Search Results for: Mizuho
Euro pinned near 11-year low as SNB move beefs up bets on ECB stimulus
January 16th, 2015
The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to abandon its currency cap meant it was almost certain the European Central Bank would launch large-scale bond buying next week. The ...
Yen Drops First Time in Four Days Before Elections as Won Gains
December 11th, 2014
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...
Dollar Approaches 120 Yen on U.S. Growth as Aussie Falls 6th Day
December 4th, 2014
The dollar strengthened to within 0.1 percent of 120 yen, the highest since July 2007, as analysts forecast that U.S. job growth will accelerate while Japan remains in recession. A gauge of the U.S. currency headed for its highest close in more than ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
Yen Falls Toward Seven-Year Low as Spending Slides; Aussie Drops
November 28th, 2014
The yen tumbled toward a seven-year low and two-year Japanese government bond yields slid below zero after data showed household spending fell and inflation slowed. The yen headed for a monthly loss of at least 1.6 percent against all ...
Yen Set for Fifth Weekly Loss on Elections
November 21st, 2014
The yen rose, paring the sharpest five-week drop since 1995, after Japan’s Finance Minister Taro Aso said the currency had depreciated too rapidly. Japan’s currency has fallen against all except one of its 31 major counterparts this week before Japan ...
Singapore Returns Up to $9 Billion to Banks in Rate Probe
November 7th, 2014
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...
Asia stocks mostly rise after European bank stress tests
October 27th, 2014
Asian stocks mostly rose after most of Europe’s largest banks passed a stress test aimed at checking the strength of the region’s financial system. European regulators examined the balance sheets of 130 lenders. In total, 25 banks failed, ten ...
Dollar firm around 108 yen on eased concern about global economy
October 24th, 2014
The U.S. dollar stayed relatively firm around 108 yen Friday morning in Tokyo on eased worries about the global economy, but caution over another Ebola infection in the United States capped the currency’s further gain. At noon, the dollar ...
OCBC in Talks With Thai Billionaire on United Engineers
August 27th, 2014
Oversea-Chinese Banking Corp. (OCBC) and its insurance subsidiary are in exclusive talks to sell their stakes in Singapore’s United Engineers Ltd. and its WBL Corp. unit to Thailand’s richest man. Selling the stake would help OCBC, Southeast Asia’s second-largest ...
