Dollar set for fifth winning week on Fed bets, PBOC supports yuan

Dollar set for fifth winning week on Fed bets, PBOC supports yuan

TOKYO, Aug 18 (Reuters) – The dollar headed for a fifth winning week versus major peers, the longest streak for 15 months, as a resilient U.S. economy argued for high rates for longer while China’s floundering recovery spurred demand for the safety of the U.S. currency. On Friday, however, the dollar trimmed some of those … Read more

Asia stocks stall, yuan slips as China cuts rates

Asia stocks stall, yuan slips as China cuts rates

A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo China cuts short-term rates Japan GDP beats expectations, Nikkei jumps MSCI Asia ex-Japan index falls 0.2% SYDNEY, Aug 15 (Reuters) – Asian stockmarkets were pinned near one-month … Read more

Asia stocks near 16-month peak on economic optimism, Aussie eases before RBA

Asia stocks near 16-month peak on economic optimism, Aussie eases before RBA

TOKYO, Aug 1 (Reuters) – Asian stocks edged toward a sixteen-month peak on Tuesday and oil held near recent highs as investors began to find more cause for cheer over global economic prospects than reasons to worry, even as data showed risks remain. The dollar hit a three-week high against the yen as investors continued … Read more

L’indonésien Pupuk Kaltim en pourparlers pour racheter les activités d’engrais de l’australien Incitec Pivot: sources

L’indonésien Pupuk Kaltim en pourparlers pour racheter les activités d’engrais de l’australien Incitec Pivot: sources

SINGAPOUR/SYDNEY, 24 juillet (Reuters) – La société publique indonésienne d’engrais PT Pupuk Kalimantan Timur (PUPUK.UL), ou Pupuk Kaltim, est en pourparlers pour acquérir l’activité engrais de l’Australien Incitec Pivot Ltd (IPL.AX), ont déclaré deux sources proches du dossier. Pupuk Kaltim, qui est le plus grand fabricant d’engrais à base d’urée en Asie du Sud-Est, a … Read more