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  1. Business - Money

    HKMA defends currency peg, sells HK$6.2b

    Posted Dec 11th 2012, 03:26pm

    ... Reuters in Hong Kong The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, stepped into the currency market on Tuesday, selling HK$6.2 billion (US$800 million) in Hong Kong dollars as the local currency repeatedly hit the strong end of its trading range. According to Reuters data, the latest intervention will lift the aggregate balance- the sum of balances ...

  2. Business - Economy

    Asian central banks seen entering currency markets if Fed tapers off

    Posted Jun 15th 2013, 12:00am by Reuters

    ... Reuters in Singapore Asian central banks seen resorting to currency market intervention if a reduction of Federal Reserve stimulus prompts devaluations Jitters over end of cheap money Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but high debt levels will make them more reluctant than ...

  3. Business - Economy

    US treasury delays China currency report

    Posted Oct 13th 2012, 09:15am by Reuters in Washington

    ... Reuters in Washington The U.S. Treasury on Friday said it will delay a semi-annual currency report until November, a move that will likely draw fresh criticism from Republican presidential nominee Mitt Romney who has accused the Obama administration of being soft on China’s currency policies. The politically sensitive report, which examines the foreign exchange practices of major ...

  4. Business - ECONOMY

    Group of Seven leaders will not use currencies to wage 'economic warfare'

    Posted Feb 17th 2013, 12:00am by AFP

    ... payments via schemes such as offshore companies. Additional reporting by Bloomberg, Reuters ...

  5. Business - Economy - CURRENCY

    China rebuts US claim that the yuan is still significantly undervalued

    Posted Nov 29th 2012, 12:00am by AFP

    ... President Barack Obama. Additional reporting by Reuters ...

  6. Business - Money - ECONOMY

    Cash dam reopened to flush out hot money

    Posted Dec 22nd 2012, 12:00am by Eric Ng

    ... minister, it is also widely expected to engage in similar operations to stimulate its moribund economy." According to Reuters data, the equivalent of US$13.83 billion in Hong Kong dollars has ...

  7. Business - Money - STOCKS

    Only way is up for HSI, say analysts

    Posted Dec 20th 2012, 12:00am by Toh Han Shih, Ray Chan

    ... repeatedly hit the strong end of its permit- ted trading range, Reuters reported. Yesterday, shares of China International Marine Containers (CIMC) fell from their opening price of HK$12.60 ...

  8. Business - Banking & Finance - EARNINGS

    Standard Chartered bank expects high single digit growth

    Posted Dec 07th 2012, 12:00am by Bloomberg

    ... in talks with US regulators over allegations it laundered funds of sanctioned nations including Iran and Sudan. The settlement might reach US$1.8 billion, Reuters reported yesterday, citing people ...

  9. Comment - Insight & Opinion

    Time the US stopped bashing China's currency policy

    Posted Nov 28th 2012, 12:00am by BERND DEBUSMANN

    ... Debusmann, a former Reuters columnist, writes from Washington about international affairs ...

  10. Shenhua Energy profit rises 29.7pc

    Posted Mar 04th 2009, 12:00am by Eric Ng

    ... by Thomson Reuters. Turnover grew 30.5 per cent to 107.13 billion yuan, higher than than the 105.53 billion yuan estimated. Nomura Securities said the earnings shortfall might be due to higher than ...




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