China’s yuan slips, traders wary of reopening risks SHANGHAI: China’s yuan weakened on Tuesday as the dollar gained broadly, with sentiment also curbed by growing... Published 06 Dec, 2022 10:00am
Markets Most Asian currencies rise on easing of some COVID curbs in China Most Asian emerging currencies rose on Monday, with the Chinese yuan and Vietnam’s dong leading gains, as a softer... Published 05 Dec, 2022 12:07pm
Markets Yuan jumps past 7 per dollar as China eases some COVID curbs SHANGHAI: China’s yuan firmed past the closely watched 7-per-dollar level on Monday, hitting its strongest since... Published 05 Dec, 2022 10:26am
Business & Finance Russian rouble slumps to fresh lows against dollar MOSCOW: The rouble extended the week’s losses on Friday, slumping to fresh lows against the dollar, euro and yuan... Published 05 Dec, 2022 05:47am
Markets Iron ore futures rise on hopes SINGAPORE: Iron ore futures rose on Friday and were set for weekly gains, buoyed by expectation that top steelmaker... Published 04 Dec, 2022 03:37am
Markets Dollar wobbles as inflation ebbs, eye on jobs data SINGAPORE: The dollar held firm on Friday but was pinned down near 16-week lows against a basket of major currencies... Published 02 Dec, 2022 10:28am
Markets Japanese rubber higher as Covid curbs ease in China SINGAPORE: Japanese rubber futures rose on Thursday, tracking gains in the Shanghai market and buoyed by stronger... Published 02 Dec, 2022 05:47am
Business & Finance Russian rouble slumps to near 5-month low vs euro MOSCOW: The rouble dived on Thursday to a near five-month low against the euro and its lowest in almost seven weeks... Published 02 Dec, 2022 05:47am
Business & Finance Yuan gains, shrugs off weak factory survey HONG KONG: China’s yuan edged up against the greenback on Wednesday, as traders shrugged off weak factory activity... Published 01 Dec, 2022 05:47am
Markets China’s yuan gains, shrugs off weak factory survey as hopes grow for easing in COVID rules HONG KONG: China’s yuan edged up against the greenback on Wednesday, as traders shrugged off weak factory activity... Published 30 Nov, 2022 12:06pm
Markets Japanese rubber futures down SINGAPORE: Japanese rubber futures inched lower on Tuesday, tracking losses in the Shanghai market as rising ... Published 30 Nov, 2022 05:53am
Business & Finance China’s yuan weakens as Covid surge revives economic growth concerns HONG KONG: China’s yuan weakened on Friday, as a continuous surge in Covid cases has rekindled traders’ concern... Published 28 Nov, 2022 05:48am
Business & Finance China frees up $70bn for banks to underpin slowing economy BEIJING: China said on Friday it would cut the amount of cash that banks must hold as reserves for the second time... Published 26 Nov, 2022 04:13am
Markets China’s yuan firms on weaker dollar, hint of RRR cut from Beijing SHANGHAI: China’s yuan inched higher against the dollar on Thursday, helped by Federal Reserve signals that it was... Published 24 Nov, 2022 11:29am
Markets Iron ore futures extend losses SINGAPORE: Dalian iron ore futures extended their losses for a third straight session on Wednesday, as worries over... Published 24 Nov, 2022 04:28am
Markets China’s yuan eases on COVID concerns, market awaits Fed minutes SHANGHAI: China’s yuan inched lower on Wednesday as worsening COVID-19 outbreaks weighed on sentiment, while... Published 23 Nov, 2022 09:45am
Opinion China set to fine Ant Group over $1bn, signalling revamp nears end Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources... Published 23 Nov, 2022 05:55am
Markets Japanese rubber futures rise in line with Shanghai gains SINGAPORE: Japanese rubber futures rose on Tuesday, tracking gains in the Shanghai market and stronger domestic... Published 23 Nov, 2022 05:55am
Markets Iron ore futures drop BEIJING: Iron ore futures dropped on Tuesday as rising Covid cases in the world’s top steelmaker China fanned... Published 23 Nov, 2022 05:55am
Markets Yuan firms as US dollar softens, but COVID case surge caps upside HONG KONG: China’s yuan firmed on Tuesday against the US dollar, after the greenback pared back gains seen in the... Published 22 Nov, 2022 12:05pm
Business & Finance China’s yuan touches 10-day low SHANGHAI: China’s yuan eased to a 10-day low against the dollar on Monday, as worsening COVID-19 infection numbers... Published 22 Nov, 2022 03:23am
Markets China's yuan touches 10-day low as COVID-19 numbers hurt sentiment SHANGHAI: China's yuan eased to a 10-day low against the dollar on Monday, as worsening COVID-19 infection numbers... Published 21 Nov, 2022 09:30am
Business & Finance Chinese yuan rises SHANGHAI: China’s yuan strengthened against the dollar on Friday, reversing two days of losses, recovering after... Published 21 Nov, 2022 05:59am
Markets Iron ore retreats on tempered optimism MANILA: Dalian and Singapore iron ore futures reversed early gains on Thursday, retreating after a four-session ... Published 18 Nov, 2022 05:53am
Business & Finance Alibaba reports loss of $2.9bn in third quarter BEIJING: Chinese e-commerce giant Alibaba on Thursday reported a loss of 20.6 billion yuan ($2.89 billion) for the... Published 18 Nov, 2022 05:53am
Markets China’s yuan weakens as new COVID cases spur worries over lockdowns HONG KONG: China’s yuan weakened on Thursday to its lowest in nearly a week as a spike in COVID-19 cases in the... Published 17 Nov, 2022 12:46pm
Business & Finance Yuan slips from 2-month high as blast in Poland hurts sentiment SHANGHAI: China’s yuan on Wednesday slipped from a two-month high against the dollar, pressured by safe-haven bids... Published 17 Nov, 2022 05:59am
Markets Yuan firms as US, China leaders’ dialogue eases economic concerns HONG KONG: China’s yuan firmed on Tuesday, as investors cheered the easing of tensions in strained US-China... Published 15 Nov, 2022 10:35am
Markets Iron ore jumps on demand hopes MANILA: Iron ore futures climbed more than 5% on Monday to hit their highest in over a month, as top steel producer... Published 15 Nov, 2022 05:52am
Markets Japanese rubber futures higher SINGAPORE: Japanese rubber futures edged higher on Monday, tracking gains in the Shanghai market as top buyer China... Published 15 Nov, 2022 05:52am