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  • TOKYO, Aug 24- Asian stocks dived to 3- year lows on Monday as a rout in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China- led global economic slowdown roiled world markets. Safe-haven government bonds and the yen rallied on the widespread unrest in the financial markets, set in motion nearly two weeks ago when China...

  • The safe-haven yen rallied and key government bonds were bought from the widespread unrest in the financial markets, set in motion nearly two weeks ago when China devalued its currency and generated fears about the state of its economy. Fears of a China- led global economic slowdown drove Wall Street to its steepest one-day drop in nearly four years on Friday...

  • *Currency markets in risk-off mode on China growth worries. SYDNEY, Aug 24- The yen climbed to a six-week peak against the dollar early on Monday and raced to a two-year high on its Australian peer as investors sought the safety of the Japanese currency on heightened risk aversion. The dollar slid as far as 121.17 yen from 121.96 late in New York on Friday, reaching a...

  • NEW YORK, Aug 21- The dollar tumbled more than 1 percent against the euro and the yen on Friday as strikingly weak Chinese factory data fanned global growth worries and cooled betting that the Federal Reserve will raise U.S. interest rates next month. One indicator of Fed policy expectations, interest rates on overnight indexed swaps, suggested traders now see a...

  • TOKYO— Japanese Finance Minister Taro Aso said Friday that recent moves by China to allow its currency to depreciate are a concern and could pose problems for Tokyo. It was unclear what sorts of choices Aso was implying Japan might face, but the Japanese currency, the yen, has fallen by over 60 percent against the U.S. dollar since hitting a peak of 75.35 yen to the...

  • TOKYO, Aug 20- The U.S. dollar was on the defensive against the euro and yen on Thursday, having pulled back sharply after Federal Reserve meeting minutes suggested policymakers were in no hurry to raise interest rates. The probability of a September hike is now 45 percent from about 50 percent towards the end of July, according to the Chicago Mercantile...

  • TOKYO, Aug 20- The dollar was on the defensive against the euro and yen on Thursday, having pulled back sharply after Federal Reserve meeting minutes suggested that policymakers were in no hurry to raise interest rates. That prompted traders positioned for a September rate increase to quickly unwind their bets, pushing the dollar in overnight trading to a...

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • IMF: China must wait to join exclusive currency club Wednesday, 19 Aug 2015 | 1:28 PM ET

    WASHINGTON— China must wait until at least next year to join an exclusive club of the world's top currencies, the International Monetary Fund said Wednesday. China, world's second-biggest economy, had wanted the IMF to include its currency, the yuan, in the basket along with the U.S. dollar, euro, British pound and Japanese yen starting Jan. 1. China sets a daily target...

  • WASHINGTON, Aug 19- The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Beijing, keen for its currency to have equal billing with the euro, yen, pound and dollar, has been pushing...

  • NEW YORK, Aug 18- The dollar rose against the euro and yen on Tuesday, getting a lift from data showing U.S. housing starts neared an eight-year peak in July, bolstering expectations that the Federal Reserve will raise interest rates as soon as next month. The British pound shot to a seven-week high of $1.5717 against the dollar. U.S. housing starts rose last month as...

  • LONDON, Aug 18- A 6 percent drop in Chinese stocks on Tuesday drove currency investors into safe-haven currencies such as the yen and the Swiss franc, albeit in thin volumes. That bolstered expectations that the Bank of England will raise interest rates in coming months and helped sterling gain 0.6 percent against the dollar and the euro. Earlier, China's main...

  • Is Japan's QE program working? Tuesday, 18 Aug 2015 | 4:15 AM ET
    Is Japan's QE program working?

    Marie Diron, senior vice president of Credit Policy at Moody's, talks about quantitative easing in Japan, comparing it to Europe.

  • TOKYO, Aug 18- The dollar held firm against its peers on Tuesday, as focus shifted back to the prospects of interest rate hikes by the Federal Reserve amid receding concerns that last week's devaluation of China's yuan could spark a global currency war. The dollar gained modestly to 124.43 yen, continuing to pull away from a 12- day low of 123.79 struck last week...

  • It's time for Abenomics to take the lead: Expert Monday, 17 Aug 2015 | 12:03 AM ET
    It's time for Abenomics to take the lead: Expert

    Masakazu Takeda, portfolio manager at Hennessy Japan Fund, says the Bank of Japan has done enough to reflate the economy thus the “third arrow” of the Abenomics program will have to take the lead from now on.

  • Q2 GDP adds to further BOJ easing case: DBS Sunday, 16 Aug 2015 | 11:18 PM ET
    Q2 GDP adds to further BOJ easing case: DBS

    Jason Low, equity strategist at DBS Private Bank, says Japan's second-quarter gross domestic product (GDP) added to the case for further action from the Bank of Japan.

  • Did China's yuan devaluation spark a currency war? Sunday, 16 Aug 2015 | 10:45 PM ET
    Did China's yuan devaluation spark a currency war?

    Wayne Gordon, commodities and FX strategist at UBS Wealth Management and David Mann, chief economist, Asia at Standard Chartered, discuss whether China's move to devalue the yuan added to fears of a currency war.

  • Growth data raise questions for BoJ policy Sunday, 16 Aug 2015 | 8:47 PM ET

    Japan's economy contracted in the April-to-June quarter, but managed to perform slightly better than expected, data released Monday showed.

  • *Yen shows muted response to Japan Q2 contraction. TOKYO, Aug 17- The dollar started the week on a firmer footing on Monday as traders looked to the prospects of a U.S. rate hike next month while the yen was little moved after data showed Japan's economy shrank in the April-June quarter. The U.S. currency is slowly recovering from the damage it suffered last week after...

  • QE isn't helping Japan: Freris Sunday, 16 Aug 2015 | 8:09 PM ET
    QE isn't helping Japan: Freris

    Two years of quantitative easing has done nothing to help Japan's economy, which contracted at an annualized pace of 1.6 percent in the second quarter, says Andrew Freris, CEO at Ecognosis Advisory.