Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Rupee falls to 94.86 per USD as modest inflows, oil prices retreatThe Indian Rupee traded within a tight band today. Modest dollar inflows and falling oil prices provided support. However, importers active...
IndiGo flight lands in Guangzhou as airline resumes direct India-China servicesIndiGo and Chinese carriers have resumed direct flight services between India and China, including the Delhi-Guangzhou and Beijing-Delhi ro...
The dollar is dead, long live the dollar!Wars have shaped the US dollar's global power. From financing conflicts to becoming the reserve currency, its reign was cemented by agreeme...
U.S Dollar today: Why is USD down against Euro, Chinese Yuan, top currencies?U.S. dollar index was last down 0.11 per cent at 98.84, with the euro up 0.15 per cent at $1.1643.
Big Russian alert for President Donald Trump on Day one at office as Rouble rises against USD dollarRussia will be an important issue for President Donald Trump as he takes charge today.
Asian stocks edge up, dollar restrained before CPIA soft number might revive speculation the Federal Reserve will only hike by 50 basis points this month, though it would likely have to be ...
China pares back holdings of U.S. Treasuries for 7th monthChina later announced it was halting dialogue with the United States in a number of areas, including between theater-level military command...
Rupee surges 19 paise to 73.12 against US dollar in early tradeForeign institutional investors were net buyers in the capital market as they purchased shares worth Rs 1,824.52 crore on a net basis on We...
Here's what could happen if the yuan slips to 7 a dollarYuan is down about 2.5 per cent in May, headed for its worst drop since July.
Alibaba founder Jack Ma reclaims top spot among Chinese billionairesMa, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has ...
China broadcasting, film industry revenues hit $69 billionRevenue increased 13.16% to about USD 69.1 billion in 2014, annual report issued by State General Administration of Press, Publication, Rad...
- April 22, 2014: Mecklai Financial report on rupee
The Indian rupee hit a one-month low yesterday and posted its worst singleday fall since March 20, due to reemerged dollar demand from impo...
- Huawei posts USD 2.47 billion profit last year
China's telecom major Huawei today said it posted USD 2.47 billion net profit last year, recording about USD 35 billion in revenues.
- Bank balancesheets to grow 10-fold by 2020 to $10 trillion: McKinsey
The balancesheets of the domestic banks will grow tenfold to $10 trillion by the turn of the next decade, according to McKinsey & Company.
- Chinese firms raise $154.8 bn from A-share mkts last year
Chinese capital markets have developed rapidly since 2005 when China launched a reform on non-tradable shares to improve market liquidity.
- China's record forex reserves sparks excess liquidity concerns
The growth is spurred by Yuan appreciation, expectation of further interest rate hikes and monetary-easing policy in the US, analysts said.