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Articles by Asian Currencies
Mexican Peso Hits Two-Year Low, Asian Currencies Slide Amid Trump’s Tariff Threat
A former accountant at the center of one of Singapore’s largest investment frauds pleaded not guilty on Tuesday to 42 charges, including money laundering, tied to a billion-dollar nickel trading scam. Ng Yu Zhi, 37, is accused of orchestrating a US$1.1 billion (RM4.91 billion) fraudulent scheme through his company, Envy Group , offering investments in non-existent nickel trades.
Most Asian currencies, stocks muted; U.S. CPI in focus
Delayed Japan Exchange 00:10:18 2024-03-11 EDT 5-day change 1st Jan Change 2,652 PTS -2.74% -2.03% +12.04% 05:19am Most Asian currencies, stocks muted; U.S. CPI in focus RE 05:10am Vietnam Jan-Feb coffee exports up 16.4% y/y to almost 400,000 T, customs data shows RE March 11, 2024 at 12:19 am * Thai baht biggest loser among Asian FX * China inflation rises for first time in six months * Indonesian markets closed for public holiday By Archishma Iyer March 11 (Reuters) - Most Asian currencies...
Most Asian stocks, currencies tick higher; US inflation awaited
Real-time Estimate TTMZero 03:14:34 2024-01-09 am EST 5-day change 1st Jan Change 0.6697 USD -0.28% -0.87% -1.51% 07:36am Wall Street: S&P500 'titans' once again in a tight spot CF 07:16am News Highlights : Top Global Markets News of the Day - Tuesday at 1 AM ET DJ January 08, 2024 at 11:54 pm EST * Thai baht snaps 5-session losing streak * Malaysia stocks hit highest since Nov 25, 2022 * Philippine stocks at July-end high By Echha Jain Jan 9 (Reuters) - Most emerging Asian currencies and...
Asian currencies and bonds: A decoupling relationship
Investing.com - A traditional close-knit relationship between Asia's emerging-market currencies and local bonds is witnessing a shift as more investors opt to hedge their foreign-exchange risks due to decreasing hedging costs. The disconnection is further propelled by the bleak economic forecast for China, which continues to exert pressure on Asian currencies with little effect on regional bond markets.
Sensex Falls Over 200 Points, Nifty Slips Below 9,150 As Markets Give Up Early Gains
Domestic stock markets started Wednesday's session on a choppy note tracking a mixed trend in Asian peers, as the country remained in an extended lockdown to curb the spread of the coronavirus (COVID-19) pandemic. The S&P BSE Sensex index fell as much as 224.79 points to hit 31,228.72 in the first few minutes of trade, following a positive start at 31,577.63, up 124.12 points from the previous close.
S&P BSE Sensex NSE Nifty LIVE Flat Start Likely For Sensex Nifty Amid Coronavirus COVID-19 Crisis
Domestic stock markets are likely to start Wednesday's session on a lacklustre note as the country remained in an extended lockdown, with few exceptions, to curb the spread of the coronavirus (COVID-19) pandemic. The Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty 50 index - moved less than half a per cent in either direction before turning flat.
Rupee Ends 10 Paise Higher At 75.63 Buoyed By Equity Markets, Asian Currencies
Other Asian currencies also gained against US dollar The rupee, on Tuesday, surged 10 paise to close at 75.63 against the US dollar on Tuesday, fueled by a buoyant higher domestic equity markets and gains in some Asian currencies. Forex traders said the rupee is trading in a narrow range as positive domestic equities supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.
Sensex Ekes Out Gains, Ends Over 250 Points Lower Dragged By Banks
The S&P BSE Sensex and NSE Nifty 50 indexes cracked from higher levels in afternoon trading on the back of a broad-based selling pressure led by losses in banking, financial services and FMCG shares. The Sensex dropped as much as 860 points from the day's highest level and the Nifty 50 index fell below important psychological level of 9,250. Earlier in the day, the benchmarks staged a gap up opening on the back of strong global cues.
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