Search Results for 'Asia'

Asia FX edges up on Greece amid some profit-taking

SINGAPORE: Most emerging Asian currencies rose slightly on Tuesday after euro zone policymakers reached a deal on a Greek rescue fund, while some investors took profits on the belief the accord had already been largely factored in. Eur [...]

Posted On : Feb, 22 2012 | Comments : 0

Asian Currencies Advance on China Plan to Help Resolve Europ...

The Philippine peso and Malaysia’s ringgit led gains in Asian currencies after China said it will help resolve Europe’s debt crisis. The country with the world’s biggest currency reserves is ready to participate in pr [...]

Posted On : Feb, 15 2012 | Comments : 0

Asia Currencies Drop, Led by Ringgit, as Moody’s Cuts Italy,...

Asian currencies weakened, led by Malaysia’s ringgit, after Moody’s Investors Service cut the debt ratings of six European countries including Italy, Spain and Portugal, sapping demand for riskier assets. The uncertainty over [...]

Posted On : Feb, 14 2012 | Comments : 0

Asian Currencies Weaken as European Crisis Outweighs U.S. Da...

Most Asian currencies fell, led by South Korea’s won, as concern Europe’s debt crisis will worsen countered an improvement in U.S. jobs data. The Bloomberg-JPMorgan Asia Dollar Index dropped after David Riley, London-based hea [...]

Posted On : Jan, 11 2012 | Comments : 0

Asian Currencies Weaken as Europe Crisis Saps Demand for Ris...

Asian currencies weakened, led by Indonesia’s rupiah and Malaysia’s ringgit, as concern Europe’s debt crisis will worsen prompted investors to favor assets perceived safer than those in emerging markets. The Bloomberg-J [...]

Posted On : Jan, 09 2012 | Comments : 0

Asian Dollar Bonds Favored by UOB, Mizuho on Concern Currenc...

Asian dollar bonds may beat domestic notes for a second year in 2012 as central banks cut interest rates to spur economic growth, curbing currency gains, UOB Asset Management Ltd. and Mizuho Securities Co. said. The region’s glob [...]

Posted On : Dec, 23 2011 | Comments : 0

Europe woes hit Asia FX again, intervention spotted

Emerging Asian currencies slid on Thursday as investors rushed into safe assets before year-end on expectations for further losses as the euro zone's debt crisis continues. The Indian rupee hit a record low against the dollar for a fo [...]

Posted On : Dec, 16 2011 | Comments : 0

Asian Currencies Decline After European Credit-Rating Warnin...

Asian currencies declined, led by India’s rupee and Thailand’s baht, after ratings companies said last week’s European summit did little to ease the region’s debt crisis, weakening the outlook for exports. The M [...]

Posted On : Dec, 13 2011 | Comments : 0

Asian Currencies Gain on Europe Debt Progress, U.S. Confiden...

Asian currencies gained after European leaders took steps to contain their debt crisis and U.S. consumer confidence topped forecasts, easing concern that global growth is slowing. The MSCI Asia-Pacific Index of stocks snapped a two-day [...]

Posted On : Dec, 12 2011 | Comments : 0

Asian Currencies Weaken After S&P Warns Europe of Possible D...

Asian currencies dropped, led by Indonesia’s rupiah, after Standard & Poor’s warned that the credit ratings of 15 euro-area nations may be cut, adding to concern global growth is slowing. The MSCI Asia-Pacific Index (MXAP) of [...]

Posted On : Dec, 06 2011 | Comments : 0

Yen Trades Near Two-Week Low as Asian Stock Gains Curb Deman...

The yen was 0.2 percent from a two- week low against the euro as Asian stocks extended a global equity rally, curbing demand for haven assets. Japan’s currency fell yesterday after six central banks led by the Federal Reserve acted [...]

Posted On : Dec, 01 2011 | Comments : 0

Asia Currencies Fall This Month on Fund Outflows as Economic...

Asian currencies fell this month, led by India’s rupee’s slide to a record low, as international investors cut holdings of the region’s shares on concern Europe’s debt crisis will hurt exports. Global funds sold ab [...]

Posted On : Nov, 30 2011 | Comments : 0

Emerging East Asia’s local currency bonds growth slows to 5....

Emerging East Asia’s local currency bond markets have expanded at a slower pace in the third quarter but still remain attractive despite the European debt crisis and Asia’s economic slowdown, a report said Tuesday. At the end [...]

Posted On : Nov, 29 2011 | Comments : 0

Asian Currencies Strengthen, led by Korea’s Won, on IMF Ital...

Asian currencies strengthened, led by South Korea’s won, as speculation the International Monetary Fund will help Italy reduced concern Europe’s debt crisis will slow global growth and boosted demand for emerging-market assets [...]