The Japanese yen yesterday fell to a 4-1/2-year low to trade at more than 100 to the US dollar. The key level was breached after speculation that Japanese institutional investors were buying...
- Thu
- May 23, 2013
- Updated: 9:01am
Trending topics
The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
The Monetary Authority pumped HK$1.937 billion into the city's banking system late on Friday - the fifth injection in a week - in a bid to peg back a rise in the Hong Kong dollar and keep it...
Enjoying an Australian steak or a glass of French wine could cost about 5 per cent more by the end of the year because of the rise in those nations' currencies.
Avoid confusing a cougar with a prairie oyster with this guide
Canuck Slang for a Canadian. Use of this word by Canadians is widespread and acceptable, but use by a non-Canadian can...
'The government should consider pegging the Hong Kong dollar to the yuan when the mainland currency becomes fully convertible, former financial secretary Antony Leung Kam-chung said yesterday.'...
1980: The yuan officially trades at 1.5 to the US dollar, or HK$3.23 per yuan, and the currency depreciates after the mainland embarks on its open-door policy
October 1983: Hong Kong...
Jake van der Kamp
(Financial columnist)
1. Gold's value was rooted in the fact that it is lustrous, malleable and does not rust. These qualities are no longer rare. Gold...
An article by Philip Bowring, 'The time is ripe for a regional currency revolution as the US dollar takes a dive', which appeared last Monday on page 13, should have said that China is investing...
Argentina is bankrupt and effectively cut off from the international financial system. Abandoning its 10-year-old one-to-one currency peg to the US dollar was inevitable and arguably should have...
WASHINGTON (September 13): AGREEMENTS reached by the three powers in the dollar talks will be embodied in a communique which was to be issued yesterday.
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