Dollar firm, yuan hits 9-month low after surprise China rate cut TOKYO: The safe-haven dollar stayed firm against major peers while the yuan sank to a nine-month trough after... Published 15 Aug, 2023 09:50am
Markets China’s yuan weakens to 6-week low as new bank loans tumble HONG KONG: The yuan eased to a six-week low on Monday as new bank loans slumped in July, deepening investors’... Published 14 Aug, 2023 10:30am
Markets Yen breaks above 145/dlr level in choppy trading, dollar firm SINGAPORE: The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching... Published 14 Aug, 2023 10:21am
Markets Dollar steady after CPI data bolsters Fed pause bets; yen nears 145 SINGAPORE: The dollar was steady on Friday as traders wagered that the Federal Reserve’s rate hike cycle could be... Published 11 Aug, 2023 09:50am
Markets Dollar in holding pattern as US inflation test looms; PBOC supports yuan TOKYO: The dollar held near the centre of its range this week against a basket of major peers, as investors awaited... Published 10 Aug, 2023 09:37am
Markets Yen eyes first monthly gain since March; dollar headed for monthly loss SINGAPORE: The yen edged steadily higher on Monday following a volatile session at the end of last week after the... Published 31 Jul, 2023 09:33am
Business & Finance BOJ tweak stirs yen volatility; dollar down after US data NEW YORK: The yen whipsawed in its most volatile trading session in months on Friday after the Bank of Japan made ... Published 31 Jul, 2023 06:43am
Markets Yen advances after BOJ takes steps to make yield curve control flexible SINGAPORE: The yen gained in volatile trading on Friday after the Bank of Japan maintained ultra-low interest rates... Published 28 Jul, 2023 10:39am
Business & Finance Dollar edges up against euro NEW YORK: The dollar edged up against the euro and the pound on Monday after economic data continued to show the... Published 25 Jul, 2023 06:20am
Markets Dollar firms, yen steady after Japan inflation holds above BOJ target SINGAPORE: The dollar was steady on Friday as data pointed to US labour market resilience that could lead the... Published 21 Jul, 2023 09:25am
Markets Japanese rubber futures lower on weak Chinese demand SINGAPORE: Japanese rubber futures fell on Tuesday tracking losses in the Shanghai market, as weaker-than-expected... Published 19 Jul, 2023 03:21am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 07 Jul, 2023 05:24am
Markets Dollar holds near 7-month high vs yen on policy split; Swedish crown record low LONDON: The U.S. dollar touched a more than seven-month high against the Japanese yen on Thursday after their... Published 29 Jun, 2023 05:41pm
Markets Dollar finds footing on housing data as yuan falters SINGAPORE: The US dollar was firm in Asia trade on Wednesday following surprisingly strong US housing data, while... Published 21 Jun, 2023 09:41am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 21 Jun, 2023 06:34am
Markets Yuan slides after China cuts lending benchmarks; Aussie down SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian... Published 20 Jun, 2023 09:27am
Markets Dollar drifts as traders weigh rate path; yen fragile SINGAPORE: The US dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a... Published 19 Jun, 2023 09:27am
World Japan’s finance minister says sharp forex moves are undesirable TOKYO: Japanese Finance Minister Shunichi Suzuki on Friday, when asked about the yen’s recent weakening, said sharp... Published 16 Jun, 2023 09:44am
Markets Dollar retreats on jump in US jobless claims; eyes on Fed SINGAPORE: The dollar retreated on Friday, dragged by lower US Treasury yields after a spike in weekly jobless... Published 09 Jun, 2023 09:18am
Markets Dollar steady as traders consider Fed, global rates outlook SINGAPORE: The dollar was on the back foot on Thursday, though it drew some support from higher US Treasury yields... Published 08 Jun, 2023 09:22am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 08 Jun, 2023 07:31am
Markets Dollar retreats as Fed pause eyed; US debt deal clears House SINGAPORE: The dollar retreated from a two-week top against its major peers on Thursday as investors trimmed bets... Published 01 Jun, 2023 09:40am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 01 Jun, 2023 03:34am
Markets Yen firms on policymaker meeting, dollar swings after debt deal LONDON: Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top... Published 30 May, 2023 05:44pm
Markets Japan’s Nikkei recoups losses on chipmakers boost, foreign inflows TOKYO: Japan’s Nikkei share average clawed back lost ground on Thursday after two consecutive sessions of losses,... Updated 25 May, 2023 12:20pm
Markets Dollar ascendant amid resilient US economy, haven demand TOKYO: The dollar pushed to a two-month high against the euro and a six-month peak versus the yen on Thursday, as a... Published 25 May, 2023 09:31am
Markets Dollar hits 6-month high versus yen on higher-for-longer US rate expectations SINGAPORE: The dollar touched a six-month high against the yen on Tuesday as expectations grew that US rates will... Published 23 May, 2023 09:16am
Markets Yuan bounces from 5-month low after PBOC pledges to keep market stable SHANGHAI/SINGAPORE: China’s yuan clambered off a five-month low against the dollar in early trade on Monday, after... Published 22 May, 2023 10:18am
Markets Dollar on defensive after dovish Powell, debt ceiling setback TOKYO: The dollar nursed losses against the yen and euro on Monday following a surprise breakdown in US debt ceiling... Published 22 May, 2023 09:22am
Markets Japanese rubber futures post weekly gain SINGAPORE: Japanese rubber futures delivered a weekly gain on Friday, driven by strong tyre manufacturer activity,... Published 21 May, 2023 04:00am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?