Dollar droops on election day after ‘Trump trade’ unwind TOKYO: The dollar started Tuesday on the defensive as traders squared positions on the day of the US presidential... Published 05 Nov, 2024 09:37am
Markets Yuan bounces as traders brace for US election volatility SINGAPORE: The yuan touched a two-week high on Monday in a firm start to a pivotal week that has markets braced for... Published 04 Nov, 2024 10:00am
Business & Finance China’s yuan eases HONG KONG: China’s yuan weakened further on Wednesday against the US dollar, which hovered near a three-month peak... Published 31 Oct, 2024 06:18am
Markets Yen slips, markets brace for US inflation data SINGAPORE: The yen was a tad softer against the dollar in trading thinned by a Japanese holiday on Monday, with... Published 12 Aug, 2024 09:53am
Business & Finance China’s yuan ticks up after CPI rise SHANGHAI: China’s yuan advanced slightly against the US dollar on Friday, after data showed the country’s... Published 12 Aug, 2024 06:36am
Business & Finance Yuan inches higher, market awaits Dec PMI to gauge Covid impact SHANGHAI: China’s yuan crept higher against the dollar in thin holiday trading on Monday, with investors awaiting... Published 27 Dec, 2022 06:07am
Markets Dollar falters as investors challenge Fed’s hawkishnes SINGAPORE: The dollar was on the back foot on Thursday, even as the Federal Reserve kept to its hawkish rhetoric... Published 15 Dec, 2022 10:42am
Business & Finance Yuan eases ahead of Fed decision SHANGHAI: China’s yuan eased against the dollar on Wednesday, with market participants cautious ahead a Federal... Published 15 Dec, 2022 06:00am
Business & Finance Yuan firms as weak loan data overlooked HONG KONG: China’s yuan edged up slightly on Tuesday against the US dollar as investors shrugged off weak China... Published 14 Dec, 2022 05:57am
Markets China’s yuan hits two-week high as dollar falls on Powell’s comments China’s yuan hit a two-week high against the US dollar on Thursday, which came under pressure after the Federal... Published 01 Dec, 2022 12:05pm
Markets Dollar plunges to 3-month low vs yen as Powell says Fed to go slow TOKYO: The dollar tumbled to a three-month low versus the yen on Thursday as traders focused on comments by Federal... Published 01 Dec, 2022 09:44am
Business & Finance Yuan gains, shrugs off weak factory survey HONG KONG: China’s yuan edged up against the greenback on Wednesday, as traders shrugged off weak factory activity... Published 01 Dec, 2022 05:47am
Business & Finance Chinese yuan rises SHANGHAI: China’s yuan strengthened against the dollar on Friday, reversing two days of losses, recovering after... Published 21 Nov, 2022 05:59am
Business & Finance Yuan’s long-term strengthening trend will not change SHANGHAI: China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening... Published 14 Nov, 2022 05:55am
Markets Dollar slumps as US inflation slows LONDON: The US dollar tumbled Thursday against rival currencies as slowing US consumer price inflation dimmed... Updated 10 Nov, 2022 07:20pm
Markets Dollar wobbles while investors await midterms; cryptos skittish SINGAPORE: The dollar wavered on Wednesday, as traders awaited results from US midterm elections and inflation data... Published 09 Nov, 2022 10:29am
Business & Finance Yuan dips as fresh Covid outbreaks offset reopening optimism SHANGHAI: China’s yuan slightly weakened against the dollar on Tuesday, as sharply escalating COVID-19 cases and... Published 09 Nov, 2022 03:41am
Markets Yuan rebounds on hopes China’s strict COVID policy will be relaxed SHANGHAI: China’s yuan rebounded against the dollar on Friday, shrugging off a much weakened official guidance fix,... Published 04 Nov, 2022 11:57am
Markets Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could... Published 04 Nov, 2022 09:59am
Business & Finance Yuan hovers near 15-year low SHANGHAI: China’s yuan hovered at a near 15-year low on Thursday, tracking broad dollar strength after US Federal... Published 04 Nov, 2022 05:56am
Markets China’s yuan falls to 15-year low after guidance fix breaches key level SHANGHAI: China’s yuan fell to a near 15-year low against the dollar on Tuesday, after the central bank fixed the... Published 01 Nov, 2022 12:17pm
Business & Finance China’s yuan on track SHANGHAI: China’s yuan weakened against the dollar on Monday and was on track for its eighth straight monthly... Published 01 Nov, 2022 05:55am
Business & Finance Yuan recoups early losses SHANGHAI: China’s yuan recouped losses against the surging dollar by midday on Thursday after falling earlier to... Published 21 Oct, 2022 05:57am
Business & Finance China’s yuan ends near 28-month low SHANGHAI: China’s yuan finished the domestic trading session at a near 28-month low on Friday and looked set for... Published 26 Sep, 2022 06:07am
Business & Finance Yuan slides to two-year low SHANGHAI: China’s yuan traded offshore weakened to 7 per dollar in European hours on Thursday, as markets continue... Published 16 Sep, 2022 06:04am
Markets Dollar resilient, euro wallows at two-decade low on economy woes SINGAPORE: The dollar held firm on Tuesday on safe haven flows, while the euro languished around a two-decade low as... Published 23 Aug, 2022 10:59am
Markets Yuan touches near 2-year low after China cuts lending benchmarks SHANGHAI: China’s yuan slumped to a near two-year low against the dollar on Monday, as Beijing stepped up easing... Published 22 Aug, 2022 10:11am
Business & Finance Yuan skids to 3-month low SHANGHAI: China’s yuan slipped to a three-month low against the dollar on Friday, breaching a key threshold, after... Published 22 Aug, 2022 06:33am
Markets Euro fragile as Fed hike looms, gas risks weigh SINGAPORE: The euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply... Published 27 Jul, 2022 10:35am
Markets Dollar near recent peaks as Fed looms, growth fears weigh SINGAPORE: The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from the US... Published 26 Jul, 2022 10:23am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points