Indian rupee sees worst week in five MUMBAI: The Indian rupee marked its worst week in five on Friday, as risk sentiment was hit by the Chinese yuan... Published 19 Sep, 2022 05:45am
Business & Finance Yuan slides to two-year low SHANGHAI: China’s yuan traded offshore weakened to 7 per dollar in European hours on Thursday, as markets continue... Published 16 Sep, 2022 06:04am
Markets China’s yuan stems losses as PBOC signals discomfort with declines SHANGHAI: China’s yuan slipped on Thursday but slowed its losses as the central bank signalled unease about the... Published 08 Sep, 2022 10:34am
Markets China’s yuan extends losses, nears key level despite firmer-than-expected fix SHANGHAI: China’s yuan extended losses against the dollar in early trade on Wednesday, nearing the psychologically... Published 07 Sep, 2022 09:02am
Markets China to pay for Russian gas in yuan, rubles: Gazprom MOSCOW: Russia’s energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan... Published 07 Sep, 2022 04:13am
Markets China’s yuan rebounds from 2-year low after PBOC cuts FX reserve ratio SHANGHAI: China’s yuan rebounded on Tuesday from a more than two-year low hit in the previous session, after the... Published 06 Sep, 2022 10:19am
Business & Finance Yuan looks set for third weekly loss SHANGHAI: China’s yuan looked set for the third straight weekly loss against the dollar on Friday as investors... Published 05 Sep, 2022 06:04am
Markets Japanese rubber futures slide SINGAPORE: Japanese rubber futures slid on Friday, tracking losses in the Shanghai market, as continued concerns ... Published 04 Sep, 2022 05:44am
Markets China’s yuan looks set for third weekly loss, US job data awaited SHANGHAI: China’s yuan looked set for the third straight weekly loss against the dollar on Friday as investors... Published 02 Sep, 2022 10:43am
Markets Dalian iron ore rebounds MANILA: Dalian iron ore rose on Thursday after three sessions of losses, with the resumption of production at some... Published 02 Sep, 2022 06:00am
Markets Japanese rubber futures down SINGAPORE: Japanese rubber futures hit their lowest in nearly 10 months on Thursday, tracking losses in the Shanghai... Published 02 Sep, 2022 06:00am
Markets China’s yuan weakens further on COVID, growth woes SHANGHAI: China’s yuan weakened further on Tuesday, after hitting a two-year low the previous session, as pressure... Published 30 Aug, 2022 10:49am
Markets Asia FX falls as Powell remarks buoy dollar; won, baht take beating Emerging Asian currencies weakened on Monday as the Federal Reserve signalled a longer duration of higher rates to... Published 29 Aug, 2022 11:01am
Markets China’s yuan falls past key 6.9/dlr threshold on US rate view SHANGHAI: China’s yuan breached the key threshold of 6.9 per dollar early on Monday, after Federal Reserve Chair... Published 29 Aug, 2022 09:53am
Business & Finance Yuan set for second weekly loss SHANGHAI: China’s yuan was set for a second straight weekly loss on Friday as the dollar was buoyed by safe-haven... Published 29 Aug, 2022 05:44am
Markets Japanese rubber down TOKYO: Japanese rubber futures fell for a fourth straight session on Friday, tracking a slump in Shanghai market ... Published 28 Aug, 2022 06:10am
Markets China’s iron ore rises MANILA: Chinese iron ore prices rose on Friday and were headed for their biggest weekly gain in four, as steel mills... Published 28 Aug, 2022 06:10am
Markets China’s yuan rebounds from 2-year low on firmer-than-expected guidance SHANGHAI: China’s yuan rebounded on Thursday from a two-year low against the dollar as official guidance was set at... Published 25 Aug, 2022 10:53am
Markets China’s yuan weakens as domestic economic woes, hawkish Fed weigh SHANGHAI: China’s yuan weakened sharply against a stronger dollar on Wednesday, amid worries about a domestic... Published 24 Aug, 2022 11:08am
Markets Thai baht, yuan lead losses among Asian currencies ahead of Fed conference Most Asian currencies were weaker on Wednesday, with losses concentrated in the Chinese yuan and Thai baht, as... Published 24 Aug, 2022 10:50am
Markets China’s ferrous metals climb MANILA: China’s iron ore and steel prices rose on Tuesday, as the government’s latest rate cut boosted sentiment... Published 24 Aug, 2022 05:08am
Markets Yuan extends loss to 2-year lows amid grim China outlook SHANGHAI: The yuan weakened to a two-year low against a resurgent dollar on Tuesday as Beijing’s steps to easy... Published 23 Aug, 2022 10:37am
Business & Finance Indian rupee at 4-week low MUMBAI: The Indian rupee hit a four-week low on Monday as the dollar continued its rally on the US Federal... Published 23 Aug, 2022 05:56am
Business & Finance China cuts lending benchmarks to revive faltering economy SHANGHAI: China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday,... Published 23 Aug, 2022 05:56am
Business & Finance Yuan skids to 3-month low SHANGHAI: China’s yuan slipped to a three-month low against the dollar on Friday, breaching a key threshold, after... Published 22 Aug, 2022 06:33am
Markets Dalian iron ore hits 3-week low MANILA: Dalian iron ore tumbled to a three-week low on Thursday, while prices of the steelmaking ingredient were... Published 19 Aug, 2022 05:57am
Markets Major currencies hold steady ahead of Fed minutes, RBNZ HONG KONG: Major currencies were holding steady on Wednesday, ahead of another day when central bank policy takes... Published 17 Aug, 2022 10:07am
Markets Yuan slides to a 3-month low as rate cuts fuel China growth worries SHANGHAI: The yuan weakened to a three-month low against the dollar on Tuesday, as surprise rate cuts by China in... Published 16 Aug, 2022 12:09pm
Markets Dollar firm vs Aussie, euro on heightened recession worries SINGAPORE/TOKYO/HONG KONG: The safe-haven US dollar hovered near a one-week high on Tuesday while the Aussie, euro... Published 16 Aug, 2022 11:51am
Business & Finance Dollar bid on global growth fears after weak Chinese data NEW YORK: The safe-haven dollar bounced on Monday while commodity sensitive currencies including the Australian... Published 16 Aug, 2022 03:59am