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  • September 22, 2014
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  1. Little chance of currency deal to avert looming trade battle

    Posted Jan 11th 2011, 12:00am by Tom Holland

    ... with Tom Holland The Brazilian finance minister believes the world's 'currency war' is going to escalate into a global trade war. He may be right. Guido Mantega caused a stir in international markets last September when he claimed the world's leading economies were engaged in a currency war in which some countries were unfairly manipulating the value ...

  2. China winning currency war

    Posted Oct 31st 2010, 12:00am by Alex Lo

    ... these days,' said Mason, a specialist in the politics of international currencies and a former Federal Reserve Bank of Cleveland official. 'But maybe there is another explanation. Maybe ... fate of Japan after the Plaza Accord,' wrote Martin Wolf of the Financial Times, as a typical example of this view. 'In the absence of currency adjustments, we are seeing a form ...

  3. Farmers grappling with volatile currency

    Posted Nov 26th 2004, 12:00am by Lachlan Colquhoun

    ... at least you know that it will rain one day. But with the currency, the way it's been this year, it's hard to predict,' said Charles Burke, the chairman of the economics committee ... With the aussie up 30 per cent in the past 18 months, that means Australian farmers have collectively lost A$3.45 billion as a result of currency appreciation. 'The volatility of the currency is even ...

  4. Beijing sees value of stronger currency

    Posted Oct 25th 2004, 12:00am by Wang Xiangwei

    ... the benefits of a stronger yuan and believed the time was ripe to consider a more flexible currency, the sources said. However, the leadership decided to weather mounting international and domestic pressure and keep the yuan stable in the short term because of concerns about the impact of a flexible currency on the country's banking system and the influx of so-called hot money ...

  5. The promise and pitfalls of FX trading

    Posted Feb 13th 2011, 12:00am by Stephen Vines

    ... matches inflation yet alone yields a real profit. No wonder attention is turning to the foreign currency market, where cautious investors can be pretty sure to preserve their capital while enjoying the prospect of making some real gains, however modest. Governments have been struggling to keep down the value of their currencies as they strive to make their goods and services more ...

  6. HSBC banker predicts growth in trade will continue into next year

    Posted Mar 16th 2011, 12:00am by Keith Wallis

    ... Shipowners' Association lunch. He was speaking after association chairman Kenneth Koo Chee-kong said: 'Quite apart from rising protectionism in developed countries and currency imbalances, we ... of the 'interest rate arbitrage' between US dollars and yuan. But he also believed there had been specific trade settlements in the mainland currency. He said a HSBC survey showed the yuan would ...

  7. China Green posts 25.5pc profit growth

    Posted Jan 15th 2010, 12:00am by Celine Sun

    ... Celine Sun China Green (Holdings), a mainland grower, processor and supplier of agricultural products, expects the average selling price of its fresh produce to climb 5 to 8 per cent this year. The company's net profit jumped 25.5 per cent to 280.2 m ...

  8. HK guarantees all bank deposits

    Posted Oct 15th 2008, 12:00am by Staff Reporter

    ... strengthened. Under the measures announced yesterday, the government will use the Exchange Fund- the reserve backing the city's currency- to guarantee HK$6 trillion in deposits. The government ... Hong Kong dollar and foreign currency deposits held in authorised institutions, including branches of overseas institutions. These deposits total about HK$6 trillion. However, the assets ...

  9. Kobe experience offers some comfort for Japan

    Posted Mar 14th 2011, 12:00am by Tom Holland

    ... to remain well bid in the short term on repatriation flows. But with the currency trading close to its all-time high, Japanese officials and industrialists would both welcome a moderate weakening ...

  10. Like it or not, Hong Kong will stay shackled to the US dollar

    Posted Oct 27th 2010, 12:00am by Tom Holland

    ... with Tom Holland A reader writes in concerned at recent media reports that Hong Kong should ditch its long-standing currency link to the US dollar and instead peg the Hong Kong dollar ... in favour of abandoning the 27-year old peg to the US currency. And according to reports yesterday, Peter Redward, head of Asian economic research at Barclays Capital, reckons that Hong Kong ...




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