Interest Rate Divergence Weakens Dollar To 17-Month Low Against Yuan: XPeng, Li Auto Among 4 Stock Movers
The U.S. dollar fell to a 17-month low against the Chinese yuan as the Fed cut rates and the PBoC held theirs, highlighting ...
Malaysia dangles tax breaks to lure Asia’s rich to Forest City to revive China-backed project
Malaysia is offering zero per cent tax to attract wealthy Asians to set up family offices in the troubled mega-project, and ...
Consolidation Is Featured, But The Yen And Mexican Peso Are Under Pressure, While The PBOC Fixes The Dollar Lower
The Bank of Japan did not change policy at the conclusion of today's meeting, but it retained its tightening bias. Click to read.
Bullish Bets Steady on Asian Currencies as Fed Easing Bets Soften Dollar, Reuters Poll Shows
The Asian currency positioning poll is focused on what analysts and fund managers believe are the current market positions in ...
Dollar and stocks gain as Fed charts soft landing
The Fed lowered its window for the benchmark policy rate by 50 basis points to 4.75%-5%, where traders had been leaning ...
Gold Clocks New High While Dollar Weakens; Asia And Europe Markets Mixed - Global Markets Today While US Slept
US markets closed higher on Friday, boosted by bets on a potential rate cut. Economic data showed growth in consumer and ...
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ByteDance taps banks for $9.5 billion Asia dollar corporate loan, sources say
TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate ...
Asia shares rise; dollar, yields hurt by outsized Fed rate cut bets
Expectations of less aggressive easing by the BoE in contrast to the Fed have in turn kept sterling supported. It was last ...