Search Results for 'Asian'

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

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

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

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 [...]

Posted On : Nov, 28 2011 | Comments : 0

Asian Currencies Drop for Fourth Week on Europe Debt Concern

Asian currencies dropped for a fourth week, led by South Korea’s won and India’s rupee, as Europe’s debt crisis showed no signs of abating, prompting investors to favor safer assets including the dollar. The Bloomberg-J [...]

Posted On : Nov, 26 2011 | Comments : 0

Asian Currencies Decline as Europe Funding Woes Heighten Ris...

South Korea’s won and Indonesia’s rupiah led declines in Asian currencies on speculation higher borrowing costs in Europe will complicate efforts to contain the region’s debt crisis, curbing appetite for riskier assets. [...]

Posted On : Nov, 17 2011 | Comments : 0

Asian Currencies Drop on Greek Referendum, Chinese Slowdown

Asian currencies dropped, led by South Korea’s won, as concern Greece’s planned referendum on the European Union’s rescue plan will worsen the debt crisis damped demand for emerging-market assets. The won fell the mos [...]

Posted On : Nov, 02 2011 | Comments : 0

No Asian currency integration soon: ADB

Asian Development Bank President Haruhiko Kuroda said Thursday any Asian currency integration is a long way off and cast doubt on the Chinese yuan emerging as a regional unit. The idea of a single currency for Asia and of integrating the [...]

Posted On : Aug, 19 2011 | Comments : 0

Asian Currency Trading Volumes Grow

Daily trading volumes in both the Australian and Tokyo foreign exchange markets have grown in U.S. dollar terms, according to data released Monday. But while some of the growth was likely due to dealers looking to take advantage of inc [...]