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  • Business
    AFP News

    Stocks mostly fall, bitcoin retreats

    Stock markets mostly fell Thursday as fresh concerns about fallout from China's Evergrande saga hit sentiment.

  • Business
    Reuters SG

    EMERGING MARKETS-Rupiah firm after c.bank holds rates, stocks pare losses

    * Chinese yuan hits highest since June * AC Energy's renewable deals boost Philippine index * Malaysian markets closed for a holiday By Anushka Trivedi Oct 19 (Reuters) - Indonesia's rupiah remained firm on Tuesday after the country's central bank held interest rates steady as expected, while other Asian currencies basked in the dollar's decline that was prompted by weak U.S. data and improving risk sentiment. Leading gains, the South Korean won surged 0.8% and the Thai baht rose 0.6%, while the Philippine peso , the Singapore dollar, and Taiwan's dollar also strengthened. The dollar index, which measures the greenback against six peers, fell to a three-week low after data showed U.S. factory output in September slowed, while signs that China's property woes could be contained boosted risk assets.

  • Business
    Reuters SG

    EMERGING MARKETS-Rupiah rises ahead of BI meeting as Asian currencies climb

    * Bank Indonesia rate decision due around 0700 GMT * Chinese yuan hits highest since June * AC Energy's renewable deals boost Philippine index * Malaysia markets closed for a holiday By Anushka Trivedi Oct 19 (Reuters) - The Indonesian rupiah was firm on Tuesday ahead of the country's central bank meeting, as all Asian currencies gained against a dollar reeling from a weak manufacturing print in the United States. The South Korean won and the Thai baht led gains as they rose 0.4% each, while the Philippine peso , the Singapore dollar and Taiwan's dollar advanced. The rupiah rose 0.2% to 14,080 per dollar as investors looked to a Bank Indonesia (BI) meeting for guidance on monetary policy since it's widely expected to keep rates on hold to keep supporting economic recovery.