Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
Global Market: China chip rally sparks valuation bubble fears among investorsChinese chip companies are seeing high stock valuations. This surge is fueled by China's drive for technological self-reliance. However, re...
Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
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...
Global Markets | Resilience Tested: Asian economies balance buffers against rising oil shockAsian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the...
AI boom drowns out war fears to fuel Asia’s great market divideAsia's markets are split: South and Southeast Asia grapple with rising oil prices impacting trade and stocks, while North Asia's tech giant...
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
China is considering softer currencyReuters reported that China is considering weakening the yuan in anticipation of higher trade tariffs under a potential second Trump presid...
Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources sayChinese policymakers are reportedly considering a yuan devaluation in 2025 to counter potential higher U.S. tariffs under a second Trump pr...
Rupee ends lower pressured by weaker yuan; Fed Powell's remarks in focusRupee ends lower pressured by weaker yuan; Fed Powell's remarks in focus.
Rupee ends lower pressured by weaker yuan, importer dollar bidsRupee under pressure as economy cools and FX reserves build up. Investors expect U.S. rate cuts, impacting rupee. Despite importers' dollar...
China's yuan eases to 7-month low on PBOC's weak guidanceChina's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides offic...
Navigating yuan’s weakness in India-China tradeThe relationship between India and China has been progressing economically, despite tensions over border issues. However, the Chinese yuan ...
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.
China's central bankers can create global fireworksWhile a weaker yuan would be positive for exporters, it leaves many Chinese companies in an increasingly precarious situation.
China's yuan floats near month highs after recent fallChina's yuan traded around the highest levels so far this month on Thursday as the currency extended a recent bounce.