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  • The Cebu meeting took place amid growing concern about the slowdown in China, the world's second-largest economy, and recent swings in global financial markets following its devaluation of its yuan currency last month. China has insisted that the devaluation was not part of a currency war, but was aimed at making its exchange rate reflect market conditions...

  • BEIJING/ SHANGHAI, Sept 11- China's central bank has asked commercial banks to strengthen supervision of foreign-held non-resident accounts purchases of foreign exchange in China, sources with direct knowledge told Reuters on Friday, in an effort to tighten loopholes in its managed capital account. The sources said the People's Bank of China has given...

  • CHINA'S C.BANK PUTS WATCH ON FOREIGN NON-RESIDENT ACCOUNTS'. BEIJING/ SHANGHAI, Sept 11- China's central bank has asked commercial banks to strengthen supervision of foreign-held non-resident accounts purchases of foreign exchange in China, sources with direct knowledge told Reuters on Friday. The sources said the People's Bank of China has given...

  • Emerging markets currencies are an unattractive investment

    Valentin Marinov, managing director and head of G10 FX research at Credit Agricole, talks about weakness in currency markets and why Chinese authorities are trying to stabilise the yuan.

  • *Sterling in focus after Bank of England boost. LONDON, Sept 11- The dollar held onto most of this week's gains against the yen on Friday in the face of a business survey that leaned against strengthening speculation of another round of quantitative easing by the Bank of Japan. The yen, whose weakening has been a central plank of Prime Minister Shinzo Abe's plan to...

  • TOKYO/ SYDNEY, Sept 11- The dollar extended gains against the yen on Friday on increased prospects of more easing by the Bank of Japan, while the Aussie stood tall after catching a lift from upbeat employment data. The U.S. currency coasted on a boost received Thursday on a media report quoting Japanese ruling party lawmaker Kozo Yamamoto as saying that the Bank of...

  • Weak inflation will spark more China easing: Pro Thursday, 10 Sep 2015 | 9:34 PM ET
    Weak inflation will spark more China easing: Pro

    With inflation data below expectations, the Chinese central bank will cut interest rates and the reserve requirement ratio again in the fourth quarter, says Dickie Wong, executive director of Kingston Securities.

  • FOREX-Dollar under pressure as yuan rallies Thursday, 10 Sep 2015 | 7:39 PM ET

    SYDNEY, Sept 11- The dollar nursed broad losses early on Friday, having come under selling pressure against the yuan, while sterling received a shot in the arm after the Bank of England downplayed global risks facing the UK economy. Catching the eyes of many traders overnight was a 1.2 percent jump in the yuan against the dollar, which in turn provided a lift to the...

  • Sheets of one dollar bills run through the printing press at the Bureau of Engraving and Printing on March 24, 2015 in Washington, DC.

    The dollar softened on Thursday as global stock markets turned down.

  • *New Zealand dollar off as much as 2 pct after rate cut. NEW YORK, Sept 10- The dollar fell on Thursday as global stock markets outside America turned downward and economic data sent contrary signals on whether the U.S. European stocks broke a three-day run of gains with a drop of nearly 1.5 percent following a difficult session in Asia, as data showed a decline in...

  • FOREX-Dollar softens on stocks slump, mixed U.S. data Thursday, 10 Sep 2015 | 11:09 AM ET

    NEW YORK, Sept 10- The dollar softened on Thursday as global stock markets turned down and economic data sent contrary signals about whether the U.S. European stocks broke a three-day run of gains with a drop of 1 percent following a difficult session in Asia, and Wall Street traded off 0.20 percent as data showed a decline in Chinese car sales and slowing capital...

  • *G5 countries agreed Plaza accord on Sept 22, 1985. *Much harder for policymakers to guide exchange rates today. LONDON, Sept 10- Imagine a communique drafted by the world's top economic powers today on the health and direction of the global economy and finance.

  • LONDON, Sept 10- New Zealand's dollar regained some ground after losing more than 2 percent earlier on Thursday, as China's yuan shot up in offshore markets on suspected state bank intervention, whetting investor appetite for risk. The yen slipped after comments by a Japanese lawmaker renewed speculation the Bank of Japan would loosen policy again.

  • China's Li says no to a currency war, urges cooperation Thursday, 10 Sep 2015 | 12:04 AM ET

    DALIAN, China, Sept 10- China will never start a currency war and countries should instead boost economic cooperation as the global economy remains sluggish, Premier Li Keqiang said on Thursday. Li told the World Economic Forum in Dalian in northeastern China that countries should not rely on quantitative easing to deal with global economic problems.

  • Was China trying to set a buffer for slower growth? Wednesday, 9 Sep 2015 | 11:44 PM ET
    Was China trying to set a buffer for slower growth?

    Hartmut Issel, head of equity and Macro APAC at UBS Wealth Management, says Chinese Premier Li Keqiang's speech on Thursday suggests that China is happy with growth being at a "reasonable range around 7 percent."

  • China premier seeks to quell global markets' fears Wednesday, 9 Sep 2015 | 7:32 PM ET

    China Premier Li Keqiang tried to reassure global markets on Wednesday that Beijing can keep its economy on track and stock markets in check.

  • For the yuan, China is on wait and see mode: Pro Wednesday, 9 Sep 2015 | 6:52 PM ET
    For the yuan, China is on wait and see mode: Pro

    Alaistair Chan, economist at Moody's Analytics, says the stability of the yuan hinges on the pace of capital outflows and investor sentiment.

  • The three things that matter in the US market Wednesday, 9 Sep 2015 | 6:10 PM ET
    The three things that matter in the US market

    Patrick Chovanec, chief strategist at Silvercrest Asset Management, says U.S. markets are looking at China-related issues, falling crude oil prices and the looming Fed rate hike.

  • Dollar gains trimmed by Wall Street selloff Wednesday, 9 Sep 2015 | 4:14 PM ET

    The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.

  • DALIAN, China, Sept 9- Chinese Premier Li Keqiang said on Wednesday that the recent adjustment in the yuan was "very small" and that there is no basis for continued devaluation in the currency. Speaking at the World Economic Forum in Dalian in northeastern China, Li also said Beijing did not devalue the yuan in order to stimulate the country's exports.