China's Xiaomi is raising over $1 billion from investors including Singapore's GIC that would value the smartphone maker at over $45 billion, sources said.» Read More
The yen reached a fresh six-year low on the New Zealand dollar on Monday, as safe-haven demand waned amid hopes of more stimulus from China.
The euro fell to three-week low against the dollar on Friday, with investors wary given strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further.
The dollar lost its safe haven bounce as risk appetite improved amid expectations that Ukraine would receive international aid.
It was a Sterling day for the British pound, while the euro suffered on news of a possible negative deposit rate.
Rising U.S. oil production will help neutralize supply disruptions from Libya and Iraq, making global markets less vulnerable to price shocks.
After three lean years, Hong Kong bankers are looking forward to a surge in fees in 2014 as the city regains its swagger with a slew of big-money IPO.
Michael Na, Korea Strategist at Nomura, explains the brokerage's bullish call on South Korean stocks.
After underperforming their regional peers this year, South Korean stocks should rally 18 percent in 2014, according to a recent report from Nomura.
Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.
In the aftermath of Typhoon Haiyan, the flood of money transfers, or remittances, from friends and relatives is expected to increase significantly.
A breakthrough nuclear deal signed between Iran and six other world powers has the potential to remove the "Middle East premium" from oil prices.
Japanese shares outperformed on Thursday thanks to a weak yen while the rest of Asia fell on U.S. tapering fears.
The euro may have bounced back from ECB's interest rate cut, but recovering from talk that the ECB is mulling negative deposit rates could be harder.
The dollar index will likely extend its slide this week on expectations that top Federal Reserve policymakers believe it's still too early to taper.
Stocks have surged globally this year as the specter of macro risks receded, but next year, shares will need to work for their gains, Nomura said.
Shares in Thailand, already weakened by volatility in emerging markets over the past few months, are taking a hit from a new foe: forgiveness.
Appetite for U.S.-listed Chinese stocks may be making a comeback following accounting scandals that lead to a dearth of new listings last year.
Expectations are high for far-reaching economic reforms at a key policy meeting of China's leaders this weekend. But so is the scope for disappointment.
Asian equities rose on Wednesday, taking their cue from a record finish on Wall Street ahead of a monetary-policy decision from the Federal Reserve.
Investors continue to demand a risk premium on the U.S. dollar heading into 2014, though some remain optimistic for a solution to the debt impasse.