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  1. Few things riskier than a safe bet in currency markets

    Posted Jul 11th 2011, 12:00am

    ... into the currency. This should be troubling because there are few things more dangerous in financial markets than a safe bet. That is especially true of the currency markets, because exchange rates ... strengthened by almost 50 per cent as the US currency slumped back to within a whisker of 100 yen. So today, with everyone so sure the Chinese currency is certain to appreciate, it is worth asking ...

    http://www.scmp.com/article/973198/few-things-riskier-safe-bet-currency-markets
  2. N Korea's currency reform backfires

    Posted Mar 09th 2010, 12:00am by Mark O'Neill

    ... Mark O'Neill North Korea's failed attempt to reform its currency has worsened shortages of food and other necessities, devalued its money and made it more reliant on China ... regime is in great danger. The reform has angered the ordinary people, who have hatred in their heart but do not dare to say it. They have lost faith in their currency.' At the end ...

    http://www.scmp.com/article/708032/n-koreas-currency-reform-backfires
  3. Plan sees yuan as a world currency

    Posted Aug 31st 2009, 12:00am by Cary Huang

    ... Cary Huang in Beijing Vice-Premier Wang Qishan has been put in charge of a task force to make the yuan a currency for international trade, an experiment in which Hong Kong is expected ... from the foreign exchange job. It was taken over by Yi Gang, another central bank vice-governor. The reshuffle was designed to enable Ms Hu to concentrate on the ambitious currency programme. ...

    http://www.scmp.com/article/691069/plan-sees-yuan-world-currency
  4. Support for single Asian currency is unrealistic

    Posted Apr 28th 2005, 12:00am by Staff Reporter

    ... Donald Tsang Yam-kuen's support for an Asian single currency is unrealistic ('Single currency would make Asia strong,' Sunday Morning Post, April 24). I doubt that the case for such a currency is 'overwhelming'. His arguments are based on this currency helping intra-Asian trade. This is valid, but surely monetary union is decades away. First, we need free trade ...

    http://www.scmp.com/article/498395/support-single-asian-currency-unrealistic
  5. Revaluation push gains currency

    Posted Sep 24th 2003, 12:00am by Staff Reporter

    ... Monday's sharp fall in Asian stock prices in response to calls for Asian economies to revalue their currencies highlights the region's dependence on external trade. Asian central banks have long intervened to manage currency appreciation pressure stemming from a development model that has relied on exporting at all costs. It has been a bargain for which developed ...

    http://www.scmp.com/article/428957/revaluation-push-gains-currency
  6. Asian economies- and currencies- firing on all cylinders

    Posted Apr 26th 2006, 12:00am by Tom Holland

    ... have prompted airlines to slap weighty fuel surcharges on top of their standard ticket prices. Currencies around the region are rising in value against the US dollar- and also against the Hong Kong dollar. Take the South Korean won. Yesterday, the won touched 936.7 to the US dollar in intraday trading, the strongest reached since the currency's abrupt collapse in October 1997 ...

    http://www.scmp.com/article/546345/asian-economies-and-currencies-firing-all-cylinders
  7. IMF eases stance on currency peg in HK

    Posted Jul 25th 2003, 12:00am by Staff Reporter

    ... Kong's currency peg to the US dollar in the light of changed economic circumstances. Increased international competition and a global economic downturn have led the fund, historically a strong supporter of the fixed exchange rate system, to conclude that a new approach to currency management is warranted. The IMF's view of the peg has changed due to the 'cyclical and structural ...

    http://www.scmp.com/article/422818/imf-eases-stance-currency-peg-hk
  8. Funds target foreign currency deposits from the mainland

    Posted Jul 08th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong The Hong Kong Investment Funds Association (HKIFA) is floating a proposal that would allow local fund managers to tap the vast foreign currency deposits parked in Chinese ... saying that such a scheme would do irreparable harm to domestic capital markets. Under the HKIFA plan, only mainland investors with foreign currency deposits will be allowed to invest. ...

    http://www.scmp.com/article/462385/funds-target-foreign-currency-deposits-mainland
  9. Beijing needs to test the future, but how?

    Posted Aug 24th 2010, 12:00am by Kevin Rafferty

    ... of Japan's obviously ailing economy because it is perceived as a 'safe haven' currency. In any normal times that would be seen as a somewhat sick joke, not least because it threatens ... push the Japanese currency towards new highs-by switching from US treasuries and into yen instruments- provoke the question whether Beijing's fears about the US dollar are the whole ...

    http://www.scmp.com/article/722993/beijing-needs-test-future-how
  10. Don't get in the way, it's a stampede for the exit

    Posted May 26th 2010, 12:00am by Tom Holland

    ... That won't precipitate any balance of payments crises. Asia has more than enough in accumulated foreign currency reserves to absorb any export shock. But it will hit company earnings and affect ...

    http://www.scmp.com/article/715377/dont-get-way-its-stampede-exit

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