Currencies Foreign Exchange

  • SHANGHAI, Dec 5- Foreign investors bought Chinese government bonds for the 13th straight month in November on higher yields and easing restrictions on foreign access to the market, despite a sharp slide in the yuan currency. Traders attributed the rise to China's official inclusion in the International Monetary Fund's reserve basket in October, and...

  • SINGAPORE/ SYDNEY, Dec 5- The euro fell to a 20- month low on Monday and investors fled riskier assets after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country's shaky banking system. Renzi's failure deals a body blow to a European Union already reeling under...

  • BEIJING— Asian shares tumbled Monday after Italian voters' rejected constitutional changes, raising questions over whether Italy will stay in the European Union and keep using the euro. Benchmarks in Taiwan and New Zealand also declined. It raises doubts about whether Italy will stay in the European Union and keep using the euro common currency.

  • SINGAPORE/ SYDNEY, Dec 5- The euro fell to a 20- month low on Monday and investors fled riskier assets after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country's shaky banking system. Renzi's defeat deals a body blow to a European Union already reeling under...

  • SINGAPORE/ SYDNEY, Dec 5- The euro was under the gun on Monday, skidding to a 20- month low after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country's shaky banking system. The single currency, which slumped to as low as $1.0505 in early Asian trade after opening at...

  • The euro fell to 20- month lows against the dollar, with markets worried that instability in the euro zone's third largest economy could reignite a dormant financial crisis and deal a hammer blow to Italy's fragile banking sector. Renzi's resignation could open the door to early elections next year and to the possibility of an anti-euro party, the opposition...

  • TOKYO, Dec 5- The euro tumbled in early Asian trade on Monday after Italian Prime Minister Matteo Renzi said he would resign after conceding defeat in a referendum over his plan to reform the constitution. It also came at a bad time for Italy's fragile banking system, as Monte dei Paschi di Siena, the country's third biggest but ailing lender, needs to raise 5 billion...

  • SYDNEY, Dec 5- The euro sank to 20- months lows in Asia on Monday after Italian Prime Minister Matteo Renzi said he would resign in the wake of a stinging defeat on constitutional reform that could destabilize the country's shaky banking system. The single currency dived as far as $1.0505 in thin trade, after starting around $1.0645 earlier.

  • SYDNEY, Dec 5- The euro slid in Asia on Monday after exit polls showed Italian Prime Minster Matteo Renzi clearly losing a constitutional referendum that could end his career and destabilise the country's shaky banking system. The single currency dropped to $1.0577 in thin trade, after starting around $1.0645 earlier. Investors and Europe's politicians fear...

  • TOKYO, Dec 5- The euro dropped in early Asian trade on Monday after exit polls showed Italian Prime Minister Matteo Renzi suffered a heavy defeat in a referendum over his plan to reform the constitution. The euro dropped 0.6 percent to $1.0585, edging closer to its 1 1/ 2- year low of $1.0518 touched late last month. Italian Prime Minister Matteo Renzi has staked his...

  • ISTANBUL, Dec 4- Turkey is taking steps towards launching state tenders in the lira currency, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling currency. Erdogan has called on Turks to cash in their foreign exchange holdings and buy lira and said Turkey was considering measures to allow commerce with China, Russia...

  • BOGOTA, Colombia— Venezuela said it will issue higher-denominated bills as triple-digit inflation and a currency meltdown leave the country's largest note worth just around 2 U.S. cents on the black market. The issuing of new bills comes as Venezuela is bordering on economic collapse. The currency lost 67 percent of its value on the black market last month,...

  • ISTANBUL, Dec 4- Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira. In a speech to flag-waving crowds in the central city of Kayseri, Erdogan also said that Prime Minister Binali Yildirim would bring up the...

  • ISTANBUL, Dec 4- Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira. In a speech to flag-waving crowds in the central city of Kayseri, Erdogan also said that Prime Minister Binali Yildirim would bring up the...

  • LONDON, Dec 4- It has been a difficult week for investors betting against sterling on worries about the shape of Britain's exit from the European Union. And next week's Supreme Court hearing on parliament's role in proceedings may only make things worse. That was not a commitment to stay inside the single market, but it sounded like the sort of concession that...

  • LONDON, Dec 4- It has been a difficult week for investors betting against sterling on worries about the shape of Britain's exit from the European Union. And next week's Supreme Court hearing on parliament's role in proceedings may only make things worse. That was not a commitment to stay inside the single market, but it sounded like the sort of concession that...

  • LONDON, Dec 4- It has been a difficult week for investors betting against sterling on worries about the shape of Britain's exit from the European Union. And next week's Supreme Court hearing on parliament's role in proceedings may only make things worse. That was not a commitment to stay inside the single market, but it sounded like the sort of concession that...

  • LONDON, Dec 4- It has been a difficult week for investors betting against sterling on worries about the shape of Britain's exit from the European Union. And next week's Supreme Court hearing on parliament's role in proceedings may only make things worse. That was not a commitment to stay inside the single market, but it sounded like the sort of concession that...

  • Argentina's President Mauricio Macri waves after being sworn-in as president at Casa Rosada Presidential Palace in Buenos Aires, Argentina, December 10, 2015.

    Argentina is emerging from an econ slump and shaking off the effects of a debt default that earned it a rep as an investment pariah.

  • *Loonie touches its strongest since Oct. 21 at C $1.3254. TORONTO, Dec 2- The Canadian dollar notched a six-week high against its U.S. counterpart on Friday as domestic jobs rose for the fourth straight month and oil climbed, sustaining strength since OPEC's decision midweek to cut crude output. "Everything went well for the Canadian dollar this week," said Adam...