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  • Beijing is letting markets play a bigger role: StanChart

    Divya Devesh, Asia FX strategist at Standard Chartered Bank, explains why he thinks Chinese authorities are not engineering a yuan devaluation.

  • *Euro holds above $1.10 after extending gains overnight. TOKYO/ SYDNEY, Dec 10- The dollar struggled to take back some lost ground on Thursday after sharp losses from investors paring dollar-long positions, while the Australian dollar soared after an unexpected increase in jobs there caught investors by surprise. The Aussie's move "was fuelled by the overnight...

  • *Some estimate up to $6 tln could flow to overseas stocks, bonds. SHANGHAI, Dec 10- It has taken a slump in the property market, a white-knuckle ride on local shares and a currency devaluation, but China's retail investors are finally taking a serious look at overseas stocks and bonds. In November China's foreign exchange reserves drained by their third-sharpest...

  • BEIJING, Dec 10- Targeted measures by China's policymakers have helped limit capital outflows and curb speculation in the yuan currency, the foreign exchange regulator said on Thursday. China's surprise devaluation of the yuan on Aug. 11 fueled a wave of capital outflows on fears the world's second-largest economy might be slowing more sharply than thought.

  • *Some estimate up to $6 tln could flow to overseas stocks, bonds. SHANGHAI, Dec 10- It has taken a slump in the property market, a white-knuckle ride on local shares and a currency devaluation, but China's retail investors are finally taking a serious look at overseas stocks and bonds. In November China's foreign exchange reserves drained by their third-sharpest...

  • The dollar fell on Wednesday as commodity currencies reversed steep losses from Tuesday as oil recovered.

  • An investor observes stock market at a stock exchange hall in Nanjing, Jiangsu Province of China.

    The People's Bank of China set the reference rate for the yuan at a four-year-plus low on Wednesday, underscoring concerns over the economy.

  • China's Consumer Price Index rose 1.5 percent in November from the same period a year ago, data released on Wednesday showed.

  • The dollar soared against oil-linked currencies on Tuesday, touching an 11-year high against the Canadian dollar.

  • LONDON, Dec 8- Emerging market stocks extended their four-day losing streak on Tuesday as bourses and currencies came under pressure from weak China trade data and the fall-out of Monday's oil price rout, with South Africa's rand hitting a new record low. MSCI's broadest emerging market index slid 1.3 percent to the lowest in just over two months.

  • The dollar rose broadly on Monday on expectations the Fed is on track to raise interest rates next week.

  • BEIJING, Dec 7- China's foreign exchange reserves, the world's largest, fell by $87.2 billion in November to $3.44 trillion, central bank data showed on Monday, the lowest level since February 2013 and the third largest monthly drop on record. Analysts blamed the fall partly the dollar's rally during November, which reduced the value of non-dollar reserves, and...

  • LONDON, Dec 7- The New Zealand dollar fell 1 percent on Monday before a meeting of the country's central bank where another cut in interest rates is on the table but, many say, not priced in by markets. Some early selling in London drove the kiwi's losses on the day to a full percentage point, and it was down across the board, against the yen, the euro and the Australian...

  • BEIJING, Dec 7- China's foreign exchange reserves, the world's largest, fell by $87.2 billion in November to $3.44 trillion, central bank data showed on Monday, indicating a pick-up in capital outflows that have put pressure on the central bank to support the yuan. China's surprise devaluation of the yuan on Aug. 11 fueled a wave of capital outflows on fears the...

  • The U.S. dollar was higher against the euro on Friday after stronger-than-expected U.S. monthly jobs data.

  • TOKYO/ SINGAPORE, Dec 4- Asian shares joined a slump in global markets on Friday after the European Central Bank's stimulus package fell well short of markets' high. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, extending losses for the week to 0.4 percent. Japan's Nikkei tumbled 1.9 percent, the biggest daily drop since Nov. 2, and was...

  • SHANGHAI, Dec 4- China's yuan firmed against the dollar at the open on Friday in line with a stronger midpoint set by the central bank. The Chinese currency was also helped by broad dollar weakness in the wake of the euro's strong gains after the European Central Bank's stimulus failed to live up to the market's lofty expectations. The People's Bank of China set the...

  • A clerk handles dollars and euros at a money exchange office in Paris.

    The U.S. dollar hit a nearly one-month low against the euro on Thursday after the European Central Bank cut its interest rate on deposits.

  • LONDON, Dec 3- Copper hit a one-week low on Thursday as the U.S. dollar soared on comments from the Federal Reserve about interest rates, and as worries over flailing demand in top copper user China persisted. Also boosting the dollar versus the euro were expectations that the European Central Bank will cut its deposit rate further on Thursday and extend its 1.1...

  • Activity in China's services sector slowed in November from the previous month, according to a private survey.