China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:24
S&P downgrades multiple US banks citing 'tough' operating conditions
S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar
2023-08-22 10:55
Dollar hovers near highs as U.S. yields surge; PBOC bolsters yuan
By Kevin Buckland TOKYO The U.S. dollar held close to a 10-week peak versus a basket of major
2023-08-22 10:53
Markets head tentatively higher but traders fret over outlook
Stocks wavered in nervous trade Tuesday as investors struggled to pick up the baton from a Wall Street rally, with the mood darkened by concerns over China's economy and...
2023-08-22 10:49
Factbox-China's measures to slow yuan depreciation
SHANGHAI (Reuters) -China's major state-owned banks have been active in both onshore and offshore foreign exchange markets in recent weeks
2023-08-22 10:48
Thaksin Returns From Exile After Deal With Former Thai Enemies
Back in 2008, the last time Thaksin Shinawatra stepped foot in Thailand, he was adored among the nation’s
2023-08-22 10:47
Yuan Shorts Hit as Funding Costs Up by Most Since 2017
Funding costs in China’s offshore market rose by the most in six years amid speculation that authorities in
2023-08-22 10:47
Cambodia’s Hun Sen Seals Political Dynasty as Son Becomes PM
Cambodia’s parliament voted on Tuesday to approve a new government led by the son of outgoing leader Hun
2023-08-22 10:46
Soaring yields leave stocks struggling for headway
By Tom Westbrook SINGAPORE Treasury yields hit new decade highs in Asia on Tuesday as traders grew wary
2023-08-22 10:46
S&P downgrades five US banks following Moody's lead
S&P Global Ratings downgraded five regional US banks by one notch and signaled a negative outlook for several others on Monday.
2023-08-22 10:29
Japan’s Benchmark Bond Yield Hits Nine-Year High in Test for BOJ
Japan’s 10-year government bond yield reached a new nine-year high Tuesday amid upward pressure in global interest rates.
2023-08-22 10:24
Ukraine Recap: Zelenskiy Visits Athens, Asks for Black Sea Help
Ukraine’s President Volodymyr Zelenskiy visited Athens, where he asked Greece to help ensure his country’s access to the
2023-08-22 10:19
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