At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate ... Read More
* USD touches 124.30 yen, highest level since December 2002 * Traders are wary of verbal intervention from Japanese officials * Aussie drops after disappointing capex data The dollar hit ... Read More
For years, China has been criticized for keeping its currency from strengthening too much against the dollar. But those days may be over — the International Monetary Fund has ... Read More
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in ... Read More
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle ... Read More
* Dollar index hovers below recent 2-week high * For the week, dollar index up more than 2 pct * BOJ keeps policy unchanged as expected * Caution reigns ... Read More
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains ... Read More
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a ... Read More
Asian shares shrugged off early losses on Tuesday, as rallying Chinese shares and Wall Street’s record close offset euro worries over Greece‘s fiscal woes. MSCI’s broadest index of Asia-Pacific ... Read More
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