• AFP News39 minutes ago

    Asian shares slip back, lira steady

    Asian shares fell Wednesday as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit lira took a breather following the turmoil of the past week. Wall Street and the Turkish currency clawed back ground overnight after a rout that started Friday and saw the unit

  • AFP39 minutes ago

    Asian shares slip back, lira steady

    Asian shares fell Wednesday as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit lira took a breather following the turmoil of the past week. Wall Street and the Turkish currency clawed back ground overnight after a rout that started Friday and saw the unit

  • Asian shares slip back, lira steady
    AFP News39 minutes ago

    Asian shares slip back, lira steady

    Asian shares fell Wednesday as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit lira took a breather following the turmoil of the past week. Wall Street and the Turkish currency clawed back ground overnight after a rout that started Friday and saw the unit

  • Reuters3 hours ago

    EM ASIA FX-Asian currencies weaken; Indonesian rupiah, Thai baht lead losses

    Aug 15 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0142 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 111.380 111.14 -0.22 ...

  • Reuters5 hours ago

    HKMA intervened as Hong Kong dollar weakened, bought HK$2.16 bln

    HONG KONG, Aug 15 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into the currency market in the U.S. trading hours on Tuesday, buying HK$2.159 billion ($275.05 million) in Hong Kong dollars ...

  • Equities enjoy breather as Turkish lira rebounds
    AFP News8 hours ago

    Equities enjoy breather as Turkish lira rebounds

    Turkey's lira recovered steadily Tuesday, taking the pressure off stock markets, with European bourses finishing little changed and Wall Street pushing higher. "The Turkish lira has finally found some support after two days of intense selling that triggered panic across the markets," said

  • Indian rupee falls to all-time low against dollar
    Associated Press17 hours ago

    Indian rupee falls to all-time low against dollar

    The Indian rupee fell to an all-time low Tuesday against the U.S. dollar amid worries that Turkey's growing financial crisis could spread to other developing-world economies. Indian Economic Affairs Secretary Subhash Chander Garg told reporters that there was "nothing at this stage to worry

  • Reuters18 hours ago

    BRIEF-Shanghai Exchange Filing Shows Block Trade Of Anhui Wanjiang Logistics' Shares Involving 160 Mln Yuan

    Aug 14 (Reuters) - Shanghai Stock Exchange * FILING SHOWS BLOCK TRADE OF ANHUI WANJIANG LOGISTICS GROUP CO LTD'S 50 MILLION SHARES INVOLVING 160 MILLION YUAN ($23.26 million) ON AUG 14 Source text in Chinese: ...

  • Reuters20 hours ago

    BRIEF-Shenzhen Exchange Filing Shows Block Trade Of Jinke Property's Shares Involving 139.6 Mln Yuan

    Aug 14 (Reuters) - Jinke Property Group Co Ltd: * SHENZHEN STOCK EXCHANGE FILING SHOWS BLOCK TRADE OF JINKE PROPERTY'S 27.80 MILLION SHARES INVOLVING 139.56 MILLION YUAN ($20.27 million) ON AUG 14 Source ...

  • AFP20 hours ago

    Turkish lira rebounds after central bank measures

    The Turkish lira rebounded Tuesday against dollar, a day after the central bank took a raft of measures in a bid to soothe the markets. Turkey's central bank on Monday announced it was ready to take "all necessary measures" to ensure financial stability after the collapse of the lira,

  • Reuters22 hours ago

    EM ASIA FX-Most Asian currencies cautious; Indonesia's rupiah under pressure

    (Adds text, updates prices) By Chandini Monnappa Aug 14 (Reuters) - Most Asian currencies had some respite on Tuesday as Turkey's lira pulled back from Monday's record low and the U.S. dollar retreated, ...

  • Indian rupee hits record low of 70 to the dollar
    AFP News23 hours ago

    Indian rupee hits record low of 70 to the dollar

    The Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies are sold off by investors spooked by the Turkish financial crisis.

  • Reutersyesterday

    EM ASIA FX-Most Asian currencies weaken; Thai baht leads losses

    Aug 14 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0150 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.720 110.71 -0.01 ...

  • Markets rattled as Turkish lira dives
    AFP Newsyesterday

    Markets rattled as Turkish lira dives

    Turkey's troubled lira tumbled Monday to fresh record lows against the euro and dollar, piling pressure on stock markets on fears the country's crisis could spill over into the world economy. The country's troubles already sparked a sell-off on stock markets late last week, but the lira

  • Reuters2 days ago

    EM ASIA FX-Lira crisis hits Asian currencies as investors flee to safety

    (Adds text, updates prices) By Chandini Monnappa Aug 13 (Reuters) - Asian currencies were battered on Monday with the Indian rupee touching a record low as the ongoing crisis in Turkey spilled over to ...

  • Reuters2 days ago

    EM ASIA FX-Asian currencies weaken; Indonesian rupiah leads losses

    Aug 13 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0138 GMT on Monday. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.240 110.92 ...

  • The Latest: Official says sanctions lack 'state seriousness'
    Associated Press4 days ago

    The Latest: Official says sanctions lack 'state seriousness'

    Aksoy says Turkey "always backs the resolution of issues through diplomacy, dialogue, goodwill and mutual understanding," but would retaliate for Trump's decision. Turkey's trade minister says Turkey is "deeply disappointed" by the decision of U.S. President Donald Trump&

  • World markets fear Turkey contagion
    AFP News5 days ago

    World markets fear Turkey contagion

    A plunge of the Turkish lira to record lows sent shivers through global markets Friday as investors worried about contagion, especially for the European banking sector. "For some time now investors have been looking at the unfolding currency crisis in Turkey as a local difficulty," noted CMC

  • AFP5 days ago

    Turkey lira tumbles to new lows as market alarm grows

    Turkey's embattled lira on Friday hit new record lows against the US dollar and euro, losing nearly nine percent in value as strains with the United States showed no sign of abating and fears grew over the exposure of European banks. The lira was trading at 6.04 to the dollar on Friday afternoon

  • Associated Press5 days ago

    Turkish President Erdogan appeals for calm amid currency drop, urges people to change foreign money into local lira

    Turkish President Erdogan appeals for calm amid currency drop, urges people to change foreign money into local lira.

  • Reuters5 days ago

    EM ASIA FX-Most Asian currencies falter as Russian, Turkish concerns whack sentiment

    (Adds text, updates prices) By Devika Syamnath Aug 10 (Reuters) - Most Asian currencies retreated against the dollar on Friday, as slides in the Russian rouble and Turkish lira combined with escalating ...

  • Reuters5 days ago

    EM ASIA FX-Most Asian currencies falter; Korean won leads losses

    Aug 10 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0138 GMT on Friday. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.890 111.07 ...

  • Asian markets mostly up as dealers take China tariffs in stride
    AFP News6 days ago

    Asian markets mostly up as dealers take China tariffs in stride

    Asian investors on Thursday largely brushed off China's tit-for-tat response to Donald Trump's latest tariff threats, with most markets rising, but concerns about the impact of an all-out trade war are keeping optimism in check. While the row has sent global markets into convulsions this year

  • Reuters6 days ago

    EM ASIA FX-Most Asian currencies climb, but Philippine peso drops

    (Adds detail, updates prices) By Devika Syamnath Aug 9 (Reuters) - Most Asian currencies edged up on Thursday taking cues from the yuan, though the Philippine peso fell on disappointing economic growth ...

  • Reuters6 days ago

    EM ASIA FX-Most Asian currencies stable; Thai baht strengthens

    Aug 9 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0147 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.830 110.97 +0.13 ...