Search Results for 'Crisis'

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

As currency crisis and feud with West deepen, Iranians brace...

TEHRAN — At a time when U.S. officials are increasingly confident that economic and political pressure alone may succeed in curbing Iran’s nuclear ambitions, the mood here has turned bleak and belligerent as Iranians prepare g [...]

Posted On : Jan, 06 2012 | Comments : 0

Euro’s First Back-to-Back Losses Since 2001 Cap Debt-Crisis ...

The euro had a second consecutive annual loss against the dollar for the first time in a decade as rising yields on the region’s sovereign debt reflected speculation about defaults and stalling economic growth. In its 13th year o [...]

Posted On : Dec, 31 2011 | Comments : 0

Asia Currencies Gain, led by Won, as Europe Makes Progress o...

Asian currencies gained as European Union leaders made progress on stemming the debt crisis and after France turned to China for money to bolster the debt- stricken region’s bailout fund. The MSCI Asia-Pacific Index of stocks advanc [...]

Posted On : Oct, 27 2011 | Comments : 0

Yen Is Near Four-Month High Versus Dollar on U.S. Debt Talk,...

The yen was about 0.4 percent from a four-month high against the dollar as concern that the U.S. and Europe will struggle to contain their debt spurred demand for Japan’s currency as a refuge. The yen climbed against 14 of its 16 ma [...]

Posted On : Jul, 28 2011 | Comments : 0

Belarus Economic Crisis Deepens as Currency Plunges

An economic crisis in Belarus deepened Wednesday when its currency plunged in value after the Central Bank lifted restrictions on the exchange rate. The rule change, and a subsequent drop in the value of the ruble, had been anticipated [...]

Posted On : May, 12 2011 | Comments : 0

Euro Flat Despite Hopes For Debt-Crisis Solution

The euro was little changed Thursday in New York, even after indications that the currency union's leaders may be preparing a comprehensive response to the sovereign-debt crisis that's roiled markets for months. The 17-membe [...]

Posted On : Jan, 21 2011 | Comments : 0

US warned on currency crisis

Ron Paul, the newly empowered Federal Reserve watchdog in the House of Representatives, said the US was on the verge of a currency crisis brought about by monetary policy and pledged to introduce sweeping audits of the central bank. [...]

Posted On : Dec, 13 2010 | Comments : 0

Asia learns painful lessons from euro zone crisis

The idea that countries as different as Japan and Laos, or Singapore and Myanmar, might share the same money has always been a vision for future generations, not the here and now. But policymakers have at least been heading in the direct [...]

Posted On : Dec, 07 2010 | Comments : 0

Australian Dollar Falls on Europe's Debt Crisis, Rio Comment...

The Australian and New Zealand currencies slid for the sixth time in seven days against the U.S. dollar on concern Europe’s debt crisis will spread. The so-called Aussie extended last week’s biggest weekly decline since Octob [...]

Posted On : May, 24 2010 | Comments : 0

Yen Falls Versus Australian, N.Z. Dollars as Crisis Seen Eas...

The yen fell to near a six-month low against Australia’s dollar on speculation the global financial crisis is easing, spurring investors to buy higher- yielding assets financed with the Japanese currency. The yen declined against all [...]

Posted On : Apr, 13 2009 | Comments : 0

Dollar Advances on Optimism Worst of U.S. Economic Crisis Ov...

The dollar advanced against the euro, heading for the biggest weekly gain in three months, on speculation the worst of the financial crisis is over in the world’s largest economy. The Dollar Index completed its largest weekly advance [...]