
Asian FX Falls on Rate Risks, Yuan Rattled by Real Estate Woes
By Ambar Warrick Investing.com-- Most Asian currencies fell on Thursday as investors digested mixed signals from the U.S. Federal Reserve on its plans to hike rates, while China’s...
By Ambar Warrick Investing.com-- Most Asian currencies fell on Thursday as investors digested mixed signals from the U.S. Federal Reserve on its plans to hike rates, while China’s...
By Ambar Warrick Investing.com-- Chinese and Hong Kong stocks led losses across Asia on Thursday, pulled lower by major real estate developers after a dire profit warning from Country...
By Ambar Warrick Investing.com-- Chinese property developer Country Garden Holdings Company Ltd (HK:2007) said on Thursday that its profit for the first half of 2022 is expected to...
Earlier China-related posts today:"PBOC has limited room to ease due to concerns over inflation, capital flight"Chinese financial media reports potential for CNY 1.5 tn debt issuance to fund...
By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings (HK:0700) suffered its first ever quarterly sales fall on Wednesday, hurt by a government clampdown on game approvals and playing...
(Bloomberg) -- Tencent Holdings (HK:0700) Ltd. (OTC:TCEHY) logged its first-ever decline in quarterly {{erl-102047||revenue, becoming the latest victim of a worsening Chinese...
By Ambar Warrick Investing.com-- Asian currencies moved little on Wednesday ahead of the minutes of the Federal Reserve’s latest meeting, while the Australian dollar fell the most among its...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7863 vs.the estimated at 6.7876 and the previous 6.7730. About the fi
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Tuesday, remaining near a one-week high as global recession fears prompted demand for the safe haven...
By Ambar Warrick Investing.com-- Hong Kong shares of Tencent (HK:0700) traded near three-year lows on Tuesday, ahead of a widely-expected drop in the Chinese internet giant’s...
By Josh Ye and Tiyashi Datta (Reuters) -China's Tencent Music Entertainment Group bettered quarterly revenue estimates on Monday as a slate of original content helped its music streaming...
By Ambar Warrick Investing.com-- China’s yuan fell the most among Asian currencies on Tuesday, hitting a three-month low as a surprise rate cut by the central bank raised concerns over...
The yuan dropped yesterday on the surprise rate cuts from the People's Bank of China:Rate cuts from the PBOC: 1-Year MLF loans rate to 2.75% from 2.85%, repo rate cut alsoAt 0115 GMT today...
MOSCOW (Reuters) – Russian largest gold producer Polyus plans a bond issue worth no less than 3.5 billion Chinese yuan ($517 million), the Interfax news agency reported on Monday, citing...
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Monday, benefiting from its safe haven status, while the Chinese yuan dipped after a batch of...
By Geoffrey Smith Investing.com -- China's central bank cut a key borrowing rate for the first time since January, in an effort to boost support for an economy hurt by Covid-19 lockdowns...
By Kevin Buckland TOKYO (Reuters) – The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data...
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7410 on Monday when compared to the previous fix and the previous close at 6.741
600bn yuan of MLF matured today, Monday 15 August 2022 more to comeThe People's Bank of China has rolled over 400bn yuan at 2.75% (prior was 2.85%)for 1 year---The MLF rate is a key...
MOSCOW (Reuters) – Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability...
By Ambar Warrick Investing.com-- Most Asian currencies were flat on Friday as investors weighed signs of softening U.S. inflation against comments from Federal Reserve officials that...
Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7413 vs. the last close of 6.7450. About the fix China maintains stri
China will cut the retail prices of gasoline and diesel on Wednesday, the country’s top economic planner announced Tuesday. The prices will go down by 130 yuan (about 19 U.S. dollars) per...
By Ambar Warrick Investing.com-- Asian currencies fell on Thursday as commitments from Federal Reserve officials to keep hiking rates despite a tempering in inflation pushed up the dollar,...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7324 vs. the last close of 6.7245. About the fix China maintains stri
By Ambar Warrick Investing.com-- The Chinese yuan fell slightly on Wednesday after the country logged weaker-than-expected inflation readings for July, while most other Asian currencies...
By Ambar Warrick Investing.com-- Chinese consumer and producer price indicators for July came in below expectations on Wednesday, indicating that the world’s second-largest economy was...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7612 vs. the last close of 6.7529. About the fix China maintains stri
By Ambar Warrick Investing.com-- The Philippine peso fell the most among its Asian peers on Tuesday after the country’s second-quarter GDP rose less than expected, while most other...
By Peter Nurse Investing.com - The U.S. dollar posted more gains against the Japanese yen in early European trade Monday, although was subdued overall after last week’s strong U.S....
By Ambar Warrick Investing.com-- Most Asian currencies fell on Monday after mixed Chinese trade data raised concerns over demand in the country, while the dollar strengthened on expectations...
By Ambar Warrick Investing.com-- Most Asian currencies treaded water on Friday as investors hunkered down ahead of key U.S. payrolls data, while the Indian rupee rose after the central bank...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7405 vs. the previous fix of 6.7636 and the prior close of 6.7485. Ab
(Bloomberg) -- Billionaire Jack Ma’sAnt Group (SS:688688) saw profit growth fall in the three months ended in March as it reels from the pain of a sweeping overhaul ordered by regulators.The...
By Peter Nurse Investing.com - The U.S. dollar handed back some of its earlier gains in European trade Thursday, while the pound was flat ahead of the latest Bank of England rate...
By Ambar Warrick Investing.com-- Most Asian currencies kept to a tight range on Thursday as the U.S. dollar remained underpinned by expectations of a hawkish Fed, while the Taiwan dollar...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7636 vs. the previous fix of 6.7813 and the prior close of 6.7597. Ab
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, maintaining the overnight gains on raised geopolitical tensions and after Federal Reserve...
By Ambar Warrick Investing.com-- The Taiwan dollar fell the most among Asian currencies on Wednesday as concerns over a U.S.-China standoff persisted, while a sharp rise in the dollar...
By Ambar Warrick Investing.com-- China’s services sector grew at a faster clip in July from the previous month as it benefited from easing COVID-19 restrictions, a private survey showed on...
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