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  • October 24, 2014
  • Last updated: 4:43am
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  1. Business - Money - CURRENCIES

    Yuan proves to be a bulwark against strong US dollar in Asia

    Posted Oct 09th 2014, 05:55am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Safe haven of mainland currency helping to prevent investors from fleeing region entirely Yuan a bulwark against strong US dollar in Asia A stronger US dollar ... Asset Management in Asia. "The [yuan] is still in a multiyear uptrend against the US dollar. It may appreciate at a slower pace or trade at greater volatility, but it is still better ...

  2. News - China

    Hagel to broach topic of cyber threats with Chinese

    Posted May 31st 2013, 11:11am by Associated Press aboard a US Aircraft

    ... Associated Press aboard a US Aircraft Defence Secretary Chuck Hagel will meet with members of a Chinese delegation this weekend and likely talk about ongoing cyberthreats amid new reports ... Hagel said that the US must find ways to work with the Chinese and other countries to develop rules of the road and a better understanding among nations for the use of cyber. “These are issues ...

  3. Business - Money - CURRENCIES

    US dollar strong as lower deficit, Fed tapering buoys currency

    Posted Oct 02nd 2014, 01:07pm by Reuters

    ... Reuters in London Global supply of US dollars set to shrink as America's need to export currency declines US dollar to stay strong as deficit falls and Fed tapers The US dollar looks set to stay strong as a shrinking American current account deficit combines with the ending of Federal Reserve asset purchases to make greenbacks scarcer and more expensive. The US dollar ...

  4. News - Asia - CAMBODIA

    Cambodian police bust Thais carrying US$7m in fake dollar bills

    Posted Sep 20th 2014, 03:13pm by AP

    ... Associated Press in Phnom Penh Three Thais held over US$7m fake notes haul Three Thai men arrested in Cambodia for allegedly carrying counterfeit US$100 notes with a face value of more than US$7 million planned to circulate the fakes in rural areas where they would be less likely to be detected, police said yesterday. The men were arrested on Friday in a border district ...

  5. Business - Economy - MACROSCOPE

    Dollar wins back investors as US economic outlook brightens

    Posted Sep 15th 2014, 04:40am by DAVID BROWN

    ... David Brown Uncertainties over the euro, yen and pound deter capital flows seeking a safe haven at a time when global geopolitical tensions are growing Dollar wins back investors as US economic outlook brightens The US dollar is enjoying something of a renaissance. Dollar fundamentals are on the mend and the currency is winning back investors. Growth in the United States ...

  6. Business - Economy - CURRENCIES

    Yuan jumps to 6-month high against US dollar

    Posted Sep 10th 2014, 04:05am by Jeanny Yu

    ... midpoint exchange rate for the yuan against the US dollar by 187 basis points to 6.152. The increase was the biggest since November 11, 2010, and led the yuan to hitting a six-month high of 6.1362. ... Jeanny Yu jeanny.yu@scmp.com Rally comes after central bank raises midpoint exchange rate following record trade surplus Yuan jumps to 6-month high against dollar The yuan rose ...

  7. Business - Money

    Chart of the day: First Toronto stocks, now the Canadian dollar

    Posted Oct 17th 2014, 05:29am by Nicole Elliott

    ... Nicole Elliott Chart of the day: First stocks, now the loonie Three weeks ago, it was warned that the Toronto main stock index was in trouble; this week, it is down about 11 per cent from the record high of early September. It is the hardest-hit index among the Group of 20 nations, caused by lower commodity prices and global jitters. The Canadian dollar has weakened against its US ...

  8. News - World - CINEMA

    DC Comics and Marvel superheroes ready to fight for box-office dollars

    Posted Oct 16th 2014, 09:34pm by Reuters

    ... Reuters in Los Angeles Warner confirms plans for 10 films with DC Comics characters taking on Marvel's stars Superheroes ready to fight for the box-office dollars The superheroes ... will include Ninjago in 2016. The hugely successful Lego movie took $US480m at the worldwide box office when it was released earlier this year. The new release dates and casting details were issued ...

  9. Business - Banking & Finance

    BNP Paribas seeks help from other banks over dollar clearing ban

    Posted Oct 07th 2014, 09:44am by Reuters

    ... Reuters in London and New York BNP Paribas has asked at least three banks to help it clear certain energy transactions in US dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating US sanctions, sources said. The French bank made the requests to JP Morgan Chase, Bank of America Merrill Lynch and Citi in July ...

  10. Business - Economy - CURRENCIES

    Hong Kong dollar stable despite Occupy Central unrest

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... most-traded peers this month, and is 1 per cent away from the lower end of its trading range of HK$7.75 to HK$7.85 per US dollar. "It's just political noise," said Tim Condon, ... to HK$7.77 per US dollar on Monday in New York, the lowest since May 2012, before trading at HK$7.7693. The currency trades under a pegged exchange-rate system, with the Hong Kong Monetary Authority ...




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