BEIJING: The key export sector has shown year-on-year declines in dollar terms for nine of the last 10 months as the country's economic growth has fallen to its slowest level in a quarter-century.
HONG KONG: Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilize its slowing economy or end a collapse in Chinese stocks that is wreaking havoc in global markets.
SINGAPORE: The dollar extended gains against the euro in Asia on Monday ahead of the release of a closely watched report on the US labour market, analysts said.
TOKYO: Shares in Sony jumped almost 12 percent in early trade Thursday to its highest intraday level in nearly four years, after the struggling electronics giant hiked its earnings outlook.
SYDNEY: The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, while oil prices showed no sign of escaping their downward spiral.
NEW YORK: The dollar strengthened Wednesday, capping a powerful year of gains against other major currencies as the US economy proved to be a bright spot in a dimming global economy.
LONDON: The dollar rose Thursday above 120 yen for the first time in more than seven years, boosted by US economic optimism while Japanese stimulus weighed heavily on the yen.