• Global equities gain on trade deal, Chinese data
    AFP News

    Global equities gain on trade deal, Chinese data

    Global equities rose on Friday, with Wall Street stocks ending at fresh records, as solid Chinese economic data brightened the global outlook following the landmark US-China trade deal earlier in the week. European markets were all higher following signs the Chinese economy is stabilizing. "China

  • Reuters

    EM ASIA FX-Most units trade in tight range; yuan gains on strong data

    * Chinese yuan set to post best week since October * S. Korean won firms on cbank talks of trade resilience * Stronger dollar puts pressure on some units (Adds text, updates prices) By Aby Jose Koilparambil Jan 17 (Reuters) - Most Asian currencies traded in a narrow range on Friday as excitement

  • Reuters SG

    EM ASIA FX-Most units trade in tight range; yuan gains on strong data

    * Chinese yuan set to post best week since October * S. Korean won firms on cbank talks of trade resilience * Stronger dollar puts pressure on some units (Adds text, updates prices) By Aby Jose Koilparambil Jan 17 (Reuters) - Most Asian currencies traded in a narrow range on Friday as excitement

  • European stocks retreat as investors look beyond trade deal
    AFP News

    European stocks retreat as investors look beyond trade deal

    Shares in European carmakers hit the brakes as Germany's defence minister confirmed that the US threatened to impose a 25-percent tariff on European auto exports if continental heavyweights continued to back a nuclear deal with Iran. Major European stock markets were lower overall, "with the

  • European Central Bank sees a few upbeat signs in eurozone
    Associated Press

    European Central Bank sees a few upbeat signs in eurozone

    Top officials at the European Central Bank say economic growth remains weak though they see a few upbeat signs after the U.S. and China moved toward lowering trade tensions. It was the first policy meeting under new ECB head Christine Lagarde, who succeeded Mario Draghi on Nov. 1. The U.S. and China

  • Reuters

    EM ASIA FX-Most Asian currencies edge up after Sino-U.S. trade deal

    * Lot of trade optimism already priced in - analyst * S. Korean won slips; cenbank policy meeting due on Friday * Indonesian rupiah firms to near 2-year high (Adds text, updates prices) By Niyati Shetty Jan 16 (Reuters) - Most Asian currencies clocked slight gains against the greenback on Thursday

  • Reuters SG

    EM ASIA FX-Most Asian currencies edge up after Sino-U.S. trade deal

    * Lot of trade optimism already priced in - analyst * S. Korean won slips; cenbank policy meeting due on Friday * Indonesian rupiah firms to near 2-year high (Adds text, updates prices) By Niyati Shetty Jan 16 (Reuters) - Most Asian currencies clocked slight gains against the greenback on Thursday

  • Reuters SG

    EM ASIA FX-Most Asian currencies falter as U.S. stands pat on China tariffs

    * Yuan poised to end six-week winning streak * S. Korean cenbank to keep key rates unchanged - poll * Indonesian rupiah slips even as trade deficit narrows in Dec (Adds text, updates prices) By Niyati Shetty Jan 15 (Reuters) - Most Asian currencies eased on Wednesday as risk sentiment was curbed

  • World stocks tread water as easing US-China tensions boost yuan
    AFP News

    World stocks tread water as easing US-China tensions boost yuan

    Global stocks were range-bound on Tuesday while the yuan advanced against the dollar after Washington said it no longer considered China a currency manipulator and tensions eased between the economic titans. New York was also rattled by news reports on Tuesday that US President Donald Trump intended

  • World shares slip on jitters over China-US trade deal
    Associated Press

    World shares slip on jitters over China-US trade deal

    World shares were mostly lower on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Ahead of the signing, the U.S.. Treasury Department dropped the U.S. designation of Beijing as a currency manipulator.

  • AFP

    US Treasury removes currency manipulator label on China

    The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a "phase one" trade agreement with China

  • US Treasury removes currency manipulator label on China
    AFP News

    US Treasury removes currency manipulator label on China

    The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a "phase one" trade agreement with China

  • EM ASIA FX-Yuan leads gainers as U.S. removes China currency manipulator label

    * Yuan hits 6-mth high, set for 6th straight session of gains * Taiwan dollar up; c.bank denies swap intervention in FX market * Baht strength a thorn in the side of the authorities - economist (Adds text, updates prices) By Niyati Shetty Jan 14 (Reuters) - The Chinese yuan firmed to its strongest

  • AFP

    US Treasury reverses currency manipulator label for China

    The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a "phase one" trade agreement with

  • US Treasury reverses currency manipulator label for China
    AFP News

    US Treasury reverses currency manipulator label for China

    The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a "phase one" trade agreement with

  • Global stocks mixed ahead of US-China trade deal
    AFP News

    Global stocks mixed ahead of US-China trade deal

    World stock markets were a mixed bag on Monday as investors turned their attention to the planned signing of a China-US trade pact, with Wall Street hitting new records and European markets mostly retrenching. Sterling sagged as Bank of England policymaker Gertjan Vlieghe hinted at a potential vote

  • Reuters SG

    EM ASIA FX-Looming Sino-U.S. trade deal lifts Asian currencies

    * S. Korean won firms to over 6-mth high * Taiwan dollar hits 19-mth high on Tsai's re-election * Indonesian rupiah strongest since Feb. 2018 (Adds text, updates prices) By Niyati Shetty Jan 13 (Reuters) - Asian currencies firmed on Monday, with the trade-sensitive South Korean won among top

  • Reuters SG

    REFILE-EM ASIA FX-Indonesian rupiah leads gainers as Middle East tensions recede

    The rally set the rupiah, Korean won and other currencies for a close well off lows hit earlier this week, when investors rushed into the safety of the Japanese yen and gold following missile attacks from Iran targeting U.S. forces in Iraq. The Indonesian rupiah led the gainers, firming as much as 0.7%

  • Equities rally, oil steadies as US-Iran tensions appear to ease
    AFP News

    Equities rally, oil steadies as US-Iran tensions appear to ease

    Stocks rallied, the dollar jumped and oil prices steadied Thursday as traders saw an easing of tensions between the United States and Iran that weighed on haven investments such as gold and the yen. "Stock markets are strong... as US-Iran tensions have faded," noted David Madden, analyst at

  • Reuters

    EM ASIA FX-Most Asian currencies firmer as U.S.-Iran tensions abate

    * Safe-haven bets unwound * Oil prices below pre-Soleimani killing levels * Focus turns to U.S.-China trade deal (Adds text, updates prices) By Nikhil Nainan Jan 9 (Reuters) - Most Asian currencies rallied on Thursday on signs that the United States and Iran were backing down from further military

  • Reuters SG

    EM ASIA FX-Most Asian currencies firmer as U.S.-Iran tensions abate

    * Safe-haven bets unwound * Oil prices below pre-Soleimani killing levels * Focus turns to U.S.-China trade deal (Adds text, updates prices) By Nikhil Nainan Jan 9 (Reuters) - Most Asian currencies rallied on Thursday on signs that the United States and Iran were backing down from further military

  • AFP

    Tokyo's Nikkei jumps more than 2.3% on US rallies, cheap yen

    Tokyo's benchmark Nikkei index surged more than 2.3 percent Thursday on US rallies and a cheaper yen against the dollar as fears of an all-out Middle East conflict receded. The Nikkei 225 index, which dropped 1.57 percent on Wednesday, rose 2.31 percent, or 535.11 points, to close at 23,739.87.

  • Tokyo stocks open higher on US rallies, cheap yen

    Tokyo stocks opened higher on Thursday with investors taking heart from rallies on Wall Street and a cheaper yen against the dollar as fears of an all-out Middle East conflict receded. The benchmark Nikkei 225 index was up 1.39 percent or 322.35 points at 23,527.01 in early trade, while the broader

  • Reuters SG

    EM ASIA FX-S.Korean won, Indonesian rupiah lead broad-based losses on Middle East crisis

    * Won weakens over 1% before some recovery * Rupiah depreciates up to 0.5% * Chinese yuan steady after cenbank lifts midpoint (Adds text, updates prices) By Aby Jose Koilparambil Jan 8 (Reuters) - Most Asian currencies weakened on Wednesday after Iran fired rockets at Iraqi airbases hosting U.S.

  • AFP

    Tokyo shares end up 1.6% on US rallies, yen's fall

    Tokyo shares jumped 1.6 percent on Tuesday, propped up by gains on Wall Street and a breather in the yen's rise amid US-Iran tensions. The Nikkei 225 index, which lost nearly two percent on Monday, bounced ...