidance rate, but volatilit

Published 08 Apr, 2014 05:52am

Financial

Australian dollar takes a breather, NZD up for 3rd session

SYDNEY/WELLINGTON: The Australian dollar conserved its energy on Tuesday after repeatedly failing to break resistance ab

Published 08 Apr, 2014 05:28am

Financial

Yen gains in Asia after BoJ wraps up meeting

TOKYO: The yen extended its gains in Asia Tuesday as the Bank of Japan stood pat on its monetary easing programme while

Published 08 Apr, 2014 04:46am

Financial

US jobs data supports Asia FX; won dips on intervention caution

SINGAPORE: Most emerging Asian currencies rose on Monday after the latest US jobs report was not seen as strong enough t

Published 07 Apr, 2014 09:22am

Financial

Sri Lankan rupee slips on stock-related outflows; shares off 7-week high

COLOMBO: The Sri Lanka rupee traded weaker on Monday due to dollar demand for stock-related outflows, but it was expecte

Published 07 Apr, 2014 07:18am

Financial

Dollar under pressure in Asia after jobs data

TOKYO: The dollar faced downward pressure in Asia on Monday as investors bet the Federal Reserve will not speed up the p

Published 07 Apr, 2014 06:37am

Financial

Australia, NZ dollars hold near highs vs USD and euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near recent highs versus their US counterpart and the eur

Published 07 Apr, 2014 05:47am

Financial

Dollar under pressure in Asia after jobs data

TOKYO: The dollar faced downward pressure in Asia on Monday as investors bet the Federal Reserve will not speed up the p

Published 07 Apr, 2014 04:06am

Financial

US jobs caution weighs on Asia FX, baht falls on politics

SINGAPORE: Most emerging Asian currencies eased on Friday, ahead of US jobs data, and suffered weekly losses, while the

Published 04 Apr, 2014 12:10pm

Financial

Euro weakens in Asia after Draghi comments

TOKYO: The euro extended its losses in Asia on Friday after the head of the European Central Bank (ECB) signalled he was

Published 04 Apr, 2014 05:30am

Financial

Euro knocked lower by dovish ECB, US jobs data next

SYDNEY: The euro traded at one-month lows against the dollar early on Friday, having suffered a bit of a setback after t

Published 03 Apr, 2014 11:48pm

Financial

Euro mixed in Asia ahead of ECB meet

TOKYO: The euro was mixed in Asia Thursday as investors turn their attention to a European Central Bank (ECB) policy mee

Published 03 Apr, 2014 04:38am

Financial

Dollar up in Asia on manufacturing data

TOKYO: The dollar extended its gains against the yen in Asia Wednesday after upbeat manufacturing data from the United S

Published 02 Apr, 2014 07:18am

Financial

Risk appetite supports Asia FX; stock inflows lift won, Taiwan dollar

SINGAPORE: Most emerging Asian currencies extended gains on Wednesday as risk sentiment improved with strong US economic

Published 02 Apr, 2014 05:29am

Financial

Yen extends slide as equities rally, euro firms before ECB

SYDNEY/TOKYO: The yen found little reprieve on Wednesday and hit a 10-week low against the dollar, as risk appetite stay

Published 02 Apr, 2014 04:55am

Financial

Australia and NZ dollars dip after soft data, profit taking

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were lower against the US dollar on Wednesday as a mix of soft

Published 02 Apr, 2014 04:53am

Financial

China's central bank guides yuan up again, may be sending stability signal

SHANGHAI: China's yuan edged up against the dollar on Wednesday for the second day after the central bank again fixe

Published 02 Apr, 2014 04:34am

Financial

Dollar steady in Asia ahead of jobs data

TOKYO: The dollar held steady in Asia Tuesday as investors await the release of US jobs data later in the week, while th

Published 01 Apr, 2014 06:48am

Financial

China's yuan rises along with mid-point, market awaits central bank guidance

SHANGHAI: China's yuan edged up against the dollar on Tuesday, taking cues from a slightly higher official mid-point

Published 01 Apr, 2014 05:57am

Financial

Dollar steady in Asia ahead of jobs data

TOKYO: The dollar held steady in Asia Tuesday as investors await the release of US jobs data later in the week, while th

Published 01 Apr, 2014 05:20am

Financial

China's yuan closes weaker, suffers 2nd biggest monthly loss ever

SHANGHAI: China's yuan closed weaker against the dollar on Monday and posted its second-biggest monthly loss on reco

Published 31 Mar, 2014 09:15am

Financial

Sri Lankan rupee steady despite downward pressure; stocks up

COLOMBO: The Sri Lankan rupee traded steady on Monday despite importer dollar demand and stocks-related outflows, as ban

Published 31 Mar, 2014 08:29am

Financial

Australian & NZ dollars gain vs yen, eye RBA & China

SYDNEY/WELLINGTON: The Australian and New Zealand dollars consolidated recent gains on Monday, with the kiwi hitting a s

Published 31 Mar, 2014 05:42am

Financial

China's yuan slips, heads for 2nd biggest monthly loss ever

SHANGHAI: China's yuan eased against the dollar on Monday after the central bank fixed its official mid-point at a s

Published 31 Mar, 2014 05:26am

Financial

Yen weakens in Asia on BoJ easing speculation

TOKYO: The yen eased in Asia Monday as surprisingly weak Japanese factory output boosted speculation that the Bank of Ja

Published 31 Mar, 2014 04:39am

Financial

Indian rupee hits eight-month high; central bank seen buying dollars

MUMBAI: The Indian rupee faced stiff resistance after hitting its highest level in eight months on Friday as the central

Published 28 Mar, 2014 11:31am

Financial

India debt, FX markets to close on April 1: CCIL official

MUMBAI: India's foreign exchange and debt markets, including money markets, are closed on April 1, confirmed an offi

Published 28 Mar, 2014 06:52am

Financial

Yen up in Asia after upbeat Japan inflation data

TOKYO: The yen inched higher in Asia on Friday after Japan published upbeat inflation data that reduced the immediate li

Published 28 Mar, 2014 05:54am

Financial

Yen rises in Asia after upbeat Japan inflation data

TOKYO: The yen inched higher in Asia on Friday after Japan published upbeat inflation data which reduced the immediate l

Published 28 Mar, 2014 04:41am

Financial

Sri Lankan rupee steady despite importer dollar demand; stx up

COLOMBO: The Sri Lankan rupee traded steady on Thursday despite importer dollar demand as dealers were reluctant to trad

Published 27 Mar, 2014 07:46am

Financial

Yen-repatriation ‘fiesta’ becomes legacy as more Japan exporters move abroad

TOKYO: For yen traders, March used to be a month when they needed to be extra careful in selling the Japanese currency b

Published 27 Mar, 2014 07:28am

Financial

Australia & NZ dollars maintain solid momentum against US dollar & euro

SYDNEY/WELLINGTON: The Australian dollar held firm near four-month peaks against its US counterpart and the euro on Thur

Published 27 Mar, 2014 05:41am

Financial

South Korea won rises to 1-week high on exporters, Aramco eyed

SEOUL: The South Korean won rose for a second session to its highest in a week early on Thursday, as local exporters sol

Published 27 Mar, 2014 05:32am

Financial

Euro struggles after ECB officials reopen easing debate; yen firmer

TOKYO/SINGAPORE: The euro held steady near recent lows versus the dollar on Thursday after comments from European Centra

Published 27 Mar, 2014 05:30am

Financial

China's yuan falls as central bank sets weaker mid-point for second day

HONG KONG: China's yuan fell against the dollar on Thursday after the central bank set a weaker mid-point for the se

Published 27 Mar, 2014 05:17am

Financial

Dollar ticks up after Wall Street sell-off

TOKYO: The dollar edged up against the yen in Asia Thursday after falling in US trade on concerns about the US banking s

Published 27 Mar, 2014 04:48am

Financial

Sri Lankan rupee steady despite importer dollar demand

COLOMBO: The Sri Lankan rupee traded steady on Wednesday despite importer dollar demand as dealers were reluctant to tra

Published 26 Mar, 2014 07:44am

Financial

Dollar firms after solid consumer confidence data

TOKYO: The dollar firmed against other currencies in Asia on Wednesday, extending gains on data showing US consumer conf

Published 26 Mar, 2014 05:24am

Financial

Indonesia raises 461bn rupiah from Islamic bonds, well below target

JAKARTA: Indonesia's finance ministry sold 461 billion rupiah ($40.5 million) of Islamic bonds on Tuesday, well belo

Published 25 Mar, 2014 08:44am

Financial

Euro dips in Asia as analysts warn on Russia

TOKYO: The euro weakened in Asia on Tuesday after rallying in New York as analysts warned of downside risks if Western l

Published 25 Mar, 2014 07:31am

Financial

Indian rupee surges on hope of political stability

MUMBAI: India's currency hit its strongest level in 2014 on Tuesday as hopes grew that a stable and business-friendl

Published 25 Mar, 2014 07:27am

Financial

Sri Lankan rupee edges down on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee traded slightly weaker on Tuesday due to light importer dollar demand in the absence of st

Published 25 Mar, 2014 07:06am

Financial

Euro maintains Wall St gains, analysts warn on Russia

TOKYO: The euro was flat in Asian trade Tuesday after enjoying a rally in New York but analysts warned of downside risks

Published 25 Mar, 2014 06:07am

Financial

South Korea won crawls up on weak dollar, but steady ahead of data

SEOUL: The South Korean won crept up for a second day early on Tuesday as the greenback weakened on a survey that showed

Published 25 Mar, 2014 04:59am

Financial

Australian dollar breaks resistance to hit 2014 high

SYDNEY: The Australian dollar rose on Tuesday to its highest level this year, driven by stop-loss buying that pushed it

Published 25 Mar, 2014 04:57am

Financial

Indian rupee hits more than 7-month high; shares in focus

MUMBAI: The Indian rupee strengthened to its highest level in more than seven months on Tuesday, tracking broad global l

Published 25 Mar, 2014 04:48am

Financial

China's yuan consolidates gains as investors unwind long dollar positions

HONG KONG: China's yuan consolidated against the dollar on Tuesday, following another stronger mid-point set by the

Published 25 Mar, 2014 04:44am

Financial

Dollar off recent highs, hampered by doubts about US growth momentum

SYDNEY/SINGAPORE: The dollar held steady against a basket of major currencies on Tuesday, keeping a low profile after sl

Published 25 Mar, 2014 04:41am

Financial

Sri Lankan rupee steady in dull trade; stocks edge down

COLOMBO: The Sri Lankan rupee traded steady on Monday in light trade as importer dollar demand was offset by dollar sale

Published 24 Mar, 2014 09:29am

Financial

Dollar holds on to gains in Asia

TOKYO: The dollar held steady Monday following a surge last week on comments from Federal Reserve head Janet Yellen as T

Published 24 Mar, 2014 07:31am

Financial

South Korea won ends higher on yuan rebound, foreign stock inflows

SEOUL: The South Korean won ended higher in domestic trade on Monday, tracking other emerging currencies' gains on t

Published 24 Mar, 2014 06:37am

Financial

South Korea won flat, gives up initial gains on China PMI

SEOUL: The South Korean won was nearly flat in early domestic trade on Monday, giving up initial gains after a weak Chin

Published 24 Mar, 2014 06:14am

Financial

Australia & NZ dollars dip modestly on disappointing China factory activity

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged lower on Monday after a disappointing Chinese manufactur

Published 24 Mar, 2014 06:13am

Financial

China's yuan rebounds from 13-month low, outlook bumpy

HONG KONG: China's yuan bounced from a 13-month low against the dollar on Monday as investors bet the currency's

Published 24 Mar, 2014 06:01am

Financial

Dollar holds steady in Asia

TOKYO: The dollar held steady Monday following a surge last week on comments from Fed Chief Janet Yellen as Tokyo shares

Published 24 Mar, 2014 04:58am

Financial

China's yuan steadies, but still posts record weekly loss

HONG KONG: China's yuan hit a 13-month low on Friday and posted its biggest weekly drop after the central bank stepp

Published 21 Mar, 2014 12:09pm

Financial

Dollar eases in Asian trade

SINGAPORE: The dollar eased in Asian trade Friday but maintained most of its gains after Federal Reserve head Janet Yell

Published 21 Mar, 2014 05:26am

Financial

Dollar rally pauses as markets await Fed speakers

SYDNEY: The U.S. dollar hovered near a three-week peak against a basket of major currencies early on Friday, but could s

Published 20 Mar, 2014 11:41pm

Financial

China's yuan currency fell to nearly 13-month low

SHANGHAI: China's yuan weakened against the US dollar on Thursday to its lowest level in nearly 13 months, but analy

Published 20 Mar, 2014 12:40pm

Financial

Yellen shock, weak yuan hit Asia FX; more losses seen

SEOUL: The Indonesian rupiah led losses among emerging Asian currencies on Thursday as Federal Reserve Chair Janet Yelle

Published 20 Mar, 2014 08:51am

Financial

Sri Lankan rupee steady in dull trade; forwards pick up

COLOMBO: The Sri Lankan rupee traded steady on Thursday on thin trading volumes, while currency forwards traded actively

Published 20 Mar, 2014 08:18am

Financial

South Korea won falls to 3-1/2 week low as Fed boosts dollar

SEOUL: The South Korean won fell to its lowest in three and a half weeks on Thursday after the US dollar broadly advance

Published 20 Mar, 2014 06:37am

Financial

Dollar holds steady after surging on Yellen comments

TOKYO: The dollar held steady in Asia on Thursday, after surging in New York as Federal Reserve chief Janet Yellen hinte

Published 20 Mar, 2014 06:37am

Financial

Yellen shock, weak yuan hit Asia FX; outlook dark

SEOUL: The Indonesian rupiah led losses among emerging Asian currencies on Thursday as Federal Reserve Chair Janet Yelle

Published 20 Mar, 2014 05:44am

Financial

Australia & NZ dollars stung by Fed comments

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were in retreat on Thursday after markets brought forward expe

Published 20 Mar, 2014 05:18am

Financial

South Korea won falls as Fed Chair Yellen's remarks boost dollar

SEOUL: The South Korean won was down in early trade on Thursday, reflecting the dollar's broad advance after Federal

Published 20 Mar, 2014 05:08am

Financial

Dollar firm in Asian on Yellen rate comments

TOKYO: The dollar edged up in Asia on Thursday, adding to gains seen in New York after Federal Reserve chief Janet Yelle

Published 20 Mar, 2014 04:14am

Financial

Weak yuan pulls most Asia FX lower, Fed policy awaited

SEOUL: Most emerging Asian currencies eased on Wednesday because of a weaker Chinese yuan and caution before the Federal

Published 19 Mar, 2014 09:35am

Financial

Sri Lankan rupee firmer on remittances; stocks down

COLOMBO: The Sri Lankan rupee traded a tad firmer on Wednesday as inflows from inward remittances outpaced thin importer

Published 19 Mar, 2014 07:11am

Financial

China's yuan falls to near one-year low as economy worries mount

HONG KONG: China's yuan fell beyond 6.20 to the dollar on Wednesday for the first time since April last year amid ma

Published 19 Mar, 2014 07:09am

Financial

Dollar rises in Asia ahead of Fed meeting

TOKYO: The dollar edged cautiously higher against the yen and euro in Asia on Wednesday as investors awaited the outcome

Published 19 Mar, 2014 06:19am

Financial

Soft yuan, Fed caution weigh on Asia FX; baht outperforms

SEOUL: Most emerging Asian currencies fell on Wednesday, pressured by a weaker Chinese yuan and caution before the Feder

Published 19 Mar, 2014 05:54am

Financial

Dollar steady near 4-month low ahead of Yellen's debut

TOKYO: The dollar stood near its lowest level in more than four months against a basket of currencies on Wednesday, on s

Published 19 Mar, 2014 05:50am

Financial

China's yuan falls over 1pc for first time after band widened

HONG KONG: China's yuan fell more than 1 percent against the dollar on Wednesday, the first time it has fallen by su

Published 19 Mar, 2014 05:07am

Financial

Australia & NZ dollars near multi-month highs vs USD as Fed review looms

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near multi-month highs on Wednesday as risk appetite impr

Published 19 Mar, 2014 05:04am

Financial

South Korea won edges lower, tracking yuan's fall

SEOUL: The South Korean won edged lower early on Wednesday, tracking the yuan's decline but trading in a relatively

Published 19 Mar, 2014 04:52am

Financial

Thai baht at 3 month high as govt lifts Bangkok emergency, most Asia FX down

SEOUL: The Thai baht hit a three-month high on Tuesday, while most emerging Asian currencies fell on a weaker Chinese yu

Published 18 Mar, 2014 09:23am

Financial

Sri Lankan rupee steady in dull trade; stocks slip

COLOMBO: The Sri Lankan rupee traded steady in dull trade as thin importer dollar demand offset light exporter dollar sa

Published 18 Mar, 2014 07:09am

Financial

Yen weakens in Asia despite Crimea tensions

TOKYO: The dollar and euro rose against the yen in Asia Tuesday as investors took in their stride Crimea's vote to l

Published 18 Mar, 2014 06:04am

Financial

China Feb forex purchases 128.2bn yuan, lowest since September

BEIJING: China's central bank and commercial banks purchased 128.2 billion yuan ($20.75 billion) worth of foreign ex

Published 18 Mar, 2014 04:55am

Financial

Australia & NZ dollars firm, RBA rates happily on hold

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were firm on Tuesday as concerns over the Ukraine/Crimea crisi

Published 18 Mar, 2014 04:52am

Financial

South Korea won nearly flat before Fed, BoK chief nominee hearing

SEOUL: The South Korean won was nearly flat early on Tuesday as investors took a breather before this week's US Fede

Published 18 Mar, 2014 04:47am

Financial

China's yuan falls, seen remaining weak in the near term

HONG KONG: China's yuan slipped against the dollar on Tuesday after the central bank, which over the weekend widened

Published 18 Mar, 2014 04:34am

Financial

Yen weakens in Asia despite Crimea tensions

TOKYO: The dollar and euro rose against the yen in Asia Tuesday as investors took in their stride Crimea's vote to l

Published 18 Mar, 2014 04:13am

Financial

Sri Lankan rupee retreats on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday as late importer dollar demand surpassed early dollar sal

Published 17 Mar, 2014 03:38pm

Financial

China's politically-sensitive yuan falls after reform

SHANGHAI: China's yuan weakened against the dollar on Monday after the central bank doubled the trading band for the

Published 17 Mar, 2014 12:52pm

Financial

Sri Lanka rupee up on dollar sales; stocks down

COLOMBO: The Sri Lankan rupee edged up on Monday as a private bank sold dollars obtained from selling gold, dealers said

Published 17 Mar, 2014 09:01am

Financial

Rupiah, won lead Asia FX gains, unfazed by Ukraine, China yuan band widening

SEOUL: Most emerging Asian currencies rose on Monday, shrugging off broader weakness in riskier assets globally after Cr

Published 17 Mar, 2014 08:41am

Financial

Dollar edges up after Crimea breakaway vote

TOKYO: The dollar edged higher in Asia on Monday as investors track events in Eastern Europe after Crimeans voted to bre

Published 17 Mar, 2014 07:10am

Financial

Dollar edges up after Crimea breakaway vote

TOKYO: The dollar edged higher in Asia on Monday as investors track events in Eastern Europe after Crimeans voted to bre

Published 17 Mar, 2014 05:42am

Financial

Yen bolstered by Ukraine tension, China yuan move in focus

TOKYO: The yen began the week at the top of its recent range on Monday as global markets were on edge after Crimean citi

Published 17 Mar, 2014 05:27am

Financial

South Korea won edges up but trades narrowly as eyes on Ukraine

SEOUL: The South Korean won edged up early on Monday, recouping some of last week's steep losses, but investors kept

Published 17 Mar, 2014 05:18am

Financial

Chinese yuan softer after trading band doubled

SHANGHAI: China's yuan weakened against the dollar on Monday after the central bank doubled the currencies' trad

Published 17 Mar, 2014 04:43am

Financial

In doubling yuan trading band, China aggravates foreign investor concerns

SHANGHAI: The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial

Published 16 Mar, 2014 11:20pm

Financial

Yen rises in Asian trade, euro slips from recent highs

TOKYO: The yen rose in Asia Friday, extending gains in New York on concerns about China's economy and the Ukraine cr

Published 14 Mar, 2014 08:06am

Financial

Yen rises in Asian trade

TOKYO: The yen rose in Asia Friday, extending gains in New York on concerns about China's economy and the Ukraine cr

Published 14 Mar, 2014 06:56am

Financial

Sri Lanka rupee weaker at 1 week low on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee fell to a more than one-week low on Thursday due to importer dollar demand from a state ba

Published 13 Mar, 2014 07:32am

Financial

Dollar flat ahead of China data

TOKYO: The dollar was flat in Asia on Thursday as investors await the release of key Chinese economic indicators, while

Published 13 Mar, 2014 06:35am

Financial

Australia dollar jumps on upbeat data, NZ dollar leaps as RBNZ starts tightening

WELLINGTON: The Australian dollar powered up on Thursday following a strong jobs report, while the New Zealand dollar cl

Published 13 Mar, 2014 06:00am

Financial

South Korea won rises, but concerns on China cap gains

SEOUL: The South Korean won was up in early domestic trade Thursday, tracking regional currencies' gains against the

Published 13 Mar, 2014 05:56am

Financial

Indian rupee, bonds rally after better-than-expected CPI data

MUMBAI: The Indian rupee and bonds rallied on Thursday after retail inflation data released after market hours on Wednes

Published 13 Mar, 2014 05:51am

Financial

China's yuan rises in line with PBOC guidance, near-term stability

SHANGHAI: China's yuan rose against the dollar on Thursday as the central bank set a slightly stronger midpoint for

Published 13 Mar, 2014 05:46am

Financial

Dollar weakens in Asian trade

TOKYO: The dollar softened against the yen in light Tokyo trade Wednesday, following the Bank of Japan's decision to

Published 12 Mar, 2014 09:33am

Financial

Dollar weakens in Asian trade

TOKYO: The dollar softened against the yen in light Tokyo trade Wednesday, following the Bank of Japan's decision to

Published 12 Mar, 2014 04:56am

Financial

Sri Lanka rupee hits over 4-month high on remittances; stocks slip

COLOMBO: The Sri Lankan rupee edged up to a more than four-month high on Tuesday due to higher dollar inflows from inwar

Published 11 Mar, 2014 09:35am

Financial

Asia currencies firmer as yuan steadies; rupee shines

SINGAPORE: Emerging Asian currencies edged higher versus the dollar on Tuesday with sentiment improving as the Chinese y

Published 11 Mar, 2014 09:24am

Financial

Dollar range bound in Asia after BoJ keeps policy

TOKYO: The dollar moved in a tight range in Asian trade Tuesday after the Bank of Japan (BoJ) held off launching fresh m

Published 11 Mar, 2014 06:15am

Financial

Yen treads water as investors await BoJ policy decision

TOKYO: The yen wobbled in a narrow range in early Asian trade on Tuesday as investors awaited the latest policy decision

Published 11 Mar, 2014 05:03am

Financial

NZ dollar hits post-float high vs currency basket

WELLINGTON: The New Zealand dollar hit a post-float high against a currency basket on Tuesday ahead of a widely expected

Published 11 Mar, 2014 04:50am

Financial

South Korea won edges higher on exporters, firm yuan

SEOUL: The South Korean won edged higher in tepid morning traden on Tuesday, helped by exporters' dollar selling for

Published 11 Mar, 2014 04:48am

Financial

Dollar rangebound in Asia ahead of BoJ announcement

TOKYO: The dollar moved in a tight range in Asian trade Tuesday ahead of a monetary policy announcement by the Bank of J

Published 11 Mar, 2014 03:58am

Financial

South Korea won ends down on US, China data; snaps 3-day rally

SEOUL: The South Korean won slipped on Monday, snapping a three-day rising streak as the dollar firmed on an upbeat US j

Published 10 Mar, 2014 06:12am

Financial

China's yuan opens down 0.5pc, biggest drop since 2008

SHANGHAI: China's yuan opened trade at 6.1554 per dollar on Monday, down 0.5 percent from Friday's close of 6.12

Published 10 Mar, 2014 05:01am

Financial

Australian and NZ dollars hindered by weak Chinese

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were off multimonth highs against their US counterpart and the

Published 10 Mar, 2014 04:59am

Financial

South Korea won falls on China slowdown fear; exporters support

SEOUL: The South Korean won fell on Monday morning and was on course to snap a three-day rising streak after weak Chines

Published 10 Mar, 2014 04:52am

Financial

Yen gains in Asia as Ukraine crisis flares, BoJ meets

TOKYO: The yen rose in Asia Monday as tensions in Ukraine flared and as the Bank of Japan (BoJ) starts a two-day meeting

Published 10 Mar, 2014 03:55am

Financial

Yuan rebound, firm stocks help Asia FX weekly gains; US jobs data eyed

SINGAPORE: Most emerging Asian currencies rose on Friday to enjoy weekly gains, helped by a rebound in the Chinese yuan

Published 07 Mar, 2014 02:55pm

Financial

Indian rupee gains to 3-month high; shares at record

MUMBAI: The Indian rupee rose to a near three-month high against the dollar on Friday, posting its best week since early

Published 07 Mar, 2014 12:53pm

Financial

Sri Lanka rupee firmer on remittances, bank dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Thursday due to inward remittances and dollar sales by banks in the absenc

Published 06 Mar, 2014 12:43pm

Financial

Indian rupee rises to near three-month peak; dollar inflows help

MUMBAI: The Indian rupee rose on Thursday to its highest level against the dollar this year as strong buying from foreig

Published 06 Mar, 2014 12:41pm

Financial

Sri Lanka rupee steady in thin trade; stocks up

COLOMBO: The Sri Lankan rupee was steady on Thursday in thin trade as inward remittances offset mild importer dollar dem

Published 06 Mar, 2014 09:04am

Financial

Firm yuan, contained Ukraine crisis lift Asia FX; rupiah at 4-month high

SINGAPORE: Emerging Asian currencies rose as the Chinese yuan extended gains and diplomatic efforts helped contain tensi

Published 06 Mar, 2014 08:53am

Financial

Australian dollar energised by glowing trade and retail sales data

SYDNEY/WELLINGTON: The Australian dollar leapt half a cent on Thursday after upbeat retail sales and trade data supporte

Published 06 Mar, 2014 06:30am

Financial

South Korea won firms, tracking regional currencies' strength

SEOUL: The South Korean won reversed its initial losses to rise on Thursday, supported by regional currencies' stren

Published 06 Mar, 2014 06:12am

Financial

Euro on defensive before ECB; Aussie jumps on data

TOKYO: The euro stayed on the defensive on Thursday, having lost ground against its peers as investors prepared for poss

Published 06 Mar, 2014 06:10am

Financial

China's yuan rises for 3rd straight day, PBOC moves to sidelines

SHANGHAI: China's yuan strengthened for a third straight session on Thursday as corporate dollar sales dominated ami

Published 06 Mar, 2014 05:45am

Financial

Dollar edges up in Asia after Fed report

TOKYO: The dollar firmed in Asia on Thursday after a Federal Reserve report boosted optimism over the US economy, while

Published 06 Mar, 2014 03:50am

Financial

Won leads Asia FX gains on easing Ukraine tensions, stronger yuan

SINGAPORE: The South Korean won led gains among emerging Asian currencies on Wednesday as fears of an immediate military

Published 05 Mar, 2014 09:35am

Financial

Sri Lanka rupee slightly up in dull trade; stocks slip

COLOMBO: The Sri Lankan rupee traded slightly up on Wednesday in dull trade as inward remittances outpaced mild importer

Published 05 Mar, 2014 08:17am

Financial

China's yuan edges up as PBOC reduces intervention

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday as the central bank appeared to reduce its in

Published 05 Mar, 2014 06:30am

Financial

Dollar steady in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia Wednesday after rallying in US trade as fears of a conflict over Ukraine eased, bo

Published 05 Mar, 2014 05:41am

Financial

Australian dollar gains as economy shows solid momentum in Q4

SYDNEY/WELLINGTON: The Australian dollar edged up on Wednesday after data showed the resource-rich economy grew at a sol

Published 05 Mar, 2014 05:40am

Financial

South Korea won firms as Ukraine tensions ease, China reforms in focus

SEOUL: The South Korean won inched higher on Wednesday as fears over military conflict in the Ukraine ebbed, but robust

Published 05 Mar, 2014 05:37am

Financial

Yen steady, nurses losses as Ukraine jitters ease

SYDNEY/SINGAPORE: The yen held steady versus the dollar on Wednesday, nursing heavy losses from the previous day as safe

Published 05 Mar, 2014 05:33am

Financial

Peaceful Ukraine solution hopes help Asia FX rebound

SINGAPORE: Most emerging Asian currencies turned higher on Tuesday after Russia's president ordered troops in milita

Published 04 Mar, 2014 08:49am

Financial

Sri Lanka rupee steady amid state bank dollar buying, stocks up

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as two state banks bought dollars from remittances and exporter c

Published 04 Mar, 2014 08:44am

Financial

Euro, dollar up after reports say Russia orders troops back to base

TOKYO: The euro jumped and hit a session high against the dollar on Tuesday after media reports that Russian President V

Published 04 Mar, 2014 07:06am

Financial

Dollar gains on upbeat data, Ukraine fears linger

TOKYO: The dollar rose in Asia Tuesday, supported by a pickup in US manufacturing activity, but fears about the escalati

Published 04 Mar, 2014 06:09am

Financial

China's yuan slips in line with PBOC midpoint, near-term trend unclear

SHANGHAI: China's yuan slipped against the dollar on Tuesday after the central bank set its official midpoint at a t

Published 04 Mar, 2014 05:40am

Financial

South Korea won marginally down on Ukraine unrest, exporters support

SEOUL: The South Korean won slid marginally on Tuesday as rising geopolitical tension in Ukraine prompted further sellin

Published 04 Mar, 2014 05:14am

Financial

Australian dollar pares gains after RBA keeps rates steady

SYDNEY: The Australian dollar erased initial gains on Tuesday after the Reserve Bank of Australia (RBA) kept rates stead

Published 04 Mar, 2014 05:06am

Financial

Yen slips, takes breather after rising on Ukraine jitters

SYDNEY/SINGAPORE: The yen slipped on Tuesday, taking a breather from its recent rally that was sparked by investors floc

Published 04 Mar, 2014 04:55am

Financial

Dollar gains on upbeat data, Ukraine fears linger

TOKYO: The dollar rose in Asia Tuesday, supported by a pickup in US manufacturing activity, but fears about the escalati

Published 04 Mar, 2014 04:05am

Financial

Yen holds ground as Ukraine jitters keep risk at bay

SYDNEY: The yen held onto chunky gains early on Tuesday, having been squeezed higher as skittish investors dumped riskie

Published 03 Mar, 2014 11:30pm

Financial

Yen gains in Asia on Ukraine conflict fears

TOKYO: The yen gathered steam in Asia Monday on rising geopolitical fears as Ukraine mobilised its army with Russian tro

Published 03 Mar, 2014 06:53am

Financial

Bangladesh FX reserves hit record high in February

DHAKA: Bangladesh's foreign exchange reserves stood at an all-time high of $19.15 billion at the end of February, $1

Published 02 Mar, 2014 08:30am

Financial

Dollar falls below 102 yen on US stimulus speculation

TOKYO: The dollar fell below 102 yen in Asia on Friday on speculation that the Federal Reserve could shift its tapering

Published 28 Feb, 2014 05:34am

Financial

China yuan tops Swiss franc in payments currency rank

SHANGHAI: China's yuan has overtaken the Swiss franc to become the seventh most-used currency for payments worldwide

Published 28 Feb, 2014 05:18am

Financial

Dollar falls below 102 yen on US stimulus speculation

TOKYO: The dollar fell below 102 yen in Asia on Friday on speculation that the Federal Reserve could shift its tapering

Published 28 Feb, 2014 04:01am

Financial

Dollar moves narrowly ahead of Yellen testimony

TOKYO: The dollar was stuck in a tight range on Thursday as investors sit on the sidelines before the head of the US Fed

Published 27 Feb, 2014 06:51am

Financial

Australia dollar hit by disappointing data, adds to rate risk

SYDNEY/WELLINGTON: The Australian dollar skidded on Thursday after surprisingly weak business investment numbers led the

Published 27 Feb, 2014 05:35am

Financial

South Korea won pares losses as exporters, yuan lend support

SEOUL: The South Korean won was little changed on Thursday, paring initial losses on month-end dollar selling by exporte

Published 27 Feb, 2014 05:23am

Financial

Yuan again opens weaker than midpoint, flat on the day

HONG KONG: China's yuan briefly fell on Thursday and remained below the official fixing, which the central bank agai

Published 27 Feb, 2014 05:20am

Financial

Dollar eases ahead of Yellen testimony

TOKYO: The dollar eased slightly in quiet trade on Thursday as investors sit on the sidelines before the head of the US

Published 27 Feb, 2014 04:26am

Financial

China declares unusual currency depreciation 'normal'

SHANGHAI: China said Wednesday that a sudden and unusual depreciation in the value of its tightly-controlled yuan curren

Published 26 Feb, 2014 12:13pm

Financial

Dollar edges up as market awaits Fed chief testimony

TOKYO: The dollar edged up in Asia on Wednesday after selling on weak US data petered out ahead of Congressional testimo

Published 26 Feb, 2014 04:56am

Financial

Sri Lanka rupee at near 3-month low; further fall seen

COLOMBO: The Sri Lankan rupee edged down to a near three-month low on Tuesday due to light importer dollar demand, with

Published 25 Feb, 2014 08:29am

Financial

Dollar static ahead of US data

TOKYO: The dollar was flat in Asia on Tuesday as investors waited on fresh US data for clues on how the world's bigg

Published 25 Feb, 2014 06:15am

Financial

Dollar static ahead of US data

TOKYO: The dollar was flat in Asia on Tuesday as investors waited on fresh US data for clues on how the world's bigg

Published 25 Feb, 2014 04:05am

Financial

South Korea won touches more than 2-week low, caution before US data

SEOUL: The South Korean won fell to its lowest level in more than two weeks in domestic trade on Monday as the local sto

Published 24 Feb, 2014 06:31am

Financial

China's yuan extends fall on central bank guidance, offshore steadies

HONG KONG: The Chinese yuan fell on Monday and extended its worst weekly performance in more than two years after the Pe

Published 24 Feb, 2014 06:28am

Financial

Dollar range bound in Asia

TOKYO: The dollar was range bound against other major currencies in Asian trade Monday as investors awaited key US econo

Published 24 Feb, 2014 05:50am

Financial

Dollar rangebound amid lack of fresh clues

TOKYO: The dollar remained locked in a narrow range in Asia trade Monday as players searched for fresh clues ahead of th

Published 24 Feb, 2014 04:40am

Financial

Sri Lanka rupee steady at 2-month low amid downward pressure; seen falling more

COLOMBO: The Sri Lankan rupee ended steady at its lowest in more than two months on Friday amid downward pressure from i

Published 21 Feb, 2014 12:51pm

Financial

Indian rupee gains on foreign fund inflows

MUMBAI: The Indian rupee rose on Friday as foreign funds continued to sell dollars to invest in domestic shares, aided b

Published 21 Feb, 2014 12:38pm

Financial

Dollar rallies in Asia on upbeat US data

TOKYO: The dollar rallied against the yen in Asia Friday on the back of mixed US data, while weak eurozone manufacturing

Published 21 Feb, 2014 06:51am

Financial

Dollar rallies in Asia on upbeat US data

TOKYO: The dollar rallied against the yen in Asia Friday as investors digested mixed US data, while weak eurozone manufa

Published 21 Feb, 2014 04:03am

Financial

Yen gains in Asia after poor data shake investor confidence

TOKYO: Currency traders moved into the yen in Asia on Thursday as weak data from the US, Japan and China dented investor

Published 20 Feb, 2014 11:57am

Financial

Sri Lanka rupee steady; state banks' dollar sales offset importer demand

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as state banks sold dollars to offset demand for the US currency

Published 19 Feb, 2014 12:48pm

Financial

China to widen yuan trading band, expand convertibility

BEIJING: China will expand the yuan trading band in an orderly way and quicken convertibility on the capital account, th

Published 19 Feb, 2014 11:22am

Financial

Euro hits 7-week high, dollar hampered by soft U.S. data

SYDNEY/SINGAPORE: The euro touched a seven-week high against the dollar on Wednesday, with the greenback struggling in t

Published 19 Feb, 2014 05:55am

Financial

Thai political upheaval drags baht lower; rupiah shines

SINGAPORE: Increasing political tensions in Thailand weighed on the baht on Wednesday, as emerging Asian currencies soft

Published 19 Feb, 2014 05:42am

Financial

Yen rises in Asia after tumble on BoJ announcement

TOKYO: The yen rebounded in Asia Wednesday after it tumbled on the Bank of Japan's move to boost lending to commerci

Published 19 Feb, 2014 04:32am

Financial

Euro darts ahead, dollar dragged by asset flows

SYDNEY: The euro was holding broad-based gains on Wednesday, having darted higher against the yen and sterling, while th

Published 18 Feb, 2014 10:51pm

Financial

Yen tumbles after BoJ tweaks lending scheme

TOKYO: The yen tumbled in Asia on Tuesday after the Bank of Japan (BoJ) held off expanding its asset-buying programme bu

Published 18 Feb, 2014 08:47am

Financial

Yen tumbles after BoJ tweaks lending scheme

TOKYO: The yen tumbled in Asia on Tuesday after the Bank of Japan (BoJ) held off expanding its asset-buying programme bu

Published 18 Feb, 2014 05:41am

Financial

Yen firms in Asia despite poor Japan GDP data

TOKYO: The yen strengthened in Asia Monday as investors shuffled their positions after weaker-than-expected Japanese gro

Published 17 Feb, 2014 08:31am

Financial

South Korea won hits more than 1 month high; dollar weakness persists

SEOUL: The South Korean won edged up to its highest intraday level in more than a month on Monday, driven by robust dema

Published 17 Feb, 2014 05:41am

Financial

Dollar hamstrung by data, slips vs yen after soft Japan GDP

SYDNEY/TOKYO: The dollar languished at a six-week low against a basket of major currencies on Monday, struggling to get

Published 17 Feb, 2014 05:38am

Financial

Yen firms in Asia despite poor Japan GDP data

TOKYO: The yen strengthened in Asia Monday as investors shuffled their positions after weaker-than-expected Japanese gro

Published 17 Feb, 2014 04:51am

Financial

Indian rupee ends at 3-week high; lower WPI, share gains aid

MUMBAI: The Indian rupee strengthened to its highest level in three weeks on Friday, rising for a second straight week,

Published 14 Feb, 2014 02:37pm

Financial

Yen gains in Asia after poor retail sales data

TOKYO: Currency traders moved into the yen in Asia on Friday after weaker-than-expected US retail sales data sparked mor

Published 14 Feb, 2014 05:03am

Financial

Dollar slips in Asia ahead of US sales data

TOKYO: The dollar slipped in Asia Thursday ahead of the release of US retail sales data seen as key to gauging the stren

Published 13 Feb, 2014 07:02am

Financial

Yen weakness drags on Hermes Q4 sales growth

PARIS: French luxury goods maker Hermes posted a 4.6 percent rise in fourth-quarter sales thanks to solid demand for its

Published 13 Feb, 2014 06:49am

Financial

Sri Lanka rupee weaker on importer dollar demand; premiums up

COLOMBO: The Sri Lankan rupee traded weaker on Thursday on importer dollar demand which outpaced thin greenback sales by

Published 13 Feb, 2014 06:45am

Financial

South Korea won inches down on intervention worries, importers

SEOUL: The South Korean won edged lower in early domestic trade Thursday, giving up some of the previous day's gains

Published 13 Feb, 2014 06:01am

Financial

China's yuan slips amid signs of central bank intervention, ignores strong trade data

SHANGHAI: China's yuan edged lower against the dollar on Thursday as traders reported lower-than-expected corporate

Published 13 Feb, 2014 05:54am

Financial

Aussie sinks on poor jobs data, Euro nurses losses

SYDNEY/TOKYO: The Australian dollar fell sharply on Thursday after an unexpectedly weak employment report revived specul

Published 13 Feb, 2014 05:53am

Financial

Dollar slips in Asia ahead of US sales data

TOKYO: The dollar slipped in Asia Thursday ahead of the release of US retail sales data seen as key to gauging the stren

Published 13 Feb, 2014 04:06am

Financial

Yuan flat after strong trade surplus; traders expect stability

SHANGHAI: China's yuan was little changed on Wednesday, with traders saying that supply and demand for yuan is rough

Published 12 Feb, 2014 07:31am

Financial

Fed chief comments support dollar in Asia

TOKYO: The dollar edged down against the yen in Asia Wednesday after climbing in New York in response to the new Federal

Published 12 Feb, 2014 07:29am

Financial

South Korea won boosted to near 4 week high on Yellen, China data

SEOUL: The South Korean won raced to its highest in nearly four weeks on Wednesday, boosted by upbeat export data from C

Published 12 Feb, 2014 07:20am

Financial

Fed chief comments support dollar in Asia

TOKYO: The dollar edged down against the yen in Asia Wednesday after climbing in New York in response to the new Federal

Published 12 Feb, 2014 04:33am

Financial

Sri Lanka rupee down on importer dollar demand; stocks recover

COLOMBO: The Sri Lanka rupee traded weaker on Tuesday due to importer dollar demand, and dealers said downward pressure

Published 11 Feb, 2014 07:53am

Financial

Dollar dips, focus on Yellen comments on economy

SINGAPORE: The dollar eased against the euro in Asian trade Tuesday as investors cautiously await US Federal Reserve chi

Published 11 Feb, 2014 06:46am

Financial

Yuan steady, appreciation expectations linger despite emerging market worries

SHANGHAI: China's yuan barely moved against the dollar on Tuesday as lingering expectations of moderate but steady a

Published 11 Feb, 2014 06:20am

Financial

Australian dollar rallies to 1 month peak, pulls NZ dollar higher

SYDNEY/WELLINGTON: The Australian dollar received a leg up on Tuesday after an upbeat local business survey helped the c

Published 11 Feb, 2014 05:55am

Financial

South Korea won edges lower as investors await Yellen testimony

SEOUL: The South Korean won edged lower in early domestic trade on Tuesday, as some investors opted to cash out from the

Published 11 Feb, 2014 05:46am

Financial

Dollar dips, focus on Yellen comments on economy

SINGAPORE: The dollar eased against the euro and yen in Asian trade Tuesday as investors cautiously await US Federal Res

Published 11 Feb, 2014 05:01am

Financial

Dollar mixed in Asia after US jobs report

TOKYO: The dollar inched up in Asia Monday after a disappointing US jobs report fuelled questions about the pace of the

Published 10 Feb, 2014 06:19am

Financial

Yuan rises on resurgent client demand, firmer mid-point

SHANGHAI: China's yuan rose slightly on Monday after the People's Bank of China (PBOC) lifted the official mid-p

Published 10 Feb, 2014 05:46am

Financial

Dollar mixed in Asia after US jobs report

TOKYO: The dollar was mixed in Asia Monday after a disappointing US jobs report fuelled questions about the pace of the

Published 10 Feb, 2014 04:43am

Financial

Yen off to a soft start as Asian stocks eyed

SYDNEY: The yen wallowed at one-week lows against the dollar and euro early on Monday, having been beaten down late last

Published 09 Feb, 2014 11:28pm

Financial

Indian rupee at 1 week high ahead of US jobs report

MUMBAI: The Indian rupee rose to a one-week high on Friday to post its first weekly gain in three, helped by favourable

Published 07 Feb, 2014 01:58pm

Financial

Sri Lanka rupee steady; seen falling on lower interest rates

COLOMBO: The Sri Lankan rupee ended steady on Friday as heavy foreign outflow from equity was offset by exporter dollar

Published 07 Feb, 2014 01:57pm

Financial

Dollar range-bound ahead of key jobs data

TOKYO: The dollar moved narrowly in cautious trade in Asia on Friday, ahead of US jobs data that dealers hope will shed

Published 07 Feb, 2014 05:46am

Financial

Dollar range-bound ahead of key jobs data

TOKYO: The dollar moved narrowly in cautious trade in Asia on Friday ahead of US jobs data that dealers hope will shed l

Published 07 Feb, 2014 03:58am

Financial

Dollar holds steady ahead of jobs data

TOKYO: The dollar held steady in Asia on Thursday as investors await the release of key US jobs data and a European Cent

Published 06 Feb, 2014 04:43am

Financial

Sri Lanka rupee edges up on exporter dollar sales; stocks slip

COLOMBO: The Sri Lankan rupee edged higher on Wednesday due to light exporter dollar sales in the absence of importer do

Published 05 Feb, 2014 06:23am

Financial

Yen gets a bump in Asia after stock market rout

TOKYO: The yen got a boost in Asian trade Wednesday after a global stock market rout spooked investors ahead of key US j

Published 05 Feb, 2014 06:05am

Financial

South Korea won hits near 5-month low

SEOUL: The South Korean won touched its weakest level in nearly five months against the dollar on Tuesday after disappoi

Published 04 Feb, 2014 05:25am

Financial

Australian dollar rallies after RBA drops easing bias

SYDNEY: The Australian dollar rallied on Tuesday after the Reserve Bank of Australia dropped its easing bias in the firs

Published 04 Feb, 2014 05:14am

Financial

Dollar rebounds from Wall St losses

TOKYO: The dollar rose in early Asian trade on Tuesday after suffering a sell-off in New York in response to unexpectedl

Published 04 Feb, 2014 04:38am

Financial

Sri Lanka rupee edges up on exporter dollar sales; seen falling

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday due to exporter dollar conversions, but dealers expect th

Published 03 Feb, 2014 08:03am

Financial

Euro rises in Asia after inflation data tumble

TOKYO: The euro bounced back against the yen on Monday after suffering a sell-off last week in response to weak eurozone

Published 03 Feb, 2014 06:59am

Financial

Bangladesh FX reserves hit record high in January

DHAKA: Bangladesh's foreign exchange reserves rose to a record $18.12 billion at the end of January from $18.07 bill

Published 03 Feb, 2014 06:32am

Financial

Sri Lanka rupee weaker on importer dollar demand; seen falling on outflows

COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand outpaced exporter conversions of the gree

Published 31 Jan, 2014 02:13pm

Financial

Dollar firms in Asia after US growth data

TOKYO: The dollar rose in Asia Friday following better-than-forecast US growth figures, which also eased concerns about

Published 31 Jan, 2014 04:32am

Financial

Dollar firms in Asia, Turkish lira edges up

TOKYO: The dollar made up a little of its lost ground in Asian trade Thursday afternoon after falling when the US centra

Published 30 Jan, 2014 06:29am

Financial

Dollar up in Asia ahead of Fed stimulus decision

TOKYO: The dollar rose in Asia Wednesday as investors focus on the outcome of a two-day Fed policy meeting with many eye

Published 29 Jan, 2014 04:42am

Financial

Rupee leads Asia FX gains after surprise India rate hike

SINGAPORE: The rupee led gains among emerging Asian currencies on Tuesday after the Indian central bank unexpectedly rai

Published 28 Jan, 2014 08:41am

Financial

Sri Lanka rupee slips to near 1-week low on importer dollar demand; stocks slip

COLOMBO: The Sri Lankan rupee hovered near a one-week low on Tuesday on importer demand for the greenback, despite dolla

Published 28 Jan, 2014 07:20am

Financial

Dollar mixed in Asia ahead of Fed meeting

TOKYO: The dollar was mixed in Asian trade Tuesday ahead of a US Federal Reserve meeting, with speculation growing that

Published 28 Jan, 2014 06:56am

Financial

Australian dollar supported by business survey, vulnerable to China & EM risks

SYDNEY/WELLINGTON: The Australian dollar nudged up on Tuesday after an upbeat survey on local business conditions squeez

Published 28 Jan, 2014 05:47am

Financial

South Korea won poised to snap 6-day losing streak on exporters

SEOUL: The South Korean won advanced in early trade on Tuesday, poised to snap a six-day losing streak as dollar-selling

Published 28 Jan, 2014 05:41am

Financial

China money rates mixed after injection, 14-day repo up on holiday demand

SHANGHAI: China's major money rates were mixed on Tuesday after the central bank injected fresh funds into a market

Published 28 Jan, 2014 05:31am

Financial

Yuan slips on central bank guidance, but upward trend intact

SHANGHAI: The central bank guided the yuan lower on Tuesday after the dollar rose in global markets, but trading remaine

Published 28 Jan, 2014 05:26am

Financial

Dollar mixed in Asia ahead of Fed meeting

TOKYO: The dollar was mixed in Asian trade Tuesday ahead of a US Federal Reserve meeting, with speculation growing that

Published 28 Jan, 2014 04:44am

Financial

Yen rises in Asia on emerging market jitters

TOKYO: Traders flocked to the yen in Asia Monday on growing worries about emerging economies, as a report suggested Asia

Published 27 Jan, 2014 07:48am

Financial

Yen rises in Asia on emerging market jitters

TOKYO: Traders flocked to the yen in Asia Monday on growing worries about emerging economies, as a report suggested Asia

Published 27 Jan, 2014 06:00am

Financial

Dollar touches 7 week low vs yen on emerging market concerns

TOKYO/SINGAPORE: The dollar slipped to a seven-week low against the yen on Monday as a sell-off in emerging market curre

Published 27 Jan, 2014 05:11am

Financial

After fall, Japan yen in sweet spot for economy, but U.S. watching

TOKYO: After falling by almost a fifth since Japanese Prime Minister Shinzo Abe came to power just over a year ago, the

Published 26 Jan, 2014 10:46pm

Financial

After fall, Japan yen in sweet spot for economy

TOKYO: After falling by almost a fifth since Japanese Prime Minister Shinzo Abe came to power just over a year ago, the

Published 26 Jan, 2014 09:55pm

Financial

Sri Lanka rupee gains on exporter dollar sales; shares at 5 month high

COLOMBO: The Sri Lankan rupee traded firmer on Friday, heading for a second straight day of gains, due to exporter dolla

Published 24 Jan, 2014 07:43am

Financial

Yen, Swiss franc and euro sought in risk-asset rout, EM savaged

SYDNEY/TOKYO: The yen and Swiss franc held firm on Friday, having charged higher overnight as worries about a slowdown i

Published 24 Jan, 2014 06:29am

Financial

Won leads weekly Asia FX losses on risk aversion, more slides seen

SINGAPORE: The South Korean won was set on Friday for its worst week in seven months, leading weekly losses among emergi

Published 24 Jan, 2014 06:27am

Financial

Yuan up on firmer midpoint, China faces capital inflow pressure

SHANGHAI: China's yuan rose against the dollar on Friday, guided by a stronger midpoint, while a top foreign exchang

Published 24 Jan, 2014 06:24am

Financial

Australian dollar hits 3.5-year low on comments by RBA board member

SYDNEY/WELLINGTON: The Australian dollar fell to a fresh 3-1/2-year low on its US counterpart on Friday after Reserve Ba

Published 24 Jan, 2014 06:18am

Financial

Dollar edges up in Asia after New York sell-off

TOKYO: The dollar edged up against the yen in Asia on Friday after plunging on weak Chinese data which sparked worries o

Published 24 Jan, 2014 05:26am

Financial

Yuan slips, unfazed by weak start for Chinese economy in 2014

SHANGHAI: China's yuan eased slightly on Thursday, guided by a weaker midpoint, hardly reacting to data showing weak

Published 23 Jan, 2014 06:47am

Financial

Dollar edges down in Asia ahead of US jobs, housing data

TOKYO: The dollar edged down in Asia Thursday ahead of closely watched US jobless claims and housing data which investor

Published 23 Jan, 2014 06:26am

Financial

Dollar mixed in Asia ahead of US jobs, housing data

TOKYO: The dollar was mixed in Asia Thursday ahead of closely watched US jobless claims and housing data which investors

Published 23 Jan, 2014 04:38am

Financial

Indian rupee gains as shares hit record closing high

MUMBAI: The Indian rupee rose slightly on Wednesday as a central bank report recommending bringing down consumer inflati

Published 22 Jan, 2014 12:44pm

Financial

Sri Lanka rupee falls on importer dollar demand; shares up

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday due to importer dollar demand despite a state bank selling the

Published 22 Jan, 2014 09:30am

Financial

Yen rises in Asia as BoJ stands pat on easing

TOKYO: The yen rose in Asia Wednesday after the Bank of Japan (BoJ) said its monetary easing programme was winning the w

Published 22 Jan, 2014 06:28am

Financial

Dollar steady; Aussie jumps on inflation rise

TOKYO/SYDNEY: The Australian dollar stole the spotlight on Wednesday, rallying against the greenback after an unexpected

Published 22 Jan, 2014 06:16am

Financial

Australian dollar jumps as inflation deflates risk of rate cut

SYDNEY/WELLINGTON: The Australian dollar surged three-quarters of a US cent on Wednesday after an unexpectedly sharp ris

Published 22 Jan, 2014 06:03am

Financial

South Korea won falls to 2 week low, set for for third day of losses

SEOUL: The South Korean won is set for a third day of losses on Wednesday, falling to its lowest in two weeks as offshor

Published 22 Jan, 2014 05:58am

Financial

China's yuan stable, dollar funding costs ease after PBOC injection

SHANGHAI: China's yuan held steady on Wednesday, guided by the central bank, but a shortfall of dollars in the domes

Published 22 Jan, 2014 05:36am

Financial

Yen mixed in Asia as BoJ wraps up meeting

TOKYO: The yen was mixed in Asia Wednesday as investors await the end of a Bank of Japan (BoJ) policy meeting to find ou

Published 22 Jan, 2014 05:16am

Financial

Yen weakens in Asia as BoJ meet starts

TOKYO: The yen weakened in Asia on Tuesday with a Bank of Japan (BoJ) two-day meeting in focus as investors wait to see

Published 21 Jan, 2014 05:57am

Financial

South Korea won nearly flat on lack of events, US holiday

SEOUL: The South Korean won was virtually flat on Tuesday as a lack of events gave investors few reasons to make big bid

Published 21 Jan, 2014 05:24am

Financial

Dollar rises vs yen on Fed tapering view; kiwi shines

SYDNEY/SINGAPORE: The dollar rose versus the yen on Tuesday, helped by renewed talk that the US Federal Reserve may anno

Published 21 Jan, 2014 05:15am

Financial

Yen weakens in Asia as BoJ meet starts

TOKYO: The yen weakened in Asia on Tuesday with a Bank of Japan (BoJ) two-day meeting in focus as investors wait to see

Published 21 Jan, 2014 04:29am

Financial

Sri Lanka rupee falls on importer dlr demand; stocks up

COLOMBO: The Sri Lankan rupee traded a tad weaker on Monday on importer dollar demand through private banks in the absen

Published 20 Jan, 2014 09:23am

Financial

Dollar mixed in Asia after upbeat US data

TOKYO: The dollar was mixed in Asia Monday following broadly upbeat US economic data, while the yen was lifted by specul

Published 20 Jan, 2014 07:11am

Financial

Australia dollar pinned near lows vs USD

SYDNEY/WELLINGTON: The Australian dollar hovered near 3-1/2-year lows against its US counterpart on Monday, with further

Published 20 Jan, 2014 05:19am

Financial

China central bank guides yuan slightly lower, downside seen limited

SHANGHAI: China's yuan edged down against the dollar on Monday after the central bank fixed a slightly weaker midpoi

Published 20 Jan, 2014 04:53am

Financial

Dollar mixed in Asia after upbeat US data

TOKYO: The dollar was mixed in Asia Monday following broadly upbeat US economic data, while the yen was lifted by specul

Published 20 Jan, 2014 04:45am

Financial

India rupee comes off 5 week highs as shares falter

MUMBAI: The Indian rupee gave up all gains on Friday as shares slumped, after the currency earlier hit its highest level

Published 17 Jan, 2014 12:11pm

Financial

Sri Lanka rupee falls on importer dollar demand; gain seen in near future

COLOMBO: The Sri Lankan rupee ended weaker on Friday on importer dollar demand, but the market expects the local currenc

Published 17 Jan, 2014 12:08pm

Financial

Dollar slips in Asia despite upbeat jobs data

TOKYO: The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampe

Published 17 Jan, 2014 06:05am

Financial

Dollar slips in Asia despite upbeat jobs data

TOKYO: The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampe

Published 17 Jan, 2014 05:14am

Financial

Sri Lanka rupee firmer on exporter, bank dollar sales; stocks up

COLOMBO: The Sri Lankan rupee traded firmer on Thursday as dollar sales by exporters and banks outpaced importer demand

Published 16 Jan, 2014 06:33am

Financial

Dollar rises in Asia on upbeat US data

TOKYO: The dollar rose against the yen in Asia Thursday following another batch of upbeat US data that has fuelled specu

Published 16 Jan, 2014 06:22am

Financial

South Korea won creeps lower as dollar buoyed by upbeat US data

SEOUL: The South Korean won inched slightly lower in early domestic trade on Thursday morning, after fresh US data point

Published 16 Jan, 2014 05:10am

Financial

Dollar rises in Asia on upbeat US data

TOKYO: The dollar rose against the yen in Asia Thursday following another batch of upbeat US data that has fuelled specu

Published 16 Jan, 2014 04:23am

Financial

Dollar back in form as payrolls hangover lifts

SYDNEY: The U.S. dollar traded at a near one-week high against a basket of major currencies early on Thursday, having re

Published 15 Jan, 2014 11:24pm

Financial

Dollar jumps in Asia on US sales report

TOKYO: The dollar rose in Asia Wednesday, extending gains it recorded in New York after a better-than-expected US retail

Published 15 Jan, 2014 06:54am

Financial

Yen resumes slide, Aussie also feeling the heat

SYDNEY: The yen and Australian dollar nursed heavy losses early on Wednesday, having suffered a swift turnaround in fort

Published 15 Jan, 2014 06:05am

Financial

South Korea won edges lower after positive US retail data

SEOUL: The South Korean won edged lower on Wednesday after better-than-expected US retail data pointed to strength in th

Published 15 Jan, 2014 06:02am

Financial

China's yuan snaps rising streak, offshore-onshore gap widens

HONG KONG: China's yuan pulled back on Wednesday after the central bank tempered the brisk pace of gains via a weake

Published 15 Jan, 2014 05:59am

Financial

Dollar pressured after lacklustre US jobs data

SINGAPORE: The dollar faced fresh pressure in Asian trade Monday as lacklustre US jobs data fuelled speculation about th

Published 13 Jan, 2014 06:27am

Financial

Indian rupee hits one-week high; inflation in focus

MUMBAI: The Indian rupee strengthened to its highest against the dollar in more than a week on Friday on bets that data

Published 10 Jan, 2014 12:55pm

Financial

Sri Lanka rupee up on foreign bank dollar sales; stocks up

COLOMBO: The Sri Lankan rupee traded firmer on Thursday as a foreign bank sold dollars, while currency dealers said the

Published 09 Jan, 2014 09:06am

Financial

South Korea won reverses losses, gains as BoK holds rates

SEOUL: The South Korean won erased losses and ended up at the close of onshore trade on Thursday after some investors wh

Published 09 Jan, 2014 07:06am

Financial

Dollar mixed in Asia after Fed minutes, jobs data

TOKYO: The dollar was mixed in Asia Thursday after minutes from a Federal Reserve meeting and upbeat jobs data fuelled s

Published 09 Jan, 2014 06:28am

Financial

China central bank guides yuan slightly lower, downside seen limited

SHANGHAI: China's yuan edged down against the dollar on Thursday after the central bank fixed a slightly weaker midp

Published 09 Jan, 2014 06:02am

Financial

Australian and NZ dollars pinned down, upbeat data no help

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for traction on Thursday after data in China and at

Published 09 Jan, 2014 05:23am

Financial

Dollar mixed in Asia after Fed minutes, jobs data

TOKYO: The dollar was mixed in Asia Thursday after minutes from a Federal Reserve meeting and upbeat jobs data fuelled s

Published 09 Jan, 2014 04:39am

Financial

Dollar mixed in Asia ahead of Fed meeting minutes

TOKYO: The dollar was mixed in Asia on Wednesday as investors await the release of minutes from the Federal Reserve'

Published 08 Jan, 2014 07:41am

Financial

Sri Lanka rupee tad firmer on correction; shares near 5-month high

COLOMBO: The Sri Lankan rupee traded slightly firmer on Wednesday due to a technical correction, dealers said, a day aft

Published 08 Jan, 2014 05:51am

Financial

Australia and NZ dollars subdued, but outperform CAD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars found themselves stuck in a very slim trading range for a thir

Published 08 Jan, 2014 05:38am

Financial

South Korea won edges up as dollar selling emerges

SEOUL: The South Korean won was up in early domestic trade on Wednesday, recouping some of its losses earlier in the wee

Published 08 Jan, 2014 05:28am

Financial

Dollar mixed in Asia ahead of Fed meeting minutes

TOKYO: The dollar was mixed in Asia on Wednesday as investors await the release of minutes from the Federal Reserve'

Published 08 Jan, 2014 04:53am

Financial

Sri Lanka rupee ends weaker on bond sales by foreigners

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday due to dollar demand from importers and foreigners who sold rupee

Published 07 Jan, 2014 04:11pm

Financial

India rupee ends little changed; inflation in focus

MUMBAI: The Indian rupee closed little changed on Tuesday as shares fell for a fifth consecutive session to mark their w

Published 07 Jan, 2014 04:04pm

Financial

Dollar steady in Asia after mixed US data

TOKYO: The dollar held steady in Asia Tuesday following a mixed set of US economic data, as investors await key jobs fig

Published 07 Jan, 2014 04:11am

Financial

Yen rebounds against dollar, euro in Asia

TOKYO: The yen climbed against the dollar and euro on Monday after hitting five-year lows last week, but analysts said t

Published 06 Jan, 2014 06:37am

Financial

India's forex reserves rise to $295.71bn as on Dec 27

MUMBAI: India's foreign exchange reserves rose to $295.71 billion as of Dec. 27, compared with $295.50 billion in th

Published 03 Jan, 2014 12:23pm

Financial

Indian rupee off 1-month lows on suspected central bank intervention

MUMBAI: The Indian rupee gained on Friday, rebounding from a one-month low hit earlier in the session, after the central

Published 03 Jan, 2014 12:22pm

Financial

US dollar eases against yen, retreats from 5-year high

SINGAPORE: The dollar fell against the yen in Asia Friday, extending losses seen in New York, as the unit retreated from

Published 03 Jan, 2014 05:45am

Financial

US dollar trades near five-year high against yen

SINGAPORE: The US dollar traded near a five-year high against the yen in thin Asian trade Thursday as investors began th

Published 02 Jan, 2014 06:36am

Financial

US dollar trade near five-year high against yen

SINGAPORE: The US dollar traded near a five-year high against the yen in thin Asian trade Thursday as investors began th

Published 02 Jan, 2014 05:48am

Financial

Dollar near 5 year high vs yen, eyes on US data

SINGAPORE: The dollar hovered near a five-year high versus the yen on Thursday, with the focus on whether forthcoming US

Published 02 Jan, 2014 04:50am

Financial

Indian rupee falls on first trading day of 2014

MUMBAI: The Indian rupee ended lower on Wednesday, the first trading session of 2014, with traders focused on key macroe

Published 01 Jan, 2014 01:17pm

Financial

Sri Lankan rupee edges up ahead of monetary policy announcement

COLOMBO: The Sri Lankan rupee ended a tad firmer on Wednesday as banks sold dollars expecting at least a 50-basis-points

Published 01 Jan, 2014 01:16pm

Financial

Bangladesh forex reserves hit record $18.07bn in December

DHAKA: Bangladesh's foreign exchange reserves rose to a record $18.07 billion at the end of December from $17.11 bil

Published 01 Jan, 2014 07:05am

Financial

Sri Lankan rupee tad up; stocks poised to end firmer in 2013

COLOMBO: The Sri Lankan rupee traded a tad firmer in dull trade on Tuesday as two state banks sold dollars to prevent de

Published 31 Dec, 2013 08:17am

Financial

Taiwan dollar near 2 week high; Asia FX set to see 2013 losses

SEOUL: The Taiwan dollar hit a near two-week high on a record yuan, leading gains in emerging Asian currencies on Tuesda

Published 31 Dec, 2013 05:42am

Financial

Yuan set for best day in 2 months as central bank eyes 2013 target

SHANGHAI: China's yuan hit a record high for the third straight session and was headed for its best day in over two

Published 31 Dec, 2013 05:37am

Financial

Dollar buoyant in Asia after upbeat jobs data

TOKYO: The dollar was buoyant in Asia Monday on the back of upbeat US jobs data, while the euro was steady after Germany

Published 30 Dec, 2013 06:25am

Financial

Indian rupee gains tracking shares; dollar demand from oil limits rise

MUMBAI: The Indian rupee strengthened on Friday on continued foreign fund inflows into domestic shares, but month-end do

Published 27 Dec, 2013 01:15pm

Financial

Sri Lankan rupee trades slightly weaker on dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Friday as importers bought dollars while many investors were on

Published 27 Dec, 2013 01:05pm

Financial

Yen sinks in Asian trading

TOKYO: The yen sank further in Asia Friday as speculation of more Bank of Japan monetary easing weighed on the unit, whi

Published 27 Dec, 2013 05:38am

Financial

Yen out in the cold as year-end cheer lifts stocks

SYDNEY: The yen wallowed at five-year troughs against the dollar and euro on Friday, having fallen prey to a renewed app

Published 26 Dec, 2013 11:05pm

Financial

Dollar rises to five-year high against yen in Asia

TOKYO: The dollar rose to a five-year high against the yen in Asian trading Thursday on the back of strong Japanese shar

Published 26 Dec, 2013 07:54am

Financial

Cagamas set to double annual issuance with $151m sukuk

KUALA LUMPUR: State-backed mortgage lender Cagamas Bhd has doubled its annual issuance of bonds for 2013 with a year-end

Published 25 Dec, 2013 06:31pm

Financial

China's yuan little changed on stable fixing, seen rangebound for rest of 2013

SHANGHAI: China's yuan barely moved against the dollar on Wednesday after the central bank set an official midpoint

Published 25 Dec, 2013 06:20am

Financial

South Korea won flat ahead of holiday, year end

SEOUL: The South Korean won was flat early on Tuesday in onshore trade with few bids in the market ahead of the Christma

Published 24 Dec, 2013 04:36am

Financial

Sri Lanka rupee steady near two-month high; state bank buys dollar

COLOMBO: The Sri Lankan rupee traded steady on Monday near its two-month closing high amid inward remittances and export

Published 23 Dec, 2013 08:53am

Financial

Dollar extends losses in Asian trade

SINGAPORE: The dollar extended losses against the yen and euro on profit-taking Monday following solid gains last week,

Published 23 Dec, 2013 06:37am

Financial

Yuan flat; gains seen resuming in 2014 on trade surplus, inflows

SHANGHAI: China's yuan held steady on Monday, with the market believing the central bank has achieved its unofficial

Published 23 Dec, 2013 06:02am

Financial

Australian, New Zealand dollars stall in holiday stupor

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were largely in a holding pattern on Monday, with investors in

Published 23 Dec, 2013 05:09am

Financial

Dollar searches for fresh inspiration in holiday week

SYDNEY: The U.S. dollar got off to a sluggish start in Asia on Monday, having slipped late last week as investors took s

Published 22 Dec, 2013 11:24pm

Financial

Indian rupee snaps 3 days of losses on strong foreign fund flows

MUMBAI: The Indian rupee rose on Friday, mirroring strong stock market gains, ending a week in which it rose 0.1 percent

Published 20 Dec, 2013 12:53pm

Financial

Sri Lanka rupee ends steady near 2-month high; state bank buys dollar

COLOMBO: The Sri Lankan rupee ended steady near its two-month high on Friday on inward remittances and exporter dollar s

Published 20 Dec, 2013 12:42pm

Financial

Dollar higher in Asia after Fed taper decision

TOKYO: The dollar rose to a five-year high against the yen in Asia on Friday after the US Federal Reserve said it would

Published 20 Dec, 2013 07:21am

Financial

Dollar higher in Asia after Fed taper decision

TOKYO: The dollar rose to a five-year high against the yen in Asian trade on Friday after the US Federal Reserve's d

Published 20 Dec, 2013 04:32am

Financial

Sri Lanka rupee near 2-month high on remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee rose on Thursday to its highest level in nearly two months on inward remittances and expor

Published 19 Dec, 2013 04:09pm

Financial

Indian rupee falls for 3rd day; taper effect minimal

MUMBAI: The Indian rupee fell for a third session on Thursday, in line with emerging market currencies as the US Federal

Published 19 Dec, 2013 04:05pm

Financial

South Africa's rand eases after Fed taper decision

JOHANNESBURG: South Africa's rand was slightly weaker on Thursday following the US Federal Reserve's announcemen

Published 19 Dec, 2013 07:22am

Financial

Dollar down against yen after Fed-fuelled New York rally

TOKYO: The dollar edged down against the yen Thursday after hitting five-year highs in New York in response to the US Fe

Published 19 Dec, 2013 07:13am

Financial

Yuan eases as Fed taper boosts dollar

SHANGHAI: China's yuan edged slightly weaker on Thursday after the dollar surged in global markets in response to th

Published 19 Dec, 2013 05:40am

Financial

Indian rupee mildly weaker after US Fed's taper decision

MUMBAI: The Indian rupee was slightly weaker in early trades on Thursday after the Federal Reserve said it would scale d

Published 19 Dec, 2013 04:48am

Financial

Yen claws back from 5-year trough in wake of Fed taper

TOKYO: The dollar gave back some of its gains after cresting at its highest against the yen in more than five years on T

Published 19 Dec, 2013 04:43am

Financial

New Zealand dollar trims losses after mixed GDP data

SYDNEY: The New Zealand dollar rose on Thursday after data showed the economy grew faster than expected last quarter, th

Published 18 Dec, 2013 11:38pm

Financial

Aussie dollar hits three-year low on Fed taper

SYDNEY: The Australian dollar Thursday fell to its lowest level against the greenback since August 2010 after the US Fed

Published 18 Dec, 2013 11:15pm

Financial

Indian rupee falls on caution ahead of Fed; RBI keeps repo rate unchanged

MUMBAI: The Indian rupee fell on Wednesday as dealers remained cautious ahead of the Federal Reserve's tapering deci

Published 18 Dec, 2013 03:11pm

Financial

Sri Lanka rupee ends steady; forward premiums fall sharply

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as high inward remittances and exporter dollar sales were offset

Published 18 Dec, 2013 03:11pm

Financial

Sri Lanka rupee edges up on remittances

COLOMBO: The Sri Lankan rupee edged up on Wednesday, helped by inward remittances and as exporter dollar sales outpaced

Published 18 Dec, 2013 07:59am

Financial

China's yuan slips, mild appreciation seen ahead

HONG KONG: China's yuan edged down slightly against the dollar on Wednesday even though the central bank set a near

Published 18 Dec, 2013 06:01am

Financial

South Korea won trapped in tight range ahead of Fed meeting outcome

SEOUL: The South Korean won was little changed early on Wednesday as investors braced for the outcome of the Federal Res

Published 18 Dec, 2013 05:59am

Financial

Dollar steady in Asia ahead of Fed meeting

TOKYO: The dollar held steady in Asia Tuesday ahead of a key US Federal Reserve policy meeting, while the euro won suppo

Published 17 Dec, 2013 06:30am

Financial

South Korea won nearly flat as investors wait for Fed decision

SEOUL: The South Korean won was nearly flat in early domestic trade on Tuesday, as investors await an outcome from the U

Published 17 Dec, 2013 06:03am

Financial

China's yuan steady ahead of Fed meeting, CNY bets pared

HONG KONG: China's yuan crept higher on Tuesday after the central bank fixed the daily midpoint just below a recent

Published 17 Dec, 2013 05:48am

Financial

Euro stands tall, dollar wobbles ahead of Fed

TOKYO: The euro stayed aloft near multi-year highs against rivals on Tuesday after surprisingly strong euro zone manufac

Published 17 Dec, 2013 05:35am

Financial

Dollar steady in Asia ahead of Fed meeting

TOKYO: The dollar held steady in Asia Tuesday ahead of a key US Federal Reserve policy meeting, while the euro won suppo

Published 17 Dec, 2013 04:52am

Financial

Indian rupee gains on inflows; high inflation cements rate hike view

MUMBAI: The Indian rupee gained on Monday, snapping three days of losses on inflows tied to dollar sales from foreign ba

Published 16 Dec, 2013 01:52pm

Financial

South Korea won steadies as exporters sell dollars, Fed in focus

SEOUL: The South Korean won steadied after an initial fall on Monday, led by some exporters selling dollars as markets b

Published 16 Dec, 2013 06:47am

Financial

Dollar slips in Asia ahead of Fed meeting

TOKYO: The dollar slipped in Asia on Monday as investors adjusted positions ahead of a key US Federal Reserve policy mee

Published 16 Dec, 2013 06:34am

Financial

Taiwan dollar a shade higher, rest subdued ahead of Fed

SINGAPORE: Asian currencies were mostly unchanged on Monday, barely reacting to a decline in China's manufacturing d

Published 16 Dec, 2013 05:56am

Financial

Dollar slips in Asia ahead of Fed meeting

TOKYO: The dollar slipped in Asia on Monday as investors adjusted positions ahead of a key US Federal Reserve policy mee

Published 16 Dec, 2013 05:06am

Financial

Prospect of rate hike after inflation surge hits Indian rupee, bonds

MUMBAI: The Indian rupee fell and bond yields surged on Friday after retail inflation spiked to its highest on record, r

Published 13 Dec, 2013 12:53pm

Financial

Sri Lanka rupee firmer on exporter dollar conversions

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday, rising from a near two-week low in the morning as exporte

Published 13 Dec, 2013 12:50pm

Financial

Dollar, euro at five-year yen highs on Fed taper talk

TOKYO: The dollar and euro hit five-year highs against the yen in Asia Friday as investors bet that the US Federal Reser

Published 13 Dec, 2013 05:21am

Financial

Australia central bank chief wants lower Aussie dollar

SYDNEY: The Australian dollar dropped below 90 US cents Friday after central bank governor Glenn Stevens said he wanted

Published 13 Dec, 2013 05:10am

Financial

Dollar up in Asia on Fed easing speculation

TOKYO: The dollar moved towards five-year highs against the yen in Asia Friday as investors bet that the US Federal Rese

Published 13 Dec, 2013 05:06am

Financial

Dollar mixed in Asian trade ahead of Fed meeting

TOKYO: The dollar was mixed in cautious Asian trade Thursday ahead of next week's US Federal Reserve policy meeting

Published 12 Dec, 2013 06:51am

Financial

Dollar mixed in Asian trade ahead of Fed meeting

TOKYO: The dollar was mixed in cautious Asian trade Thursday ahead of next week's US Federal Reserve policy meeting

Published 12 Dec, 2013 04:05am

Financial

Yen enjoys respite as risk aversion returns, euro eyes 2013 peak

SYDNEY: The yen held firm in Asia on Thursday, having risen broadly on the back of a slump on Wall Street as expectation

Published 11 Dec, 2013 11:49pm

Financial

New Zealand dollar trims losses after RBNZ policy statement

SYDNEY: The New Zealand dollar rose nearly half a US cent on Thursday, after the Reserve Bank of New Zealand (RBNZ) said

Published 11 Dec, 2013 08:30pm

Financial

Asian currencies mixed; baht lifted by short covering

SINGAPORE: The Thai baht rose on short-covering on Wednesday, pulling away from a three-month low set last week on conce

Published 11 Dec, 2013 08:31am

Financial

Dollar weaker in Asia after US budget deal

TOKYO: The dollar slipped in Asian afternoon trading on Wednesday as investors locked in profits after a strong rally in

Published 11 Dec, 2013 07:20am

Financial

Kenya shilling weakens on corporate dollar demand

NAIROBI: Kenya's shilling weakened 0.3 percent on Tuesday on the back of corporate demand for the dollar ahead of th

Published 10 Dec, 2013 10:02am

Financial

Sri Lanka rupee steady at near five-week high; stocks ease

COLOMBO: The Sri Lankan rupee traded steady near a five-week high on Tuesday, led by inward remittances which outpaced t

Published 10 Dec, 2013 08:08am

Financial

Dollar up in Asia after Fed official's stimulus hint

TOKYO: The dollar edged up in Asia Tuesday, after big gains in New York as a Federal Reserve official hinted that the US

Published 10 Dec, 2013 06:43am

Financial

Australian & NZ dollars pare gains vs USD, strong against yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars trimmed recent gains against their US counterpart on Tuesday b

Published 10 Dec, 2013 06:20am

Financial

South Korea won flat, investors on lookout for potential intervention

SEOUL: The South Korean won was little changed in early domestic trade Tuesday, easing from a 28-month intraday high as

Published 10 Dec, 2013 06:12am

Financial

China's yuan hits record high for 2nd day on central bank policy shift

HONG KONG: China's currency rose to a record high against the US dollar for a second consecutive day on Tuesday afte

Published 10 Dec, 2013 06:10am

Financial

Dollar down in Asia after Fed official's stimulus hint

TOKYO: The dollar edged down in Asia Tuesday after big gains in New York as a Federal Reserve official hinted that the U

Published 10 Dec, 2013 04:29am

Financial

Euro advances as USD, yen stay out of favour

SYDNEY: The euro stayed bid in Asia on Tuesday, having scaled a fresh five-year high on the yen and six-week peak agains

Published 09 Dec, 2013 11:40pm

Financial

Dollar steady in Asia after strong US jobs report

TOKYO: The dollar was steady in Asia Monday after a solid US jobs report for November boosted the chances of an early pu

Published 09 Dec, 2013 06:29am

Financial

Australian and NZ dollars get a lift from China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced on Monday after upbeat Chinese trade data and buoyant

Published 09 Dec, 2013 05:55am

Financial

South Korea won jumps to highest since mid-2011 after US, China data

SEOUL: The South Korean won firmed for a fourth straight session early on Monday to its strongest against the dollar sin

Published 09 Dec, 2013 05:52am

Financial

India rupee hits 4 mnth high, bonds gain after state election results

MUMBAI: The Indian rupee and bonds rallied on Monday after the country's main opposition party, which is widely seen

Published 09 Dec, 2013 05:49am

Financial

China's yuan vaults to record as central bank signals policy shift

HONG KONG: China's yuan jumped to a record high against the dollar on Monday lifting some Asian currencies in its wa

Published 09 Dec, 2013 05:32am

Financial

China to probe use of foreign currency in trade finance

BEIJING: Chinese regulators will clamp down on banks' and companies' use of foreign currency for trade finance b

Published 07 Dec, 2013 08:56pm

Financial

Indonesia's November forex reserves little changed

JAKARTA: Indonesia's foreign exchange reserves stood at $96.96 billion at end-November, marginally lower than $97 bi

Published 06 Dec, 2013 01:20pm

Financial

Indian rupee gains ahead of poll results, US jobs data

MUMBAI: The Indian rupee rose on Friday, notching up a third week of gains, while US nonfarm payrolls data and state pol

Published 06 Dec, 2013 12:51pm

Financial

Dollar edges up in Asia before US jobs data

TOKYO: The dollar edged up in Asia Friday ahead of US jobs data later in the day that are seen as key to the Federal Res

Published 06 Dec, 2013 06:33am

Financial

Dollar edges up in Asia before US jobs data

TOKYO: The dollar edged up in Asia Friday ahead of US jobs data later in the day that are seen as key to the Federal Res

Published 06 Dec, 2013 04:12am

Financial

Sri Lanka rupee at over 5-week high on inward remittances

COLOMBO: The Sri Lankan rupee ended a tad firmer on Thursday at a more than five-week high as strong inward remittances

Published 05 Dec, 2013 02:06pm

Financial

Dollar slips in Asia ahead of US jobs data

TOKYO: - The dollar eased in Asia Thursday ahead of key US jobs data seen as crucial for the timing of the Federal Reser

Published 05 Dec, 2013 06:21am

Financial

Dollar steady in Asia ahead of US jobs data

TOKYO: The dollar held steady in Asia Thursday ahead of key US jobs data seen as crucial for the timing of the Federal R

Published 05 Dec, 2013 04:47am

Financial

Indian rupee gains on Power Grid share-sale inflows

MUMBAI: The Indian rupee rose on Wednesday, helped by foreign inflows tied to a share sale from a state-run power transm

Published 04 Dec, 2013 02:08pm

Financial

Sri Lanka rupee edges up to over 5-week high on remittances

COLOMBO: The Sri Lankan rupee edged up to a more than five-week high on Wednesday, helped by bond buying from foreigners

Published 04 Dec, 2013 01:55pm

Financial

South Korea won resilient as US tapering talk hits stocks

SEOUL: The South Korean won held steady through midday on Wednesday, showing some resilience in the face of a share sell

Published 04 Dec, 2013 05:33am

Financial

South Korean won dragged down by yen

SEOUL: The won fell against the dollar by midday on Tuesday as a further decline in the yen against the US unit soured b

Published 03 Dec, 2013 05:59am

Financial

Yuan trades flat in lowest volatility since 2010

SHANGHAI: China's yuan remained little changed on Tuesday, with rate volatility remaining at its lowest level in mor

Published 03 Dec, 2013 05:50am

Financial

Dollar lifted in Asia on upbeat manufacturing data

TOKYO: The dollar rose in Asia Tuesday after better-than-expected US manufacturing figures stoked speculation that the F

Published 03 Dec, 2013 04:57am

Financial

Yen pummeled by BOJ speculation, upbeat US data

SYDNEY: The yen remained on the backfoot early in Asia on Tuesday, having succumbed to further selling pressure on prosp

Published 02 Dec, 2013 11:54pm

Financial

Indian rupee, now without cbank support, gains on economic hopes

MUMBAI: The Indian rupee rose to a near two-week high on Monday as manufacturing activity returned to growth in November

Published 02 Dec, 2013 01:18pm

Financial

Sri Lanka rupee ends slightly higher on remittances

COLOMBO: The Sri Lankan rupee rose to a one-month closing high on Monday due to high inward remittances from Sri Lankan

Published 02 Dec, 2013 01:17pm

Financial

Sri Lanka rupee edges up on remittances; stocks firmer

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday as inward remittances outpaced seasonal importer dollar d

Published 02 Dec, 2013 08:01am

Financial

Indonesian rupiah jumps over 2pc

SINGAPORE: The Indonesian rupiah jumped more than 2 percent on Monday as the central bank and foreign lenders provided m

Published 02 Dec, 2013 07:59am

Financial

Dollar weakens in Asia ahead of US data

TOKYO: The dollar weakened in Asia Monday ahead of a raft of US economic data that will provide a better idea of the fut

Published 02 Dec, 2013 06:19am

Financial

Yuan little changed, PBOC seen holding it steady for rest of year

SHANGHAI: China's yuan traded flat on Monday after the central bank left the guidance rate effectively unchanged, re

Published 02 Dec, 2013 05:40am

Financial

South Korean won supported by trade balance data

SEOUL: The won was well supported against the dollar on Monday after South Korea posted a sizeable trade surplus for Nov

Published 02 Dec, 2013 05:39am

Financial

Turkish lira eases on trade data

ISTANBUL: The Turkish lira eased on Friday after data showed the country's huge trade deficit widened further in Oct

Published 29 Nov, 2013 06:08pm

Financial

Yen tumbles against dollar, euro in Asia

TOKYO: The yen slumped against the euro and dollar in Asia Friday as receding fears over eurozone deflation and buoyant

Published 29 Nov, 2013 05:41am

Financial

Dollar edges down in Asia after BoJ easing rally

TOKYO: The dollar edged down in Asia Thursday after surging to a six-month high against the yen on Bank of Japan (BoJ) e

Published 28 Nov, 2013 06:41am

Financial

Yen nurses losses after fresh lows vs dollar, euro

TOKYO/SYDNEY: The yen clawed back lost ground against the euro and dollar in Asia on Thursday after touching fresh lows

Published 28 Nov, 2013 06:22am

Financial

Sri Lanka rupee edges up on exporter dollar sales; stocks slip

COLOMBO: The Sri Lankan rupee edged up on Thursday on exporter dollar sales, with banks reluctant to trade the spot rupe

Published 28 Nov, 2013 06:20am

Financial

South Korea won ends flat, robust data offsets yen effect

SEOUL: The South Korean won ended local trade almost unchanged against the dollar on Thursday, as the country's stro

Published 28 Nov, 2013 06:13am

Financial

South Korean won supported by current account data

SEOUL: The won steadied against the robust dollar on exporters' dollar sales on Thursday, after South Korea's cu

Published 28 Nov, 2013 05:10am

Financial

Thai baht at 11-week low as Oct output falls more than expected

SINGAPORE: The Thai baht hit its weakest in more than 11 weeks on Thursday as data showed October manufacturing output f

Published 28 Nov, 2013 05:09am

Financial

Sri Lanka rupee recovers on exporter dollar sales after intervention

COLOMBO: The Sri Lankan rupee recovered on Wednesday as exporter dollar sales outpaced importer demand for the greenback

Published 27 Nov, 2013 01:48pm

Financial

Euro makes move on yen, China shares outperform

SYDNEY: The euro raced to fresh highs on both the yen and US dollar on Wednesday, while Shanghai stocks shrugged off geo

Published 27 Nov, 2013 06:36am

Financial

Sri Lanka rupee at near 7-week low on importer dollar demand

COLOMBO: The Sri Lankan rupee traded weaker at a near seven-week low on Wednesday due to importer dollar demand despite

Published 27 Nov, 2013 06:34am

Financial

Australian and NZ dollars struggle, downside risks loom

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered just above multimonth lows on Wednesday and looked set

Published 27 Nov, 2013 05:36am

Financial

South Korean won under pressure from yen, exporters

SEOUL: The South Korean won fell slightly against the dollar by midday on Wednesday, weighed down by the yen's recen

Published 27 Nov, 2013 05:28am

Financial

Dollar inches down to 1 month low vs. euro ahead of US holiday

TOKYO/SYDNEY: The dollar eased to a near one-month low against the euro on Wednesday, undermined by lower Treasury yield

Published 27 Nov, 2013 05:04am

Financial

Sri Lanka rupee at over 6-week low on outward remittance

COLOMBO: The Sri Lankan rupee ended weaker at a more than six-week low on Tuesday due to outward remittances and as bank

Published 26 Nov, 2013 12:59pm

Financial

India rupee ends flat; upside limited by oil dollar demand

MUMBAI: The Indian rupee closed unchanged on Tuesday, after having traded slightly stronger for most of the session help

Published 26 Nov, 2013 12:54pm

Financial

Dollar weakens in Asia after tepid US home sales data

TOKYO: The dollar's strong rally against the yen ran out of steam in Asia Tuesday, after fresh figures showed pendin

Published 26 Nov, 2013 05:07am

Financial

India rupee gains for 2nd day on corporate dollar inflows

MUMBAI: The Indian rupee rose for a second consecutive session on Monday, boosted by dollar selling by corporates and cu

Published 25 Nov, 2013 01:28pm

Financial

Sri Lanka rupee steady in lacklustre trade

COLOMBO: The Sri Lankan rupee ended steady on Monday in dull trade as thin importer dollar demand was offset by the expo

Published 25 Nov, 2013 01:21pm

Financial

Yen sinks to six-month low in Asian trade

TOKYO: The yen sank to a six-month low against the dollar in Asia Monday as a generally upbeat outlook led dealers into

Published 25 Nov, 2013 07:10am

Financial

Sri Lanka rupee tad weaker on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee traded slightly weaker on Monday due to thin importer dollar demand, currency dealers said

Published 25 Nov, 2013 06:13am

Financial

Yuan opens flat, big banks suppress appreciation

SHANGHAI: China's yuan was little changed on Monday morning after the central bank strengthened its guidance slightl

Published 25 Nov, 2013 05:56am

Financial

Australian dollar pinned near 3 month trough, NZD bounces off lows

SYDNEY/WELLINGTON: The Australian dollar struggled near three-month lows on Monday, still feeling the heat from the Rese

Published 25 Nov, 2013 05:08am

Financial

Dollar rises to 6-month high against yen

TOKYO: The dollar rose to a six-month high against the yen on Monday in Asian trading as market participants tested the

Published 25 Nov, 2013 05:07am

Financial

Yen sinks in Asian trade

TOKYO: The yen sank in Asia Monday as a generally upbeat outlook led dealers into higher-yielding investments, with the

Published 25 Nov, 2013 04:28am

Financial

China money rates ease after central bank move, but still elevated

SHANGHAI: China's money rates eased up this week after the central bank poured cash back into the market following a

Published 22 Nov, 2013 01:29pm

Financial

Indian govt had 147.26bn rupees outstanding loans from central bank as of Nov 15

MUMBAI: The Indian government had 147.26 billion rupees ($2.34 billion) outstanding loans from the central bank as of No

Published 22 Nov, 2013 12:50pm

Financial

Dollar extends gains in Asia on buoyant US data

TOKYO: The dollar extended its gains against the yen in Asia Friday, after strong US jobs data bolstered speculation the

Published 22 Nov, 2013 05:36am

Financial

Australian dollar falls to 2-month low after RBA chief's speech

LONDON: The Australian dollar fell to a two-month low against the US dollar on Thursday after the Reserve Bank of Austra

Published 21 Nov, 2013 09:30am

Financial

Sri Lanka rupee steady ahead of budget; stocks recover from 7 week low

COLOMBO: The Sri Lankan rupee traded steady on Thursday as dealers were reluctant to trade the spot rupee above 131.10,

Published 21 Nov, 2013 06:48am

Financial

South Korea won down on broad dollar gains after Fed minutes

SEOUL: The South Korean won was down in early domestic trade on Thursday, tracking the dollar's broad gains after mi

Published 21 Nov, 2013 06:00am

Financial

Australian & NZ dollars bruised, AUD bond yields at 20 month peaks

SYDNEY/WELLINGTON: The Australian and New Zealand dollars nursed hefty losses on Thursday, while bond yields jumped to t

Published 21 Nov, 2013 05:58am

Financial

China's yuan steady as state banks absorb pressure to appreciate

SHANGHAI: The Chinese yuan barely moved on Thursday after the central bank set its official midpoint slightly weaker whi

Published 21 Nov, 2013 05:55am

Financial

Dollar slips in Asia after Bernanke speech

TOKYO: The dollar slipped back below 100 yen in Asia Wednesday after US Federal Reserve chief Ben Bernanke indicated the

Published 20 Nov, 2013 04:24am

Financial

Indian rupee gains past 62/dollar on custodial inflows

MUMBAI: The Indian rupee gained past 62 to a dollar to a near 2-week high on Tuesday on heavy selling by foreign banks o

Published 19 Nov, 2013 09:00am

Financial

Rupee, rupiah lead Asia FX gains on Fed, China optimism

SINGAPORE: Most emerging Asian currencies rose on Tuesday, enjoying capital inflows on sustained expectations that the U

Published 19 Nov, 2013 08:58am

Financial

Sri Lanka rupee steady near 6-week low; stocks tad weaker

COLOMBO: The Sri Lankan rupee traded steady on Tuesday in thin trade, hovering around a near six-week low as importer do

Published 19 Nov, 2013 07:34am

Financial

Dollar sinks in Asia as Tokyo stocks cool off

TOKYO: The dollar extended its losses in Asia on Tuesday, after peaking above 100 yen in the previous session, as a fall

Published 19 Nov, 2013 06:30am

Financial

South Korea won touches near 4-week high on Fed bets, stock market gains

SEOUL: The South Korean won edged higher in domestic trade on Tuesday, touching a near four-week high on the back of loc

Published 19 Nov, 2013 05:32am

Financial

Dollar on defensive; Fed comments curb selling

TOKYO: The dollar was on the defensive on Tuesday on expectations that the Federal Reserve will keep its easy policy sta

Published 19 Nov, 2013 05:27am

Financial

China's yuan little changed as central bank keeps firm hand on currency

HONG KONG: China's yuan was little changed against the dollar on Tuesday, as the central bank appears to prefer keep

Published 19 Nov, 2013 05:13am

Financial

Dollar rally slows in Asian trading

TOKYO: The dollar's surge ran out of steam in Asian afternoon trade Monday, despite a regional equities rally and fo

Published 18 Nov, 2013 08:39am

Financial

Sri Lanka rupee edges up on exporter dollar sales; stocks firmer

COLOMBO: The Sri Lankan rupee traded firmer on Monday in light volumes, further moving away from its near six-week low o

Published 18 Nov, 2013 05:46am

Financial

South Korea won edges up, traders watch out for intervention

SEOUL: The South Korean won edged up early on Monday, but was trapped in a narrow band as traders were wary of possible

Published 18 Nov, 2013 05:35am

Financial

China's yuan steady after reform plans, gap widens

HONG KONG: China's currency steadied near a record high on Monday as investors took a breather after authorities pro

Published 18 Nov, 2013 05:33am

Financial

Australia & NZ dollars gain versus yen as investors seek carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered around three-week highs versus the yen on Monday as yi

Published 18 Nov, 2013 05:31am

Financial

Indian rupee gains past 63/dollar; RBI chief comments, Fed taper fears ease

MUMBAI: The Indian rupee gained past 63/dollar on Thursday after comments from the central bank chief about dollar deman

Published 14 Nov, 2013 05:17am

Financial

Covering lifts Asia FX as Yellen backs Fed stimulus

SINGAPORE: Emerging Asian currencies rose on Thursday as concerns over capital outflows eased after Federal Reserve Vice

Published 14 Nov, 2013 05:13am

Financial

China's yuan steadies in policy tightrope walk

SHANGHAI/HONG KONG: China's yuan held near the day's lows on Thursday as heavy dollar buying by state-run banks

Published 14 Nov, 2013 05:11am

Financial

Indonesia rupiah hits lowest in over 4-1/2 years despite rate hike

SINGAPORE: The Indonesian rupiah on Wednesday hit its weakest in more than four-and-a-half years as foreign banks sold t

Published 13 Nov, 2013 05:05am

Financial

Dollar rises in Asia on upbeat US data

TOKYO: The dollar rose in Asia Tuesday as upbeat US jobs data fuelled speculation of a winding down of the Fed's mon

Published 12 Nov, 2013 06:34am

Financial

Sri Lanka rupee steady, importer demand offsets remittances; stocks slip

COLOMBO: The Sri Lankan rupee traded steady on Tuesday, as exporter dollar conversions and inward remittances offset dol

Published 12 Nov, 2013 06:18am

Financial

South Korea won edges higher on stocks' rise, dollar profit-taking

SEOUL: The South Korean won edged higher early on Tuesday, recouping some of its losses from a day earlier as Seoul shar

Published 12 Nov, 2013 05:16am

Financial

Euro gets reprieve, but policy, growth risks cap upside

SYDNEY: The euro clung onto modest gains early in Asia on Tuesday after a lacklustre overnight session that saw investor

Published 12 Nov, 2013 05:11am

Financial

Australia dollar slips to 6 week lows on softer data, NZD follows

SYDNEY/WELLINGTON: The Australian dollar stumbled to six-week lows against its US counterpart on Tuesday as a soft readi

Published 12 Nov, 2013 05:07am

Financial

Sri Lanka rupee firmer on exporter conversion, remittances

COLOMBO: The Sri Lankan rupee ended firmer on Monday from its more than one-month closing low as exporter dollar convers

Published 11 Nov, 2013 03:46pm

Financial

Dollar softens in Asia after US jobs data rally

TOKYO: The dollar softened in Asia Monday after surging on the back of upbeat US jobs data which stoked speculation of a

Published 11 Nov, 2013 07:52am

Financial

China's yuan little changed on central bank guidance, narrow trade range seen

SHANGHAI: China's yuan barely moved against the dollar on Monday after the central bank set a slightly weaker offici

Published 11 Nov, 2013 05:23am

Financial

Brent rises towards $106 after Iran talks end without deal

SINGAPORE: Brent futures edged up towards $106 a barrel in Asia on Monday after Iran and six world powers failed to reac

Published 11 Nov, 2013 05:14am

Financial

Australian & NZ dollars nurse losses, bond futures slip

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing losses on Monday after upbeat US jobs data streng

Published 11 Nov, 2013 05:13am

Financial

Dollar stands tall after jobs surprise keeps Fed taper in view

SYDNEY: The US dollar held near two-month highs against a basket of major currencies early in Asia on Monday, having sta

Published 11 Nov, 2013 12:12am

Financial

Sri Lanka rupee slips on importer dollar demand, more downside seen

COLOMBO: The Sri Lankan rupee traded around a one-month low on broad dollar strength on the back of firm US GDP data and

Published 08 Nov, 2013 11:50am

Financial

South Korea won falls on broad dollar strength, exporters cap losses

SEOUL: The South Korean won fell on Friday as the dollar benefited from strong US third-quarter growth data and the Euro

Published 08 Nov, 2013 11:50am

Financial

Euro falls further in Asia after ECB rate cut

TOKYO: The euro faced selling pressure against the dollar on Friday after plunging in New York in response to the Europe

Published 08 Nov, 2013 05:18am

Financial

Indian rupee falls on S&P comments, oil window taper reports

MUMBAI: The Indian rupee fell to a more than five-week low on Thursday after Standard & Poor's said the country

Published 07 Nov, 2013 01:16pm

Financial

Sri Lanka rupee at 4-week low; downward pressure remains

COLOMBO: The Sri Lankan rupee ended steady on Thursday hovering around a one-month closing low as year-end seasonal impo

Published 07 Nov, 2013 01:07pm

Financial

Euro dips ahead of ECB rate decision

TOKYO: The euro edged lower in Asia Thursday ahead of a European Central Bank meeting as markets wait to see if policyma

Published 07 Nov, 2013 05:00am

Financial

Indian rupee falls most in 2 months; talk of RBI oil swap window unwinding

MUMBAI: The Indian rupee fell the most in over two months on Wednesday on sustained dollar demand from state-run banks,

Published 06 Nov, 2013 01:05pm

Financial

Sri Lanka rupee at 4-week low on seasonal importer dollar demand

COLOMBO: The Sri Lankan rupee failed to hold on to earlier gains and ended slightly weaker on Wednesday at a four-week c

Published 06 Nov, 2013 12:59pm

Financial

Euro rebounds in Asia on hopes for fresh ECB easing

TOKYO: The euro rebounded in Asia trade on Wednesday on hopes for fresh European Central Bank easing policies after offi

Published 06 Nov, 2013 09:18am

Financial

South Korea won falls, seen trapped by US dollar strength

SEOUL: The South Korean won inched down in early domestic trade on Wednesday, pressured by the dollar's strength ove

Published 06 Nov, 2013 04:59am

Financial

Indian rupee gains on inflows; economy still a dampener

MUMBAI: The Indian rupee recovered from lows to snap two sessions of losses on Tuesday on bunched up dollar sales relate

Published 05 Nov, 2013 01:21pm

Financial

Philippine peso leads Asia FX gains; baht erases loss

SINGAPORE: The Philippine peso led gains among emerging Asian currencies on Tuesday as regional units recovered after th

Published 05 Nov, 2013 09:31am

Financial

South Korea won edges up but trapped on subdued trade, stocks

SEOUL: The South Korean won edged up on Tuesday on broad dollar weakness, but investors refrained from making big bets o

Published 05 Nov, 2013 06:04am

Financial

China's yuan edges higher on PBOC guidance, upside seen limited

SHANGHAI: China's yuan edged up against the dollar on Tuesday after the central bank set a slightly firmer midpoint,

Published 05 Nov, 2013 05:38am

Financial

Australian dollar dips after RBA talks down currency

SYDNEY: The Australian dollar dipped a quarter of a US cent on Tuesday after the Reserve Bank of Australia said the curr

Published 05 Nov, 2013 05:20am

Financial

Euro weakens in Asia ahead of ECB meeting

TOKYO: The euro slipped in Asia Tuesday ahead of a European Central Bank (ECB) meeting later in the week, with a sharp d

Published 05 Nov, 2013 04:20am

Financial

Euro lower on expectations of ECB rate cut

SINGAPORE: The euro edged lower in Asian trade Monday on growing expectations that the European Central Bank will cut in

Published 04 Nov, 2013 07:46am

Financial

Sri Lankan rupee dips on importers' dollar demand; stocks down

COLOMBO: The Sri Lankan rupee edged lower on Monday because of modest demand for dollars from importers, with dealers ex

Published 04 Nov, 2013 07:24am

Financial

Australia and NZ dollars bolstered by local data; RBA seen on hold

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were modestly higher across the board on Monday underpinned by

Published 04 Nov, 2013 04:48am

Financial

Euro sinks in Asia on deflation fears

TOKYO: The euro extended its losses in Asian trade Friday after a weak set of inflation data raised fears the debt-wrack

Published 01 Nov, 2013 05:04am

Financial

Dollar softens in Asia after Wall St rally

TOKYO: The dollar eased in Asia Thursday, paring gains in New York after the US Federal Reserve kept its stimulus progra

Published 31 Oct, 2013 04:36am

Financial

Dollar steady in Asia ahead of Fed decision

TOKYO: The dollar held steady in Asia on Wednesday as investors await the end of a US Federal Reserve policy meeting, lo

Published 30 Oct, 2013 05:47am

Financial

Dollar steady in Asia ahead of Fed decision

TOKYO: The dollar held steady in Asia on Wednesday as investors await the end of the US Federal Reserve's policy mee

Published 30 Oct, 2013 05:04am

Financial

China's yuan edges down on weaker PBOC midpoint

HONG KONG: China's yuan edged down against the dollar on Tuesday, after the central bank weakened its official midpo

Published 29 Oct, 2013 09:31am

Financial

Indian rupee, bonds gain after central bank sticks to 25 bps rate hike

MUMBAI: The Indian rupee strengthened and bonds gained after the central bank raised the repo rate by 25 basis points as

Published 29 Oct, 2013 07:18am

Financial

South Korea won steady as intervention concerns curb gains

SEOUL: The South Korean won was little changed in early trade on Tuesday, as concerns about additional intervention by l

Published 29 Oct, 2013 05:18am

Financial

Dollar mixed in Asia ahead of Fed meeting

TOKYO: The dollar was mixed in Asia Monday ahead of a Federal Reserve policy meeting, with a weak batch of data raising

Published 28 Oct, 2013 06:34am

Financial

Malaysian ringgit gains on plan to introduce consumption tax

SINGAPORE: The Malaysian ringgit extended gains to hit a session high on Friday after Prime Minister Najib Razak said th

Published 25 Oct, 2013 12:39pm

Financial

Euro slips in Asia on slowing eurozone business activity

TOKYO: The euro on Friday slipped from two-year highs against the dollar as slowing eurozone business activity weighed o

Published 25 Oct, 2013 04:23am

Financial

Indian rupee gains for 2nd day; tails equity market moves

MUMBAI: The Indian rupee extended gains for a second session on Thursday, largely mirroring equity moves in a subdued tr

Published 24 Oct, 2013 02:09pm

Financial

Sri Lanka rupee up at more than 3-month high on dollar inflows

COLOMBO: The Sri Lankan rupee was firmer at a more than three-month high on Thursday as exporters sold dollars due to ga

Published 24 Oct, 2013 09:56am

Financial

South Korea won soars to highest level vs dollar in more than 2 years

SEOUL: The South Korean won rose to its highest level in more than two years against the dollar on Thursday, building on

Published 24 Oct, 2013 06:32am

Financial

Ringgit up on short-covering before budget; China PMI lifts Asia FX

SINGAPORE: The Malaysian ringgit rose on Thursday as some investors hoped the government may deliver measures to improve

Published 24 Oct, 2013 06:28am

Financial

Dollar off 2-week low vs yen, Aussie up as China worries ebb

SINGAPORE/TOKYO: The dollar held above a two-week low versus the yen on Thursday while the Australian dollar rose as an

Published 24 Oct, 2013 06:19am

Financial

Euro gains in Asia on Spain recession exit

TOKYO: The euro rose Thursday as news that Spain exited recession boosted hopes for the battered eurozone, while the dol

Published 24 Oct, 2013 04:42am

Financial

Indian rupee snaps 3 days of losses; month-end dollar demand curbs gains

MUMBAI: The Indian rupee rose on Wednesday, but gave up most gains on the back of strong dollar demand from state-run ba

Published 23 Oct, 2013 01:33pm

Financial

Sri Lanka rupee closes at over 3-month high; central bank intervenes

COLOMBO: The Sri Lankan rupee closed at a more than three-month high on Wednesday, largely due to inflows from foreign b

Published 23 Oct, 2013 01:29pm

Financial

Sri Lanka rupee at over 3 month high on dollar inflows; stocks up

COLOMBO: The Sri Lankan rupee was trading at a more than three-month high on Wednesday, largely due to foreign buying in

Published 23 Oct, 2013 07:12am

Financial

South Korea won hits 9-month high as soft US data undercuts dollar

SEOUL: The South Korean won hit its strongest level in more than nine months on Wednesday after soft US jobs data bolste

Published 23 Oct, 2013 05:31am

Financial

Indian rupee, bonds gain on US jobs data

MUMBAI: The Indian rupee gained on Wednesday, tracking a weakness in the dollar after soft US jobs data led to hopes tha

Published 23 Oct, 2013 05:25am

Financial

Australian dollar buoyed by CPI rise, weak US data

SYDNEY/WELLINGTON: The Australian dollar scaled a 4-1/2-month peak on Wednesday after a higher-than-expected domestic in

Published 23 Oct, 2013 05:17am

Financial

Dollar under pressure in Asia on US jobs report

TOKYO: The dollar fell to a two-year low against the euro on Wednesday after a weak US jobs report fuelled expectations

Published 23 Oct, 2013 04:16am

Financial

China, Singapore to allow direct trading between currencies

SINGAPORE: China and Singapore have agreed to allow direct trading between each other's currency, Singapore's ce

Published 22 Oct, 2013 11:29am

Financial

Yuan takes breather after series of record highs, upward pressure remains

SHANGHAI: China's yuan edged down against the dollar on Tuesday after the central bank took advance of a global doll

Published 22 Oct, 2013 06:51am

Financial

South Korea won edges higher as exporters sell dollars

SEOUL: The South Korean won ended slightly higher in domestic trade on Tuesday, erasing initial losses as a steady suppl

Published 22 Oct, 2013 06:25am

Financial

Dollar rises in Asia ahead of key US jobs data

TOKYO: The dollar rose in Asian trade Tuesday as investors looked to key US jobs data later in the day as a gauge of the

Published 22 Oct, 2013 05:03am

Financial

Dollar rises in Asia ahead of key jobs data

TOKYO: The dollar rose in Asia Monday as risk sentiment got a boost following last week's US debt deal with investor

Published 21 Oct, 2013 05:25am

Financial

India's forex reserves rise to $279.24bn as on Oct 11

MUMBAI: India's foreign exchange reserves rose to $279.24 billion as of Oct. 11, compared with $277.73 billion in th

Published 18 Oct, 2013 12:17pm

Financial

Dollar mixed in Asia after US budget deal

TOKYO: The dollar edged up slightly against the yen, but slipped against the euro in Asian trade on Friday as dealers tu

Published 18 Oct, 2013 06:04am

Financial

Aussie hits 4-month high on RBA minutes, US deal optimism

LONDON: The Australian dollar hit a four-month high against the US dollar on Tuesday, lifted by Reserve Bank minutes sho

Published 15 Oct, 2013 08:28am

Financial

Sri Lanka rupee slips after rate cut; dealers expect downward pressure

COLOMBO: The Sri Lankan rupee edged down on Tuesday after the central bank surprisingly cut key policy interest rates by

Published 15 Oct, 2013 07:01am

Financial

Australian dollar pops to 4-month highs on US deal hopes, NZD follows

SYDNEY/WELLINGTON: The Australian and New Zealand dollars powered up to multi-week peaks on Tuesday after hopes of an im

Published 15 Oct, 2013 05:32am

Financial

South Korea won inches up to near 9 month high on U.S deal hopes

SEOUL: The South Korean won advanced to its highest against the greenback in nearly nine months early on Tuesday, lifted

Published 15 Oct, 2013 05:29am

Financial

Yuan sets record high vs dollar after strong central bank guidance

SHANGHAI: The Chinese yuan set a new peak against the dollar on Monday afternoon after the central bank guided the curre

Published 14 Oct, 2013 02:54pm

Financial

India rupee weakens on private oil demand; high inflation hurts

MUMBAI: The Indian rupee weakened on Monday, snapping two days of gains after data showed higher-than-expected inflation

Published 14 Oct, 2013 02:42pm

Financial

Dollar down as debt default looms

SINGAPORE: The dollar weakened in Asian trade Monday as lawmakers in Washington struggle to agree a budget deal that wil

Published 14 Oct, 2013 07:02am

Financial

Australia & NZ dollars subdued on US & China concerns

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were subdued on Monday as concerns about China's economic

Published 14 Oct, 2013 04:31am

Financial

South Korea won steady as investors monitor US debt talks

SEOUL: The South Korean won was nearly flat in early domestic trade on Monday, trapped in a relatively narrow band in th

Published 14 Oct, 2013 04:26am

Financial

South Korea, Indonesia agree on $10bn currency swap

SEOUL: South Korea said on Sunday it has agreed with Indonesia to sign a bilateral, three-year currency swap deal worth

Published 14 Oct, 2013 04:23am

Financial

Yen rallies as investors seek safe haven from US debt worries

WELLINGTON: The dollar fell on Monday while the yen rallied across the board, boosted by safe-haven demand due to concer

Published 13 Oct, 2013 09:24pm

Financial

Sri Lanka rupee near 3-month high

COLOMBO: The Sri Lankan rupee ended near a three-month high on Friday on dollar sales by exporters and banks, and dealer

Published 11 Oct, 2013 12:14pm

Financial

Dollar up against yen on hopes for US debt talks

TOKYO: The dollar rose against the yen in Asia Friday on optimism that talks between President Barack Obama and Republic

Published 11 Oct, 2013 06:45am

Financial

Dollar up in Asia on rising risk sentiment

TOKYO: The dollar rose in Asia Thursday as President Barack Obama formally nominated fiscal dove Janet Yellen to head th

Published 10 Oct, 2013 04:39am

Financial

Indian rupee, bonds gain after trade deficit narrows

MUMBAI: The Indian rupee, shares, and benchmark bonds gained on Wednesday after data showed the September trade deficit

Published 09 Oct, 2013 07:25am

Financial

Sri Lanka rupee near 3-month high; dealers see short-term stability

COLOMBO: The Sri Lankan rupee held steady near its three-month high on Wednesday as dollar sales by exporters and banks

Published 09 Oct, 2013 07:23am

Financial

Dollar up in Asia on US Fed chief nomination

TOKYO: The dollar climbed against the yen on Wednesday as investors cheered news that US President Barack Obama was pois

Published 09 Oct, 2013 06:15am

Financial

Asia FX mostly steady to lower, focus on US impasse

SINGAPORE: Most emerging Asian currencies were little changed or slightly lower on Tuesday as the budget impasse in Wash

Published 08 Oct, 2013 08:49am

Financial

Dollar edges up amid US budget woes

TOKYO: The dollar edged up against the yen in range-bound Asia trade on Tuesday as market players grew jittery over the

Published 08 Oct, 2013 07:02am

Financial

Sri Lanka rupee hovers near 3-month high; likely to be steady

COLOMBO: The Sri Lankan rupee was steady near its three-month high on Tuesday as dollar sales by exporters and banks off

Published 08 Oct, 2013 07:02am

Financial

South Korea won ekes out losses for second session, bonds tick up

SEOUL: The South Korean won eased early on Tuesday, extending the previous day's decline as investors generally avoi

Published 08 Oct, 2013 05:11am

Financial

Dollar sinks in Asia on US debt fears

TOKYO: The dollar fell in Asia Monday as investors fear a US budget deadlock in Washington could continue past a mid-Oct

Published 07 Oct, 2013 06:22am

Financial

Australia, NZD dollars resilient as US standoff drags on, rate outlook helps

SYDNEY/WELLINGTON: The Australian and New Zealand dollars consolidated near recent highs on Monday as the US dollar stru

Published 07 Oct, 2013 05:18am

Financial

South Korea won touches 8-1/2 month high on offshore dollar selling

SEOUL: The South Korean won inched higher in early domestic trade on Monday, touching an 8-1/2 month peak on dollar-sell

Published 07 Oct, 2013 05:07am

Financial

Sri Lanka rupee to show 'stable' behaviour in coming months

COLOMBO: Sri Lanka's currency will "behave in a stable manner" in the next few months as the central bank has taken

Published 07 Oct, 2013 05:03am

Financial

Dollar slips as no sign of progress in US budget stalemate

TOKYO: The dollar was on the back foot against the yen and the Swiss franc in early Asian trade on Monday as the weekend

Published 07 Oct, 2013 12:59am

Financial

Dollar hit in Asia by US debt fears

TOKYO: The dollar fell in Asia on Friday as investors ran for the euro and yen on growing fears the US government shutdo

Published 04 Oct, 2013 06:27am

Financial

India's Sept 20 money supply up 12.5pc y/y

MUMBAI: India's M3 money supply rose an annualised 12.5 percent in the two weeks to Sept. 20, slower than 13.6 perce

Published 03 Oct, 2013 08:51am

Financial

Sri Lanka rupee firmer on exporter dollar sales; further gains likely

COLOMBO: The Sri Lankan rupee was firmer on Thursday morning on mild dollar sales by exporters, and is expected to gain

Published 03 Oct, 2013 06:39am

Financial

Euro higher in Asia as Italy political crisis averted

TOKYO: The euro climbed in Asia Thursday after a bid to topple Italy's government fell apart, while the US budget im

Published 03 Oct, 2013 05:41am

Financial

New Zealand dollar boosted by hawkish RBNZ, Aussie dollar firm

SYDNEY/WELLINGTON: The New Zealand dollar received a fillip on Thursday after the Reserve Bank of New Zealand (RBNZ) sai

Published 03 Oct, 2013 04:56am

Financial

US dollar founders as shutdown standoff takes toll

TOKYO/SYDNEY: The dollar rebounded against the yen but struggled close to an eight-month low against a basket of rivals

Published 03 Oct, 2013 04:50am

Financial

Sri Lanka rupee firmer on exporter dollar sales; shares up

COLOMBO: The Sri Lankan rupee was firmer on Wednesday morning due to exporter sales of dollars a day after the currency

Published 02 Oct, 2013 05:51am

Financial

Dollar falls in Asia after US government shutdown

TOKYO: The dollar slipped in Asian trade on Wednesday owing to uncertainty caused by the US government shutdown but loss

Published 02 Oct, 2013 05:32am

Financial

South Korea won edges lower as traders on intervention watch

SEOUL: The South Korean won edged down on Wednesday morning, as traders were wary of further government intervention to

Published 02 Oct, 2013 04:59am

Financial

Dollar weakens as US government shuts down

TOKYO: The dollar fell in Asia on Tuesday as the United States lurched into its first government shutdown in 17 years du

Published 01 Oct, 2013 06:34am

Financial

Indian rupee gains; lower than estimated June-qtr current acct gap helps

MUMBAI: The Indian rupee gained on Tuesday, with the currency finding some support from a lower-than-expected June quart

Published 01 Oct, 2013 05:40am

Financial

Yen falls, stocks extend gains as PM Abe says to hike Japan sales tax

TOKYO: The US dollar spiked higher against the yen and Japanese stocks extended gains on Tuesday after Japanese Prime Mi

Published 01 Oct, 2013 05:31am

Financial

Australian dollar rises after RBA keeps rates on hold

SYDNEY: The Australian dollar rose a quarter of a cent on Tuesday after the Reserve Bank of Australia kept interest rate

Published 01 Oct, 2013 05:29am

Financial

Dollar firm in Asia as US government shutdown looms

TOKYO: The dollar rose in Asia on Tuesday with investors focused on a budget standoff in Washington that could shut down

Published 01 Oct, 2013 04:49am

Financial

Dollar eerily calm as US government shutdown looms

SYDNEY: The dollar was subdued in Asia on Tuesday and vulnerable against safe-haven currencies with Washington still loc

Published 30 Sep, 2013 11:13pm

Financial

Euro and dollar hit by political drama; yen, Swiss franc up

SYDNEY: The euro fell hard in Asia on Monday with Italy in the grip of a fresh political crisis, while investors also so

Published 30 Sep, 2013 12:24am

Financial

Sri Lanka rupee weaker on importer dollar demand despite central bank direction

COLOMBO: The Sri Lankan rupee ended weaker on Friday on importer dollar demand, while the central bank's direction n

Published 27 Sep, 2013 12:49pm

Financial

Indian rupee snaps 2 days of gains; June- quarter current a/c data due

MUMBAI: The Indian rupee fell on Friday, snapping two sessions of gains, as foreign banks bought dollars for their custo

Published 27 Sep, 2013 12:35pm

Financial

Yen rebounds in Asia

TOKYO: The yen rallied in Asia on Friday, rebounding from the previous day's losses fuelled by a report that Japan w

Published 27 Sep, 2013 07:12am

Financial

Yen rebounds in Asia

TOKYO: The yen rallied in Asia on Friday, rebounding from the previous day's losses fuelled by a report that Japan w

Published 27 Sep, 2013 04:20am

Financial

Baht up on solid export data; Asia FX higher

SINGAPORE: The Thai baht rose thanks to stronger-than-expected export data on Thursday, leading gains in emerging Asian

Published 26 Sep, 2013 08:47am

Financial

Kenya shilling strengthens after bond auction

NAIROBI: The Kenya shilling firmed against the dollar on Thursday after an infrastructure bond auction that attracted in

Published 26 Sep, 2013 08:44am

Financial

Long yuan, won positions at multi-month highs

SINGAPORE: Investors ramped up long positions in the Chinese yuan to their highest level in more than three months as bu

Published 26 Sep, 2013 08:03am

Financial

Yen weakens in Asia on Japan corporate tax cut report

TOKYO: The yen weakened in Asia Thursday as traders got a confidence boost on a report that Japan may cut corporate taxe

Published 26 Sep, 2013 05:21am

Financial

Dollar rises vs yen but US budget impasse caps gain

TOKYO: The dollar gained on the yen in Asia on Thursday on hopes of more corporate tax reform steps from Japan's gov

Published 26 Sep, 2013 04:48am

Financial

Australia & NZ dollars held back, mood cautious

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were held back on Thursday as markets stayed cautious amid pol

Published 26 Sep, 2013 04:45am

Financial

South Korea won edges higher on exporters, foreign inflows

SEOUL: The South Korean won edged higher in early domestic trade Thursday, recouping some of the previous day's loss

Published 26 Sep, 2013 04:42am

Financial

NZ dollar hit by trade deficit & Fonterra profit warning, drags Aussie

SYDNEY/WELLINGTON: The New Zealand dollar took a double knock on Wednesday after the nation's monthly trade deficit

Published 25 Sep, 2013 05:18am

Financial

Indonesian rupiah falls 1pc on month end corporate dollar demand

SINGAPORE: The Indonesian rupiah fell 1 percent to a near 4-1/2-year low on Wednesday amid dollar bids from local compan

Published 25 Sep, 2013 05:13am

Financial

Sri Lanka rupee down, inflows from bond sale contain fall

COLOMBO: The Sri Lankan rupee edged lower on Tuesday morning due to mild importer dollar demand, but traders said inflow

Published 24 Sep, 2013 06:19am

Financial

Dollar holds steady in Asia amid Fed stimulus uncertainty

TOKYO: The dollar held steady against the yen in Asian trade Tuesday amid uncertainty about the Federal Reserve's pl

Published 24 Sep, 2013 06:14am

Financial

South Korea won subdued as market takes breather

SEOUL: The South Korean won was nearly flat in domestic trade on Tuesday as investors took a breather following the curr

Published 24 Sep, 2013 04:45am

Financial

Dollar eases in Asia on Fed stimulus uncertainty

TOKYO: The dollar eased in Asia Tuesday amid uncertainty about the Federal Reserve's plans for its huge stimulus pro

Published 24 Sep, 2013 04:44am

Financial

Australia & NZ dollars lose some shine on global policy uncertainty

SYDNEY/WELLINGTON: The New Zealand and Australia dollars took a breather on Tuesday following recent hefty gains with un

Published 24 Sep, 2013 04:42am

Financial

Euro higher after Merkel election victory

SINGAPORE: The euro was higher in Asian trade Monday as German chancellor Angela Merkel clinched her third term in a con

Published 23 Sep, 2013 05:15am

Financial

Sri Lanka rupee firmer on dollar sales by banks, exporters

COLOMBO: The Sri Lankan rupee traded firmer on Friday as dollar sales by banks and exporters helped to ease pressure on

Published 20 Sep, 2013 09:45am

Financial

Indian rupee weaker ahead of central bank rate decision

MUMBAI: The Indian rupee was weaker in early trade on Friday ahead of the central bank's rate decision due at 0530GM

Published 20 Sep, 2013 06:51am

Financial

Dollar holds firm in Asian trading after Fed slump

TOKYO: The dollar held firm in Asia on Friday, boosted by upbeat US jobs and housing data after slumping on the Federal

Published 20 Sep, 2013 06:18am

Financial

Indian rupee rallies to near 5-week high; Fed move seen helping RBI policy

MUMBAI: The Indian rupee surged 2.6 percent on Thursday, hitting its highest in nearly five weeks, as the US Federal Res

Published 19 Sep, 2013 03:38pm

Financial

Dollar weakens against Asian units after Fed stimulus decision

TOKYO: The dollar was broadly lower against emerging market currencies in Asian trade on Thursday after the US Federal R

Published 19 Sep, 2013 05:57am

Financial

NZ dollar flies high after Fed & GDP surprise, AUD follows

SYDNEY/WELLINGTON: The New Zealand dollar tore to a four-month high on Thursday following a better-than-expected economi

Published 19 Sep, 2013 05:00am

Financial

Indian rupee rallies to 1 month high

MUMBAI: The Indian rupee surged as much as 2.8 percent on Thursday, hitting its highest in a month, as the US Federal Re

Published 19 Sep, 2013 04:54am

Financial

Dollar dips further after Fed holds firm on stimulus

TOKYO: The dollar faced further pressure in Asia Thursday morning, extending losses seen in New York after the US Federa

Published 19 Sep, 2013 04:20am

Financial

Dollar holds steady, Fed stimulus in focus

TOKYO: The dollar held steady in Asia on Wednesday as investors await the Federal Reserve's decision on whether to s

Published 18 Sep, 2013 05:05am

Financial

South Korea won ends down on profit-taking ahead of holiday break

SEOUL: The South Korean won edged down in domestic trade on Tuesday, weighed by profit-taking pressures as investors rep

Published 17 Sep, 2013 06:10am

Financial

Dollar holds firm in Asia after Fed race slump

TOKYO: The dollar held firm in Asia Tuesday after it slumped following a surprise weekend announcement that the front-ru

Published 17 Sep, 2013 05:57am

Financial

South Korea won inches down ahead of Fed, holiday

SEOUL: The South Korean won slipped along with its Asian peers early on Tuesday as investors treaded cautiously ahead of

Published 17 Sep, 2013 05:12am

Financial

Indian rupee weaker ahead of Fed meet

MUMBAI: The Indian rupee was weaker in early trades on Tuesday tracking weakness in most Asian peers ahead of the Federa

Published 17 Sep, 2013 05:05am

Financial

China's yuan weakens, further gains seen as limited

HONG KONG: China's yuan fell against the dollar on Tuesday on suspected intervention by the central bank to prevent

Published 17 Sep, 2013 05:03am

Financial

Dollar higher in Asia after Fed race slump

TOKYO: The dollar was stronger in Asia Tuesday after it slumped following a surprise weekend announcement that the front

Published 17 Sep, 2013 04:18am

Financial

Dollar eases after Summers quits Fed race

SINGAPORE: The dollar eased in Asia Monday after former US treasury secretary Larry Summers withdrew from the race to be

Published 16 Sep, 2013 06:15am

Financial

Indian rupee rallies to near 1-month high; traders await WPI data

MUMBAI: The Indian rupee rallied to a near one-month high on Monday, with stocks and bonds joining in, as hopes for a pr

Published 16 Sep, 2013 05:08am

Financial

China's yuan edges up after record-high midpoint fixing

HONG KONG: China's yuan edged up slightly against the dollar on Monday after the central bank set a record high midp

Published 16 Sep, 2013 05:06am

Financial

Dollar stumbles after Summers withdraws Fed candidacy

WELLINGTON: The US dollar stumbled broadly on Monday after Lawrence Summers withdrew from consideration to become the ne

Published 15 Sep, 2013 09:52pm

Financial

India interbank borrowing rates ease after early spike as RBI offers funding window

MUMBAI: India's interbank collateralised borrowing rates jumped as high as 72 percent on Saturday, sharply above the

Published 14 Sep, 2013 08:22am

Financial

Dollar rebounds in Asia, Fed meeting in focus

TOKYO: The dollar rebounded in Asia Friday ahead of a US Federal Reserve policy meeting next week, while buying sentimen

Published 13 Sep, 2013 08:37am

Financial

Dollar rebounds in Asia, Fed meeting in focus

TOKYO: The dollar rebounded in Asia Friday ahead of a US Federal Reserve policy meeting next week, while buying sentimen

Published 13 Sep, 2013 04:52am

Financial

Egyptian pound firms at central bank currency sale

CAIRO: Egypt's pound strengthened at a central bank foreign currency sale on Thursday.The central bank sold $38.6 mi

Published 12 Sep, 2013 09:15am

Financial

South Korea won hits 6 month high, but slips on suspected intervention

SEOUL: The South Korean won ended up on Thursday, touching its highest level in more than six months on foreign capital

Published 12 Sep, 2013 06:36am

Financial

Sri Lanka rupee weaker on importer dlr demand, downside limited

COLOMBO: The Sri Lankan rupee was weaker on Thursday as importer dollar demand offset the impact of inward remittances a

Published 12 Sep, 2013 06:23am

Financial

Dollar weakens in Asia, eyes on Fed meeting

TOKYO: The dollar weakened in Asia Thursday as attention turns to a US Federal Reserve policy meeting while hopes grew a

Published 12 Sep, 2013 05:51am

Financial

Australian dollar falls half a cent after soft jobs report

SYDNEY: The Australian dollar lost half a cent on Thursday after a weaker-than-expected jobs report cast doubts on the m

Published 12 Sep, 2013 05:03am

Financial

Australia dollar dumped on weak job data, NZD boosted

SYDNEY/WELLINGTON: The Australian dollar fell sharply from three-month highs on Thursday after a weak jobs report cast d

Published 12 Sep, 2013 04:57am

Financial

Dollar weakens in Asia, eyes on Fed meeting

TOKYO: The dollar weakened in Asia Thursday as attention turns to a US Federal Reserve policy meeting while traders grow

Published 12 Sep, 2013 04:12am

Financial

Sri Lanka rupee firmer on exporter dollar sales, global outlook

COLOMBO: The Sri Lankan rupee firmed on Wednesday as exporters sold dollars, enjoying a rare respite after a three-month

Published 11 Sep, 2013 07:15am

Financial

South Korea won down as dollar benefits from intervention concerns

SEOUL: The South Korean won fell on Wednesday, weighed by dollar-buying by offshore investors and local importers amid c

Published 11 Sep, 2013 06:26am

Financial

Dollar edges up against yen as Syria woes ease

TOKYO: The dollar moved higher against the yen in Asian trading on Wednesday, adding to the previous day's rally, as

Published 11 Sep, 2013 04:48am

Financial

Sri Lanka rupee firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed firmer on Tuesday on exporter dollar conversions in the absence of importer demand

Published 10 Sep, 2013 12:58pm

Financial

Dollar rallies in Asia on hedge fund buys

TOKYO: The dollar staged an afternoon rally in Asian trading on Tuesday as hedge fund purchases helped push up the unit.

Published 10 Sep, 2013 07:19am

Financial

Australia dollar reaches 6 week high on confidence boost

SYDNEY/WELLINGTON: The Australian dollar climbed to a six-week high on Tuesday after data showing a surge in domestic bu

Published 10 Sep, 2013 04:56am

Financial

Euro supported as Russian plan on Syria eases chance of US strike

TOKYO: The euro remained near its highest levels since late last month in Asian trade on Tuesday, as risk appetite ticke

Published 10 Sep, 2013 04:42am

Financial

China's yuan firms, but restrained by suspected intervention

SHANGHAI: China's yuan rose slightly against the dollar on Tuesday amid strong dollar sales, but dealers cited possi

Published 10 Sep, 2013 04:40am

Financial

Dollar under pressure in Asia on jobs, Syria

TOKYO: The dollar faced selling pressure in Asia on Tuesday as weak US jobs data and uncertainty over a military strike

Published 10 Sep, 2013 04:34am

Financial

Sri Lanka rupee steady; pressure remains

COLOMBO: Sri Lanka's rupee traded steady on Monday supported by an earlier directive by the central bank not to trad

Published 09 Sep, 2013 08:00am

Financial

Yen down after Japan growth data, Olympics success

TOKYOL: The yen weakened in Asia Monday following upbeat Japanese economic growth data and Tokyo's successful bid to

Published 09 Sep, 2013 06:22am

Financial

Australia & NZ dollars buoyed by China data, yen weakness

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose to multi-week highs against their US counterpart and the

Published 09 Sep, 2013 04:54am

Financial

China's yuan rallies on strong data

SHANGHAI: China's yuan rose against the dollar on Monday as stronger-than-expected export data added to evidence tha

Published 09 Sep, 2013 04:36am

Financial

Yen down after Japan growth data, Olympics success

TOKYO: The yen weakened in Asia Monday following upbeat Japanese economic growth data and Tokyo's successful bid to

Published 09 Sep, 2013 04:17am

Financial

Dollar eases ahead of US jobs data

TOKYO: The dollar eased in Asia on Friday as investors awaited US jobs data that could give clues about the timing of a

Published 06 Sep, 2013 06:14am

Financial

Australia & NZ dollars hold hefty weekly gains, yields jump

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were holding hefty gains for the week on Friday, in part due t

Published 06 Sep, 2013 05:48am

Financial

South Korea won up as dollar takes breather ahead of US data, Fed cues

SEOUL: The South Korean won was up on Friday morning, rebounding from Thursday's drop as investors took profit on th

Published 06 Sep, 2013 05:45am

Financial

Indian rupee opens flat; US data awaited

MUMBAI: The Indian rupee opened flat on Friday with traders expecting marginal gains during the session on the back of m

Published 06 Sep, 2013 05:41am

Financial

Yuan headed for flat week; central bank wants stability amid emerging market rout

SHANGHAI: China's yuan was little changed on Friday and appeared headed for a nearly flat week, as the central bank

Published 06 Sep, 2013 05:39am

Financial

Dollar eases ahead of US jobs data

TOKYO: The dollar eased in Asia on Friday as investors awaited US jobs data that could give clues about the timing of a

Published 06 Sep, 2013 04:25am

Financial

Indian rupee, stocks jump on new bank chief's plans

MUMBAI: India's rupee strengthened and stocks jumped Thursday after new central bank governor Raghuram Rajan outline

Published 05 Sep, 2013 09:15am

Financial

Sri Lanka rupee slightly weaker on importer dollar demand

COLOMBO: Sri Lanka's rupee was a tad weaker on Thursday due to dollar demand from importers as the local currency st

Published 05 Sep, 2013 06:56am

Financial

Yen edges down after Bank of Japan meeting

TOKYO: The yen slipped against the dollar in Asian trade Thursday on growing expectations of strong US jobs data while t

Published 05 Sep, 2013 06:22am

Financial

Australian dollar hits three-week peak, pulls NZD higher

SYDNEY/WELLINGTON: The Australian dollar held near three-week highs on Thursday as investors pared back short positions

Published 05 Sep, 2013 05:09am

Financial

India rupee, stocks rally as new RBI chief fuels confidence

MUMBAI: The rupee rallied and shares surged on Thursday after India's new central bank chief unveiled a slew of meas

Published 05 Sep, 2013 05:02am

Financial

China's yuan edges up on PBOC guidance, upside limited

SHANGHAI: China's yuan edged up against the dollar on Thursday after the central bank set a slightly firmer midpoint

Published 05 Sep, 2013 04:30am

Financial

Dollar off six-week high as US jobs, central bank decisions eyed

TOKYO: The dollar steadied just below a six-week high on Thursday after investors had booked profits on its recent gains

Published 05 Sep, 2013 02:08am

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: Sept 4 (Reuters) - The Sri Lankan rupee traded weaker on Wednesday due to importer dollar demand and the local

Published 04 Sep, 2013 07:08am

Financial

Australia dollar powers up on sturdy Q2 growth, bond yields jump

SYDNEY/WELLINGTON: The Australian dollar rallied on Wednesday as data showed the economy performed better last quarter,

Published 04 Sep, 2013 06:17am

Financial

Dollar climbs on US growth hope

TOKYO: The dollar clawed its way up in Asian trade Wednesday as upbeat US data outweighed concerns over possible militar

Published 04 Sep, 2013 05:57am

Financial

China's yuan rises on signs of economic recovery, but upside limited

SHANGHAI: China's yuan rose slightly against the dollar on Wednesday amid further signs of economic momentum in the

Published 04 Sep, 2013 05:44am

Financial

Indian rupee slips towards record low as central bank ushers in new head

MUMBAI: The rupee slid towards a record low against the dollar on Wednesday, providing the incoming governor of the coun

Published 04 Sep, 2013 05:43am

Financial

Dollar holds firm on US growth hope

TOKYO: The dollar held steady in Asian trade Wednesday as upbeat US data and concerns over possible military action in S

Published 04 Sep, 2013 04:24am

Financial

Indian rupee drops for second day

MUMBAI: The Indian rupee fell to within sight of a record low on Tuesday after Standard & Poor's said there was

Published 03 Sep, 2013 11:58am

Financial

India's rupee falls sharply, shares slump almost 3.5pc

MUMBAI: India's currency fell sharply Tuesday and stocks tumbled nearly 3.5 percent in another major sell-off caused

Published 03 Sep, 2013 09:51am

Financial

Dollar higher against yen as risk appetite grows

TOKYO: The dollar rose against the safe-haven yen in Asia on Tuesday as risk-taking sentiment increased on fading concer

Published 03 Sep, 2013 06:18am

Financial

Australia & NZ dollars hold gains ahead of RBA rate decision

SYDNEY/WELLINGTON: The Australian and New Zealand dollars kept offshore gains on Tuesday after upbeat global factory dat

Published 03 Sep, 2013 04:31am

Financial

Dollar higher against yen as risk appetite grows

TOKYO: The dollar rose against the safe-haven yen in Asia on Tuesday as risk-taking sentiment increased on fading concer

Published 03 Sep, 2013 04:00am

Financial

Indian rupee snaps two days gains

MUMBAI: The Indian rupee snapped two sessions of gains to end weaker on Monday as a slowing economy added to concerns ab

Published 02 Sep, 2013 12:38pm

Financial

Sri Lanka rupee tad firmer on exporter, banks' dollar sales

COLOMBO: The Sri Lankan rupee traded firmer on Monday as exporters and banks sold the dollar, but dealers said the curre

Published 02 Sep, 2013 07:35am

Financial

Yen slips as Syria worries ease, Aussie dollar cheers China data

SINGAPORE/SYDNEY: The yen eased against the dollar on Monday, while commodity currencies such as the Australian dollar e

Published 02 Sep, 2013 05:19am

Financial

Indian rupee opens weaker tracking weakness in offshore markets

MUMBAI: The Indian rupee opened lower on Monday tracking weakness in the offshore non-deliverable forward markets but tr

Published 02 Sep, 2013 05:16am

Financial

Dollar edges up amid speculation about US economy

TOKYO: The dollar edged up on Monday as trading remained cautious amid speculation about the timing of an end to massive

Published 02 Sep, 2013 04:28am

Financial

Sri Lanka rupee up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Friday, moving further away from an all-time low on dollar sales by export

Published 30 Aug, 2013 11:40am

Financial

India PM warns of inflation but reassures on rupee

NEW DELHI: India's premier warned the nation Friday to brace for higher prices because of the rupee's plunge to

Published 30 Aug, 2013 09:52am

Financial

Dollar eases against yen and euro in Asia

TOKYO: The dollar edged lower in Asian trade Friday following better-than expected US growth data and easing concerns ab

Published 30 Aug, 2013 05:49am

Financial

India cbank likely selling dollar via state-run banks, rupee recovers

MUMBAI: The Indian rupee recovered to session highs after the central bank steps up dollar sales to prevent the currency

Published 30 Aug, 2013 05:12am

Financial

Dollar eases against yen and euro in Asia

TOKYO: The dollar edged lower in Asian trade Friday following better-than expected US growth data and easing concerns ab

Published 30 Aug, 2013 04:09am

Financial

Dollar up as fears over impact of Syria strike ease

TOKYO: The dollar firmed against major currencies in Asia on Thursday as anxiety about the impact of a possible Western

Published 29 Aug, 2013 06:16am

Financial

Yen steady versus dollar, markets still cautious on Syria

SINGAPORE: The safe-haven yen held steady versus the dollar on Thursday after setting a three-week high the previous day

Published 29 Aug, 2013 06:03am

Financial

Australia & NZ dollars move off lows, mood cautious

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were off lows on Thursday as emerging market currencies showed

Published 29 Aug, 2013 04:31am

Financial

Yen off three-week highs but markets still cautious on Syria

SYDNEY: The safe-haven yen on Thursday trimmed some of the recent chunky gains that had taken it to three-week highs aga

Published 29 Aug, 2013 12:18am

Financial

Turkish lira falls despite bank action

ANKARA: The Turkish lira fell further against the dollar on Wednesday, despite assurances by the central bank and amid t

Published 28 Aug, 2013 02:59pm

Financial

Sri Lanka rupee hits record low; cenbank sees stability

COLOMBO: The Sri Lankan rupee hit an all-time low on Wednesday amid panic buying by importers, dealers said, but the cen

Published 28 Aug, 2013 07:21am

Financial

Indian unit hits record low as tensions rise over Syria

TOKYO: Emerging currencies were hammered in Asia Wednesday as traders fled to safety on rising tensions over Syria, with

Published 28 Aug, 2013 06:29am

Financial

Australia, NZ dollars downed in flight to safety, bonds rally

SYDNEY: The Australian and New Zealand dollars fell to three-week lows against their US counterpart on Wednesday, as str

Published 28 Aug, 2013 06:28am

Financial

Yen, Swiss franc advance as Syria conflict in focus

NEW YORK: The safe-haven yen and Swiss franc gained on Tuesday and riskier currencies like the Australian and New Zealan

Published 27 Aug, 2013 03:58pm

Financial

Turkish lira slump

ANKARA: The Turkish lira slumped to a record low on Tuesday, despite the central bank warning it has a war chest of up t

Published 27 Aug, 2013 03:35pm

Financial

Indian rupee hits new record low, stocks dive

MUMBAI: India's rupee plunged to a new low despite suspected central bank intervention and shares tumbled Tuesday on

Published 27 Aug, 2013 11:13am

Financial

Sri Lanka rupee falls to near 1-year low on importer dollar demand

COLOMBO: The Sri Lankan rupee traded weaker at a near 1-year low against the dollar on Tuesday on importer demand for do

Published 27 Aug, 2013 09:05am

Financial

India's rupee hits fresh lifetime low

MUMBAI: India's rupee fell to a new low Tuesday on fears over the country's slowing economy and the impact of a

Published 27 Aug, 2013 07:13am

Financial

Dollar sags in Asia on Syrian tension

TOKYO: The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military a

Published 27 Aug, 2013 06:32am

Financial

Turkish lira weakens beyond 2 per dollar for first time

ISTANBUL: The Turkish lira weakened to record lows on Tuesday, falling beyond 2 to the dollar for the first time.The lir

Published 27 Aug, 2013 05:06am

Financial

South Korea won's losses limited as local exporters eyed

SEOUL: The South Korean won fell early in Tuesday's session, pressured by broad dollar strength offshore, but is exp

Published 27 Aug, 2013 04:37am

Financial

Indian rupee weakens towards record lows; yields inch up

MUMBAI: The Indian rupee weakened to 65 to the dollar in opening trade on Tuesday, not far from its record low of 65.56

Published 27 Aug, 2013 04:25am

Financial

China's yuan set for monthly gain, mild appreciation seen ahead

HONG KONG: China's yuan steadied against the dollar on Tuesday but looked set for a second consecutive monthly gain

Published 27 Aug, 2013 04:21am

Financial

Sri Lanka rupee falls to near 1-year low

COLOMBO: The Sri Lankan rupee fell to a near one-year low against the dollar on Monday due to importer demand for the gr

Published 26 Aug, 2013 01:40pm

Financial

China's yuan at 1-week high as economy seen turning a corner

HONG KONG: China's yuan rose to a one-week high on Monday as a stronger fixing and signs that the economy is stabili

Published 26 Aug, 2013 07:03am

Financial

Emerging Asia currencies up after poor US data

TOKYO: Currencies continued their will-they-won't-they dance over the Federal Reserve stimulus drawdown in Asian tra

Published 26 Aug, 2013 06:34am

Financial

Indian rupee, bonds weaken at open; further falls expected

MUMBAI: The Indian rupee weakened in opening trade on Monday, tracking a lower rupee in the non-deliverable forward mark

Published 26 Aug, 2013 04:36am

Financial

Australia, NZ dollars struggle against short-selling pressure

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make headway on Monday, having proved indifferent

Published 26 Aug, 2013 04:30am

Financial

India forex reserves tad up at $278.807bn

MUMBAI: India's foreign exchange reserves were a tad up at $278.807 billion as of Aug. 16, compared with $278.602 bi

Published 23 Aug, 2013 12:23pm

Financial

Sri Lanka rupee slips to near 1-year low on foreign bond sales

COLOMBO: The Sri Lankan rupee fell to a fresh 11-1/2-month low against the dollar on Friday on renewed selling of govern

Published 23 Aug, 2013 08:11am

Financial

Rupee slide takes breather, dollar up against yen

TOKYO: The dollar's surge against the Indian rupee took a breather on Friday after hitting record highs for most of

Published 23 Aug, 2013 06:25am

Financial

Government reassurance helps boost India's rupee

MUMBAI: India's rupee recovered against the dollar in early trade Friday, with investors reassured by comments from

Published 23 Aug, 2013 06:05am

Financial

Australian & NZ dollars stabilise after rough week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars managed to steady on Friday as global risk aversion relented f

Published 23 Aug, 2013 04:51am

Financial

Asia's emerging currencies mixed after Fed minutes

TOKYO: Currencies in emerging Asia were mixed Thursday after Federal Reserve minutes were unable to provide any clarity

Published 22 Aug, 2013 05:33am

Financial

Dollar inches higher but under pressure ahead of Fed minutes

LONDON: The dollar edged away from a six-month low against the euro on Wednesday but stayed under pressure on concerns t

Published 21 Aug, 2013 07:43am

Financial

Indian shares higher on new central bank measures

MUMBAI: India's shares opened higher and bond yields eased Wednesday but its currency remained under pressure after

Published 21 Aug, 2013 06:12am

Financial

Dollar firms against euro, yen, slips against rupee

TOKYO: The dollar firmed against the euro and the yen on Wednesday, while India's rupee rebounded from a record low

Published 21 Aug, 2013 05:34am

Financial

Australian & kiwi dollars weighed by weak stocks, investor anxiety

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended losses on Wednesday, weighed by falling Asian stocks

Published 21 Aug, 2013 04:17am

Financial

Indian rupee hits new low

MUMBAI: Indian rupee slumped to a new record low to the dollar on Tuesday, prompting suspected central bank intervention

Published 20 Aug, 2013 12:47pm

Financial

Yuan edges higher on midpoint signal, focus on PBOC guidance

SHANGHAI: China's yuan rose slightly on Tuesday after the central bank set its official midpoint nearly flat, fuelin

Published 20 Aug, 2013 05:15am

Financial

New Zealand & Australia dollars bruised by central bank speak

SYDNEY/WELLINGTON: The Australian and New Zealand dollars nursed losses on Tuesday after both country's central bank

Published 20 Aug, 2013 05:11am

Financial

Indian rupee falls past 64/dollar; funding deficit a concern

MUMBAI: The Indian rupee extended losses past 64 to a dollar on continued concerns about how the country will fund its c

Published 20 Aug, 2013 05:07am

Financial

Dollar up on Fed tapering talk, emerging currencies hit

TOKYO: The dollar rose on Tuesday, with emerging market currencies under fresh pressure as dealers bet the US Federal Re

Published 20 Aug, 2013 04:36am

Financial

Indian rupee falls to record low

MUMBAI: The rupee hit a record low on Monday as India's defence of the currency failed to stop its decline but exact

Published 19 Aug, 2013 01:53pm

Financial

Dollar steady but ripe for gains before Fed minutes

LONDON: The dollar held steady on Monday as investors refrained from fresh bets on the currency before US Federal Reserv

Published 19 Aug, 2013 08:04am

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee was trading weaker on Monday due to importer demand for US dollars, with currency dealers

Published 19 Aug, 2013 06:44am

Financial

South Korea won edges up as investors await Fed minutes, Jackson Hole

SEOUL: The South Korean won edged up early on Monday but trading was light as most investors waited for the minutes of t

Published 19 Aug, 2013 06:13am

Financial

New Zealand dollar powers up to 2-month peak, AUD follows

SYDNEY: The Australian and New Zealand dollars rose broadly on Monday to fight stiff chart resistance, though investors

Published 19 Aug, 2013 06:12am

Financial

Dollar rangebound in Asian trade

TOKYO: The dollar barely moved against the yen in Asia on Monday after investors turned to the Japanese unit following l

Published 19 Aug, 2013 05:43am

Financial

Yuan slips from record highs, uptrend seen intact until early Sept

SHANGHAI: China's yuan edged down on Monday after a string of record highs, following weaker central bank guidance,

Published 19 Aug, 2013 05:41am

Financial

Dollar slips in Asian trade

TOKYO: The dollar weakened against the yen in Asia on Monday with investors turning to the safe-haven Japanese unit foll

Published 19 Aug, 2013 04:44am

Financial

Indian rupee plunges to new low, stocks down near 4pc

MUMBAI: Indian rupee plunged to a new low on Friday and stocks saw their sharpest single-day fall in nearly two years on

Published 16 Aug, 2013 12:45pm

Financial

Dollar gains in Asia after fresh economic data

TOKYO: The dollar inched higher in Asia on Friday as investors reacted to fresh US data that pointed to a brightening jo

Published 16 Aug, 2013 09:45am

Financial

India's rupee hits new record low against dollar

MUMBAI: India's rupee plunged to a new record low against the dollar Friday and stocks slid 2.66 percent over fears

Published 16 Aug, 2013 08:15am

Financial

Sri Lanka rupee firm on dollar sales by banks

COLOMBO: The Sri Lankan rupee was slightly firmer on Thursday due to dollar sales by banks in thin volume and as importe

Published 15 Aug, 2013 06:58am

Financial

Kiwi dollar soars as strong data sharpens yield play, AUD aided by commodities

SYDNEY/WELLINGTON: The Australian and New Zealand dollars shot higher on Thursday after a raft of upbeat data in New Zea

Published 15 Aug, 2013 05:21am

Financial

Ringgit at 3-year low, Fed tapering views hit Asia FX

SINGAPORE: The Malaysian ringgit hit a fresh three-year low on Wednesday amid broad weakness in emerging Asian currencie

Published 14 Aug, 2013 07:33am

Financial

Yuan edges up, traders see PBOC encouraging mildly firm trend

SHANGHAI: China's yuan gained slightly on Wednesday morning as traders expected the central bank to gradually guide

Published 14 Aug, 2013 07:31am

Financial

Sri Lanka rupee firms on bank dollar sales, still under pressure

COLOMBO: The Sri Lankan rupee traded firmer on Wednesday as banks sold dollars in dull trade, but currency dealers said

Published 14 Aug, 2013 07:30am

Financial

Dollar under pressure in Asia on modest retail sales

TOKYO: The dollar was under pressure on Wednesday after a weaker-than-expected US retail sales report, while euro tradin

Published 14 Aug, 2013 06:18am

Financial

Dollar recovers in Asian trade

TOKYO: The dollar rebounded against the yen in Asia on Tuesday as markets eye key US economic data for signs of a recove

Published 13 Aug, 2013 12:51pm

Financial

Sri Lanka rupee slips on dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday as importer dollar demand offset greenback sales by banks

Published 13 Aug, 2013 11:58am

Financial

Yuan moves away from record high, outlook seen stable

HONG KONG: The Chinese yuan moved away from a recent record high on Tuesday, as the People's Bank of China (PBOC) en

Published 13 Aug, 2013 05:47am

Financial

Indian rupee weakens despite govt steps as factory output drops

MUMBAI: The Indian rupee opened weaker on Tuesday on the back of a contraction in factory output growth in June, with th

Published 13 Aug, 2013 04:18am

Financial

Dollar rebounds in Asian trade

TOKYO: The dollar rebounded in Asia Tuesday as markets eye key US economic data while signs that Japan will usher in tax

Published 13 Aug, 2013 04:08am

Financial

Sri Lanka rupee edges up on exporter dollar sale

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday as banks and exporters sold dollars and with dealers cont

Published 12 Aug, 2013 07:22am

Financial

Yen could stage surprise gain if 'Abenomics' loses lustre

TOKYO: Although the yen constantly faces gravity from the Bank of Japan's massive stimulus, contrarians think the cu

Published 12 Aug, 2013 07:19am

Financial

Sri Lanka rupee edges up on exporter dollar sale

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday as banks and exporters sold dollars and with dealers cont

Published 12 Aug, 2013 06:23am

Financial

India's rupee gains after RBI steps to support currency

MUMBAI: India's rupee gained marginally against the dollar on Monday, after the central bank announced fresh measure

Published 12 Aug, 2013 05:51am

Financial

Indian rupee gains, bonds fall on central bank cash-draining steps

MUMBAI: The Indian rupee saw a modest gain early on Monday while government bonds fell on Monday after the central bank

Published 12 Aug, 2013 04:12am

Financial

South Korea won edges down as momentum sags, bonds up

SEOUL: The South Korean won, which rallied briefly last week, slipped early on Monday in light vacation season trading.T

Published 12 Aug, 2013 04:05am

Financial

Australia & NZ dollars hold gains, retreating euro helps

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held handy gains versus their US counterpart on Monday, suppor

Published 12 Aug, 2013 03:59am

Financial

Sri Lanka rupee ends little changed on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended little changed on Thursday as dollar sales by exporters and banks offset importer de

Published 08 Aug, 2013 01:16pm

Financial

Indian rupee posts best gain in two weeks; central bank support seen

MUMBAI: The Indian rupee posted its best single-day gain in two weeks on Thursday, boosted by hopes of a package from th

Published 08 Aug, 2013 01:09pm

Financial

Dollar loses early gains in afternoon Asian trade

TOKYO: The dollar failed to hold on to early gains against the yen in Asian afternoon trade, after the Bank of Japan kep

Published 08 Aug, 2013 10:19am

Financial

Sri Lanka rupee little changed amid importer dollar demand

COLOMBO: The Sri Lankan rupee traded little changed on Thursday amid importer dollar demand, with dealers shifted to one

Published 08 Aug, 2013 06:33am

Financial

Australian dollar rallies after China trade offsets weak jobs

SYDNEY/WELLINGTON: The Australian dollar extended recent gains on Thursday after China trade data far-exceeded expectati

Published 08 Aug, 2013 05:59am

Financial

Yuan strikes new high for second day after positive trade data

SHANGHAI: China's yuan hit a record high against the dollar for a second straight day on Thursday, with traders citi

Published 08 Aug, 2013 05:49am

Financial

Dollar overrun by the yen; China data looms large

SYDNEY: The dollar crumbled to seven-week lows on Thursday after the yen ploughed through major resistance levels in a s

Published 07 Aug, 2013 11:33pm

Financial

Dollar weak in Asia after tepid jobs data

TOKYO: The dollar was under pressure in Asia on Monday after lacklustre US jobs data and exporter selling weighed on the

Published 07 Aug, 2013 04:02pm

Financial

Importer dollar demand pulls Sri Lanka rupee down

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday due to importer dollar demand as the central bank, eager to hold

Published 07 Aug, 2013 12:08pm

Financial

Yuan closes at record high of 6.1192 per dollar

SHANGHAI: China's yuan closed at a record high of 6.1192 against the dollar on Wednesday, its highest since the fore

Published 07 Aug, 2013 11:28am

Financial

Dollar falls against yen in Asia

TOKYO: The dollar skidded lower against the yen in Asian trade Wednesday despite the increasing likelihood of a tapering

Published 07 Aug, 2013 07:48am

Financial

NY sugar's target at 16.37 cents unchanged

SINGAPORE: New York October sugar still targets 16.37 cents per lb, as it has broken below a support at 16.64 cents.The

Published 07 Aug, 2013 07:16am

Financial

South Korea won falls a 2nd day on Fed stimulus exit bets, importers

SEOUL: The South Korean won ended lower in domestic trade Wednesday, weighed down by renewed speculation that the US Fed

Published 07 Aug, 2013 07:12am

Financial

Indian rupee on slippery path as support measures awaited

MUMBAI: The Indian rupee resumed its descent on Wednesday to move within sight of a record low hit a day earlier, with p

Published 07 Aug, 2013 07:05am

Financial

Sri Lanka rupee weakens on importer dollar demand

COLOMBO: The Sri Lankan rupee slipped on Wednesday due to importer dollar demand, with dealers shifted to one-day forwar

Published 07 Aug, 2013 07:04am

Financial

Yuan touches record highs, market debates central bank signals

SHANGHAI: China's yuan briefly touched record highs against the dollar on Wednesday morning, stirring speculation am

Published 07 Aug, 2013 05:24am

Financial

Dollar falls on jitters over US stimulus tapering

TOKYO: The dollar skidded lower against other major currencies in Asian trade Wednesday as investors fretted about a pos

Published 07 Aug, 2013 04:51am

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as light importer dollar demand offset exporter dollar sales and a

Published 06 Aug, 2013 01:17pm

Financial

India central bank helps rupee recover after hitting life low

MUMBAI: The Indian rupee hit a record low of 61.80 on Tuesday but recovered after the central bank intervened and the ap

Published 06 Aug, 2013 01:15pm

Financial

India rupee hits record low

MUMBAI: The rupee fell to a record low on Tuesday, raising prospects for fresh measures to bolster a currency which has

Published 06 Aug, 2013 12:28pm

Financial

Turkish lira's real exchange rate falls

ISTANBUL: Turkey's central bank said on Tuesday the real effective exchange rate of the lira, which the bank is moni

Published 06 Aug, 2013 12:20pm

Financial

Yen strengthens; Asian shares fall to 2 week low

TOKYO: The dollar extended losses against the yen into a third day on Tuesday as markets questioned their expectations t

Published 06 Aug, 2013 04:06am

Financial

South Korea won steady amid Fed uncertainty; investors eye RBA

SEOUL: The South Korean won was little changed in early domestic trade on Tuesday, with investors taking a breather foll

Published 06 Aug, 2013 04:02am

Financial

Dollar takes defensive stance; Aussie awaits RBA decision

SINGAPORE: The dollar slipped versus the yen on Tuesday, staying on the defensive after Friday's US jobs data lowere

Published 06 Aug, 2013 03:52am

Financial

Dollar weak in Asia after tepid jobs data

TOKYO: The dollar was under pressure in Asia on Monday after lacklustre US jobs data and exporter selling weighed on the

Published 05 Aug, 2013 12:50pm

Financial

Dollar weak in Asia after tepid jobs data

TOKYO: The dollar was under pressure in Asia on Monday after lacklustre US jobs data and exporter selling weighed on the

Published 05 Aug, 2013 06:02am

Financial

New Zealand & Aussie dollars plumb new lows, bonds surge

SYDNEY/WELLINGTON: The New Zealand dollar was hammered on Monday after the country's biggest exporter dairy giant Fo

Published 05 Aug, 2013 05:28am

Financial

Yuan edges up on corporate dollar sales, upside seen limited

SHANGHAI: China's yuan edged higher on Monday as traders cited corporate dollar selling, an indication that foreign

Published 05 Aug, 2013 05:27am

Financial

Dollar weak in Asia after tepid jobs data

TOKYO: The dollar was under pressure in Asia on Monday after lacklustre US jobs data and exporter selling weighed on the

Published 05 Aug, 2013 04:59am

Financial

India central bank 'intervened to rescue rupee'

MUMBAI: India's central Reserve Bank of India was believed to have intervened in the foreign exchange market Friday

Published 02 Aug, 2013 04:11pm

Financial

South Korea won ends flat as investors await US jobs data

SEOUL: The South Korean won ended flat in domestic trade Friday, as investors tread cautiously ahead of US July unemploy

Published 02 Aug, 2013 06:26am

Financial

Dollar firms in Asia after upbeat US data

TOKYO: The dollar edged up in Asian trade on Friday after data showed US manufacturing activity beat expectations and ro

Published 02 Aug, 2013 06:15am

Financial

Sri Lanka rupee flat near 10 month lows; central bank vigilant

COLOMBO: The Sri Lankan rupee held near 10-month lows on Friday as importer dollar demand prevented the currency from re

Published 02 Aug, 2013 05:48am

Financial

Yuan little changed, forwards imply stable yuan for rest of 2013

SHANGHAI: Chin's yuan was almost unchanged in narrow trade on Friday after the central bank set a slightly weaker of

Published 02 Aug, 2013 04:43am

Financial

Dollar firms in Asia after upbeat US data

TOKYO: The dollar firmed in Asian trade on Friday after data showed manufacturing activity beat expectations and rose to

Published 02 Aug, 2013 04:20am

Financial

South Korea won ends steady, investors cautious ahead of US jobs data

SEOUL: The South Korean won ended steady in domestic trade Thursday, giving up its slim gains in early trade as investor

Published 01 Aug, 2013 07:04am

Financial

Sri Lanka rupee edges up from 10 month low, but still vulnerable

COLOMBO: The Sri Lankan rupee bounced slightly from a 10-month low on Thursday, but dealers said the currency remains vu

Published 01 Aug, 2013 06:33am

Financial

Dollar rebounds after New York losses

TOKYO: The dollar bounced back against the yen in Asia Thursday on relief the US Federal Reserve decided to keep its sti

Published 01 Aug, 2013 06:13am

Financial

Yuan edges up on corporate dollar sales, upside limited

SHANGHAI: The Chinese yuan edged higher on Thursday, driven by banks selling off dollars they had been compelled to reta

Published 01 Aug, 2013 05:37am

Financial

Dollar rebounds after New York losses

TOKYO: The dollar bounced back against the yen in Asia Thursday on relief the US Federal Reserve decided to keep its sti

Published 01 Aug, 2013 04:52am

Financial

Dollar holds firm ahead of Fed meeting outcome

TOKYO: The dollar held firm in Asia Wednesday as investors kept to the sidelines as the US Federal Reserve concludes its

Published 31 Jul, 2013 06:07am

Financial

Australia dollar swept lower, plagued by rate outlook

SYDNEY: The Australian dollar was under heavy pressure on Wednesday, and heading for a third straight month of losses, a

Published 31 Jul, 2013 05:48am

Financial

Indian rupee approaches record low; RBI watched for intervention

MUMBAI: The Indian rupee approached a record low on Wednesday on doubts about whether the central bank can defend the cu

Published 31 Jul, 2013 05:40am

Financial

Dollar holds firm ahead of Fed meeting outcome

TOKYO: The dollar held firm in Asia Wednesday as investors kept to the sidelines ahead of the Fed concluding its policy

Published 31 Jul, 2013 05:17am

Financial

Sri Lanka rupee drops to near 10-month low

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday to hover near a 10-month low, with dollar demand from importers ex

Published 30 Jul, 2013 12:14pm

Financial

Dollar firms in Asia after New York sell-off

TOKYO: The dollar rebounded in Asia on Tuesday after tumbling in New York on speculation that the US central bank will h

Published 30 Jul, 2013 05:31am

Financial

Australia dollar skids on dovish central bank, rate cut wagers

SYDNEY: The Australian dollar slid on Tuesday after the head of the country's central bank said he would not be surp

Published 30 Jul, 2013 05:23am

Financial

Dollar firms in Asia after New York sell-off

TOKYO: The dollar rebounded in Asia on Tuesday after suffering a sell-off on speculation that the US central bank will h

Published 30 Jul, 2013 04:47am

Financial

Indian rupee snaps 3 days of gain ahead of RBI rate decision

MUMBAI: The Indian rupee fell for the first session in four on Monday on the back of dollar demand from oil importers an

Published 29 Jul, 2013 11:50am

Financial

Dollar retreats ahead of Fed meet, hits 1 month low on yen

TOKYO: The dollar slumped to a one-month low against the yen on expectations that the Federal Reserve will affirm at its

Published 29 Jul, 2013 04:13am

Financial

Aussie, kiwi dollars hold gains before busy week

SYDNEY: The Australian and New Zealand dollars held firm on Monday, with investors nervous of taking big positions at th

Published 29 Jul, 2013 03:48am

Financial

Dollar falls to two-week low against yen in Asia

TOKYO: The dollar slumped in Asia on Friday as poor US data weighed, while the euro was mixed after an upbeat German bus

Published 26 Jul, 2013 07:21am

Financial

Sri Lanka rupee steady at 10 month low, bank seen buying dollars

COLOMBO: The Sri Lankan rupee held steady on Friday around its 10-month closing low, with importer dollar demand from a

Published 26 Jul, 2013 06:51am

Financial

Indian rupee gains on govt advisor comments

MUMBAI: India's rupee firmed against the dollar on Friday, a day after a government advisor said steps were being ta

Published 26 Jul, 2013 06:15am

Financial

China's yuan edges higher, upside seen limited

HONG KONG: The Chinese yuan edged higher against the dollar on Friday after the central bank set a stronger midpoint, bu

Published 26 Jul, 2013 05:15am

Financial

Dollar near five-week low, Japan stocks tumble

TOKYO: Tokyo shares fell sharply on Friday on the back of a stronger yen and the dollar languished at a five-week low ag

Published 26 Jul, 2013 03:41am

Financial

Australian dollar bounces, but outpaced by racy NZD

SYDNEY: The Australian and New Zealand dollars held on to hefty gains on Friday after the greenback came under pressure

Published 26 Jul, 2013 03:39am

Financial

Indian rupee hits 5-week peak, but off highs on importer dollar demand

MUMBAI: The Indian rupee strengthened to a five-week high on Thursday as the central bank's measures to drain liquid

Published 25 Jul, 2013 01:12pm

Financial

Dollar weakens in Asia after housing data boost

TOKYO: The dollar weakened on the yen and euro in Asia Thursday after getting a boost from upbeat US housing figures, wh

Published 25 Jul, 2013 06:52am

Financial

Sri Lanka rupee firmer on liquidity shortage

COLOMBO: The Sri Lankan rupee edged up for a second straight session on Wednesday, helped by bank dollar sales to cover

Published 24 Jul, 2013 07:34am

Financial

China's yuan steadies at one-week high, PMI checks gains

HONG KONG: The Chinese yuan steadied at a one-week high against the US dollar on Wednesday following a stronger daily fi

Published 24 Jul, 2013 05:23am

Financial

Dollar rises in Asian trading

TOKYO: The dollar strengthened in thin Asian trade Wednesday, rebounding from losses in New York fuelled by a weak US ma

Published 24 Jul, 2013 05:00am

Financial

Sri Lanka rupee recovers from 10 month low on exporter dollar sales

COLOMBO: The Sri Lankan rupee recovered from its 10-month low on Tuesday helped by exporter dollar sales, but currency d

Published 23 Jul, 2013 06:15am

Financial

Dollar slips versus yen in Asian trade

TOKYO: The dollar weakened against the yen in Asia Tuesday after poor US housing data raised the likelihood the Federal

Published 23 Jul, 2013 06:10am

Financial

Aussie, kiwi dollars outperform, helped by metals rally

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended gains on Tuesday, buoyed by a broadly weak US counter

Published 23 Jul, 2013 05:42am

Financial

Dollar edges down in summer lull, tracks US yields

TOKYO/SYDNEY: The dollar edged lower in Asia on Tuesday as the slide in US Treasury yields over the past two weeks gave

Published 23 Jul, 2013 04:40am

Financial

Dollar slips on profit-taking after Japan poll

TOKYO: The dollar weakened against the yen in Asia on Monday as investors locked in profits after a comfortable victory

Published 22 Jul, 2013 07:13am

Financial

Yen rises in choppy trade after Japan PM's election win

SINGAPORE: The yen rose on Monday in choppy trading, having dipped initially after a big win by Japanese Prime Minister

Published 22 Jul, 2013 05:56am

Financial

Yuan firms slightly on 8th anniversary of revaluation

SHANGHAI: The yuan strengthened slightly in morning trade on Monday, the eighth anniversary of the currency's revalu

Published 22 Jul, 2013 05:55am

Financial

South Korea won edges higher, stock market lends support

SEOUL: The South Korean won rose in early domestic trade on Monday, tracking gains in the local share market as well as

Published 22 Jul, 2013 05:54am

Financial

Aussie, kiwi dolllars inch up, helped by gold and China rate reform

SYDNEY/WELLINGTON: The Australian and New Zealand dollars ground higher on Monday, extending their recovery from recent

Published 22 Jul, 2013 05:53am

Financial

Dollar slips on profit-taking after Japan poll

TOKYO: The dollar weakened against the yen in Asia on Monday as investors locked in profits after a comfortable victory

Published 22 Jul, 2013 05:32am

Financial

China's yuan reform ‘brave’, next targets land, monopoly, tax

SHANGHAI: China's moves to liberalise its currency have been courageous given the economic risks, and next areas for

Published 21 Jul, 2013 09:29am

Financial

Australia & NZ dollars out of puff, but set to end week higher

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make any headway on Friday after attempts to hold

Published 19 Jul, 2013 05:51am

Financial

South Korea won edges up on exporters, bonds tick up

SEOUL: The South Korean won edged up by midday on Friday as it found support from exporters' dollar sales and corpor

Published 19 Jul, 2013 05:49am

Financial

Yuan edges up, seen trading in narrow range in near term

SHANGHAI: The yuan edged higher against the dollar on Friday as dollar sales by exporters offset a slightly weaker centr

Published 19 Jul, 2013 05:43am

Financial

Yen gains in Asia

TOKYO: The yen gained ground against the dollar in Asia Friday as investors adjusted their positions ahead of Japan'

Published 19 Jul, 2013 05:22am

Financial

Indian rupee, bonds fall ahead of government bond sale

MUMBAI: The Indian rupee and government bonds weakened in early trade on Friday ahead of a bond auction that will be a k

Published 19 Jul, 2013 04:17am

Financial

C$ gains against a string of global currencies

TORONTO: The Canadian dollar gained against its US counterpart and surged versus a string of other major currencies on T

Published 18 Jul, 2013 10:01pm

Financial

Dollar up in Asia after Bernanke testimony

TOKYO: The dollar gained in Asia Thursday after the US Federal Reserve said the bank's easy money policy would remai

Published 18 Jul, 2013 05:52am

Financial

Dollar up in Asia after Bernanke testimony

TOKYO: The dollar edged up in Asia on Thursday after US Federal Reserve chief Ben Bernanke said the bank's easy mone

Published 18 Jul, 2013 03:16am

Financial

Sri Lanka rupee at 10-month low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell 0.17 percent on Wednesday to its lowest level in 10 months on importer dollar demand

Published 17 Jul, 2013 01:29pm

Financial

Asia-Pacific currencies tumble on Fed, China fears

TOKYO: Asia-Pacific leaders are scrambling to reverse a decline in their currencies as an expected tapering of the US Fe

Published 17 Jul, 2013 08:58am

Financial

Dollar steady ahead of Bernanke testimony

TOKYO: The US dollar traded in a narrow range in Asia on Wednesday ahead of US Federal Reserve chief Ben Bernanke's

Published 17 Jul, 2013 05:48am

Financial

Yuan edges up on central bank guidance, upside seen limited

SHANGHAI: The yuan edged higher against the dollar on Wednesday after the central bank set a stronger midpoint, but deal

Published 17 Jul, 2013 05:32am

Financial

C$ firms before Fed, Bank of Canada chiefs speak

TORONTO: The Canadian dollar gained against the US dollar on Tuesday, as traders scaled back bets on greenback strength

Published 16 Jul, 2013 10:09pm

Financial

India's rupee gains on rate rises

NEW DELHI: India's rupee rebounded Tuesday after the central bank raised some interest rates to defend the currency,

Published 16 Jul, 2013 01:57pm

Financial

India's rupee gains after bank intervention

MUMBAI: India's rupee rose marginally against the dollar on Tuesday after the central bank hiked short-term interest

Published 16 Jul, 2013 06:23am

Financial

C$ weaker as eyes turn to Bank of Canada

TORONTO: The Canadian dollar weakened against the US dollar on Monday as a relief rally spurred by Chinese growth faded

Published 15 Jul, 2013 09:56pm

Financial

Turkish 5-year fixed-coupon bond yields 9.12pc in tap, below f'cast

ISTANBUL: The Turkish Treasury sold a five-year fixed-coupon bond in a tap at a yield of 9.12 percent, data showed on Mo

Published 15 Jul, 2013 11:42am

Financial

Dollar eases against yen in Asian trading

SINGAPORE: The dollar eased against the yen in Asian trade Monday ahead of a testimony by Federal Reserve chief Ben Bern

Published 15 Jul, 2013 07:36am

Financial

Dollar eases in Asian trading

SINGAPORE: The dollar eased in Asian trade Monday ahead of a testimony by Federal Reserve chief Ben Bernanke in the US C

Published 15 Jul, 2013 05:07am

Financial

Yuan steady, Q2 economic data delivers slight support

SHANGHAI: The yuan edged higher against the dollar on Monday after China posted second-quarter economic growth within ex

Published 15 Jul, 2013 05:04am

Financial

Indonesia rupiah weakens past 10,000/dollar, first time since Sept 2009

SINGAPORE: The Indonesian rupiah fell below 10,000 to the dollar on Monday, for the first in almost four years, on susta

Published 15 Jul, 2013 04:37am

Financial

Aussie dollar edges up after China GDP meets expectations

SINGAPORE: The Australian dollar clawed higher on Monday after China's second-quarter economic growth matched market

Published 15 Jul, 2013 04:33am

Financial

Dollar inches higher Asian trading

TOKYO: The dollar inched higher in Asia Friday after tumbling on comments from the head of the Federal Reserve who said

Published 12 Jul, 2013 05:30am

Financial

India rupee snaps two-day rally; euro fall hurts

MUMBAI: The Indian rupee snapped a two-day rally to weaken slightly on Thursday as importers including oil firms bought

Published 11 Jul, 2013 12:08pm

Financial

South Korea won hits one-month high after Bernanke comments

SEOUL: The South Korean won firmed to its highest in a month after comments from US Federal Reserve Chairman Ben Bernank

Published 11 Jul, 2013 07:08am

Financial

Dollar falls further against yen in Asia

TOKYO: The dollar eased further against the yen in Asia Thursday, adding to losses in New York after comments from Feder

Published 11 Jul, 2013 07:03am

Financial

Turkish watchdog probes forex deals after central bank auctions

ISTANBUL: Turkey's banking watchdog said on Wednesday it was probing foreign exchange deals by lenders, after source

Published 10 Jul, 2013 12:05pm

Financial

Yuan slides on falling exports, ignores c.bank guidance

SHANGHAI: China's yuan sank against the dollar on Wednesday as unexpectedly poor trade data for June sparked worries

Published 10 Jul, 2013 06:05am

Financial

Dollar firms against yen in Asia

TOKYO: The dollar firmed against the Japanese yen in Asian trade Wednesday as markets looked to fresh insights on the Fe

Published 10 Jul, 2013 05:24am

Financial

Dollar firms in Asia on Fed phase-out mood

TOKYO: The dollar firmed in Asian trade Tuesday on expectations the US Federal Reserve will begin to phase out its monet

Published 09 Jul, 2013 05:00am

Financial

C$ strengthens slightly from 21-month low

TORONTO: The Canadian dollar ended slightly higher against its US counterpart on Monday, rising from a 21-month low last

Published 08 Jul, 2013 10:46pm

Financial

Dollar holds firm against yen in Asia

TOKYO: The dollar consolidated its gains against the Japanese yen in Asian trade on Monday after a stronger-than-expecte

Published 08 Jul, 2013 05:32am

Financial

South Korea won falls to weakest level since late June; bonds lower

SEOUL: The South Korean won was trading at its weakest level since late June in domestic trade Monday, as firm June US e

Published 08 Jul, 2013 05:29am

Financial

India rupee falls to near lifetime low

MUMBAI: India's rupee fell to near its lifetime low on Friday, prompting the central bank to intervene in currency m

Published 05 Jul, 2013 01:58pm

Financial

Indian rupee falls for 9th week

MUMBAI: The Indian rupee fell on Friday to approach a record low on sustained dollar demand from importers, forcing the

Published 05 Jul, 2013 12:13pm

Financial

Euro eases against dollar, yen in Asia

TOKYO: The euro remained weak against the dollar and the yen in Asian trade Friday, after it dropped in Europe following

Published 05 Jul, 2013 07:44am

Financial

Euro eases against dollar, yen in Asia

TOKYO: The euro remained weak against the dollar and the yen in Asian trade Friday, after it dropped in Europe following

Published 05 Jul, 2013 05:48am

Financial

C$ marginally weaker ahead of jobs data

TORONTO: Canadian dollar was marginally weaker against its US counterpart on Thursday, as investors mostly kept to the s

Published 04 Jul, 2013 10:07pm

Financial

Dollar, euro under pressure in Asia

TOKYO: The dollar and euro came under pressure in Asia Thursday as political turmoil in Portugal and Egypt sent investor

Published 04 Jul, 2013 05:20am

Financial

Dollar holds firm in Asia after topping 100 yen

TOKYO: The dollar held firm in Asia on Wednesday after breaking the psychologically important 100 yen mark for the first

Published 03 Jul, 2013 05:12am

Financial

Aussie dollar reverses gains, slides to 3 year low on RBA chief's comments

TOKYO: The Australian dollar's tentative recovery unraveled on Wednesday as it skidded to a fresh 3-year low after t

Published 03 Jul, 2013 05:09am

Financial

Indian rupee falls past 60/dollar; worry over capital inflows

MUMBAI: The Indian rupee fell below 60 to the dollar on Wednesday, heading for a third consecutive session of falls, on

Published 03 Jul, 2013 05:03am

Financial

Sri Lanka rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down 0.04 percent to end at 130.65 per dollar on Tuesday, compared with Monday's

Published 02 Jul, 2013 12:41pm

Financial

Dollar, euro hold steady in Asia

TOKYO: The dollar and euro dipped against the yen in Asia Tuesday after enjoying a pick-up in New York on upbeat manufac

Published 02 Jul, 2013 05:08am

Financial

Turkish central bank sells $150mn in forex auction

ISTANBUL: The Turkish central bank sold $150 million in a forex-selling auction on Monday and received bids of $374 mill

Published 01 Jul, 2013 01:31pm

Financial

Indian rupee at near 2-week high; dealers cite Unilever flows

MUMBAI: The Indian rupee gained to a near two-week high on Monday, as worries temporarily eased after foreign investors

Published 01 Jul, 2013 08:12am

Financial

Dollar extends gains in Asian trade

TOKYO: The dollar strengthened against the yen in Asia after a senior US Federal Reserve official said a winding down of

Published 01 Jul, 2013 06:48am

Financial

South Korea won up for 5th day near 2-week high; bonds fall

SEOUL: The South Korean won traded at a near two-week high in domestic trade on Monday, extending its streak of gains to

Published 01 Jul, 2013 05:12am

Financial

Copper firmer; near 3-year lows on growth worries

SINGAPORE: London copper firmed Monday on technical buying, but remained near three-year lows after data showing that gr

Published 01 Jul, 2013 05:11am

Financial

Yuan rises on big corporate demand, despite weaker fixing

SHANGHAI: The Chinese yuan rose on Monday on strong corporate demand, shrugging off weaker guidance by the central bank,

Published 01 Jul, 2013 05:09am

Financial

A$ plumbs 3-year low on Fed stimulus outlook

SYDNEY/WELLINGTON: The Australian dollar sank to a near three-year low against a broadly firmer US dollar on Monday as t

Published 30 Jun, 2013 10:03pm

Financial

C$ retreats as Fed eyes timing for trimming stimulus

TORONTO: The Canadian dollar weakened against its US counterpart on Friday with the greenback gaining as investors price

Published 28 Jun, 2013 11:17pm

Financial

Dollar firms in Asian trade

TOKYO: The dollar firmed against the yen in Asia on Friday as US Federal Reserve officials moved to ease concerns it wil

Published 28 Jun, 2013 07:05am

Financial

Sri Lanka rupee recovers from 7-month low on banks' dollar sales

COLOMBO: Sri Lanka's rupee recovered on Friday from an over seven-month low, as banks sold dollars to cover their sh

Published 28 Jun, 2013 06:11am

Financial

Australia & NZ dollars find a sliver of support, gold a drag

SYDNEY/WELLINGTON: The Australian and New Zealand dollars seemed to find a steadier footing late Friday as a rally in As

Published 28 Jun, 2013 06:09am

Financial

Dollar firms in Asian trading

TOKYO: The dollar firmed against the yen in Asian forex trading as risk sentiment got a boost from fading concerns over

Published 28 Jun, 2013 04:43am

Financial

Australia & NZ dlrs run out of puff; more calming Fed talk

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were modestly lower on Friday as their bounce showed signs of

Published 27 Jun, 2013 10:42pm

Financial

South Korea won firms for third day as Fed worries ease; bonds tick up

SEOUL: The South Korean won firmed for a third straight session after investors were reassured the Federal Reserve may n

Published 27 Jun, 2013 09:04am

Financial

Yuan ends down for 6th straight session; deep depreciation unlikely

SHANGHAI: China's yuan closed lower versus the dollar for the sixth straight day on Thursday, after the central bank

Published 27 Jun, 2013 08:59am

Financial

Euro bounces back in Asian trade

TOKYO: The euro clawed back ground in Asia on Thursday after the latest pledge from the European Central Bank that it wi

Published 27 Jun, 2013 06:25am

Financial

Australia & NZ dollars rediscover mojo as Asian stocks fly

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were heading for their best daily gain in about two weeks on T

Published 27 Jun, 2013 05:59am

Financial

Yuan slips for 6th straight session; deep depreciation unlikely

SHANGHAI: China's yuan fell versus the dollar for the sixth straight day on Thursday, after the central bank fixed i

Published 27 Jun, 2013 05:49am

Financial

Euro bounces back in Asian trade

TOKYO: The euro clawed back ground in Asia on Thursday morning after the latest pledge from the European Central Bank th

Published 27 Jun, 2013 04:45am

Financial

Australia & NZ dlrs up as ECB stays loose, US data disappoints

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were higher on Thursday against most major currencies as soft

Published 26 Jun, 2013 11:39pm

Financial

Indian rupee slumps to record low

MUMBAI: The Indian rupee breached formidable resistance of 60 to the dollar to slump to a record low on Wednesday, reinf

Published 26 Jun, 2013 12:22pm

Financial

Dollar eases in Asia after upbeat US data

TOKYO: The dollar eased against the yen in Asia on Wednesday after an initial boost from upbeat US data as risk aversion

Published 26 Jun, 2013 06:55am

Financial

Dollar eases in Asia after upbeat US data

TOKYO: The dollar eased against the yen in Asia on Wednesday morning after an initial boost from upbeat US data as risk

Published 26 Jun, 2013 05:33am

Financial

Australia & NZ dlrs firm, debt calmer on China turnaround

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were generally firmer on Wednesday as worries over China abate

Published 25 Jun, 2013 11:39pm

Financial

Dollar bulls back in play after upbeat US data

SYDNEY: The US dollar was back on the front foot in Asia on Wednesday after the latest batch of US economic data support

Published 25 Jun, 2013 11:35pm

Financial

Sri Lankan rupee recovers on state bank dlr sales

COLOMBO: Sri Lanka's rupee recovered from a near seven-month low on Tuesday, after a state-controlled bank intervene

Published 25 Jun, 2013 12:23pm

Financial

Indian rupee marginally stronger; Asian FX helps

MUMBAI: The Indian rupee was marginal stronger in early trades on Tuesday, consolidating from recent losses, although it

Published 25 Jun, 2013 05:42am

Financial

Dollar resumes rally in Asian trade

TOKYO: The dollar resumed its uptrend in Asian trade Tuesday after sinking in New York on comments from US Federal Reser

Published 25 Jun, 2013 04:58am

Financial

C$ trims losses but stays near 21-month low

TORONTO: After hitting its weakest level against the greenback in 21 months on Monday, the Canadian dollar pared some lo

Published 24 Jun, 2013 10:52pm

Financial

Sri Lankan rupee falls to near 7-month low

COLOMBO: Sri Lanka's rupee hit a near seven-month low on Monday, before a state-controlled bank intervened to stabil

Published 24 Jun, 2013 02:12pm

Financial

Turkish lira gains after central bank action, yields rise

ISTANBUL: Turkey's lira rose on Monday after the central bank said it would hold auctions to sell the dollar to supp

Published 24 Jun, 2013 01:40pm

Financial

Yuan ends down for 3rd day, slight weakening expected

SHANGHAI: The yuan closed lower versus the dollar on Monday for the third straight session, extending a recent mild down

Published 24 Jun, 2013 09:02am

Financial

Dollar extends Fed rally in Asian trading

TOKYO: The dollar on Monday extended a rally stoked by signs the US Federal Reserve would start winding up its massive s

Published 24 Jun, 2013 06:31am

Financial

Yuan slips vs dollar, slight weakening expected

SHANGHAI: The yuan edged lower versus the dollar on Monday, extending a recent mild downtrend amid slowing capital inflo

Published 24 Jun, 2013 05:30am

Financial

China cash squeeze caused by shadow banking: Xinhua

SHANGHAI: There is ample liquidity in China and the latest spike in money market rates was a result of market distortion

Published 23 Jun, 2013 12:12pm

Financial

South Korea seen selling dollars to slow won slide

SEOUL: South Korean foreign exchange authorities were spotted selling dollars late on Friday in an intervention aimed at

Published 21 Jun, 2013 05:56am

Financial

Dollar steady in Asian trade after Fed rally

TOKYO: The dollar was steady in Asia Friday after a rally fuelled by the US Federal Reserve's signal that it could s

Published 21 Jun, 2013 04:43am

Financial

Australia & NZ dollars find brief respite, downtrends intact

SYDNEY/WELLINGTON: The Australian and New Zealand dollars found a brief respite from selling on Friday with speculators

Published 21 Jun, 2013 04:35am

Financial

C$ sheds a cent, hits 2-week low as Fed roils markets

TORONTO: The Canadian dollar lost a full cent in value against the US dollar on Thursday as investors piled into the US

Published 20 Jun, 2013 11:04pm

Financial

Yuan ends down on central bank guidance; NDFs fall sharply on growth worries

SHANGHAI: China's yuan ended down slightly on Thursday after the central bank ignored gains in the dollar against ot

Published 20 Jun, 2013 09:46am

Financial

South Korea won, bonds end sharply lower on Fed comments

SEOUL: The South Korean won and local bonds fell sharply on Thursday as investors repositioned to prepare for a reductio

Published 20 Jun, 2013 08:04am

Financial

Dollar gains as US Fed hints at stimulus tapering

TOKYO: The dollar strengthened in Asia Thursday, rallying on comments by the head of the US Federal Reserve that it coul

Published 20 Jun, 2013 07:19am

Financial

Yuan down slightly on central bank guidance; NDFs fall sharply on growth worries

SHANGHAI: China's yuan edged down on Thursday after the central bank ignored gains in the dollar against other curre

Published 20 Jun, 2013 05:07am

Financial

Australia dollar slugged to 3yr low as Fed flags stimulus slowdown

SYDNEY/WELLINGTON: The Australian dollar dived to a three-year low on Thursday as commodity-linked and emerging currenci

Published 19 Jun, 2013 11:37pm

Financial

New Zealand dollar extends decline after GDP disappoints

SYDNEY: The New Zealand dollar suffered a further blow on Thursday in the wake of data showing the local economy grew at

Published 19 Jun, 2013 11:20pm

Financial

Indian rupee gains ahead of US Fed

MUMBAI: The Indian rupee rose on Wednesday, yet remained within close of its record low hit last week, as outflows from

Published 19 Jun, 2013 12:54pm

Financial

South Korea won nearly flat amid Fed uncertainties; bonds fall

SEOUL: The South Korean won was nearly flat in domestic trade Wednesday, recouping initial losses on dollar selling by e

Published 19 Jun, 2013 09:06am

Financial

Yuan ends slightly up, demand for it seen resilient

SHANGHAI: China's yuan ended slightly stronger on Wednesday, despite data showing declining capital inflows, as deal

Published 19 Jun, 2013 09:03am

Financial

Dollar dips ahead of Fed policy announcement

TOKYO: The dollar slipped against the yen in Asian afternoon trading on Wednesday with investors sticking to the sidelin

Published 19 Jun, 2013 07:37am

Financial

Dollar firm ahead of Fed policy announcement

TOKYO: The dollar held steady in Asia on Wednesday with investors sticking to the sidelines as they await the conclusion

Published 19 Jun, 2013 05:02am

Financial

Euro in demand as Fed faces crunch time

SYDNEY: All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Re

Published 19 Jun, 2013 12:25am

Financial

Dollar firm in Asia as dealers await US Fed move

TOKYO: The dollar edged up in Asia on Tuesday as investors await the outcome of a US Federal Reserve meeting for an idea

Published 18 Jun, 2013 10:15am

Financial

Yuan ends at three-week high, but dollar demand robust

SHANGHAI: China's yuan closed at its highest level in three weeks on Monday after the central bank set its daily mid

Published 17 Jun, 2013 10:24am

Financial

Dollar edges up ahead of Fed policy meeting

TOKYO: The dollar edged up in Asian trade Monday as dealers await the outcome of a crucial US Federal Reserve policy mee

Published 17 Jun, 2013 05:09am

Financial

India rate cut unlikely as weak rupee weighs

MUMBAI: India's central bank was expected to keep interest rates on hold Monday with concerns over the rupee trading

Published 17 Jun, 2013 04:29am

Financial

C$ steady against weaker US$ on central bank worries

TORONTO: The Canadian dollar held steady against a weaker US dollar on Friday, recovering from earlier losses, as market

Published 14 Jun, 2013 10:28pm

Financial

Sri Lanka rupee slides to over 6-month low on bond sales by foreigners

COLOMBO: Sri Lanka's rupee dropped a more than six-month low in the intraday trade on Friday as foreign investors so

Published 14 Jun, 2013 06:08am

Financial

Yuan little changed on economic worries, despite record midpoint

SHANGHAI: China's yuan was little changed on Friday, despite another record-high midpoint setting by the central ban

Published 14 Jun, 2013 06:06am

Financial

Aussie & NZD struggle vs yen; outlook dim despite bounce

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped against the yen on Friday as investors found little co

Published 14 Jun, 2013 05:16am

Financial

Dollar under pressure in Asian trade

TOKYO: The dollar faced selling pressure in Asian currency markets Friday with traders eyeing the safe-haven Japanese ye

Published 14 Jun, 2013 04:23am

Financial

C$ gains on US$, helped by upbeat economic data

TORONTO: The Canadian dollar gained against its US counterpart on Thursday as a spate of encouraging economic data boost

Published 13 Jun, 2013 10:00pm

Financial

Dollar slumps against yen in Asia

TOKYO: The dollar slumped to a 10-week low against the yen in Asia Thursday as dealers ran for cover in the face of tumb

Published 13 Jun, 2013 07:18am

Financial

South Korea's won slips on stimulus worries; bonds rise

SEOUL: The South Korean won edged lower on Thursday and bonds rose as investors turned away from riskier assets due to u

Published 13 Jun, 2013 07:11am

Financial

India bonds, rupee gain after Fitch upgrades rating outlook

MUMBAI: India's government bond yields dropped and the rupee rose after Fitch Ratings upgraded the country's rat

Published 12 Jun, 2013 12:00pm

Financial

South Korea won gives up gains to end nearly flat; bonds fall

SEOUL: The South Korean won gave up earlier gains in the session and ended nearly flat on Wednesday as the local currenc

Published 12 Jun, 2013 08:21am

Financial

Indian rupee strengthens to below 58/dollar mark

MUMBAI: The Indian rupee extended gains to below 58 to the dollar on Wednesday tracking higher Asian currencies and supp

Published 12 Jun, 2013 08:19am

Financial

India central bank intervened to stem rupee fall: official

MUMBAI: India's central bank intervened to curb the slide of the rupee after it skidded to new lifetime lows, a gove

Published 12 Jun, 2013 07:19am

Financial

Australia & NZ dollars on defensive, RBNZ & jobs data awaited

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were holding above multi-month lows on Wednesday, but more tha

Published 12 Jun, 2013 07:08am

Financial

Dollar under pressure in Asia following BoJ meeting

TOKYO: The dollar was under pressure against the yen in Asia on Wednesday morning after the Bank of Japan (BoJ) held off

Published 12 Jun, 2013 04:33am

Financial

Yen under pressure in Asia as BoJ wraps up meet

TOKYO: The yen faced selling pressure in Tuesday morning Asian trade as markets keep a close eye on the Bank of Japan wh

Published 11 Jun, 2013 04:56am

Financial

India rupee in 'freefall' at record low against dollar

MUMBAI: India's rupee slid to a record low against the dollar on Monday as dealers moved into the US currency follow

Published 10 Jun, 2013 01:16pm

Financial

Dollar gains in Asia after upbeat US jobs data

TOKYO: The dollar strengthened in Asian trade Monday thanks to a better-than-expected US jobs report, as traders turn th

Published 10 Jun, 2013 07:09am

Financial

Dollar gains in Asia after upbeat US jobs data

TOKYO: The dollar strengthened in Asian trade Monday thanks to a better-than-expected US jobs report, as traders turn th

Published 10 Jun, 2013 04:52am

Financial

Aussie, kiwi dollars pressured by weak stocks, bonds rally

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell near multi-month lows on Friday as Asian equities took a

Published 07 Jun, 2013 06:51am

Financial

Yuan flat even as midpoint at new peak, market finds equilibrium

SHANGHAI: The yuan was flat on Friday even as the central bank set the official guidance rate at an all-time high after

Published 07 Jun, 2013 06:06am

Financial

Dollar slides in Asia ahead of key US jobs report

TOKYO: The dollar slid in Asia on Friday as investors flocked to the safe-haven yen as traders grow nervous ahead of a c

Published 07 Jun, 2013 05:03am

Financial

Dollar-yen dragged around by Nikkei, Aussie stuck in the crosshairs

TOKYO/SYDNEY: The dollar inched up against the yen on Thursday morning as it continued to shadow the Japanese stock mark

Published 06 Jun, 2013 05:52am

Financial

Yuan sinks despite stronger midpoint as dollar appetite strengthens

SHANGHAI: The yuan declined against the dollar on Thursday despite stronger guidance from the central bank, as market ob

Published 06 Jun, 2013 05:48am

Financial

Australia & NZ dlrs on the ropes as yen punches back

SYDNEY/WELLINGTON: The Australian dollar was under heavy pressure on Thursday as a vicious reversal in the yen and a sli

Published 05 Jun, 2013 11:52pm

Financial

Yen jumps, commodity currencies feel the heat

SYDNEY: The yen was sharply higher on Thursday as a rout in Japanese stocks forced investors out of popular carry trades

Published 05 Jun, 2013 11:48pm

Financial

C$ flat vs greenback; hits new high vs Aussie

TORONTO: The Canadian dollar ended flat against its US counterpart on Wednesday as weaker-than-expected US private secto

Published 05 Jun, 2013 11:24pm

Financial

Indian rupee falls most in a week; import demand hurts

MUMBAI: The Indian rupee posted its biggest single-day fall in a week on Wednesday, hurt by heavy dollar buying by impor

Published 05 Jun, 2013 12:21pm

Financial

Yuan closes flat as upward pressure eases

SHANGHAI: Spot yuan closed relatively flat on Wednesday in narrow trade but trading volumes were strong and traders saw

Published 05 Jun, 2013 09:19am

Financial

Dollar higher as market awaits Japan PM speech

TOKYO: The dollar rose against the yen in Asia on Wednesday as investors await a speech by Japanese Prime Minister Shinz

Published 05 Jun, 2013 05:01am

Financial

Australia & NZ dlrs under pressure, though GDP seen solid

SYDNEY/WELLINGTON: The Australian dollar stumbled on Wednesday as investors focused on the risk of yet lower interest ra

Published 04 Jun, 2013 11:44pm

Financial

Dollar, stocks rise on expectations of Fed stimulus

NEW YORK: The US dollar and shares around the world recovered on Tuesday on expectations that the Federal Reserve will m

Published 04 Jun, 2013 02:31pm

Financial

Dollar edges up in Asia after weak US data

TOKYO: The dollar edged up in Asia on Tuesday after sinking in New York following a poor manufacturing report that point

Published 04 Jun, 2013 06:46am

Financial

Dollar bulls stampeded by data, Aussie eyes rate decision

SYDNEY: The US dollar wallowed at one-month lows against a basket of major currencies on Tuesday, suffering a vicious se

Published 03 Jun, 2013 11:49pm

Financial

South Korea won edges up on local export data, bonds trapped

SEOUL: The South Korean won firmed in thin trade on Monday after sliding last week, supported by positive domestic trade

Published 03 Jun, 2013 07:39am

Financial

Dollar under pressure in Asia after mixed data

TOKYO: The dollar was mixed in Asian trading on Monday as it faced pressure from data that showed US consumer spending w

Published 03 Jun, 2013 05:10am

Financial

Dollar firms in Asia as stocks rebound

TOKYO: The dollar firmed against the yen in Asia Friday, shrugging off weak US growth figures as a rebound in Tokyo stoc

Published 31 May, 2013 04:00am

Financial

South Korean won firms as dollar pressured; bonds flat

SEOUL: The South Korean won firmed on Thursday as the dollar came under pressure as investors pondered the implications

Published 30 May, 2013 08:14am

Financial

Yuan slips despite stronger midpoint, market sees gains capped for now

SHANGHAI: China's yuan edged lower against the dollar on Thursday in spite of a stronger official midpoint as the ma

Published 30 May, 2013 07:43am

Financial

Dollar weakens in Asian trade

TOKYO: The dollar weakened in Asian trade Thursday with few trading cues as firms adjust their month-end forex positions

Published 30 May, 2013 05:13am

Financial

Yuan slips on corporate dollar demand, eyes on PBOC

SHANGHAI: China's yuan fell slightly on Wednesday as traders reported strong dollar demand from major Chinese oil co

Published 29 May, 2013 05:57am

Financial

Dollar firm in Asian trade after US rally

TOKYO: The dollar held steady in Asian trade on Wednesday after flying on fresh data that showed US consumer confidence

Published 29 May, 2013 05:53am

Financial

Dollar slips in Asian trade after US rally

TOKYO: The dollar lost ground in early Asian trade on Wednesday after flying on fresh data that showed US consumer confi

Published 29 May, 2013 04:58am

Financial

South Korea won edges down as yen softens; bonds slip

SEOUL: The South Korean won fell early on Tuesday after two sessions of gains as investors sold the currency, acting on

Published 28 May, 2013 06:27am

Financial

India rupee gains in lacklustre trade; share rally helps

MUMBAI: The Indian rupee gained in a lacklustre trading session on Monday, aided by hefty gains in domestic shares and t

Published 27 May, 2013 02:54pm

Financial

Yuan closes near record high after setting new peak for 7th time in May

SHANGHAI: China's yuan closed near a record high against the dollar on Monday after hitting a new peak for the seven

Published 27 May, 2013 09:15am

Financial

Aussie, kiwi dollars off lows; sentiment fragile

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were off recent multi-month lows against their US counterpart

Published 27 May, 2013 06:08am

Financial

Dollar eases against yen as Japanese shares resume slide

TOKYO: The dollar lost ground against the yen on Monday as another steep fall in Japanese equities prompted investors to

Published 27 May, 2013 05:57am

Financial

Euro creeps up to 18 month peak vs AUD; Antipodeans seen vulnerable

SYDNEY/WELLINGTON: The Australian dollar drifted to an 18-month trough against the euro on Monday and kept away from a n

Published 27 May, 2013 05:54am

Financial

Yen gains in Asian trade

TOKYO: The yen notched up more gains in Asia on Monday morning as investors lock in profits from betting on the dollar&#

Published 27 May, 2013 05:26am

Financial

Yen trade volatile in Asia

TOKYO: Yen trading was volatile in Asia on Friday in tandem with wild swings on the Tokyo stock market, but some analyst

Published 24 May, 2013 07:45am

Financial

Aussie, kiwi dollars falter again, mood fragile

SYDNEY/WELLINGTON: The Aussie and New Zealand dollars came under renewed pressure on Friday, weighed by a sharp fall in

Published 24 May, 2013 06:08am

Financial

Dollar falls more than one yen from day's high

TOKYO: The dollar fell more than one yen from the day's high, edging closer to a two-week low hit the previous day a

Published 24 May, 2013 06:01am

Financial

Yen weakens in Asian trade

TOKYO: The yen weakened against other major currencies in Asian morning trade on Friday as risk sentiment improved, with

Published 24 May, 2013 05:07am

Financial

Indian rupee weakens below 56 to over 8-1/2 month low on dollar rally

MUMBAI: The Indian rupee fell below the key psychological level of 56 to the dollar on Thursday, its lowest level in ove

Published 23 May, 2013 07:01am

Financial

Dollar stays firm in Asia following Bernanke comments

TOKYO: The dollar stayed firm Thursday after Federal Reserve chief Ben Bernanke suggested the Fed could taper its massiv

Published 23 May, 2013 04:49am

Financial

A$, NZ$ skid after Bernanke testimony, China data eyed

SYDNEY/WELLINGTON: The Australian dollar hit an 11-month low against the US dollar and a 1-1/2-year trough versus the eu

Published 22 May, 2013 10:42pm

Financial

South Korea won dips as traders await hints on US policy

SEOUL: The South Korean won fell against the dollar on Wednesday as investors turned cautious ahead of a speech by US Fe

Published 22 May, 2013 09:06am

Financial

Yen eases after Japan's worst April trade deficit

TOKYO: The yen edged down against the dollar and euro in Asia on Wednesday after Japan posted its worst ever April trade

Published 22 May, 2013 07:33am

Financial

Yen eases after Japan's worst April trade deficit

TOKYO: The yen edged down against the dollar and euro in Asia on Wednesday after Japan posted its worst ever April trade

Published 22 May, 2013 05:07am

Financial

Turkish lira dips to weakest on profit taking

ISTANBUL: The Turkish lira fell to its weakest in nearly a year on Tuesday as investors took profits after a second majo

Published 21 May, 2013 12:52pm

Financial

Aussie and kiwi dollars regain ground, Fed in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained ground on Tuesday as suspense grew over whether the U

Published 21 May, 2013 06:25am

Financial

Dollar rebounds in Asia as investors await Bernanke

TOKYO: The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central b

Published 21 May, 2013 05:45am

Financial

Dollar rebounds in Asia as investors await Bernanke

TOKYO: The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central b

Published 21 May, 2013 04:58am

Financial

Dollar eases in Asia but expected to resume rise

TOKYO: The dollar eased in Asia on Monday after a Japanese minister said the recent correction against the yen was nearl

Published 20 May, 2013 06:21am

Financial

Indian forex reserves fall to $293.69bn

MUMBAI: India's foreign exchange reserves fell to $293.69 billion as of May 10, from $294.31 billion in the previous

Published 17 May, 2013 12:16pm

Financial

Dollar gains slightly in Asia

TOKYO: The dollar gained slightly in Asia on Friday as investors cautiously adjusted their positions following the unit&

Published 17 May, 2013 04:07am

Financial

A$, NZ$ knocked by hint of end to Fed's easy policy

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were near multi-month lows on Friday after being battered by t

Published 16 May, 2013 11:12pm

Financial

Yuan ends down for second day, but capital inflows imply near-term strength

SHANGHAI: China's yuan closed slightly lower on Thursday for the second day on the back of an overnight rally in the

Published 16 May, 2013 09:43am

Financial

Dollar slips against yen in Asia after rally

TOKYO: The dollar slipped against the yen in Asia on Thursday as investors locked in profits on the greenback's rece

Published 16 May, 2013 04:56am

Financial

A$ struggles on soft commodities, kiwi waits budget

SYDNEY/WELLINGTON: The Australian dollar was labouring against a firmer US dollar on Thursday as soft commodity prices w

Published 15 May, 2013 10:45pm

Financial

Dollar holds firm in Asian trade

TOKYO: The dollar held firm versus the yen in Asian morning trade Wednesday, clinging to recent gains after upbeat US da

Published 15 May, 2013 04:50am

Financial

Dollar rally stumbles in Asian trade

TOKYO: The dollar's rally against the yen stumbled in Asian trade on Tuesday as investors looked for concrete signs

Published 14 May, 2013 05:01am

Financial

C$ steady as US economy brightens

TORONTO: The Canadian dollar held steady against its US counterpart in quiet trading on Monday, finding support from US

Published 13 May, 2013 08:45pm

Financial

Dollar jumps in Asian trade after G7 meeting

TOKYO: The dollar broke through the 102-yen level in Asian trading Monday after Tokyo sidestepped criticism over the uni

Published 13 May, 2013 04:34am

Financial

Indian rupee falls most in 4 mths on global dollar strength

MUMBAI: The Indian rupee posted its biggest single-day fall in four months on Friday, as the dollar's strength again

Published 10 May, 2013 05:11pm

Financial

Yuan ends weaker on global dollar rally, uptrend still seen intact

SHANGHAI: China's yuan ended slightly lower on Friday, drifting from its all-time high hit in the previous session,

Published 10 May, 2013 09:10am

Financial

Dollar surges to multi-year highs on yen in Asia

TOKYO: The US dollar surged in Asian trade on Friday after topping the 100 yen level for the first time in four years, b

Published 10 May, 2013 06:17am

Financial

Dollar surges to multi-year highs on yen in Asia

TOKYO: The US dollar surged in Asian trade on Friday after topping the 100 yen level for the first time in four years, b

Published 10 May, 2013 04:34am

Financial

C$ ends weaker as world equities lose some shine

TORONTO: The Canadian dollar ended weaker against its US counterpart on Thursday after briefly touching its strongest le

Published 09 May, 2013 09:47pm

Financial

Australia & NZ dollars rally on rousing jobs news

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced on Thursday following stellar labour reports in both c

Published 09 May, 2013 05:51am

Financial

Yen firmer against dollar in Asia ahead of G7

TOKYO: The yen was trading firmer against the dollar in Asia on Thursday with few fresh market leads ahead of the Group

Published 09 May, 2013 04:41am

Financial

C$ hits 2-1/2 month high, but US$ parity seen iffy

TORONTO: The Canadian dollar strengthened against its US counterpart for a fourth straight session on Wednesday, testing

Published 08 May, 2013 10:05pm

Financial

Australia dlr stung by risk of more rate cuts, eyes China data

SYDNEY/WELLINGTON: The Australian dollar struggled near a two-month low against the US dollar on Wednesday as investors

Published 07 May, 2013 10:57pm

Financial

C$ hits strongest level since February in central bank rally

TORONTO: The Canadian dollar closed at its strongest level versus its US counterpart since mid-February on Tuesday, risi

Published 07 May, 2013 09:37pm

Financial

Australia dollar skids as RBA cuts rates, bond yields tumble

WELLINGTON/SYDNEY: The Australian dollar skidded to two-month lows on Tuesday after the Reserve Bank of Australia (RBA)

Published 07 May, 2013 05:54am

Financial

C$ firms slightly on positive market sentiment

TORONTO: The Canadian dollar was marginally stronger against its US counterpart on Monday, tracking positive market sent

Published 06 May, 2013 11:30pm

Financial

Australia dlr loses ground to greenback, RBA looms

WELLINGTON/SYDNEY: The Australian dollars was under pressure on Tuesday as the market remained deeply divided on the cha

Published 06 May, 2013 11:24pm

Financial

Euro up in Asian trade

SINGAPORE: The euro rose against the dollar in Asian trade Monday as a better-than-expected US April jobs report boosted

Published 06 May, 2013 06:00am

Financial

Aussie dollar slips on disappointing retail sales data

SYDNEY: The Australian dollar slipped a quarter of a US cent on Monday following a surprise fall in retail sales in Marc

Published 06 May, 2013 05:26am

Financial

Dollar holds firm vs yen, clings to post-jobs data gains

SINGAPORE: The dollar held firm versus the yen on Monday, clinging to gains made late last week after better-than-expect

Published 06 May, 2013 05:20am

Financial

Yuan slides as govt restricts banks' proprietary bets

SHANGHAI: China's yuan had its most volatile day in nearly three months on Monday after authorities issued regulatio

Published 06 May, 2013 05:19am

Financial

India's forex reserves rise to $296.37bn: central bank

MUMBAI: India's foreign exchange reserves rose to $296.37 billion as of April 26, from $294.76 billion in the previo

Published 03 May, 2013 02:33pm

Financial

India rupee weakens as central bank policy disappoint

MUMBAI: The Indian rupee weakened on Friday as the central bank disappointed markets with a hawkish tone in its annual m

Published 03 May, 2013 12:45pm

Financial

Euro gains in Asian trade after ECB rate cut

SINGAPORE: The euro gained in Asian trade Friday after the European Central Bank (ECB) slashed interest rates to a recor

Published 03 May, 2013 04:37am

Financial

Dollar under pressure in Asia after Fed meeting

TOKYO: The dollar was under pressure in Asian trading Thursday after the US Federal Reserve opted to keep its easy-money

Published 02 May, 2013 05:01am

Financial

South Korea won hits strongest since mid-March despite suspected intervention

SEOUL: The South Korean won extended its gains to a seven-week high in domestic trade Tuesday, boosted by offshore playe

Published 30 Apr, 2013 07:40am

Financial

Australia & NZ dlrs push higher, USD pulled down with yields

WELLINGTON/SYDNEY: The Australian and New Zealand made solid gains across the board on Tuesday as benign US and European

Published 29 Apr, 2013 10:45pm

Financial

Australia & NZ dollars edge up, bond yields hit fresh lows

WELLINGTON/SYDNEY: The Australian and New Zealand rose on Monday as a broadly weaker US dollar gave a boost to riskier a

Published 29 Apr, 2013 10:08am

Financial

Baht up as fin min spurs short covering

SINGAPORE: The Thai baht gained on Monday after the finance minister said he did not see immediate need to implement ext

Published 29 Apr, 2013 10:08am

Financial

Euro up against dollar ahead of US Fed meeting

SINGAPORE: The euro rose against the dollar in Asia on Monday after data showed the US economy grew at a slower rate in

Published 29 Apr, 2013 06:42am

Financial

Euro up against dollar ahead of US Fed meeting

SINGAPORE: The euro rose against the dollar in Asia Monday after data showed the US economy grew at a slower rate than f

Published 29 Apr, 2013 04:19am

Financial

Indian rupee ends lower on month-end dollar demand

MUMBAI: The Indian rupee ended down on Friday, falling 0.8 percent for the week, dragged by month-end dollar demand from

Published 26 Apr, 2013 11:52am

Financial

Dollar slips in Asia after Bank of Japan stays pat

TOKYO: The dollar sank against the yen in Asia on Friday after the Bank of Japan held off new easing measures at its fir

Published 26 Apr, 2013 07:20am

Financial

Australia & NZ dlrs creep higher with commodities, BOJ eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged higher on Friday thanks to better US jobs data and a ral

Published 25 Apr, 2013 11:44pm

Financial

Dollar slips in Asia, eyes on BoJ meeting

TOKYO: The dollar slipped in Asia Thursday following poor US economic data, while dealers await a Bank of Japan meeting

Published 25 Apr, 2013 06:03am

Financial

Dollar slips in Asia, eyes on BoJ meeting

TOKYO: The dollar slipped in Asia Thursday following poor US economic data, while dealers await a Bank of Japan meeting

Published 25 Apr, 2013 04:50am

Financial

Yuan little changed; traders now expect band widening

SHANGHAI: China's yuan was little changed near midday on Wednesday, with traders saying the pace of appreciation is

Published 24 Apr, 2013 05:18am

Financial

Dollar slips back after approaching 100 yen mark

TOKYO: The dollar weakened against the yen in Asian trade Wednesday after moving close to the 100 yen mark in the mornin

Published 24 Apr, 2013 04:40am

Financial

Yuan gains to near record high; link to Asian currencies in focus

SHANGHAI: China's yuan rose on Tuesday morning, approaching the record high touched last week, after the central ban

Published 23 Apr, 2013 05:42am

Financial

Yen up in Asia but traders say slide to resume

TOKYO: The dollar retreated a touch against the yen in Asian trade Tuesday, but dealers said it remained on course to br

Published 23 Apr, 2013 04:46am

Financial

Australia dlr hits 6-wk low vs USD, wary of China data

SYDNEY/WELLINGTON: The Australian dollar remained on the defensive on Tuesday after hitting a six-week low against the U

Published 22 Apr, 2013 11:57pm

Financial

Yen selling supports Aussie & kiwi dollars

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were dragged broadly higher on Monday after the Group of 20 co

Published 22 Apr, 2013 09:18am

Financial

Dollar, euro jump in Asian trade

TOKYO: The dollar was within touching distance of the 100-yen level in Asia on Monday after G20 finance leaders gave a t

Published 22 Apr, 2013 06:02am

Financial

Yuan dips slightly on weaker fix; yuan demand remains strong

SHANGHAI: China's yuan edged down on Monday, guided by a weaker midpoint from the central bank, even as data indicat

Published 22 Apr, 2013 05:42am

Financial

Dollar, euro surge in Asian trade

TOKYO: The dollar traded close to the 100-yen level in Asia on Monday after G20 finance leaders gave a cautious thumbs u

Published 22 Apr, 2013 04:51am

Financial

South Korean won rises on banks, exporters; bonds down

SEOUL: The South Korean won halted a two-day slide, rising against the dollar on Friday as banks and domestic exporters

Published 19 Apr, 2013 08:27am

Financial

Yen slips broadly on Japan finmin Aso's remarks on G20

SINGAPORE: The yen fell broadly on Friday after Japanese Finance Minister Taro Aso said Japan faced no G20 opposition to

Published 19 Apr, 2013 05:52am

Financial

Aussie & NZ dollars on track for big losses on the week

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed sharp losses on Friday and were on track to end the wee

Published 19 Apr, 2013 05:45am

Financial

Dollar-yen pairing at a stand-off in Asia

TOKYO: The dollar was little changed against the yen in Asian trade Friday as players waited to see how Group of 20 fina

Published 19 Apr, 2013 04:38am

Financial

Indian rupee strengthens as trade data, share rise boost

MUMBAI: The Indian rupee strengthened on Thursday with the underlying sentiment remaining bullish on the back of growing

Published 18 Apr, 2013 01:56pm

Financial

Yuan ends weaker on PBOC guidance, market debates on widening trading band

SHANGHAI: China's central bank guided the yuan lower against the dollar on Thursday after setting record-high midpoi

Published 18 Apr, 2013 10:31am

Financial

Yen steady vs dollar, eyes on risk sentiment

SINGAPORE: The yen was broadly steady to firmer on Thursday as risk appetite waned, while the euro held its ground after

Published 18 Apr, 2013 08:49am

Financial

South Korea won falls for 2nd day on risk aversion; bonds rise

SEOUL: The South Korean won fell in volatile domestic trade on Thursday, declining for the second consecutive day as ren

Published 18 Apr, 2013 08:44am

Financial

Dollar dips against yen in Asia

TOKYO: The dollar dipped against the yen in Asian trade on Thursday ahead of a two-day meeting of finance ministers and

Published 18 Apr, 2013 06:20am

Financial

Dollar dips against yen in Asia

TOKYO: The dollar dipped against the yen in Asian trade on Thursday ahead of a two-day meeting of finance ministers and

Published 18 Apr, 2013 04:49am

Financial

A$, NZ$ on backfoot as risk sentiment sours

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were softer on Thursday as the US dollar gained on a souring o

Published 17 Apr, 2013 10:43pm

Financial

Indian rupee bounces off 7 weaks highs on oil

MUMBAI: The Indian rupee hit its highest level in seven weeks on Wednesday on rising rate cut hopes, but demand for the

Published 17 Apr, 2013 12:06pm

Financial

Yuan ends at record high for 4th day on central bank guidance

SHANGHAI: China's central bank guided the yuan to a record high against the dollar on Wednesday for the fourth day,

Published 17 Apr, 2013 10:19am

Financial

Aussie & NZ dollars struggle vs USD, but advance on yen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars remained under the cosh against their US counterpart on Wednes

Published 17 Apr, 2013 06:33am

Financial

Yen eases against major currencies in Asia

TOKYO: The yen resumed its downward trend against the dollar and euro on Wednesday after a brief surge at the start of t

Published 17 Apr, 2013 06:09am

Financial

Won rebound helps most Asia FX rise; Philippine peso down

SINGAPORE: The South Korean won turned higher on Tuesday as demand from offshore funds and exporters prompted short sque

Published 16 Apr, 2013 10:09am

Financial

Yuan closes at record high for third day

SHANGHAI: The yuan closed at another record high against the dollar for the third straight day on Tuesday after the cent

Published 16 Apr, 2013 09:24am

Financial

China sets yuan midpoint at record high for third day

SHANGHAI: The yuan set yet another record high against the dollar for the third straight day on Tuesday after the centra

Published 16 Apr, 2013 08:23am

Financial

South Korea won at 2-week high as dollar bets unwind; bonds up

SEOUL: The South Korean won rose in domestic trade Tuesday, climbing to a two-week high on continued unwinding of dollar

Published 16 Apr, 2013 08:06am

Financial

Dollar rebounds against yen in Asia

TOKYO: The dollar rebounded against the yen in Asia on Tuesday, clawing back some of the ground it lost after a flight t

Published 16 Apr, 2013 07:22am

Financial

Dollar edges up against yen in Asia

TOKYO: The dollar recouped some ground against the yen in Asia on Tuesday, while holding steady against the euro amid a

Published 16 Apr, 2013 05:03am

Financial

Australia & NZ dlrs suffer sharp reversal as markets spooked

WELLINGTON/SYDNEY: The New Zealand and Australian dollars were nursing hefty losses on Tuesday as disappointing Chinese

Published 15 Apr, 2013 10:46pm

Financial

C$ sheds more than a cent as commodities plunge

TORONTO: The Canadian dollar tumbled on Monday to its weakest level against the US currency in three weeks, as commodity

Published 15 Apr, 2013 08:55pm

Financial

Yuan closes at fresh record high as dollar sags

SHANGHAI: The Chinese yuan set yet another record against the dollar on Monday, overturning Friday's all-time high,

Published 15 Apr, 2013 10:23am

Financial

South Korea won records biggest daily gain in more than 2 months

SEOUL: The South Korean won gained the most in more than two months against the dollar on Monday as investors adjusted l

Published 15 Apr, 2013 09:31am

Financial

Won, Taiwan dollar lead Asia FX higher; China GDP caps

SINGAPORE: The South Korean won and the Taiwan dollar led gains among emerging Asian currencies on Monday as the yen&#39

Published 15 Apr, 2013 08:15am

Financial

Yen edges down despite US warning

TOKYO: The yen edged down in Asia on Monday despite the US warning that Tokyo should avoid competitive devaluation of it

Published 15 Apr, 2013 05:12am

Financial

New Zealand dollar the star performer, Aussie an eager understudy

SYDNEY/WELLINGTON: The New Zealand dollar outpaced everything to touch a 20-month peak on its US counterpart on Friday,

Published 12 Apr, 2013 07:22am

Financial

Dollar softer against yen in Asia after recent rally

TOKYO: The dollar turned softer in Asia on profit-taking Friday, hovering below the 100 yen level after enjoying a recen

Published 12 Apr, 2013 06:00am

Financial

Dollar softer in Asia on profit-taking

TOKYO: The dollar turned softer in Asia on profit-taking Friday, still short of the 100 yen level many traders are expec

Published 12 Apr, 2013 05:16am

Financial

C$ quietly hits two-month high as investors seek risk

TORONTO: The Canadian dollar firmed a third of a cent against the US dollar on Thursday, touching its strongest level in

Published 11 Apr, 2013 11:37pm

Financial

Yen near 4-year low as Fed minutes boost dollar

TOKYO: The dollar hovered near a four-year high against the yen on Thursday after the minutes of the US Federal Reserve&

Published 11 Apr, 2013 05:05am

Financial

India central bank net sold $280mn in spot FX market in Febraury-bulletin

MUMBAI: India's central bank net sold $280 million in February in the spot foreign exchange market, which included p

Published 10 Apr, 2013 04:05pm

Financial

South Korea won rises in light trading as strategic tensions simmer

SEOUL: The South Korean won extended gains for a second day but trading was quiet overall as investors contemplated what

Published 10 Apr, 2013 09:50am

Financial

Yen inches up after recent selling spree

TOKYO: The yen inched up against the dollar in Asia on Wednesday after the recent selling spree fuelled by the Bank of J

Published 10 Apr, 2013 06:23am

Financial

Yuan sets new record high, ignores downgrade

SHANGHAI: The yuan set a record high against the dollar on Wednesday, for the second time in five days, as Beijing conti

Published 10 Apr, 2013 05:23am

Financial

Yen inches up after recent selling spree

TOKYO: The yen inched up against other major currencies in Asia on Wednesday after the recent selling spree on the Bank

Published 10 Apr, 2013 04:24am

Financial

Aussie dollar rises after China inflation data

SYDNEY: The Australian dollar gained a quarter of a cent after China inflation cooled in March, leaving policymakers roo

Published 09 Apr, 2013 11:15pm

Financial

Sri Lanka rupee at one year peak

COLOMBO: The Sri Lankan rupee edged up to its strongest close in a year on Tuesday on dollar inflows from inward remitta

Published 09 Apr, 2013 11:56am

Financial

Yuan ends almost flat; no sign of ‘currency war’ against Japan

SHANGHAI: China's yuan closed little changed on Tuesday after the central bank set its daily midpoint virtually flat

Published 09 Apr, 2013 09:46am

Financial

Yen edges up against dollar after heavy sell-off

TOKYO: The yen took a breather in its rapid fall to near four-year lows in Asia on Tuesday, pausing the downward traject

Published 09 Apr, 2013 06:13am

Financial

Aussie & kiwi dollars soar vs yen; aided by China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars surged against the yen to fresh four-year heights on Tuesday a

Published 09 Apr, 2013 05:34am

Financial

Yen sinks further following BoJ stimulus

TOKYO: The yen hit its lowest level in nearly four years against the dollar in Asian trade on Monday following the Bank

Published 08 Apr, 2013 06:01am

Financial

China money market rates mixed, eyes on PBOC operations

SHANGHAI: China's money rates were mixed on Monday, with an abundance of liquidity offset by caution ahead of Tuesda

Published 08 Apr, 2013 05:53am

Financial

Yen at multi-year low as BoJ easing continues to impact

TOKYO: The yen hit its lowest level in nearly four years against the dollar in Asian trade on Monday as the Bank of Japa

Published 08 Apr, 2013 04:37am

Financial

Yen sinks to multi-year dollar low in Asian trade

TOKYO: The yen sank to a three-and-a-half year low against the dollar in Asia on Friday after the Bank of Japan unveiled

Published 05 Apr, 2013 05:51am

Financial

India rupee falls to near 1-month low; stocks slump on outflow concerns

MUMBAI: The Indian rupee fell to its lowest in nearly a month on Thursday as a continued slump in local stocks led to fe

Published 04 Apr, 2013 01:10pm

Financial

Yen plummets after fresh BoJ monetary easing

TOKYO: The yen plunged in Asian trade Thursday after the Bank of Japan unveiled a fresh raft of monetary easing measures

Published 04 Apr, 2013 09:11am

Financial

Yen steady in Asia as meeting of new-look BoJ wraps up

TOKYO: The yen traded in a narrow range in Asia Thursday as markets keep a close eye on the Bank of Japan for any new po

Published 04 Apr, 2013 04:55am

Financial

Dollar firms in Asia on upbeat manufacturing data

TOKYO: The dollar firmed against the yen and euro in Asia Wednesday, boosted by solid US economic data and a bleak outlo

Published 03 Apr, 2013 05:24am

Financial

South Korea won hits lowest since Sep 2012 on North Korea tensions; bonds up

SEOUL: The South Korean won skidded to a six and a half-month low in early trade Wednesday, hit by escalating geopolitic

Published 03 Apr, 2013 05:21am

Financial

Yen slips slightly versus dollar, market awaits BoJ

SINGAPORE/SYDNEY: The yen inched lower versus the dollar on Wednesday while the euro edged lower in a market largely lac

Published 03 Apr, 2013 05:12am

Financial

Dollar weakens in Asia after poor US data

TOKYO: The dollar fell against the yen and euro in Asian trade Tuesday after weaker-than-expected US manufacturing data

Published 02 Apr, 2013 06:43am

Financial

Yen hits month high before BoJ meet; factory data dents dollar

TOKYO/SYDNEY: The yen shot to a one-month high against the dollar on Tuesday after softer-than-expected US manufacturing

Published 02 Apr, 2013 05:27am

Financial

Dollar weakens in Asia after poor US data

TOKYO: The dollar fell against the yen and euro in Asian trade Tuesday after weaker-than-expected US manufacturing data

Published 02 Apr, 2013 04:05am

Financial

Yuan closes near record high on dollar supply, PBOC tolerance

SHANGHAI: China's yuan touched a record high versus the dollar on Monday and stayed near that level for much of the

Published 01 Apr, 2013 10:06am

Financial

South Korea won, bonds falls on importers, North Korea risk

SEOUL: The South Korean won fell early in subdued trade on Monday as local importers sold the won and investors were war

Published 01 Apr, 2013 09:08am

Financial

Yuan equals record high, then pulls back on PBOC stability push

SHANGHAI: China's yuan on Friday equaled a record high set two days earlier, but appears headed for only a tiny gain

Published 29 Mar, 2013 05:29am

Financial

Euro near 4-month low on signs of flight-to-quality

TOKYO: The euro hovered near four-month lows against the dollar on Friday, beset by political deadlock in Italy and worr

Published 29 Mar, 2013 01:03am

Financial

India rupee rises; dollar inflows cushion rupee in March quarter

MUMBAI: The Indian rupee pared early losses to close slightly stronger against the dollar on Thursday, in the last tradi

Published 28 Mar, 2013 05:19pm

Financial

Euro under pressure in Asia on Cyprus, Italy worries

TOKYO: The euro came under further selling pressure in Asia Thursday owing to concerns about Cyprus as it prepares to re

Published 28 Mar, 2013 06:22am

Financial

South Korea won edges down in thin trade after 2-day rally

SEOUL: The South Korean won edged down early on Wednesday as traders took a breather after two straight sessions of gain

Published 27 Mar, 2013 05:38am

Financial

A$, NZ$ extend rally, hit new highs on euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars pushed higher against the greenback and the euro on Wednesday

Published 26 Mar, 2013 09:58pm

Financial

Yuan closes just below record high; slow appreciation expected

SHANGHAI: China's yuan closed virtually flat on Tuesday after touching a record-high touched on Monday, with traders

Published 26 Mar, 2013 09:28am

Financial

Euro rebounds in Asia after plunge on Cyprus fears

TOKYO: The euro rebounded in Asian trade on Tuesday after plunging to multi-month lows on fears that a 10-billion-euro b

Published 26 Mar, 2013 06:48am

Financial

Yuan pulls back from record high; slow appreciation expected

SHANGHAI: China's yuan retreated on Tuesday from the record-high touched a day earlier, and traders expect only marg

Published 26 Mar, 2013 06:36am

Financial

Euro rebounds in Asia after plunge on Cyprus fears

TOKYO: The euro rebounded in Asian trade on Tuesday after plunging to multi-month lows on fears that a 10-billion-euro b

Published 26 Mar, 2013 05:12am

Financial

Euro recoils as Cyprus deal stings; BOJ in focus

SYDNEY: The euro nursed heavy losses early in Asia on Tuesday, having suffered a steep drop across the board on fears th

Published 25 Mar, 2013 11:07pm

Financial

Malaysian ringgit on course for strongest rise since Jan 2

SINGAPORE: The Malaysian ringgit was set to enjoy its biggest daily gain in nearly three months on Monday as interbank s

Published 25 Mar, 2013 05:08am

Financial

Euro steady in Asia after tumble on Europe fears

TOKYO: The euro was steady in Asian trade on Friday after tumbling in New York on weak eurozone economic data and growin

Published 22 Mar, 2013 06:15am

Financial

Euro steady as markets weigh Cyprus bailout fears

TOKYO: The euro was steady in Asia Thursday as markets eye talks over a Cyprus bailout deal, while yen trade was dominat

Published 21 Mar, 2013 06:25am

Financial

Australia dollar calm in face of political uncertainty, China helps

SYDNEY/WELLINGTON: The Australian dollar held steady on Thursday as the market took a guarded reaction to news the count

Published 21 Mar, 2013 04:53am

Financial

Thai baht eases as investors wary of potential intervention

SINGAPORE: The Thai baht retreated on Thursday as investors, wary of potential central bank intervention to stem further

Published 21 Mar, 2013 04:40am

Financial

Euro steady as markets weigh Cyprus bailout fears

TOKYO: The euro was steady in Asia Thursday as markets eye talks over a Cyprus bailout deal, while yen trade was dominat

Published 21 Mar, 2013 04:26am

Financial

Yuan smashes record highs as US Treasury Secretary visits

SHANGHAI: The yuan hit an all-time high against the dollar on Wednesday in what traders said was a goodwill gesture by C

Published 20 Mar, 2013 09:54am

Financial

Dollar, euro in rangebound after Cyprus bank levy vote

TOKYO: The dollar and the euro stayed in a narrow range in Asian trade Wednesday and avoided a heavy sell-off despite la

Published 20 Mar, 2013 08:04am

Financial

Dollar, euro softer after Cyprus bank levy vote

TOKYO: The dollar and the euro softened in Asian trade Wednesday but avoided a heavy sell-off after lawmakers in Cyprus

Published 20 Mar, 2013 04:52am

Financial

Thai baht hits 16-year high on inflows despite Cyprus

SINGAPORE: The Thai baht hit its strongest level on Tuesday since the 1997 Asian financial crisis on sustained inflows,

Published 19 Mar, 2013 06:40am

Financial

Indian bond yields rise ahead of RBI rate

MUMBAI: Indian bond yields rose on Monday, ahead of the government's borrowing details for the first half of the fiscal

Published 18 Mar, 2013 01:01pm

Financial

Euro dives in Asia on Cyprus bailout jitters

TOKYO: The euro dived in Asia Monday as news that Cyprus would have to tax bank customers' deposits as part of an EU bai

Published 18 Mar, 2013 06:43am

Financial

Yen firms, Asia shares fall on jitters from Cyprus deal

TOKYO: The yen firmed and Asian shares slipped on Monday after an unusual bailout proposal for Cyprus rattled investor n

Published 18 Mar, 2013 05:11am

Financial

Aussie & NZ dollars slip as Cyprus plan shakes markets

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell on Monday as uncertainty about the impact of a proposed b

Published 18 Mar, 2013 05:05am

Financial

Euro dives in Asia on Cyprus bailout jitters

TOKYO: The euro dived in Asia on Monday as news that Cyprus would have to tax bank customers' deposits as part of an EU

Published 18 Mar, 2013 04:14am

Financial

Dollar takes a breather, yen steady after BoJ chief approved

TOKYO: The dollar took a break from its recent sprint on Friday as sterling enjoyed a short squeeze and the yen was prop

Published 15 Mar, 2013 09:47am

Financial

Yen weaker in Asia after BoJ team approved

TOKYO: The yen weakened in Asia on Friday after Japan's parliament approved a new management team for the central bank,

Published 15 Mar, 2013 06:50am

Financial

Thai baht near 28 month high on offshore funds; intervention talk caps

SINGAPORE: The Thai baht rose on Friday to hover around a 28-month high on continued demand from offshore funds, but spe

Published 15 Mar, 2013 06:10am

Financial

Indian rupee falls; lower core inflation spurs rate cut hopes

MUMBAI: The Indian rupee fell on Thursday, dragged by a late fall in the euro, giving up gains accrued after data showed

Published 14 Mar, 2013 03:51pm

Financial

Kiwi & Aussie dollars consolidate as RBNZ looms

SYDNEY/WELLINGTON: The New Zealand and Australian dollars held their ground against the greenback on Wednesday and conso

Published 13 Mar, 2013 08:48am

Financial

South Korea won down for fifth day; bonds steady before BoK meeting

SEOUL: The South Korean won edged down on Wednesday, marking a fifth day of losses as investors unwound bets on the loca

Published 13 Mar, 2013 08:14am

Financial

Yen gains on BoJ nominee reports

TOKYO: The yen strengthened in Asia on Wednesday as forex markets reacted to reports that Japan's main opposition party

Published 13 Mar, 2013 06:17am

Financial

Yen under pressure in Asia on easing speculation

TOKYO: The yen was under pressure in Asia Tuesday as speculation grew that a new leadership team at the Bank of Japan wi

Published 12 Mar, 2013 06:37am

Financial

Aussie dollar hits 4-year peak on yen, 28-year high vs GBP on easing talk

SYDNEY/WELLINGTON: The Australian dollar shot up to fresh 4-1/2 year highs on the yen and 28-year peaks against the poun

Published 12 Mar, 2013 06:24am

Financial

South Korea won edges down on dollar strength, North Korea; bonds up

SEOUL: The South Korean won was slightly lower in early trade Tuesday, weighed by broad US dollar gains and continuing c

Published 12 Mar, 2013 05:23am

Financial

Yen extends losses on fresh BoJ easing expectations

TOKYO/SYDNEY: The yen carved out a fresh 3-1/2-year low versus the dollar on Tuesday and fell to a 4-1/2-year trough on

Published 12 Mar, 2013 05:21am

Financial

A$, NZ$ bounce on better risk sentiment

SYDNEY/WELLINGTON: The Australian dollar bounced back against the US dollar on Tuesday after gains in US share prices an

Published 11 Mar, 2013 10:13pm

Financial

Yen falls further as BoJ pick backs inflation target

NEW YORK: The yen sank further Monday after the nominee to lead the Bank of Japan reiterated his vow to ramp up monetary

Published 11 Mar, 2013 09:53pm

Financial

Indian rupee falls on dollar strength; trade data supports

MUMBAI: The Indian rupee fell on Monday, retreating from an over one-week high hit earlier in the session, as relief fro

Published 11 Mar, 2013 01:23pm

Financial

Dollar jumps in Asia on hopes for US jobs

TOKYO: The dollar rose to a three-and-a-half-year high against the yen in Asia Friday as dealers grew confident of encou

Published 08 Mar, 2013 06:08am

Financial

Yuan closes down on resumed dollar appreciation

SHANGHAI: The yuan pulled back from near seven-week highs on Thursday as the dollar resumed its climb.The People's Bank

Published 07 Mar, 2013 09:46am

Financial

Dollar powers ahead on job hopes, sterling falters

TOKYO: The dollar hovered near its highest level in 6-1/2 months against a basket of major currencies on Thursday after

Published 07 Mar, 2013 06:35am

Financial

Yen strengthens after BoJ stands pat on policy

TOKYO: The yen strengthened in Asia on Thursday after the Bank of Japan (BoJ) wrapped up its last policy meeting under g

Published 07 Mar, 2013 06:33am

Financial

Yen strengthens after BoJ stands pat on policy

TOKYO: The yen strengthened in Asia on Thursday after the Bank of Japan (BoJ) wrapped up its last policy meeting under g

Published 07 Mar, 2013 06:21am

Financial

Thai baht firmer on stock inflows; central bank says more funds to come

SINGAPORE: The Thai baht rose on Wednesday, fueled by demand from offshore funds as the country's main stock market inde

Published 06 Mar, 2013 06:15am

Financial

A$, NZ$ surf wave of global optimism

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were firmly on the front foot on Wednesday as world stock ma

Published 05 Mar, 2013 09:40pm

Financial

Yuan firms as dollar index backs off rally

SHANGHAI: The yuan strengthened against the dollar on Tuesday, taking its cue from central bank guidance that lifted the

Published 05 Mar, 2013 06:37am

Financial

China money rates fall on improved liquidity; tightening concerns ebb

SHANGHAI: China's money rates slumped on Tuesday as liquidity improved amid optimism that Ministry of Finance refunds wo

Published 05 Mar, 2013 06:15am

Financial

Aussie dollar plumbs 8 month trough, spooked by China talk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hit multi-month lows against their US counterpart on Monday as

Published 04 Mar, 2013 06:21am

Financial

Yen gains despite BoJ nominee's vow to beat deflation

TOKYO: The yen strengthened in morning Asian trade Monday after comments on beating deflation from the government's nomi

Published 04 Mar, 2013 05:41am

Financial

Yuan ends down in narrow trade, tight liquidity limits downside

SHANGHAI: The yuan closed down a touch against the dollar on Friday after the People's Bank of China (PBOC) set its dail

Published 01 Mar, 2013 10:11am

Financial

India rupee drops as FY14 budget disappoints; spending increased

MUMBAI: The Indian rupee weakened sharply on Thursday, retreating from a three-week high hit earlier, after the 2013/14

Published 28 Feb, 2013 09:39am

Financial

China money rates mostly up, PBOC neutral operations disappoint

SHANGHAI: Most of China's money market rates rose on Thursday after the People's Bank of China (PBOC) refrained from inj

Published 28 Feb, 2013 05:19am

Financial

Indonesian rupiah rises after strong debt sale

SINGAPORE: The Indonesian rupiah gained on Wednesday, helped by demand from foreign banks a day after a bigger-than-targ

Published 27 Feb, 2013 06:31am

Financial

Dollar under pressure in Asia after Bernanke comments

TOKYO: The dollar was under pressure in Asia Wednesday after the Federal Reserve head said the bank's stimulus policies

Published 27 Feb, 2013 06:19am

Financial

China money rates rise, market awaits central bank's reverse repo

SHANGHAI: China's money rates rose sharply on Wednesday due to tight conditions as the central bank kept draining funds

Published 27 Feb, 2013 04:58am

Financial

Dollar mixed in Asia after Bernanke comments

TOKYO: The dollar was mixed in morning Asian trade after Federal Reserve head Ben Bernanke said the bank's stimulus poli

Published 27 Feb, 2013 04:23am

Financial

A$ off lows on Fed QE commitment, pressured by yen

SYDNEY/WELLINGTON: The Australian dollar clawed back from a 4-1/2-month low against the US dollar on Wednesday after t

Published 26 Feb, 2013 09:37pm

Financial

Indian rupee weakens on month-end dollar demand

MUMBAI: The Indian rupee weakened on Tuesday, retreating sharply from a more than one-week high touched in the previous

Published 26 Feb, 2013 01:12pm

Financial

Euro weakens in Asia after Italy vote

TOKYO: The euro's brief rally on Tuesday morning fizzled as investors flocked to the safe-haven yen after Italian electi

Published 26 Feb, 2013 06:59am

Financial

Euro/dollar skids to nearly 7-week low on Italy vote concerns

TOKYO: The euro skidded to an almost seven-week low against the dollar in Asia on Tuesday, after political uncertainty f

Published 26 Feb, 2013 04:48am

Financial

Yen falls in Asia on BoJ chief reports, pound sinks

TOKYO: The yen sank in Asia Monday on expectations Japan would appoint a new central bank chief in favour of even looser

Published 25 Feb, 2013 07:09am

Financial

China money rates rise on expectation of tighter liquidity moves

SHANGHAI: China's money rates rose across the board on Monday after the People's Bank of China signalled that it would d

Published 25 Feb, 2013 06:51am

Financial

Dollar stays firm on Fed's QE doubts, euro near 6-week low

TOKYO: The dollar stayed near a 5-1/2-month high against a basket of currencies on Friday, helped by doubts over just

Published 22 Feb, 2013 06:42am

Financial

Euro extends losses, hits 6-week low vs dollar

SINGAPORE: The euro hit a six-week low against the dollar on Thursday, a day after minutes of the Federal Reserve's la

Published 21 Feb, 2013 05:47am

Financial

China money rates steady at low levels, market sees easy money ahead

SHANGHAI: China's money rates inched higher on Wednesday but remained at low levels, as post-holiday cash inflows and

Published 20 Feb, 2013 07:07am

Financial

Euro gains in Asia on German data

TOKYO: The euro strengthened in Asia on Wednesday, boosted by a surge in a closely watched German confidence index as

Published 20 Feb, 2013 05:24am

Financial

Euro gains in Asia on German data

TOKYO: The euro strengthened in Asian trading on Wednesday, boosted by a surge in a closely watched German confidence

Published 20 Feb, 2013 04:18am

Financial

A$, NZ$ bounce on better sentiment, stg slide

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were firm on Wednesday as a strong German business survey li

Published 19 Feb, 2013 09:09pm

Financial

A$, NZ$ hold to ranges, eye RBA minutes

WELLINGTON/SYDNEY: The New Zealand and Australian dollars marked time in holiday thinned markets on Tuesday holding cl

Published 18 Feb, 2013 09:50pm

Financial

Indian rupee gains on fund inflows; budget next trigger

MUMBAI: The rupee came off one-month lows to end higher on Monday, as late inflows related to foreign funds selling do

Published 18 Feb, 2013 08:58pm

Financial

Yen weakens in Asia after G20 talks

TOKYO: The yen weakened in Asia on Monday after G20 finance ministers pledged not to devalue their currencies and avoi

Published 18 Feb, 2013 06:28am

Financial

Dollar firm in Asia ahead of G20 talks

TOKYO: The dollar was firm in Asia on Thursday ahead of the start of G20 talks where the forex market may top the agen

Published 14 Feb, 2013 07:23am

Financial

Dollar firm in Asia ahead of G20 talks

TOKYO: The dollar held firm in Asian trade Thursday while the yen slipped ahead of the outcome of a Bank of Japan poli

Published 14 Feb, 2013 04:09am

Financial

Turkish lira, shares stronger on low deficit

ISTANBUL: Turkey's lira and shares firmed on Wednesday helped by data showing a narrower than expected current account

Published 13 Feb, 2013 11:57am

Financial

Seoul shares edge down; impact of Norht Korean nuclear test limited

SEOUL: South Korean shares inched down on Tuesday, with investors mostly shrugging off the increased geographical risk

Published 12 Feb, 2013 08:27am

Financial

Yen strengthens in Asian trade

TOKYO: The yen strengthened in Asian trading on Tuesday after tumbling in New York while a US Treasury official praise

Published 12 Feb, 2013 06:43am

Financial

Yen nurses losses after drop on Treasury official comment

TOKYO: The yen wallowed close to recent lows in Asian trading on Tuesday after a US Treasury official implied toleranc

Published 12 Feb, 2013 05:19am

Financial

Aussie & kiwi dollars retreat vs firmer euro, resume yen rise

WELLINGTON/ SYDNEY: The Australian and New Zealand dollars were softer against the euro on Tuesday after a polic

Published 11 Feb, 2013 11:06pm

Financial

Euro choppy, yen struggles to hold its ground

SYDNEY: The euro dipped to a two-week low in Asia on Monday, continuing to pull back from 15-month highs following wha

Published 11 Feb, 2013 12:34am

Financial

Aussie & kiwi dollars steady as data bolsters sentiment

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were steady on the US dollar on Monday as strong Chinese an

Published 10 Feb, 2013 09:14pm

Financial

Euro slips ahead of European Central Bank meeting

TOKYO: The euro weakened in Asia on Thursday ahead of a European Central Bank policy meeting later in the day and af

Published 07 Feb, 2013 04:20am

Financial

Euro up against dollar ahead of ECB meeting

NEW YORK: The euro regained strength against the dollar Tuesday, buoyed by stronger-than-expected eurozone data just t

Published 06 Feb, 2013 04:34am

Financial

Yen plunges after BoJ chief says he will quit early

TOKYO: The yen plunged to its lowest level in nearly three years against the dollar in Asian trade on Wednesday after

Published 06 Feb, 2013 04:16am

Financial

Inflows lift ringgit, baht; foreign bond demand aids won, rupiah

SINGAPORE: The Malaysian ringgit had the biggest gains among emerging Asian currencies on Tuesday as foreign investors

Published 05 Feb, 2013 10:39am

Financial

Yuan closes up in strong trade as market prepares for holiday

SHANGHAI: The yuan closed stronger on Tuesday as traders said customers were settling their currency positions ahead o

Published 05 Feb, 2013 10:34am

Financial

Dollar gains in Asian trade on Europe fears

TOKYO: The dollar rose in Asian trading Tuesday on the back of rising concerns about eurozone stability and warnings f

Published 05 Feb, 2013 08:08am

Financial

Yuan recovers on stronger central bank midpoint

SHANGHAI: The yuan strengthened on Tuesday in light trade and mild volatility, as traders said customers were sett

Published 05 Feb, 2013 07:08am

Financial

Dollar gains in Asian trade on Europe fears

TOKYO: The dollar rose in Asian trading Tuesday on the back of rising concerns about eurozone stability and warning

Published 05 Feb, 2013 06:25am

Financial

Euro under pressure in Asian trading

TOKYO: The euro was under pressure in Asian trading Tuesday on the back of rising concerns about eurozone stability

Published 05 Feb, 2013 04:22am

Financial

Yuan closes down, first time in negative territory in 2013

SHANGHAI: The yuan closed at its weakest level in more than five weeks on Monday, giving up all its gains year-to-da

Published 04 Feb, 2013 10:10am

Financial

Kenyan shilling steady vs dollar in tight market

NAIROBI: Kenya's shilling held steady on Monday as rising interbank rates and a tight money market offset importer dem

Published 04 Feb, 2013 09:47am

Financial

Yuan softens slightly on yen recovery, volumes moderate

SHANGHAI: The yuan traded at its weakest level in four weeks on Monday after the central bank lowered its guidance m

Published 04 Feb, 2013 08:32am

Financial

Euro rally fizzles in Asian trade

TOKYO: The euro's rally to multi-year highs came to a halt in Asian trade on Monday ahead of a European Central Bank p

Published 04 Feb, 2013 06:27am

Financial

Yen creeps up from 2 1/2-year low but seen vulnerable

TOKYO/SYDNEY: The listless yen bounced back a tad from a 2 1/2-year low against the dollar on Monday as option-relat

Published 04 Feb, 2013 05:58am

Financial

Euro rally fizzles in Asian trade

TOKYO: The euro's rally to multi-year highs came to a halt in Asian trade on Monday ahead of a European Central Bank

Published 04 Feb, 2013 04:28am

Financial

Bangladesh FX reserves hit new record in January

DHAKA: Bangladesh's foreign exchange reserves rose to a record high of $13.1 billion in January from $12.75 billion in

Published 03 Feb, 2013 12:10pm

Financial

India bond purchases seen likely as govt cuts spending

MUMBAI: India's central bank will likely have to resort to government bond purchases through open market operations (O

Published 01 Feb, 2013 10:40am

Financial

South Korea won falls to 3-month low on worry over FX curbs; bonds flat

SEOUL: The South Korean won fell to a three-month low in domestic trade on Friday, weighed by dollar-buying by offshor

Published 01 Feb, 2013 08:11am

Financial

Euro extends rally in Asian trading

TOKYO : The euro extended its rally in Asia on Friday as markets eye US jobs data later in the day, after a sur

Published 01 Feb, 2013 04:35am

Financial

Souht Korea won down on regulation worries; bonds up

SEOUL: The South Korean won fell for a second consecutive day in domestic trade Thursday, with offshor

Published 31 Jan, 2013 07:37am

Financial

Yuan breaks losing streak; c.bank signals appreciation tolerance

SHANGHAI: China's currency strengthened for the first time in a week on Wednesday after the central bank set a stronge

Published 30 Jan, 2013 06:49am

Financial

Yen hovers near 2-1/2 year low; Aussie dollar firmer

SINGAPORE: The dollar inched lower versus the yen on Tuesday but hovered within sight of a 2-1/2 year high hit a day ear

Published 29 Jan, 2013 07:11am

Financial

Dollar mixed ahead of Fed policy meeting

TOKYO: The dollar was mixed in Asian trade on Tuesday ahead of a US Federal Reserve policy meeting and on the back of we

Published 29 Jan, 2013 06:25am

Financial

LME copper up after promising US data; eyes Fed

SINGAPORE: London copper rose on Tuesday after a business spending survey suggested a recovery in the United States was

Published 29 Jan, 2013 05:13am

Financial

Dollar mixed ahead of Fed policy meeting

TOKYO: The dollar was mixed in Asian trade on Tuesday ahead of a US Federal Reserve policy meeting and on the back of we

Published 29 Jan, 2013 04:55am

Financial

Hong Kong yuan deposits rise 5.6pc in Dec to 603bn yuan

HONG KONG: Yuan deposits in Hong Kong, a major offshore market for the Chinese currency, increased to 603 billion yuan (

Published 28 Jan, 2013 10:28am

Financial

Dollar index to rise to 80.187

SINGAPORE: The dollar index is expected to revisit its Jan. 18 high of 80.187, driven by an upward wave c. This wave

Published 28 Jan, 2013 09:38am

Financial

Won drives Asia FX lower on ‘currency war’ signs

SINGAPORE: The South Korean won suffered its largest daily fall in 16 months, leading a slide in emerging Asian units sp

Published 28 Jan, 2013 09:01am

Financial

Seoul pulls Asian shares down, solid economic data helps

TOKYO: Tech-heavy South Korean shares led the broader Asian share index lower on Monday on fears of weaker earnings, but

Published 28 Jan, 2013 07:28am

Financial

Yen weakens as 'currency war' rhetoric heats up

TOKYO: The yen weakened further in Asian trade on Monday as criticism of the currency's slide heats up, with some warnin

Published 28 Jan, 2013 06:54am

Financial

Euro buoyed as crisis fears fade, yen falls

TOKYO: The euro was buoyed near an 11-month high against the dollar on Monday on mounting signs of recovering economic c

Published 28 Jan, 2013 05:15am

Financial

A$, NZ$ soft on euro, firm on yen

WELLINGTON: The Australian and New Zealand dollars trailed an invigorated euro on Monday on optimism the euro zone may h

Published 28 Jan, 2013 05:07am

Financial

Yuan slips despite dollar's fall; PBOC signals stability

SHANGHAI: China's yuan softened slightly on Monday, despite a fall in the dollar overnight, as traders say the central b

Published 28 Jan, 2013 05:07am

Financial

Yen weakens as 'currency war' rhetoric heats up

TOKYO: The yen weakened further in Asian trade on Monday as criticism of the currency's slide heats up, with some warnin

Published 28 Jan, 2013 04:32am

Financial

Chinese central banker says yuan close to equilibrium: Xinhua

BEIJING: The Chinese currency is trading at a level "relatively close" to equilibrium with the US dollar, a senior centr

Published 27 Jan, 2013 08:00pm

Financial

Yen decline could spark currency war

KUWAIT: The decline of the yen could spark a currency war in southeast Asia, Badr al-Saad, the head of Kuwait's sovereig

Published 26 Jan, 2013 03:13pm

Financial

Taiwan central bank to hold briefing on Chinese yuan

TAIPEI: Taiwan's central bank said on Friday that it will hold a briefing regarding the Chinese yuan business later in t

Published 25 Jan, 2013 06:28am

Financial

Yuan ends nearly unchanged in active trading, narrow movement seen

SHANGHAI: The Chinese yuan closed almost unchanged in active trade on Thursday after the central bank set a slightly wea

Published 24 Jan, 2013 10:32am

Financial

Dollar up vs yen on buy backs; yen's downtrend seen intact

SINGAPORE: The dollar rose against the yen on Thursday with traders attributing the move to position squaring by short-t

Published 24 Jan, 2013 08:12am

Financial

China PMI heals Asia FX's Apple pain; North Korea talk hits won

SINGAPORE: Most emerging Asian currencies eased on Thursday, with the won dragged lower partly by new North Korean threa

Published 24 Jan, 2013 07:59am

Financial

A$ worn down even as China flash PMI rises

WELLINGTON/SYDNEY: The Australian dollar lost altitude on its US counterpart on Thursday as a failure to rally on upbeat

Published 24 Jan, 2013 06:52am

Financial

Yuan edges lower in active trading, narrow movement seen

SHANGHAI: The Chinese yuan fell slightly in active trade on Thursday morning after the central bank set a slightly weake

Published 24 Jan, 2013 05:16am

Financial

Yen slips as Aussie gains support from upbeat Chinese data

SINGAPORE: The safe haven yen slipped and the Australian dollar gained some support on Thursday as an upbeat reading of

Published 24 Jan, 2013 05:16am

Financial

Yen slips after Japan posts record trade deficit

TOKYO: The yen slipped Thursday after Japan announced a record trade deficit for 2012, ending a rally fuelled by disappo

Published 24 Jan, 2013 04:29am

Financial

Yuan closes up in narrow trade, eyes on dollar trend

SHANGHAI: The Chinese yuan closed up on Wednesday after the central bank set a slightly stronger official midpoint to re

Published 23 Jan, 2013 10:48am

Financial

Yen bounces after BOJ disappoints; Aussie slips

SINGAPORE/SYDNEY: The yen pushed higher against the dollar on Wednesday after the Bank of Japan's monetary easing announ

Published 23 Jan, 2013 09:13am

Financial

Won, baht down on finance ministers warnings; Asia FX mixed

SINGAPORE: The South Korean won and the Thai baht fell on Wednesday as finance ministers of the countries warned against

Published 23 Jan, 2013 08:38am

Financial

Yuan edges up, central bank sets stronger midpoint on dollar fall

SHANGHAI: The Chinese yuan firmed slightly on Wednesday morning after the central bank set a slightly stronger official

Published 23 Jan, 2013 06:40am

Financial

Yen gains in Asia after BoJ policy moves

TOKYO: The yen strengthened in Asian trade Wednesday after the Bank of Japan announced an open-ended easing programme an

Published 23 Jan, 2013 06:31am

Financial

Yen gains in Asia after BoJ policy moves

TOKYO: The yen strengthened in Asian trade Wednesday after the Bank of Japan announced an open-ended easing programme an

Published 23 Jan, 2013 04:56am

Financial

Yuan ends up slightly, seen continuing to track dollar index

SHANGHAI: The Chinese yuan closed up incrementally on Tuesday after the central bank kept its official midpoint almost f

Published 22 Jan, 2013 10:08am

Financial

South Korea won pares intraday losses on Japan, bonds edge up

SEOUL: The South Korean won closed onshore trading slightly up against the dollar on Tuesday after a volatile session th

Published 22 Jan, 2013 09:15am

Financial

Yen firms in choppy trade as BOJ pledges open ended easing

SINGAPORE: The yen briefly fell against the dollar on Tuesday after the Bank of Japan surprised markets by adopting an o

Published 22 Jan, 2013 07:42am

Financial

Dollar/yen turns negative, falls one yen from high

TOKYO: The dollar fell more than one yen from its session high on Tuesday after initial excitement about the Bank of Jap

Published 22 Jan, 2013 06:07am

Financial

A$, NZ$ volatile vs yen as BOJ gets bold

WELLINGTON/SYDNEY: The Australian and New Zealand dollars briefly rose against the yen on Tuesday after the Bank of Japa

Published 22 Jan, 2013 06:00am

Financial

Yuan gains slightly, seen continuing to track dollar index

SHANGHAI: The Chinese yuan gained incrementally on Tuesday morning after the central bank kept its official midpoint alm

Published 22 Jan, 2013 05:53am

Financial

Yen gains after Japan minister's comments on BoJ

TOKYO: The yen gained in Asia on Tuesday after Japan's finance minister said the Bank of Japan may be divided on whether

Published 22 Jan, 2013 04:31am

Financial

Aussie & NZ dollars on tenterhooks for crunch BOJ meeting

WELLINGTON/SYDNEY: The Australian and New Zealand dollars marked time on Tuesday as the marked tensed for the outcome of

Published 21 Jan, 2013 09:35pm

Financial

Yuan ends weaker, eyes on global dollar performance

SHANGHAI: The Chinese yuan closed lower on Monday after the central bank set the official midpoint slightly weaker to re

Published 21 Jan, 2013 09:40am

Financial

South Korea won records biggest daily fall in 4 mths; bonds firm

SEOUL: The South Korean won fell in domestic trade Monday, recording the sharpest daily decline in four months as trader

Published 21 Jan, 2013 07:57am

Financial

Yuan weakens slightly, eyes on global dollar performance

SHANGHAI: The Chinese yuan edged lower on Monday morning after the central bank set the official midpoint slightly weake

Published 21 Jan, 2013 06:12am

Financial

Yen gains in Asia as Bank of Japan meeting starts

TOKYO: The yen strengthened in Asia on Monday as the Bank of Japan (BoJ) began a two-day meeting widely expected to see

Published 21 Jan, 2013 04:31am

Financial

Indonesia rupiah gains as Pertamina to stop dollar buying in open market

JAKARTA: Indonesia's rupiah rose on Friday, erasing its losses since the start of 2013, after the government stopped sta

Published 18 Jan, 2013 11:39am

Financial

Indian rupee hits 2-1/2 month high; more gains likely

MUMBAI: The Indian rupee strengthened to its highest level in two-and-a-half months on Friday, gaining for a second stra

Published 18 Jan, 2013 10:15am

Financial

Dollar mixed in Asia after upbeat housing, jobs data

TOKYO: The dollar was mixed in Asian trade Friday following encouraging US data on housing and jobs, while the yen weake

Published 18 Jan, 2013 09:22am

Financial

JGBs mostly slip as stocks soar; BOJ expectations lift front end

TOKYO: Japanese government bonds mostly slipped on Friday as a weaker yen lifted the stock market, while expectations of

Published 18 Jan, 2013 08:04am

Financial

JGBs mostly slip as stocks soar; BOJ expectations lift front end

TOKYO: Japanese government bonds mostly slipped on Friday as a weaker yen lifted the stock market, while expectations of

Published 18 Jan, 2013 08:04am

Financial

Bonds slip in Asia after upbeat China data

TOKYO: US Treasuries slipped in Asian trading on Friday after a spate of upbeat Chinese economic data, though concerns a

Published 18 Jan, 2013 06:52am

Financial

Yen extends gains in Asian trade

TOKYO: The yen strengthened against the dollar and euro in afternoon Asian trade Thursday, extending a rally after the J

Published 17 Jan, 2013 05:52am

Financial

South Korea won falls on yen short-covering; bonds steady

SEOUL: The South Korean won ended lower in domestic trade Wednesday, weighed down by short-covering on the yen by offsho

Published 16 Jan, 2013 09:27am

Financial

China's money rates fall after large foreign exchange buys

SHANGHAI: China's money rates fell on Wednesday on ample liquidity and after data showed the country was a net buyer of

Published 16 Jan, 2013 08:10am

Financial

Yen rises for second straight day, euro stung by Juncker

TOKYO: The yen rose for a second day on Wednesday after a Japanese cabinet minister warned of the potential harm of exce

Published 16 Jan, 2013 08:08am

Financial

China shares pull back from highest since June

HONG KONG: Mainland Chinese shares retreated from 7-1/2-month highs on Wednesday, dragged lower by real estate developer

Published 16 Jan, 2013 07:19am

Financial

A$, NZ$ gain on euro, but lose out to yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained ground on the euro after a top European official comp

Published 16 Jan, 2013 05:41am

Financial

Yen extends rebound in Asian trading

TOKYO: The yen extended a rebound Wednesday following multi-week declines after Japan's economy minister warned the unit

Published 16 Jan, 2013 04:33am

Financial

Sri Lanka rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Tuesday due to importer dollar demand, but currency dealers said foreign inf

Published 15 Jan, 2013 12:26pm

Financial

Indian shares touch 2-year highs; ITC, telcos surge

MUMBAI: Indian shares rose for a second consecutive session on Tuesday to touch two-year highs as ITC advanced ahead of

Published 15 Jan, 2013 10:23am

Financial

China shares end at 7-1/2-mth high, extend rally on macro outlook

SHANGHAI: China's shares closed up on Tuesday at a 7-1/2-month high, but the pace of growth abated after Monday's aggres

Published 15 Jan, 2013 08:26am

Financial

A$, NZ$ slip on yen, dragged lower vs USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were caught in choppy trade against the yen on Tuesday as a wa

Published 15 Jan, 2013 05:00am

Financial

Yen slips on BoJ chief's easing comments

TOKYO: The yen lost ground in Asian trade Tuesday as the Bank of Japan chief vowed to press ahead with "aggressive" mone

Published 15 Jan, 2013 04:49am

Financial

Rupiah down before govt bond auction; Asia FX subdued

SINGAPORE: The Indonesian rupiah slid on Monday on fears of further outflows ahead of a government debt auction, while o

Published 14 Jan, 2013 08:40am

Financial

A$, NZ$ overtaken by euro, but power up vs USD & yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended losses against a vivacious euro on Monday but advance

Published 14 Jan, 2013 07:56am

Financial

South Korea won ends down for first time in 5 days; bonds steady

SEOUL: The South Korean won edged down in domestic trade on Monday as investors took profits in the absence of major new

Published 14 Jan, 2013 07:34am

Financial

Euro surges against dollar on ECB comments

SINGAPORE: The euro rose against the dollar in Asia on Monday after the European Central Bank chief's positive comments

Published 14 Jan, 2013 06:46am

Financial

Euro surges against dollar on ECB comments

SINGAPORE: The euro rose against the dollar in Asia on Monday after the European Central Bank chief's positive comments

Published 14 Jan, 2013 04:44am

Financial

Aussie & NZ dollars retreat on advancing euro, but firm vs yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars lost ground to a broadly stronger euro on Monday as the single

Published 13 Jan, 2013 11:39pm

Financial

FX fear factor returns to haunt Indonesian investors

SINGAPORE: Indonesia's rupiah spent the latter half of 2012 shielded from speculative strikes and volatility by the coun

Published 13 Jan, 2013 11:26pm

Financial

Yen tumbles as Japan unveils big spending plan

TOKYO: The yen fell in Asian trade on Friday as Tokyo unveiled a huge spending plan and kept pressure on the central ban

Published 11 Jan, 2013 06:44am

Financial

Sri Lanka rupee hits 9-month high, despite central bank intervention

COLOMBO: The Sri Lankan rupee rose to a nine-month closing high on Thursday due to foreign inflows into government secur

Published 10 Jan, 2013 12:09pm

Financial

Offshore yuan hits record high for second day on strong trade data

SHANGHAI: Spot yuan traded in Hong Kong hit a record high against the dollar for the second straight day on Thursday as

Published 10 Jan, 2013 08:27am

Financial

Rupiah weakens on fear of outflows, peers buoyed by China trade data

SINGAPORE: Fears of capital outflows hit the Indonesian rupiah on Thursday with one-month forwards at weakest in more th

Published 10 Jan, 2013 08:10am

Financial

Euro mixed in Asian trade ahead of ECB meeting

TOKYO: The euro was mixed in Asia on Thursday ahead of a European Central Bank (ECB) meeting, with policymakers widely e

Published 10 Jan, 2013 06:36am

Financial

A$, NZ$ power up on upbeat China data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars popped higher against the US dollar on Thursday, after strong

Published 10 Jan, 2013 04:59am

Financial

Euro mixed in Asian trade ahead of ECB meeting

TOKYO: The euro was mixed in Asia on Thursday ahead of a European Central Bank (ECB) meeting, with policymakers widely e

Published 10 Jan, 2013 04:28am

Financial

Sri Lanka rupee strikes 9 months high on inflows

COLOMBO: Sri Lankan rupee rose 0.8 percent to a nine-month closing high on Wednesday helped by inflows into government s

Published 09 Jan, 2013 11:42am

Financial

China's firm yuan fixing supports Asia FX; rupiah down

SINGAPORE: Most emerging Asian currencies rose with the South Korean won hovering near 17-month high on Wednesday as Chi

Published 09 Jan, 2013 08:14am

Financial

South Korea won edges up on local exporters; bonds down

SEOUL: The South Korean won edged up on Wednesday, rising just before the market close on a surge of dollar sales from l

Published 09 Jan, 2013 08:07am

Financial

Dollar firms vs yen as buyers emerge after pullback

SINGAPORE: The dollar edged higher against the yen on Wednesday after its retreat this week from a 2-1/2 year high lured

Published 09 Jan, 2013 06:00am

Financial

Yuan edges up, central bank signals cautious tolerance for appreciation

SHANGHAI: China's yuan ticked up on Wednesday morning, remaining near its all-time high, while a strong central bank mid

Published 09 Jan, 2013 05:49am

Financial

A$ restrained after soft retail data; NZD firm

SYDNEY/WELLINGTON: The Australian dollar had a subdued tone on Wednesday after surprisingly weak retail sales data promp

Published 09 Jan, 2013 05:42am

Financial

Yen gives up early gains in Asian trade

TOKYO: The yen resumed its recent weakening trend on Wednesday, giving up early gains, with dealers saying the reversal

Published 09 Jan, 2013 04:45am

Financial

India rupee gains on fund inflows; Fitch warning clouds outlook

MUMBAI: The Indian rupee rose on Tuesday helped by continued inflows into local equities, but a warning from Fitch on th

Published 08 Jan, 2013 01:04pm

Financial

Yuan closes just shy of record after eight-month high central bank fix

SHANGHAI: China's central bank set its strongest midpoint in eight months on Tuesday after a fall in the dollar the day

Published 08 Jan, 2013 09:40am

Financial

Dollar slips vs yen; euro supported as Japan eyes ESM debt

SINGAPORE: The euro sagged against the yen on Tuesday, but bounced from early lows after Japan said it will buy bonds is

Published 08 Jan, 2013 08:26am

Financial

Rupiah down on importers, one-month dollar/rupiah NDFs at 3-year high

SINGAPORE: The Indonesian rupiah fell amid strong dollar demand from importers on Tuesday, with one-month non-deliverabl

Published 08 Jan, 2013 08:20am

Financial

South Korea won gains, but intervention worry caps rise; bonds up

SEOUL: The South Korean won edged up in domestic trade on Tuesday, but investors remained reluctant to take big bets ami

Published 08 Jan, 2013 08:14am

Financial

Yen bounces back in Asian trade

TOKYO: The yen rebounded in Asian trade on Tuesday after suffering weeks of steep declines fuelled by promises from the

Published 08 Jan, 2013 07:13am

Financial

A$, NZ$ dollars edge off highs; trade deficit widens

SYDNEY/WELLINGTON: The Australian and New Zealand dollars slipped against the US dollar on Tuesday, and ran into profit-

Published 08 Jan, 2013 06:42am

Financial

Euro trims earlier losses vs yen on Japan finmin's remarks

SINGAPORE: The euro held steady against the yen on Tuesday, having bounced from earlier lows after Japanese Finance Mini

Published 08 Jan, 2013 06:42am

Financial

Yuan near record as central bank sets fixing at eight-month high

SHANGHAI: China's central bank set its strongest midpoint in eight months on Tuesday after a fall in the dollar the day

Published 08 Jan, 2013 06:42am

Financial

Yen's bounces back in Asian trade

TOKYO: The yen rebounded in Asian trade on Tuesday after suffering weeks of steep declines fuelled by promises from the

Published 08 Jan, 2013 04:45am

Financial

Dollar mixed in Asian trade

TOKYO: The dollar was mixed in Asia Monday, after the unit last week surged to its highest level against the Japanese ye

Published 07 Jan, 2013 07:32am

Financial

Yuan edges higher, central bank seen preventing major appreciation

SHANGHAI: Corporate demand helped the yuan edge higher against the dollar on Monday morning, despite apparent efforts by

Published 07 Jan, 2013 05:29am

Financial

A$, NZ$ scale fresh 4-year peaks on yen, firm vs USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars powered to fresh four-year peaks against the yen on Monday, un

Published 07 Jan, 2013 05:29am

Financial

Dollar slips vs yen, but still near July 2010 peak

SINGAPORE: The dollar slipped against the yen on Monday but remained near a 2-1/2-year high, as investors pondered the p

Published 07 Jan, 2013 05:19am

Financial

Dollar mixed in Asian trade

TOKYO: The dollar was mixed in Asian trading on Monday, after the unit last week surged to its highest level against the

Published 07 Jan, 2013 04:40am

Financial

India forex reserves tad up at $296.58bn

MUMBAI: India's foreign exchange reserves were at $296.58 billion as of Dec. 28, compared with $296.54 billion in the pr

Published 04 Jan, 2013 12:08pm

Financial

Dollar hits highest against yen since mid 2010

TOKYO: The dollar on Friday hit its highest against the yen for more than two years, as yen-selling sentiment remained s

Published 04 Jan, 2013 08:02am

Financial

Taiwan dollar, peso lead gains; intervention slows firm bias

SINGAPORE: The Taiwan dollar and the Philippine peso led gains among emerging Asian currencies on Thursday, reflecting t

Published 03 Jan, 2013 08:05am

Financial

South Korea won rises to 16-month high

SEOUL: The South Korean won rose to a fresh 16-month high on Thursday on large dollar sales from exporters seen near the

Published 03 Jan, 2013 07:53am

Financial

Yen inches higher after slide, euro falters

SINGAPORE: The yen edged higher after hitting a 29-month low versus the dollar on Thursday, having come under pressure e

Published 03 Jan, 2013 05:42am

Financial

Euro down against dollar on fiscal cliff deal fears

SINGAPORE: The euro fell against the dollar in Asia Thursday as euphoria over the US fiscal cliff deal gave way to conce

Published 03 Jan, 2013 04:42am

Financial

Yen down as US avoids 'fiscal cliff'

SINGAPORE: The yen hit its lowest level since July 2011 versus the euro on Wednesday as US lawmakers passed a bill to av

Published 02 Jan, 2013 06:56am

Financial

Euro up against dollar as US backs fiscal cliff deal

SINGAPORE: The euro surged against the dollar on Wednesday as traders flocked to the riskier single currency after the U

Published 02 Jan, 2013 05:45am

Financial

Dollar falls on optimism over 'fiscal cliff' deal

SINGAPORE: The safe haven dollar fell on Wednesday as the US House of Representatives seemed to take a step closer to st

Published 02 Jan, 2013 05:09am

Financial

A$, NZ$ fly on US fiscal deal, bonds dive

SYDNEY: The Australian and New Zealand dollars scaled four-year peaks against the yen and leaped on their US counterpart

Published 02 Jan, 2013 04:56am

Financial

Euro up against dollar on US fiscal cliff deal

SINGAPORE: The euro surged against the dollar on Wednesday as traders flocked to the riskier single currency with the US

Published 02 Jan, 2013 04:22am

Financial

Bangladesh FX reserves hit record in December

DHAKA: Bangladesh's foreign exchange reserves rose to a record high of $12.75 billion at the end of December from $11.75

Published 01 Jan, 2013 12:34pm

Financial

Indian rupee gains on first day in 2013; more upside seen

MUMBAI: The Indian rupee started 2013 on a positive note tracking gains in local shares after US lawmakers agreed on a d

Published 01 Jan, 2013 12:30pm

Financial

Turkish Treasury plans Jan domestic borrowing of 11.6bn lira

ISTANBUL: Turkey's Treasury said on Monday it planned to borrow 11.6 billion lira ($6.48 billion) from domestic markets

Published 31 Dec, 2012 04:39pm

Financial

India rupee drops for 2nd consecutive year; seen gaining in 2013

MUMBAI: The Indian rupee fell due to oil-related dollar demand on Monday, ending 2012 with its second consecutive yearly

Published 31 Dec, 2012 12:52pm

Financial

Yen slides in Asia as new Japan government sworn in

TOKYO: The yen's slide continued in Asia Thursday, plunging to a more than two-year low against the dollar after a new J

Published 31 Dec, 2012 12:38pm

Financial

Yuan heads for 1 percent rise in 2012, more volatility seen in 2013

SHANGHAI: China's yuan rose against the dollar on Monday, guided by the central bank's stronger midpoint, and looked set

Published 31 Dec, 2012 08:22am

Financial

Yen on track for biggest yearly drop vs dollar since 2005

SINGAPORE: The yen held above a two-year low versus the dollar on Monday but remained on track for its largest annual dr

Published 31 Dec, 2012 07:28am

Financial

Dollar down against euro, yen on fiscal cliff fears

SINGAPORE: The dollar weakened against the euro in Asia Monday with traders fleeing the US currency as hopes faded that

Published 31 Dec, 2012 04:27am

Financial

Japan Aso says watching out for possible renewed yen gains

TOKYO: Japan is watching closely for any signs of renewed strengthening of the yen, Finance Minister Taro Aso said on Fr

Published 28 Dec, 2012 02:59pm

Financial

Seoul shares end higher, gain 9.4pc in 2012

SEOUL: South Korean shares finished the year higher on Friday boosted by heavyweight Samsung Electronics in a thin tradi

Published 28 Dec, 2012 07:10am

Financial

Yen hits 2-year low on expectations for bold stimulus

TOKYO/SINGAPORE: The yen fell to its lowest level in more than two years versus the dollar on Friday, pressured by expec

Published 28 Dec, 2012 07:09am

Financial

South Korea won ends 2012 up 7.6pc vs dollar, most since 2009

SEOUL: The South Korean won ended this year's last local session at 1,070.6 per dollar on Friday, marking a 7.6 percent

Published 28 Dec, 2012 06:40am

Financial

Yen sinks deeper in Asian trade

TOKYO: The yen lost more ground in Asia on Friday, as traders bet that Japan's new government will heap further pressure

Published 28 Dec, 2012 06:20am

Financial

Yuan ends down following busier afternoon trading

SHANGHAI: China's yuan closed slightly lower against the dollar on Thursday following a busy afternoon session during wh

Published 27 Dec, 2012 09:30am

Financial

Philippine peso up despite central bank move, most Asia FX rise

SINGAPORE: The Philippine peso turned firmer after hitting a near six-week low against the dollar on Thursday on measure

Published 27 Dec, 2012 07:48am

Financial

South Korea won edges higher on exporters; intervention suspected

SEOUL: The South Korean won edged higher in domestic trade on Thursday, boosted by dollar-selling from local exporters i

Published 27 Dec, 2012 07:48am

Financial

Yen falls to 2-year low on expectations of bold stimulus

TOKYO/SINGAPORE: The yen fell to its lowest level in more than two years against the dollar on Thursday, reflecting expe

Published 27 Dec, 2012 06:46am

Financial

Yen hits 2-year low on new Japan govt expectations

TOKYO/SINGAPORE: The yen hit a two-year low versus the dollar on Thursday, reflecting expectations that the new governme

Published 27 Dec, 2012 05:38am

Financial

Yuan slips in sluggish trading near year-end

SHANGHAI: China's yuan was a tad lower against the dollar on Thursday in thin trade ahead of the year-end closing of boo

Published 27 Dec, 2012 05:29am

Financial

A$, NZ$ gain on yen, but lose out to euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars pushed closer to multi-year peaks on a floundering yen on Thur

Published 27 Dec, 2012 05:29am

Financial

Yen slides in Asia as new Japan government sworn in

TOKYO: The yen's slide continued in Asia Thursday, plunging to a more than two-year low on the dollar after a new Japane

Published 27 Dec, 2012 04:19am

Financial

Turkish lira firms, shares up in extremely thin trade

ISTANBUL: Turkish lira firmed slightly against the dollar and shares hit a record high in extremely thin post-Christmas

Published 26 Dec, 2012 04:00pm

Financial

Yuan edges down as bank clients settle FX positions near year-end

SHANGHAI: China's yuan closed down against the dollar on Wednesday, guided by the central bank's midpoint, with the majo

Published 26 Dec, 2012 11:47am

Financial

Yen tumbles in Asia as new Japan PM takes office

TOKYO: The yen tumbled to a 20-month low in Asian trading Wednesday on expectations that newly elected Japanese premier

Published 26 Dec, 2012 07:31am

Financial

Yuan slips as bank clients settle FX positions at year-end

SHANGHAI: China's yuan slipped a touch against the dollar early on Wednesday, guided by the central bank's midpoint, wit

Published 26 Dec, 2012 05:00am

Financial

Yuan steady in thin trade as year-end approaches

SHANGHAI: China's yuan steadied in thin business on Tuesday, with deals mostly limited to urgent business between banks

Published 25 Dec, 2012 06:16am

Financial

Yen ticks up in Asia after easing-sparked tumble

TOKYO: The yen edged higher in Asian trade on Tuesday after tumbling on speculation that the Bank of Japan would launch

Published 25 Dec, 2012 04:11am

Financial

Yuan weakens in active trading, dollar demand rises as 2012 winds down

SHANGHAI: China's yuan weakened slightly in active trading on Monday morning due to higher dollar demand as the year-end

Published 24 Dec, 2012 07:46am

Financial

US fiscal talks caution weighs on Asia FX

SEOUL: Most emerging Asian currencies edged down on Monday in subdued pre-holiday trade as concern over a US fiscal cris

Published 24 Dec, 2012 07:23am

Financial

South Korea won nearly flat as exporter won demand offsets US woes

SEOUL: The South Korean won was nearly flat in domestic trade on Monday, reversing initial losses as exporters' won dema

Published 24 Dec, 2012 07:15am

Financial

Yen slips as Abe steps up pressure on BoJ

SINGAPORE: The yen dipped against the greenback and euro in Asian trade Monday as incoming Japanese premier Shinzo Abe s

Published 24 Dec, 2012 04:28am

Financial

won rise vs dollar, yen 'warning sign': S.Korea president

SEOUL: The won's fast appreciation against the dollar and the yen is a "warning sign" to the exporters, South Korean Pre

Published 24 Dec, 2012 12:09am

Financial

Sri Lankan rupee gains on exporter dollar sales; stocks down

COLOMBO: Sri Lanka's rupee gained for a third straight session on Friday to its highest level against the dollar in more

Published 21 Dec, 2012 12:36pm

Financial

India rupee hits 3 week low; US 'fiscal cliff' development eyed

MUMBAI: The Indian rupee hit a three-week low on Friday, extending its fall for a third straight week, as uncertainty ov

Published 21 Dec, 2012 12:20pm

Financial

Euro falls, yen gains as Boehner drops ‘fiscal cliff’ plan

SINGAPORE: The euro fell against the dollar on Friday as Republican House Speaker John Boehner abandoned his Bill to avo

Published 21 Dec, 2012 06:23am

Financial

Yen up in Asia on expected BoJ easing, US fiscal woes

TOKYO: The yen rebounded from recent lows against the euro and dollar in Asian trade on Friday after the Bank of Japan's

Published 21 Dec, 2012 06:07am

Financial

Post BOJ profit-taking weighs on Asia FX

SEOUL: Most emerging Asian currencies slid on Thursday as investors used the Bank of Japan's policy stimulus news as a c

Published 20 Dec, 2012 10:03am

Financial

Yuan closes flat, recovery in trading volume sustained

SHANGHAI: The yuan closed virtually flat on Thursday as traders watched global currency markets and waited to find out i

Published 20 Dec, 2012 09:55am

Financial

Yen firms after Bank of Japan policy decision

TOKYO: The yen strengthened on the dollar in Asian trade on Thursday after the Bank of Japan launched fresh monetary eas

Published 20 Dec, 2012 08:17am

Financial

South Korea won falls amid US fiscal crisis worries; bonds up

SEOUL: The South Korean won ended lower in domestic trade Thursday, pulled down by renewed worries about whether the US

Published 20 Dec, 2012 07:41am

Financial

Yen gains on profit taking after long-awaited BOJ easing

TOKYO: The yen firmed on Thursday after the Bank of Japan, as expected, eased monetary policy, increasing its asset purc

Published 20 Dec, 2012 07:39am

Financial

China's money rates jump on year-end cash demand

SHANGHAI: China's money rates jumped on Thursday, with dealers saying that year-end cash demand was crimping market liqu

Published 20 Dec, 2012 05:46am

Financial

Dollar rises briefly vs yen after BOJ eases as expected

SINGAPORE: The dollar rose briefly against the yen but remained down on the day after the Bank of Japan eased monetary p

Published 20 Dec, 2012 04:38am

Financial

Yen up ahead of Bank of Japan policy decision

TOKYO: The yen edged higher in early Asian trade on Thursday as currency dealers focused on the Bank of Japan's policy m

Published 20 Dec, 2012 04:31am

Financial

Yuan ends flat, seen trading narrowly

SHANGHAI: China's yuan closed flat on Wednesday in the absence of fresh developments but volumes were higher than averag

Published 19 Dec, 2012 09:50am

Financial

Hopes for BOJ easing, US fiscal deal support Asia FX

SEOUL: Emerging Asian currencies moved higher on Wednesday on expectations of greater inflows into the region if the Ban

Published 19 Dec, 2012 09:34am

Financial

Yen weak ahead of Bank of Japan policy decision

TOKYO: The yen was under pressure in Asia Wednesday as markets bet on more easing measures after a Bank of Japan (BoJ) p

Published 19 Dec, 2012 07:17am

Financial

A$, NZ$ slip on euro & USD, but firm on yen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground against the euro and US dollar on Wednesday,

Published 19 Dec, 2012 06:19am

Financial

Yuan firms, offshore premium attracts arbitrage

SHANGHAI: China's yuan firmed slightly on Wednesday, but lacked direction in the absence of either central bank interven

Published 19 Dec, 2012 06:15am

Financial

Philippines trims foreign bond sales planned for 2013

MANILA: The Philippines has cut back overseas bond sales planned for next year, favoring global peso notes, to wean itse

Published 19 Dec, 2012 06:06am

Financial

Euro outperforms majors, yen still pinned down

SYDNEY: The euro hovered at multi-month highs against the dollar and yen on Wednesday, having extended recent gains as t

Published 19 Dec, 2012 04:32am

Financial

Yen weak ahead of Bank of Japan policy decision

TOKYO: The yen was under pressure in Asia Wednesday as markets bet on more easing measures after a Bank of Japan (BoJ) p

Published 19 Dec, 2012 04:22am

Financial

India rupee hits 3-week low; falls for fifth day as RBI disappoints

MUMBAI: The Indian rupee dropped for a fifth straight day, weakening to its lowest level in three weeks on Tuesday as he

Published 18 Dec, 2012 01:04pm

Financial

Fears of intervention subdue Asian FX markets

SEOUL: Emerging Asian currencies were mixed on Tuesday, as caution over possible intervention by regional central banks

Published 18 Dec, 2012 10:12am

Financial

Yuan closes flat, market keeps eye on US budget talks

SHANGHAI: China's yuan ended the day flat on Tuesday in average volume as global currency markets awaited signs of progr

Published 18 Dec, 2012 09:58am

Financial

Kenyan shilling steady, sees support from tea inflows

NAIROBI: The Kenyan shilling was little changed against the dollar early on Tuesday with inflows from Kenyans living abr

Published 18 Dec, 2012 08:59am

Financial

Yen inches lower, hovers near 20-month low vs dollar

SINGAPORE/TOKYO: The yen edged lower and neared a 20-month low versus the dollar on Tuesday, dogged by expectations that

Published 18 Dec, 2012 07:56am

Financial

Yen weak in Asian trade ahead of BoJ meeting

TOKYO: The yen weakened in Asian trade on Tuesday as markets look to a Bank of Japan (BoJ) meeting for signs of more eas

Published 18 Dec, 2012 07:29am

Financial

India bond yields off highs on OMO hopes

MUMBAI: Indian bond yields eased on Tuesday from the session's high after the central bank kept interest rates unchanged

Published 18 Dec, 2012 07:12am

Financial

A$, NZ$ maintain edge over yen, steady vs USD

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held firm against the yen on Tuesday, with the kiwi within eas

Published 18 Dec, 2012 04:55am

Financial

Yen edges lower, hovers near 20-month low vs dollar

SINGAPORE/TOKYO: The yen edged lower and neared a 20-month low versus the dollar on Tuesday, dogged by expectations that

Published 18 Dec, 2012 04:48am

Financial

Yen weak in Asian trade ahead of BoJ meeting

TOKYO: The yen weakened in Asian trade on Tuesday as markets look to a Bank of Japan (BoJ) meeting for signs of more eas

Published 18 Dec, 2012 04:24am

Financial

Japan election result keeps yen wobbly near lows

LONDON: The yen fell to its lowest in more than a year and a half against the dollar on Monday after a landslide electio

Published 17 Dec, 2012 12:35pm

Financial

India rupee weakens for fourth day; central bank policy in focus

MUMBAI: The Indian rupee weakened for a fourth straight session on Monday as importers including oil refiners stepped up

Published 17 Dec, 2012 12:31pm

Financial

South Korea won rises on US/Japan policy-easing view; bonds flat

SEOUL: The South Korean won edged up against the dollar in thin domestic trade on Monday as expectations for a prolonged

Published 17 Dec, 2012 10:13am

Financial

Japan LDP victory boosts Asia FX vs yen

SEOUL: Emerging Asian currencies rallied against the yen as Japan's election results cemented views that there will be m

Published 17 Dec, 2012 10:09am

Financial

Yuan closes slightly firmer as traders see central bank backing off

SHANGHAI: China's yuan closed stronger against the dollar on Monday as the central bank appeared to wind down interventi

Published 17 Dec, 2012 09:56am

Financial

Japan election result knocks vulnerable yen

LONDON: The yen fell to its lowest in more than a year and a half versus the dollar on Monday after a landslide election

Published 17 Dec, 2012 09:32am

Financial

Kenyan shilling steady vs dollar, seen firmer on remittances

NAIROBI: The Kenyan shilling held steady on Monday and was expected to be lifted in coming days by dollar inflows from K

Published 17 Dec, 2012 08:54am

Financial

A$, NZ$ surge on yen as Japan vote pressures BOJ

WELLINGTON/SYDNEYL: The Australian and New Zealand dollars hit multi-year peaks on the yen and held close to multi-month

Published 17 Dec, 2012 07:55am

Financial

Yuan firms as traders see central bank intervention winding down

SHANGHAI: China's yuan strengthened against the dollar on Monday as the central bank appeared to wind down intervention

Published 17 Dec, 2012 07:45am

Financial

Yen plunges after conservative win in Japan elections

TOKYO: The yen plunged in Asian currency markets on Monday after Japan's conservative opposition swept to victory in nat

Published 17 Dec, 2012 07:20am

Financial

China's money rates steady, liquidity ample

SHANGHAI: China's money rates were little changed on Monday, with traders expecting liquidity to remain ample as the amo

Published 17 Dec, 2012 05:58am

Financial

Yen plunges after conservative win in Japan elections

TOKYO: The yen plunged in Asian currency markets on Monday after Japan's conservative opposition swept to victory in nat

Published 17 Dec, 2012 04:44am

Financial

India rupee falls on heavy USD buy by state-run bank; inflation eases

MUMBAI: The Indian rupee fell to its lowest in over a week on Friday after heavy dollar buying by a large state-run bank

Published 14 Dec, 2012 12:17pm

Financial

Yuan closes softer as central bank dollar buying returns

SHANGHAI: China's yuan weakened on Friday with bullish market sentiment curbed by what traders suspected was central ban

Published 14 Dec, 2012 10:19am

Financial

India rupee reverses losses after inflation rate eases

MUMBAI: The Indian rupee recovered from early losses to trade higher on Friday after headline inflation surprised on the

Published 14 Dec, 2012 07:37am

Financial

Yen falls in Asian trade ahead of Japan elections

TOKYO: The yen fell in Asia on Friday ahead of weekend elections expected to see a change of leadership, while a key Ban

Published 14 Dec, 2012 07:01am

Financial

South Korea won up, but off highs on importers, banks; bonds down

SEOUL: The South Korean won edged higher in domestic trade Thursday, but fell from its intraday highs on steady dollar d

Published 13 Dec, 2012 09:08am

Financial

Yuan strengthens as China central bank's dollar buying dies down

SHANGHAI: China's yuan strengthened through noon trade on Thursday from an eight-week low touched a day earlier, as the

Published 13 Dec, 2012 08:21am

Financial

Yen sinks in Asian trade ahead of Japan elections

TOKYO: The yen sank to multi-month lows against the dollar and euro Thursday on rising risk sentiment and ahead of elect

Published 13 Dec, 2012 07:17am

Financial

A$, NZ$ bound higher, kiwi savages yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held close to multi-month highs against the greenback and the

Published 13 Dec, 2012 05:31am

Financial

Dollar near nine-month high on yen in Asian trade

TOKYO: The dollar rose to its highest level in nearly nine months against the yen in Asia on Thursday as the safe-haven

Published 13 Dec, 2012 04:48am

Financial

Yuan little changed; strong central bank action ends deadlock

SHANGHAI: China's yuan stayed well clear of its top-end limit for the first time in nearly three weeks on Wednesday, as

Published 12 Dec, 2012 07:30am

Financial

Benchmark JGBs firm as Fed policy outcome awaited

TOKYO: Benchmark Japanese government bonds firmed slightly on Wednesday with yields creeping towards last week's 9-1/2-y

Published 12 Dec, 2012 07:29am

Financial

Won hits 15-month high, Asia FX up on Fed easing hopes

SINGAPORE: The South Korean won hit a 15-month high for the third straight day and most emerging Asian currencies held f

Published 12 Dec, 2012 07:18am

Financial

Yen weakens in Asian trade after North Korea launch

TOKYO: The yen lost ground in Asian trading Wednesday in the wake of North Korea launching a rocket seen by many in the

Published 12 Dec, 2012 06:19am

Financial

Dollar under pressure as market eyes Fed stimulus

TOKYO: The dollar was under pressure on Wednesday, hovering near multi-month lows against higher-yielding currencies, as

Published 12 Dec, 2012 05:22am

Financial

A$, NZ$ at multi-month peaks on USD and yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stretched to multi-month highs on the greenback and yen on Wed

Published 12 Dec, 2012 05:22am

Financial

Dollar briefly up against yen after North Korea launch

TOKYO: The dollar briefly jumped against the yen in Asian trading Wednesday after North Korea launched a rocket seen by

Published 12 Dec, 2012 04:33am

Financial

India rupee gains on share sale inflows; trade deficit weighs

MUMBAI: The Indian rupee rose on Tuesday on the back of inflows from Bharti Infratel's initial public offering and expec

Published 11 Dec, 2012 12:24pm

Financial

Euro inches up in Asian trade

TOKYO: The euro inched up in Asian trading on Tuesday as traders kept a close eye on the Fed's two-day policy meeting.

Published 11 Dec, 2012 06:21am

Financial

A$, NZ$ close to multi-week peaks on USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held close to multi-week highs on Tuesday, drawing support fro

Published 11 Dec, 2012 05:53am

Financial

A$, NZ$ near multi-week peaks on USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held close to multi-week highs on the greenback on Tuesday eve

Published 11 Dec, 2012 05:01am

Financial

Yuan rebounds; revived dollar demand restores liquidity

SHANGHAI: The yuan rebounded sharply on Tuesday, recovering most of the ground lost during a late-day tumble on Monday a

Published 11 Dec, 2012 04:49am

Financial

Euro slips in Asian trade

TOKYO: The euro was weaker in Asian trading on Tuesday, weighed by worries over Italian Prime Minister Mario Monti's dec

Published 11 Dec, 2012 04:29am

Financial

South Korea won touches 15-mth high amid govt warning; bonds slide

SEOUL: The South Korean won climbed to a 15-month high against the dollar on Monday and bond prices fell as appetite fo

Published 10 Dec, 2012 08:23am

Financial

Central bank keeps yuan bottled up; dollar demand may revive by year-end

SHANGHAI: The yuan was little changed by midday on Monday as the deadlock in China's onshore foreign exchange market str

Published 10 Dec, 2012 05:38am

Financial

South Korea may further tighten fx derivatives rules as won climbs

SEOUL: South Korea may start checking banks' daily foreign-exchange derivatives positions, finance ministry officials sa

Published 10 Dec, 2012 05:10am

Financial

A$, NZ$ near 1-month highs on euro, China trade data eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near one-month highs against the euro on Monday, as a glo

Published 10 Dec, 2012 04:59am

Financial

Dollar firm in Asia after US jobs data

TOKYO: The dollar firmed in Asian trade Monday on the back of better-than-expected US jobs data, while the yen was mixed

Published 10 Dec, 2012 04:29am

Financial

Euro stays weak after eurozone growth cut

TOKYO: The euro bounced off lows hit in New York but still lacked steam in Asia on Friday as market players continue to

Published 07 Dec, 2012 06:56am

Financial

India rupee hits 1-month high; key ally to support govt on FDI vote

MUMBAI: The Indian rupee strengthened to its highest level in a month on Thursday as investors grew hopeful the governme

Published 06 Dec, 2012 10:12am

Financial

Peso takes breather after rally, won retreats

SINGAPORE: Most emerging Asian currencies sagged on Thursday, with the Philippine peso taking a breather after a recent

Published 06 Dec, 2012 09:29am

Financial

Peso takes breather after rally, won retreats

SINGAPORE: Most emerging Asian currencies sagged on Thursday, with the Philippine peso taking a breather after a recent

Published 06 Dec, 2012 09:29am

Financial

South Korea won falls on importers and banks; bonds rise

SEOUL: The South Korean won fell in domestic trade on Thursday, weighed down by importers' dollar demands and caution ov

Published 06 Dec, 2012 08:25am

Financial

Euro eases in Asian trading

TOKYO: The euro eased slightly in Asia on Thursday as a downgrade of Greek debt and poor eurozone data weighed on sentim

Published 06 Dec, 2012 06:26am

Financial

Euro slips slightly ahead of ECB; jobs data lifts Aussie

TOKYO: euro slipped in Asian trade on Thursday, moving further away from both a seven-week high against the dollar and a

Published 06 Dec, 2012 05:02am

Financial

Euro eases in Asian trading

TOKYO: The euro eased slightly in Asia on Thursday as a downgrade of Greek debt and poor eurozone data weighed on sentim

Published 06 Dec, 2012 04:25am

Financial

Kiwi rallies to 1-mth high, RBNZ flags rising price pressures

SYDNEY/WELLINGTON: The New Zealand dollar hit a one-month high versus its US and Australian counterparts on Thursday aft

Published 05 Dec, 2012 11:29pm

Financial

South Korea won rises on renewed risk appetite, bonds fall

SEOUL; The South Korean won broke free of an early session lull and rose on Wednesday after the local stock market ralli

Published 05 Dec, 2012 10:16am

Financial

Reduced jitters about Greece nudge Asia FX higher

SINGAPORE: Most emerging Asian currencies edged higher on Wednesday, supported by easing worries about Greece and the eu

Published 05 Dec, 2012 10:10am

Financial

Yuan drifts back from upper limit, PBOC seen injecting liquidity

SHANGHAI: The yuan ended almost unchanged against the dollar on Wednesday, drifting away from its daily upper limit in l

Published 05 Dec, 2012 10:07am

Financial

China's tight rein on yuan's gains prolongs market deadlock

SHANGHAI: The yuan firmed marginally on Wednesday morning, as the People's Bank of China allowed an incremental rise in

Published 05 Dec, 2012 05:39am

Financial

A$ shrugs off GDP data; NZD steady

SYDNEY/WELLINGTON: The Australian dollar held near two-month high against the US dollar on Wednesday, shrugging off slig

Published 05 Dec, 2012 04:56am

Financial

Euro buoyant in Asia on Greece bailout

TOKYO: The euro extended its recent gains in Asian trade Wednesday as markets cheered an EU extension on Greece's defici

Published 05 Dec, 2012 04:20am

Financial

China keeps lid on yuan's gains, trade dries up

SHANGHAI: The yuan closed a fraction firmer against the dollar on Tuesday, starting and ending the day at the strongest

Published 04 Dec, 2012 10:30am

Financial

Asian currencies steady to weaker after soft US data

SINGAPORE: Emerging Asian currencies were mostly steady to weaker on Tuesday after soft US manufacturing data highlighte

Published 04 Dec, 2012 10:13am

Financial

Euro mixed in Asia after rally

TOKYO: The euro was mixed in Asian trade on Tuesday after hitting a six-week high in New York as Greece launched its bid

Published 04 Dec, 2012 07:52am

Financial

Dollar, euro slip vs yen; Aussie steady after RBA cuts

TOKYO: The dollar and euro slipped against a resurgent yen on Tuesday after US manufacturing activity hit a three-year l

Published 04 Dec, 2012 07:31am

Financial

Refusal to break deadlock keeps yuan at limit-up

SHANGHAI: China's central bank allowed the yuan to firm a fraction against the dollar on Tuesday, but its refusal to let

Published 04 Dec, 2012 06:36am

Financial

China, South Korea agree to boost yuan, won use in trade

SEOUL: Trade giants China and South Korea have agreed to utilise their currency swap valued at $59 billion to boost the

Published 04 Dec, 2012 05:40am

Financial

A$, NZ$ mark time ahead of RBA, near 6-week lows on euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near six-week lows against a vigorous euro on Tuesday

Published 04 Dec, 2012 05:17am

Financial

Dollar slips vs yen; RBA rate decision awaited

TOKYO: The dollar slipped against the yen on Tuesday after US manufacturing activity hit a three-year low in November, w

Published 04 Dec, 2012 05:11am

Financial

Aussie & kiwi slip vs euro, Aussie braces for RBA

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stumbled to six-week lows versus the euro on Tuesday after Spa

Published 03 Dec, 2012 10:07pm

Financial

Aussie & kiwi slip vs euro, Aussie braces for RBA

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stumbled to six-week lows versus the euro on Tuesday after Spa

Published 03 Dec, 2012 10:07pm

Financial

India rupee snaps three-day rise as importers buy dollars

MUMBAI: The Indian rupee snapped a three-day winning streak on Monday as importers, including oil and gold firms pumped

Published 03 Dec, 2012 11:52am

Financial

Chinese data helps support Asia FX, rupee dips

SINGAPORE: Most emerging Asian currencies held steady or edged higher on Monday, supported by data that showed a pick-up

Published 03 Dec, 2012 09:15am

Financial

Euro hits 6-week high, China PMI survey lifts risk appetite

TOKYO: The euro hit a six-week high against the dollar on Monday as upbeat data on the Chinese economy boosted risk sent

Published 03 Dec, 2012 08:18am

Financial

A$ hit by soft data & rate cut expectations

SYDNEY/WELLINGTON: The Australian dollar took a hit across the board on Monday after soft retail sales data added to exp

Published 03 Dec, 2012 05:07am

Financial

Euro gains in Asia ahead of ECB meeting

TOKYO: The euro rose in Asian trade Monday as markets look to eurozone talks this week and after a long-awaited bailout

Published 03 Dec, 2012 04:26am

Financial

Afghan currency dealer held over Taliban deals

KABUL: An Afghan currency dealer with offices in Iran and Pakistan who is accused of funneling millions of dollars to th

Published 30 Nov, 2012 01:23pm

Financial

Yuan flat as c.bank enforces stability; recent rally may end soon

SHANGHAI: The yuan traded flat on Friday morning after the central bank held its midpoint steady, signaling its commitme

Published 30 Nov, 2012 10:09am

Financial

Yen slips in Asia as markets eye US budget talks

TOKYO: The yen lost more ground in Asian trade Friday, hitting a seven-month low against the euro, while markets eye pro

Published 30 Nov, 2012 06:14am

Financial

Yuan flat as c.bank enforces stability; recent rally may end soon

SHANGHAI: The yuan traded flat on Friday morning after the central bank held its midpoint unchanged, signaling its commi

Published 30 Nov, 2012 04:42am

Financial

JGBs drop, taking cue from stocks, as investors book profits

TOKYO: Japanese government bonds slipped on Friday, with benchmark yields rising off a 9-1/2-year low hit in the previou

Published 30 Nov, 2012 04:42am

Financial

Indian rupee rises most in 2 months on reform hopes

MUMBAI: The Indian rupee rose the most in over two months on Thursday after the government agreed to a vote in parliamen

Published 29 Nov, 2012 12:31pm

Financial

Euro eases but supported by US fiscal hopes

SINGAPORE: The euro eased versus the dollar on Thursday, but its losses were limited after comments from US policymakers

Published 29 Nov, 2012 07:33am

Financial

China's money rates steady as PBOC keeps supply balanced

SHANGHAI: China's money rates held firm on Thursday as the People's Bank of China's (PBOC) slight drain of funds for the

Published 29 Nov, 2012 07:21am

Financial

Benchmark JGB yields plumb fresh 9 1/2-yr lows

TOKYO: Benchmark Japanese government bonds edged higher on Thursday, nudging their yields to a 9-1/2-year low, though th

Published 29 Nov, 2012 07:14am

Financial

Dollar mixed in Asia on 'fiscal cliff' remarks

TOKYO: The dollar was mixed in Asian trade on Thursday as markets look for signs of a deal in solving a US budgetary imp

Published 29 Nov, 2012 06:32am

Financial

A$, ND$ hold near multi-week highs, but mood wary

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near multi-week highs on Thursday as risk sentiment impro

Published 29 Nov, 2012 04:47am

Financial

Dollar mixed in Asia on 'fiscal cliff' remarks

TOKYO: The dollar was mixed in Asian trade on Thursday as markets look for signs of a deal in solving a US budgetary imp

Published 29 Nov, 2012 04:14am

Financial

Weaker central bank fix pulls yuan lower, flouting appreciation pressure

SHANGHAI: China's yuan fell against the dollar on Wednesday after the central bank set a weaker midpoint, but losses wer

Published 28 Nov, 2012 09:37am

Financial

Kenya shilling seen weakening due to imports pressure

NAIROBI: The Kenyan shilling held steady on Wednesday but traders said it was likely to weaken due to importer demand fo

Published 28 Nov, 2012 09:01am

Financial

Yen jumps, euro drops on US fiscal fear, Greece debt doubt

TOKYO: The yen soared and the euro moved away from the previous session's one-month high against the dollar in Asian tra

Published 28 Nov, 2012 07:30am

Financial

Philippine peso near 4-1/2-year high on growth; Asia FX down

SINGAPORE: The Philippine peso hovered around its strongest level in more than 4-1/2 years on Wednesday after stronger g

Published 28 Nov, 2012 07:23am

Financial

South Korea won edges down as gov't smoothing spotted

SEOUL: The South Korean won fell slightly on Wednesday, investors hesitant about taking bets on the currency just a day

Published 28 Nov, 2012 07:00am

Financial

A$, NZ$ mark time, mood cautious

WELLINGTON/SYDNEY: The Australian and New Zealand dollars marked time near multi-week highs against their US counterpart

Published 28 Nov, 2012 04:49am

Financial

Euro moves lower on US fiscal fears, Greece debt doubts

TOKYO: The euro moved away from the previous session's one-month high against the dollar in Asian trading Wednesday as i

Published 28 Nov, 2012 04:49am

Financial

Euro slips after buying on Greek rescue fizzles

TOKYO: The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing

Published 28 Nov, 2012 04:17am

Financial

Yuan closes at record high in narrow, thin trade

SHANGHAI: China's yuan ended at a record high of 6.2223 against the dollar on Tuesday, as corporates struggled to unwind

Published 27 Nov, 2012 10:20am

Financial

South Korea won ends up, shrugs off tighter fx measures; bonds down

SEOUL: The South Korean won strengthened against the dollar in domestic trade on Tuesday even after the government tight

Published 27 Nov, 2012 07:44am

Financial

Euro stronger in Asia as Greece deal clinched

TOKYO: The euro was stronger in Asian trading on Tuesday as investors breathed a sigh of relief on news of a long-awaite

Published 27 Nov, 2012 06:09am

Financial

Yuan hits record high, but central bank again limits rise

SHANGHAI: China's yuan hit a record high on Tuesday, as a domestic selloff of long dollar positions combined with a weak

Published 27 Nov, 2012 04:41am

Financial

Euro gains in Asia as Greece deal clinched

TOKYO: The euro was stronger in Asian trading on Tuesday as investors breathed a sigh of relief on news of a long-awaite

Published 27 Nov, 2012 04:22am

Financial

Yuan closes near record high, central bank faces one-way market

SHANGHAI: China's yuan closed a whisker away from a record high after firming for a sixth straight session on Monday, an

Published 26 Nov, 2012 10:30am

Financial

Hopes of Greece deal give support but gains capped

SINGAPORE: Most emerging Asian currencies advanced on Monday as appetite for risk improved on hopes of an aid deal for G

Published 26 Nov, 2012 10:11am

Financial

South Korea won rises, but intervention worry caps gains; bonds up

SEOUL: The South Korean won edged higher in domestic trade on Monday, benefitting from the euro's gains against the doll

Published 26 Nov, 2012 10:08am

Financial

A$, NZ$ near 3-week highs vs USD, fly on yen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near three-week highs against their US counterpart on Mon

Published 26 Nov, 2012 04:50am

Financial

Kenyan shilling holds steady vs dollar, seen weakening

NAIROBI: The Kenyan shilling held steady against the dollar on Thursday, but traders said the local currency could weake

Published 22 Nov, 2012 09:29am

Financial

South Korea warnings, intervention hits won, cap Asia upside

SINGAPORE: South Korea pushed down the won on Thursday with warnings and official intervention, capping gains among emer

Published 22 Nov, 2012 08:06am

Financial

South Korea won falls on signal of rule change, suspected intervention

SEOUL: The South Korean won ended weaker in domestic trade Thursday, reversing initial gains after the South Korean gove

Published 22 Nov, 2012 07:55am

Financial

Euro hits 6-mth high vs yen, supported by Greece optimism

SINGAPORE/SYDNEY: The euro hit a 6-1/2 month high against the yen on Thursday, supported by revived hopes of a Greek loa

Published 22 Nov, 2012 06:42am

Financial

A$, NZ$ near 8-month peaks vs yen, up vs USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars scaled eight-month peaks against the yen on Thursday on expect

Published 22 Nov, 2012 04:58am

Financial

Euro supported by Greece aid hopes, hits 6-month peak vs yen

SINGAPORE/SYDNEY: The euro hit a 6-1/2 month high against the yen on Thursday, supported by revived hopes of a Greek loa

Published 22 Nov, 2012 04:51am

Financial

Euro gains in Asia on Greece hopes

TOKYO: The euro gained ground in Asia Thursday on optimism a long-sought bailout deal for Greece will be found, while th

Published 22 Nov, 2012 04:20am

Financial

Japan shares close 0.87 percent up

TOKYO: Tokyo stocks closed 0.87 percent up on Wednesday as the yen fell on speculation of further central bank easing af

Published 21 Nov, 2012 07:47am

Financial

A$, NZ$ rally vs yen on BoJ rate speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hit seven-month highs against the yen on Wednesday as expectat

Published 21 Nov, 2012 05:05am

Financial

Euro weakens as eurozone fails to agree Greek deal

HONG KONG: The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed

Published 21 Nov, 2012 04:52am

Financial

China money rates steady, traders say balance struck

SHANGHAI: China's money rates painted a mixed picture on Wednesday as the key 7-day rate fell slightly while one- and 14

Published 21 Nov, 2012 04:44am

Financial

Yen stumbles on poor trade figures, easing hopes

TOKYO: The yen lost more ground in Asia on Wednesday, hitting a seven-month low against the dollar after Japan released

Published 21 Nov, 2012 04:31am

Financial

Won drives Asia FX higher after vice fin min remark

SINGAPORE: The South Korean won hit a 14-month high to the dollar on Tuesday supported by comments the country sees no n

Published 20 Nov, 2012 09:46am

Financial

Yuan closes up after day of flat trade

SHANGHAI: The Chinese central bank allowed the yuan to trade slightly stronger on Tuesday, but it was still not enough f

Published 20 Nov, 2012 09:34am

Financial

Yen gains after BoJ holds off fresh easing

TOKYO: The yen gained ground in late Asian trade Tuesday after the Bank of Japan held off new easing measures, as trader

Published 20 Nov, 2012 08:45am

Financial

China central bank lets yuan strengthen, but not enough for market

SHANGHAI: The Chinese central bank allowed the yuan to trade slightly stronger on Tuesday, but it was still not enough f

Published 20 Nov, 2012 06:58am

Financial

A$, NZ$ pause vs USD, EU meeting eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars took a breather against their US counterpart on Tuesday, while

Published 20 Nov, 2012 06:56am

Financial

Yen under pressure after BoJ holds off fresh easing

TOKYO: The yen was under pressure in Asian trade on Tuesday after the Bank of Japan held off new easing measures with tr

Published 20 Nov, 2012 05:56am

Financial

Euro slips after Moody's cuts France; yen awaits BoJ

SINGAPORE: The euro fell on Tuesday after Moody's stripped France of its prized triple-A rating, while the yen hovered n

Published 20 Nov, 2012 05:08am

Financial

Won leads Asia FX gains on hopes US avoids fiscal cliff

SINGAPORE: The South Korean won led gains among emerging Asian currencies on Monday as hopes for progress in the US budg

Published 19 Nov, 2012 09:31am

Financial

Yen mixed in Asian trade

TOKYO: The dollar's rise against the yen took a breather in Asia Monday amid speculation over further monetary easing by

Published 19 Nov, 2012 07:25am

Financial

China money rate tightens, rebounds from month low

SHANGHAI: China's seven-day money rate rebounded on Monday as traders said the key borrowing rate had come back into bal

Published 19 Nov, 2012 05:46am

Financial

Yen mixed in Asia, easing speculation mounts

TOKYO: The yen was mixed in Asia on Monday as dealers took a breather from a recent sell-off of the unit fuelled by hope

Published 19 Nov, 2012 04:30am

Financial

Central bank guides yuan weaker, Chinese firms return for dollars

SHANGHAI: The yuan closed slightly weaker on Friday, with traders citing a re-emergence of Chinese corporate demand for

Published 16 Nov, 2012 11:46am

Financial

South Korea won at 1 week-low on euro zone, US; bonds up

SEOUL: The South Korean won fell to a one-week low in domestic trade on Friday, weighed by offshore players' dollar-buyi

Published 16 Nov, 2012 08:26am

Financial

Dollar, euro rally fizzles in Asian trade

TOKYO: The dollar and euro's rally against the yen retreated in afternoon Asian trade on Friday, after earlier soaring o

Published 16 Nov, 2012 06:43am

Financial

Yen steadies vs dollar, euro after 2-day plunge

TOKYO: The yen steadied on Friday after plunging to a six-and-a-half month low against the dollar in the previous sessio

Published 16 Nov, 2012 06:33am

Financial

Yuan eases, PBOC sets weaker fixing for second day

SHANGHAI: China's yuan eased marginally against the dollar on Friday morning, making a slow retreat from record highs st

Published 16 Nov, 2012 06:31am

Financial

Dollar, euro rally fizzles in Asian trade

TOKYO: The dollar and euro's rally against the yen retreated in afternoon Asian trade on Friday, after earlier soaring o

Published 16 Nov, 2012 06:23am

Financial

A$, NZ$ halt decline, but mood fragile

SYDNEY/WELLINGTON: The New Zealand and Australian dollars hovered near multi-week lows against greenback on Friday as wa

Published 16 Nov, 2012 04:42am

Financial

Yen weak in Asian trade on Japan easing hopes

TOKYO: The yen fell against the dollar and euro in Asian trade Friday as the man tipped to become prime minister after n

Published 16 Nov, 2012 04:11am

Financial

Dollar rises after Japan easing hopes

TOKYO: The dollar rose against the yen in Asia Thursday after Shinzo Abe, the front runner to be Japan's next prime mini

Published 15 Nov, 2012 06:46am

Financial

China's central bank drags yuan off record high

SHANGHAI: China's central bank forced the yuan to weaken on Thursday, pulling it off a record high struck the previous d

Published 15 Nov, 2012 06:29am

Financial

Euro off 2-month low after Fed, outlook uncertain

TOKYO: The euro hovered above a two-month low on Thursday, having halted a five-day losing streak the previous day on pr

Published 15 Nov, 2012 04:44am

Financial

A$, NZ$ nurse hefty losses vs USD, euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing hefty losses against their US counterpart and eur

Published 15 Nov, 2012 04:40am

Financial

Dollar flat against yen in Asia, Japan polls eyed

TOKYO: The dollar was flat against the yen in Asia Thursday after climbing in New York on hopes Japanese elections next

Published 15 Nov, 2012 04:00am

Financial

Exporters lift won, Taiwan dollar; wary of US, Greece, intervention

SINGAPORE: The South Korean won hit a 14-month high on exporter demand, leading gains among emerging Asian currencies, a

Published 14 Nov, 2012 08:01am

Financial

South Korea won at 14-month high on exporters; bonds lower

SEOUL: The South Korean won firmed to a 14-month high against the dollar on Wednesday, as exporters sold the greenback w

Published 14 Nov, 2012 07:54am

Financial

Yen falls sharply after Japan's Noda hints at election next month

TOKYO: The dollar rose more than 0.5 percent against the yen on Wednesday after Japanese Prime Minister Yoshihiko Noda s

Published 14 Nov, 2012 07:08am

Financial

Euro wobbles near 2-mth low; focus on Greece, economy woes

TOKYO: The euro hovered near a two-month low on Wednesday, hurt by uncertainty over Greece and weak German economic sent

Published 14 Nov, 2012 05:40am

Financial

Euro holds firm on Greek aid hopes

TOKYO: The euro held firm against other currencies in Asia on Wednesday as concerns over emergency aid to debt-ridden Gr

Published 14 Nov, 2012 04:27am

Financial

Yuan hits second straight record high versus dollar

SHANGHAI: China's yuan hit a record high against the dollar for a second straight day on Tuesday, thanks to sustained bu

Published 13 Nov, 2012 09:58am

Financial

Euro weaker in Asian trade on Greece concerns

TOKYO: The euro weakened in Asian trade on Tuesday after eurozone finance ministers delayed until next week a final deci

Published 13 Nov, 2012 04:42am

Financial

Euro steady ahead of EU finance ministers' meeting

TOKYO: The euro held above a two-month low in Asian trading on Monday after Greece's ruling coalition secured enough vot

Published 12 Nov, 2012 09:33am

Financial

Indian rupee falls to 2-month low on trade deficit concerns

MUMBAI: The Indian rupee fell to a two-month low on Monday, touching 55 to the dollar, after data showed the country's t

Published 12 Nov, 2012 09:04am

Financial

Euro up in Asia ahead of finance ministers' meeting

TOKYO: The euro rose against the dollar and yen in Asian trade on Monday as dealers look to a eurozone finance ministers

Published 12 Nov, 2012 08:24am

Financial

Taiwan dollar leads Asia FX gains; won dips after finmin

SINGAPORE: The Taiwan dollar hit a 14-month high on Monday, leading gains among emerging Asian currencies on inflows aft

Published 12 Nov, 2012 07:57am

Financial

China central bank fix gives yuan room to move to record high

SHANGHAI: The yuan hit a record high on Monday as persistent dollar selling by Chinese corporates drove the spot rate to

Published 12 Nov, 2012 07:20am

Financial

A$, NZD lifted by strong yuan

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged higher on Monday, underpinned by a surging yuan, though

Published 12 Nov, 2012 06:37am

Financial

Euro up in Asia ahead of finance ministers' meeting

TOKYO: The euro rose against the dollar and yen in Asian trade on Monday as traders looked to a eurozone finance ministe

Published 12 Nov, 2012 04:27am

Financial

Dollar index to break resistance 81.351 and rise more

SINGAPORE: The dollar index is expected to break a resistance at 81.351 and rise more towards 81.999 in a week. The

Published 12 Nov, 2012 04:25am

Financial

South Korea watching won, but no tightening of rules yet

SEOUL: South Korea said on Saturday it will not yet take steps to counter the rally in the won, which has gained about 6

Published 10 Nov, 2012 07:53am

Financial

Kenya shilling flat vs dollar, govt debt yields offer support

NAIROBI: The Kenyan shilling held steady against the dollar on Friday, with demand from energy importers offset by expor

Published 09 Nov, 2012 08:30am

Financial

Dollar mixed in Asia amid Europe, US fiscal fears

TOKYO: The dollar was mixed in Asia Friday as markets focused on poor growth data out of debt-hit Europe and worries abo

Published 09 Nov, 2012 07:50am

Financial

Yuan firms on sustained market demand despite strong dollar

SHANGHAI: China's central bank set a slightly stronger midpoint for the yuan on Thursday but the marginal move was not e

Published 08 Nov, 2012 09:09am

Financial

US fiscal woes weigh on rupiah, won as investors cut risk

SINGAPORE: The Indonesia rupiah and the South Korean won led a broader fall across emerging Asian currencies on Thursday

Published 08 Nov, 2012 08:53am

Financial

South Korea won down on US fears; dealers suspect FX intervention

SEOUL: The South Korean won fell against the dollar on Thursday as investors, worried about a looming US fiscal crisis,

Published 08 Nov, 2012 08:44am

Financial

Euro weak in Asia ahead of ECB meeting

TOKYO: The euro weakened in Asia Thursday as markets looked to a European Central Bank meeting as the next key trading p

Published 08 Nov, 2012 05:12am

Financial

Yuan closes firmer as dollar sags after US election

SHANGHAI: China's yuan closed stronger near the strong-side limit of its trading range on Wednesday, supported by a doll

Published 07 Nov, 2012 12:20pm

Financial

Won leads gains as Obama's victory may bring more inflows

SINGAPORE: The South Korean won hit a 14-month high on Wednesday, leading gains in emerging Asian currencies, as the re-

Published 07 Nov, 2012 10:04am

Financial

South Korea won at 14-month high after Obama re-election; bonds flat

SEOUL: The South Korean won rose to a 14-month high against the dollar on Wednesday, as news that US President Barack Ob

Published 07 Nov, 2012 10:01am

Financial

Dollar stumbles as US vote promises more gridlock

HONG KONG: The dollar stumbled against major currencies and stock markets were mixed in Asia Wednesday as US elections h

Published 07 Nov, 2012 09:37am

Financial

A$ jumps to 5-week highs on US vote

WELLINGTON/SYDNEY: The Australian dollar scaled fresh five-week highs against the US dollar on Wednesday after TV networ

Published 07 Nov, 2012 06:30am

Financial

Yuan firms slightly, trapped near limit of trading band

SHANGHAI: China's yuan firmed against the dollar on Wednesday following a stronger midpoint by the central bank, but tra

Published 07 Nov, 2012 06:22am

Financial

Dollar weakens on US poll forecasts

TOKYO: The dollar weakened in Asian forex markets Wednesday as US media reports pointed to a victory for President Barac

Published 07 Nov, 2012 04:54am

Financial

Yuan midpoint firms slightly, spot prices glued to edge of band

SHANGHAI: China's central bank set a slightly firmer midpoint on Tuesday but corporates continued to swap out dollars fo

Published 06 Nov, 2012 08:13am

Financial

South Korea won rises slightly on stock market rally, RBA

SEOUL: The South Korean won was pulled slightly higher by the local stock market rally on Tuesday, but remained trapped

Published 06 Nov, 2012 07:50am

Financial

Dollar mixed in Asia ahead of US election

TOKYO: The dollar was mixed in Asian trade Tuesday after hitting a near two-month high against the euro on worries over

Published 06 Nov, 2012 05:16am

Financial

Aussie & NZ dlrs hold steady, investors wary before RBA

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were firm but marking time on Tuesday as investors tensed to s

Published 05 Nov, 2012 11:29pm

Financial

Japan says gets G20 understanding for its yen concerns

MEXICO CITY: Japan said its concerns that a strong yen is hurting exports and growth won tacit support from other Group

Published 05 Nov, 2012 04:36pm

Financial

China central bank sets yuan weaker, but spot prices still reluctant

SHANGHAI: The yuan closed down slightly on Monday but its weakness was largely imposed by the central bank, which fixed

Published 05 Nov, 2012 10:03am

Financial

Dollar index eyes 81.351

SINGAPORE: The dollar index is biased to break a resistance at 80.702, and rise more to 81.351 in a week. The resist

Published 05 Nov, 2012 08:43am

Financial

US election woes weighs on Asia FX; ringgit down on weak palm oil

SINGAPORE: Most emerging Asian currencies slid on Monday as investors cut risky assets before the US presidential and co

Published 05 Nov, 2012 08:07am

Financial

South Korea won edges down, investors await US elections; bonds slip

SEOUL: The South Korean won edged down on Monday, trading in a narrow band as investors cautiously awaited the results o

Published 05 Nov, 2012 07:56am

Financial

China's money rates flat, impact of RRR payment is limited

SHANGHAI: China's money rates were little changed on Monday as banks sent off mandated payments to meet reserve ratios,

Published 05 Nov, 2012 05:47am

Financial

Dollar firm in Asian trade ahead of US election

TOKYO: The dollar was firm in Asian trade Monday ahead of a nail-biter US presidential election and after an upbeat US j

Published 05 Nov, 2012 03:49am

Financial

Banco BPI top FX forecaster for 2nd straight month: POLL

BANGALORE: Banco BPI's spot-on prediction that the euro would rise a bit through October propelled it to the top of the

Published 02 Nov, 2012 12:49pm

Financial

Japanese yen to remain strong, shrug off BOJ policy: POLL

BANGALORE: The flood of cash unleashed by the Bank of Japan to support a slowing economy will not weaken the yen much in

Published 02 Nov, 2012 11:20am

Financial

Won, Taiwan dollar up, but Indonesia loses in mixed trade

SINGAPORE: The South Korean won and the Taiwan dollar edged up on Friday, supported by improving US economic data, but o

Published 02 Nov, 2012 07:41am

Financial

Aussie & NZ dollars leap on yen; RBA seen cutting next week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars scaled multi-month highs against the yen on Friday, on buoyant

Published 02 Nov, 2012 06:28am

Financial

Most China money rates fall as liquidity improves

SHANGHAI: Most Chinese money market rates fell on Friday as liquidity conditions improved following the largest-ever net

Published 02 Nov, 2012 06:23am

Financial

Dollar rises in Asia on Greek woes, Japan outlook

TOKYO: The dollar rose against the euro and yen in Asia on Friday, backed by fresh concerns over Greece and dire outlook

Published 02 Nov, 2012 04:32am

Financial

Yen crawls toward 4 month low vs dollar, euro on hold

TOKYO: The yen dipped on Thursday, edging closer to a four-month low on Japanese importers' selling the currency and as

Published 01 Nov, 2012 07:05am

Financial

Dollar, euro gain in Asian trade after China data

TOKYO: The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted ri

Published 01 Nov, 2012 06:20am

Financial

Dollar, euro gain in Asian trade after China data

TOKYO: The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted ri

Published 01 Nov, 2012 03:49am

Financial

Indian rupee rises on fund flows; down 1.8 pct in October

MUMBAI: The Indian rupee rose on Wednesday, but snapped two successive months of gains to fall in October as the euphori

Published 31 Oct, 2012 12:34pm

Financial

South Korea won at fresh 14-month high; intervention fears persist

SEOUL: The South Korean won was a tad higher on Wednesday to its strongest value against the dollar in nearly 14 months

Published 31 Oct, 2012 08:09am

Financial

Aussie & NZ dollars firm on upbeat housing data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up across the board on Wednesday, buoyed by upbeat housi

Published 31 Oct, 2012 05:15am

Financial

Yen off highs, euro supported after Italy debt sale

SYDNEY/TOKYO: The yen drifted off a one-week high against the dollar on Wednesday thanks to a general improvement in ris

Published 31 Oct, 2012 04:57am

Financial

Dollar weakens in Asian trade

TOKYO: The dollar lost ground in Asian trade Wednesday following the Bank of Japan's latest easing measures and a massiv

Published 31 Oct, 2012 03:55am

Financial

Yuan extends rise on euro strength

SHANGHAI: China's yuan briefly touched on the strong side trading limit in Monday's afternoon session, as traders pointe

Published 30 Oct, 2012 12:31pm

Financial

Dollar eases after BoJ announcement

TOKYO: The dollar eased against the yen in Asian trade on Tuesday following a much-anticipated announcement by the Bank

Published 30 Oct, 2012 10:17am

Financial

Yuan stays at strong-side limit until last minute fall

SHANGHAI: China's yuan hit its strong-side limit with Friday's first trade and firmly hugged the trading band boundary a

Published 26 Oct, 2012 12:41pm

Financial

Dollar's rally against yen eases in Asian trade

TOKYO: The dollar eased against the yen Friday after posting healthy gains on speculation the Bank of Japan will usher i

Published 26 Oct, 2012 08:53am

Financial

South Korea won rises above key level; FX intervention suspected

SEOUL: The South Korean won rose in domestic trade on Thursday, reaching a near one-year high as a heavy supply of dolla

Published 25 Oct, 2012 08:52am

Financial

Inflow hopes lift Asia FX, intervention seen

SINGAPORE: Most emerging Asian currencies rose on Thursday, helped by growing hopes for increased inflows amid signs of

Published 25 Oct, 2012 08:46am

Financial

China's yuan hits record high, tests strong-side band limit

SHANGHAI: China's yuan touched its strongest ever level on Thursday and crept within a whisker of its strong-side limit,

Published 25 Oct, 2012 06:16am

Financial

Dollar hits 4-month high vs yen on BoJ easing expectations

TOKYO: The dollar rose to a four-month high against the yen in Asia on Thursday as expectations grew that the Bank of Ja

Published 25 Oct, 2012 06:10am

Financial

Yen weighed down by BoJ easing hopes; NZ$ rises

SINGAPORE: The dollar edged higher versus the yen on Thursday as the yen stayed under pressure on expectations for more

Published 25 Oct, 2012 06:04am

Financial

Euro gains on hopes for Greece help

TOKYO: The euro rose in Asia on Thursday, boosted by speculation Greece will be given more time to put in place reforms

Published 25 Oct, 2012 04:35am

Financial

HK dollar peg under strain, but seen likely to stay

HONG KONG: Hong Kong's struggle to keep its currency peg to the US dollar is coming under increasing economic and politi

Published 24 Oct, 2012 11:24pm

Financial

Kiwi rallies after new RBNZ governor seen less dovish

SYDNEY/WELLINGTON: The New Zealand dollar jumped on Thursday as investors trimmed speculation of a possible cut in inter

Published 24 Oct, 2012 11:07pm

Financial

South Korea won cuts back losses on China PMI; bonds steady

SEOUL: The South Korean won finished domestic trade nearly flat on Wednesday after economic data from China helped trim

Published 24 Oct, 2012 08:54am

Financial

Corp earnings, Spain woes weigh on Asia FX; China PMI supports

SINGAPORE: Most emerging Asian currencies eased on Wednesday as investors trimmed risky assets after news of weak corpor

Published 24 Oct, 2012 08:54am

Financial

Yuan softens as central bank signals desire for stability

SHANGHAI: China's yuan eased on Wednesday, responding to a slightly weaker central bank midpoint, but still hovered near

Published 24 Oct, 2012 08:35am

Financial

Euro under pressure in Asia on Spain worries

TOKYO: The euro was under pressure in Asia Wednesday as markets fretted over whether debt-ridden Spain would seek a full

Published 24 Oct, 2012 07:09am

Financial

A$ bounces on high inflation, firm China data

SYDNEY/WELLINGTON: The Australian dollar jumped half of a cent against the US dollar and euro on Wednesday as a sharp ri

Published 24 Oct, 2012 05:16am

Financial

Euro under pressure in Asia on Spain worries

TOKYO: The euro was under pressure in Asia Wednesday as markets fretted over whether debt-ridden Spain would seek a full

Published 24 Oct, 2012 04:25am

Financial

Yuan closes firmer amid suspicion of intervention

SHANGHAI: China's yuan closed higher on Tuesday as aggressive buying by a major state bank raised suspicions of central

Published 23 Oct, 2012 09:35am

Financial

Won leads rise on expectations of BoJ easing

SINGAPORE: The South Korean won hit a near one-year high against the dollar on Tuesday and reached its strongest value a

Published 23 Oct, 2012 08:46am

Financial

Yuan firms on state bank buying; central intervention suspected

SHANGHAI: China's currency notched higher on Tuesday morning as traders reported aggressive yuan buying by a major state

Published 23 Oct, 2012 05:58am

Financial

A$ & NZ$ rally vs yen pauses; data eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged back from one-month highs versus the yen on Tuesday as c

Published 23 Oct, 2012 05:44am

Financial

Yen under pressure in Asian trade

TOKYO: The yen was under pressure in Asia on Tuesday as the euro and dollar touched multi-month highs against the Japane

Published 23 Oct, 2012 04:19am

Financial

Yuan ends flat in narrow trade, traders eye euro for clues

SHANGHAI: China's yuan closed flat against the dollar on Monday, with trading confined to a narrow range as the market e

Published 22 Oct, 2012 09:49am

Financial

Currencies mixed on inflow hopes, poor earnings

SINGAPORE: Emerging Asian currencies were mixed on Monday, as some optimism about regional inflows and Spain was counter

Published 22 Oct, 2012 08:14am

Financial

South Korea won snaps 7-day winning streak; bonds down

SEOUL: The South Korean won edged down in domestic trade Monday, snapping a seven-day winning streak as weak US corporat

Published 22 Oct, 2012 07:59am

Financial

Dollar extends gains vs yen, hits 3-month high

SINGAPORE: The dollar hit a three-month high against the yen on Monday, as the yen remained pressured by persistent spec

Published 22 Oct, 2012 07:59am

Financial

Yuan flat after weaker midpoint; market eyes euro trend

SHANGHAI: China's yuan traded flat against the dollar on Monday morning, after a mildly weaker midpoint fixing, with the

Published 22 Oct, 2012 04:13am

Financial

Euro mixed in Asian trade

TOKYO: The euro was mixed in Asian trade on Monday after Spanish Prime Minister Mariano Rajoy's right-leaning party reta

Published 22 Oct, 2012 03:43am

Financial

Profit taking weighs on Asia FX, but set for weekly gains

SINGAPORE: Most emerging Asian currencies eased on Friday as investors took profits after disappointing earnings from US

Published 19 Oct, 2012 09:17am

Financial

Bangladesh forex reserves hit record on remittances, exports

DHAKA: Bangladesh's foreign exchange reserves have hit a record high $12.89 billion, the central bank said on Friday, be

Published 19 Oct, 2012 08:28am

Financial

Euro hovers below 1-month high, yen under pressure

TOKYO: The euro hovered below its one-month high against the dollar on Friday having been left unmoved by the European s

Published 19 Oct, 2012 06:37am

Financial

Aussie & kiwi dollars hold firm vs yen, steady on USD

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hovered near multi-week peaks against a defensive yen on Frida

Published 19 Oct, 2012 05:06am

Financial

Euro hovers below recent peak, yen under pressure

TOKYO: The euro hovered below one-month high against the dollar on Friday, looking for a fresh impetus to retest last's

Published 19 Oct, 2012 04:40am

Financial

China pick-up fails to spur Asia FX gains as intervention seen

SINGAPORE: Most emerging Asian currencies eased on Thursday, even though Chinese data supported a year-end rebound in th

Published 18 Oct, 2012 08:44am

Financial

South Korea won edges up to mark 6-day rally; bonds down

SEOUL: The South Korean won edged up against the dollar on Thursday to hit a fresh one-year high and mark a sixth straig

Published 18 Oct, 2012 08:30am

Financial

Euro mixed after recent rally

TOKYO: The euro was mixed on Thursday in Asia after posting strong gains in New York ahead of a two-day European Union m

Published 18 Oct, 2012 07:04am

Financial

China's key money rate hits 5-week low, ignores large cash drain

SHANGHAI: China's main benchmark money rate fell 19 basis points to a five-week low on Thursday, despite a huge net cash

Published 18 Oct, 2012 04:41am

Financial

Aussie & kiwi dollars stay buoyed, China data seen positive

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hit multi-week highs against a broadly weaker yen on Thursday,

Published 18 Oct, 2012 04:14am

Financial

Yuan sets new closing high vs dollar amid US rhetoric

SHANGHAI: The yuan set a new peak on Wednesday, closing at it highest level since the domestic market was created in 199

Published 17 Oct, 2012 09:16am

Financial

South Korean won gains for 5th day, near 1-year high; bonds fall

SEOUL: The South Korean won firmed on Wednesday for a fifth consecutive day to stand at its strongest level since the en

Published 17 Oct, 2012 08:16am

Financial

Spain rating, US earnings lift Asian FX; intervention seen

SINGAPORE: Emerging Asian currencies led by the Korean won and the Philippine peso hit new highs on Wednesday as concern

Published 17 Oct, 2012 08:10am

Financial

Yuan sets new high vs dollar as US candidates debate China policy

SHANGHAI: The yuan set another record on Wednesday, opening at its highest level since the domestic market was created i

Published 17 Oct, 2012 07:08am

Financial

Aussie dollar hits 2-week highs vs USD, kiwi also firmer

WELLINGTON/SYDNEY: The Australian dollar hit two-week highs against the greenback on Wednesday, while its New Zealand co

Published 17 Oct, 2012 06:00am

Financial

Euro eases in Asia after Spain hopes

TOKYO: The euro eased in Asian afternoon trade on Wednesday after getting a boost from a decision by Moody's not to down

Published 17 Oct, 2012 05:50am

Financial

Euro holds ground in Asia on Spain hopes

TOKYO: The euro held its ground in Asian trade on Wednesday after getting a boost on rising expectations that Spain will

Published 17 Oct, 2012 03:47am

Financial

Shares of India's DLF fall after land deal cancelled

MUMBAI: Shares of India's biggest property developer DLF fell nearly five percent Tuesday after a deal with the son-in-l

Published 16 Oct, 2012 02:13pm

Financial

South Korea won near 1-year high on US earnings, data; bonds slip

SEOUL: The South Korean won held firmly onto gains made early on Tuesday, tracing domestic and US stocks as risk appetit

Published 16 Oct, 2012 08:09am

Financial

Euro firms in Asia on easing Greece worries

TOKYO: The euro strengthened in Asian trade on Tuesday as sentiment on debt-addled Greece improved, while the dollar got

Published 16 Oct, 2012 06:27am

Financial

Yuan gains flatten out, meets resistance

SHANGHAI: The yuan edged up on Tuesday in light trading after three straight days of successive record highs, as traders

Published 16 Oct, 2012 06:22am

Financial

China's money rates hover near recent lows on good liquidity

SHANGHAI: China's money rates were little changed on Tuesday, remaining near recent lows thanks to good liquidity condit

Published 16 Oct, 2012 05:11am

Financial

NZD tempered by tame inflation, A$ unruffled by RBA

WELLINGTON/SYDNEY: The New Zealand dollar slipped on Tuesday and underperformed its Australian peer after a surprisingly

Published 16 Oct, 2012 04:56am

Financial

Dollar hits 1-week high vs yen, seen testing key levels

TOKYO: The dollar hovered near a one-week high against the yen on Tuesday, and looked set to tackle key resistance level

Published 16 Oct, 2012 04:20am

Financial

Euro firms in Asia on easing Greece worries

TOKYO: The euro strengthened in Asian trade on Tuesday as sentiment on debt-addled Greece improved, while the dollar got

Published 16 Oct, 2012 03:37am

Financial

Euro weakens in Asia, eyes on EU summit

TOKYO: The euro weakened in Asia on Monday as moved out of the common currency ahead of a European summit later in the w

Published 15 Oct, 2012 05:11am

Financial

Euro weakens in Asia

TOKYO: The euro weakened in Asia Monday as markets took a risk-averse stance on the common currency ahead of a European

Published 15 Oct, 2012 04:27am

Financial

Yuan hits record closing high for 2nd day, but weekly gain small

SHANGHAI: The yuan crept to a new closing high against the dollar on Friday for a second day after a stronger fixing of

Published 12 Oct, 2012 09:56am

Financial

China money rates stay low; strong yuan could aid liquidity

SHANGHAI: China's money market rates were little changed on Friday, as conditions remained loose following a large injec

Published 12 Oct, 2012 06:01am

Financial

Yuan hits record high for 2nd day, but weekly gain moderate

SHANGHAI: The yuan firmed against the dollar on Friday, hitting an intraday record high for the second straight day, but

Published 12 Oct, 2012 05:50am

Financial

Aussie & NZ dollars find support, China data looms

WELLINGTON/SYDNEY: The Australian and New Zealand dollars inched higher on Friday after Singapore's central bank surpris

Published 12 Oct, 2012 05:43am

Financial

Dollar rises against yen in Asia

TOKYO: The dollar rose against the yen in Asian trade on Friday, lifted by news that Japanese mobile carrier Softbank is

Published 12 Oct, 2012 03:43am

Financial

Yuan closes at record high as central bank tolerates rise

SHANGHAI: The yuan closed at a record high against the dollar on Thursday as the People's Bank of China (PBOC) set its y

Published 11 Oct, 2012 10:20am

Financial

Singapore dollar up before policy meeting, Asian FX pares losses

SINGAPORE: The Singapore dollar rose slightly on Thursday, ahead of expected central bank moves to possibly slow the pac

Published 11 Oct, 2012 08:43am

Financial

Yuan hits record high as PBOC signals tolerance of appreciation

SHANGHAI: The yuan strengthened against the dollar on Thursday, briefly hitting an intraday record high after the People

Published 11 Oct, 2012 05:42am

Financial

Euro slips in Asia after S&P cuts Spain rating

TOKYO: The euro weakened in Asia on Thursday after Standard & Poor's cut Spain's sovereign debt rating, while traders al

Published 11 Oct, 2012 05:28am

Financial

South Korea won edges down ahead of rate meeting; bonds up

SEOUL: The South Korean won slipped early on Thursday but movements were subdued as investors await a monetary policy ra

Published 11 Oct, 2012 04:47am

Financial

Aussie gets lift from job data, kiwi softer

WELLINGTON/SYDNEY: The Australian dollar gained on the greenback on Thursday as a strong employment gain was matched by

Published 11 Oct, 2012 04:39am

Financial

Euro slips in Asia after S&P cuts Spain rating

TOKYO: The euro weakened in Asia on Thursday after Standard & Poor's cut Spain's sovereign debt rating, while traders al

Published 11 Oct, 2012 03:41am

Financial

Yuan ends up, Chinese firms sell dollars after post-holiday influx

SHANGHAI: The yuan closed higher on Wednesday as corporates sold dollars, which had flooded in since China's onshore mar

Published 10 Oct, 2012 09:13am

Financial

Currencies fall on risk aversion; peso hit by export data

SINGAPORE: Emerging Asian currencies fell on Wednesday as investors cut exposure to risky assets across the region follo

Published 10 Oct, 2012 08:43am

Financial

Aussie & NZ dollar bounce on euro, bonds in demand

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced on the euro on Wednesday and held off lows against the

Published 10 Oct, 2012 06:33am

Financial

Yuan steady, Chinese firms sell dollars after post

SHANGHAI: The yuan held steady on Wednesday as corporates sold dollars, which had flooded in since China's onshore marke

Published 10 Oct, 2012 05:38am

Financial

South Korea August money supply growth ticks up from July

SEOUL: Annual growth in South Korea's broadest measure of money supply ticked up in August from a 3-month low set in Jul

Published 10 Oct, 2012 04:32am

Financial

Euro weaker in Asia amid economic gloom

TOKYO: The euro weakened in Asia on Wednesday as traders sold the unit over fears about the eurozone's fiscal woes and a

Published 10 Oct, 2012 03:41am

Financial

Short-covering supports Asia FX; exporters help won, Taiwan dollar

SINGAPORE: Most emerging Asian currencies rose on Tuesday bolstered by short-covering, with the won up despite South Kor

Published 09 Oct, 2012 07:43am

Financial

South Korea won up in line with euro; bonds flat ahead of central bank meet

SEOUL: The South Korean won edged up in domestic trade Tuesday in thin trade, tracking the euro's modest rise as investo

Published 09 Oct, 2012 07:10am

Financial

Yuan unexpectedly strong vs dollar, sign of healthy FX inflows

SHANGHAI: The yuan held steady against the dollar on Tuesday, resisting a much anticipated correction after hitting reco

Published 09 Oct, 2012 05:54am

Financial

Japan, South Korea to downsize currency swap

TOKYO: Japan will slash the scope of its currency swap deal with South Korea, the Finance Ministry said Tuesday, but dis

Published 09 Oct, 2012 05:51am

Financial

Aussie & NZ dollars bounce off multi-month lows

WELLINGTON/SYDNEY: The Australian and New Zealand dollars recovered a bit of ground on Tuesday, helped by profit-taking

Published 09 Oct, 2012 05:30am

Financial

South Korea, Japan to end expanded currency swap deal

SEOUL: South Korea and Japan have agreed to let their expanded currency swap arrangements introduced a year ago expire a

Published 09 Oct, 2012 04:31am

Financial

Euro strengthens in Asian trade

TOKYO: The euro strengthened in morning Asian trade on Tuesday after worries about Greece and Spain dragged the embattle

Published 09 Oct, 2012 03:46am

Financial

India to sell 130bn rupees of bonds on Oct 12

MUMBAI: India will sell 130 billion rupees of bonds on Oct. 12, the Reserve Bank of India said in a statement on Monday.

Published 08 Oct, 2012 03:40pm

Financial

South Korea won edges down on stocks' decline; bonds down

SEOUL: The South Korean won edged down in domestic trade Monday, weighed by lacklustre performance from the local stock

Published 08 Oct, 2012 07:00am

Financial

China money rates rise sharply as reserve requirements bite

SHANGHAI: Chinese money rates rebounded sharply on Monday as scheduled reserve requirement payments pressured bank liqui

Published 08 Oct, 2012 05:57am

Financial

Aussie & kiwi dollars near multi-week lows, fragile mood

WELLINGTON/SYDNEY: The Australian and New Zealand dollars traded with a heavy tone near multi-week lows on Monday and lo

Published 08 Oct, 2012 05:27am

Financial

Dollar dips vs yen, pulls back from 2-week high

SINGAPORE: The dollar dipped versus the yen on Monday, backing off of a two-week high hit late last week after a surpris

Published 08 Oct, 2012 04:52am

Financial

Yuan slips after long holiday, off record high

SHANGHAI: The yuan weakened slightly against the dollar on Monday as firms demanded less cash after the long holiday, th

Published 08 Oct, 2012 04:02am

Financial

US dollar gains against euro on US jobs data

SINGAPORE: The dollar strengthened against the euro in Asia Monday on better-than-expected US employment data while Spai

Published 08 Oct, 2012 03:37am

Financial

South Korea won't weaken won to spur exports: officials

SEOUL: South Korea believes the won will be in an "extraordinarily" balanced state for a considerable period and is dete

Published 08 Oct, 2012 01:25am

Financial

Aussie dollar slips to 3-month low, sentiment bearish

WELLINGTON/SYDNEY: The Australian and New Zealand dollars started weaker early on Monday, with caution in Wall Street of

Published 08 Oct, 2012 01:09am

Financial

South Korea won't weaken won to spur exports

SEOUL: South Korea believes the won will be in an "extraordinarily" balanced state for a considerable period and is dete

Published 07 Oct, 2012 05:02am

Financial

Iran money changers recoil at new currency cap

TEHRAN: Money changers in central Tehran were open on Saturday but refusing to sell dollars at a fixed rate in defiance

Published 06 Oct, 2012 01:09pm

Financial

India rupee gains for fifth week; govt raises reforms ante

MUMBAI: The Indian rupee fell on Friday following large outflows from a private equity firm's stake sale, climbing down

Published 05 Oct, 2012 11:23am

Financial

ECB assurances lift Asia FX; rupee leads weekly gains

SINGAPORE: Emerging Asian currencies rose on Friday and most were set to see weekly gains after the European Central ban

Published 05 Oct, 2012 07:18am

Financial

Yen edges up after BoJ leaves rate unchanged

TOKYO: The yen edged up against major currencies on Friday after the Bank of Japan kept interest rates unchanged and hel

Published 05 Oct, 2012 06:31am

Financial

Euro steady near 2-week high, yen firms on BoJ

SINGAPORE: The euro eased but still held near a two-week high versus the dollar on Friday, finding support after the Eur

Published 05 Oct, 2012 05:07am

Financial

Aussie & NZ dollars bob up, BoJ eyed

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars bobbed up on Friday, as risk aversion eased after the European Cen

Published 05 Oct, 2012 04:39am

Financial

India rupee at near 6-month high; reform moves boost

MUMBAI: The Indian rupee rose to a near six-month high in opening trade on Friday after the government took more reform

Published 05 Oct, 2012 04:08am

Financial

Aussie and NZ dollars supported off lows, eyes on US jobs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were supported above recent lows on Friday helped by firmer eq

Published 04 Oct, 2012 10:45pm

Financial

Short-covering supports Asia FX before ECB, BoJ; US data eyed

SINGAPORE: Emerging Asian currencies edged up on Thursday as a rebound in the Australian dollar spurred short-covering,

Published 04 Oct, 2012 07:59am

Financial

South Korea won slips amid global growth worries; bonds up

SEOUL: The South Korean won edged lower in domestic trade on Thursday, weighed down by continuing fears about the global

Published 04 Oct, 2012 07:51am

Financial

A$ hurt by soft retail sales, NZ$ edges up

WELLINGTON/SYDNEY: The Australian dollar fell across the board on Thursday and hovered around one-month lows against the

Published 04 Oct, 2012 05:12am

Financial

Yen near 2-week low ahead of BOJ, euro eyes ECB

SYDNEY/TOKYO: The yen struggled at two-week lows against the dollar on Thursday, with wary speculators taking a pre-empt

Published 04 Oct, 2012 05:03am

Financial

Indian rupee hits 5-1/2 month high; more govt reforms seen

MUMBAI: The Indian rupee rose to a five-and-half month high on Thursday, breaching 52 to the dollar, on the back of gain

Published 04 Oct, 2012 04:56am

Financial

Dollar stable on hopes for easing in Japan

TOKYO: The dollar stayed within a narrow range in Asian trade Thursday as lingering hopes for further monetary easing we

Published 04 Oct, 2012 04:21am

Financial

Australian and NZ dollars fade as data hurts

WELLINGTON/SYDNEY: The Australian dollar was hemmed in around a one-month low on Thursday as weak data at home and stron

Published 03 Oct, 2012 11:37pm

Financial

India rupee hits 5-mth high as foreign inflows rally continues

MUMBAI: The Indian rupee gained for a fourth consecutive session on Wednesday to touch a new five-month high as companie

Published 03 Oct, 2012 11:40am

Financial

Policy easing views weigh on Asia FX amid growth, Spain woes

SINGAPORE: Most emerging Asian currencies eased on Wednesday as sustained uncertainty over Spain's bailout and a slowing

Published 03 Oct, 2012 07:13am

Financial

Euro waits for Spain's move; Aussie hit by trade data

SYDNEY/TOKYO: The euro steadied on Wednesday as traders tried to gauge how close Spain is to asking for European financi

Published 03 Oct, 2012 05:06am

Financial

Dollar firms on uncertainty over Spain bailout timing

TOKYO: The dollar firmed and most riskier assets edged lower on Wednesday as uncertainty over the timing of Spain's requ

Published 03 Oct, 2012 04:39am

Financial

Aussie dollar feels the heat, bonds on fire

WELLINGTON/SYDNEY: The Australian dollar extended losses against the US dollar on Wednesday and hovered near multi-week

Published 03 Oct, 2012 04:09am

Financial

Yen mixed amid Japan easing speculation

TOKYO: The yen was mixed against the dollar and euro in Asian trade Wednesday as investors speculated over possible mone

Published 03 Oct, 2012 03:42am

Financial

Dollar, euro rangebound in Asian trade

TOKYO: The dollar and the euro stayed within a tight range Tuesday key meetings in Europe and Japan, while the Australia

Published 02 Oct, 2012 02:42pm

Financial

Chinese yuan strength may soon wane

LONDON: The Chinese yuan may struggle to maintain the pace of its appreciation against the US dollar and could even give

Published 02 Oct, 2012 10:02am

Financial

South Korea won falls, bonds rally on hopes of rate cut

SEOUL: The South Korean won slipped on Tuesday as emerging Asian currencies came under pressure after an unexpected rate

Published 02 Oct, 2012 08:08am

Financial

US factory data supports Asia FX; growth woes linger

SINGAPORE: Most emerging Asian currencies rose on Tuesday as a surprising expansion in US factory activity spurred inves

Published 02 Oct, 2012 07:12am

Financial

Dollar, euro rangebound in Asian trade

TOKYO: The dollar and the euro stayed within a tight range Tuesday key meetings in Europe and Japan, while the Australia

Published 02 Oct, 2012 05:41am

Financial

Euro edges higher, but outlook clouded by Spain

SINGAPORE/SYDNEY: The euro edged higher and held above a three-week low against the dollar on Tuesday, but its outlook w

Published 02 Oct, 2012 04:03am

Financial

Dollar, euro rangebound ahead of eurozone events

TOKYO: The dollar and the euro stayed within a tight range Tuesday, as investors waited for further developments in effo

Published 02 Oct, 2012 03:42am

Financial

Iran currency plunges 17pc in one day: website

TEHRAN: Iran's currency plummeted around 17 percent in trading on Monday, according to media and an online exchange webs

Published 01 Oct, 2012 02:00pm

Financial

Iran currency crashes 9pc to record low

TEHRAN: Iran's currency, the Rial, plunged nine percent against the dollar at the opening of trade on Monday, to a recor

Published 01 Oct, 2012 08:33am

Financial

Euro slips to three-week low as Spain fears persist

TOKYO: The euro fell to a three-week low on Monday after an audit of Spain's banks failed to quell concerns about the co

Published 01 Oct, 2012 06:24am

Financial

Aussie & kiwi dollars on the defensive, China PMI no help

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on the defensive on Monday, as concerns over global growt

Published 01 Oct, 2012 04:27am

Financial

Euro falls in Asia on Spain worries

TOKYO: The euro fell against other currencies in Asia on Monday as investors shunned risk amid worries over Spain's debt

Published 01 Oct, 2012 03:43am

Financial

Iranian rial dives 4pc to new record low

TEHRAN: Iran's currency, the rial, dived four percent to a new low of around 28,000 to the dollar in open trading on Sat

Published 29 Sep, 2012 12:57pm

Financial

Yuan up vs dollar, heads for biggest monthly appreciation in 2012

SHANGHAI: The yuan rose against the dollar on Friday, heading for its biggest monthly gain this year in response to glob

Published 28 Sep, 2012 06:32am

Financial

Euro firms against dollar, yen in Asia

TOKYO: The euro rose against the dollar and yen in Asia on Friday, extending gains in New York following Spain's announc

Published 28 Sep, 2012 06:09am

Financial

China money market loosens up ahead of long holiday

SHANGHAI: Chinese money rates fell sharply on Friday after the central bank injected a record weekly net 365 billion yua

Published 28 Sep, 2012 04:53am

Financial

Aussie & kiwi dollars edge up, set to end Sept higher

SYDNEY/WELLINGTON: The Aussie and New Zealand dollars were on track on Friday to post healthy gains this month, displayi

Published 28 Sep, 2012 04:33am

Financial

Euro bounces back from 2-week low after Spain budget

SYDNEY/TOKYO: The euro held firm above a two-week low on Friday after Spain unveiled a crisis budget that many saw as a

Published 28 Sep, 2012 04:16am

Financial

Yuan closes down slightly, remains near 5-month high

SHANGHAI: Spot yuan prices softened slightly on Thursday but still near a five-month high against the dollar, despite th

Published 27 Sep, 2012 09:41am

Financial

Short-covering, exporters support Asia FX; outlook dim

SINGAPORE: Most emerging Asian currencies rose on Thursday as investors covered short positions, viewing recent slides a

Published 27 Sep, 2012 08:06am

Financial

Yuan eases off 5-month highs, midpoint set weaker for third day

SHANGHAI: The central bank set the dollar/yuan midpoint weaker for the third day in a row on Thursday, with spot yuan al

Published 27 Sep, 2012 06:07am

Financial

Euro remains pressured by Spain, Greece worries

TOKYO: The euro was mixed in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity prot

Published 27 Sep, 2012 06:01am

Financial

Aussie & kiwi dollars bounce, bonds extend gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced from lows against the US dollar on Thursday, even as b

Published 27 Sep, 2012 04:02am

Financial

Euro remains weak amid Spanish worries

TOKYO: The euro remained weak in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity

Published 27 Sep, 2012 03:38am

Financial

India 10-yr bond ends steady at 8.17pc

MUMBAI: Indian federal bond yields ended flat on Wednesday with investors on the sidelines a day ahead of the announceme

Published 26 Sep, 2012 12:26pm

Financial

Spain, growth worries hit Asia FX; Singapore dollar down as output falls

SINGAPORE: Most emerging Asian currencies slid on Wednesday as investors cut exposure to riskier assets on increasing wo

Published 26 Sep, 2012 07:24am

Financial

Euro hits 2-week low, hurt by worries over Spain

SINGAPORE/TOKYO: The euro fell to a two-week low a gainst the dollar on Wednesday, dragged down by mounting worries ab o

Published 26 Sep, 2012 06:18am

Financial

Euro bearish in Asia as investors watch Spain

TOKYO: The euro remained weak in Asia on Wednesday following a European Central Bank official's warning it would not res

Published 26 Sep, 2012 04:42am

Financial

Aussie & kiwi dollars pressured, bonds jump

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were pressured on Wednesday, as investors refocused on nagging

Published 26 Sep, 2012 04:26am

Financial

Indian bonds yields rise; H2 borrowing plan awaited

MUMBAI: Indian federal bond yields rose on Tuesday as investors trimmed positions ahead of the government's announcement

Published 25 Sep, 2012 11:38am

Financial

Yuan closes higher, tracking euro gains; range of 6.30-6.33 seen

SHANGHAI: The yuan firmed against the dollar on Tuesday as buying of the greenback by Chinese oil companies petered out,

Published 25 Sep, 2012 09:59am

Financial

Taiwan dollar, won lead slight Asia FX gains on exporters

SINGAPORE: Most emerging Asian currencies rose slightly on Tuesday with the South Korean won and the Taiwan dollar gaini

Published 25 Sep, 2012 07:06am

Financial

Euro falls to one-week low after brief respite

TOKYO: The euro fell to a one-week low against the dollar on Tuesday after a short-lived respite in early Asia trade as

Published 25 Sep, 2012 06:47am

Financial

Yuan tracks euro higher; range trade of 6.30-6.33 seen

SHANGHAI: The yuan firmed against the dollar on Tuesday as buying of the greenback by Chinese oil companies petered out,

Published 25 Sep, 2012 05:30am

Financial

Euro weak on persistent debt woe

TOKYO: The euro was held below $1.30 in Asian on Tuesday after falling in New York on persistent concerns over Europe's

Published 25 Sep, 2012 03:39am

Financial

Indian rupee ends flat; off 4-mth highs on oil demand

MUMBAI: The Indian rupee retreated from four-month highs hit earlier on Monday to end flat because of sustained dollar d

Published 24 Sep, 2012 01:13pm

Financial

India 10-yr bond yield ends flat; rate cut hopes rise

MUMBAI: India's benchmark 10-year bond yield ended flat on Monday after earlier falling to its lowest since early August

Published 24 Sep, 2012 12:47pm

Financial

Yuan closes lower on afternoon dollar rally

SHANGHAI: The yuan closed lower on Monday, pressured by a rally in the US dollar which erased the Chinese currency's gai

Published 24 Sep, 2012 10:19am

Financial

South Korea won edges down on Spain uncertainty; bonds up

SEOUL: The South Korean won edged lower in domestic trade on Monday, giving up some of its gains from Friday amid renewe

Published 24 Sep, 2012 07:20am

Financial

A$ & NZ$ retreat; odds narrow on rate cut

WELLINGTON/SYDNEY: The Australian and New Zealand dollars fell prey to profit-taking in choppy markets on Monday, as rec

Published 24 Sep, 2012 07:18am

Financial

Euro slip as rally runs out of gas, Spain in focus

TOKYO: The euro tested last week's low against the dollar on Monday, while the growth-linked Aussie slid as its rally sp

Published 24 Sep, 2012 06:45am

Financial

Euro, A$ slide as rally succumbs to profit-taking

TOKYO: The euro tested last week's low against the dollar on Monday, while the growth-linked Aussie and kiwi slid on pro

Published 24 Sep, 2012 05:16am

Financial

Yuan ticks up on strong corporate demand, tight domestic money

SHANGHAI: The yuan advanced on Friday morning, buoyed by strong corporate demand and tight money market conditions, with

Published 24 Sep, 2012 05:16am

Financial

A$ & NZ$ skid vs USD, yen on weak Asian stocks

WELLINGTON/SYDNEY: The Australian and New Zealand dollars fell sharply against the US dollar and yen on Monday, as weak

Published 24 Sep, 2012 05:09am

Financial

Euro falls against dollar, yen in Asia

TOKYO: The euro fell against the dollar and yen in Asia on Monday as risk appetite was dampened by uncertainty over the

Published 24 Sep, 2012 04:26am

Financial

Indian rupee hit by worries of rollback on reforms

MUMBAI: The Indian rupee fell to its lowest in nearly a week on Thursday as a key ally of the country's ruling coalition

Published 20 Sep, 2012 02:18pm

Financial

Yuan ends at 5-mth high as state banks dump dollar

SHANGHAI: The Chinese yuan closed at at five month high on Thursday, having been even stronger during the day when dolla

Published 20 Sep, 2012 09:48am

Financial

Won leads slide on China data, central bank caution; reform woes hit rupee

SINGAPORE: Most emerging Asian currencies fell on Thursday, as support from the Bank of Japan's policy stimulus waned wh

Published 20 Sep, 2012 08:33am

Financial

South Korea won down, bonds up on weak China data

SEOUL: The South Korean won ended down in domestic trade Thursday, in line with the decline of local stocks as weak manu

Published 20 Sep, 2012 07:56am

Financial

Seoul shares slip on China manufacturing data

SEOUL: South Korean shares slipped on Thursday after lacklustre manufacturing data from China weighed on a session devoi

Published 20 Sep, 2012 07:50am

Financial

Yen rebounds after sell-off, A$ dollar falls

SINGAPORE/SYDNEY: The yen pushed higher against the dollar on Thursday, staying on a firm footing after staging a surpri

Published 20 Sep, 2012 06:32am

Financial

Yen strong as excitement over BoJ easing fades

TOKYO: The yen remained strong against the dollar and euro in Asia on Thursday as the effect of the Bank of Japan's mone

Published 20 Sep, 2012 06:15am

Financial

Yuan bolts to seven-month high as state banks dump dollars

SHANGHAI: The Chinese yuan muscled to a seven-month high on Thursday, punching through the key 6.30 support level on str

Published 20 Sep, 2012 04:45am

Financial

Yen rebounds after sell-off, Aussie dollar retreats

SINGAPORE/SYDNEY: The yen edged higher against the dollar on Thursday, staying on firm footing after staging a surprise

Published 20 Sep, 2012 04:43am

Financial

Indian rupee falls after key ally pulls out from government

MUMBAI: The Indian rupee fell to its lowest in nearly a week in early trades on Thursday as a key ally of the Congress-l

Published 20 Sep, 2012 04:37am

Financial

NZ dollar on fire after hot GDP, AUD lags for China data

WELLINGTON/SYDNEY: The New Zealand dollar rose across the board on Thursday after the nation's economy grew a faster-tha

Published 20 Sep, 2012 04:20am

Financial

Yuan closes at 4-month high, but further upside limited

SHANGHAI: The Chinese yuan strode to a fresh four-month high on Wednesday, shrugging off a weaker central bank midpoint

Published 19 Sep, 2012 10:14am

Financial

South Korea won hits 10-month high on BOJ easing; bonds fall

SEOUL: The South Korean won climbed to its highest onshore close in 10 months, buoyed by the Bank of Japan's expansion

Published 19 Sep, 2012 08:23am

Financial

BoJ gives another boost; won, Sing dollar at 4-1/2-mth high vs yen

SINGAPORE; Most emerging Asian currencies rose on Wednesday as Japan's central bank joined other major policymakers in l

Published 19 Sep, 2012 08:23am

Financial

Aussie & NZ dollars under pressure, BoJ awaited

WELLINGTON/SYDNEY: The Australian and New Zealand dollars took another step down from multi-month highs against the US d

Published 19 Sep, 2012 05:59am

Financial

Yen falls to 1-month low after BoJ steps up asset buying

TOKYO: The yen fell to one-month low on Wednesday after the Bank of Japan eased policy further, stepping up its asset pu

Published 19 Sep, 2012 05:11am

Financial

Ringgit, rupiah lead Asia FX slide; but inflows

SINGAPORE: Most emerging Asian currencies eased on Tuesday as investors booked profits from their recent rally after the

Published 18 Sep, 2012 08:21am

Financial

South Korea won snaps two-day winning streak; bonds up

SEOUL: The South Korean won edged lower in domestic trade on Tuesday, snapping a two-day winning streak amid dollar barg

Published 18 Sep, 2012 07:21am

Financial

Dollar takes breather ahead of BoJ policy decision

TOKYO: The dollar fell on profit-taking against the yen in Asia Tuesday after posting recent gains on expectations the J

Published 18 Sep, 2012 06:19am

Financial

Yuan dips on dollar rebound; global dollar driving yuan trend

SHANGHAI: China's yuan drooped on Tuesday, pressured by a rise in the dollar globally, as traders say the greenback's fo

Published 18 Sep, 2012 05:20am

Financial

Yen under pressure ahead of BoJ, euro near 4-month high

TOKYO: The yen was under pressure on Tuesday on speculation that the Bank of Japan might loosen policy while increased r

Published 18 Sep, 2012 04:33am

Financial

Aussie & kiwi dollars off highs; RBA ready to ease if needed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were off six month highs on Tuesday, on a wave of profit-takin

Published 18 Sep, 2012 04:14am

Financial

Dollar takes breather ahead of BoJ policy decision

TOKYO: The dollar fell on profit-taking against the yen in Asia Tuesday after posting recent gains on expectations the J

Published 18 Sep, 2012 03:37am

Financial

Indian bonds end flat on RBI rate disappointment

MUMBAI: Indian bonds ended flat on Monday, wiping out earlier gains after the central bank kept interest rates on hold a

Published 17 Sep, 2012 01:02pm

Financial

Indian shares hit 14-month closing high after big bang reforms

MUMBAI: India's main BSE index rose for a ninth consecutive session to its highest close since July 2011, as retailers s

Published 17 Sep, 2012 01:02pm

Financial

Dollar index to find support at 78.398

SINGAPORE: The dollar index will find support at 78.398 in a week, and rebound towards 79.744. The current sharp fall f

Published 17 Sep, 2012 08:06am

Financial

QE3 pumps flows into Asia; India reforms power rupee

SINGAPORE: Most emerging Asian currencies extended gains on Monday, enjoying capital inflows to the region after the Fed

Published 17 Sep, 2012 07:48am

Financial

South Korea won ends at 6-month high on stock inflows; bonds down

SEOUL: The South Korean won edged higher in domestic trade to close at a 6-month high on Monday, lifted by steady foreig

Published 17 Sep, 2012 07:43am

Financial

Aussie & kiwi dlrs pause near 6-month highs, RBA minutes eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held not far from six-month highs against the US dollar on Mon

Published 17 Sep, 2012 06:15am

Financial

Yuan near 4-month high as Fed action pressures dollar

SHANGHAI: China's currency was little changed on Monday morning, as the market has largely digested the impact of the US

Published 17 Sep, 2012 04:40am

Financial

Indian rupee at 4-month high on reforms, market awaits RBI decision

MUMBAI: The Indian rupee rose to a four-month high in early trade on Monday with hopes of major foreign inflows after th

Published 17 Sep, 2012 03:56am

Financial

Dollar at four-month low against euro in Asia

SINGAPORE: The dollar fell to a four-month low against the euro in Asia Monday as the Federal Reserve's open-ended stimu

Published 17 Sep, 2012 03:35am

Financial

Yuan hit 4-month high vs dollar as QE3 puts brake on depreciation

SHANGHAI: Spot yuan rose versus the dollar on Friday, hitting its highest intraday level in nearly four months after the

Published 14 Sep, 2012 06:38am

Financial

India rupee rallies to 2-1/2 month highs; focus now on inflation

MUMBAI: The Indian rupee rose to its strongest level in two-and-a-half months on Friday after the government raised dies

Published 14 Sep, 2012 04:50am

Financial

Dollar mixed in Asia after Fed easing

TOKYO: The dollar slid further against the euro in Asian trade Friday after the US Federal Reserve announced further mon

Published 14 Sep, 2012 04:34am

Financial

Japan warns of FX action as Fed move spurs yen, BoJ under pressure

TOKYO: Japanese policymakers threatened on Friday to intervene in the currency market and piled fresh pressure on the ce

Published 14 Sep, 2012 04:14am

Financial

Fed easing saps dollar, euro hits 4-month high

SINGAPORE: The dollar hit a four-month low against a basket of major currencies on Friday, extending its losses after th

Published 14 Sep, 2012 04:10am

Financial

NZ & Aussie dollars scale new heights as Fed goes all out

SYDNEY/WELLINGTON: The New Zealand dollar leapt to a 6-1/2-month high and the Aussie to a one-month peak as an aggressiv

Published 14 Sep, 2012 04:06am

Financial

Vietnam's FX reserves rise to $22-$23bn

HANOI: Vietnam's foreign exchange reserves have jumped to an estimated $22 billion to $23 billion, thanks to a shrinking

Published 14 Sep, 2012 03:48am

Financial

S.Korea won shoots to 5-mth high on Fed stimulus; bonds down

SEOUL: The South Korean won leapt to a 5-month high against the dollar in early Friday trade, and was set to mark a seco

Published 14 Sep, 2012 01:10am

Financial

Spot yuan sets highest open since May, but weakens

SHANGHAI: The central bank set the yuan's midpoint slightly higher against the dollar on Thursday, but the spot market o

Published 13 Sep, 2012 08:58am

Financial

Profit-taking weighs ahead of Fed; won dips despite rate surprise

SINGAPORE: Most emerging Asian currencies eased on Thursday as investors booked profits before a US Federal Reserve poli

Published 13 Sep, 2012 08:49am

Financial

Yuan sets highest open since May, but weakens

SHANGHAI: The central bank set the yuan's midpoint slightly higher against the dollar on Thursday, but the spot market o

Published 13 Sep, 2012 06:09am

Financial

Dollar hits 7-month low vs yen before Fed decision

SINGAPORE: The dollar hit a seven-month low versus the yen on Thursday, pressured by ongoing market expectations for the

Published 13 Sep, 2012 05:34am

Financial

Dollar weakens in Asia ahead of Fed announcement

TOKYO: The dollar edged down in Asia on Thursday as dealers await the outcome of a US Federal Reserve policy meeting exp

Published 13 Sep, 2012 04:18am

Financial

Aussie & kiwi dollars hold hefty gains, eye Fed QE

SYDNEY/WELLINGTON: The Australian and New Zealand dollar held near multi-week highs on Thursday, ahead of a US Federal R

Published 13 Sep, 2012 04:10am

Financial

Euro steadies near 4-month high after German ruling

TOKYO: The euro held near a four-month high on Thursday after Germany's Constitutional Court gave the green light for Be

Published 13 Sep, 2012 04:03am

Financial

Yuan ends up after touching 3-month high, up 1.1pc from 2012 low

SHANGHAI: The Chinese yuan ended higher a gainst the dollar on Wednesday after hitting its highest intraday level since

Published 12 Sep, 2012 10:40am

Financial

German court, Fed hopes lift Asia FX; ringgit near 4-month high

SINGAPORE: Most emerging Asian currencies rose on Wednesday due to hopes a German court will approve the euro zone's bai

Published 12 Sep, 2012 08:30am

Financial

Dollar hits 4-month low after Moody's US warning

TOKYO: The dollar hit a four-month low against a basket of currencies on Wednesday, hurt by expectations of more US mone

Published 12 Sep, 2012 06:06am

Financial

Euro gains in Asia before German court ruling

TOKYO: The euro rose in Asian trade on Wednesday ahead of a German court ruling on the eurozone's bailout fund, while th

Published 12 Sep, 2012 04:26am

Financial

Yuan ends flat as dollar index recovers

SHANGHAI: The Chinese yuan closed flat in range-bound trade on Tuesday near the official midpoint after the dollar recov

Published 11 Sep, 2012 10:29am

Financial

Singapore dollar leads gains; German ruling, Fed eyed

SINGAPORE: Most emerging Asian currencies rose on Tuesday, tracking the euro's rise following a German court decision th

Published 11 Sep, 2012 09:21am

Financial

A$ & NZ$ resilience to be tested by events

SYDNEY/WELLINGTON: The Australian dollar eased a fraction on Tuesday as the market held its breath ahead of a ruling on

Published 11 Sep, 2012 09:04am

Financial

Euro hovers below 4-month high, 200-day average loom

TOKYO: The euro hovered below a near-four-month peak against the dollar on Tuesday as traders grew wary after the curren

Published 11 Sep, 2012 06:45am

Financial

Yuan slightly down as the dollar index recovers

SHANGHAI: The Chinese yuan was slightly lower in limited trade on Tuesday and stayed near the official midpoint after th

Published 11 Sep, 2012 06:23am

Financial

Dollar slips in Asia before US Fed meeting

TOKYO: The dollar weakened in Asia Tuesday with markets eyeing a US Federal Reserve meeting later in the week, while the

Published 11 Sep, 2012 06:04am

Financial

Dollar slips in Asia before US Fed meeting

TOKYO: The dollar weakened in Asia Tuesday with markets eyeing a US Federal Reserve meeting later in the week, while the

Published 11 Sep, 2012 04:16am

Financial

Indian rupee edges down, oil-related dollar demand hurts

MUMBAI: The Indian rupee weakened on Monday on account of dollar demand from oil refiners, but further losses were avert

Published 10 Sep, 2012 01:40pm

Financial

Global stimulus hopes lift Asia FX; econ woes cap

SINGAPORE: Most emerging Asian currencies rose on Monday as tepid economic indicators were expected to prompt stimulus b

Published 10 Sep, 2012 09:00am

Financial

Yuan trading firmer than midpoint on dollar index drop

SHANGHAI: The central bank fixed the yuan midpoint stronger against the dollar for the third consecutive trading day, bu

Published 10 Sep, 2012 07:48am

Financial

Euro slips but cushioned by Fed stimulus hopes

SINGAPORE/SYDNEY: The euro eased against the dollar on Monday but still held near a four-month high, after weak US jobs

Published 10 Sep, 2012 07:32am

Financial

A$ & NZ$ pin hopes on global easing

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held most of the hefty gains made in the past two sessions on

Published 10 Sep, 2012 07:21am

Financial

Euro weakens ahead of German ruling on bailout fund

TOKYO: The euro weakened in Asia on Monday as markets await a key German court ruling on the eurozone's bailout fund, af

Published 10 Sep, 2012 06:47am

Financial

Euro weakens ahead of German ruling on bailout fund

TOKYO: The euro weakened in Asia on Monday as markets await a key German court ruling on the eurozone's bailout fund, af

Published 10 Sep, 2012 04:16am

Financial

Aussie & NZ dollars holds gains on global stimulus talk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were holding firm on the greenback on Monday following two ses

Published 09 Sep, 2012 11:43pm

Financial

Euro & AUD sharply higher, China trade data eyed

SYDNEY: The euro hovered near four-month highs on Monday, while commodity currencies also held firm after soft data in t

Published 09 Sep, 2012 11:32pm

Financial

Iran currency dives to record low

TEHRAN: Iran's currency on Sunday slid to a new record low against the dollar, with the central bank saying it was tryin

Published 09 Sep, 2012 01:10pm

Financial

China yuan band widening an option: official

XIAMEN: Further widening the trading band for China's yuan is a policy option that the central bank may adopt in the fut

Published 08 Sep, 2012 09:24am

Financial

India forex reserves up at $290.46bn on Aug 31

MUMBAI: India's foreign exchange reserves marginally rose to $290.462 billion as of Aug. 31, from $290.179 billion in th

Published 07 Sep, 2012 01:09pm

Financial

India rupee gains for second day; non-farm payrolls watched

MUMBAI: The Indian rupee rose on Friday in line with other Asian currencies and shares, which rallied as risk appetite r

Published 07 Sep, 2012 12:54pm

Financial

Euro tops 100 yen in Asia after eurozone bond plan

TOKYO: The euro jumped above 100 yen for the first time in two months on Friday in Tokyo, after the European Central Ban

Published 07 Sep, 2012 09:43am

Financial

Euro mixed in Asia ahead of ECB meeting, US data

TOKYO: The euro was mixed in Asian trade Thursday morning with the market bracing for the outcome of a European Central

Published 06 Sep, 2012 04:55am

Financial

Yuan lower on global dollar strength, remains near PBOC midpoint

SHANGHAI: The yuan eased slightly on Wednesday against a dollar that was stronger against most major currencies, but the

Published 05 Sep, 2012 06:57am

Financial

Euro weaker in Asia ahead of ECB meeting

TOKYO: The euro was weaker in Asian trade Wednesday, with markets cautious ahead of a European Central Bank meeting that

Published 05 Sep, 2012 06:28am

Financial

A$ pinned near 6-week lows, healthy GDP no help

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were pinned near six-week lows on Wednesday, weighed by tumbli

Published 05 Sep, 2012 05:06am

Financial

Euro slips slightly but seen supported ahead of ECB

TOKYO: The euro dipped slightly against the dollar in Asian trading on Wednesday, but underlying support for the single

Published 05 Sep, 2012 05:06am

Financial

Euro weaker in Asia ahead of ECB meeting

TOKYO: The euro weakened in Asia early Wednesday, with markets cautious ahead of a European Central Bank meeting dealers

Published 05 Sep, 2012 04:07am

Financial

Aussie & NZ dollars pressured, rate cut seen looming

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were under pressure near six-week lows on Wednesday as spec

Published 04 Sep, 2012 11:04pm

Financial

Stimulus hopes lift Asia FX; growth worries limit gains

SINGAPORE: Most emerging Asian currencies rose on Tuesday on growing hopes that major central banks will take fresh step

Published 04 Sep, 2012 08:19am

Financial

Yuan makes fresh 3-month high, trades above PBOC's midpoint

SHANGHAI: The yuan rose against the dollar on Tuesday, hitting its highest intraday level since late May for the second

Published 04 Sep, 2012 08:11am

Financial

Euro rises ahead of ECB meeting

TOKYO: The euro strengthened in Asian trade on Tuesday ahead of a European Central Bank meeting in which dealers are hop

Published 04 Sep, 2012 05:49am

Financial

A$ & NZ$ near six-week lows, RBA in focus

WELLINGTON/SYDNEY: The Australian and New Zealand dollars languished near six-week lows on Tuesday, with markets focused

Published 04 Sep, 2012 05:16am

Financial

Euro pushes higher on ECB hopes, Aussie eyes RBA

SINGAPORE/SYDNEY: The euro rose against the dollar on Tuesday, nearing a two-month high hit last week, supported by hope

Published 04 Sep, 2012 05:16am

Financial

Euro rises ahead of European Central Bank meeting

TOKYO: The euro strengthened in Asian morning trade on Tuesday ahead of a European Central Bank meeting at which officia

Published 04 Sep, 2012 04:00am

Financial

India rupee little changed; share losses hurt

MUMBAI: The Indian rupee was little changed on Monday as weak local shares offset the positive sentiment after a governm

Published 03 Sep, 2012 01:16pm

Financial

Australian dollar falls to near 6-week low vs US dollar

LONDON: The Australian dollar fell to its lowest level in almost six weeks against the US dollar on Monday on signs of e

Published 03 Sep, 2012 12:49pm

Financial

Ringgit, won lead Asia FX gains on hopes for stimulus

SINGAPORE: Most emerging Asian currencies rose on Monday amid hopes for stimulus moves by the Federal Reserve and steps

Published 03 Sep, 2012 09:19am

Financial

Yuan hits 2-month high, briefly trades above PBOC midpoint

SHANGHAI: The yuan rose against the dollar on Monday, hitting its highest intraday level since early July, as signals th

Published 03 Sep, 2012 05:44am

Financial

Euro steadies; Aussie hit by weak China, domestic data

TOKYO: The euro steadied against the dollar on Monday, drawing support from hopes the US Federal Reserve and the Europea

Published 03 Sep, 2012 04:58am

Financial

A$ skids to 6-week lows on soft data, China worries

WELLINGTON/SYDNEY: The Australian dollars fell to six-week lows on Monday after a weak reading of retail sales added to

Published 03 Sep, 2012 04:52am

Financial

Dollar mixed in Asia on Fed easing signs

TOKYO: The dollar was mixed in Asian trade on Monday with the unit weakening against the yen after US Federal Reserve ch

Published 03 Sep, 2012 04:19am

Financial

Euro slips, Aussie dollar hit by China data

SYDNEY: The euro and commodity currencies started the new week on the defensive, with the Australian dollar slipping to

Published 03 Sep, 2012 12:04am

Financial

India rupee gains on better-than-expected GDP, euro rally

MUMBAI: The Indian rupee rebounded from session lows to gain for the day after the economy grew more strongly-than-expec

Published 31 Aug, 2012 01:26pm

Financial

Dollar eases ahead of Bernanke speech

TOKYO: The dollar weakened in Asia on Friday as traders looked ahead to a speech by US central bank chief Ben Bernanke l

Published 31 Aug, 2012 05:40am

Financial

Dollar weakens in Asia after US economic data

TOKYO: The dollar weakened in Asia Thursday after new US data gave a cautious view of the world's largest economy while

Published 30 Aug, 2012 12:16pm

Financial

Yuan closes flat in mildly volatile trade, Europe in focus

SHANGHAI: Spot yuan closed flat on Wednesday in mildly volatile trade as markets continued to watch for developments on

Published 29 Aug, 2012 10:18am

Financial

Weak bond auction drags rupiah; won, Taiwan dollar rise

SINGAPORE: The Indonesian rupiah fell on Wednesday as a weak debt auction spurred bond outflows, while the South Korean

Published 29 Aug, 2012 09:09am

Financial

PBOC sets stronger yuan midpoint, spot prices in narrow range

SHANGHAI: China's central bank set the yuan's official midpoint slightly stronger against the dollar on Wednesday, and s

Published 29 Aug, 2012 09:02am

Financial

Euro near 7-week high, Aussie still fragile

SYDNEY/TOKYO: The euro held near its seven-week peak on Wednesday, having been swept higher by a wave of short covering

Published 29 Aug, 2012 05:57am

Financial

A$ & NZ$ continue slow descent on euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hovered near two-month lows against the euro, which stayed fir

Published 29 Aug, 2012 05:52am

Financial

Euro mixed in Asian trade

TOKYO: The euro was mixed in Asia on Wednesday after two eurozone bond auctions buoyed the embattled unit amid rising sp

Published 29 Aug, 2012 04:29am

Financial

Stimulus hopes see Britain's FTSE tick higher

LONDON: Britain's leading share index was modestly higher around midday on Tuesday, as expectations for further stimulus

Published 28 Aug, 2012 11:20am

Financial

Spot yuan closes stronger, but more depreciation seen

SHANGHAI: Spot yuan closed firmer on Tuesday as the dollar index dropped in intraday trade, but investors offshore and o

Published 28 Aug, 2012 10:24am

Financial

Yen firms as uncertainty over ECB action caps euro

LONDON: The safe-haven yen rose against the euro and the dollar on Tuesday as investors worried about a patchy global re

Published 28 Aug, 2012 10:05am

Financial

Ringgit, peso lead slides as investors cut risky bets

SINGAPORE: Emerging Asian currencies slid on Tuesday as investors scaled back expectations that a meeting of central ban

Published 28 Aug, 2012 08:00am

Financial

China central bank sets slighly weaker yuan, spot rates flat

SHANGHAI: Spot yuan rates were flat on Tuesday, as a lack of fresh developments in currency markets kept customers sidel

Published 28 Aug, 2012 07:54am

Financial

Euro slips, yen gains as risky FX positions trimmed

TOKYO: The euro sagged against the dollar while the yen gained broadly as market players trimmed their long positions in

Published 28 Aug, 2012 07:54am

Financial

China central bank sets slighly weaker yuan

SHANGHAI: Spot yuan rates were flat on Tuesday, as a lack of fresh developments in currency markets kept customers sidel

Published 28 Aug, 2012 06:24am

Financial

A$ & NZ$ in retreat, AUD bonds at 3-week highs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars ground to multi-week lows on Tuesday, weighed by persistent gl

Published 28 Aug, 2012 06:16am

Financial

Euro sags, yen gains as market trims risky FX positions

TOKYO: The euro sagged against the dollar while the yen gained broadly as market players trimmed their long positions in

Published 28 Aug, 2012 06:04am

Financial

Euro weak in Asian trade

TOKYO: The euro slipped in Asian trade Tuesday amid gloomy sentiment over the eurozone debt crisis and few fresh trading

Published 28 Aug, 2012 05:11am

Financial

India rupee falls to 1-week low; growing worries over reforms

MUMBAI: The Indian rupee fell on Monday to its lowest in a week as oil refiners bought dollars and on growing worries a

Published 27 Aug, 2012 12:53pm

Financial

Yuan firms slightly as forward spreads widen

SHANGHAI: The spot yuan closed up slightly mildly on Monday after a day of lacklustre trading volume as markets waited f

Published 27 Aug, 2012 10:15am

Financial

Fed caution weighs on Asia FX; won dips despite upgrade

SINGAPORE: Most emerging Asian currencies slid on Monday, with investors reluctant to take fresh positions ahead of the

Published 27 Aug, 2012 09:04am

Financial

Euro eases, upside seen capped by euro zone risks

SINGAPORE: The euro inched lower against the dollar on Monday, taking a breather after last week's rally, with its upsid

Published 27 Aug, 2012 07:12am

Financial

A$ & NZ$ dollars struggle, bonds rise

SYDNEY/WELLINGTON: The Australian and New Zealand dollars traded with a heavy tone on Monday and looked vulnerable amid

Published 27 Aug, 2012 07:12am

Financial

Yuan weakens on overnight dollar strength, forward spreads widen

SHANGHAI: The central bank set the official yuan midpoint weaker on Monday morning in response to a strengthening of the

Published 27 Aug, 2012 07:05am

Financial

Euro mixed in Asian trade

TOKYO: The euro was mixed in Asian trade on Monday amid renewed uncertainty over the eurozone debt crisis, as markets tu

Published 27 Aug, 2012 05:13am

Financial

India's STC sees gold imports 20 pct down in FY13

HYDERABAD: The State Trading Corporation's (STC) gold imports are likely to decline by 20 percent to 80 tonnes in the 12

Published 25 Aug, 2012 02:47pm

Financial

India rupee snaps 4-day gain; politics drag on currency

MUMBAI: The Indian rupee fell on Friday, snapping four sessions of gains, as profit-booking hit global risk assets and a

Published 24 Aug, 2012 12:37pm

Financial

Euro trades narrowly ahead of German-Greek talks

TOKYO: The euro traded in a tight range in Asian trade Friday ahead of a closely watched meeting between German Chancell

Published 24 Aug, 2012 05:15am

Financial

Euro trades narrowly ahead of German-Greek talks

TOKYO: The euro traded in a tight range in Asian trade Friday ahead of a closely watched meeting between German Chancell

Published 24 Aug, 2012 04:53am

Financial

Fed stimulus hopes spur currencies past resistance

SINGAPORE: Eemerging Asian currencies strengthened past technical resistance lines on Thursday, spurred by hopes that th

Published 23 Aug, 2012 07:56am

Financial

Yuan steady, poor China PMI data offsets dollar weakness

SHANGHAI: The yuan was almost unchanged against the dollar on Thursday as poor reading of China's manufacturing activity

Published 23 Aug, 2012 07:52am

Financial

Dollar under pressure after Fed sparks easing hopes

TOKYO: The dollar was on the defensive on Thursday after minutes of the US Federal Reserve meeting surprised traders by

Published 23 Aug, 2012 05:42am

Financial

A$ trims gains after weak China PMI data

SYDNEY/WELLINGTON: The Australian dollar trimmed gains against the US dollar on Thursday after weak Chinese data added t

Published 23 Aug, 2012 05:39am

Financial

Aussie & kiwi hold gains on USD, await China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains on the US dollar on Thursday after US Federal Reser

Published 23 Aug, 2012 01:03am

Financial

S.Korea won, bonds rise on US Fed stimulus hopes

SEOUL: The South Korean won was higher in early domestic trade Thursday, buoyed by news that the US Federal Reserve may

Published 23 Aug, 2012 12:40am

Financial

Mixed, won and Singapore dollar dip on euro-short covering

SINGAPORE: Emerging Asian currencies were mixed on Wednesday despite a higher euro as investors took profits from gains

Published 22 Aug, 2012 09:30am

Financial

Yuan edges up as dollar falls, China slowdown factored in

SHANGHAI: The yuan rose slightly on Wednesday as the dollar dropped in global markets overnight, and the yuan is expecte

Published 22 Aug, 2012 06:30am

Financial

A$ & NZ$ extend losses on euro short-covering

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended losses to multi-week lows against the euro on Wednesd

Published 22 Aug, 2012 05:44am

Financial

Euro holds ground after touching 7-week highs

TOKYO: The euro was steady in Asian trading on Wednesday after hitting seven-week highs in the previous session, with in

Published 22 Aug, 2012 05:43am

Financial

Euro holds steady ahead of Greek talks

TOKYO: The euro held steady against other currencies in Asia on Wednesday as investors waited for upcoming talks on debt

Published 22 Aug, 2012 04:36am

Financial

Yuan under pressure as growth slows

BEIJING: China's currency is facing strong downward pressure this year as the country's once surging growth rates slow a

Published 19 Aug, 2012 05:48am

Financial

Yuan at six-week closing high as dollar slips; floor seen around 6.37

SHANGHAI: The yuan closed at its strongest level in six weeks on Friday amid a slide in the dollar globally and resurgen

Published 17 Aug, 2012 12:44pm

Financial

Australian dollar hits 3-week low against US dollar

LONDON: The Australian dollar fell to a three-week low against the US dollar on Friday as investors cut previous bets on

Published 17 Aug, 2012 11:57am

Financial

Dollar gains on yen in Asian trade

TOKYO: The dollar strengthened against the yen in Asian trade on Friday afternoon, boosted by US economic data that poin

Published 17 Aug, 2012 06:52am

Financial

Euro firms in Asia after Merkel comments

TOKYO: The euro strengthened in Asian trade on Friday after German Chancellor Angela Merkel's supportive comments for th

Published 17 Aug, 2012 05:59am

Financial

Rupee, won lead Asia FX slide on higher US yields

SINGAPORE: Most emerging Asian currencies fell on Thursday as strong US data lifted Treasury yields and continued to das

Published 16 Aug, 2012 09:07am

Financial

Dollar hits 1-month high vs yen, lifted by rising yields

SINGAPORE: The dollar surged to a one-month high against the yen on Thursday, extending gains after this week's upbeat U

Published 16 Aug, 2012 06:07am

Financial

Palm oil edges up on tentative exports recovery

SINGAPORE: Malaysian crude palm oil futures edged up on Thursday as exports staged a tentative recovery and a market cor

Published 16 Aug, 2012 06:07am

Financial

A$ & NZ$ hold gains, bond yields jump to 3-month highs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held modestly firmer on Thursday, underpinned by stronger Asia

Published 16 Aug, 2012 05:56am

Financial

Yuan slides on burst in dollar demand, but stability expected

SHANGHAI: The yuan touched its lowest level in a week on Thursday, after the US currency rose in global markets the day

Published 16 Aug, 2012 05:56am

Financial

Euro stronger in Asia despite Greece worries

TOKYO: The euro inched up against other currencies in Asian trade Thursday although concern over Greece's financial reha

Published 16 Aug, 2012 05:26am

Financial

Turkish assets fall on rising oil prices

ISTANBUL: The Turkish lira slipped to its weakest level against the dollar in nearly two weeks on Wednesday, stocks dipp

Published 15 Aug, 2012 10:59am

Financial

Yuan ticks down on dollar strength, seen stable near term

SHANGHAI: China's yuan edged down on Wednesday, pressured by gains in the dollar the day before, but gradually strengthe

Published 15 Aug, 2012 10:04am

Financial

Dollar firms after brilliant US, European data

TOKYO: The dollar firmed slightly against the yen in Asian trade on Wednesday, lifted by promising US and European macro

Published 15 Aug, 2012 07:49am

Financial

Yuan ticks down on dollar strength; seen stable near-term

SHANGHAI: China's yuan edged down on Wednesday, pressured by overnight gains in the dollar, but gradually strengthening

Published 15 Aug, 2012 07:46am

Financial

Dollar hovers near 1-month high vs yen after upbeat data

SINGAPORE: The dollar held firm near a one-month high against the yen on Wednesday, after surprisingly upbeat US retail

Published 15 Aug, 2012 05:48am

Financial

A$ & NZ$ dip vs USD, euro on China excuse

WELLINGTON/SYDNEY: The Australian and New Zealand dollar slipped on Wednesday, with investors using growth concerns in C

Published 15 Aug, 2012 05:42am

Financial

Dollar firms after bright US, European data

TOKYO: The dollar firmed against the yen in Asian trade Wednesday, lifted by promising US and European macroeconomic dat

Published 15 Aug, 2012 04:46am

Financial

Yuan ends up, corporate order flow grows more balanced

SHANGHAI: The yuan closed moderately higher on Tuesday after an afternoon fall in the dollar sparked a yuan rally, and t

Published 14 Aug, 2012 10:22am

Financial

Won, Taiwan dollar lead gains in Asia; euro zone, US data eyed

SINGAPORE: Most emerging Asian currencies rose on Tuesday, underpinned by growing expectations of stimulus by policymake

Published 14 Aug, 2012 09:14am

Financial

Yuan stable as corporate order flow grows more balanced

SHANGHAI: The yuan traded flat on Tuesday morning, following a central bank fix that was little changed from Monday, as

Published 14 Aug, 2012 06:14am

Financial

Euro holds most gains ahead of euro zone GDP data

TOKYO: The euro, swept higher by the previous session's wave of short-covering, held onto most of its gains in Asian tra

Published 14 Aug, 2012 06:09am

Financial

A$ & NZ$ off multi-month highs, await EU data

WELLINGTON/SYDNEY: The Australian and New Zealand dollar were off multi-month highs on Tuesday as investors booked profi

Published 14 Aug, 2012 06:05am

Financial

Euro stronger in Asian trade

TOKYO: The euro strengthened in Asia on Tuesday morning in thin holiday trade while dealers looked ahead to a string of

Published 14 Aug, 2012 04:35am

Financial

Indian shares rise as banks recover; ONGC gains on earnings

MUMBAI: Indian shares provisionally rose on Monday, led by recently hit banking stocks such as SBI, while ONGC gained af

Published 13 Aug, 2012 12:19pm

Financial

Yuan closes slightly weaker after year-low central bank fix

SHANGHAI: The yuan closed slightly weaker against the dollar on Monday, mirroring movements in the dollar, with little a

Published 13 Aug, 2012 10:35am

Financial

Growth worries weigh on Asia FX, policy hopes support

SINGAPORE: Most emerging Asian currencies inched lower on Monday in subdued trading on growing worries about sluggish gl

Published 13 Aug, 2012 09:37am

Financial

A$ & NZ$ hold near record highs on euro, mood cautious

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to advance against the US dollar on Monday as invest

Published 13 Aug, 2012 06:27am

Financial

Euro firmer on hopes of ECB steps to tackle debt crisis

SINGAPORE: The euro nudged higher against the dollar on Monday, helped by hopes that the European Central Bank will soon

Published 13 Aug, 2012 06:21am

Financial

Yuan creeps upward, despite year-low central bank fix

SHANGHAI: The yuan edged higher against the dollar on Monday, mirroring a broader fall in the greenback in its last trad

Published 13 Aug, 2012 06:14am

Financial

Yen rangebound in Asia after Japan GDP data

TOKYO: The yen was trading in a narrow range against the dollar Monday morning after Japan said its economy grew by 0.3

Published 13 Aug, 2012 05:12am

Financial

India government had 212.69bn rupees outstanding loans with RBI on Aug 3

MUMBAI: The Indian government had 212.69 billion rupees ($3.8 billion) of outstanding loans from the Reserve Bank of Ind

Published 10 Aug, 2012 11:42am

Financial

Reserve Bank of India net sold $50mn in FX mkt in June

MUMBAI: The Reserve Bank of India (RBI) sold only a net $50 million in June, compared with $485 million in the previous

Published 10 Aug, 2012 11:24am

Financial

Dollar rangebound in Asia

TOKYO: The dollar was trading in a narrow range against the euro and the yen on Friday afternoon following a rise in New

Published 10 Aug, 2012 06:37am

Financial

Yuan hits strongest point against dollar since early July

SHANGHAI: Spot yuan hit its strongest rate against the dollar since early July on Thursday, as banks in China moved to r

Published 09 Aug, 2012 11:37am

Financial

Yuan hits strongest point against dollar since early July

SHANGHAI: Spot yuan hit its strongest rate against the dollar since early July on Thursday, as banks in China moved to r

Published 09 Aug, 2012 10:10am

Financial

China policy hopes support Asia FX, won up after central bank

SINGAPORE: Most emerging Asian currencies rose on Thursday as slowing inflation and output in China spurred hopes of mor

Published 09 Aug, 2012 09:23am

Financial

Yuan strongest against dollar since early July on dollar hedging

SHANGHAI: The spot yuan traded at its strongest against the dollar since July 5, continuing the narrowing trend that beg

Published 09 Aug, 2012 05:44am

Financial

Euro up slightly, Aussie lifted by data from China and home

TOKYO: The euro got a slight lift against major counterparts and the Australian dollar tested a 4-1/2 month peak on Thur

Published 09 Aug, 2012 05:36am

Financial

A$ gets lift from jobs data, NZ$ a black eye

WELLINGTON/SYDNEY: The Australian dollar rose on Thursday after a robust jobs report prompted investors to widen the odd

Published 09 Aug, 2012 05:31am

Financial

Yen weakens ahead of Bank of Japan policy decision

TOKYO: The yen weakened in Asian morning trade Thursday as the Bank of Japan (BoJ) wraps up a two-day meeting amid specu

Published 09 Aug, 2012 04:49am

Financial

Profit-taking weighs on Asia FX, offsets policy hopes

SINGAPORE: Most emerging Asian currencies dipped on Wednesday as investors booked profits, offsetting hopes of the Europ

Published 08 Aug, 2012 09:22am

Financial

Central bank sets yuan midpoint weaker, spot trade flat

SHANGHAI: The central bank set the yuan midpoint slightly weaker versus the dollar on Wednesday morning for the first ti

Published 08 Aug, 2012 07:00am

Financial

Euro steady, underpinned by hopes of ECB action

SINGAPORE: The euro held steady against the dollar on Wednesday, supported by persistent hopes for further action by the

Published 08 Aug, 2012 05:00am

Financial

A$ & NZ$ drift off highs, support solid

WELLINGTON/SYDNEY: The Australian and New Zealand dollars ran into light profit-taking on Wednesday, but remained near m

Published 08 Aug, 2012 04:55am

Financial

Euro trades narrowly in Asia on easing speculation

TOKYO: The euro traded in a narrow range against the dollar and yen in Asia Wednesday with sentiment largely driven by s

Published 08 Aug, 2012 04:42am

Financial

India rupee gains to 3-week high; after promises, govt action eyed

MUMBAI: The Indian rupee rose to a three-week high on Tuesday, extending gains for a third consecutive session on the ba

Published 07 Aug, 2012 12:45pm

Financial

Yuan closes up after higher midpoint, but further depreciation seen

SHANGHAI: Spot yuan prices closed up on Tuesday in reaction to a steadily weakening dollar, and after the Chinese centra

Published 07 Aug, 2012 11:31am

Financial

Asia FX firm on easing hopes, but profit-taking caps

SINGAPORE: Most emerging Asian currencies held firm on Tuesday, as investors' appetite for riskier assets improved on ho

Published 07 Aug, 2012 08:46am

Financial

A$ hits multi-month highs on USD & GBP after RBA

WELLINGTON/SYDNEY: The Australian dollar punched to fresh four-month highs on Tuesday after a cautiously optimistic cent

Published 07 Aug, 2012 07:37am

Financial

Yuan rises with higher midpoint, but further depreciation seen

SHANGHAI: China's central bank set the yuan midpoint higher for the second consecutive day on Tuesday as the euro contin

Published 07 Aug, 2012 07:31am

Financial

Euro, dollar trade narrowly in Asian forex markets

TOKYO: The euro crept higher in Asian trade on Tuesday as dealers kept their eyes on the European and Australian central

Published 07 Aug, 2012 04:36am

Financial

Iran currency plunges five percent

TEHRAN: Iran's currency plunged five percent on Monday in street trading after the central bank announced an imminent de

Published 06 Aug, 2012 11:21am

Financial

Yuan strengthens after US data, spot prices closer to midpoint

SHANGHAI: China's central bank set a stronger yuan midpoint on Monday as the dollar index slid in overnight trade after

Published 06 Aug, 2012 06:19am

Financial

A$ & NZ$ buoyed by stocks & US jobs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were enjoying the view around multi-month highs on Monday wh

Published 06 Aug, 2012 05:05am

Financial

Euro mixed in Asian trade

TOKYO: The euro was mixed against other currencies in Asian trade on Monday as risk appetite grew on positive US jobs da

Published 06 Aug, 2012 04:46am

Financial

Euro & Aussie in favour, risk appetite whetted

SYDNEY: The euro and Australian dollar hit multi-week highs against the yen on Monday, getting the new week off to a buo

Published 05 Aug, 2012 11:40pm

Financial

India rupee posts third straight weekly decline; US jobs eyed

MUMBAI: A late recovery helped the Indian rupee gain on Friday, as demand for global risk assets recovered after the eur

Published 03 Aug, 2012 01:01pm

Financial

India's forex reserves rise to $288.65bn: RBI

MUMBAI: India's foreign exchange reserves rose to $288.65 billion as of July 27, from $287.34 billion in the previous we

Published 03 Aug, 2012 12:02pm

Financial

Euro stays weak in Asia after ECB let-down

TOKYO: The euro remained under pressure in Asian trade on Friday after suffering a sell-off by investors disappointed by

Published 03 Aug, 2012 06:03am

Financial

Yuan ends up slightly, reverses early fall as dollar corrects

SHANGHAI: The yuan closed up marginally a gainst the dollar on Thursday as the greenback gave back gains its made in ear

Published 02 Aug, 2012 09:49am

Financial

Dollar clings to gains after Fed; all riding on ECB

SINGAPORE/SYDNEY: The dollar held onto gains against major currencies made after the Federal Reserve refrained from offe

Published 02 Aug, 2012 04:53am

Financial

A$ & NZ$ get lift from upbeat data, wary of ECB

SYDNEY/WELLINGTON: The Australian and New Zealand dollars got a hand-up from strong domestic data on Thursday, though ma

Published 02 Aug, 2012 04:50am

Financial

Euro firms ahead of European Central Bank meeting

TOKYO: The euro firmed in Asian trade on Thursday as markets waited to see what, if any, action the European Central Ban

Published 02 Aug, 2012 04:35am

Financial

India rupee gains ahead of Fed; cautious welcome for new finmin

MUMBAI: The Indian rupee strengthened on Wednesday as oil-related dollar demand waned at the start of the month while cu

Published 01 Aug, 2012 03:20pm

Financial

Yuan slips amid signs that capital is flowing out of China

SHANGHAI: The yuan fell slightly against the dollar on Wednesday as banks and their clients held onto their dollars amid

Published 01 Aug, 2012 08:44am

Financial

Dollar slips to 2-month low vs yen on China data

TOKYO: The dollar dipped to a two-month low against the Japanese yen on Wednesday after China's official manufacturing d

Published 01 Aug, 2012 05:15am

Financial

A$ & NZ$ dip on China data, Fed awaited

SYDNEY/WELLINGTON: The Australian and New Zealand dollars eased from multi-month highs against the US dollar on Wednesda

Published 01 Aug, 2012 05:15am

Financial

Euro inches down in Asia ahead of Fed outcome

TOKYO: The euro slipped against other currencies in Asian trade Wednesday as the market waited for the result of the US

Published 01 Aug, 2012 04:28am

Financial

Yuan ends up vs dollar, but down 0.14pc in July

SHANGHAI: The yuan closed higher against the dollar on Tuesday but fell 0.14 percent in July, propelled by a general ris

Published 31 Jul, 2012 10:53am

Financial

Most Asia FX up on more stimulus bets, head for July gains

SINGAPORE: Most emerging Asian currencies rose on Tuesday -- and headed for monthly gains -- as investors increased thei

Published 31 Jul, 2012 08:33am

Financial

Yuan steady vs dollar, set to show slight fall for July

SHANGHAI: The yuan was almost unchanged against the dollar on Tuesday and looked set to fall slightly for July, propelle

Published 31 Jul, 2012 06:39am

Financial

Euro firmer vs dollar; A$ up on stimulus hopes

SYDNEY/SINGAPORE: The euro edged higher against the dollar on Tuesday but stayed off a recent three-week high, while the

Published 31 Jul, 2012 05:10am

Financial

A$ scales 4-month highs, NZ$ near 3-month peaks

SYDNEY/WELLINGTON: The high-flying Australian dollar scaled fresh four-month highs on the US dollar Tuesday and held nea

Published 31 Jul, 2012 05:05am

Financial

Yen mixed in Asia on intervention speculation

TOKYO: The yen was mixed in Asian trade on Tuesday amid speculation that Japanese officials may launch another round of

Published 31 Jul, 2012 04:28am

Financial

A$, NZ$ near multi-month high on ECB speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near multi-month highs on Monday as hopes the European Ce

Published 30 Jul, 2012 05:07am

Financial

Euro dips in Asia following rally in New York

TOKYO: The euro weakened in Asian trade on Monday following gains late last week on the back of comments from European o

Published 30 Jul, 2012 04:42am

Financial

Euro steady after rally on ECB rescue hopes

TOKYO: The euro was steady against other currencies in Asian trade on Friday following a rally in New York after the hea

Published 27 Jul, 2012 05:33am

Financial

Indian rupee rallies; Draghi comments force out dollar longs

MUMBAI: The Indian rupee rose on Thursday, posting its biggest gain in two weeks after a sharp recovery in the euro and

Published 26 Jul, 2012 01:25pm

Financial

Policy hopes spur Asia FX short-covering; won shines

SINGAPORE: Most emerging Asian currencies rose on Thursday as investors covered short positions on hopes for fresh Europ

Published 26 Jul, 2012 10:00am

Financial

Euro rally fizzles in Asian trade

TOKYO: A euro rally fizzled in Asian trade Thursday after the beleaguered unit briefly rose on cautious optimism over th

Published 26 Jul, 2012 07:31am

Financial

Yuan gains on euro rebound; central bank seen loosening reins

SHANGHAI: China's yuan strengthened moderately on Thursday, tracking overnight gains in the euro and other non-dollar cu

Published 26 Jul, 2012 05:53am

Financial

Euro eases as short-covering momentum fades

SINGAPORE: The euro gave back some gains on Thursday from a short-covering rally the previous day, as persistent worries

Published 26 Jul, 2012 05:53am

Financial

A$ & NZ$ hold gains, RBNZ comfortably on hold

WELLINGTON/SYDNEY: The Australian and New Zealand dollars kept overnight gains on Thursday on hopes for more US stimulus

Published 26 Jul, 2012 05:47am

Financial

Euro rally fizzles in Asian trade

TOKYO: A euro rally fizzled in Asian trade Thursday after the beleaguered unit briefly rose on cautious optimism over th

Published 26 Jul, 2012 04:52am

Financial

Euro hovers near 2-year lows as Spanish worries unabated

TOKYO: The euro hovered near two-year lows on Wednesday in Asia as investors gave it and risk currencies a wide berth af

Published 25 Jul, 2012 07:05am

Financial

A$ & NZ$ trim losses; RBNZ rate review eyed

WELLINGTON/SYDNEY: The Australian dollar regained some ground on Wednesday after a reading on inflation cooled expectati

Published 25 Jul, 2012 06:53am

Financial

Yuan at new 10-month low on euro woes

SHANGHAI: China's central bank set its weakest fixing for the yuan in eight months after the euro hit a fresh two-year l

Published 25 Jul, 2012 06:39am

Financial

Euro inches off multi-year lows in Asian trade

TOKYO: The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen a

Published 25 Jul, 2012 05:02am

Financial

Indian rupee falls to monthly low; reforms watched

MUMBAI: The Indian rupee fell on Tuesday to its lowest this month, as worries about the euro zone crisis continues to hi

Published 24 Jul, 2012 01:13pm

Financial

China PMI supports yuan, euro still a drag

SHANGHAI: China's yuan touched a near 10-month low on Tuesday morning as it extended its link to the ailing euro, but pe

Published 24 Jul, 2012 11:47am

Financial

A$ & NZ$ perk up after China data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars erased early losses on Tuesday as markets heaved a sign of rel

Published 24 Jul, 2012 04:52am

Financial

Euro slips on fresh worries over Europe

TOKYO: The euro's roller coaster ride continued in Asian trade on Tuesday after it plummeted to a near 12-year-low again

Published 24 Jul, 2012 04:38am

Financial

Indian rupee falls most in one month as euro falters

MUMBAI: The Indian rupee on Monday fell the most in a month as risk assets got pummelled, sending the euro sharply lower

Published 23 Jul, 2012 12:24pm

Financial

A$ & NZ$ give way to profit-taking vs USD & euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground on Monday against the US dollar, but stayed i

Published 23 Jul, 2012 05:00am

Financial

Indonesia's weakening rupiah raises concerns

JAKARTA: Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's l

Published 22 Jul, 2012 05:40am

Financial

Yuan hits limit of trading band, ignores higher midpoint

SHANGHAI: The Chinese yuan hit the limit of its recently widened trading band for the first time on Friday as the spot m

Published 20 Jul, 2012 12:12pm

Financial

Dollar mixed in Asian trade

TOKYO: The dollar was mixed in Asian trade on Friday after earlier dipping on speculation that an uncertain US economic

Published 20 Jul, 2012 06:19am

Financial

Bullish bets on Philippine peso at near 2 year high

SINGAPORE: Long positions in the Philippine peso hit a near two-year high and bullish bets on the Singapore dollar almos

Published 19 Jul, 2012 11:44am

Financial

Yuan closes weak vs dollar, spot rate diverges from midpoint

SHANGHAI: China's central bank set the yuan midpoint at a slightly stronger level on Thursday, but spot prices moved in

Published 19 Jul, 2012 09:48am

Financial

Australian dollar at 2-1/2 month high vs weak US dollar

LONDON: The Australian dollar rose to a 2-1/2 month high against the US dollar, which hit a two-week low against a baske

Published 19 Jul, 2012 08:31am

Financial

Euro mixed in Asia after German leader's comments

TOKYO: The euro was mixed in Asian trade Thursday amid worries over Europe's fiscal woes and comments from German leader

Published 19 Jul, 2012 07:34am

Financial

Euro steadies vs dollar; yen gains on Europe concerns

TOKYO: The euro steadied against the dollar in Asian trade on Thursday but remained under pressure after reported commen

Published 19 Jul, 2012 07:19am

Financial

Yuan opens slightly stronger, spot market flat

SHANGHAI: China's central bank set the yuan official exchange rate at a slightly stronger level on Thursday, but the spo

Published 19 Jul, 2012 05:20am

Financial

Euro steadies as yen gains on renewed Europe concerns

TOKYO: The euro steadied in Asian trade on Thursday but remained under pressure after reported comments by German Chance

Published 19 Jul, 2012 05:14am

Financial

Racy A$ hits record high vs euro, 10-week top on USD

WELLINGTON/SYDNEY: The Australian dollar hovered near record highs against the euro and a 10-week peak against the green

Published 19 Jul, 2012 05:09am

Financial

Euro mixed in Asia after German leader's comments

TOKYO: The euro was mixed in Asian trade Thursday amid worries over Europe's fiscal woes and comments from German leader

Published 19 Jul, 2012 04:42am

Financial

Dollar rangebound in Asia

TOKYO: The dollar was rangebound against other major currencies in Asian trade on Wednesday as investors awaited the US

Published 18 Jul, 2012 07:45am

Financial

Yen gains as risk appetite wanes

TOKYO: The yen rose against its major counterparts in Asia on Wednesday as investors' appetite for risk faded ahead of a

Published 18 Jul, 2012 07:38am

Financial

Yuan extends slow rise as dollar slips again

SHANGHAI: The yuan opened slightly higher on Wednesday as the central bank continued to push the official midpoint up in

Published 18 Jul, 2012 05:16am

Financial

Euro bolstered by hopes of US easing

TOKYO: The euro made limited gains against the dollar on Wednesday after Federal Reserve Chairman Ben Bernanke said the

Published 18 Jul, 2012 05:12am

Financial

A$ & NZ$ firm, eyes on North Korea

WELLINGTON/SYDNEY: The Australian dollar stood near two-week highs against the US dollar and flirted with a record peak

Published 18 Jul, 2012 05:07am

Financial

Dollar slightly lower in Asia

TOKYO: The dollar slipped slightly against other major currencies in Asian trade Wednesday as investors' risk sentiment

Published 18 Jul, 2012 04:25am

Financial

Yuan inches up in light trade on weak US data

SHANGHAI: The yuan closed slightly higher on Tuesday as the dollar index fell again in response to weak US retail sales

Published 17 Jul, 2012 10:31am

Financial

Yuan opens up in light trade on weak US data

SHANGHAI: The central bank set the yuan midpoint higher for the second day on Tuesday as the dollar index fell again in

Published 17 Jul, 2012 05:35am

Financial

Euro off lows as hedge fund buying triggers stop losses

TOKYO: The euro rose versus the dollar on Tuesday as purchases from hedge funds triggered a flurry of stop-loss buying,

Published 17 Jul, 2012 05:24am

Financial

A$ perkier after RBA minutes, kiwi weighed by CPI

WELLINGTON/SYDNEY: The Australian dollar rose to a near two-week high versus the greenback on Tuesday, and outperformed

Published 17 Jul, 2012 05:24am

Financial

Euro gains in Asia after IMF sends Portugal cash

TOKYO: The euro gained against major currencies in Asian trade on Tuesday after the IMF said it was releasing 1.48 billi

Published 17 Jul, 2012 04:26am

Financial

India rupee falls on weaker shares; global risk eyed

MUMBAI: The Indian rupee fell for the seventh session in nine on Monday, tracking declines in domestic shares after data

Published 16 Jul, 2012 11:52am

Financial

Yuan closes flat as dollar stays near 2-year high

SHANGHAI: The central bank set the yuan midpoint slightly higher Monday as the dollar index weakened slightly in overnig

Published 16 Jul, 2012 09:39am

Financial

China stimulus hopes support Asia FX, Bernanke awaited

SINGAPORE: Most emerging Asian currencies rose on Monday on hopes that China will unleash more stimulus to boost slowing

Published 16 Jul, 2012 08:31am

Financial

Yuan trades flat as dollar stays near 2-year high

SHANGHAI: The central bank set the yuan midpoint slightly higher Monday as the dollar index weakened slightly in overnig

Published 16 Jul, 2012 06:37am

Financial

Dollar up versus euro on China GDP, US bank hopes

SINGAPORE: The US dollar advanced against the euro in Asian trade on Monday as markets reacted calmly to China's growth

Published 16 Jul, 2012 05:59am

Financial

Euro holds steady vs dollar, focus on Bernanke

SINGAPORE: The euro held steady against the dollar on Monday, with the near-term focus on whether US Federal Reserve Cha

Published 16 Jul, 2012 05:22am

Financial

A$ & NZ$ buoyant as China risk fades for now

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held firm on Monday, underpinned by improved risk appetite as

Published 16 Jul, 2012 05:16am

Financial

Euro under pressure in Asia trade

TOKYO: The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody'

Published 13 Jul, 2012 07:45am

Financial

Indian rupee falls as stocks, euro pummelled

MUMBAI: The Indian rupee fell for a second consecutive session on Thursday as local stocks were pummelled, while risk cu

Published 12 Jul, 2012 12:01pm

Financial

Yuan ends down slightly but PBOC guidance caps downside

SHANGHAI: The yuan closed slightly lower against the dollar on Thursday as China's central bank left its daily midpoint

Published 12 Jul, 2012 09:39am

Financial

Yen gains in Asian trade after BoJ meeting

TOKYO: The dollar and euro weakened against the yen in Asian trade on Thursday after Japan's central bank held off signi

Published 12 Jul, 2012 08:49am

Financial

Dollar erases rise vs yen after BoJ policy tweak

TOKYO: The dollar enjoyed a short-lived rise against the yen on Thursday after the Bank of Japan made a technical change

Published 12 Jul, 2012 06:49am

Financial

Yuan inches lower, PBOC guidance offsets fresh dollar strength

SHANGHAI: The yuan inched lower against the dollar on Thursday as the Chinese central bank set its daily midpoint nearly

Published 12 Jul, 2012 06:29am

Financial

Euro weaker in Asian trade

TOKYO: The euro was down against other major currencies in Asia Thursday while the dollar lost ground on the yen as mark

Published 12 Jul, 2012 05:13am

Financial

Aussie dollar slips on weak Australian jobs data

SINGAPORE: The Australian dollar fell on Thursday after data showed a surprise drop in Australian employment in June, ad

Published 12 Jul, 2012 02:05am

Financial

Yuan ends slightly lower, eyes on dollar performance

SHANGHAI: The yuan closed slightly lower against the dollar on Wednesday as investors closely watched the dollar's perfo

Published 11 Jul, 2012 09:05am

Financial

Yuan steady, eyes on dollar performance

SHANGHAI: The yuan was little changed against the dollar on Wednesday as investors closely watch the dollar's performanc

Published 11 Jul, 2012 05:57am

Financial

A$ & NZ$ buoyed vs euro; subdued on USD

SYDNEY/WELLINGTON: The Australian dollar held near lifetime highs against the euro on Wednesday, which stayed under broa

Published 11 Jul, 2012 05:08am

Financial

Euro steady in Asia, yen gets boost

TOKYO: The euro was steady in Asian trade on Wednesday, while the yen got a boost as the Bank of Japan starts a two-day

Published 11 Jul, 2012 04:14am

Financial

Euro weaker in Asian trade

TOKYO: The euro weakened in Asian trade on Tuesday as markets largely shrugged off a eurozone finance ministers' deal to

Published 10 Jul, 2012 06:26am

Financial

Yuan up on PBOC guide, strong China exports lend support

SHANGHAI: The yuan rose slightly against the dollar on Tuesday as the Chinese central bank set a midpoint slightly stron

Published 10 Jul, 2012 05:16am

Financial

A$ & NZ$ droop after China trade data

SYDNEY/WELLINGTON: The Australian and New Zealand currencies came under modest selling pressure after China's trade data

Published 10 Jul, 2012 05:11am

Financial

Euro edges down in Asia trade

TOKYO: The euro edged down in Asian trade on Tuesday as markets largely shrugged off a eurozone finance ministers' deal

Published 10 Jul, 2012 04:43am

Financial

India rupee slowly extends slide, hitting 1- week low

MUMBAI: The Indian rupee slid fell to its lowest in more than a week on Monday after data showing a fall in inflation in

Published 09 Jul, 2012 01:24pm

Financial

Peso down on central bank curbs, growth woes hit Asia FX

SINGAPORE: The Philippine peso fell on Monday after the central bank took steps to curb sharp gains on speculation and a

Published 09 Jul, 2012 09:50am

Financial

Euro steadies after hitting two-year low

TOKYO: The euro steadied after dropping to a two-year low against the dollar early on Monday, with little expected to em

Published 09 Jul, 2012 06:01am

Financial

A$ & NZ$ pressured by US dollar, stay strong on euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars languished at one-week lows versus a broadly firmer greenback

Published 09 Jul, 2012 05:56am

Financial

Euro under pressure in Asian trade

TOKYO: The euro remained under pressure in Asian trade Monday, after hitting two-year lows against the dollar last week,

Published 09 Jul, 2012 05:29am

Financial

Indonesia FX reserves adequate, rupiah should stay flexible: IMF

JAKARTA: Indonesia has adequate foreign exchange reserves to defend its rupiah currency from weakening too much against

Published 06 Jul, 2012 12:24pm

Financial

India's forex reserves rise to $289.99bn: RBI

MUMBAI: India's foreign exchange reserves rose to $289.99 billion as of June 29, from $288.63 billion in the previous we

Published 06 Jul, 2012 12:16pm

Financial

Aussie, NZ dollars surge to lifetime peaks on euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars flew to record peaks against the euro on Friday as rate cuts i

Published 06 Jul, 2012 12:29am

Financial

Peso rises on S&P upgrade, Asia FX mixed before ECB

SINGAPORE: The Philippine peso rose on Thursday after Standard & Poor's raised its credit rating on the country to one n

Published 05 Jul, 2012 10:29am

Financial

Yuan ends lower after weaker midpoint, awaits ECB

SHANGHAI: The yuan closed down slightly on Thursday after the People's Bank of China (PBOC) set a lower midpoint, and as

Published 05 Jul, 2012 09:38am

Financial

Yuan falls slightly after weaker midpoint, awaits ECB

SHANGHAI: The yuan fell slightly on Thursday after the People's Bank of China (PBOC) set a lower midpoint, as traders aw

Published 05 Jul, 2012 06:51am

Financial

Euro on defensive as ECB easing decision awaited

TOKYO: The euro wallowed near one-week lows on Thursday, with trading subdued in the wake of a US holiday and ahead of a

Published 05 Jul, 2012 05:21am

Financial

A$ & NZ$ hold near record highs vs euro, ECB eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near record highs versus the euro on Thursday, ahead of a

Published 05 Jul, 2012 05:16am

Financial

Euro weakens ahead of central bank meeting

TOKYO: The euro weakened against major currencies in Asian trade Wednesday before a European Central Bank policy meeting

Published 04 Jul, 2012 05:25am

Financial

India bond yields ease on hopes for debt purchases

MUMBAI: Indian federal bond yields were lower on Tuesday amid optimism that the Reserve Bank of India will announce a bo

Published 03 Jul, 2012 01:47pm

Financial

Inflows lift rupee, won, peso amid easing hopes

SINGAPORE: The Indian rupee and the South Korean won jumped against the dollar on inflows, while the Philippine peso ros

Published 03 Jul, 2012 10:27am

Financial

Euro firmer in Asia ahead of ECB policy meeting

TOKYO: The euro was firmer in Asian trade on Tuesday, after the unit pared a sharp rally late last week, with investors

Published 03 Jul, 2012 06:33am

Financial

Yuan falls on strong global dollar

SHANGHAI: The yuan fell on Tuesday in response to a stronger dollar in global markets overnight, but traders said the ce

Published 03 Jul, 2012 05:59am

Financial

Euro, USD slip on weak US data; Aussie awaits RBA

TOKYO: The euro and US dollar slipped on Tuesday after dismal data from Europe to the United States raised expectations

Published 03 Jul, 2012 05:52am

Financial

A$ & NZ$ resilient ahead of RBA rate call

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held firm on Tuesday in subdued trade as investors kept to the

Published 03 Jul, 2012 05:46am

Financial

Yuan rallies on euro zone optimism

SHANGHAI: The yuan rose to its strongest level in over a month on Monday after, tracking the strength of non-dollar curr

Published 02 Jul, 2012 05:17am

Financial

Euro takes breather after EU deal rally

SINGAPORE: The euro dipped on Monday, giving up a bit of ground after its biggest one-day rally in eight months, as inve

Published 02 Jul, 2012 05:13am

Financial

A$ & NZ$ pause after rapid rally

SYDNEY/WELLINGTON: The Australian and New Zealand dollars succumbed to a bit of profit-taking on Monday, with the Aussie

Published 02 Jul, 2012 05:09am

Financial

Euro, commodity currencies hold gains; PMIs eyed

SYDNEY: The rally in the euro and high-beta currencies took a breather on Monday as investors looked for fresh reasons t

Published 02 Jul, 2012 12:06am

Financial

Bangladesh FX reserves rise in June, likely to fall in July

DHAKA: Bangladesh's foreign exchange reserves rose to $10.36 billion at the end of June from $9.52 billion in May, which

Published 01 Jul, 2012 12:22pm

Financial

Euro jumps on EU summit deal

TOKYO: The euro surged in Asian trade on Friday after European leaders struck a deal on a $150-billion growth pact to sh

Published 29 Jun, 2012 08:31am

Financial

Yuan ends down vs dollar on strong dollar demand

SHANGHAI: Spot yuan ended down slightly against the dollar on Thursday after the People's Bank of China set a slightly w

Published 28 Jun, 2012 09:23am

Financial

Euro bounces back ahead of EU summit, ECB hopes help

TOKYO: The euro bounced off a three-week low against the US dollar on Thursday on short-covering ahead of a European Uni

Published 28 Jun, 2012 07:29am

Financial

Yuan edges down vs dollar on strong dollar demand

SHANGHAI: Spot yuan fell slightly against dollar on Thursday after the People's Bank of China set a slightly weaker midp

Published 28 Jun, 2012 07:25am

Financial

A$ & NZ$ stage surprise rally ahead of EU summit

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hit four-month highs on the euro on Thursday just ahead of a c

Published 28 Jun, 2012 07:25am

Financial

Euro up against dollar in Asia before EU summit

TOKYO: The euro rose against the dollar in Asia on Thursday as investors bought the common currency back ahead of a Euro

Published 28 Jun, 2012 05:47am

Financial

Euro steady in Asia ahead of EU summit

TOKYO: The euro traded in a narrow range in Asia on Thursday as investors looked to a European Union summit starting lat

Published 28 Jun, 2012 04:39am

Financial

Yuan ends slightly up, cheaper oil boosts dollar demand

SHANGHAI: Spot yuan ended rangebound trading slightly higher on Wednesday despite a stronger fixing by the central bank

Published 27 Jun, 2012 10:44am

Financial

Taiwan dollar up, most others off before Europe summit

SINGAPORE: The Taiwan dollar rose on Wednesday on demand from local exporters and insurers, while most emerging Asian cu

Published 27 Jun, 2012 08:06am

Financial

Yuan eases slightly, remains range-bound

SHANGHAI: Spot yuan declined slightly on Wednesday despite a stronger fixing by the central bank, as appetite for cheap

Published 27 Jun, 2012 06:07am

Financial

Euro inches up, but hopes dashed for EU summit

TOKYO: The euro inched higher on Wednesday after hitting a two-week low the previous day, but gains were halted by the d

Published 27 Jun, 2012 05:16am

Financial

A$ & NZ$ struggle a bit, Europe worries persist

SYDNEY/WELLINGTON: The Australian and New Zealand dollars clung to overnight gains on Wednesday as Asian stocks came und

Published 27 Jun, 2012 05:11am

Financial

Euro slips in Asia ahead of key EU summit

TOKYO: The euro weakened in Asia on Wednesday while the yen got a boost as traders moved into the safe haven owing to th

Published 27 Jun, 2012 04:35am

Financial

Yuan ends nearly flat as markets take breather

SHANGHAI: The yuan closed little changed in tepid trading on Tuesday as the market awaited fresh direction, while forwar

Published 26 Jun, 2012 09:43am

Financial

Yuan opens flat, trades flat as markets take breather

SHANGHAI: The yuan opened flat and stayed that way on Tuesday, as traders awaited signs of a new direction after the cur

Published 26 Jun, 2012 05:53am

Financial

Euro near 2-week low as EU summit hopes fade

TOKYO: The euro was on the defensive near a two-week low against the dollar on Tuesday on growing worries that an upcomi

Published 26 Jun, 2012 05:18am

Financial

A$ & NZ$ find support against EU jitters

SYDNEY/WELLINGTON: The Australian and New Zealand dollars found a measure of support on Tuesday as exporter and fund bid

Published 26 Jun, 2012 05:12am

Financial

Euro slips in Asian trade as debt woes mount

HONG KONG: The euro eased in Asian trade on Tuesday as currency markets digested a list of bad news for the eurozone wh

Published 26 Jun, 2012 04:55am

Financial

Indian rupee flat; RBI intervention watched

MUMBAI: The Indian rupee was largely flat in opening trade on Tuesday tracking overall caution in risk assets, with inve

Published 26 Jun, 2012 04:45am

Financial

Sri Lankan rupee at near record low; stocks down

COLOMBO: The Sri Lankan rupee traded at a near record low on Monday in thin trade and many banks stopped quoting spot pr

Published 25 Jun, 2012 12:51pm

Financial

Dollar extends recent gains, focus shifts to EU summit

TOKYO: The safe-haven dollar edged higher against a basket of major currencies on Monday, extending last week's hefty ga

Published 25 Jun, 2012 05:11am

Financial

A$, NZ$ under pressure as stocks fall

SYDNEY/WELLINGTON: The Australian and New Zealand dollars eased on Monday, pulling further away from seven-week highs se

Published 25 Jun, 2012 05:11am

Financial

Philippines 'avoids money laundering blacklist'

MANILA: The Philippines said on Saturday it had avoided an international blacklist on money laundering and terrorist fin

Published 23 Jun, 2012 07:04am

Financial

Dollar slips in Asian trade

TOKYO: The dollar slipped in Asian trade Friday following falls on Wall Street triggered by worries over global growth a

Published 22 Jun, 2012 04:33am

Financial

Yuan ends lower after trading at record distance from midpoint

SHANGHAI: The yuan closed down slightly in spot trade against the dollar on Thursday, after at one point trading at a re

Published 21 Jun, 2012 10:26am

Financial

Indian rupee near record low; RBI intervention eyed

MUMBAI: The Indian rupee fell on Thursday to its lowest since hitting a record low against the dollar on May 31, as disa

Published 21 Jun, 2012 05:28am

Financial

Yuan slips vs dollar, trades at record distance from midpoint

SHANGHAI: The yuan fell slightly against the dollar on Thursday, changing hands near the downside limit it is allowed to

Published 21 Jun, 2012 05:26am

Financial

A$, NZ$ off highs after China data disappoints

SYDNEY/WELLINGTON: The Australian and New Zealand currencies retreated from seven-week highs on Thursday after a disappo

Published 21 Jun, 2012 05:12am

Financial

A$, NZ$ off highs after China data disappoints

SYDNEY/WELLINGTON: The Australian and New Zealand currencies retreated from seven-week highs on Thursday after a disappo

Published 21 Jun, 2012 05:12am

Financial

Won leads gains; new Fed stimulus may have been priced in

SEOUL: The South Korean won hit its highest level in more than five weeks on Wednesday, leading gains among emerging Asi

Published 20 Jun, 2012 09:57am

Financial

Yuan ends lower, market at odds with PBOC on yuan value

SHANGHAI: The yuan closed slightly lower against the dollar on Wednesday after trading well below the central bank's mid

Published 20 Jun, 2012 09:23am

Financial

Yuan slips, market at odds with PBOC on yuan value

SHANGHAI: The yuan slipped against the dollar on Wednesday and traded far below the central bank's midpoint, with trader

Published 20 Jun, 2012 05:50am

Financial

Euro slips, losses limited before Fed decision

SINGAPORE: The euro eased versus the dollar but clung to much of the previous day's gains on Wednesday, with investors f

Published 20 Jun, 2012 05:25am

Financial

A$, NZ$ holds gains vs USD, Fed stimulus eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered just below six-week peaks against the greenback on Wed

Published 20 Jun, 2012 05:25am

Financial

Euro weakens in Asian trade

TOKYO: The euro weakened in Asian trade on Wednesday as worries about the eurozone continued to weigh while traders look

Published 20 Jun, 2012 04:26am

Financial

Yuan edges up vs dollar but trades far below PBOC mid-point

SHANGHAI: The yuan closed slightly higher against the dollar on Tuesday but continued a recent trend of trading far belo

Published 19 Jun, 2012 09:48am

Financial

Singapore dollar leads rebound, Asia outlook cautious

SEOUL: The Singapore dollar led a rebound among some emerging Asian currencies on Tuesday with the euro recovering some

Published 19 Jun, 2012 08:24am

Financial

Euro strengthens in Asian trade

TOKYO: The euro rose in Asian trade on Tuesday, but gains were limited after Spain's borrowing costs hit a record high a

Published 19 Jun, 2012 08:05am

Financial

Yuan steady vs dollar but trades far below PBOC mid-point

SHANGHAI: The yuan was little changed against the dollar on Tuesday but continued a recent trend of trading far below th

Published 19 Jun, 2012 07:26am

Financial

A$ & NZ$ firm on euro, RBA easing was a close call

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held firm on the euro on Tuesday as the Greek vote provided on

Published 19 Jun, 2012 04:34am

Financial

Indian rupee falls to 56/dollar, focus on intervention

MUMBAI: The Indian rupee fell to as low as 56 per dollar, near the session low of 56.04 in the previous day, as global r

Published 19 Jun, 2012 04:33am

Financial

Euro licks wounds as focus shifts from Greece to Spain

TOKYO: The euro on Tuesday recouped some losses sustained after Spain's borrowing costs spiked to euro-era highs on worr

Published 19 Jun, 2012 04:30am

Financial

Yuan closes up on euro strength, trades at strongest point since May

SHANGHAI: The yuan closed up against the dollar on Monday, trading at its highest since May 30, buoyed by a rebound in t

Published 18 Jun, 2012 10:38am

Financial

Won, ringgit lead gains after Greek vote

SEOUL: Emerging Asian currencies rose on Monday led by the South Korean won and the Malaysian ringgit as the victory of

Published 18 Jun, 2012 07:36am

Financial

Yuan up on euro strength, aligns with trade-weighted basket

SHANGHAI: The yuan edged up against the dollar on Monday, buoyed by a rebound in the euro after pro-bailout parties in G

Published 18 Jun, 2012 05:31am

Financial

A$, NZ$ cheered by Greek vote result

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hit five-week highs against the greenback on Monday as Greece

Published 18 Jun, 2012 05:00am

Financial

Euro hits 1-month high then pares gains on Greek relief

TOKYO: The euro briefly hit a one-month high against the US dollar on Monday after Greek parties supporting a bailout wo

Published 18 Jun, 2012 04:56am

Financial

India rupee gains; awaits Greece, RBI outcome

MUMBAI: The Indian rupee rallied against the dollar on Friday, tracking robust gains in domestic stocks and global risk

Published 15 Jun, 2012 01:00pm

Financial

India's forex reserves rise to $287.38bn: RBI

MUMBAI: India's foreign exchange reserves rose to $287.38 billion as of June 8, from $285.86 billion in the previous wee

Published 15 Jun, 2012 11:51am

Financial

Dollar, euro dip against yen in Asian trade

TOKYO: The dollar and euro weakened against the yen in Asian trade on Friday amid growing fears over weekend elections i

Published 15 Jun, 2012 07:25am

Financial

Dollar dips against yen in Asian trade

TOKYO: The dollar weakened against the yen in Asian trade on Friday while the euro was mixed ahead of weekend elections

Published 15 Jun, 2012 04:29am

Financial

Hong Kong set to take steps to boost offshore yuan market

HONG KONG: Hong Kong's government is set to announce measures to boost liquidity in the offshore yuan market, two sour

Published 14 Jun, 2012 06:56am

Financial

A$ & NZ$ mark time; mood cautious

WELLINGTON/SYDNEY, June 14 (Reuters) - The Australian and New Zealand dollars bided their time on Thursday as investors

Published 14 Jun, 2012 04:44am

Financial

Euro capped ahead of Italian bond auction

TOKYO: The euro was capped in Asia on Thursday after two days of gains on short covering as market players looked to Ita

Published 14 Jun, 2012 04:34am

Financial

Yuan little changed; dollar strength dominates

SHANGHAI: The yuan was little changed on Wednesday with uncertainty about the eurozone debt crisis keeping the market on

Published 13 Jun, 2012 09:22am

Financial

Euro inches down before Italian debt sale, Greek vote

TOKYO: The euro edged lower on Wednesday, t ethered to a familiar range with many investors sticking to the sidelines ah

Published 13 Jun, 2012 04:42am

Financial

Yuan little changed; dollar strength dominates

SHANGHAI: The yuan was little changed on Wednesday, as uncertainty about the eurozone debt crisis kept the market in a w

Published 13 Jun, 2012 04:40am

Financial

A$ & NZ$ edge away from resistance

WELLINGTON/SYDNEY: The Australian and New Zealand dollars inched backwards on Wednesday as Asian investors proved unwill

Published 13 Jun, 2012 04:33am

Financial

Spot yuan closes flat in low volatility

SHANGHAI: The yuan closed flat against the dollar on Tuesday in constrained volatility as traders continued to worry abo

Published 12 Jun, 2012 09:16am

Financial

Yen eases on IMF intervention comments

TOKYO: The yen fell against the dollar and euro in Asian trade Tuesday after a senior IMF official indicated that the fu

Published 12 Jun, 2012 06:40am

Financial

Indian rupee falls past 56/dollar to over one week low

MUMBAI: The Indian rupee fell past 56 on Tuesday to hit its lowest against the dollar in more than one week as part of a

Published 12 Jun, 2012 05:55am

Financial

A$ & NZ$ stung by market mood swing

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were nursing losses on Tuesday after the market's reception to

Published 12 Jun, 2012 05:11am

Financial

Spot yuan hits 7-month low vs dollar

SHANGHAI: The yuan traded at its weakest point against the dollar in seven months on Tuesday as the traders continued to

Published 12 Jun, 2012 05:08am

Financial

Euro on back foot as Spanish bank worries re emerge

TOKYO: The euro struggled to make headway on Tuesday as worries over Spain's hasty bank bailout were compounded by jitte

Published 12 Jun, 2012 05:06am

Financial

Euro weak in Asian trade on Spain bank deal doubts

TOKYO: The euro was weak in Asian trade Tuesday as optimism fizzled over a eurozone deal to save Spain's troubled banks,

Published 12 Jun, 2012 04:36am

Financial

Indian rupee, stocks fall after S&P warning

MUMBAI: The Indian rupee weakened against the dollar, while stocks slashed gains after Standard & Poor's warned India co

Published 11 Jun, 2012 09:33am

Financial

Euro gains on relief at Spain aid deal

LONDON: The euro rose on Monday after Spain secured aid for its banks, allaying some of the concerns about the country's

Published 11 Jun, 2012 08:54am

Financial

Euro jumps above $1.26 on Spain bank relief

TOKYO: The euro is poised to stage its biggest daily rally against the dollar in almost eight months o n Monday, after S

Published 11 Jun, 2012 05:05am

Financial

A$, NZ$ bolstered after Spain gets bank aid

WELLINGTON/SYDNEY: The Australian and New Zealand dollars mostly held gains against the greenback on Monday after risk s

Published 11 Jun, 2012 05:01am

Financial

Euro jumps in Asian trade after Spain bank bailout

TOKYO: The euro jumped against the dollar and yen in early Asian trade Monday after the 17-nation eurozone agreed to len

Published 10 Jun, 2012 10:52pm

Financial

Yuan up slightly as currency markets await Bernanke

SHANGHAI: The yuan rose slightly against the dollar on Thursday as the dollar continued to weaken in international curre

Published 07 Jun, 2012 06:54am

Financial

Euro firm on policy hopes, Aussie jumps on jobs data

TOKYO: The euro held firm against the dollar on Thursday, as vague hopes of more policy action, both in Europe and the U

Published 07 Jun, 2012 04:50am

Financial

A$ jumps on strong jobs data, nears parity with USD

WELLINGTON/SYDNEY: The Australian dollar climbed to three-week highs on Thursday, boosted by strong domestic jobs data w

Published 07 Jun, 2012 04:46am

Financial

Yuan weakens slightly against dollar, trading light

SHANGHAI: The yuan weakened slightly against the dollar on Wednesday in light trading, as traders awaited a policy meeti

Published 06 Jun, 2012 05:52am

Financial

Euro gains on short-covering as Australia GDP boosts sentiment

TOKYO: The euro gained on short-covering on Wednesday after riskier assets rallied following strong growth data from Aus

Published 06 Jun, 2012 05:10am

Financial

A$, NZ$ power up on strong GDP

WELLINGTON/SYDNEY: The Aussie dollar jumped one percent against the US dollar and yen on Wednesday, bolstered by surpris

Published 06 Jun, 2012 05:07am

Financial

Euro rises ahead of European Central Bank meeting

TOKYO: The euro rose against the dollar and yen in Asia on Wednesday, despite growing fears about Spain's finances, as

Published 06 Jun, 2012 04:35am

Financial

Yuan closes flat despite weaker dollar

SHANGHAI: The yuan closed flat on Tuesday after rising in morning trading as traders took advantage of a weaker dollar i

Published 05 Jun, 2012 09:38am

Financial

Euro extends rebound as bears trim bets ahead of G7 call

TOKYO: The euro extended gains to a one-week high on Tuesday as some sellers pared back their huge bets against the curr

Published 05 Jun, 2012 08:19am

Financial

Ringgit touches 8-month low, growth worries weigh

SINGAPORE: The Malaysian ringgit hit an eight-month low and the Taiwan dollar touched a four-month trough on Monday on h

Published 04 Jun, 2012 09:13am

Financial

Nervous traders sell euro in Asian trade

TOKYO: The euro slipped in Asian trade on Monday amid global growth concerns while the dollar rebounded from losses at t

Published 04 Jun, 2012 07:17am

Financial

Indian rupee at 1-week high; some see bottom

MUMBAI: The Indian rupee rose on Monday to its highest against the dollar in a week, despite a steep sell-off in global

Published 04 Jun, 2012 06:45am

Financial

Yuan flat as markets seek direction on Europe woes

SHANGHAI: The yuan was flat by midday on Monday despite a stronger midpoint fixing by the central bank, as traders waite

Published 04 Jun, 2012 06:32am

Financial

A$, NZ$ in the doldrums, RBA seen easing again

SYDNEY: The Australian and New Zealand dollars wallowed near multi-month lows on Monday as a rout in Asian stocks added

Published 04 Jun, 2012 05:57am

Financial

Euro inches down towards 2-year low after rebound

TOKYO: The euro edged back towards a two-year low against the dollar on Monday, failing to hold on to the previous sessi

Published 04 Jun, 2012 05:24am

Financial

India's FX reserves fall to $288.26bln in May 25 week

MUMBAI: India's foreign exchange reserves fell to $288.26 billion as of May 25 from $290 billion in the previous week, t

Published 01 Jun, 2012 11:54am

Financial

China and Japan begin direct currency trading

SHANGHAI: China and Japan started direct currency trading on Friday as Beijing marked another stage on its journey to fo

Published 01 Jun, 2012 05:01am

Financial

Euro sinks on eurozone fears

TOKYO: The euro, hammered by escalating eurozone fears, sank to a fresh 23-month low against the dollar in Asian trade F

Published 01 Jun, 2012 05:00am

Financial

Yuan tumbles vs dollar, heads for biggest monthly drop

SHANGHAI: The yuan slumped against the dollar on Thursday, heading for its biggest monthly drop on record, hit by a cont

Published 31 May, 2012 05:59am

Financial

Indian rupee at record low, risk aversion deepens

MUMBAI: The Indian rupee fell to a record low in opening trade on Thursday as risk aversion deepened over continued euro

Published 31 May, 2012 04:42am

Financial

A$& ND$ stung by Spain, bonds surge to new highs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were nursing heavy losses against the US dollar and yen on Thu

Published 31 May, 2012 04:37am

Financial

Euro heads for biggest drop in eight months

TOKYO: The euro was poised for its biggest drop in at least eight months as increasing likelihood of Spain needing outsi

Published 31 May, 2012 04:37am

Financial

Euro slumps in Asian trade

TOKYO: The euro continued its downward slide in Asian trade on Wednesday afternoon as fears over Europe resurfaced after

Published 30 May, 2012 06:13am

Financial

Yuan hits fresh 2012 low, slow depreciation seen

SHANGHAI: The yuan fell against the dollar on Wednesday, hitting a fresh 2012 low, as the dollar index reached its highe

Published 30 May, 2012 05:31am

Financial

A$ slips on weak retail sales, drags down NZ$

WELLINGTON/SYDNEY: The Australian dollar fell against its US counterpart on Wednesday after weaker-than-expected retail

Published 30 May, 2012 05:00am

Financial

Euro hits 2-year low, dogged by Spain's debt woes

SINGAPORE: The euro hit a fresh two-year low on Wednesday, hurt by worries about Spain's soaring borrowing costs and exp

Published 30 May, 2012 04:55am

Financial

Euro slide continues in Asian trade

TOKYO: The euro's downward slide continued in Asian trade Wednesday after Spanish borrowing rates shot up to close to da

Published 30 May, 2012 04:27am

Financial

Indian bond yields inch up; OMO hopes dwindle

MUMBAI: Indian federal bond yields inched higher on Tuesday as signs of improved cash in the banking system led to doubt

Published 29 May, 2012 02:31pm

Financial

Rupiah falls on foreign bank sales, Moody's lifts peso

SINGAPORE: The Indonesian rupiah fell on Tuesday on selling by foreign banks and month-end dollar demand from local comp

Published 29 May, 2012 08:51am

Financial

Indonesia to issue dollar term deposits to aid rupiah

JAKARTA: Indonesia's central bank said on Tuesday it will start issuing dollar term deposits in two weeks to boost suppl

Published 29 May, 2012 08:19am

Financial

Yuan slips on weak euro, yuan-yen direct trading to start

SHANGHAI: The yuan fell slightly against the dollar on Tuesday after the People's Bank of China (PBOC) set its mid-point

Published 29 May, 2012 06:53am

Financial

Euro wobbles near 2-year low, focus shifts to Spain

TOKYO: The euro wobbled near a two-year low against the dollar on Tuesday as concerns about the cost of shoring up Spain

Published 29 May, 2012 04:28am

Financial

A$ & NZ$ held back, bonds leap

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were held back on Tuesday as a surge in Spanish bond yields ja

Published 29 May, 2012 04:20am

Financial

Aussie, kiwi hold gains, but vulnerable to risk-off selling

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held gains on Tuesday, but rising Spanish borrowing costs remi

Published 28 May, 2012 11:24pm

Financial

Indian rupee gains for third session in quiet day

MUMBAI: The Indian rupee rose for a third successive session on Monday, its biggest winning streak against the dollar in

Published 28 May, 2012 12:36pm

Financial

Indian rupee slump costly for $5.5bn in convertible bonds

MUMBAI: When promising tech company Subex sold $180 million in five-year convertible bonds in March 2007 to fund the acq

Published 28 May, 2012 10:16am

Financial

Greek poll spurs short-covering, rupiah down

SINGAPORE: The Singapore dollar and the Philippine peso led a rebound among emerging Asian currencies on Monday after a

Published 28 May, 2012 08:40am

Financial

A$ & NZ$ jump 1 percent on risk rally

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced on Monday as opinion polls showing a lead for Greece's

Published 28 May, 2012 06:35am

Financial

Yuan edges up vs dollar, near-term outlook still weak

SHANGHAI: The yuan edged higher against the dollar on Monday, bouncing off a year-to-date low hit on Friday, buoyed by a

Published 28 May, 2012 05:18am

Financial

Euro firms on pro-austerity boost in Greece

TOKYO: The euro firmed against the dollar and yen in a "relief rally" in Asia Monday as opinion polls suggested Greece's

Published 28 May, 2012 04:31am

Financial

Yen-yuan direct trading to start June: reports

TOKYO: Japan and China are expected to start direct trading of their currencies as early as June as part of efforts to b

Published 26 May, 2012 05:35am

Financial

Indian rupee posts eight weekly drop; RBI intervenes

MUMBAI: The Indian rupee strengthened for a second session on Friday, continuing its recovery from record lows hit this

Published 25 May, 2012 12:31pm

Financial

Won hits 5-month low on mounting euro zone worries

SINGAPORE: Emerging Asian currencies fell on Thursday, with the South Korean touching a five-month low, as investors sou

Published 24 May, 2012 08:54am

Financial

Indian rupee hits another new record low

MUMBAI: India's rupee slid to a new all-time low against the dollar for the seventh straight day on Thursday, due to glo

Published 24 May, 2012 07:49am

Financial

Yuan hits 10-year high vs euro, but under pressure against dollar

SHANGHAI: The yuan hit its highest level against the euro in a decade on Thursday, but it fell away against the dollar a

Published 24 May, 2012 06:15am

Financial

Yuan hits 10-year high vs euro, but under pressure against dollar

SHANGHAI: The yuan hit its highest level against the euro in a decade on Thursday, but it fell away against the dollar a

Published 24 May, 2012 06:15am

Financial

Euro stuck near 22-month low on Greek exit worry

SINGAPORE/SYDNEY: The euro hovered just above its 22-month low against the dollar on Thursday and remained vulnerable to

Published 24 May, 2012 05:13am

Financial

Indian rupee hits record low, central bank cautious

MUMBAI; The Indian rupee dropped to a record low against the dollar on Wednesday, sparking mild intervention from a cent

Published 23 May, 2012 08:45am

Financial

Yuan weakens, breaks out of this year's trading range

SHANGHAI: The yuan on Wednesday broke below its established trading zone this year, succumbing to pressure to depreciate

Published 23 May, 2012 06:38am

Financial

Euro nears 21-month low on Greek worries; Aussie falls

SINGAPORE: The euro edged ever closer to hitting a 21-month low on Wednesday while the safe haven dollar reached a 20-mo

Published 23 May, 2012 05:24am

Financial

India's rupee hits new low against dollar

MUMBAIIndia's rupee hit an all-time low against the dollar for the fifth successive trading day on Tuesday amid concern

Published 22 May, 2012 02:43pm

Financial

Indian rupee hits new low against dollar

MUMBAI: India's rupee hit an all-time low against the dollar for the fifth successive trading day on Tuesday amid concer

Published 22 May, 2012 10:32am

Financial

Euro weaker after boost on Greece hopes

TOKYO: The euro weakened against the dollar and yen in Asian trade on Tuesday, after a cautious rally in New York driven

Published 22 May, 2012 06:32am

Financial

Yuan edges higher with eyes on global dollar performance

SHANGHAI: The yuan edged higher against the dollar on Tuesday as a firm euro kept banks and their clients cutting some o

Published 22 May, 2012 05:30am

Financial

LME copper gains for third day on EU summit hopes

SHANGHAI: London copper futures touched a one-week high on Tuesday, buoyed just above $7,800 by bargain hunters betting

Published 22 May, 2012 05:29am

Financial

Indian rupee sinks to new key low of 55 to dollar

MUMBAI: The Indian rupee sank to a record low for the fourth successive trading day on Monday, hitting the key level of

Published 21 May, 2012 12:38pm

Financial

Euro steady in Asian trade after G8 summit

TOKYO: The euro inched higher in Asia on Monday, after hitting four-month lows against the dollar in New York as traders

Published 21 May, 2012 05:52am

Financial

Euro bounces off 4-month low, but remains under pressure

TOKYO: The euro extended its rebound from last week's four-month low on Monday but investors remained concerned over the

Published 21 May, 2012 05:22am

Financial

'Free-falling' Indian rupee hits new lows

MUMBAI: India's central bank promised on Friday to use "all its available tools" to stabilise the rupee, which sank to a

Published 18 May, 2012 01:18pm

Financial

Indian rupee hits new low

MUMBAI: The Indian rupee measures new depths on Friday, sinking to a record low against the dollar for the third success

Published 18 May, 2012 06:05am

Financial

Euro bounces off lows in Asian trade

TOKYO: The euro strengthened against the dollar in Asia on Thursday after tumbling to a four-month low on rising concern

Published 17 May, 2012 07:28am

Financial

Euro off 4-month low, but Greek exit fears unabated

TOKYO: The euro inched up on Thursday after plunging to a four-month low the day before, but the move was seen as tempor

Published 17 May, 2012 06:38am

Financial

Worries for India rise as rupee hits record low

MUMBAI: India's rupee hit a record low against the dollar on Wednesday and stocks fell nearly two percent, as uncertaint

Published 16 May, 2012 08:50am

Financial

Indian rupee hits record low against dollar

MUMBAI: India's rupee hit a record low against the dollar on Wednesday, dragged down by escalating fears over the eurozo

Published 16 May, 2012 08:09am

Financial

Euro hits four month low against dollar

TOKYO: The euro tumbled in Asian trade on Wednesday to its lowest level against the US dollar in four months, amid risin

Published 16 May, 2012 07:56am

Financial

Short-covering lifts Asia FX, RBI boosts rupee

SINGAPORE: The Indian rupee rose on central bank buying, leading a rebound among emerging Asian currencies on Tuesday as

Published 15 May, 2012 09:13am

Financial

Euro stable in Asian trade amid Greece fears

TOKYO: The euro was stable in Asian trade Tuesday after dipping overnight amid fears over a political stalemate in Greec

Published 15 May, 2012 06:34am

Financial

India's rupee hits record closing low vs dollar

MUMBAI:India's rupee sank to a record closing low of 53.92 against the dollar Monday, dragged down by weak domestic econ

Published 14 May, 2012 02:14pm

Financial

Indonesia raises 775bn rupiah in debt auction

JAKARTA: Indonesia only raised 775 billion rupiah ($84.33 million) in a debt auction on Monday after aiming for sales of

Published 14 May, 2012 12:40pm

Financial

Yuan ends up slightly higher, market eyes dollar strength

SHANGHAI: The yuan ended a touch higher against the dollar on Friday, buoyed by client dollar sales late in the session,

Published 11 May, 2012 10:04am

Financial

Yuan eases, market eyes dollar strength

SHANGHAI: The yuan eased against the dollar on Friday, set for a slight weekly fall as attention shifted to the possibil

Published 11 May, 2012 05:46am

Financial

China money rates fall on expectation of ample supply

SHANGHAI: China's money rates extended falls on Friday on ample supply and after the People's Bank of China signalled it

Published 11 May, 2012 05:45am

Financial

Aussie, kiwi dollars off lows, China eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held above four-month lows versus the US dollar on Friday, but

Published 11 May, 2012 04:43am

Financial

India rupee lower; central bank moves watched

MUMBAI: The Indian rupee opened lower against the dollar on Friday as renewed concerns about the euro zone hurt riskier

Published 11 May, 2012 04:33am

Financial

Euro slips on Greek turmoil

TOKYO: The euro remained under pressure Friday as investors kept a close eye on political turmoil in debt-hit Greece, wi

Published 11 May, 2012 03:33am

Financial

Aussie dollar firmer on upbeat jobs data, kiwi follows

WELLINGTON/SYDNEY: The Australian dollar staged a bit of a bounce on Thursday after a surprisingly upbeat jobs report ea

Published 10 May, 2012 04:43am

Financial

Euro firms in Asian trade despite Europe concerns

TOKYO: The euro held firm against the dollar and yen in Asian trade on Thursday after dropping overnight amid concerns a

Published 10 May, 2012 03:49am

Financial

Aussie, kiwi weaken further, Greek woes raise risk aversion

WELLINGTON/SYDNEY: The Australian and New Zealand dollars plumbed their weakest against the greenback in roughly four mo

Published 09 May, 2012 10:33pm

Financial

Euro rebound stalls after post-elections low

TOKYO: The euro moved narrowly against the dollar and yen in Asia on Tuesday after bouncing off lows in New York as inve

Published 08 May, 2012 06:18am

Financial

Aussie, kiwi claw back as euro shakes off post-vote losses

WELLINGTON/SYDNEY: The Australian and New Zealand dollars clawed back from four-month lows against the US dollar on Tues

Published 07 May, 2012 11:50pm

Financial

European elections hit Asia FX, won leads losses

SINGAPORE: Most emerging Asian currencies fell on Monday as the outcome of elections in Greece and France reignited worr

Published 07 May, 2012 12:35pm

Financial

Euro punished after France, Greece elections

TOKYO: The euro sank in value on Monday as the electoral defeat of ruling parties in France and Greece stoked anxiety in

Published 07 May, 2012 08:04am

Financial

Euro falls in Asian markets after France, Greece elections

TOKYO: The Euro fell on Monday in Asian markets after the defeat of ruling parties in French and Greek elections, as inv

Published 07 May, 2012 06:31am

Financial

Aussie, kiwi hit 4-mth lows, track euro lower

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hit four-month lows against the greenback on Monday, tracking

Published 06 May, 2012 10:58pm

Financial

New Zealand dollar hits near 4-mth low vs USD

WELLINGTON: The New Zealand dollar hit a near four-month low against the US dollar on Monday, extending losses due to we

Published 06 May, 2012 09:50pm

Financial

India eases FX inflows after rupee skids

MUMBAI: India's central bank announced measures on Friday to bolster foreign currency inflows following a sharp fall in

Published 04 May, 2012 02:50pm

Financial

Vietnam to cap some lending rates at 15pc

HANOI: Vietnam will cap rates of lending to businesses in four categories of production at 15 percent from Tuesday, afte

Published 04 May, 2012 01:30pm

Financial

Turkish central bank injects 3bn lira in intraday repo auction

ISTANBUL: The Turkish Central Bank injected 3 billion lira ($1.70 billion) into the market in a one-week intraday repo a

Published 04 May, 2012 10:17am

Financial

Upbeat European Central Bank forecast lifts euro

SINGAPORE: The euro edged up against the dollar in Asia on Friday as traders took heart from European Central Bank forec

Published 04 May, 2012 05:50am

Financial

Sri Lanka rupee rises 0.8pc on exporter dollar selling

COLOMBO: The Sri Lankan rupee ended 0.8 percent firmer on Thursday as exporters converted dollars, fearing the local cur

Published 03 May, 2012 12:27pm

Financial

Profit-taking weighs on Asia FX, downside limited

SINGAPORE: Most emerging Asian currencies eased on Thursday as investors took profits, trimming risky assets after gloom

Published 03 May, 2012 09:09am

Financial

South Africa's rand holds firm, bonds edge higher

JOHANNESBURG: South Africa's rand held firm against the dollar on Thursday and government bonds ticked up in early trade

Published 03 May, 2012 08:05am

Financial

NZD near 3-month lows as rate cut seen, caution ahead of ECB

WELLINGTON/SYDNEY: The New Zealand dollar slipped on Thursday after an unexpected jump in the country's jobless rate pro

Published 03 May, 2012 06:23am

Financial

Yuan slightly weaker, market stays range-bound

SHANGHAI: China's yuan opened slightly weaker on Thursday following three consecutive trading days of record-high settin

Published 03 May, 2012 05:53am

Financial

Euro and kiwi retreat on weak data; ECB eyed

SINGAPORE/SYDNEY: The euro wallowed near two-week lows against the greenback on Thursday, having fallen sharply overnigh

Published 03 May, 2012 04:14am

Financial

India state-run banks likely selling dollars for RBI dealers

MUMBAI: Indian state-run banks were seen selling dollars in the foreign exchange market after the rupee fell below 53 to

Published 02 May, 2012 07:41am

Financial

Dollar bounces back after US manufacturing surprise

TOKYO: The dollar bounced back on Wednesday from 2-1/2-month lows against the Japanese yen after upbeat US manufacturing

Published 02 May, 2012 04:06am

Financial

Aussie & NZ dollars softer ahead of RBA rate review

WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost a little ground as soft US data and a recession in Spain

Published 30 Apr, 2012 10:01pm

Financial

Taiwan dollar drives Asia FX higher, but more gains doubted

SINGAPORE: The Taiwan dollar hit a near eight-month high on Monday, leading gains among its Asian peers, as weaker US gr

Published 30 Apr, 2012 11:25am

Financial

Euro down in Asia on election jitters

SINGAPORE: The euro lost ground against the dollar in Asia on Monday as wary traders withdrew their money from Europe af

Published 30 Apr, 2012 05:44am

Financial

Dollar rises after Bank of Japan monetary easing

TOKYO: The dollar rose against the yen in Asian trade on Friday after the Bank of Japan (BoJ) announced more extensive m

Published 27 Apr, 2012 06:00am

Financial

Yuan midpoint at record high, but spot prices stay flat

SHANGHAI: China's central bank set a record high midpoint for the dollar-yuan exchange rate on Friday, for the second co

Published 27 Apr, 2012 05:31am

Financial

Taiwan dollar leads Asia FX gains; BoJ boosts

SINGAPORE: The Taiwan dollar hit a seven-month high on Friday as exporters and foreign investors bought it in the absenc

Published 27 Apr, 2012 05:26am

Financial

Yen slips after BoJ easing, Spain downgrade dents euro

TOKYO: The yen slipped on Friday after the Bank of Japan eased monetary policy, going slightly beyond market expectation

Published 27 Apr, 2012 05:19am

Financial

Aussie & NZ dollars shrug off Spanish downgrade, BoJ imminent

WELLINGTON/SYDNEY: The Australian and New Zealand dollars proved resilient to a surprise ratings downgrade for Spain on

Published 27 Apr, 2012 04:41am

Financial

Euro stung by Spain downgrade, yen looks to BoJ

SYDNEY/TOKYO: The euro was bruised on Friday after Standard & Poor's hit Spain with a two-notch credit rating downgrade,

Published 27 Apr, 2012 04:33am

Financial

Dollar firmer ahead of Bank of Japan meeting

TOKYO: The dollar was firmer against other major currencies in Asian trade on Friday as investors looked to a Bank of Ja

Published 27 Apr, 2012 03:53am

Financial

Kiwi bulls undaunted by RBNZ, Aussie aided by Fed

WELLINGTON/SYDNEY: The New Zealand dollar held its ground on Thursday as investors shrugged off another warning from a d

Published 26 Apr, 2012 07:03am

Financial

China money rates steady, regulators inject cash

SHANGHAI: China's short-term money rates rose slightly on Thursday due to a lingering tightness in liquidity at the end

Published 26 Apr, 2012 05:49am

Financial

Dollar steady ahead of Bank of Japan meeting

TOKYO: The dollar was steady against other major currencies in Asian trade on Thursday as investors looked to a Bank of

Published 26 Apr, 2012 04:01am

Financial

Kiwi up on RBNZ short-covering, Aussie aided by Fed

WELLINGTON/SYDNEY: The New Zealand dollar hopped briefly higher on Thursday amid a mild recovery in risk sentiment, even

Published 25 Apr, 2012 11:00pm

Financial

Yuan closes up, breaks out of 3 day range

SHANGHAI: China's yuan closed up against the dollar on Wednesday following a stronger fixing by the central bank, tradin

Published 25 Apr, 2012 10:04am

Financial

Euro inches higher in Asian trade

TOKYO: The euro inched higher in Asian trade on Wednesday as traders watched for signs of monetary easing from the US Fe

Published 25 Apr, 2012 05:53am

Financial

Indian rupee extends falls, hits 3-1/2 month low

MUMBAI: The Indian rupee hit a three-and-half month low on Tuesday, continuing to build losses as the lack of any clear

Published 24 Apr, 2012 12:31pm

Financial

Euro inches lower in Asian trade

TOKYO: The euro inched lower in Asian trade on Tuesday amid political uncertainty in Europe, while the yen gained some g

Published 24 Apr, 2012 05:25am

Financial

Euro subdued, Aussie eyes inflation data

SYDNEY: The euro struggled to make much headway in Asia on Tuesday, having suffered a setback overnight on renewed worri

Published 24 Apr, 2012 12:11am

Financial

Aussie & NZ dollars slip on euro zone woes, CPI awaited

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were under pressure on Tuesday as political woes in Europe sho

Published 23 Apr, 2012 11:30pm

Financial

Asian FX slightly up; caution before Fed, BoJ meetings

SINGAPORE: Emerging Asian currencies were flat to slightly stronger on Monday, as the International Monetary Fund's deci

Published 23 Apr, 2012 05:38am

Financial

Yuan midpoint stronger, mild volatility endures

SHANGHAI: China's yuan strengthened slightly on Monday after the central bank set a stronger midpoint, but banks remaine

Published 23 Apr, 2012 04:45am

Financial

Yuan midpoint stronger, mild volatility endures

SHANGHAI: China's yuan strengthened slightly on Monday after the central bank set a stronger midpoint, but banks remaine

Published 23 Apr, 2012 04:45am

Financial

Aussie & NZ dollars softer, nervous before China data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nudged lower on Monday as a very soft reading on producer infl

Published 23 Apr, 2012 04:29am

Financial

Euro takes a breather, IMF provides little boost

TOKYO: The euro retreated from two-week highs against the dollar on Monday, pausing after its best weekly performance si

Published 23 Apr, 2012 04:08am

Financial

Euro inches up on IMF debt fund boost

TOKYO: The euro rose in Asia on Friday after the head of the International Monetary Fund said the global lender was like

Published 20 Apr, 2012 08:18am

Financial

JGBs on ice awaiting next week's BOJ easing decision

TOKYO: Japanese government bond prices were nearly unchanged on Friday, with the benchmark 10-year bond hovering just ab

Published 20 Apr, 2012 07:32am

Financial

Spain worries weigh on Asia FX, won intervention suspected

SINGAPORE: Most emerging Asian currencies edged down on Thursday, pressured by sustained worries over the euro zone debt

Published 19 Apr, 2012 12:42pm

Financial

Yuan down slightly; still no test of widened trading band

SHANGHAI: China's yuan edged down on Thursday, guided by a weaker central bank midpoint, but the currency remained solid

Published 19 Apr, 2012 07:08am

Financial

Aussie & kiwi firm, caution ahead of Spain

SYDNEY/WELLINGTON: The Australian and New Zealand dollars firmed on Thursday and climbed on the yen as hopes for an easi

Published 19 Apr, 2012 04:48am

Financial

Yen pressured by Japan importers; Aussie up on China

TOKYO: The yen eased broadly on Thursday after commodity currencies got a boost on hopes China will soon ease policy, an

Published 19 Apr, 2012 04:37am

Financial

Euro inches up ahead of G20 debt-crisis talks

TOKYO: The euro inched higher against major currencies inAsia on Thursday as traders looked to a G20 meeting focused on

Published 19 Apr, 2012 03:59am

Financial

New Zealand dollar briefly jumps vs USD

WELLINGTON: The New Zealand dollar briefly jumped to a session high against the US dollar on Thursday, with market parti

Published 18 Apr, 2012 10:55pm

Financial

Safe haven yen lower in Asian trade

TOKYO: The yen fell against the dollar and euro in Asian trade on Wednesday as risk sentiment shifted on easing worries

Published 18 Apr, 2012 05:46am

Financial

Aussie up on risk demand, kiwi soured by dairy prices

SYDNEY/WELLINGTON: The Australian and New Zealand dollar held handy gains on Wednesday after a tempering in concerns abo

Published 17 Apr, 2012 10:50pm

Financial

Sri Lanka rupee dips on importer dollar demand

COLOMBO: Sri Lanka's rupee weakened on Tuesday on importer dollar demand and the market expects a further depreciation n

Published 17 Apr, 2012 01:06pm

Financial

Singapore dollar, won lead Asia FX lower; Spain debt eyed

SINGAPORE: The Singapore dollar and the South Korean won led a slide among emerging Asian currencies as investors avoide

Published 17 Apr, 2012 10:59am

Financial

Euro lower on concerns over Spanish debt

TOKYO: The euro edged lower in Asian trade on Tuesday amid growing concerns over Spain's sovereign debt outlook ahead of

Published 17 Apr, 2012 07:08am

Financial

Europe woes hit Asia FX; yuan weakness hurts

SINGAPORE: Emerging Asian currencies slid on Monday hit by renewed euro zone worries, which are likely to pull regional

Published 16 Apr, 2012 11:38am

Financial

Indian rupee hits 3-month low; intervention seen possible

MUMBAI: The Indian rupee fell to its weakest in three months on Monday, leading traders to brace for possible interventi

Published 16 Apr, 2012 05:43am

Financial

Dollar falls to 7- week low vs yen, European debt in focus

TOKYO: The yen rose broadly on Monday, hitting a 7-week high against the US dollar at 80.44, as investors piled back int

Published 16 Apr, 2012 05:42am

Financial

Asia FX down after China yuan band widening; euro woes hit

SINGAPORE: Emerging Asian currencies fell against the dollar on Monday as China's move to double the yuan's trading band

Published 16 Apr, 2012 05:25am

Financial

Yuan weakens after PBOC widens trading band

SHANGHAI: The yuan weakened early on Monday, trading more than 0.3 percent weaker than the central bank's mid-point afte

Published 16 Apr, 2012 04:38am

Financial

Indian rupee falls on risk aversion

MUMBAI: The Indian rupee fell in opening trades on Monday as a surge in Spanish yields reignited worries over Europe's d

Published 16 Apr, 2012 04:19am

Financial

Euro falls in Asian trade

TOKYO: The euro fell against other major currencies on stop-loss sales in Asian trade on Monday, while China's decision

Published 16 Apr, 2012 03:51am

Financial

Euro pressured as debt worries fester

SYDNEY: The euro eased to fresh one-week lows against the dollar on Monday, extending a broad pullback started late last

Published 15 Apr, 2012 11:35pm

Financial

US, IMF welcome China move on yuan trading band

BEIJING: The US and the IMF welcomed China's decision to widen the trading band on the nation's currency, while analysts

Published 15 Apr, 2012 06:20am

Financial

China to widen yuan trading band against dollar

BEIJING: China's central bank said Saturday it would widen the yuan's trading band against the dollar following intern

Published 14 Apr, 2012 03:40am

Financial

Euro, yen slip amid weaker Chinese economic data

TOKYO: The euro and yen slipped against the dollar in Asian trade Friday as traders reacted to slower than expected Chin

Published 13 Apr, 2012 06:24am

Financial

Singapore dollar up before central bank, Asia FX eyes on China

SINGAPORE: The Singapore dollar rose on Thursday as some investors bet on a possible hawkish stance by the central bank

Published 12 Apr, 2012 10:47am

Financial

Aussie dollar jumps on upbeat jobs data; NZD lags

SYDNEY/WELLINGTON: The Australian dollar climbed to its highest in a week against the greenback on Thursday and gained o

Published 12 Apr, 2012 04:43am

Financial

Yen off highs after ECB calms markets; Aussie jumps

TOKYO: The safe-haven yen pulled away from multi-week peaks against major currencies on Thursday after the European Cent

Published 12 Apr, 2012 04:33am

Financial

Indian rupee higher on better risk appetite

MUMBAI: The Indian rupee rose in opening trades on Thursday as risk taking improved after concerns eased about a funding

Published 12 Apr, 2012 04:32am

Financial

Euro holds firm on shrinking debt worries

TOKYO: The euro firmed against the dollar and yen in Asian trade Thursday as fears overEurope's debt problems eased foll

Published 12 Apr, 2012 04:19am

Financial

Yen surges against dollar on renewed worries

TOKYO: The yen firmed against the dollar in Asian trade on Wednesday, as rekindled worries about the eurozone debt crisi

Published 11 Apr, 2012 06:55am

Financial

Indian cash rate eases on signs of improving liquidity

MUMBAI: India's inter-bank call money rate eased on Tuesday on signs of an improvement in liquidity tightness in the ban

Published 10 Apr, 2012 05:10pm

Financial

Yen sags pending monetary announcement

TOKYO: The yen lost ground against the dollar and euro in Asian trade on Tuesday as investors waited for the outcome of

Published 10 Apr, 2012 07:45am

Financial

Aussie & NZ dollars hold gains, await Fed talk

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to hold modest gains on the greenback early on Tuesd

Published 09 Apr, 2012 10:13pm

Financial

Sri Lanka rupee edges higher after rate hike

COLOMBO: Sri Lanka's rupee edged up 0.2 percent on Monday, helped by lower importer dollar demand after the central bank

Published 09 Apr, 2012 01:53pm

Financial

Indian cash rate up on robust demand

MUMBAI: The Indian cash rate edged up on Monday on demand for funds at the start of a new two-week reporting cycle, with

Published 09 Apr, 2012 12:33pm

Financial

Euro sags, yen jumps in Asian trade

TOKYO: The euro sagged against other major currencies in Asian trade Monday, as risk-averse investors flocked to the saf

Published 09 Apr, 2012 06:31am

Financial

Yuan little changed, market awaits Tuesday trade data

SHANGHAI: The yuan was little changed on Monday as the Easter holiday in some markets damped trading volumes, while some

Published 09 Apr, 2012 06:14am

Financial

Dollar hits 1-month low vs yen after US jobs data

SINGAPORE: The dollar hit a one-month low versus the yen on Monday, extending losses after last week's lower-than-expect

Published 09 Apr, 2012 04:05am

Financial

Dollar hits 1-month low vs yen after weak jobs data

SINGAPORE: The dollar hit a one-month low versus the yen on Monday, extending losses after last week's lower-than-expect

Published 09 Apr, 2012 01:16am

Financial

S.Korea won falls on US data, N.Korea worries; bonds up

SEOUL: The South Korean won fell on Monday to its lowest in a week and a half, weighed down by weaker-than-expected US M

Published 09 Apr, 2012 12:46am

Financial

China money rates rise as firms prepare taxes

SHANGHAI: China's short-term borrowing rates climbed on Friday, with the benchmark seven-day repo rate up 25 basis point

Published 06 Apr, 2012 12:26pm

Financial

Sri Lanka rupee slips on importer dollar demand

COLOMBO: Sri Lanka's rupee slipped on Thursday on late importer dollar demand a nd dealers expect that the currency may

Published 05 Apr, 2012 03:25pm

Financial

Yuan dips on dollar demand; expected to stay in range

SHANGHAI: The yuan dropped slightly on Thursday, pressured by a weaker fixing from the central bank and customer demand

Published 05 Apr, 2012 05:52am

Financial

Euro, Aussie nurse losses after sell-off, still vulnerable

TOKYO/SYDNEY: The euro hovered within shouting distance of a three-week trough on the yen and the dollar on Thursday, wh

Published 05 Apr, 2012 04:18am

Financial

Aussie and NZ dollars pressured as risk sentiment sours

SYDNEY/WELLINGTON: T he Australian dollar was languishing near multi-week lows against the greenback and yen on Thursday

Published 04 Apr, 2012 10:15pm

Financial

Dollar rises as Aussie falls on weak trade data

SINGAPORE: The dollar hit a one-week high against a basket of currencies on Wednesday, getting a boost as the Australian

Published 04 Apr, 2012 04:25am

Financial

Dollar, euro slip as eurozone worries rekindle

TOKYO: The dollar eased in Asian trade on Tuesday while the euro was under pressure against the yen as weak eurozone man

Published 03 Apr, 2012 06:18am

Financial

Indian rupee hits 2-week high in 2012/13 trade

MUMBAI: The Indian rupee climbed to its strongest level in nearly two weeks on Tuesday, the first session of the new fin

Published 03 Apr, 2012 05:17am

Financial

Yen hits 3-week high on stop-loss buying, short-covering

TOKYO: The yen hit a three-week high on Tuesday on a flurry of stop-loss buying that kicked in after investors cut back

Published 03 Apr, 2012 04:13am

Financial

Sri Lanka rupee edges down on importer dollar buying

COLOMBO: Sri Lanka's rupee edged down on Monday on last-minute importer dollar demand for the upcoming new year season,

Published 02 Apr, 2012 01:15pm

Financial

Myanmar starts new currency regime

YANGON: Myanmar's central bank on Monday began a managed flotation of its currency, the kyat, as part of an overhaul of

Published 02 Apr, 2012 06:46am

Financial

A$ & NZ$ get limited lift from China, RBA in focus

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to sustain early gains on Monday as markets were on

Published 02 Apr, 2012 06:36am

Financial

Yen eases, Aussie jumps as China data cheers

SYDNEY/SINGAPORE: The safe-haven yen eased on Monday, while the Australian dollar jumped after surprisingly strong Chine

Published 02 Apr, 2012 04:02am

Financial

Euro rebounds in Asian trade

TOKYO: The euro rebounded against the dollar and yen in Asia on Friday after slipping against the greenback in New York

Published 30 Mar, 2012 07:47am

Financial

Aussie stung by China concerns, yen whiplash

SYDNEY/WELLINGTON: The Australian dollar clawed back losses on Friday as investors picked up the currency on the cheap a

Published 29 Mar, 2012 11:17pm

Financial

India rupee falls most in a day in over 3 months

MUMBAI: The Indian rupee posted its biggest single session loss in more than 3 months on Thursday on the back of persist

Published 29 Mar, 2012 01:54pm

Financial

A$, NZ$ licking their wounds in Asia

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing losses across the board on Thursday as investors

Published 29 Mar, 2012 05:35am

Financial

Yen firms up, but year-end support seen waning

TOKYO: The yen was a shade stronger across the board on Thursday but could see renewed pressure as buying linked to Japa

Published 29 Mar, 2012 04:40am

Financial

Yuan slips; PBOC signals pullback after record mid-point

SHANGHAI: The yuan edged lower against the dollar on Wednesday, while the People's Bank of China (PBOC) fixed a slightly

Published 28 Mar, 2012 06:01am

Financial

Myanmar to float currency next month

YANGON: Myanmar announced Wednesday an overhaul of its antiquated currency system as part of burgeoning reforms to moder

Published 28 Mar, 2012 05:25am

Financial

Yen supported by Japanese exporter flows

TOKYO/SINGAPORE: The yen inched higher against the dollar on Wednesday, supported by seasonal flows from Japanese export

Published 28 Mar, 2012 04:14am

Financial

Aussie & kiwi dollars slip, RBA awaited

SYDNEY/WELLINGTON: The Australian and New Zealand dollars slipped versus a broadly recovering US dollar on Wednesday, as

Published 27 Mar, 2012 09:03pm

Financial

Rupee, won lead Asia FX higher on Bernanke remarks

SINGAPORE: The Indian rupee and the South Korean won led gains in emerging Asian currencies on Tuesday, fueled by hopes

Published 27 Mar, 2012 08:21am

Financial

Yuan edges up but trades weaker than PBOC's midpoint

SHANGHAI: The yuan rose slightly against the dollar on Tuesday but was trading much weaker than the midpoint fixed by th

Published 27 Mar, 2012 05:16am

Financial

Dollar stung by dovish Fed, hovers near 1-month low

SINGAPORE/SYDNEY: The dollar held near a near one-month low against a basket of major currencies on Tuesday after Federa

Published 27 Mar, 2012 04:14am

Financial

Indian rupee dives to 2-month low on robust dollar demand

MUMBAI: The Indian rupee slid to its weakest level in more than two months on Monday on heavy dollar buying from oil imp

Published 26 Mar, 2012 01:59pm

Financial

Indian cash rate stays high; liquidity deficit at record

MUMBAI: The Indian overnight cash rate eased off the day's high, but still remained at elevated levels on Monday, amid a

Published 26 Mar, 2012 01:07pm

Financial

Yen broadly weaker as importers sell after rise

TOKYO: The dollar bounced off a 10-day low against the yen on Monday, scooped up on the dip byJapanimporters after it fo

Published 26 Mar, 2012 04:16am

Financial

Dollar mixed in Asia

TOKYO: The dollar was mixed in Asian trade on Friday as dealers await fresh US data to be released later in the day, aft

Published 23 Mar, 2012 07:42am

Financial

Aussie & kiwi dollars struggle with global growth

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled around two-month lows against the US dollar early Fr

Published 22 Mar, 2012 09:48pm

Financial

Euro hit by recession worries, Aussie tumbles on China data

NEW YORK: The euro slumped on Thursday after a fall in manufacturing in the euro zone's two largest economies and China

Published 22 Mar, 2012 06:00pm

Financial

Yuan edges up, midpoint set slightly higher at key level

SHANGHAI: The yuan ended slightly stronger versus the dollar on Thursday after the People's Bank of China (PBOC) set its

Published 22 Mar, 2012 08:19am

Financial

A$ hits 2-month low on weak China data; Europe PMIs eyed

TOKYO: The Australian dollar dropped to a two-month low on Thursday after data showed China's manufacturing activity shr

Published 22 Mar, 2012 04:44am

Financial

Ringgit breaches support on acquisition flows, Asia FX down

SINGAPORE: The ringgit led a slide among emerging Asian currencies on Wednesday, staying weaker than a technical support

Published 21 Mar, 2012 12:37pm

Financial

Asian FX dips on importers, high US bond yields

SINGAPORE: Most emerging Asian currencies slid on Tuesday as short-term investors cut positions on higher US Treasury yi

Published 20 Mar, 2012 12:41pm

Financial

Yen hits five-month lows on euro; dollar steady

SYDNEY: The yen was on the defensive in Asia on Monday with the euro reaching a fresh five-month high against the Japane

Published 19 Mar, 2012 04:32am

Financial

Yuan could be reserve currency with reform: IMF

BEIJING: China's yuan could become a reserve currency in future if the country undertakes further economic reform, Inter

Published 18 Mar, 2012 08:40am

Financial

Indian rupee strengthens before budget

MUMBAI: The Indian rupee firmed on Friday as global risk-taking improved, but traders said the currency would come under

Published 16 Mar, 2012 05:31am

Financial

Importer dollar demand drags Sri Lanka rupee to record low

COLOMBO: Sri Lanka's rupee hit a new record low of 125.20 on Thursday as a lack of dollar liquidity amid importer demand

Published 15 Mar, 2012 02:16pm

Financial

Dollar keeps rising on US economic optimism, higher yields

TOKYO: The dollar hit a fresh 11-month high against the yen and a one-month peak against the euro in Asia on Thursday, s

Published 15 Mar, 2012 08:31am

Financial

Aussie hits 10-month high on yen, bond yields jump

WELLINGTON/SYDNEY: The Australian dollar scaled a 10-month peak on the yen and bounced on the US dollar on Thursday, whi

Published 15 Mar, 2012 06:14am

Financial

Dollar powers ahead on US economic optimism, higher yields

TOKYO: The dollar hit a fresh 11-month high against the yen and a one-month peak against the euro in Asia on Thursday, s

Published 15 Mar, 2012 04:22am

Financial

Asia FX falls on Fed, yuan; ringgit tries to clear support

SINGAPORE: Most emerging Asian currencies fell on Wednesday as the Federal Reserve refrained from offering signals on mo

Published 14 Mar, 2012 08:45am

Financial

Yuan falls 0.68 pct this month as PBOC widens trading range

SHANGHAI: The yuan fell versus the dollar on Wednesday, and has weakened 0.68 percent this month as the People's Bank of

Published 14 Mar, 2012 07:16am

Financial

A$ & NZ$ struggle vs USD; bonds fall as stocks jump

SYDNEY : The Australian and New Zealand dollars struggled to make any headway against a broadly firmer greenback on We

Published 14 Mar, 2012 06:07am

Financial

Dollar stronger across the board, hits 11-month high vs yen

TOKYO: The dollar hit an 11-month high against the yen on Wednesday, building on its broad gains after a modest brighten

Published 14 Mar, 2012 04:30am

Financial

Yen rises after Bank of Japan policy meeting

TOKYO: The yen rose against the dollar and euro in Asia on Tuesday after the Japanese central bank kept interest rates u

Published 13 Mar, 2012 09:00am

Financial

Aussie, NZ dollars soft and steady ahead of Fed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were sitting lower against the US dollar on Tuesday, with do

Published 12 Mar, 2012 09:34pm

Financial

Dollar holds gains post-jobs data; Fed, BOJ eyed

SYDNEY: The dollar hovered around three-week highs against a basket of major currencies in Asia on Monday, having gained

Published 12 Mar, 2012 05:18pm

Financial

Ringgit, Singapore dollar lead Asia FX lower

SINGAPORE: The Malaysian ringgit and the Singapore dollar led declines in emerging Asian currencies on Monday on views t

Published 12 Mar, 2012 09:11am

Financial

Yen firms against dollar and euro in Asian trade

TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday after better-than-expected data for Japanese

Published 12 Mar, 2012 07:47am

Financial

Dollar hits one-month high vs euro after jobs data

SINGAPORE: The dollar hit its highest level in nearly a month versus the euro on Monday after last week's upbeat jobs da

Published 12 Mar, 2012 07:13am

Financial

Indian rupee falls on oil refiners; IIP data eyed

MUMBAI: The Indian rupee fell on Monday as aggressive dollar purchases from local oil refiners offset the impact from ri

Published 12 Mar, 2012 05:26am

Financial

Aussie, NZ dollar soft on weak Asian stocks, China

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nudged lower on Monday, weighed by weaker Asian bourses follow

Published 12 Mar, 2012 04:53am

Financial

Indian rupee ends up; further gains seen limited

MUMBAI: The Indian rupee strengthened on Friday aided by local share gains on improved global risk appetite, but analyst

Published 09 Mar, 2012 02:42pm

Financial

Yuan ends up vs dollar, moves in wider range on PBOC

SHANGHAI: The yuan ended up slightly versus the dollar on Friday after the People's Bank of China allowed the yuan's mid

Published 09 Mar, 2012 12:23pm

Financial

Euro rangebound as markets awaits Greek results

TOKYO: The euro was rangebound in Asia on Friday as investors waited for the formal announcement on a Greek debt swap an

Published 09 Mar, 2012 06:39am

Financial

Won up as intervention fears ease; rupiah down as cbank stands pat

SINGAPORE: Most emerging Asian currencies rose on Thursday on hopes that Greece will clinch a bond-swap deal and on heal

Published 08 Mar, 2012 09:17am

Financial

Yuan slips, midpoint sees biggest 4-day fall since August 2010

SHANGHAI: The yuan fell slightly versus the dollar on Thursday after the People's Bank of China set a weaker midpoint fo

Published 08 Mar, 2012 06:26am

Financial

Yen hurt by Japan current account, Aussie down on jobs data

TOKYO: The yen dipped against the dollar on Thursday in a knee-jerk reaction to data showing Japan's current account swu

Published 08 Mar, 2012 04:26am

Financial

Euro off lows as Greek debt deal, ECB loom

SYDNEY: The dollar was on the defensive in Asia on Thursday, while the euro and commodity currencies saw some reprieve f

Published 07 Mar, 2012 11:03pm

Financial

Greek woes drag on Asia FX, weak bond sale hits rupiah

SINGAPORE: Most emerging Asian currencies slid on Wednesday as investors cut holdings in risky assets due to fresh doubt

Published 07 Mar, 2012 09:34am

Financial

Euro edges up after reducing Greek worries

TOKYO : The euro edged up against the dollar and yen in Asia on Wednesday after plunging overnight on worries over the

Published 07 Mar, 2012 07:12am

Financial

Indian rupee slides to 7-week low on importers

MUMBAI: The Indian rupee continued to weaken for the fifth consecutive session on Wednesday, sliding to a seven-week low

Published 07 Mar, 2012 06:21am

Financial

Risk currencies on defensive on fresh Greece doubts

TOKYO: Risk currencies were on the defensive while the Japanese yen held firm on Wednesday as doubts over whether Greece

Published 07 Mar, 2012 05:41am

Financial

Indian rupee falls to six-week low

MUMBAI: The Indian rupee slumped to a six-week low on Tuesday, tracking local equities, as a massive setback to the Cong

Published 06 Mar, 2012 12:00pm

Financial

Yen firms against dollar, euro in Asia

TOKYO: The yen edged up against the dollar and the euro in Asian trade Tuesday as investors adjusted their positions. T

Published 06 Mar, 2012 08:41am

Financial

Indian rupee falls more on import payments, shares

MUMBAI: The Indian rupee slipped on Monday afternoon to near six-week lows as dollar demand from importers, most likely

Published 05 Mar, 2012 01:26pm

Financial

Euro holds firm as market awaits data

TOKYO: The euro held firm against the dollar in Asia on Monday as investors opted to sit and wait for upcoming data. Th

Published 05 Mar, 2012 06:42am

Financial

Indian rupee hits 3-week low, seen falling further

MUMBAI: The Indian rupee hit a three-week low on Friday on persistent demand for dollars by oil importers, while a subdu

Published 02 Mar, 2012 12:35pm

Financial

Euro steadies vs dollar as Asian stocks gain

TOKYO: The euro traded in a narrow band against the dollar Friday, on improved risk sentiment spurred by gains in Asian

Published 02 Mar, 2012 12:02pm

Financial

Asia FX down on ECB, Bernanke; seen supported vs euro

SINGAPORE: Most emerging Asian currencies fell on Thursday as investors took profits from recent gains after the Europea

Published 01 Mar, 2012 11:17am

Financial

Indian rupee opens down; ONGC share sale eyed

MUMBAI: The Indian rupee opened lower on Thursday, tracking weaker euro and on expected dollar demand from domestic oil

Published 01 Mar, 2012 05:32am

Financial

Dollar eases off 3-month low after Fed drops no easing hint

TOKYO: The US dollar eased off a three-month low against a basket of currencies on Thursday after the US Federal Reserve

Published 01 Mar, 2012 05:04am

Financial

Euro holds firm after profit taking

TOKYO: The euro held firm against the dollar in Asia on Thursday after dropping Wednesday on profit-taking triggered by

Published 01 Mar, 2012 04:23am

Financial

Aussie & NZ dollars fall over 1pc on Bernanke, ECB

WELLINGTON/SYDNEY: The Australian and New Zealand dollars fell more than one percent from multi-month highs against the

Published 29 Feb, 2012 11:08pm

Financial

Yuan ends up vs dollar after record high midpoint

SHANGHAI: The yuan ended up against the dollar on Wednesday after the People's Bank of China fixed the midpoint at a rec

Published 29 Feb, 2012 11:04am

Financial

Euro up on new loan pledges

TOKYO: The euro edged up in Asia on Wednesday, supported by positive expectations over the European Central Bank's secon

Published 29 Feb, 2012 06:17am

Financial

Upcoming ECB liquidity supports Asia FX, oil woes remain

SINGAPORE: Most emerging Asian currencies advanced on Tuesday before a fresh injection of cheap money by the European Ce

Published 28 Feb, 2012 12:51pm

Financial

Indian rupee rises on inflows

MUMBAI: The Indian rupee rebounded in afternoon trading on Tuesday, helped by large gains in local stocks, robust capita

Published 28 Feb, 2012 10:02am

Financial

Euro slips ahead of Germany's Greek bailout vote

TOKYO : The euro edged downward on Monday amid speculation that a much-needed bailout for Greece will be approved by t

Published 27 Feb, 2012 07:11am

Financial

Aussie & NZ dollars near multi-month highs on yen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near multi-month highs versus the yen on Monday, supporte

Published 27 Feb, 2012 06:17am

Financial

Yen hits 9-month low vs dollar, euro holds firm

SYDNEY/TOKYO: The Japanese yen slid to a nine-month low against the dollar on Monday as the break of a key chart level t

Published 27 Feb, 2012 05:22am

Financial

Yuan slips after central bank sets weaker midpoint

SHANGHAI: The yuan fell slightly against the dollar on Monday after the People's Bank of China set a weaker midpoint, ev

Published 27 Feb, 2012 04:44am

Financial

Dollar hits 7 1/2-month high vs yen, Japan importers buy

TOKYO: The dollar rose to a fresh 7-1/2-month peak against the yen on Friday, helped by continuous buying by Japanese im

Published 24 Feb, 2012 06:11am

Financial

Yuan flat vs dollar, mild mid-term appreciation seen

SHANGHAI: The yuan was unchanged against the dollar on Friday, but traders said the currency could gain slightly in comi

Published 24 Feb, 2012 05:46am

Financial

Aussie edges up on RBA comments, firmer euro

WELLINGTON/SYDNEY: The Australian dollar edged up on Friday after Reserve Bank of Australia (RBA) Governor Glenn Stevens

Published 24 Feb, 2012 05:13am

Financial

Indian rupee rises on inflow hopes

MUMBAI: The Indian rupee rose on Friday on hopes for dollar inflows after investor appetite for risk got a boost from st

Published 24 Feb, 2012 04:47am

Financial

Euro up in Asia after German business survey

TOKYO: The euro firmed against major currencies in Asian trade Friday thanks to an upbeat German business confidence sur

Published 24 Feb, 2012 04:05am

Financial

Hopes for further inflows help Asia FX recover

SINGAPORE: Hopes for further inflows helped some emerging Asian currencies recover from initial losses on Wednesday that

Published 23 Feb, 2012 11:21am

Financial

Yuan ends down slightly after central bank sets mid-point weaker

SHANGHAI: The yuan closed down slightly against the dollar on Thursday after the People's Bank of China let the mid-poin

Published 23 Feb, 2012 09:20am

Financial

Aussie & NZ dollars out of puff as risk sentiment fades

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed losses on Thursday as weak Asian stocks and data show

Published 23 Feb, 2012 05:44am

Financial

Indian rupee opens lower on importer demand

MUMBAI: The Indian rupee eased in opening trades on Thursday in anticipation of higher demand for dollars from oil impor

Published 23 Feb, 2012 04:54am

Financial

Yen edges up but stuck near 7-month low vs dollar

SINGAPORE: The yen edged up versus the dollar on Thursday but still hovered close to a 7-month low, with the dollar supp

Published 23 Feb, 2012 04:45am

Financial

Euro eases in Asia on Greece fears

TOKYO: The euro eased slightly in Asia on Thursday as positive sentiment sparked by this week's bailout agreement for Gr

Published 23 Feb, 2012 03:57am

Financial

Yuan ends flat against dollar, range-bound trading seen

SHANGHAI: The yuan ended little changed against the dollar on Wednesday after the People's Bank of China set the mid-poi

Published 22 Feb, 2012 12:19pm

Financial

Profit-taking weighs on Asia FX; inflows lift baht

SINGAPORE: Emerging Asian currencies were mixed on Wednesday with the South Korean won pressured by profit-taking on wor

Published 22 Feb, 2012 11:06am

Financial

Euro flat against dollar

TOKYO: The euro was flat against the dollar in Asia on Wednesday as enthusiasm over a euro-zone agreement on a bailout f

Published 22 Feb, 2012 06:23am

Financial

Euro falls against dollar after Greek bailout rally

TOKYO : The euro eased against the dollar in Asia Wednesday as enthusiasm over the eurozone agreement on a Greek rescu

Published 22 Feb, 2012 04:57am

Financial

Yuan ends up vs dollar after Greece bailout deal

SHANGHAI: The yuan closed up against the dollar on Tuesday even after the People's Bank of China set a slightly weaker m

Published 21 Feb, 2012 12:17pm

Financial

Asia FX edges up on Greece amid some profit-taking

SINGAPORE: Most emerging Asian currencies rose slightly on Tuesday after euro zone policymakers reached a deal on a Gree

Published 21 Feb, 2012 11:25am

Financial

Euro trend positive after Greece second bailout

TOKYO: The euro jumped back to positive territory and broke above key resistance from its 90-day moving average after eu

Published 21 Feb, 2012 06:55am

Financial

Aussie & NZ dollars losses on Greek bailout deal

WELLINGTON: The Australian and New Zealand dollars cut losses on Tuesday in a volatile session after Greece secured a se

Published 21 Feb, 2012 06:24am

Financial

Aussie & NZ dollars off highs, stuck in Greek limbo

WELLINGTON/SYDNEY: The New Zealand and Australian dollars marked time on Tuesday just below recent highs as markets wa

Published 20 Feb, 2012 09:30pm

Financial

New Zealand dollar breaks above key resistance, hits 5 1/2-month high

WELLINGTON: The New Zealand dollar hit a 5 1/2-month high against the US dollar on Monday, breaking above a key resist

Published 20 Feb, 2012 06:00am

Financial

Aussie & NZ dollars power up on yen & USD

WELLINGTON/SYDNEY: The Australian and New Zealand dollars flew higher on their US counterpart and yen on Monday, as

Published 20 Feb, 2012 05:36am

Financial

Euro firms on hopes for Greek rescue

TOKYO: The euro rose in Asian trade Monday amid growing confidence that Greece will finally be given a fresh bailout, wh

Published 20 Feb, 2012 04:50am

Financial

Aussie & NZ dollars surge on China easing

WELLINGTON/SYDNEY: The Australian and New Zealand dollars jumped in early trade on Monday after China 's central bank

Published 19 Feb, 2012 10:06pm

Financial

China to develop new forex futures

SHANGHAI: The China Financial Futures Exchange (CFFEX) is developing new financial instruments including options and for

Published 18 Feb, 2012 10:50am

Financial

China’s money rates up

SHANGHAI: China's money rates jumped on Friday, with liquidity hit in recent days by demand for funds including a subscr

Published 17 Feb, 2012 06:53am

Financial

Yen drops against dollar in Asia

TOKYO: The yen weakened in Asian trade on Friday as risk appetite improved following the Japanese central bank's monetar

Published 17 Feb, 2012 04:42am

Financial

Won, ringgit lead Asia FX slide on Greece bailout deal delay

SINGAPORE: The South Korean won and the Malaysian ringgit led slides among emerging Asian currencies on Thursday that st

Published 16 Feb, 2012 11:38am

Financial

Yuan steady as China, US exchange words on currency, trade

SHANGHAI: The yuan was little changed against the dollar on Thursday while China and the United States exchanged the usu

Published 16 Feb, 2012 05:39am

Financial

Euro falls amid Greek debt worries

TOKYO: The euro fell in Asian trade on Thursday as investors grew concerned over a yet-to-be-agreed deal to give much-ne

Published 16 Feb, 2012 05:14am

Financial

Malaysia Islamic clerics forbid forex trading

KUALA LUMPUR: Malaysia's highest Islamic body has issued an edict forbidding foreign exchange trading by Muslim individu

Published 16 Feb, 2012 04:59am

Financial

Asian currencies buoyed by China comments on Europe

SINGAPORE: Emerging Asian currencies rose broadly on Wednesday after China's central bank chief said Beijing will contin

Published 15 Feb, 2012 11:56am

Financial

Euro hits two-month high against yen

TOKYO: The euro rose to a two-month high versus the Japanese yen on Wednesday, breaking above key technical resistance a

Published 15 Feb, 2012 08:11am

Financial

Yen weakens against major currencies in Asian

TOKYO: The Japanese yen weakened against major currencies in Asian trade on Tuesday afternoon following the Bank of Japa

Published 14 Feb, 2012 07:38am

Financial

Rebound on Greek austerity bill, led by Singapore dollar

SINGAPORE : The Singapore dollar rebounded on Monday, leading most emerging Asian currencies higher as Greece moved

Published 13 Feb, 2012 11:32am

Financial

South Africa's rand rebounds, seen firmer vs dollar

JOHANNESBURG: South Africa's rand firmed against the dollar on Monday, with further gains seen as calm returned to the

Published 13 Feb, 2012 06:37am

Financial

Indian rupee opens lower; oil payments weigh

MUMBAI: The Indian rupee opened weaker on Monday as dollar demand from oil importers weighed, with traders watching the

Published 13 Feb, 2012 04:52am

Financial

Euro recovers in Asia after Greek vote

TOKYO: The euro rose in Asian trade Monday after Greece's parliament agreed to a fresh batch of austerity measures neede

Published 13 Feb, 2012 04:22am

Financial

Afghans worry hard cash flight

KABUL: In the crush of people in Kabul's Shahzada money market, conspiracy theories are a currency as hard as the bundle

Published 12 Feb, 2012 07:51am

Financial

Indian rupee opens mildly lower on mixed cues

MUMBAI: The Indian rupee opened a tad weaker on Friday as dollar demand for oil and defence payments was seen offsetting

Published 10 Feb, 2012 05:54am

Financial

Aussie & NZ dollars out of puff, fall back from highs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars ran into profit-taking on Friday as five straight weeks of gai

Published 10 Feb, 2012 05:10am

Financial

Euro in tight range in Asia

TOKYO: The euro remained in a tight range in Asian trade Friday after eurozone finance ministers put off a decision on a

Published 10 Feb, 2012 04:01am

Financial

Asia FX mixes on Greece; Taiwan dlr at 5-month high

SINGAPORE: Emerging Asian currencies were mixed on Thursday as investors booked profits amid caution over whether Greece

Published 09 Feb, 2012 11:41am

Financial

Aussie & NZ dollars off multi-month peaks, await data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars backed off multi-month highs on Thursday ahead of key local

Published 08 Feb, 2012 09:17pm

Financial

Greece hopes lift Asia FX, but intervention caps

SINGAPORE: Most emerging Asian currencies rose on Wednesday, driven by capital inflows and demand from offshore funds as

Published 08 Feb, 2012 11:17am

Financial

Aussie dollar loiters near multi-month peaks on USD & yen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were holding hefty gains against the US dollar and yen on We

Published 08 Feb, 2012 06:12am

Financial

Indian rupee opens stronger on Greece bailout hopes

MUMBAI: The Indian rupee opened higher on Wednesday on optimism Greece will soon agree to a bailout deal it needs to avo

Published 08 Feb, 2012 05:07am

Financial

Euro holds steady on hopes for Greek debt deal

TOKYO: The euro held steady in Asia on Wednesday after gaining ground on hopes for a deal on Greek debt restructuring wh

Published 08 Feb, 2012 03:42am

Financial

Won turns up, Asia FX edges higher despite Greek doubts

SINGAPORE: The won turned higher thanks to inflows on Tuesday with most emerging Asian currencies slightly up, although

Published 07 Feb, 2012 12:11pm

Financial

Aussie and NZ dollars mark time ahead of RBA

WELLINGTON/SYDNEY: The Australian and New Zealand dollars remained in sight of six-month highs on Tuesday as markets wai

Published 07 Feb, 2012 06:27am

Financial

Indian rupee gains early, but wary on Greece

MUMBAI: The Indian rupee opened stronger on Tuesday in anticipation of dollar inflows, but concerns that Greece may fail

Published 07 Feb, 2012 05:42am

Financial

Japan kept selling yen after huge October operation

TOKYO: Japan Tuesday said it was prepared to step into currency markets again after confirming "stealth" intervention fo

Published 07 Feb, 2012 04:27am

Financial

Euro rangebound as investors eye Greek debt talks

TOKYO: The euro moved narrowly against the dollar and yen in Asia on Tuesday as investors watched deadlocked talks on Gr

Published 07 Feb, 2012 03:45am

Financial

Profit-taking weighs on Asia FX due to Greek worries

SINGAPORE : The South Korean won and the Singapore dollar slipped on Monday as short-term investors booked profits fro

Published 06 Feb, 2012 11:19am

Financial

Indian rupee rises on US jobs data

MUMBAI: The Indian rupee opened stronger on Monday after surprisingly robust US jobs data bolstered investor risk appeti

Published 06 Feb, 2012 06:44am

Financial

Aussie dollar restrained by soft retail, rate meeting looms

SYDNEY: The Australian dollar paused under six-month highs on Monday, in part on profit taking as surprisingly soft reta

Published 06 Feb, 2012 05:13am

Financial

Euro down amid jitters over Greek debt talks

TOKYO: The euro fell against other currencies in Asia on Monday with investors jittery over dragging talks on the Greek

Published 06 Feb, 2012 05:09am

Financial

Dollar up against euro but weak before yen

TOKYO: The dollar edged up against the euro but stayed weak against the yen in Asia on Friday ahead of the release of cl

Published 03 Feb, 2012 07:25am

Financial

Aussie & NZ$ on track for fourth week of gains

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held near multi-month highs against the greenback on Friday an

Published 02 Feb, 2012 09:40pm

Financial

Inflows boost Asia FX, Taiwan dollar at 4-1/2 month high

SINGAPORE: Emerging Asian currencies rallied on Thursday, with the Taiwan dollar hitting a 4-1/2 month high, as easing w

Published 02 Feb, 2012 11:58am

Financial

Dollar pressured as risk appetite improves, yen in focus

SYDNEY: The dollar struggled against the yen in Asia on Thursday, having plumbed a fresh three-month low for a third str

Published 01 Feb, 2012 10:56pm

Financial

Profit-taking presses Asia FX; won, rupiah down

SINGAPORE: Most emerging Asian currencies fell on Wednesday on concerns that slowing global growth will discourage furth

Published 01 Feb, 2012 09:49am

Financial

Spry Aussie & NZ dollars rest for now; need fresh momentum

WELLINGTON: The Australian and New Zealand dollars struggled to make much headway on Wednesday as the market locked in r

Published 01 Feb, 2012 05:33am

Financial

Euro, dollar rangebound in Asia

TOKYO: The euro was rangebound against the dollar in Asian trade Wednesday, as investors tracked ongoing talks on restru

Published 01 Feb, 2012 05:06am

Financial

Indian rupee opens up on capital inflow hopes

MUMBAI: The Indian rupee opened stronger on Tuesday as improved risk appetite across Asian equities fuelled expectations

Published 31 Jan, 2012 05:49am

Financial

Yuan up vs dollar, seen as prelude to mild appreciation

SHANGHAI: The yuan strengthened against the dollar on Tuesday amid market hopes that it would stage another leg of modes

Published 31 Jan, 2012 05:23am

Financial

Euro under pressure despite slight rebound

TOKYO: The euro remained under pressure in Asian trade Tuesday, despite a slight rebound following a sharp fall Monday,

Published 31 Jan, 2012 03:51am

Financial

Profit-taking weighs on Asia FX before Greek deal

SINGAPORE: Most emerging Asian currencies fell on Monday as investors booked profits on recent gains and awaited a poten

Published 30 Jan, 2012 12:46pm

Financial

Fidelity in talks to sell India mutual fund business: report

MUMBAI: Fidelity Investments is in talks to sell its India mutual fund business, a report on the Economic Times website

Published 30 Jan, 2012 09:13am

Financial

Indian rupee eases on importer demand; shares watched

MUMBAI: The Indian rupee fell after opening steady on Monday as demand for dollars from oil importers weighed and trader

Published 30 Jan, 2012 04:59am

Financial

Euro slips ahead of EU summit

TOKYO: The euro slipped against other currencies in Asia on Monday as market players awaited a European Union summit mee

Published 30 Jan, 2012 03:57am

Financial

Indian rupee rises early on capital inflow hopes

MUMBAI: The Indian rupee strengthened early on Friday on expectations Greece will reach an agreement on restructuring it

Published 27 Jan, 2012 05:04am

Financial

Aussie & NZ dollars get a lift from Fed largesse

WELLINGTON: The Australian and New Zealand dollars were on track for a third straight week of gains Friday, with risk as

Published 27 Jan, 2012 04:55am

Financial

Yen inches up on month-end exporter buying

TOKYO: The yen nudged up broadly on exporter-led month-end buying on Friday, while the euro held onto hefty gains agains

Published 27 Jan, 2012 04:50am

Financial

Euro under pressure as market watches Greek talks

TOKYO: The euro remained under pressure in Asia on Friday as market players awaited developments in Greece's talks on a

Published 27 Jan, 2012 04:37am

Financial

Iran to enforce single exchange rate

TEHRAN: The central bank of sanctions-hit Iran is to enforce a single exchange rate after a dramatic slide in the value

Published 26 Jan, 2012 07:20pm

Financial

Ringgit leads Asia FX gains, Fed may boost inflows

SINGAPORE: The Malaysian ringgit broke through a technical resistance and led gains among most emerging Asian currencies

Published 26 Jan, 2012 11:37am

Financial

Won leads Asia FX gains on expected Fed signal

SINGAPORE: The South Korean won breached a technical resistance level on Wednesday, helped by stock inflows, as most eme

Published 25 Jan, 2012 11:00am

Financial

Aussie dollar climbs in knee-jerk inflation move

WELLINGTON/SYDNEY: The Australian dollar added half a cent on Wednesday as a reading on core inflation came in higher th

Published 25 Jan, 2012 06:50am

Financial

Short-term players push yen to 1-month low on trade data

TOKYO: The yen dropped to one-month lows against the dollar and the euro on Wednesday, as short-term accounts took data

Published 25 Jan, 2012 06:37am

Financial

Indian rupee opens higher on RBI policy shift

MUMBAI: Indian rupee opened stronger on Wednesday on expectations for continued foreign fund inflows after the central b

Published 25 Jan, 2012 06:32am

Financial

Dollar edges up as Japan reports trade deficits

TOKYO: The dollar firmed slightly in Asian trade Wednesday as the yen slipped on official data showing Japan saw an annu

Published 25 Jan, 2012 04:35am

Financial

India rupee hits 10-week high on inflows

MUMBAI: The Indian rupee strengthened past 50 to the dollar for the first time in 10 weeks on Tuesday, aided by foreign

Published 24 Jan, 2012 05:18am

Financial

Euro eases against dollar, yen in Asia

TOKYO: The euro eased against major currencies in Asian trade Tuesday as investors monitored events in Europe, dealers s

Published 24 Jan, 2012 04:01am

Financial

Aussie & NZ dollars head higher as EU strains ease

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were up near three-month highs on Tuesday as investors wager

Published 23 Jan, 2012 09:23pm

Financial

Indian rupee mostly steady; shares watched

MUMBAI: The Indian rupee was little changed in early morning trades on Monday, ahead of the central bank's monetary poli

Published 23 Jan, 2012 05:10am

Financial

Aussie & NZ dollars hold gains, Greek deal in focus

WELLINGTON/SYDNEY: The Australian and New Zealand dollars stayed firm near multi-week highs on Monday, displaying yet ag

Published 23 Jan, 2012 04:53am

Financial

Euro slips ahead of finance ministers' meeting

TOKYO: The euro slipped against the dollar and yen in Asia on Monday as the market awaited a meeting of eurozone finance

Published 23 Jan, 2012 04:14am

Financial

Aussie & NZ dollars kept in check by stronger euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to extend gains on Friday as a broadly stronger eu

Published 20 Jan, 2012 04:48am

Financial

Euro steady amid respite in Europe debt crisis

TOKYO: The euro held steady against the dollar and yen in Asia on Friday after rising in New York on hopes for progress

Published 20 Jan, 2012 03:49am

Financial

Euro enjoys short squeeze, Aussie eyes jobs data

SYDNEY : The euro and commodity currencies got off to a positive start in Asia on Thursday, following solid gains over

Published 19 Jan, 2012 06:27am

Financial

Won, ringgit breaches resistance; Asia FX up

SINGAPORE: The won and the ringgit breached technical resistance levels on Wednesday, leading gains in most emerging Asi

Published 18 Jan, 2012 08:02am

Financial

Aussie & NZ dollars off highs on euro, EZ debt auctions eyed

SYDNEY: The Australian and New Zealand dollars held near record highs on the euro and nudged up on the greenback on Wedn

Published 18 Jan, 2012 07:01am

Financial

Indian rupee rises to new 2-month high; more gains seen

MUMBAI: The Indian rupee scaled a new two-month high on Wednesday, boosted by strong dollar inflows as global funds seek

Published 18 Jan, 2012 06:58am

Financial

Yuan rises on strong GDP data, weaker dollar

SHANGHAI: China's yuan rose slightly on Wednesday, as better than expected GDP data and a weaker dollar overnight prompt

Published 18 Jan, 2012 06:53am

Financial

Euro firms on risk appetite

TOKYO: The euro edged up against the dollar and yen in Asia on Wednesday as funds flowed to riskier currencies amid spec

Published 18 Jan, 2012 04:16am

Financial

Won rises; Asia FX up on short-covering, China GDP

SINGAPORE: Most emerging Asian currencies rose on Tuesday, buoyed by short-covering and foreign buying of regional stock

Published 17 Jan, 2012 08:00am

Financial

Euro up on firmer than expected China GDP

SINGAPORE: The euro edged higher on short-covering on Tuesday as risky assets drew broad support from data showing China

Published 17 Jan, 2012 05:56am

Financial

Yuan inches up; stability seen as China visit to US approaches

SHANGHAI: China's yuan traded slightly stronger on Tuesday but will likely hold steady between 6.30 and 6.35 against the

Published 17 Jan, 2012 05:44am

Financial

Aussie & NZ dollars lifted by upbeat China data

WELLINGTON: The Australian and New Zealand dollars edged higher on the greenback on Tuesday after stronger-than-expected

Published 17 Jan, 2012 04:55am

Financial

Indian rupee opens stronger on dollar inflow hopes

MUMBAI: The Indian rupee opened stronger on Tuesday on expectations for dollar inflows. At 9 a.m. (0335 GMT), the rupee

Published 17 Jan, 2012 04:45am

Financial

Euro firms against major currencies in Asia

TOKYO: The euro firmed against major currencies in Asian trade Tuesday as short-covering investors put in buy orders, de

Published 17 Jan, 2012 04:00am

Financial

Asia FX down on EU downgrades, but inflows hopes remain

SINGAPORE: Most emerging Asian currencies fell on Monday, with the Thai baht hitting a five-month low, as hedge funds re

Published 16 Jan, 2012 07:22am

Financial

Aussie & NZ dollars resilient on USD, bonds in demand

WELLINGTON/SYDNEY: The Australian and New Zealand dollars showed resilience on the US dollar on Monday, following last w

Published 16 Jan, 2012 05:07am

Financial

Indian rupee opens down after S&P's euro zone cuts

MUMBAI: The Indian rupee fell in opening trades on Monday on risk-aversion globally after the sovereign rating of severa

Published 16 Jan, 2012 04:37am

Financial

Yuan slips vs dollar, has fallen 0.3pc so far in 2012

SHANGHAI: China's yuan slipped against the dollar on Monday in line with the central bank's weaker mid-point fixing, and

Published 16 Jan, 2012 04:24am

Financial

Euro remains under pressure after downgrades

TOKYO: The euro remained under pressure in Asia Monday after slumping at the end of last week following Standard & Poor'

Published 16 Jan, 2012 03:57am

Financial

Euro defensive after mass ratings downgrades

SYDNEY: Euro eased in early Asian trade on Monday and looked set to stay under pressure following the credit ratings dow

Published 15 Jan, 2012 10:38pm

Financial

Aussie & NZ dollars ease in aftermath of EU downgrades

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were softer on the US dollar early on Monday as investors turn

Published 15 Jan, 2012 10:38pm

Financial

Yuan edges up as market shrugs off decline in forex reserves

SHANGHAI: The yuan closed up slightly on Friday, as the market shrugged off data showing that China's foreign exchange r

Published 13 Jan, 2012 10:06am

Financial

Indian rupee rises on better risk appetite, dollar inflows

MUMBAI: The Indian rupee rose on Friday as easing worries over euro zone funding boosted risk appetite across Asian equi

Published 13 Jan, 2012 05:42am

Financial

Euro steady, shows signs of stabilising vs AUD

SINGAPORE: The euro held steady on Friday, clinging to gains made the previous day after debt sales in Spain and Italy d

Published 13 Jan, 2012 05:06am

Financial

Aussie & NZ dollars off highs on euro, consolidation seen

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed rare losses against a broadly firmer euro on Friday, as

Published 13 Jan, 2012 04:58am

Financial

China FX reserves dip in Q4 to $3.18 trillion

BEIJING: China's foreign exchange reserves, the world's largest, fell $20.6 billion in the fourth quarter to $3.18 trill

Published 13 Jan, 2012 04:51am

Financial

Taiwan dollar, rupee up on inflows; but Asia FX outlook dim

SINGAPORE: The Taiwan dollar and the Indian rupee gained on Thursday helped by inflows, but the outlook for emerging Asi

Published 12 Jan, 2012 12:11pm

Financial

Aussie & NZ dollars firm ahead of China data, euro events

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held firm on Thursday, underpinned by more gains on European

Published 11 Jan, 2012 09:57pm

Financial

Yuan ends steady as market, central bank stay cautious

SHANGHAI: China's yuan was virtually flat on Wednesday, as the market took a cautious attitude following data the previo

Published 11 Jan, 2012 10:20am

Financial

Singapore dollar, won down; inflows lift Taiwan, Philippine FX

SINGAPORE: The Singapore dollar and the South Korean won weakened on Wednesday as investors cut holdings in emerging Asi

Published 11 Jan, 2012 07:41am

Financial

Euro sags, trade cautious as risk events loom

SINGAPORE: The euro fell against the dollar on Wednesday and floundered near a record low versus the Australian dollar i

Published 11 Jan, 2012 06:04am

Financial

Indian rupee weak on importer demand, euro fall

MUMBAI: The Indian rupee fell on Wednesday, retreating from its one-month high hit in the previous session, due to a pic

Published 11 Jan, 2012 05:40am

Financial

Yuan steady as market, central bank stay cautious

SHANGHAI: China's yuan was virtually flat on Wednesday, as the market took a cautious attitude after data the day before

Published 11 Jan, 2012 04:35am

Financial

Won, Taiwan dollar lead Asia FX gains, but outlook cautious

SINGAPORE: The South Korean won and the Taiwan dollar firmed on Tuesday, leading gains in most emerging Asian currencies

Published 10 Jan, 2012 08:13am

Financial

Weaker dollar, stronger CNH push yuan higher

SHANGHAI: The yuan edged higher on Tuesday on a weaker dollar, in a strong signal by the central bank that global moveme

Published 10 Jan, 2012 07:12am

Financial

Aussie & NZ dollars bounce, China trade in focus

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars bounced back on Tuesday helped in part by demand from Japanese imp

Published 10 Jan, 2012 05:14am

Financial

Euro steady but faces pressure this week

TOKYO: The euro held its ground in Asia on Tuesday but faces pressure later this week ahead of Italian and Spanish debt

Published 10 Jan, 2012 05:02am

Financial

Indian rupee rises on inflows, better risk appetite

MUMBAI: The Indian rupee rose in opening trades on Tuesday as a pick-up in foreign fund flows into debt and firmer Asian

Published 10 Jan, 2012 04:32am

Financial

Euro stable in Asia after French-German talks

TOKYO: The euro was stable against major currencies in Asian trade Tuesday as investors focused on European reactions to

Published 10 Jan, 2012 04:01am

Financial

Aussie & NZ dollars higher, euro debt worries lurk

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars were firmer on Tuesday as a bounce in the euro pressured the US

Published 09 Jan, 2012 10:12pm

Financial

Euro off to a negative start; risks mount

SYDNEY: The euro came under pressure first thing in Asia on Monday, reaching 16-month lows versus the greenback and an 1

Published 09 Jan, 2012 08:04pm

Financial

Euro, dollar-short covering weighs on Asia FX

SINGAPORE: Most emerging Asian currencies fell on Monday as investors covered short positions in the dollar and the euro

Published 09 Jan, 2012 08:35am

Financial

Aussie dip on USD, no help from flat retail sales

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars got off to a rocky start on Monday on a broadly stronger greenback

Published 09 Jan, 2012 05:03am

Financial

Indian rupee down on lower risk appetite

MUMBAI: The Indian rupee fell in opening trades on Monday as worries about the impact of Europe's debt crisis on the glo

Published 09 Jan, 2012 04:35am

Financial

Euro dives below $1.27 in Asia

SINGAPORE: The euro dived below $1.27 in Asia on Monday as traders flocked to the dollar following a slew of positive US

Published 09 Jan, 2012 03:59am

Financial

Indian rupee seen under pressure on euro zone woes

NEW DELHI : The Indian rupee will remain under pressure until the euro zone debt problem is resolved, Finance Minister P

Published 07 Jan, 2012 07:42pm

Financial

Indian rupee up on dollar inflows

MUMBAI: The Indian rupee rose early on Friday as some banks sold dollars. At 9:07 a.m. (0338 GMT), the partially conv

Published 06 Jan, 2012 04:58am

Financial

Aussie falters vs USD, near all-time highs on euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars grudgingly gave ground to the greenback on Friday as upbeat US

Published 06 Jan, 2012 04:43am

Financial

Aussie, NZ dollar seen holding gains in 2012

SYDNEY: The Aussie dollar is forecast to remain around parity for the coming year thanks to a robust economy and despite

Published 06 Jan, 2012 04:38am

Financial

Euro edges up amid eurozone debt tension

TOKYO: The euro edged upward but faced persistent selling pressure in Asia Friday after tumbling on intensifying tension

Published 06 Jan, 2012 04:22am

Financial

Won, Philippine peso lead slide; Asia FX outlook dim

SINGAPORE: The South Korean won and the Philippine peso led emerging Asian currencies lower on Thursday, dragged down by

Published 05 Jan, 2012 09:22am

Financial

Yuan slips after mid-point posts biggest fall in 7 weeks

SHANGHAI: China's yuan fell slightly on Thursday after the People's Bank of China set the mid-point 114 pips weaker than

Published 05 Jan, 2012 06:33am

Financial

Euro under pressure, French bond sale awaited

SYDNEY: The euro hovered just above multi-year lows against the yen and Australian dollar in Asia on Thursday as markets

Published 05 Jan, 2012 04:25am

Financial

Yuan ends slightly down, off record high

SHANGHAI: China's yuan ended slightly weaker after hitting an intraday record high against the dollar on Wednesday in th

Published 04 Jan, 2012 10:06am

Financial

Indian rupee up on foreign fund inflow hopes

MUMBAI: The Indian rupee firmed early on Wednesday as an improvement in risk appetite raised the possibility of foreign

Published 04 Jan, 2012 05:05am

Financial

EM ASIA FX-Won, ringgit up; but some profit-taking seen

SINGAPORE: The won and the ringgit led gains among emerging Asian currencies on Wednesday as firm US and European data b

Published 04 Jan, 2012 04:54am

Financial

Aussie, NZ dollars hold recent hefty gains on USD, euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held most of their recent hefty gains on the US dollar and eur

Published 04 Jan, 2012 04:41am

Financial

Singapore dollar, ringgit breach resistance, Asia FX outlook cautious

SINGAPORE : Short-term investors bought emerging Asian currencies on Tuesday, helping the Singapore dollar and the rin

Published 03 Jan, 2012 07:21am

Financial

Euro claws higher vs dollar, but seen fragile

SINGAPORE : The euro edged higher against the dollar and the yen on Tuesday but touched a record low versus the Australi

Published 03 Jan, 2012 06:31am

Financial

Indian rupee up on foreign fund inflow hopes

MUMBAI: The Indian rupee firmed early on Tuesday in anticipation of capital inflows as stocks across Asia rose. At 9:04

Published 03 Jan, 2012 04:20am

Financial

Euro firms against dollar in Asian trade

SINGAPORE: The euro rebounded against the dollar in Asian trade Tuesday but ongoing worries over Europe's debt woes will

Published 03 Jan, 2012 03:52am

Financial

Aussie dollar reaches another peak on euro, firm vs US$

WELLINGTON/SYDNEY: The Australian dollar started the new year on a strong note, reaching record highs on an embattled eu

Published 02 Jan, 2012 08:35pm

Financial

No currency devaluation in 2012: central bank

COLOMBO: Sri Lanka's central bank is not contemplating a fresh move to devalue its rupee currency this year, its Governo

Published 02 Jan, 2012 03:53pm

Financial

Indian rupee falls on foreign fund outflow fears

MUMBAI: The Indian rupee dropped early on Monday on concerns the government's widening fiscal deficit could weigh on sto

Published 02 Jan, 2012 04:21am

Financial

China moving to more convertible yuan

BEIJING: China central bank governor argued in comments published on Saturday that Beijing does not control the yuan's f

Published 31 Dec, 2011 04:22pm

Financial

Aussie dollar hits record high vs euro; bonds soar

WELLINGTON/SYDNEY: The Australian dollar scaled a fresh all-time high against the wobbly euro and the kiwi climbed to a

Published 30 Dec, 2011 04:48am

Financial

Indian rupee weak on importer demand

MUMBAI: The Indian rupee fell early on Friday as oil importers stepped up dollar buying, traders said. At 9:08 a.m. (03

Published 30 Dec, 2011 04:38am

Financial

Euro remains soft after Italian bond auction

TOKYO: The euro stayed under pressure Friday during Asian trade although it rebounded from a 15-month dollar low overnig

Published 30 Dec, 2011 03:54am

Financial

Aussie, NZ dlrs push higher, but euro zone fiscal worries nag

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held firm on Friday, having bounced off one-week lows as posit

Published 29 Dec, 2011 10:13pm

Financial

Aussie, NZ dollars track euro lower; Italian bond sale eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars plumbed one-week lows against the greenback on Thursday, track

Published 29 Dec, 2011 05:22am

Financial

Indian rupee falls early on outflow worries

MUMBAI: The Indian rupee fell early on Thursday in anticipation of outflows as worries about Europe's economic health se

Published 29 Dec, 2011 05:10am

Financial

Euro falls sharply in Asia

TOKYO: The euro fell sharply against major currencies in thin Asian trade Thursday after it hit a 10-year low against th

Published 29 Dec, 2011 04:29am

Financial

Aussie, NZ dlrs retreat on euro zone worries

WELLINGTON/SYDNEY: The Australian and New Zealand dollars pulled back to one-week lows against the US dollar, but gained

Published 28 Dec, 2011 09:50pm

Financial

Japan, India seal $15 billion currency swap deal

NEW DELHI: Japan and India struck a $15 billion currency swap deal Wednesday that could bolster the sagging rupee as Jap

Published 28 Dec, 2011 06:43pm

Financial

Aussie, NZ dollar hold firm in thin markets

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held firm in light year-end trade on Wednesday, mirroring subd

Published 28 Dec, 2011 05:31am

Financial

Indian rupee weakens early on oil payments

MUMBAI: The Indian rupee fell early on Wednesday dragged by dollar demand from oil importers, but traders said bunched i

Published 28 Dec, 2011 05:23am

Financial

Yuan slips vs dollar, fails to match record high mid-point

SHANGHAI: The yuan fell slightly against the dollar on Wednesday and failed to match a record high mid-point set by the

Published 28 Dec, 2011 05:03am

Financial

Dollar weaker against yen

TOKYO: The dollar was weaker against the yen in Asian trade Wednesday after the US Treasury criticised Japanese interven

Published 28 Dec, 2011 04:04am

Financial

Yuan ends down on corporate dollar demand, shrugs off record high mid-point

SHANGHAI: The yuan closed slightly lower on Tuesday as strong dollar demand from corporates and less-than-usual year-end

Published 27 Dec, 2011 10:01am

Financial

Dollar holds ranges vs euro, yen

TOKYO: The dollar remained caged in recent ranges against major rivals in thin trade on Tuesday, with the euro holding a

Published 27 Dec, 2011 06:42am

Financial

Yuan slips on corporate dollar demand, shrugs off record high mid-point

SHANGHAI: The yuan slipped on Tuesday as strong dollar demand from corporates and less-than-usual year-end dollar sales

Published 27 Dec, 2011 05:31am

Financial

Indian rupee weak at open, flows eyed

MUMBAI: The Indian rupee was marginally weak on Tuesday as Asian equities offered little direction even as traders look

Published 27 Dec, 2011 04:11am

Financial

Dollar, euro flat amid quiet holiday trade

TOKYO: The dollar stayed nearly unchanged in lacklustre holiday trade Tuesday, as Asian investors waited for their Weste

Published 27 Dec, 2011 03:50am

Financial

Indian rupee gains on firm shares, volume light

MUMBAI: Indian rupee nudged higher on Monday as shares climbed on hopes an improvement in the recent US jobs and manufac

Published 26 Dec, 2011 06:49am

Financial

Yuan hits record high vs dollar, on track for over-4pc gain in 2011

SHANGHAI: The yuan hit an all-time trading high against the dollar on Monday, guided by a stronger mid-point by the Peop

Published 26 Dec, 2011 04:35am

Financial

Thai central bank expects capital out-flows

BANGKOK : Thailand may see net capital flows in balance next year, with a smaller trade and current account surplus du

Published 25 Dec, 2011 03:52pm

Financial

Yuan little changed vs dollar after stronger midpoint

SHANGHAI: The yuan was little changed on Friday after the People's Bank of China set a stronger midpoint to reflect a dr

Published 23 Dec, 2011 08:00am

Financial

Australia dollar hits record high vs euro; NZD firm

WELLINGTON/SYDNEY: The Australian dollar hit a fresh record high against the struggling euro on Friday as markets bet Eu

Published 23 Dec, 2011 05:17am

Financial

Indian rupee opens stronger on inflow hopes

MUMBAI: The rupee opened stronger on Friday on hopes an improving US economy will bolster capial flows into riskier emer

Published 23 Dec, 2011 04:58am

Financial

Dollar slips against euro, yen in Asian trade

SINGAPORE: The dollar edged down against the euro in Asia amid increased risk appetite Friday after US data showed joble

Published 23 Dec, 2011 04:02am

Financial

Yuan little changed vs dollar, range trade seen

SHANGHAI: The yuan held steady against the dollar on Thursday after the People's Bank of China set a slightly lower mid-

Published 22 Dec, 2011 08:32am

Financial

Indian rupee seen down on weak euro, shares watched

MUMBAI: The Indian rupee is expected to open weaker on Thursday on concerns about a recession in Europe and continued wo

Published 22 Dec, 2011 05:32am

Financial

Aussie & NZ$ pare gains, A$ hits record high on euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars retreated on Thursday as Europe's liquidity action failed to g

Published 21 Dec, 2011 10:22pm

Financial

Asian currencies rise but outlook unclear

SINGAPORE: Asian currencies rose on Wednesday as risky assets rallied in the wake of upbeat US and German economic data,

Published 21 Dec, 2011 08:15am

Financial

Yuan rises against dollar after stronger mid-point

SHANGHAI: The yuan rose slightly against the dollar on Wednesday after the People's Bank of China set a stronger mid-poi

Published 21 Dec, 2011 06:51am

Financial

Aussie extends gains on USD & euro, NZD firms

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held sharp overnight gains on the dollar and euro on Wednesd

Published 21 Dec, 2011 05:34am

Financial

Euro extends gains ahead of ECB tender

TOKYO: The euro extended gains in Asian trade on Wednesday, on short-covering ahead of the European Central Bank's first

Published 21 Dec, 2011 04:48am

Financial

Indian rupee firms early after central bank comments

MUMBAI: The Indian rupee rose early on Wednesday, supported by the central bank's assurance it will take more steps to s

Published 21 Dec, 2011 04:40am

Financial

Won bounces after selloff, rupiah falls

SINGAPORE: Asian currencies were mixed on Tuesday, with the South Korea won recouping much of the losses it suffered the

Published 20 Dec, 2011 08:21am

Financial

Yuan slips vs dollar after weaker mid-point, trades narrowly

SHANGHAI: The yuan fell slightly against the dollar in see-saw trade on Tuesday after the People's Bank of China set a w

Published 20 Dec, 2011 06:19am

Financial

Euro creeps lower on Europe funding fears

TOKYO: The euro edged down in early Asian trade on Tuesday, creeping closer to an 11-month low hit last week after Europ

Published 20 Dec, 2011 05:25am

Financial

Aussie & NZ dollars edge off lows, RBA minutes help

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars found a tentative footing on Tuesday, following recent steep decli

Published 20 Dec, 2011 05:07am

Financial

Indian rupee drops early; central bank watched

MUMBAI: The Indian rupee weakened early on Tuesday as fragile global sentiment after the death of North Korea leader Kim

Published 20 Dec, 2011 04:23am

Financial

China's yuan ends at record high, reverses early losses

SHANGHAI: The yuan ended at a new high against the dollar on Monday as investors saw little room for prolonged weakness

Published 19 Dec, 2011 10:43am

Financial

China's yuan slips on firmer dollar, capital outflows

SHANGHAI: The yuan fell slightly against the dollar on Monday, shrugging off the central bank's stronger mid-point fixin

Published 19 Dec, 2011 07:55am

Financial

Aussie & NZ dollars slip on lower stocks

WELLINGTON/SYDNEY: The Australian and New Zealand dollars dipped on Monday in thinning year-end volumes, dragged by lowe

Published 19 Dec, 2011 05:47am

Financial

China central bank says sold net 28bn yuan in forex in November

BEIJING: China sold a net 27.9 billion yuan worth of foreign exchange in November, central bank data showed on Monday.

Published 19 Dec, 2011 05:41am

Financial

Indian rupee slips on broad Asian FX weakness

MUMBAI: The Indian rupee slipped early on Monday following a broad selloff in Asian currencies against the dollar on new

Published 19 Dec, 2011 05:11am

Financial

Dollar gets lift from death of Kim Jong Il

SYDNEY: The dollar bounced against major rivals in Asia on Monday, as uncertainty following news of North Korean leader

Published 19 Dec, 2011 05:07am

Financial

Indian rupee up 1.8pc after central bank move

MUMBAI: The Indian rupee rebounded early on Friday, a day after the central bank curbed speculation in the forwards mark

Published 16 Dec, 2011 05:04am

Financial

Aussie & NZ dollar edge off two-week lows, bonds well-bid

WELLINGTON/SYDNEY: The Australian and New Zealand dollars found a tentative footing on short-covering gains on Friday, h

Published 16 Dec, 2011 04:42am

Financial

Euro firms in Asia after smooth Spain bond auction

TOKYO: The euro rose against major currencies in Asian trade Friday, helped by a successful Spanish bond auction, as mar

Published 16 Dec, 2011 04:27am

Financial

Europe woes hit Asia FX again, intervention spotted

SINGAPORE: Emerging Asian currencies slid on Thursday as investors rushed into safe assets before year-end on expectatio

Published 15 Dec, 2011 09:44am

Financial

Yuan hits limit down as China fights depreciation speculation

SHANGHAI: The yuan hit its limit down level against the dollar from the Chinese central bank's mid-point again on Thursd

Published 15 Dec, 2011 07:23am

Financial

A$ & NZ dollar dogged by EU, China data eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were dragged lower in a broad retreat from risk on Thursday

Published 15 Dec, 2011 04:37am

Financial

Euro inches up but still close to 11-month low

SINGAPORE: The euro crept higher on Thursday, but still hovered near an 11-month low hit the previous day as signs the E

Published 15 Dec, 2011 04:22am

Financial

Yuan slips vs dollar, but edges up in December on PBOC guidance

SHANGHAI: The yuan slipped against the dollar on Wednesday, hovering near its limit-down level from the mid-point fixed

Published 14 Dec, 2011 06:34am

Financial

Aussie & NZ dollar fragile after fall

WELLINGTON/SYDNEY: The Australian and New Zealand dollars hovered at two-week lows against the greenback on Wednesday, w

Published 14 Dec, 2011 05:19am

Financial

Indian rupee slumps to record low for 3rd day

MUMBAI: The Indian rupee fell to a record low versus the dollar for the third day on Wednesday as a slowing domestic eco

Published 14 Dec, 2011 04:14am

Financial

Euro sweating above $1.30; Italian debt sale in focus

TOKYO : The euro wallowed near 11-month lows against the dollar on Wednesday and crept close to an option barrier whose

Published 14 Dec, 2011 04:12am

Financial

Australian dollar below parity on US, Europe fears

SYDNEY: The Australian dollar dipped below parity with the greenback Wednesday after the US Federal Reserve left interes

Published 14 Dec, 2011 03:47am

Financial

Yuan ends down, hits weaker limit for 10th day in a row

SHANGHAI: The yuan ended down against the dollar on Tuesday, hitting the lower end of its trading band for the 10th stra

Published 13 Dec, 2011 10:24am

Financial

Europe downgrade fears hit Asia FX, rupee at record low

SINGAPORE: Emerging Asian currencies slid on Tuesday as investors reduced risky assets on fears of mass downgrade of Eur

Published 13 Dec, 2011 07:46am

Financial

Euro hits 2-month low on euro zone debt fears

TOKYO: The euro plumbed two-month lows in Asia on Tuesday while the Australian dollar sank closer to parity as rising di

Published 13 Dec, 2011 07:10am

Financial

Aussie, NZ dollar saddled with euro debt worries

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed hefty losses on Tuesday, as the initial relief genera

Published 13 Dec, 2011 04:55am

Financial

Indian rupee at record low; growth concerns weigh

MUMBAI: The Indian rupee sank to a record low of 53.21 per dollar on Tuesday on worries Europe's debt crisis could exace

Published 13 Dec, 2011 04:19am

Financial

Euro weaker on warnings from ratings agencies

TOKYO: The euro remained weaker against other major currencies in Asia on Tuesday after credit ratings agencies warned a

Published 13 Dec, 2011 03:44am

Financial

Aussie, NZ dollars knocked as euro summit glow fades

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were sharply lower on Tuesday as the initial relief generated

Published 12 Dec, 2011 10:11pm

Financial

Asian FX ease after EU summit, output data hits rupee

SINGAPORE: Most emerging Asian currencies dipped on Monday on worries that the last week's European summit deal does lit

Published 12 Dec, 2011 08:12am

Financial

Yuan edges up vs dollar after mid-point hits one-month high

SHANGHAI: The yuan rose against the dollar on Monday as the People's Bank of China set the mid-point at a one-month high

Published 12 Dec, 2011 06:52am

Financial

Euro dips after EU summit; more pain to come

TOKYO: The euro slipped in Asia on Monday, and was expected to struggle going into the year-end after the European Union

Published 12 Dec, 2011 06:45am

Financial

Indian rupee drops ahead of factory data

MUMBAI: The Indian rupee fell on Monday as oil importers bought dollars and shares were choppy ahead of factory output d

Published 12 Dec, 2011 05:30am

Financial

Aussie, NZ dollar edge lower, lacking conviction

WELLINGTON/SYDNEY: The Australian and New Zealand dollars edged lower on Monday as investors reacted cautiously to the

Published 12 Dec, 2011 04:38am

Financial

Euro falls after rallying on Euro debt talks

TOKYO: The euro fell against other major currencies in Asia on Monday as investors awaited further details on measures t

Published 12 Dec, 2011 03:48am

Financial

Euro lower on doubt over debt deal

TOKYO: The euro dipped against major currencies in Asian trade Friday as European leaders struggled to hammer out a deal

Published 09 Dec, 2011 08:02am

Financial

Yuan edges down vs dollar on worries over euro zone

SHANGHAI: The yuan fell slightly against the dollar on Friday after the Chinese central bank set a weaker mid-point, and

Published 09 Dec, 2011 06:56am

Financial

Aussie, NZ dollar nurse losses; EU summit in focus

WELLINGTON/SYDNEY: The Australian and New Zealand dollars wallowed at one-week lows against the greenback on Friday as i

Published 09 Dec, 2011 05:47am

Financial

Indian rupee seen down on euro zone worries

MUMBAI: The Indian rupee is expected to weaken on Friday as fears mounted the euro zone may not be able to announce a co

Published 09 Dec, 2011 05:29am

Financial

Euro, Aussie pare losses on euro zone plan to fund IMF

TOKYO: The euro and the Aussie pared some of their earlier losses on Friday after European leaders said the euro zone pl

Published 09 Dec, 2011 05:07am

Financial

Aussie, NZ dollars pressured ahead of EU summit

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed heavy losses on Friday as markets braced for a crucial

Published 08 Dec, 2011 11:12pm

Financial

Dollar short-covering weighs on Asia FX before EU summit

SINGAPORE: Most emerging Asian currencies fell on Thursday as investors covered short positions on the dollar over growi

Published 08 Dec, 2011 07:50am

Financial

Indian rupee extends fall on weak equities, euro

MUMBAI: The Indian rupee extended its drop to the third session on Thursday, dragged by weak domestic equities amid inve

Published 08 Dec, 2011 07:13am

Financial

Yuan up vs dollar, hits limit down for 7th day

SHANGHAI: The yuan rose slightly against the dollar on Thursday but still hit its lower daily trade limit for the sevent

Published 08 Dec, 2011 05:58am

Financial

Aussie slips on soft jobs data, Europe dominates

WELLINGTON/SYDNEY: The Aussie dipped on Thursday as a disappointing jobs report added to expectations of further rate cu

Published 08 Dec, 2011 05:13am

Financial

Euro holds breath before ECB, EU summit

SYDNEY: The euro struggled to make much headway in Asia on Thursday, continuing to consolidate ahead of an expected Euro

Published 08 Dec, 2011 04:26am

Financial

Specs support Asia FX, but sentiment cautious

SINGAPORE: Most emerging Asian currencies gained on Wednesday as interbank speculators bet on progress to tackle Europe'

Published 07 Dec, 2011 09:06am

Financial

Yuan little changed vs dollar, hits limit down for 6th day

SHANGHAI: The yuan was little changed against the dollar on Wednesday but hit its lower daily trade limit for the sixth

Published 07 Dec, 2011 05:50am

Financial

Aussie gains after solid GDP data, mood still cautious

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars edged higher on Wednesday after Australia reported solid economic

Published 07 Dec, 2011 04:59am

Financial

Indian rupee seen edging up on hopes for inflows

MUMBAI: The Indian rupee is expected to nudge higher early on Wednesday, tracking a rise in regional shares that could t

Published 07 Dec, 2011 04:50am

Financial

Euro inches higher, much rides on EU events

SINGAPORE: The euro inched higher on Wednesday with markets cautiously optimistic that European leaders would take decis

Published 07 Dec, 2011 04:36am

Financial

Euro firms in Asia ahead of EU summit

TOKYO: The euro firmed against other major currencies in Asia on Wednesday ahead of a crucial European Union summit th

Published 07 Dec, 2011 04:22am

Financial

S&P warning pressures Asia FX; peso falls further

SINGAPORE: Emerging Asian currencies slid on Tuesday as risky assets were hit following a warning by Standard & Poor's t

Published 06 Dec, 2011 08:51am

Financial

Euro stutters on S&P threat, Aussie dips on RBA

TOKYO: The euro dipped on Tuesday after Standard & Poor's said it may carry out a mass credit downgrade of euro zone cou

Published 06 Dec, 2011 07:53am

Financial

Yuan little changed vs dollar, limit down again

SHANGHAI: The yuan was little changed against the dollar on Monday as the market expects the Chinese currency to remain

Published 06 Dec, 2011 05:20am

Financial

Euro held back by S&P; Aussie eyes RBA

SYDNEY: The euro stayed on the backfoot in Asia on Tuesday after Standard & Poor's said it was reviewing the credit rati

Published 06 Dec, 2011 05:03am

Financial

Profit-taking weighs on Asian FX before EU summit

SINGAPORE: Most emerging Asian currencies dipped on Monday in subdued trade as investors took profits from gains last we

Published 05 Dec, 2011 07:15am

Financial

Indian rupee eases on oil payments, weak shares

MUMBAI: The Indian rupee drifted lower on Monday in tandem with subdued shares and perked up demand for dollars from oil

Published 05 Dec, 2011 06:57am

Financial

Euro inches up on guarded optimism over Europe

TOKYO: The euro edged up slightly in Asia on Monday on guarded optimism over Europe after Italy announced fresh austerit

Published 05 Dec, 2011 05:29am

Financial

Euro steady on easing euro-zone debt

TOKYO: The euro held steady against the dollar and yen in Asia on Friday as investors breathed a sigh of relief over Eur

Published 02 Dec, 2011 12:16pm

Financial

Indian rupee firms second day, could test 51/dollar

MUMBAI: The Indian rupee rose for a second session on Friday as traders unwound long dollar positions in anticipation of

Published 02 Dec, 2011 07:26am

Financial

Yuan slightly firm vs dollar, hits daily limit down

BEIJING/SHANGHAI: The yuan edged up slightly against the dollar on Friday afternoon but touched the lower end of its dai

Published 02 Dec, 2011 07:14am

Financial

Aussie & NZ dollar steady ahead of US jobs

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were little changed in quiet trade on Friday, holding on to mo

Published 02 Dec, 2011 05:45am

Financial

Euro firms on easing eurozone debt worries

TOKYO: The euro firmed against the dollar and yen in Asia on Friday as investors breathed a sigh of relief over European

Published 02 Dec, 2011 03:42am

Financial

Indian rupee near 2-week high on share surge, dollar inflow hopes

MUMBAI: The Indian rupee surged to a near two-week high on Thursday, as local shares rallied on the back of global gains

Published 01 Dec, 2011 07:51am

Financial

Yuan edges up versus dollar, seen stable in December

BEIJING/SHANGHAI: The yuan edged up against the dollar on Thursday morning but traded below the Chinese central bank's m

Published 01 Dec, 2011 06:41am

Financial

Euro takes breather after rally, Aussie dips

SINGAPORE: The euro stabilised on Thursday after rallying the previous day as major central banks acted together to ease

Published 01 Dec, 2011 05:10am

Financial

Short-covering supports Asia FX, but poised for losing month

SINGAPORE: Emerging Asian currencies rose slightly on Wednesday on short-covering after European officials agreed to str

Published 30 Nov, 2011 08:41am

Financial

Indian rupee weak as shares weigh, growth data watched

MUMBAI: The Indian rupee fell on Wednesday on the back of dollar demand from oil importers and negative local shares tha

Published 30 Nov, 2011 06:03am

Financial

Aussie & NZ dollar march higher, EU bailout plan helps

WELLINGTON/SYDNEY: The Australian and New Zealand dollars marched higher on Wednesday, buoyed by a mixture of positionin

Published 30 Nov, 2011 06:03am

Financial

Euro holds firm on hopes for bailout fund

TOKYO: The euro firmed against the dollar and yen in Asia on Wednesday after European finance ministers boosted the powe

Published 30 Nov, 2011 04:42am

Financial

Europe hopes support Asia FX, mood still cautious

SINGAPORE: Most emerging Asian currencies rose on Tuesday on hopes of progress in tackling the euro zone debt crisis, bu

Published 29 Nov, 2011 08:14am

Financial

Indian rupee little changed, eyes on euro zone meeting

MUMBAI: The Indian rupee was stuck in a narrow range on Tuesday after the previous session's rally, as exporters selling

Published 29 Nov, 2011 05:48am

Financial

Euro consolidates gains; yen edges lower

SINGAPORE: The euro edged up against the dollar on Tuesday, consolidating the gains made the previous day on hopes that

Published 29 Nov, 2011 05:17am

Financial

Aussie & NZ dollar fight to retain gains

WELLINGTON/SYDNEY: The Australian and New Zealand dollars battled to maintain recent gains on Tuesday as markets react

Published 29 Nov, 2011 04:40am

Financial

Yuan edges up versus dollar, stability remains catchword

SHANGHAI: The yuan rose slightly against the dollar on Tuesday after the People's Bank of China set the mid-point little

Published 29 Nov, 2011 04:13am

Financial

Euro stays firm ahead of debt crisis meeting

TOKYO: The euro resisted falls against the dollar in Asia Tuesday amid hopes that a eurozone finance ministers meeting l

Published 29 Nov, 2011 03:46am

Financial

Aussie, NZ dollar lifted by hopes of Italy bailout

WELLINGTON/SYDNEY: The Australian and New Zealand dollars gained more than one percent on Monday on talk of a bulky In

Published 28 Nov, 2011 05:39am

Financial

Euro higher on hopes for Italian debt rescue

TOKYO: The euro rose against the dollar and yen in Asia on Monday amid speculation that the International Monetary Fund

Published 28 Nov, 2011 03:57am

Financial

Yuan falls on strong month-end dollar demand

SHANGHAI: The yuan edged down against the dollar on Friday even though the People's Bank of China set the mid-point slig

Published 25 Nov, 2011 08:00am

Financial

Aussie, NZ dollor struggle near multi-week lows

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled on Friday, hovering around multi-week lows as deepen

Published 25 Nov, 2011 05:27am

Financial

Euro under pressure in Asia amid ongoing debt woes

TOKYO: The euro stayed under pressure in Asia on Friday amid investor jitters over the European debt crisis. The euro b

Published 25 Nov, 2011 04:00am

Financial

Indian rupee gains on central bank prop, corp dollar sales

MUMBAI: The rupee nudged higher on Thursday as companies sold dollars after suspected central bank intervention for the

Published 24 Nov, 2011 05:58am

Financial

Aussie & NZ$ struggle, bond futures hit record high

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled on Thursday after a poor German bond sale and worrie

Published 24 Nov, 2011 05:13am

Financial

Euro extends drop vs yen, hits 6-week low

SINGAPORE: The euro hit a six-week low against the yen on Thursday, coming under renewed pressure after weak demand at a

Published 24 Nov, 2011 05:01am

Financial

Yuan edges up versus dollar, PBOC signals floor

SHANGHAI: The yuan rose slightly against the dollar on Wednesday after the People's Bank of China set the mid-point mode

Published 23 Nov, 2011 06:29am

Financial

Indian rupee pulls back from slide, central bank hand seen

MUMBAI: The rupee bounced more than 1 percent on Wednesday after suspected central bank intervention, a day after the cu

Published 23 Nov, 2011 06:26am

Financial

Dollar up on Dexia rescue doubts, weak China data

SINGAPORE: The dollar rose broadly on Wednesday as the euro dipped on jitters over the fate of a rescue plan for Franco-

Published 23 Nov, 2011 06:09am

Financial

Aussie & NZ dollar hit hard by shock China data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars fell sharply on Wednesday as a shockingly weak reading on Chin

Published 23 Nov, 2011 04:19am

Financial

Indian rupee to head towards all-time low

MUMBAI: The Indian rupee is expected to drift lower on Wednesday, towards the record low hit in the previous session, as

Published 23 Nov, 2011 04:09am

Financial

Euro dives on Europe worries

SINGAPORE: The euro fell against the dollar in Asian trade Wednesday amid fears France risks a credit downgrade and afte

Published 23 Nov, 2011 03:48am

Financial

Won hits 1-month trough, rupee hits record low

SINGAPORE: Asian currencies edged lower on Tuesday, with the South Korean won sliding to its lowest level in a month and

Published 22 Nov, 2011 09:59am

Financial

Aussie & NZ$ nurse losses, bonds rally as markets flee risk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed heavy losses on Tuesday, while bonds rallied as deepeni

Published 22 Nov, 2011 05:30am

Financial

Yuan ends down on strong dollar, seen stable near term

SHANGHAI: The yuan closed down against the dollar on Monday as the dollar index rose in early European trade, but the Ch

Published 22 Nov, 2011 05:12am

Financial

Indian rupee hits record low past 52.2/USD

MUMBAI: The Indian rupee slid past 52.2 against the dollar in opening trades on Tuesday, dropping to its lowest level in

Published 22 Nov, 2011 04:39am

Financial

Euro, dollar firm against yen

TOKYO: The euro and dollar firmed against the yen in Asian trade Tuesday despite continuing worries over European debt w

Published 22 Nov, 2011 03:45am

Financial

Rupee nears record low, Singapore dollar hits 6-week low

SINGAPORE: Emerging Asian currencies fell broadly on Monday and the Indian rupee neared a record low hit in March 2009,

Published 21 Nov, 2011 09:03am

Financial

Euro under pressure as Asian markets cautious

TOKYO: Investors remained cautious in Asian trade Monday with a comprehensive deal to protect the eurozone still sight,

Published 21 Nov, 2011 06:41am

Financial

Indian rupee falls 5th day; weak shares, oil weigh

MUMBAI: Indian rupee skidded for a fifth consecutive session on Monday to within sight of its record low, as oil importe

Published 21 Nov, 2011 05:45am

Financial

Aussie & NZ dollar drift lower on stocks, US budget deadlock

WELLINGTON/SYDNEY: The Australian and New Zealand dollars drifted lower on Monday, with markets remaining wary of Euro

Published 21 Nov, 2011 05:43am

Financial

China Oct FX purchases fall first time in 4-year

BEIJING: China's foreign exchange purchases, a gauge of foreign capital inflows, fell by 24.9 billion yuan ($3.9 billion

Published 21 Nov, 2011 04:56am

Financial

Euro subdued, Spanish vote helps at margin

SYDNEY: The euro got off to a subdued start in Asia on Monday after a short-covering squeeze late last week ran out of s

Published 21 Nov, 2011 04:28am

Financial

Indian jitters over freefalling rupee

NEW DELHI: India's rupee, Asia's worst performing currency this year, could be bound for "uncharted waters," analysts sa

Published 20 Nov, 2011 04:32am

Financial

Government asks Iranians to stop buying dollars

TEHRAN: The Iranian government has asked its citizens not to buy dollars, in an effort to stem a rush for hard currency

Published 19 Nov, 2011 02:17pm

Financial

Yuan ends down slightly vs dollar, range trade seen

SHANGHAI: The yuan closed slightly lower against the dollar on Friday after the People's Bank of China set the mid-point

Published 18 Nov, 2011 09:32am

Financial

Aussie, NZD stung by euro zone debt fears

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed hefty losses on Friday and wallowed at multi-week lows

Published 18 Nov, 2011 06:14am

Financial

Indian rupee drops past 51/dollar on global econ worry

MUMBAI: The Indian rupee fell past 51 per dollar on Friday for the first time in nearly 32 months as worries Europe's d

Published 18 Nov, 2011 05:05am

Financial

Euro steady but debt crisis overshadows sentiment

TOKYO: The euro steadied against the dollar in Asia on Friday but sentiment remained sour after Spain and France faced a

Published 18 Nov, 2011 03:49am

Financial

Aussie dollar drops below greenback parity

SYDNEY: The Australian dollar on Friday dropped below greenback parity for the first time since October 12 as traders ex

Published 17 Nov, 2011 09:36pm

Financial

Europe woes weigh on Asia Fx, short covering supports

SINGAPORE: Emerging Asian currencies were mixed on Thursday as worries of the deepening Europe crisis with differences o

Published 17 Nov, 2011 08:14am

Financial

Indian rupee up slightly on dollar sales, euro eyed

MUMBAI: The Indian rupee was stronger on Thursday aided by corporate dollar selling, which helped overcome the initial l

Published 17 Nov, 2011 06:59am

Financial

Won, Singapore dollar up, but Asian FX outlook dim

SINGAPORE: The won and the Singapore dollar turned slightly higher on Thursday as investors reduced US dollar positions,

Published 17 Nov, 2011 04:57am

Financial

Euro hits 5-week low as contagion fears intensify

SINGAPORE: The euro hit five-week lows versus both the dollar and the yen on Thursday as bond market turmoil spread acro

Published 17 Nov, 2011 04:36am

Financial

Aussie, NZ dollars knocked by deepening euro fears

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were hovering just above multi-week lows on Thursday and looke

Published 17 Nov, 2011 12:22am

Financial

Yuan ends little changed, exports outlook may cap rises

SHANGHAI: The yuan ended little changed against the dollar on Wednesday, after the People's Bank of China set a weaker m

Published 16 Nov, 2011 11:48am

Financial

Euro hits 1-month low, crisis threatens more EU members

TOKYO: The euro slipped to a fresh one-month low against the dollar and the yen on Wednesday as the euro zone debt crisi

Published 16 Nov, 2011 07:36am

Financial

Ringgit cracks support on EU contagion woes

SINGAPORE: Most emerging Asian currencies fell on Wednesday, with Malaysian ringgit breaking through a technical support

Published 16 Nov, 2011 05:52am

Financial

Aussie, NZ dollars sag on euro contagion fears

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped on Wednesday as rising euro-zone borrowing costs fuele

Published 16 Nov, 2011 05:28am

Financial

Euro falls further against dollar

TOKYO: The euro lost further ground against the dollar in Asia on Wednesday after a spike in Italy's borrowing costs sto

Published 16 Nov, 2011 03:43am

Financial

Aussie, NZ dollars slip as euro optimism fades

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped on Tuesday as European debt worries dominated, with ma

Published 15 Nov, 2011 07:07am

Financial

Euro woes weigh on Asia FX, but exporters relieve

SINGAPORE: Most emerging Asian currencies eased on Tuesday in slow trading as high yields at Italy's bond auction renewe

Published 15 Nov, 2011 06:45am

Financial

Euro steady, stuck near bottom of recent range

SINGAPORE: The euro held steady against the dollar on Tuesday, but was stuck near the bottom of its range so far this mo

Published 15 Nov, 2011 05:49am

Financial

Indian rupee drops to near 32-month low

MUMBAI: The Indian rupee fell to its weakest level in nearly 32 months on Tuesday, dragged by a decline in the euro and

Published 15 Nov, 2011 05:25am

Financial

Euro rangebound against dollar amid debt woes

TOKYO: The euro remained in a tight range against the dollar in Asia on Tuesday as persistent eurozone debt worries hurt

Published 15 Nov, 2011 03:44am

Financial

Indian rupee climbs as shares, euro gain

MUMBAI: The Indian rupee strengthened on Monday in tandem with a rise in local equities, which raised hopes for foreign

Published 14 Nov, 2011 10:27am

Financial

Europe progress supports Asia FX, but worries linger

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Published 14 Nov, 2011 05:05am

Financial

Europe progress supports Asia FX, but worries linger

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Published 14 Nov, 2011 05:05am

Financial

Europe progress supports Asia FX, but worries linger

SINGAPORE : The won rose on Monday in line with other riskier assets such as emerging Asian currencies on hopes the chan

Published 14 Nov, 2011 05:05am

Financial

Europe progress supports Asia FX, but worries linger

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Published 14 Nov, 2011 05:05am

Financial

Aussie & NZD dollars higher on EU zone optimism

WELLINGTON/SYDNEY: The Australian and New Zealand dollars pushed higher on Monday on hopes new leaders of Italy and

Published 14 Nov, 2011 04:46am

Financial

Euro ticks up, eyes on Italy bond auction

SYDNEY/TOKYO: The euro and commodity currencies gained ground in Asia on Monday as investors cheered progress on tackl

Published 14 Nov, 2011 04:20am

Financial

Aussie, NZD dollars on the defensive, mood fragile

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were on the defensive on Friday, as the European debt crisis

Published 11 Nov, 2011 05:17am

Financial

Euro stable after successful Italian bond auction

TOKYO: The euro was steady against the dollar in Asia on Friday as recent sell-offs on eurozone debt problems took a pau

Published 11 Nov, 2011 03:57am

Financial

Rupiah at 6-wk low after rate cut, Italy woes hit Asia FX

SINGAPORE: Emerging Asian currencies fell on Thursday as investors dumped riskier assets after surging Italian borrowing

Published 10 Nov, 2011 11:50am

Financial

Euro buffeted by Italian worries

TOKYO: The euro remained under pressure in Asian trade Thursday as deepening investor fears over political instability i

Published 10 Nov, 2011 09:36am

Financial

Ringgit, won up on Italy, but profit-taking caps

SINGAPORE: The ringgit and the won rose on Wednesday after Italian prime minister's pledge to resign, while investors to

Published 09 Nov, 2011 11:02am

Financial

Aussie & NZ dollars soften, market lacks conviction

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to extend gains on Wednesday after data from China s

Published 09 Nov, 2011 07:27am

Financial

Yuan hits trading peak, but appreciation potential limited

SHANGHAI: The yuan rose against the dollar on Wednesday, touching a record trading high and playing catch-up with the Ch

Published 09 Nov, 2011 07:23am

Financial

Indian rupee hits 2-week low; shares choppy

MUMBAI: The Indian rupee fell to its lowest in more than two weeks on Wednesday after a large company bought dollars, wh

Published 09 Nov, 2011 07:17am

Financial

Euro steady after Italy PM says to quit

TOKYO: The euro was steady against the dollar in Asia on Wednesday after Italian Prime Minister Silvio Berlusconi voiced

Published 09 Nov, 2011 05:58am

Financial

Indian rupee weak on shares, importer dollar demand

MUMBAI: The Indian rupee fell on Tuesday, after a three-session rally, tracking local shares as investor sentiment was c

Published 08 Nov, 2011 08:32am

Financial

Euro weak as Italy concerns intensify

TOKYO: The euro edged down against other major currencies in Asia on Tuesday amid concerns that Italy was next in the li

Published 08 Nov, 2011 07:10am

Financial

Yuan rises on record high fixing, dollar demand limits rises

SHANGHAI : The yuan rose slightly against the dollar on Friday after the People's Bank of China set the mid-point at a r

Published 04 Nov, 2011 07:31am

Financial

Euro firm after Greek climb down on referendum

TOKYO: The euro held firm against other major currencies in Asia on Friday as risk appetite grew on expectations that Gr

Published 04 Nov, 2011 04:21am

Financial

Aussie & NZ dollars hold gains; RBA cuts growth out look

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held overnight gains on Friday, as investors awaited the out

Published 04 Nov, 2011 04:16am

Financial

Singapore dollar, ringgit break support, Greece hits Asian FX

SINGAPORE : Emerging Asian currencies fell on Thursday with the Singapore dollar and the Malaysian ringgit breaching s

Published 03 Nov, 2011 11:53am

Financial

Yuan ends up, but at bottom of trading band again

SHANGHAI: The yuan closed up slightly on Thursday, but at the bottom of its daily trading band, after the central bank s

Published 03 Nov, 2011 09:51am

Financial

Euro down on Greece referendum shock as G20 meets

SINGAPORE: The euro retreated against the dollar in Asian trade Thursday as Greece faced European ire at a Group of 20 m

Published 03 Nov, 2011 04:59am

Financial

Won, most Asia FX down on Greek woes; may stay weak

SINGAPORE : The South Korean won and most of its peers fell on Wednesday as hedge funds reduced bets on emerging Asian u

Published 02 Nov, 2011 12:32pm

Financial

Aussie & NZ dollars edge off lows ahead of Fed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars found a tentative footing on Wednesday after two sessions of s

Published 02 Nov, 2011 05:04am

Financial

China's yuan edges down, even as mid-point stays firm

SHANGHAI: China's yuan edged slightly lower on Wednesday morning, although the central bank fixed the mid-point near a r

Published 02 Nov, 2011 05:01am

Financial

Euro under pressure after Greece referendum call

TOKYO: The euro remained under pressure in Asia on Wednesday as debt-ridden Greece's abrupt call for a referendum over a

Published 02 Nov, 2011 04:00am

Financial

Yen wary of more intervention; euro slumps

SINGAPORE: The dollar held steady versus the yen on Tuesday, having pulled back from a three-month high as the impact of

Published 01 Nov, 2011 04:53am

Financial

Aussie & kiwi mark time, await RBA decision

WELLINGTON/SYDNEY: The Australian and New Zealand dollars traded sideways on Tuesday, ahead of a possible first cut in A

Published 01 Nov, 2011 04:44am

Financial

Euro weak amid renewed worries over debt

TOKYO: The euro remained under pressure against other major currencies on Tuesday as risk aversion grew amid rekindled w

Published 01 Nov, 2011 04:26am

Financial

Profit-taking hits Singapore dollar, won on intervention talk

SINGAPORE : The Singapore dollar and the South Korean won shed gains on Monday as investors took profits from this mon

Published 31 Oct, 2011 11:18am

Financial

Japan intervenes in currency market to weaken yen

TOKYO: Japan on Monday intervened in currency markets for the first time since August to weaken the yen, the government

Published 31 Oct, 2011 05:26am

Financial

Dollar surges amid reports of intervention

TOKYO: The dollar surged quickly against the Japanese yen in Tokyo trade on Monday, amid reports that authorities had in

Published 31 Oct, 2011 04:47am

Financial

Aussie & kiwi on course to post huge October gains

WELLINGTON/SYDNEY: The Australian and New Zealand dollars consolidated hefty monthly gains and sat near multi-week highs

Published 31 Oct, 2011 04:42am

Financial

Indian rupee seen rising on Europe debt rescue plan

MUMBAI: The Indian rupee is seen rising sharply on Friday, following a two-day trading holiday, as global risk appetite

Published 28 Oct, 2011 04:44am

Financial

Euro holds firm amid relief over debt crisis

TOKYO: The euro held firm against the dollar in Asia Friday after surging on investor relief over the agreement between

Published 28 Oct, 2011 04:19am

Financial

Aussie set to post largest monthly rise, kiwi at 6-wk peak

WELLINGTON/SYDNEY: The Australian dollar was on track for its largest monthly jump on record, while the New Zealand doll

Published 28 Oct, 2011 04:07am

Financial

Won, Singapore dollar break resistance; EU progress lifts Asia FX

SINGAPORE : Most emerging Asian currencies rose on Thursday as Europe 's plan to ease its debt crisis boosted riskier a

Published 27 Oct, 2011 11:27am

Financial

NZ$, A$ boosted by RBNZ tightening bias, EU deal eyed

WELLINGTON/SYDNEY: The New Zealand dollar gained on Thursday, after the central bank surprisingly reaffirmed its tighten

Published 27 Oct, 2011 07:19am

Financial

Euro buying modest after EU summit

TOKYO: The euro briefly rose to a seven-week high against the dollar in Asia on Thursday as the eurozone sealed a basic

Published 27 Oct, 2011 05:30am

Financial

Rupiah slides as importers buy dollars

JAKARTA : The Indonesian rupiah slid Wednesday as importers bought US dollars to pay month-end bills on a relatively qui

Published 26 Oct, 2011 11:32am

Financial

Yuan edges up, market cautious amid political rows

SHANGHAI: The yuan was slightly up versus the dollar by midday on Wednesday, with the market remaining cautious amid gro

Published 26 Oct, 2011 06:31am

Financial

Japan's Azumi warns against FX speculation vs yen

TOKYO: Japanese Finance Minister Jun Azumi on Wednesday warned against speculators driving up the yen, saying that he wo

Published 26 Oct, 2011 05:41am

Financial

Euro rangebound ahead of debt summit

TOKYO: The euro resisted further falls against other major currencies in Asia on Wednesday but investors braced for poss

Published 26 Oct, 2011 04:38am

Financial

Aussie knocked lower by tame inflation, bonds rally

WELLINGTON/SYDNEY: The Australian dollar fell about half a cent and underperformed the kiwi as interbank futures moved t

Published 26 Oct, 2011 04:09am

Financial

Won, baht lead Asia gains;some take profit pre-EU summit

SINGAPORE : Most emerging Asian currencies rose on Tuesday, led by the South Korean won and the Thai baht, on growing co

Published 25 Oct, 2011 11:06am

Financial

Euro eases as markets seek debt talk progress

TOKYO: The euro edged down against the dollar in Asia on Tuesday, with the market focused on signs of progress in eurozo

Published 25 Oct, 2011 03:57am

Financial

Indian rupee rises on dollar inflows, euro gains; policy eyed

MUMBAI: The Indian rupee recovered on Monday from the 30-month low hit in the previous session, as a rally in domestic e

Published 24 Oct, 2011 01:29pm

Financial

Short-covers lift Asia FX, exporters support won

SINGAPORE : Most emerging Asian currencies rose on Monday with short-term investors covering short-positions built befor

Published 24 Oct, 2011 10:58am

Financial

Yen softens slightly after Japan warns of action

TOKYO: The yen eased Monday from a new record high, after Japan's finance minister again warned he could take action to

Published 24 Oct, 2011 08:04am

Financial

China 'years from convertible yuan' despite reform

BEIJING: China is resisting US demands to speed up yuan reforms and let its currency appreciate at a faster pace, even a

Published 23 Oct, 2011 05:30am

Financial

Japan says to act decisively on excessive forex moves

TOKYO: Japan's finance minister said on Saturday he would take decisive action against excessive and speculative yen mov

Published 22 Oct, 2011 04:53am

Financial

Yuan edges up vs dollar, but sharply lower than record high

SHANGHAI: The yuan edged higher versus the dollar on Friday after the People's Bank of China set a slightly stronger mid

Published 21 Oct, 2011 06:49am

Financial

Euro rangebound ahead of EU summit

TOKYO: The euro was rangebound against the dollar in Asia on Friday, as traders await an agreement between European lead

Published 21 Oct, 2011 04:28am

Financial

Aussie, NZ dollars hunker down ahead of EU summit

WELLINGTON/SYDNEY: The Australian and New Zealand dollars subdued on Friday, chopping around in slim ranges amid mixed n

Published 21 Oct, 2011 04:22am

Financial

Aussie, NZ dlrs bounce around ahead of EU summit

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were firmer but wary on Friday amid mixed news on whether a so

Published 20 Oct, 2011 09:36pm

Financial

Trimmed positions weigh on Asia FX, floods hurt baht

SINGAPORE : Emerging Asian currencies fell on Thursday as squabbles between Paris and Berlin and a slide in riskier

Published 20 Oct, 2011 12:24pm

Financial

Dollar, euro range-bound ahead of Fed speeches

TOKYO: The dollar and the euro traded in tight ranges in Tokyo Thursday as investors await comments by senior US Federal

Published 20 Oct, 2011 09:01am

Financial

A$, NZ$ track commodity prices lower

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped on Thursday with commodity prices under renewed pressu

Published 20 Oct, 2011 06:57am

Financial

An interview with HotForex chief George Koumandaris

KARACHI : Forex trading is a risky business. It requires a thorough professional to adapt to changing market conditions.

Published 19 Oct, 2011 05:03pm

Financial

Won up after swaps deal, funds unwind hedges

SINGAPORE: The won rose to a one-month high on Wednesday, leading other Asian currencies and the euro higher, after Sout

Published 19 Oct, 2011 11:31am

Financial

Aussie & NZ dollars hemmed in, eyes on Europe

WELLINGTON/SYDNEY: The Australian and New Zealand dollars barely budged on Wednesday after a volatile session overnight,

Published 19 Oct, 2011 05:14am

Financial

Euro edges higher against dollar

TOKYO: The euro edged up against the dollar in Asia on Wednesday but risk appetite was tempered by doubts about the scop

Published 19 Oct, 2011 04:18am

Financial

Aussie & NZ dollars higher, wary on EU fund report

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were tentatively firmer on Wednesday amid reports that Fran

Published 18 Oct, 2011 10:58pm

Financial

Won, ringgit lead Asia falls as hopes ebb for EU debt solution

SINGAPORE : The South Korean won and the Malaysian ringgit led declines in Asia currencies on Tuesday as short-term in

Published 18 Oct, 2011 11:50am

Financial

Euro off 1-month high as crisis plan optimism ebbs

SINGAPORE: The euro rose on Tuesday but remained below the previous day's one-month high, having taken a hit after Germa

Published 18 Oct, 2011 05:22am

Financial

Aussie, NZ dollars nurse losses; take China data in stride

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed losses on Tuesday, having suffered steep declines ove

Published 18 Oct, 2011 05:03am

Financial

Indian rupee up on euro, choppy local shares limit rise

MUMBAI: The Indian rupee nudged higher on Monday comforted by a strong euro, although volatility in domestic equities an

Published 17 Oct, 2011 05:29am

Financial

Won leads FX gains as specs target resistance

SINGAPORE : The South Korean won led gains on Monday among emerging Asian currencies, which speculators bought as they t

Published 17 Oct, 2011 04:53am

Financial

Euro near 1-month high on EU hopes, further gains eyed

TOKYO: The euro hovered near a one-month high on Monday after the G20 summit boosted hopes that the EU would decisively

Published 17 Oct, 2011 03:52am

Financial

S$ leads weekly Asia FX gains; intervention spotted

SINGAPORE: The Singapore dollar was on track for its largest weekly gains in 16 months, rising on Friday after the centr

Published 14 Oct, 2011 09:25am

Financial

Aussie & NZ$ off on Spain, bank downgrades; China eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars eased modestly on Friday after a cascade of ratings actions

Published 14 Oct, 2011 04:18am

Financial

Euro lower after Spain downgrade

TOKYO: The euro fell against other major currencies in Asia on Friday after Standard & Poor's downgraded Spain's credit

Published 14 Oct, 2011 04:00am

Financial

Aussie & NZ$ hold ground, capped by China, stocks

SYDNEY/WELLINGTON: The Australian and New Zealand dollars consolidated near multi-week highs on Friday, with softer C

Published 13 Oct, 2011 08:52pm

Financial

Yuan weakens as PBOC signals two-way trading, displeasure with US

SHANGHAI: The yuan slipped on the dollar on Thursday after China's central bank set a sharply weaker mid-point which tra

Published 13 Oct, 2011 06:00am

Financial

Won leads Asia FX gains; China weighs on rises

SINGAPORE : Emerging Asian currencies on Thursday gave up initial gains helped by progress in euro zone's rescue fund af

Published 13 Oct, 2011 05:52am

Financial

A$ builds rally on solid jobs data

SYDNEY/WELLINGTON: The Australian dollar extended already hefty gains on Thursday as strong jobs data led the market to

Published 13 Oct, 2011 05:18am

Financial

Euro steady as fear over debt crisis eases

TOKYO: The euro held steady in Asia on Thursday after the European Union called for an "urgent" recapitalisation of bank

Published 13 Oct, 2011 04:44am

Financial

Aussie dollar moves decisively above greenback parity

SYDNEY: The Australian dollar was trading decisively above parity with the greenback on Thursday, gaining nearly two cen

Published 12 Oct, 2011 10:17pm

Financial

Won, Singapore dollar off lows; some bet on Asia FX rebound

SINGAPORE: The South Korean won and the Singapore dollar recovered most of their earlier falls as short-term investors a

Published 12 Oct, 2011 11:36am

Financial

Euro falls after Alcoa, Slovak vote

TOKYO: The euro fell broadly on Wednesday, reversing its recent corrective rally made on hopes for a solution to the deb

Published 12 Oct, 2011 04:48am

Financial

Aussie & NZ dollars softer on stocks, China

SYDNEY/WELLINGTON: The Australian and New Zealand dollars drifted lower on Wednesday, weighed by a softer tone in stoc

Published 12 Oct, 2011 04:36am

Financial

Yuan falls on trade dispute worries, briefly limit down

SHANGHAI: China's yuan fell sharply in early trade on Wednesday to its lower daily limit against the dollar, although it

Published 12 Oct, 2011 04:26am

Financial

A$ & NZ$ hold hefty gains, A$ tackles parity

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held and consolidated hefty gains on Tuesday, after a Franco

Published 11 Oct, 2011 07:26am

Financial

China's currency strengthens ahead of US vote

BEIJING: China's yuan hit its strongest level against the dollar in more than a year on Tuesday as US lawmakers prepare

Published 11 Oct, 2011 06:49am

Financial

Euro edges down on profit-taking

TOKYO: The euro edged lower on Tuesday as traders moved to lock in profits from the unit's sharp overnight gains, but it

Published 11 Oct, 2011 06:13am

Financial

Rupiah falls but may be nearing turning point

SINGAPORE : The Indonesian rupiah slipped on Monday ahead of short-term domestic debt redemptions later in the week, but

Published 10 Oct, 2011 11:34am

Financial

Aussie & NZ dollars buoyed by bouncy euro, stocks

SYDNEY/WELLINGTON: The Australian and New Zealand dollars moved higher on Monday, tracking a bouncy euro, after Germany

Published 10 Oct, 2011 04:25am

Financial

Euro lifted in Asia by France-Germany plan

SINGAPORE: The euro rose above $1.34 in Asia on Monday after France and Germany vowed swift action to shore up Europe's

Published 10 Oct, 2011 04:08am

Financial

Money influx from Qatar into European banks

DOHA : Hopes may be disappointed for an influx of money from Qatar and other rich Gulf states into battered European

Published 09 Oct, 2011 04:22pm

Financial

Euro edges lower ahead of US jobs data

TOKYO: The euro edged lower against major currencies in Asia on Friday as markets waited for key US jobs data, after the

Published 07 Oct, 2011 04:41am

Financial

Aussie & NZ dollars hold gains post-ECB, US jobs loom

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held to overnight gains on Friday after moves to support Europ

Published 07 Oct, 2011 04:22am

Financial

Ringgit, baht outperform; Asia FX could gain more

SINGAPORE : The ringgit rose on Thursday as investors bought back the heavily shorted Malaysian currency, and the baht g

Published 06 Oct, 2011 11:31am

Financial

Euro rangebound ahead of ECB meeting

TOKYO: The euro retained its overnight gains in Asia on Thursday but market participants refrained from making major mov

Published 06 Oct, 2011 04:34am

Financial

Aussie & NZ dollars consolidate, ECB meeting in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars marked time on Thursday, following an offshore rally, as uncer

Published 06 Oct, 2011 04:17am

Financial

Won, rinngit up as funds cut short-Asia FX bets

SINGAPORE : The Malaysian ringgit and the South Korean won rose on Wednesday, leading overall strength in their Asian pa

Published 05 Oct, 2011 11:28am

Financial

Indian rupee up on dollar inflows

MUMBAI: The Indian rupee snapped a 3-day slide and rose on Wednesday, helped by dollar inflows and a small reprieve in t

Published 05 Oct, 2011 06:26am

Financial

Euro falters after brief rally, mood brittle

TOKYO: The euro faltered on Wednesday, edging back towards a 10-month low as macro funds and Tokyo exporters piled press

Published 05 Oct, 2011 03:43am

Financial

South Korea foreign reserves tumble

SEOUL : South Korea 's foreign reserves last month fell by the biggest amount since the 2008 global crisis, data sho

Published 04 Oct, 2011 09:36pm

Financial

Won recovers on foreign support, Singapore dollar up

SINGAPORE : The won cut its losses on Tuesday after a few regional central banks bought South Korean currency bonds for

Published 04 Oct, 2011 11:35am

Financial

New Zealand dollar plumbs six-month low

WELLINGTON: The New Zealand dollar fell below $0.7500 to a six month low on Tuesday as investors shunned risk amid fea

Published 04 Oct, 2011 04:50am

Financial

Aussie dollar hits year low on global turmoil

SYDNEY: Australia's currency hit its lowest point against the US dollar in a year on Tuesday as global uncertainty grew

Published 04 Oct, 2011 04:29am

Financial

Dollar near 9-month high as bank fears grip market

TOKYO: The dollar was supported near a 9-month high against a basket of currencies on Tuesday with the market gripped by

Published 04 Oct, 2011 03:56am

Financial

A$, NZ$ skid to multi-month lows on EU worries

WELLINGTON/SYDNEY: The Australian and New Zealand dollars sank to fresh multi-month lows on Monday as deepening concerns

Published 03 Oct, 2011 08:09am

Financial

Indian rupee drops 1pc on euro zone worries

MUMBAI: The Indian rupee shed more than 1 percent on Monday as deepening concerns over impact of Europe's debt crisis on

Published 03 Oct, 2011 07:50am

Financial

Euro falls further amid risk aversion

TOKYO : The euro retreated against other major currencies in Asia on Monday as persistent worries over the European so

Published 03 Oct, 2011 06:37am

Financial

Central bank to strengthen rial rate: Iran

TEHRAN: Iran's central bank governor said on Sunday he was taking action to strengthen the national currency's rate of e

Published 02 Oct, 2011 02:44pm

Financial

India's rupee a victim of global turmoil

NEW DELHI: India's rupee has slid nearly 10 percent in three months against the dollar, a consequence of global economic

Published 02 Oct, 2011 05:09am

Financial

T$, won post worst quarter in years; sentiment weak

SINGAPORE: The Taiwan dollar on Friday ended its worst quarter since the 1997 Asian financial crisis and the South Korea

Published 30 Sep, 2011 08:50am

Financial

NZ$, A$ skid in worst month since Jan 2009

WELLINGTON/SYDNEY: The New Zealand and Australian dollars slipped on Friday to suffer their worst monthly performance in

Published 30 Sep, 2011 06:36am

Financial

Yen up as exporters sell dollar; euro grinds lower

TOKYO: The yen gained across the board on Friday as Japanese exporters sold both the euro and the dollar at the end of t

Published 30 Sep, 2011 05:35am

Financial

Yuan hits lower end of trading limit vs dollar

SHANGHAI: China's yuan hit the lower trading limit against the dollar from the Chinese central bank's mid-point on Frida

Published 30 Sep, 2011 04:52am

Financial

Euro softens in Asia after Germany vote

TOKYO: The euro softened in Asian trade Friday against major rivals after being boosted by Germany's approval of expandi

Published 30 Sep, 2011 04:39am

Financial

Real money funds sell ringgit, baht before German vote

SINGAPORE : Offshore funds reduced exposure to emerging Asian currencies on Thursday ahead of a key German vote on a eur

Published 29 Sep, 2011 11:41am

Financial

A$ & NZ$ nudge higher ahead of German vote

WELLINGTON/SYDNEY: The Australian and New Zealand dollars consolidated against the greenback on Thursday, lifted by shor

Published 29 Sep, 2011 06:40am

Financial

Euro rangebound before German vote

TOKYO: The euro was rangebound against other major currencies in Asia on Thursday as investors stayed cautious ahead of

Published 29 Sep, 2011 05:00am

Financial

Peso, won up on funds, exporters, remain sceptical on euro

SINGAPORE : The Philippine peso rose on Wednesday on demand from macro funds and interbank speculators, while exporters

Published 28 Sep, 2011 11:45am

Financial

Yen up on quarter-end flows; euro's bounce fades

SINGAPORE: The yen rose on Wednesday, buoyed by Japanese fund repatriation and buying by Japanese exporters, while the e

Published 28 Sep, 2011 06:54am

Financial

Aussie & NZ dollars sit on gains, await EU leads

WELLINGTON/SYDNEY: The Australian and the New Zealand dollars were subdued on Wednesday, following strong offshore gains

Published 28 Sep, 2011 04:17am

Financial

Euro edges higher in cautious trade

TOKYO: The euro edged higher in Asian trade Wednesday on cautious optimism that eurozone leaders can agree on a plan to

Published 28 Sep, 2011 03:45am

Financial

Investment banks, funds buy Asia FX on dips

SINGAPORE: Emerging Asian currencies bounced on Tuesday, led by the South Korean won and Indonesian rupiah on buying by

Published 27 Sep, 2011 11:33am

Financial

Indian rupee up as some risk appetite returns; oil may weigh

MUMBAI: The Indian rupee gained on Tuesday, supported by positive local shares and strong regional peers, as appetite fo

Published 27 Sep, 2011 07:21am

Financial

Aussie & NZ dollars bounce, buoyed by Asian stocks

WELLINGTON/SYDNEY: The Australian and the New Zealand dollars added to short-covering gains on Tuesday, bolstered by b

Published 27 Sep, 2011 04:26am

Financial

Yuan weakens against dollar, central bank wants stronger yuan

BEIJING/SHANGHAI: China's yuan weakened against the dollar in the morning session on Tuesday although the central bank s

Published 27 Sep, 2011 04:22am

Financial

Euro weaker against dollar

TOKYO: The euro came under renewed pressure against the dollar in Asia on Tuesday, resuming its fall on concerns over th

Published 27 Sep, 2011 04:11am

Financial

Aussie, NZ dollars rise on Europe banks' hope

WELLINGTON/SYDNEY: The Australian and the New Zealand dollars gained early on Tuesday, bolstered by reports that officia

Published 26 Sep, 2011 10:08pm

Financial

Fund redemptions hit baht, Philippine peso

SINGAPORE : The Thai baht and Philippine peso fell on Monday, with talk of equity fund redemptions driving investors to

Published 26 Sep, 2011 01:16pm

Financial

Yuan rises vs dollar after central bank sets record high mid-point

BEIJING/SHANGHAI: The yuan rose against the dollar in morning trade on Monday after the central bank set a record high m

Published 26 Sep, 2011 04:32am

Financial

Thai stocks fall more than 4pc to 1-year low

BANGKOK: Thai stocks fell more than 4 percent to a one-year low on Monday, led by big-cap energy and bank shares, as inv

Published 26 Sep, 2011 04:30am

Financial

Euro falls against dollar on eurozone debt woes

TOKYO: The euro fell against the dollar in Asia on Monday as risk-averse investors shunned the European single unit amid

Published 26 Sep, 2011 04:25am

Financial

Aussie & NZ dollars wobbly amid EU confusion

WELLINGTON/SYDNEY: The Australian and New Zealand dollars got off to a wobbly start on Monday as investors reacted cauti

Published 26 Sep, 2011 04:22am

Financial

South Korea won rebounds on warnings, suspected intervention

SEOUL: A combination of verbal warnings and suspected heavy dollar-selling by the authorities helped the South Korean wo

Published 23 Sep, 2011 07:35am

Financial

Euro up on profit-taking; no surprise from G20

SINGAPORE: The euro rose on profit-taking on Friday after slipping to an eight-month low the previous day, but its gains

Published 23 Sep, 2011 05:59am

Financial

Yuan falls sharply in Hong Kong as investors head for exits

HONG KONG : The Chinese yuan traded in the offshore market dropped sharply on Friday, extending Thursday's retreat as in

Published 23 Sep, 2011 04:23am

Financial

Indian rupee falls to fresh 28-month low

MUMBAI: The Indian rupee fell to its lowest in more than 28 months on Friday, tracking weak Asian shares and as the doll

Published 23 Sep, 2011 04:20am

Financial

Aussie & NZ dollars trim heavy losses on G20, China

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed heavy losses on Friday amid a global flight from risk

Published 23 Sep, 2011 04:13am

Financial

Dollar keeps strength amid market panic

SINGAPORE : The dollar extended gains Friday thanks to its reputation as a safe haven during crises, as turmoil sparked

Published 23 Sep, 2011 04:05am

Financial

Aussie & NZ dollars savaged investors flee risk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed huge losses on Friday having plunged to multi-month l

Published 22 Sep, 2011 10:24pm

Financial

Indian rupee at 2-year low; traders look for Central Bank presence

MUMBAI: The Indian rupee fell 1 percent to its lowest in more than two years on Thursday, tracking weak local shares, af

Published 22 Sep, 2011 07:00am

Financial

A$ dips below greenback parity

SYDNEY: The Australian dollar dipped below parity with the US dollar on Thursday for only the second time since March, a

Published 22 Sep, 2011 05:57am

Financial

Dollar rises as dealers seek safe haven

TOKYO: The dollar rose in Asian trade on Thursday as market players shunned risks amid disappointment over the Federal R

Published 22 Sep, 2011 04:20am

Financial

Aussie & NZ dollars slide as investors dump risk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars dived to six-week lows on Thursday as investors slashed posi

Published 21 Sep, 2011 10:31pm

Financial

Indian rupee rises on firm euro, dollar inflows, Fed eyed

MUMBAI: The Indian rupee strengthened on Wednesday, pulling further away from a two-year low touched in the previous ses

Published 21 Sep, 2011 12:52pm

Financial

Local currency selloff slows, liquidation fears remain

SINGAPORE : Institutional investors sold emerging Asian currencies on Wednesday, putting pressure on the Singapore dol

Published 21 Sep, 2011 11:38am

Financial

Yen nears post-war high ahead of Fed meeting

TOKYO: The dollar fell against the yen on Wednesday, approaching its post-war record low, with the US unit pressured by

Published 21 Sep, 2011 07:28am

Financial

Dollar/yen near record low, wary of intervention

SINGAPORE/TOKYO: The dollar fell close to a record low against the yen on Wednesday, pressured by Japanese exporters and

Published 21 Sep, 2011 04:29am

Financial

Aussie & NZ dollors consolidate ahead of FOMC

WELLINGTON/SYDNEY: The Australian and New Zealand dollars clung onto gains on Wednesday, as sentiment was lifted on ta

Published 21 Sep, 2011 04:24am

Financial

Indian rupee slides to two-year low against dollar

MUMBAI : India's rupee slid to a two-year low against the dollar on Tuesday as worries over the deepening European debt

Published 20 Sep, 2011 12:31pm

Financial

Real money funds keep cutting positions

SINGAPORE: The South Korean won hit a nine-month low on Tuesday as real money funds continued to reduce positions in eme

Published 20 Sep, 2011 11:31am

Financial

Euro falls after S&P downgrades Italy

TOKYO : The euro fell against the dollar in Asia on Tuesday in the wake of the downgrade of Italian sovereign debt by

Published 20 Sep, 2011 07:15am

Financial

A$ and NZ$ skid as markets shun risk

WELLINGTON/SYDNEY: The Australian and New Zealand dollars skidded on Tuesday, as a credit downgrade for Italy and re

Published 20 Sep, 2011 06:51am

Financial

Aussie & NZ dollars trims losses after euro debt battering

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were off their lows but looking vulnerable on Tuesday, after

Published 19 Sep, 2011 10:04pm

Financial

Funds keep slashing bets on Korean won, Singapore dollar

SINGAPORE : The South Korean won on Monday fell to its lowest against the yen since March 2009 and the Singapore dolla

Published 19 Sep, 2011 11:30am

Financial

South Korea won erases 2011 gains to hit 6-month low

SEOUL : The South Korean won lost more than 2 percent against the dollar on Monday, wiping out this year's gains on mark

Published 19 Sep, 2011 08:31am

Financial

A$, NZ$ stung by European setbacks

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slumped on Monday, dogged by a number of political euro zone

Published 19 Sep, 2011 04:58am

Financial

Euro under pressure in Asian trade

SINGAPORE : The euro fell against the dollar in Asian trade Monday after eurozone finance ministers delayed the release

Published 19 Sep, 2011 04:28am

Financial

A$, NZ$ fall away as EU woes weigh

WELLINGTON/SYDNEY: The Australian and New Zealand dollars traded with a downbeat tone on Monday as a meeting of European

Published 18 Sep, 2011 10:16pm

Financial

Yuan rises vs dollar after central bank sets record high mid-point

SHANGHAI : The yuan rose against the dollar on Friday after the central bank set a record high mid-piont, but gains w

Published 16 Sep, 2011 06:15am

Financial

Aussie & NZ dollars cling to gains, watching Asian currencies

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held steady, on Friday after tracking the euro higher on the

Published 16 Sep, 2011 04:13am

Financial

Dollar edges up but central banks action weighs

TOKYO : The greenback edged up in Asian trade Friday as traders adjusted their positions but an agreement among major ce

Published 16 Sep, 2011 04:08am

Financial

Aussie & NZ dollars rally, liquidity plan aids euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars made a comeback on the greenback on Friday after tracking th

Published 15 Sep, 2011 10:58pm

Financial

Extend drop in Asia, won hits 6-month low

SINGAPORE : The dollar rose broadly against emerging Asian currencies on Thursday, with the South Korean won hitting a s

Published 15 Sep, 2011 11:18am

Financial

Euro eases despite support for Greece

TOKYO: The euro eased in Asian trade Thursday, weighed by continued nervousness about Greece's fate, despite positive no

Published 15 Sep, 2011 05:01am

Financial

NZ dollar falls after RBNZ rate decision

WELLINGTON : The New Zealand dollar fell and debt rose on Thursday after the Reserve Bank of New Zealand left rate

Published 14 Sep, 2011 10:01pm

Financial

Rupiah tumbles in broad Asia FX selloff

SINGAPORE : The dollar surged to its highest in more than six months against the Indonesian rupiah on Wednesday as dolla

Published 14 Sep, 2011 11:32am

Financial

Australia shares retreat from highs; Sigma rallies

MELBOURNE : Australian shares were up just 0.2 percent on Wednesday, off session highs as the Asian Development Bank tri

Published 14 Sep, 2011 04:35am

Financial

Aussie & NZ dollars loiter, tense ahead of Greek call

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were drifting with a soft tone on Wednesday, as markets were h

Published 14 Sep, 2011 04:31am

Financial

Indian rupee drops to near 2-year low; hits 48/dollars

MUMBAI: The Indian rupee fell to 48 against the dollar, its weakest in nearly 2 years, early on Wednesday as worries Eur

Published 14 Sep, 2011 04:16am

Financial

Euro eases against dollar ahead of Greece talks

TOKYO : The euro eased in Asian trade on Wednesday with few trading cues as cautious markets focused on a scheduled conf

Published 14 Sep, 2011 04:10am

Financial

Rupiah hits 4-month low, pressured by NDF flows

SINGAPORE: The Indonesian rupiah hit its lowest level in more than four months on Tuesday, pressured by dollar-buying in

Published 13 Sep, 2011 11:30am

Financial

Aussie, NZ$ pare steep losses on China hope

WELLINGTON/SYDNEY: The Australian and New Zealand dollars pared some of its recent heavy losses Tuesday as Wall Street

Published 12 Sep, 2011 09:57pm

Financial

Singapore dollar down, market players wary of policy shift

SINGAPORE : The Singapore dollar hit its lowest level in more than two months on Monday, hurt by investor jitters over

Published 12 Sep, 2011 11:33am

Financial

Risk aversion knocks Aussie, NZD sharply lower

WELLINGTON/SYDNEY: The Australian dollar shed more than a full cent on Monday, while its New Zealand peer also lost g

Published 12 Sep, 2011 08:56am

Financial

Euro at new 10 year-low versus yen on Greece woes

TOKYO: The euro slumped in Asian trade Monday on deepening concerns over a possible default by Greece, with the single c

Published 12 Sep, 2011 06:04am

Financial

Aussie, NZ$ on defensive as euro hammered

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were under pressure early on Monday as the greenback powered

Published 11 Sep, 2011 10:55pm

Financial

France says believes the yuan is undervalued

CANBERRA : French Foreign Minister Alain Juppe said on Sunday he believed the Chinese currency was undervalued and would

Published 11 Sep, 2011 06:37am

Financial

Indian rupee slides for fifth straight session on Friday

MUMBAI: The Indian rupee fell for the fifth straight session on Friday, after touching a new one-year low earlier , as t

Published 09 Sep, 2011 12:53pm

Financial

Aussie, NZ dollars rally against euro, gain on USD

WELLINGTON/SYDNEY: The Australian and New Zealand dollars rallied to one-month highs against a depressed euro on Friday

Published 09 Sep, 2011 07:07am

Financial

Euro firms on buybacks before G7 meeting

TOKYO : The euro rebounded against the dollar in Asia on Friday on buybacks following heavy selloffs overnight as deal

Published 09 Sep, 2011 04:36am

Financial

Aussie and NZ dollars softer ahead of Obama, China

WELLINGTON/SYDNEY: The Australian and New Zealand dollars are sitting lower on Friday as investors turn risk wary afte

Published 08 Sep, 2011 10:59pm

Financial

Rupee hits 1-year low, won dips

SINGAPORE: The Indian rupee hit a one-year low against the dollar on Thursday as the greenback rose on short-covering, w

Published 08 Sep, 2011 11:22am

Financial

Dollar firmer ahead of Obama's speech

TOKYO : The dollar was firmer in largely directionless Asian trade on Thursday as the market awaited US President Barack

Published 08 Sep, 2011 06:31am

Financial

Indian rupee drops to 1-year low; Asian peers drag

MUMBAI: The Indian rupee fell to its lowest in a year on Thursday as dollar climbed versus major currencies and against

Published 08 Sep, 2011 04:32am

Financial

Aussie to hold above parity, NZD to firm

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Published 08 Sep, 2011 04:19am

Financial

Dollar firmer ahead of Obama's speech

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Published 08 Sep, 2011 04:09am

Financial

Won, Singapore dollar rise as equities claw back ground

SINGAPORE : The South Korean won and Singapore dollar edged higher against the dollar on Wednesday, trimming some loss

Published 07 Sep, 2011 12:37pm

Financial

Aussie dollar surges, bonds retreat after GDP

WELLINGTON/SYDNEY: The Australian dollar powered up on Wednesday and dragged the kiwi higher as well after Australian ec

Published 07 Sep, 2011 04:20am

Financial

Dollar firmer against the yen after Swiss action

TOKYO : The dollar held relatively firm against the yen in Asia on Wednesday as the market continued to digest the surpr

Published 07 Sep, 2011 04:13am

Financial

Dollar rises vs Asian currencies on short-covering

SINGAPORE : The dollar rose broadly against Asian currencies on Tuesday as weakness in Asian equities and jitters over t

Published 06 Sep, 2011 11:49am

Financial

Japan finance minister to detail yen threat at G7

TOKYO: Japan's new finance minister Jun Azumi on Tuesday reiterated that he will try to convince his Group of Seven coun

Published 06 Sep, 2011 08:48am

Financial

Aussie & NZ dollars dragged down by global jitters

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars were on the backfoot on Tuesday as concerns about the health of th

Published 06 Sep, 2011 07:57am

Financial

Euro drops as sovereign debt fears rise

TOKYO: The euro lost further ground in Asia on Tuesday, after European stock markets plunged on worries about the fragil

Published 06 Sep, 2011 04:50am

Financial

Aussie & NZD slip in thin trade, eyes on RBA

WELLINGTON/SYDNEY: The Aussie and New Zealand dollars were sharply lower in thin trade on Tuesday as further worries abo

Published 05 Sep, 2011 10:18pm

Financial

Won, ringgit fall as risky assets retreat

SINGAPORE : Emerging Asian currencies fell broadly on Monday, led by a drop in the South Korean won, after weak US jobs

Published 05 Sep, 2011 12:00pm

Financial

Euro falls against dollar as US worries rise

TOKYO : The euro fell further against the dollar in Asia on Monday as risk appetite was eroded by worries over a recessi

Published 05 Sep, 2011 04:48am

Financial

Aussie & NZD softer, weighed by sliding stocks

WELLINGTON/SYDNEY: The Australian and New Zealand dollars retreated modestly on Monday, pressured by weak stocks, disapp

Published 05 Sep, 2011 04:25am

Financial

BN foreign exchange reserves rise to $10.93bn

DHAKA : Bangladesh 's foreign exchange reserves rose to $10.93 billion at the end of August from $10.38 billion in July

Published 04 Sep, 2011 01:17pm

Financial

Euro nurses losses, eyes on US jobs data

SINGAPORE/SYDNEY: The euro steadied on Friday after a drubbing overnight on weak euro zone data, supported by talk that

Published 02 Sep, 2011 06:01am

Financial

Aussie, kiwi mark time on USD, hold ground vs euro

WELLINGTON/SYDNEY: The Australian and New Zealand dollars paused against the greenback and held their ground on a wobbly

Published 02 Sep, 2011 05:48am

Financial

Yuan edges down on strong dollar; market awaits key data

SHANGHAI : China's yuan slipped slightly against the dollar by midday on Friday after the People's Bank of China set a w

Published 02 Sep, 2011 05:43am

Financial

Yen falls as Japanese banks spur dollar buying

TOKYO : The yen fell across the board after dollar buying by Japanese accounts spurred more broad-based purchases of the

Published 01 Sep, 2011 07:21am

Financial

Dollar rises against the yen

TOKYO: The dollar climbed against the yen in Asia on Thursday after positive US manufacturing data eased concerns abou

Published 01 Sep, 2011 05:50am

Financial

Aussie & NZ dollalrs consolidate far above August lows

WELLINGTON/SYDNEY: The Australian and New Zealand dollars consolidated near multi-week highs against most currencies on

Published 31 Aug, 2011 06:44am

Financial

Euro on defensive; Japan exporters lift yen

SINGAPORE/SYDNEY: Renewed concerns about the euro zone sovereign debt crisis weighed on the single currency on Wednesday

Published 31 Aug, 2011 06:38am

Financial

Dollar rangebound against yen

TOKYO : The dollar was stuck in a tight range against the yen in Asia on Wednesday with month-end demand dominating tran

Published 31 Aug, 2011 06:23am

Financial

Indian rupee rises tracking euro, shares; GDP data eyed

MUMBAI: The Indian rupee rose for a second straight session on Tuesday in tandem with gains in domestic equities and the

Published 30 Aug, 2011 10:50am

Financial

New Zealand dollar powers up on risk appetite, Aussie holds gains

WELLINGTON/SYDNEY: The New Zealand dollars powered higher on Tuesday as risk appetite improved with stronger equities an

Published 30 Aug, 2011 04:46am

Financial

Dollar rangebound amid renewed optimism

TOKYO: The dollar moved narrowly against other major currencies in Asia on Tuesday after better-than-expected US data he

Published 30 Aug, 2011 03:43am

Financial

Won, ringgit up on Fed hope; caution remains on Asian FX

SINGAPORE : The South Korean won and the Malaysian ringgit rose on Monday as interbank speculators added positions in mo

Published 29 Aug, 2011 09:57am

Financial

Yuan hits record high as PBOC signals appreciation

SHANGHAI : The yuan closed higher versus the dollar on Monday after hitting an all-time trading peak as the People's Ban

Published 29 Aug, 2011 09:08am

Financial

Indian rupee up on strong local shares, euro's gains

MUMBAI: The Indian rupee strengthened on Monday, supported by a sharp rise in local shares, Asian peers and gains in the

Published 29 Aug, 2011 07:20am

Financial

Aussie & NZ dollars firmer in line with stocks

SYDNEY: The Australian and New Zealand dollars cantered higher against major currencies on Monday, lifted by gains in As

Published 29 Aug, 2011 04:01am

Financial

Dollar holds firm after Bernanke speech

TOKYO: The dollar held firm against other major currencies in Asia on Monday after a much-awaited speech by US Federal

Published 29 Aug, 2011 03:29am

Financial

South Korea won steady early, Bernanke speech eyed

SEOUL : The South Korean won was almost steady against the dollar early on Friday as traders awaited Federal Reserve Cha

Published 26 Aug, 2011 07:10am

Financial

Aussie & NZ dollars drift up on RBA

SYDNEY: The Aussie dollar edged higher on Friday as markets trimmed the risk of deep interest rate cuts following cautio

Published 26 Aug, 2011 05:08am

Financial

Dollar rangebound against yen, Bernanke eyed

TOKYO: The dollar was rangebound against the yen in Asia on Friday as the market awaited a speech by the US Federal Re

Published 26 Aug, 2011 03:30am

Financial

Indian rupee dips to 11-month low on dollar's rise

MUMBAI: The Indian rupee plunged to its weakest in more than 11 months on Thursday, tracking broad gains in the dollar a

Published 25 Aug, 2011 08:49am

Financial

Aussie & NZ$ under mild pressure, eyes on Fed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars eased on Thursday, underperforming a firmer greenback on uncer

Published 25 Aug, 2011 05:42am

Financial

Dollar holds firm on strong US data

TOKYO: The dollar held steady against other major currencies in Asia on Thursday as upbeat US manufacturing data improve

Published 25 Aug, 2011 04:54am

Financial

Won, Singapore dollar turn lower; stocks weigh on Asian FX

SINGAPORE : The South Korean won and the Singapore dollar eased on Wednesday as interbank speculators and custodian ba

Published 24 Aug, 2011 10:14am

Financial

Dollar slightly lower after Japan statement on yen

TOKYO : The dollar fell slightly versus the yen after Japan unveiled a $100 billion credit line to help companies deal w

Published 24 Aug, 2011 07:16am

Financial

Indian rupee weakens on losses in Asian peers, euro

MUMBAI: The Indian rupee traded down on Wednesday weighed by losses in the euro, Asian peers and volatile local shares,

Published 24 Aug, 2011 06:15am

Financial

Aussie & NZ dollars ease back as equities fade

WELLINGTON/SYDNEY: The Australian and New Zealand dollars pared back overnight gains on Wednesday after Asian stocks tur

Published 24 Aug, 2011 03:58am

Financial

Japan unveils new measures to deal with strong yen

TOKYO: Japan's finance minister unveiled steps on Wednesday to combat the rise of the yen, which threatens to undermin

Published 24 Aug, 2011 03:49am

Financial

Indian rupee ranged, euro zone PMI data, importer demand key

MUMBAI: The Indian rupee sat tight in thin trade on Tuesday as choppy local shares provided little direction and traders

Published 23 Aug, 2011 11:46am

Financial

Won, Singapore dollar up as specs add Asia FX after China PMI

SINGAPORE : The South Korean won and the Singapore dollar rose on Tuesday, with interbank speculators buying emerging

Published 23 Aug, 2011 10:14am

Financial

China Central Bank adviser expects long-term dollar decline

BEIJING : The US dollar is likely to weaken over the long-term, although it may rebound in the short run, Xia Bin, an ac

Published 23 Aug, 2011 07:17am

Financial

South Korean shares close 3.86pc higher

SEOUL : South Korean shares ended 3.86 percent higher on Tuesday amid bargain hunting and talks of possible new US sti

Published 23 Aug, 2011 06:22am

Financial

Currency markets quiet ahead of Bernanke speech

TOKYO : The dollar edged lower against the euro in quiet Tokyo trade as investors stuck to the sidelines ahead of a key

Published 23 Aug, 2011 04:31am

Financial

Aussie, NZD rise after China data, eyes on RBA speech

SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed on Tuesday in the wake of better-than-expected Chinese

Published 23 Aug, 2011 04:00am

Financial

Won, peso up on specs, stay cautious over Asia FX

SINGAPORE : The South Korean won and the Philippine peso rose slightly on Monday as speculators bought some of battered

Published 22 Aug, 2011 09:09am

Financial

Indian rupee hits near 9-month low on importer dollar demand

MUMBAI: The Indian rupee touched its weakest level in nearly nine months on Monday, dragged by dollar demand from domest

Published 22 Aug, 2011 06:45am

Financial

Dollar up from historic low against yen

TOKYO: The dollar clawed back ground against the yen on Monday after hitting a historic low last week, as Tokyo uppe

Published 22 Aug, 2011 05:04am

Financial

Aussie & NZ dollars edge up, lifted by Asian equities

SYDNEY/WELLINGTON: The Australian and New Zealand dollars drifted higher on Monday, lifted by resilient equities, though

Published 22 Aug, 2011 03:50am

Financial

Bank of Japan mulls to ease monetary policy

TOKYO : The Bank of Japan will consider easing monetary policy further, possibly at an emergency meeting before next mon

Published 21 Aug, 2011 04:34pm

Financial

Japan ready to act over yen's historic rise: Media

TOKYO : Japan is ready to take action against a further surge in the yen, including market intervention, after the safe-

Published 20 Aug, 2011 05:32am

Financial

Short-covering pushes yuan lower against dollar

SHANGHAI : The yuan closed down against the dollar on Friday as traders said a weaker-than-expected central bank fixing

Published 19 Aug, 2011 07:58am

Financial

South Korea won sets fourth weekly fall

SEOUL: The South Korean won fell for a fourth consecutive week against the dollar, its longest losing streak in 14 month

Published 19 Aug, 2011 07:07am

Financial

Dollar funding costs rebound on Europe fears

HONG KONG : Dollar funding costs rebounded on Friday after a sharp drop in equities reawakened fears that the spreading

Published 19 Aug, 2011 06:55am

Financial

Euro remains under selling pressure in Asia

TOKYO : The euro faced continued selling pressure in Asia on Friday as a tumbling global stock market continued to erode

Published 19 Aug, 2011 04:49am

Financial

Aussie & NZ dollars drift, bonds surge

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dropped to one-week lows on Friday as investors dumped risky a

Published 19 Aug, 2011 03:49am

Financial

Singapore dollar down on profit-taking, leads Asian FX falls

SINGAPORE: The Singapore dollar broke through a short-term support line on profit-taking by investment banks amid interv

Published 18 Aug, 2011 10:46am

Financial

Aussie & kiwi dollars dip as risk appetite dented

SYDNEY/WELLINGTON: The Australian and New Zealand dollars retreated on Thursday as equity weakness across the Asian regi

Published 18 Aug, 2011 06:49am

Financial

Euro under pressure on profit taking

TOKYO : The euro came under pressure Thursday in Asian trade on profit taking following gains made on the previous day,

Published 18 Aug, 2011 06:12am

Financial

Won, Singapore dollar down, Asian FX sentiment still fragile

SINGAPORE : The South Korean won and the Singapore dollar eased as interbank speculators added dollar positions follow

Published 17 Aug, 2011 10:26am

Financial

Indian rupee rangebound; eyes stocks, euro for cues

MUMBAI: The Indian rupee was largely steady on Wednesday, after a choppy start, as local share gains offset losses in th

Published 17 Aug, 2011 07:25am

Financial

Euro steadies in Tokyo after earlier falls

TOKYO: The euro steadied against major currencies in Asia on Wednesday after falling in the wake of talks between the

Published 17 Aug, 2011 06:12am

Financial

Euro weakens in Tokyo after France-Germany talks

TOKYO : The euro dropped against major currencies in early Tokyo trade on Wednesday after talks between the leaders of F

Published 17 Aug, 2011 04:16am

Financial

Aussie & kiwi dollars sidelined; Swiss franc in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held up relatively well on Wednesday, but were pretty much sid

Published 17 Aug, 2011 03:42am

Financial

Indian rupee up as euro, shares offset importer's dollar demand

MUMBAI: The Indian rupee climbed higher on Tuesday, as the euro clung to much of the gains it made the previous day, wit

Published 16 Aug, 2011 10:39am

Financial

Won leads Asia FX gains, wary of Franco-German summit

SINGAPORE : The South Korean won rose on Tuesday as rebounding stock markets and expectations that China will allow the

Published 16 Aug, 2011 10:16am

Financial

South Korea won higher on foreign stock buying

SEOUL : The South Korean won made sharp gains against the dollar on Tuesday, clawing back part of its 2.2 percent drop o

Published 16 Aug, 2011 09:21am

Financial

Indian rupee up as euro, shares offset importer's dollar demand

MUMBAI: The Indian rupee climbed higher on Tuesday, as the euro clung to much of the gains it made the previous day, wit

Published 16 Aug, 2011 08:05am

Financial

Euro slips, focus on Franco-German summit

SINGAPORE/TOKYO: The euro dipped against the dollar on Tuesday, having eased off the previous day's three-week high, wit

Published 16 Aug, 2011 06:36am

Financial

A$, NZ$ hold firm, wary of EU disappointment

SYDNEY/WELLINGTON: The Australian dollar and New Zealand held gains on Tuesday, underpinned by improving investor conf

Published 16 Aug, 2011 06:27am

Financial

Euro rangebound ahead of Sarkozy-Merkel talks

TOKYO: The euro was rangebound in Tokyo Tuesday, as investors waited for the outcome of a meeting between French Presi

Published 16 Aug, 2011 05:38am

Financial

Singapore dollar, ringgit lead Asia FX rises; cautious optimism

SINGAPORE : The Malaysian ringgit and the Singapore dollar rose on Monday as investors added positions in battered eme

Published 15 Aug, 2011 11:15am

Financial

Dollar stable in thin Asian trade

TOKYO : The dollar was stable against the yen in thin trade in Asia on Monday morning, following a volatile week when th

Published 15 Aug, 2011 03:43am

Financial

Aussie & NZ dollars extend gains, stocks help

SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed against the US dollar, Swiss franc and yen on Monday,

Published 15 Aug, 2011 03:36am

Financial

World Bank Chief sees yuan as positive

SYDNEY : The appreciation of China 's yuan would reduce the nation's inflationary pressures and help its overheating ec

Published 14 Aug, 2011 11:39am

Financial

Japan renews intervention warning against strong yen

TOKYO : Japanese Finance Minister Yoshihiko Noda on Sunday renewed his warning that Tokyo could take steps to weaken the

Published 14 Aug, 2011 07:03am

Financial

Aussie & NZ$ hold gains, mood fragile

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held onto overnight gains on Friday, underpinned by a rally

Published 12 Aug, 2011 06:02am

Financial

Dollar steady as it nears record low against yen

TOKYO : The dollar steadied against the yen Friday after it had neared a post-war low against the Japanese currency, as

Published 12 Aug, 2011 03:59am

Financial

Indian rupee down on weak shares, heavy dollar demand

MUMBAI: The Indian rupee fell on Thursday, weighed by oil importers' demand for dollars and weak domestic shares, with m

Published 11 Aug, 2011 11:00am

Financial

Singapore dollar up on safety flows, won cuts falls; still cautious

SINGAPORE : The Singapore dollar rose on Thursday as fund managers looked for havens from global market turmoil while

Published 11 Aug, 2011 10:43am

Financial

Dollar slips towards record yen low in Asia

TOKYO: The dollar slipped further against major currencies Thursday on deepening worries over the health of the global e

Published 11 Aug, 2011 10:31am

Financial

Dollar slips towards record yen low in Asia

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Published 11 Aug, 2011 06:45am

Financial

Dollar slips towards record yen low in Asia

TOKYO : The dollar slipped further against major currencies Thursday on deepening worries over the health of the global

Published 11 Aug, 2011 06:45am

Financial

Aussie & NZ$ bounce with stocks

SYDNEY/WELLINGTON: The Aussie and New Zealand dollars rallied against the US dollar on Thursday, helped by talk China ma

Published 11 Aug, 2011 05:28am

Financial

NZ dollar falls 3 pc vs US dollar; Aussie slides

NEW YORK: Commodity currencies posted sharp losses on Wednesday, with the New Zealand dollar falling more than 3 percent

Published 10 Aug, 2011 04:25pm

Financial

Asian FX rebounds on Fed, stocks; N. Korea briefly rattles won

SINGAPORE : The South Korean won and the Malaysian ringgit rebounded on Wednesday after the Federal Reserve pledged to k

Published 10 Aug, 2011 10:15am

Financial

Dollar flat against yen as market takes breather

TOKYO : The dollar was flat against the yen in Asia on Wednesday as the market took a breather and as stocks rebounded f

Published 10 Aug, 2011 04:29am

Financial

Aussie & NZD hold hefty gains, wary of China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held on to their spectacular overnight gains on Wednesday, und

Published 10 Aug, 2011 03:47am

Financial

Stock sell-off hits won, rupiah; intervention sighted

SINGAPORE : The South Korean won and the rupiah continued to suffer from heavy outflows from stocks on Tuesday amid talk

Published 09 Aug, 2011 10:23am

Financial

G7 didn't discuss specific intervention: Japan Noda

TOKYO : Japanese Finance Minister Yoshihiko Noda said on Tuesday the G7 finance leaders did not discuss specific currenc

Published 09 Aug, 2011 06:02am

Financial

Indian rupee drops to 10-week low on outflow concerns

MUMBAI: Indian rupee fell sharply on Tuesday to its lowest in 10 weeks as a selloff in global equities ignited fears of

Published 09 Aug, 2011 04:40am

Financial

Aussie dollar falls below greenback parity

SYDNEY : The commodities-linked Australian dollar Tuesday slumped below parity with the greenback for the first time sin

Published 09 Aug, 2011 03:42am

Financial

Dollar falls further against yen

TOKYO : The dollar slid further against the yen in Asia on Tuesday as a rout in global financial markets after the US pu

Published 09 Aug, 2011 03:40am

Financial

Indian rupee slides to near 6-week low

MUMBAI: The Indian rupee slid to a near six-week low on Monday, dragged by weak local shares and fears of foreign fund o

Published 08 Aug, 2011 01:12pm

Financial

Won sees worst day in 9-month, Asia FX seen weak

SINGAPORE: The South Korean won suffered its worst day in nearly nine months on Monday as investors kept chopping exposu

Published 08 Aug, 2011 10:53am

Financial

Dollar weighed by US credit downgrade

TOKYO : The dollar was under pressure in Asia on Monday following a US credit downgrade, but it gained some support

Published 08 Aug, 2011 06:50am

Financial

ECB bond plan boosts euro, dollar volatile

TOKYO : The euro jumped on Monday after the European Central Bank announced steps to ease tensions in the euro zone debt

Published 08 Aug, 2011 06:21am

Financial

Aussie & NZ$ dumped as stocks, commodities slide

SYDNEY/WELLINGTON: The Australian and New Zealand dollars slumped to multi-week lows on Monday as investors rushed to

Published 08 Aug, 2011 05:59am

Financial

Dollar weighed by downgrade of US credit rating

TOKYO : The dollar was under pressure in Asia on Monday following last week's US credit downgrade, but it gained some su

Published 08 Aug, 2011 03:41am

Financial

US dollar falls on yen, Swiss franc after downgrade

WELLINGTON : The US dollar fell against the yen and Swiss Franc but was stronger against the euro in early Asia-Pacific

Published 07 Aug, 2011 07:53pm

Financial

Dollar to drop on S&P move; safe-haven demand seen

HONG KONG: The US dollar may weaken and Treasury yields rise when Asian markets reopen on Monday, though any selling in

Published 07 Aug, 2011 09:02am

Financial

Australian, NZ dollars dive as markets tumble

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were sharply lower in early trade on Friday as panic gripped w

Published 05 Aug, 2011 06:39am

Financial

Dollar under pressure on US economy fears

TOKYO : The dollar was under pressure in Asian trade Friday on widening fears of a global slowdown, despite speculation

Published 05 Aug, 2011 03:42am

Financial

Singapore dollar, won down on economic worries, intervention caution

SINGAPORE : The Singapore dollar and the South Korean won fell on Thursday as investors reduced positions in emerging As

Published 04 Aug, 2011 10:31am

Financial

Australian dollar jumps on yen as Japan intervenes

SYDNEY/WELLINGTON: The Australian and New Zealand dollars jumped on the yen on Thursday after Japanese authorities inter

Published 04 Aug, 2011 06:35am

Financial

Japan intervenes in currency markets to weaken yen

TOKYO: Japan on Thursday intervened in currency markets to weaken the yen, the government said, in a bid to counter spec

Published 04 Aug, 2011 04:54am

Financial

Won, ringgit hit by risk dumping but some buy Asia FX on dips

SINGAPORE : The South Korean won and the Malaysian ringgit hit their lowest in about two weeks on Wednesday as hedge fun

Published 03 Aug, 2011 10:38am

Financial

Strong yen threatens rebound for Japan exporters

TOKYO : Japan's faster-than-expected recovery from the impact of the March earthquake and tsunami has been overshadowed

Published 03 Aug, 2011 04:47am

Financial

Swiss franc near peak, Aussie down as markets dump risk

SINGAPORE : The Swiss franc hit record highs and the Australian dollar fell on Wednesday as investors scrambled for a sa

Published 03 Aug, 2011 04:45am

Financial

Yuan edges lower, but further gains seen

BEIJING/SHANGHAI: The yuan fell slightly versus the dollar on Tuesday after the People's Bank of China set a weaker mid-

Published 02 Aug, 2011 06:56am

Financial

Aussie skids as global concerns restrain RBA; NZD firm

SYDNEY/WELLINGTON: The Aussie skidded on Tuesday after the Australian central bank held off from raising interest rates

Published 02 Aug, 2011 06:45am

Financial

Yen eases against dollar in volatile Asian trade

TOKYO : The yen weakened against the dollar in volatile Asian trade Tuesday, supported by intervention fears after the J

Published 02 Aug, 2011 04:37am

Financial

Surging Aussie dollar slams manufacturers

SYDNEY : Australian manufacturing slumped in July, data showed Monday, as producers were hit by the local dollar's surge

Published 01 Aug, 2011 08:11am

Financial

Dollar rises against yen after US debt deal

TOKYO: The dollar climbed against the yen in Asia on Monday, after US President Barack Obama announced an 11th-hour agre

Published 01 Aug, 2011 04:39am

Financial

Dollar drops against yen on US vote delay

TOKYO : The dollar dropped against the yen in Asia on Friday after the US House delayed a vote on a plan to avert a po

Published 29 Jul, 2011 07:26am

Financial

Aussie, NZ dollar in holding pattern amid debt uncertainty

WELLINGTON/SYDNEY: The New Zealand and Australian dollars consolidated recent gains on Friday as fears about the euro

Published 28 Jul, 2011 10:34pm

Financial

Ringgit, peso down as specs cover dollar short positions

SINGAPORE : The Malaysian ringgit and the Philippine peso slid on Thursday as interbank speculators trimmed exposure to

Published 28 Jul, 2011 10:11am

Financial

NZD, Aussie gain on hawkish RBNZ, ignore global uncertainty

WELLINGTON/SYDNEY: The New Zealand dollar rose on Thursday after the central bank warned interest rates will likely rise

Published 28 Jul, 2011 08:30am

Financial

Indian rupee drops on shaky shares

MUMBAI: The Indian rupee eased on Thursday, weighed down by falling shares, a sluggish euro and demand for dollars from

Published 28 Jul, 2011 07:06am

Financial

Euro shaken by contagion risks, yen edges higher

SINGAPORE/TOKYO: The euro struggled to find fans in Asia on Thursday, due to renewed fears of contagion in Europe , w

Published 28 Jul, 2011 06:59am

Financial

Aussie dollar hits new record on higher inflation

SYDNEY : The Australian dollar hit a new record above $1.10 on Wednesday after official data showed inflation reaching a

Published 27 Jul, 2011 08:58am

Financial

Dollar sinks further on stalled US debt talks

TOKYO: The dollar sank deeper to new three-week lows against the euro in Asia on Wednesday after tumbling in New York du

Published 27 Jul, 2011 04:28am

Financial

Singapore dollar, ringgit lead Asian gains on US debt impasse

SINGAPORE : The Singapore dollar hit a record high and the Malaysian ringgit broke through a key resistance level on T

Published 26 Jul, 2011 11:22am

Financial

Yuan hits record high, up 6pc since depegging

SHANGHAI: The yuan closed up against the dollar after hitting a record trading high on Tuesday as the People's Bank of C

Published 26 Jul, 2011 09:33am

Financial

S.Korea won at near 3-year high, capped by intervention

SEOUL: The won climbed on Tuesday to hold onto a 35-month high as the US dollar faltered on concerns about stalling US d

Published 26 Jul, 2011 08:38am

Financial

Indian rupee up tracking Asian peers; oil demand to weigh

MUMBAI: The Indian rupee gained on Tuesday, supported by strong Asian peers and the dollar's weakness against major curr

Published 26 Jul, 2011 05:42am

Financial

Dollar hits four-month low as Obama warns on debt

TOKYO: The dollar hit a fresh four-month low versus the yen in Asia trade Tuesday as a standoff over competing plans to

Published 26 Jul, 2011 04:17am

Financial

NZ, Aussie dollars edge down on US debt jitters

WELLINGTON/SYDNEY: The New Zealand dollar loitered near 30-year highs on Monday, while the Aussie gave ground only gru

Published 25 Jul, 2011 07:51am

Financial

Dollar drops amid US debt debate impasse

TOKYO: The dollar fell to a fresh four-month low against the yen in Asia on Monday, dragged down by the impasse in US de

Published 25 Jul, 2011 06:15am

Financial

S.Korea won at 3-yr peak, checked by intervention

SEOUL : The South Korean won gained further on Friday, clinging to a 35-month high against the dollar, but failed to bre

Published 22 Jul, 2011 08:45am

Financial

Indian rupee up as euro rallies on Greece deal; central bank review eyed

MUMBAI: The Indian rupee strengthened on Friday, tracking gains in the euro and local shares as sovereign debt crisis co

Published 22 Jul, 2011 07:30am

Financial

Euro steady after Greece bailout deal

TOKYO: The euro held on to the bulk of overnight gains after eurozone leaders reached a deal to rescue debt-ridden Greec

Published 22 Jul, 2011 06:27am

Financial

Euro rallies on EU deal, USD dumped

SYDNEY: The euro rallied to a two-week high against the dollar in Asia on Friday after euro zone officials gave their fi

Published 21 Jul, 2011 11:50pm

Financial

Euro up on German-French accord on Greek rescue

TOKYO : The euro climbed against the dollar in Asia on Thursday after news that Germany and France have reached an agree

Published 21 Jul, 2011 06:52am

Financial

Indian rupee steady; euro zone summit awaited

MUMBAI: The Indian rupee treaded water on Wednesday as traders lowered their expectations for a quick resolution at a su

Published 20 Jul, 2011 05:42am

Financial

Euro up against dollar on hopes for EU summit

TOKYO : The euro firmed against the dollar in Asia on Wednesday supported by hopes that eurozone is moving closer to r

Published 20 Jul, 2011 04:31am

Financial

Euro flat against dollar amid hopes for EU summit

TOKYO: The euro was flat against the dollar in Asia Wednesday, with earlier strength caused by hopes of a resolution t

Published 20 Jul, 2011 04:00am

Financial

Baht, peso lead Asian FX rises; debt woes still weigh

SINGAPORE : The Thai baht and the Philippine peso on Tuesday led gains in their peers on continuous bond inflows to Asi

Published 19 Jul, 2011 08:49am

Financial

Euro range-bound against dollar

TOKYO: The euro was range-bound against the dollar in Asia on Tuesday as trading lacked any clear direction, with risk a

Published 19 Jul, 2011 07:16am

Financial

Aussie & NZ$ gain traction, even as RBA shifts down a gear

SYDNEY/WELLINGTON: The Australian dollar held its ground on Tuesday, taking only a brief knock after the Reserve Bank of

Published 19 Jul, 2011 06:40am

Financial

Dollar edges down against euro

TOKYO : The dollar eased against the euro in Asia on Tuesday, as concerns over a lack of progress in US debt negotiati

Published 19 Jul, 2011 05:39am

Financial

Euro slips against dollar, yen on Greece fears

SINGAPORE : The euro weakened against major currencies in Asia Monday ahead of a European Central Bank (ECB) meeting t

Published 18 Jul, 2011 08:47am

Financial

S.Korea won dips, long-end bonds stronger

SEOUL: The South Korean won slipped to hover around 1,060 against the dollar on Monday and longer-end treasury yields in

Published 18 Jul, 2011 08:23am

Financial

Offshore investors net buyers of won NDFs in Q2

SEOUL : Offshore investors swung to net buying of dollar/won non-deliverable forwards (NDF) in the second quarter amid c

Published 17 Jul, 2011 04:09am

Financial

India's FX reserves at $314.619bn

MUMBAI: India 's foreign exchange reserves rose to $314.619 billion as on July 8, down from $315.175 billion in the

Published 15 Jul, 2011 02:59pm

Financial

Indian rupee eases in light volume, oil payments eyed

MUMBAI: The Indian rupee nudged lower in thin trade on Friday with choppy shares providing little direction, while gains

Published 15 Jul, 2011 05:34am

Financial

New Zealand & Aussie dollar firm, USD dented by rating threat

WELLINGTON/SYDNEY: The New Zealand and Australian dollars firmed on Friday after the US currency took a knock when ratin

Published 15 Jul, 2011 04:03am

Financial

Dollar in full retreat, franc and kiwi outperform

TOKYO: The US dollar was on the run in Asia on Thursday after a ratings warning from Moody's and a hint of further polic

Published 14 Jul, 2011 06:22am

Financial

Indian rupee up tracking euro, local shares cap rise

MUMBAI: The Indian rupee edged up on Thursday, helped by gains in the euro and Asian currencies, while negative local eq

Published 14 Jul, 2011 05:52am

Financial

Indian rupee lifted by positive local shares, Asian peers

MUMBAI: The Indian rupee rose on Wednesday, snapping two straight days of fall, in tandem with gains in local shares and

Published 13 Jul, 2011 05:23am

Financial

Australian & New Zealand dollars thrown about by debt fears

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were looking fragile in early trade on Wednesday after a rol

Published 13 Jul, 2011 04:10am

Financial

Euro drops to four month low versus dollar

TOKYO : The euro tumbled to a four-month low against the dollar on Tuesday with global markets plagued by anxiety over w

Published 12 Jul, 2011 06:29am

Financial

South Korea won near 34-month peak on KB Fin share sale inflow

SEOUL: The South Korean won held near a three-year high against the dollar on Monday, supported by dollar sales related

Published 11 Jul, 2011 08:49am

Financial

Indian rupee weak on euro, dollar flows cap fall

MUMBAI: The Indian rupee eased on Monday and retreated further from a two-month high hit in the previous session, tracki

Published 11 Jul, 2011 05:59am

Financial

New Zealand dollar holds near 30-year high

WELLINGTON/SYDNEY: The New Zealand dollar was near a 30-year high against the greenback in early trade on Monday, while

Published 11 Jul, 2011 04:01am

Financial

Singapore dollar at record, won at 3-year peak before US data

SINGAPORE: The South Korean won hit a three-year high and the Singapore dollar rose to a record on Friday as macro and h

Published 08 Jul, 2011 09:46am

Financial

Indian rupee hits 2-month high as inflows rise

MUMBAI: The Indian rupee climbed to a two-month high on Friday, supported by rising dollar inflows, gains in Asian peers

Published 08 Jul, 2011 06:32am

Financial

Dollar moves narrowly before US jobs data

TOKYO : The dollar moved narrowly against the euro in Asia on Friday as dealers awaited the release of US employment dat

Published 08 Jul, 2011 06:26am

Financial

Australian dollar rises to 26-year high against sterling

WELLINGTON/SYDNEY: The Australian dollar hit a fresh 26-year high against a broadly weaker sterling on Friday, while the

Published 08 Jul, 2011 05:56am

Financial

Euro clings to gains, US jobs data looms

SYDNEY: The euro kept a tentative grip on overnight gains in Asia on Friday cheered by the European Central Bank's pledg

Published 08 Jul, 2011 04:36am

Financial

Euro slightly up against dollar

TOKYO : The euro edged higher against the dollar in Asia on Thursday following overnight falls, ahead of the European

Published 07 Jul, 2011 02:18pm

Financial

Baht at 3-week high; underperformers may gain on peers

SINGAPORE: The Thai baht hit a three-week high on Thursday after the prime minister-elect pledged to fight inflation whi

Published 07 Jul, 2011 10:03am

Financial

Indian rupee up on strong shares, Asians

MUMBAI: The Indian rupee strengthened on Thursday, bolstered by a sharp revival in foreign equity inflows and tailing fi

Published 07 Jul, 2011 05:49am

Financial

Euro marks one-week lows ahead of ECB, Aussie gains

TOKYO: The euro languished near one-week lows versus the dollar in Asia on Thursday, facing limited recovery prospects a

Published 07 Jul, 2011 05:23am

Financial

Euro wallows at one-week lows ahead of ECB

SYDNEY: The euro languished at one-week lows versus the dollar in Asia on Thursday, faced with little recovery prospect

Published 07 Jul, 2011 04:22am

Financial

Aussie, NZ dlrs keep nerve after China hike

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held up well on Thursday as a stronger Wall Street supported

Published 06 Jul, 2011 10:48pm

Financial

Indian rupee at fresh 2-month high, inflows support

MUMBAI: The Indian rupee rose to a fresh two-month high on Wednesday, supported by dollar inflows that propped up domest

Published 06 Jul, 2011 06:36am

Financial

Euro nudges up after steep fall, ECB in focus

TOKYO: The euro regained some ground on Wednesday as short-term players covered short positions ahead of a European Cent

Published 06 Jul, 2011 05:44am

Financial

Euro fragile after steep fall, ECB in focus

SYDNEY : The euro stayed on the back foot in Asia on Wednesday, having suffered a steep fall against the Swiss franc a

Published 06 Jul, 2011 04:20am

Financial

South Korea won near 34-mth high, bond prices up

SEOUL: The South Korean won was little changed to hover near a 34-month high against the dollar early on Tuesday, after

Published 05 Jul, 2011 09:16am

Financial

Dollar rallies versus euro on US tax plan report

TOKYO : The dollar rose against the euro in Asia Tuesday on a report about a corporate tax holiday on the foreign prof

Published 05 Jul, 2011 04:35am

Financial

New Zealand dollar touches new peaks, Aussie lags before RBA

WELLINGTON/SYDNEY: The New Zealand dollar bounded to its highest since 1981 on Tuesday as bulls drove it through a big b

Published 04 Jul, 2011 10:48pm

Financial

Baht jumps on political hopes; stock inflows lift won

SINGAPORE : The Thai baht rose more than 1 percent against the dollar on Monday as Sunday's general election eased worri

Published 04 Jul, 2011 05:52pm

Financial

Indian rupee hits 2-month high on euro, share gain

MUMBAI: The Indian rupee climbed to a two-month high on Monday supported by the euro's gains against the dollar and posi

Published 04 Jul, 2011 06:42am

Financial

Aussie hit by weak local data, NZ$ outperforms

WELLINGTON/SYDNEY: The Australian dollar slipped on Monday after disappointing data bolstered the case for the central b

Published 04 Jul, 2011 06:33am

Financial

Euro climbs against dollar after Greek deal

TOKYO : The euro climbed to its highest point in nearly a month against the dollar in Asia Monday amid progress in eff

Published 04 Jul, 2011 04:00am

Financial

Aussie, New Zealand dollars eye highs as risk back in favour

WELLINGTON/SYDNEY: The Australian and New Zealand dollars started on a firm footing on Monday as solid US data and a

Published 03 Jul, 2011 10:57pm

Financial

Central bank pledges to key reforms

BEIJING : China 's central bank on Sunday pledged to forge ahead with key financial reforms, shore up foreign exchange

Published 03 Jul, 2011 11:12am

Financial

Won nears 3-year high, rupiah crosses resistance on inflows

SINGAPORE: The South Korean won hit a near three-year high on Friday and the Indonesian rupiah crossed a technical resis

Published 01 Jul, 2011 06:29pm

Financial

Aus$ & NZ$ hold hefty gains in week of relief

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were heading for their best week in three months on Friday wit

Published 01 Jul, 2011 09:54am

Financial

Yuan slips on uncertainties over pace of H2 rise

SHANGHAI : The yuan fell slightly against the dollar on Friday morning, despite the People's Bank of China fixing a near

Published 01 Jul, 2011 08:39am

Financial

Aussie & New Zealand dollars consolidate strength after Greece rally

WELLINGTON/SYDNEY: The Australian and New Zealand dollars started a touch softer on Friday, with the currencies taking

Published 30 Jun, 2011 10:59pm

Financial

Won at 2-month high, ringgit breaches resistance

SINGAPORE: The South Korean won hit a near two-month high and the Malaysian ringgit breached a technical resistance on T

Published 30 Jun, 2011 06:35pm

Financial

Aussie & NZ$ rally as risk returns, yields surge

WELLINGTON/SYDNEY: The Australian and New Zealand dollars powered to multi-week highs on Thursday after Greece's parliam

Published 30 Jun, 2011 08:15am

Financial

Euro up after Greek vote on austerity package

TOKYO : The euro climbed against the dollar in Asia on Thursday, as concern over Greece's debt problems eased after its

Published 30 Jun, 2011 06:32am

Financial

Aussie, New Zealand dollars rally as market bets on Greece

WELLINGTON/SYDNEY: The Australian and New Zealand dollars recovered further on Wednesday as stocks and commodities gai

Published 28 Jun, 2011 10:40pm

Financial

Won, ringgit rise but vulnerable to risk unwind

SINGAPORE : The South Korean won and the Malaysian ringgit rose on Tuesday but speculators kept selling other regional c

Published 28 Jun, 2011 07:05pm

Financial

South Korea won climbs against dollar

SEOUL : The won opened higher against the dollar on Tuesday following data showing a sustained current account surplus,

Published 28 Jun, 2011 08:28am

Financial

Aussie, NZ$ steadier on Greece, equities

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced from multi-week lows on Tuesday as markets dared to ho

Published 28 Jun, 2011 07:03am

Financial

Yuan rises vs dollar, further gains expected

SHANGHAI : The yuan rose slightly against the dollar on Tuesday after the People's Bank of China set a stronger mid-poin

Published 28 Jun, 2011 05:15am

Financial

Euro rises in Asia on hopeful Greek news

TOKYO : The euro firmed against major currencies in Asian trade Tuesday as investors were lifted by reports that officia

Published 28 Jun, 2011 04:13am

Financial

Aussie, New Zealand dollars steadier on Greece

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced from multi-week lows on Tuesday as markets dared to

Published 27 Jun, 2011 10:48pm

Financial

Ringgit, peso breach support, Seoul seen capping falls

SINGAPORE : The Malaysian ringgit and the Philippine peso briefly broke a technical support lines on Monday with most of

Published 27 Jun, 2011 06:01pm

Financial

Indian rupee ends weak, but off 1-mth low on local shares

MUMBAI: The Indian rupee eased on Monday but managed to claw back from the day's low on the back of a rally in local equ

Published 27 Jun, 2011 03:05pm

Financial

Dollar gains, stocks fall as Europe rot feared

SINGAPORE : The US dollar rose and equities fell on Monday, with investors nervous ahead of a Greek vote on unpopular fi

Published 27 Jun, 2011 04:31am

Financial

Aussie, NZD hit by Greece jitters

WELLINGTON/SYDNEY: The Australian and New Zealand dollars fell on Monday with the with the Aussie slumping to 11-week lo

Published 27 Jun, 2011 04:26am

Financial

Aussie, New Zealand dollar soft on risk caution, Greece woes

WELLINGTON/SYDNEY: The Australian and New Zealand dollars started softer on Monday, with concerns about Greece 's deb

Published 26 Jun, 2011 11:36pm

Financial

Won, ringgit down on euro uncertainty; Greek vote eyed

SINGAPORE : Emerging Asian currencies on Friday shrugged off gains in other markets after Greece clinched a deal with

Published 24 Jun, 2011 07:58pm

Financial

Aus$, NZ$ steadier after paring losses on Greece news

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to make much headway against the greenback on Friday

Published 24 Jun, 2011 07:40am

Financial

Yuan edges down after mid-point, upward trend seen intact

SHANGHAI : The yuan edged down against the dollar on Friday after the People's Bank of China set a slightly weaker mid-p

Published 24 Jun, 2011 06:27am

Financial

Ringgit, won down, growth woes may cloud outlook

SINGAPORE : The Malaysian ringgit and the South Korean won led falls in their Asian peers on Thursday as investors reduc

Published 23 Jun, 2011 06:37pm

Financial

Dollar rises after Fed meeting

TOKYO : The dollar gained further ground in Asia on Thursday after the US Federal Reserve confirmed it will end its bo

Published 23 Jun, 2011 06:39am

Financial

A$, NZ$ steady on Greek vote win

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held steady in early trade on Wednesday after Greek's governme

Published 22 Jun, 2011 01:29pm

Financial

Won up bond inflows, EU hopes lift Asia

SINGAPORE : Asian emerging currencies gained on Tuesday amid hopes policymakers will find a solution to avoid a default

Published 21 Jun, 2011 06:14pm

Financial

Indian rupee gains on strong Asia; euro jitters remain

MUMBAI: The Indian rupee bounced back on Tuesday from a three-week low touched in the previous session, supported by str

Published 21 Jun, 2011 12:57pm

Financial

Euro firms amid cautious optimism over Greek debt

TOKYO : The euro firmed against the dollar in Asia on Tuesday amid cautious optimism that the Greek government would pus

Published 21 Jun, 2011 07:49am

Financial

Singapore dollar, ringgit down on EU disappointment

SINGAPORE : The Singapore dollar and the Malaysian ringgit fell on Monday as on profit-booking after finance ministers

Published 20 Jun, 2011 07:38pm

Financial

Sing$, ringgit cut gains on Greece; Jakarta seen supporting

SINGAPORE : The Singapore dollar and the Malaysian ringgit rose on Friday on expectations that Beijing will continue to

Published 17 Jun, 2011 08:24am

Financial

Euro holds firm ahead of German-French summit

TOKYO : The euro held firm against the dollar in Asia on Friday ahead of a German-French summit amid worries over a new

Published 17 Jun, 2011 06:43am

Financial

New Zealand Dollar strengthens at $0.8209

WELLINGTON: The New Zealand Dollar climbed more than half a cent after the Reserve Bank of New Zealand (RBNZ) kept rates

Published 09 Jun, 2011 07:14am

Financial

Indian rupee hits 1-month high, oil likely to weigh

MUMBAI: The Indian rupee reversed early losses and touched a one-month high on Wednesday helped by dollar sales by corpo

Published 08 Jun, 2011 11:52am

Financial

Indian rupee pares losses on euro gains, oil payments weigh

MUMBAI: The rupee trimmed losses on Tuesday, taking cues from a firmer euro after persistent demand for dollars from oil

Published 07 Jun, 2011 07:04am

Financial

Aussie slips as RBA disappoints hawks, NZ$ gains

SYDNEY/WELLINGTON: The Australian dollar skidded half a cent on Tuesday after the Reserve Bank of Australia's (RBA) kept

Published 07 Jun, 2011 06:38am

Financial

India rupee stable; importer demand offsets local shares

MUMBAI: The Indian rupee was little changed on Friday as comfort from a rise in domestic equities was offset by importer

Published 03 Jun, 2011 05:46am

Financial

Yen under pressure amid Japan political uncertainty

TOKYO : The yen came under pressure against the dollar in Asia on Thursday amid political uncertainty in Japan with Prim

Published 02 Jun, 2011 09:23am

Financial

Indian rupee up on stronger euro, higher shares

MUMBAI: The Indian rupee strengthened on Friday supported by gains in the euro and firmer shares, but import payments mo

Published 27 May, 2011 07:59am

Financial

Yuan edges up, but dollar demand caps sharp rise

SHANGHAI : The yuan rose slightly against the dollar on Friday after the People's Bank of China set a new peak for the m

Published 27 May, 2011 07:56am

Financial

Won, ringgit see best day in 11 months; caution over more gains

SINGAPORE : The South Korean won and the Malaysian ringgit posted their best gains in 11 months on Thursday, leading oth

Published 26 May, 2011 07:47am

Financial

Indian rupee hits near 3-month low

MUMBAI: The Indian rupee ended off a near three-month low on Wednesday as the euro pared losses against the dollar, but

Published 25 May, 2011 02:15pm

Financial

Ringgit, won breaches supports; more Asian falls seen

SINGAPORE : The Malaysian ringgit and the South Korean won broke through major support levels on Monday and appeared poi

Published 23 May, 2011 01:11pm

Financial

Ringgit, won lead gain

SINGAPORE : The Malaysian ringgit and the South Korean won led gains on Friday, helped by exporters and as speculators e

Published 20 May, 2011 02:18pm

Financial

Euro dips but off recent 7-week low, yen falls

TOKYO: The euro eased against the dollar on Friday, but held on to much of the gains it made the previous day after some

Published 20 May, 2011 04:00am

Financial

Asia currencies rise against dollar

TOKYO: Asian currencies rose broadly against the dollar on Thursday after a rise in global equities pointed to an easing

Published 19 May, 2011 01:11pm

Financial

Asian currencies rise, ringgit off two-month low

TOKYO: Emerging Asian currencies rose broadly against the dollar and the Malaysian ringgit pulled up from a two-month lo

Published 18 May, 2011 11:52am

Financial

Euro strengthens in Asia over dollar weakness

TOKYO: The euro strengthened against major currencies in Asian trade Wednesday after disappointing US economic data sent

Published 18 May, 2011 05:51am

Financial

Korean rate swaps dip on hopes of slower rate increases

HONG KONG: Short-dated South Korean interest rate swaps dipped and the curve steepened slightly on Tuesday as market pla

Published 17 May, 2011 02:06pm

Financial

Aussie, NZD nudge up vs USD, track euro higher

SYDNEY: The Australian and New Zealand dollars climbed off multi-week lows against the greenback on Tuesday, lifted by a

Published 17 May, 2011 06:31am

Financial

Euro remains soft against dollar in Asia

TOKYO: The euro eased against the dollar in Asian trade Tuesday amid continued investor concerns about sovereign debt pr

Published 17 May, 2011 05:12am

Financial

Dollar raises vs Asian currencies on short-covering

TOKYO: The dollar rose against emerging Asian currencies on Monday, heading for its biggest one-day rise against the Mal

Published 16 May, 2011 02:27pm

Financial

Yuan ends up as dollar eases, awaits further signal

SHANGHAI: The yuan ended up slightly against the dollar on Friday, paring the morning's losses as the dollar index dropp

Published 13 May, 2011 09:34am

Financial

Won leads Asian falls; more slides seen

SINGAPORE: The South Korean won led falls among Asian peers as investors cut risk positions amid a commodity rout and a

Published 12 May, 2011 06:26pm

Financial

Aussie dumped on weak job data, market cuts rate hike risk

SYDNEY/WELLINGTON: The Australian dollar fell a full cent on Thursday, hit by a surprisingly steep decline in employment

Published 12 May, 2011 06:43am

Financial

Euro firms on buybacks in Asian trade

TOKYO: The euro firmed in Asia on buybacks Thursday, following earlier falls on worries about Greece's debt crisis amid

Published 12 May, 2011 05:09am

Financial

Ringgit, peso ease before rate decisions

SINGAPORE: The Malaysian ringgit and the Philippine peso eased on Thursday ahead of rate decisions by their central bank

Published 05 May, 2011 05:15pm

Financial

S. Korea considering investing in yuan securities

SEOUL: South Korea said Thursday it is considering investing part of its foreign exchange reserves in yuan-denominated C

Published 05 May, 2011 07:32am

Financial

Thai IRS curve seen flattening on hawkish BoT

HONG KONG: Short-dated Thai swap rates inched up to 2-1/2 year highs on Wednesday after hawkish minutes from the Bank of

Published 04 May, 2011 01:37pm

Financial

S.Korea won drops, eyeing broader FX derivatives probe

SEOUL: The South Korean won extended its decline further against the dollar on Wednesday, retreating from a 32-month hi

Published 04 May, 2011 09:31am

Financial

Yuan breaks past 6.50/dollar for first time, further gains seen

SHANGHAI: China's Yuan breezed past 6.50 per dollar on Friday, surpassing the psychologically important level for the fi

Published 29 Apr, 2011 07:33am

Financial

First offshore Yuan IPO makes limp Hong Kong debut

HONG KONG: Hong Kong tycoon Li Ka-shing's Yuan-denominated IPO, the world's first outside mainland China, made a limp tr

Published 29 Apr, 2011 05:34am

Financial

Investors cheer Indonesia's new dollar bond

HONG KONG: Strong follow-through demand at Indonesia's dollar bond on Thursday may suggest that appetite for its high-yi

Published 28 Apr, 2011 07:04pm

Financial

Rises gather momentum after Fed; intervention cited

SINGAPORE: Emerging Asian currencies gathered upside momentum, touching milestones against the dollar on Thursday after

Published 28 Apr, 2011 06:59pm

Financial

Aussie dollar fired up to test $1.10, kiwi cooled by RBNZ

SYDNEY/WELLINGTON: The Australian dollar powered to a fresh 29-year peak on Thursday as a dovish Fed undermined its US c

Published 28 Apr, 2011 07:08am

Financial

Sing dlr, won up on inflation-fighting views;Fed eyed

SINGAPORE: The Singapore dollar hit a fresh high and the South Korean won threatened to break through a 32-month peak on

Published 27 Apr, 2011 07:23pm

Financial

US policy may spur yuan gains and dollar slide

LONDON: Any shift in US monetary policy looks likely to be gradual and this could press China to quicken the pace of the

Published 27 Apr, 2011 01:12pm

Financial

Indian rupee falls as gold importers buy dollars

MUMBAI: The Indian rupee dropped on Monday as demand for dollars from gold importers rose, while a choppy stock market g

Published 25 Apr, 2011 08:03am

Financial

South Korea FX derivative trade probe to check short-term debt

SEOUL: South Korea's probe into foreign exchange derivatives positions at banks will focus on a recent sharp rise in sho

Published 22 Apr, 2011 06:45am

Financial

A$ hits new high as dream run extends

SYDNEY: The Australian dollar raced toward US$1.08 Thursday, smashing through a new record in a run analysts described a

Published 21 Apr, 2011 09:46am

Financial

South Korea to inspect forex deals to check won's rise

SEOUL: South Korean officials trying to check the local currency's rise will inspect foreign exchange transactions at ba

Published 21 Apr, 2011 07:17am

Financial

South Korean won rises early, inspection plan caps gains

SEOUL: The South Korean won rose slightly to hit a fresh 31-month high against the dollar early on Thursday but its gain

Published 21 Apr, 2011 06:12am

Financial

Short Thai IRS inch lower from 2-1/2 yr peaks before rate meeting

HONG KONG: Short-dated Thai interest rate swaps dipped on Wednesday as market players took profits after a recent bout o

Published 20 Apr, 2011 06:06pm

Financial

Kiwi dollar hits 3-yr high, Aussie strong

WELLINGTON/SYDNEY: The Australian and New Zealand dollars opened strongly on Monday, with the kiwi within sight of a thr

Published 18 Apr, 2011 09:12am

Financial

China, New Zealand sign 25bn Yuan currency swap deal

BEIJING: China and New Zealand have signed a 25 billion Yuan bilateral currency swap deal, the Chinese central bank said

Published 18 Apr, 2011 06:37am

Financial

Indian rupee up on dollar inflows, higher shares

MUMBAI: The Indian rupee strengthened on Monday on the back of foreign inflows and supported by higher local shares. At

Published 18 Apr, 2011 05:41am

Financial

Indian rupee slightly up; dollar inflows offset weak shares

MUMBAI: The Indian rupee was marginally up in morning trade on Friday as dollar inflows offset the impact of negative lo

Published 15 Apr, 2011 08:44am

Financial

South Korea won steady after volatile trade as KOSPI rallies

SEOUL: The South Korean won steadied against the dollar after choppy trade on Thursday, bolstered by Seoul shares' rise

Published 14 Apr, 2011 08:08am

Financial

Hong Kong launches first Yuan IPO

HONG KONG: Billionaire Li Ka-shing's Yuan-denominated property trust opened for sale in Hong Kong Monday, in a landmark

Published 11 Apr, 2011 08:50am

Financial

Vietnam tightens dollar holdings

HANOI: Vietnam will force banks to keep more reserves against their foreign currency deposits from next month and impose

Published 09 Apr, 2011 06:27am

Financial

Australian dollar hits 29-year high

LONDON: The Australian dollar rose to its highest in 29 years against the US dollar on Friday, buoyed by investor appeti

Published 08 Apr, 2011 12:47pm

Financial

Singapore dollar, won lead gains; uptrend may persist

SINGAPORE: The Singapore dollar hit a record high and the South Korean won rose to a 2-1/2-year high on Friday, leading

Published 08 Apr, 2011 12:18pm

Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 5	159.94
USD to Swiss Franc / Jun 5	0.79
Pound Sterling to USD / Jun 5	1.34
Euro to USD / Jun 5	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 4	7,584.31
Nasdaq / Jun 4	26,830.96
FTSE 100 / Jun 4	10,332.30
Dow Jones / Jun 4	51,561.93
Germany DAX 30 / Jun 4	24,944.95
France CAC40 / Jun 4	8,244.29
India Sensex / Jun 5	74,364.43
Tokyo Nikkei / Jun 5	66,812.85
Hang Seng / Jun 5	24,982.27

Item	Value
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,470.19
Petrol/Litre / Jun 5	381.78
Crude Oil USD/Barrel / Jun 5	93.10
Diesel/Litre / Jun 5	380.78
Cotton US¢/pound / Jun 5	77.59

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	7.90 ▲ 0.84 (11.9%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.22 ▲ 0.81 (10.93%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Zephyr Textile / Jun 5 Zephyr Textiles Limited(ZTL)	17.57 ▲ 1.6 (10.02%)
Grays Leasing / Jun 5 Grays Leasing Limited(GRYL)	25.14 ▲ 2.29 (10.02%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	20.54 ▲ 1.87 (10.02%)
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	16.70 ▲ 1.52 (10.01%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	41 ▼ -3.99 (-8.87%)
Fateh Ind. / Jun 5 Fateh Industries Limited(FIL)	166.02 ▼ -14.04 (-7.8%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	68.50 ▼ -5.7 (-7.68%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	38.80 ▼ -2.92 (-7%)
Universal Ins. / Jun 5 The Universal Insurance Company Limited(UVIC)	22.10 ▼ -1.52 (-6.44%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75 ▼ -3.64 (-4.63%)
Dawood Equities / Jun 5 Dawood Equities Limited(DEL)	19.17 ▼ -0.81 (-4.05%)
Al-Khair Gadoon / Jun 5 Al-Khair Gadoon Limited(AKGL)	50 ▼ -2.03 (-3.9%)
Power Cem(Pref) / Jun 5 Power Cement (Pref)(POWERPS)	27 ▼ -1.03 (-3.67%)
Apna Microfin. / Jun 5 Apna Microfinance Bank Limited(AMBL)	23 ▼ -0.73 (-3.08%)

Stock	Volume
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	16,515,319 ▲ 1
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	15,239,161 ▲ 0.36
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	12,633,247 ▲ 0.39
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	11,671,682 ▲ 1.52
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	11,024,957 ▲ 0.02
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	10,991,380 ▲ 0.41
TRG Pak Ltd / Jun 5 TRG Pakistan Limited(TRG)	9,448,356 ▲ 0.95
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	9,107,892 ▲ 0
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	9,064,380 ▲ 0.6
Thatta Cement / Jun 5 Thatta Cement Company Limited(THCCL)	8,678,593 ▲ 4.26