The dollar held firm, having risen to its highest level in nearly nine years, driven by persistent weakness in the euro and a fresh fall in the yen.» Read More
Chinese shoppers are cashing in on the ruble's sharp drop, snapping up goods in Russia at low prices before brands can respond to foreign exchange moves.
China oil major CNPC is probing a 2013 oil deal as part of the mainland's sweeping corruption crackdown, taking down one of Premier Xi's political rivals.
China may be routinely underestimating its steel sector output, with official 2013 figures coming in 40 million tons below a key industry estimate.
The U.S. dollar rose against major currencies for a second session on Thursday after the Federal Reserve's signals that it could hike rates soon.
*China watching rouble closely as Russian currency collapses. BEIJING, Dec 18- China is closely monitoring the slide in the Russian rouble, the foreign exchange regulator said on Thursday, as the currency of one of its major energy imports struggles to avoid a free-fall. Wang Yonggui, head of policy and regulations for the State Administration of Foreign...
The dollar pared gains against major currencies on Wednesday after the Fed said there remains "considerable time" before an interest rate hike.
With disappointing economic data chasing China into the new year, HSBC is cutting its growth forecasts, citing five key themes for the economy.
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
Emergency measures by the Russian central bank Monday night looked to have fallen short within hours of their announcement.
The U.S. dollar rose against the euro on Monday on expectations that the Federal Reserve will take a less-dovish stance on monetary policy.
The Norwegian crown sank to its weakest in more than a decade against the U.S. dollar on Friday, a day after Norway's central bank cut rates.
The dollar was boosted by strong U.S. retail sales numbers and declining jobless claims, suggesting the US economy may get a rate hike next year.
WASHINGTON, Dec 11- The United States will continue to press China on its currency, protection of intellectual property and state-owned businesses, U.S. "The key with China is to continue to simply press them on those areas where trade is imbalanced, whether it's on their currency practices, whether it's on IP protection, whether it's on their state-owned...
Emerging markets may be buffeted by a stronger U.S. dollar and lower commodity prices, but the segment's bonds still look like a good bet, analysts said.
The euro edged higher against the dollar, but investors remained nervous over an uncertain political situation in Greece.
The yen rose strongly on Tuesday as a further drop in oil prices hit risk appetite.
SHANGHAI, Dec 9- Chinese shares plunged on Tuesday, sharply reversing course from a two-week rally fueled in part by speculation the central bank would further ease policy, with a key stock index recording its biggest fall since the depths of the global financial crisis. The gyrations follow the People's Bank of China's surprise November interest rate cut in...
Emerging market currencies will be "more volatile" as we go into 2015, says Luis Costa, head of CEEMEA FX and rates strategy at Citi.
SYDNEY, Dec 9- Oil prices skidded to fresh five-year lows on Tuesday, pressuring commodity-linked currencies and most Asian shares as a bout of risk aversion rippled through world markets. Brent crude shed 70 cents to $65.49 a barrel, while U.S. crude futures lost another 46 cents to $62.59. Prices are likely to remain around $65 a barrel for the next six to seven...
SHANGHAI/ BEIJING, Dec 9- China's yuan slid dramatically against the dollar on Tuesday, heading for the largest single-day drop in its relative value since 2008, as corporates bailed out of the currency on expectations of further monetary easing. Spot yuan slid nearly half a percent to 6.2007 per dollar in morning trade, accelerating a decline that began when...