China offers more forex hedging tools in wake of yuan volatility SHANGHAI: China’s foreign exchange regulator said on Friday it would offer new derivatives tools to help companies... Published 23 May, 2022 06:15am
Markets Indonesian rupiah firms as palm oil export ban ends; Asian shares rise Emerging Asian equities and currencies gained after China cut a key lending rate to support the economy, and as the... Published 20 May, 2022 01:57pm
Markets Russian rouble rallies to March 2018 level against dollar The Russian rouble gained more than 7% against the dollar on Friday, hitting levels last seen in March 2018, boosted... Published 20 May, 2022 01:52pm
Markets China’s yuan set for best week in a year, snapping six weeks of losses SHANGHAI: China’s yuan eased on Friday but still looked set for its biggest weekly gain in a year, snapping six... Published 20 May, 2022 11:42am
Markets Dollar falls for first week in seven amid US yield retreat TOKYO: The US dollar headed for its worst week since early February against major peers on Friday, weighed down by a... Published 20 May, 2022 09:38am
Business & Finance Yuan eases SHANGHAI: The yuan eased against the dollar on Thursday as market sentiment soured after some major global ... Published 20 May, 2022 05:15am
Markets Euro rises with focus on ECB tightening path, Swiss Franc rises The euro rose on Thursday as investors priced in the chance of an aggressive near-term tightening path by the... Published 19 May, 2022 03:28pm
Markets Safe-haven dollar eases after Wednesday’s jump, but risk sentiment remains fragile TOKYO: Safe-haven currencies, including the dollar, eased on Thursday, pausing for breath after big gains the... Published 19 May, 2022 10:29am
Markets Yuan eases as investment banks cut China’s growth outlook SHANGHAI: The yuan eased against the dollar on Thursday as market sentiment soured after some major global... Published 19 May, 2022 09:34am
Markets China’s yuan softens as data shows foreigners sold bonds in April SHANGHAI: China’s yuan slipped against the dollar on Wednesday, pulling back after notching its biggest daily gain... Published 18 May, 2022 10:26am
Markets Euro and sterling helped by improved market sentiment HONG KONG: Overnight surges left the euro and pound sitting pretty in early Asia helped by good U.K. jobs data and a... Published 18 May, 2022 10:09am
Markets Thai baht, stocks gain on GDP growth; yuan finds footing The baht advanced on Tuesday and shares snapped three days of losses after Thailand’s economy grew faster than... Published 17 May, 2022 12:50pm
Markets Dollar knocked from 20-year high; yuan slide pauses SINGAPORE: The dollar fought for a footing on Tuesday and the tumbling Chinese yuan found a floor as investors... Published 17 May, 2022 09:47am
Business & Finance Australia, NZ dollars toppled by China data shock SYDNEY: The Australian and New Zealand dollars suffered a fresh setback on Monday when stunningly weak economic data... Published 17 May, 2022 05:39am
Markets Turkish lira weakens for 8th day to near 15.6 against dollar ISTANBUL: The Turkish lira slid to near 15.6 against the dollar on Monday, slipping for the eighth consecutive... Updated 16 May, 2022 03:28pm
Markets Yuan near 20-month low as economic gloom overshadows easing lockdowns SHANGHAI: China’s yuan hovered just off a 20-month low against the dollar on Monday, as much weaker-than-expected... Published 16 May, 2022 11:34am
Markets Dollar perched at 2-decade high on weak China data LONDON: The US dollar consolidated gains near a two-decade peak on Monday as poor Chinese economic data hurt... Updated 16 May, 2022 12:59pm
Markets IMF boosts weight of Chinese yuan, dollar in currency basket NEW YORK: The International Monetary Fund has lifted the weight of China's yuan and the US dollar in the... Updated 15 May, 2022 10:45pm
Markets Rouble firms past 63 vs dollar in Moscow, hits fresh 5-year high vs euro The Russian rouble firmed past 63 per dollar in Moscow on Friday for the first time since early February 2020 and... Published 13 May, 2022 01:51pm
Markets Turkish lira extends slide; CDS back at 2008 levels ISTANBUL: The lira dipped for the seventh straight session on Friday and a key CDS measure of risk for Turkish ... Updated 13 May, 2022 03:06pm
Markets Euro bounces off lows but heads for big weekly loss LONDON: The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed for a big weekly loss... Published 13 May, 2022 01:42pm
Markets Market nerves prop up safe-haven dollar, yen HONG KONG: The yen held most of its overnight gains on Friday, after falling US yields and market jitters propped up... Published 13 May, 2022 10:21am
Markets China’s yuan extends declines to new 19 month low, set for 6th weekly drop SHANGHAI: China’s yuan eased further, touching a more than 19-month low against the dollar on Friday and breaching a... Published 13 May, 2022 09:48am
Markets China's yuan hits more than 19-month low against high-flying greenback SHANGHAI: China's yuan fell to its weakest in more than 19 months on Thursday after the central bank set its fixing... Updated 12 May, 2022 03:11pm
Markets South Africa’s rand weaker amid dollar strength JOHANNESBURG: South Africa’s rand fell against the dollar in early trade on Thursday as the greenback remained... Published 12 May, 2022 12:33pm
Markets Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely TOKYO: The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had... Published 12 May, 2022 09:46am
Markets Dollar clings to 20-year high ahead of US inflation data LONDON: The dollar held close to a two-decade high on Wednesday as investors waited for fresh US inflation data to... Updated 11 May, 2022 01:52pm
Markets Hong Kong shares tumble, China stocks and yuan regain footing SHANGHAI: Hong Kong shares tumbled on Tuesday following a one-day holiday, playing catch-up with falls on Wall... Published 10 May, 2022 12:14pm
Markets Dollar rides to two-decade highs as rates rise; euro struggles LONDON: The dollar climbed to its highest levels in two decades on Monday as a combination of rising US Treasury... Published 09 May, 2022 02:04pm
Markets Dollar climbs as nerves jolt stock markets SINGAPORE: The dollar began the week on a strong footing, buttressed by sharply rising US yields and by investors’... Published 09 May, 2022 10:34am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?