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  • November 27, 2014
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Results 1 - 10 of 23 for currency crisis

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  1. News - World

    Venezuela frees detained US reporter

    Posted Nov 11th 2013, 05:53am by AP

    ... on the country's economic crisis. The Miami Herald said on its website that Jim Wyss was released from a detention facility in Caracas on Saturday and handed over to US embassy officials. Wyss, ... to circumvent rigid currency controls. Throughout his detention, Venezuelan authorities never said why Wyss was being held or whether he was facing charges. Nor did President Nicolas Maduro, ...

    http://www.scmp.com/news/world/article/1352676/venezuela-frees-detained-us-reporter
  2. News - Hong Kong

    ADB slashes emerging Asia growth forecast to 6 pct

    Posted Oct 02nd 2013, 02:02pm by AP

    ... stocks and currencies tumbled as foreign investors started pulling funds out on the expectation of higher returns back home. The turbulence triggered fears that it would lead to a wider meltdown similar to the 1997 Asian financial crisis, but the ADB said such fears were "unwarranted" because countries have since beefed up their foreign currency reserves, strengthened economic ...

    http://www.scmp.com/news/hong-kong/article/1322797/adb-slashes-emerging-asia-growth-forecast-6-pct
  3. News - Hong Kong

    ADB slashes emerging Asia growth forecast to 6 pct

    Posted Oct 02nd 2013, 10:51am by AP

    ... stocks and currencies tumbled as foreign investors started pulling funds out on the expectation of higher returns back home. The turbulence triggered fears that it would lead to a wider meltdown similar to the 1997 Asian financial crisis, but the ADB said such fears were "unwarranted" because countries have since beefed up their foreign currency reserves, strengthened economic ...

    http://www.scmp.com/news/hong-kong/article/1322710/adb-slashes-emerging-asia-growth-forecast-6-pct
  4. Business - Banking & Finance - BANKING

    HSBC among five banks fined US$3.4 billion for rigging foreign exchange market

    Posted Nov 13th 2014, 05:38am by AP, Bloomberg

    ... foreign exchange markets- the latest penalties for an industry previously criticised for rigging interest rates and for their role in triggering the global financial crisis. The US Commodity ... the world that use market prices to value assets and manage currency risks. The regulators found that between January 1, 2008, and October 15, 2013, the five banks failed to adequately train ...

    http://www.scmp.com/business/banking-finance/article/1638444/hsbc-among-five-banks-fined-us34-billion-rigging-foreign
  5. News - Hong Kong

    US debt deal relief short-lived in markets

    Posted Oct 18th 2013, 12:15am by AP

    ... index rose 0.3 percent to 1,726. In the longer-term, one fundamental impact of the U.S. debt crisis could be on the dollar's status as a reserve currency. Many in the markets think the fact ... a small Chinese rating agency, downgraded the U.S. to A- from A, arguing that the U.S. government is "still approaching the verge of default crisis, a situation that cannot be substantially ...

    http://www.scmp.com/news/hong-kong/article/1334062/us-debt-deal-relief-short-lived-markets
  6. News - Hong Kong

    US debt deal relief short-lived in markets

    Posted Oct 17th 2013, 07:10pm by AP

    ... indexes, however, had rallied hard the previous day, when a debt deal was announced in Washington. In the longer-term, one fundamental impact of the U.S. debt crisis could be on the dollar's status as a reserve currency. Many in the markets think the fact that U.S. lawmakers took their issues to the wire has besmirched the country's credibility. This week, Fitch warned it may ...

    http://www.scmp.com/news/hong-kong/article/1333793/us-debt-deal-relief-short-lived-markets
  7. News - World - EURO ZONE

    Euro zone unemployment hits record 12.2pc

    Posted May 31st 2013, 06:44pm by AP

    ... for the ailing single currency zone. Eurostat, the EU’s statistics office, said on Friday that unemployment rose to 12.2 per cent in April from the previous record of 12.1 per cent the month before. ... the euro zone is in its longest recession since the euro was launched in 1999. The six quarters of economic decline is longer even than the recession that followed the financial crisis of 2008, ...

    http://www.scmp.com/news/world/article/1250668/euro-zone-unemployment-hits-record-122pc
  8. News - Hong Kong

    Markets flat-footed ahead of run of economic data

    Posted Oct 21st 2013, 07:06pm by AP

    ... debt crisis this month, most investors thought the Fed's so-called "tapering" of its stimulus program would start by December. Many now think it won't start until Janet ... Seoul and Sydney also rose. Elsewhere, trading was lackluster. In the currency markets, the euro was down 0.1 percent at $1.3677 — on Friday, the euro rose above $1.37 for the first time since ...

    http://www.scmp.com/news/hong-kong/article/1336640/markets-flat-footed-ahead-run-economic-data
  9. News - Hong Kong

    Markets flat-footed at start of busy week

    Posted Oct 22nd 2013, 12:10am by AP

    ... Nikkei 225 index rose 0.9 percent to 14,693.57 while China's benchmark Shanghai Composite Index added 1.6 percent to 2,229.24. Hong Kong, Seoul and Sydney also rose. In the currency markets, ... of the debt ceiling crisis. In the oil markets, a barrel of benchmark New York crude was down 94 cents at $100.17 a barrel. Earlier it had fallen below $100 for the first time since early July ...

    http://www.scmp.com/news/hong-kong/article/1336885/markets-flat-footed-start-busy-week
  10. News - Hong Kong

    Markets flat-footed at start of busy week

    Posted Oct 21st 2013, 10:37pm by AP

    ... percent to 14,693.57 while China's benchmark Shanghai Composite Index added 1.6 percent to 2,229.24. Hong Kong, Seoul and Sydney also rose. In the currency markets, trading was lackluster. The euro was down 0.1 percent at $1.3675 — on Friday, it rose above $1.37 for the first time since February, largely because of the dollar's weakness in the wake of the debt ceiling crisis ...

    http://www.scmp.com/news/hong-kong/article/1336813/markets-flat-footed-start-busy-week

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