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CHINESE CURRENCY OUTLOOK
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA interventionThe Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority...- Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
- Global Market Today: Asian shares slide as chip stocks tumble; investors eye US earnings, CPIThe MSCI Asia Pacific Index declined 0.3% with equities in South Korea slipping over 3%. That came after a US gauge of chipmakers fell 2.7%...
- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- Gold price today: Gold rate becomes cheaper for certain buyers. Here's howGold rate rose more than 1 per cent on Friday, helped by a softer US dollar and lower oil prices. However, for some buyers, gold price has ...
- Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
- Current gold prices provide a better entry point as central bank demand supports the outlook, says Tata Mutual FundGold prices have corrected sharply from their January peak, but Tata Mutual Fund believes the long-term outlook remains supported by centra...
- Nike stock chart forms a 'Jumpman' after shares plunge - why is NKE down and the story behind Michael Jordan’s iconic logoNike’s stock chart has sparked a joke after commentator Trung Phan said its recent decline created a “Jumpman formation.” The comparison co...
- Global Market: Yuan slips as PBOC signals caution on currency appreciationChina’s yuan weakened Wednesday after the PBOC set a weaker midpoint, ending a 10-session streak of stronger guidance. Rising trade tension...
- Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loomChina’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight sessi...
- ‘I would never want to lose him’: Jamie Dimon backs Chandra, flags India tax hurdles and sees AI paying offJamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will ...
- Global Market: China, Hong Kong shares rise as tech stocks gain ahead of Fed decisionChinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate deci...
- BRICS flags unilateral tariffs, trade barriers as global risksBRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting globa...
- Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...
- Global Market: China stocks edge higher as agriculture, energy and gold shares offset tech weaknessChina’s stock markets edged higher on Tuesday, led by agriculture, energy and gold-related shares, while technology stocks declined. The CS...
- Gold paused not peaked, record run could be ahead: Goldman SachsRecent fluctuations in gold prices have emerged, primarily due to the ambiguous stance of the Federal Reserve and escalating conflicts in I...
- ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
- Hindustan Zinc vs Hindalco: Why Jefferies raised target prices for both, but prefers one over the otherJefferies has raised its target prices for Hindustan Zinc and Hindalco Industries, but prefers the former, retaining a Buy rating versus Ho...
- AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- Gold regains momentum as weak dollar, safe haven demand and seasonal buying support pricesGold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and s...
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