Result Page 3 for Latest Markets / Finance News & Archive

The yuan has been hit as the Federal Reserve ramps up interest rates, sending investors piling into the dollar

China's Yuan Hits 15-year Low After Xi Extends Rule

The onshore yuan fell as much as 0.6 percent to 7.3084 per dollar, its weakest level since December 2007 and close to the lower limit of the trading band set by the central bank on Tuesday.

Most Asian Markets Up On Rate Hopes But China Fear Casts Shadow

Markets reacted badly to Xi Jinping's decision to pack his leadership team with loyalists who back his zero-Covid strategy

The yen fluctuated against the dollar as speculation swirled that Japanese authorities had stepped into forex markets again to support their currency for a second time in as many sessions.

Asian Markets Mixed As Traders Struggle To Keep Rally's Momentum

Forex traders are keeping tabs on Tokyo as the yen edges towards 150 per dollar

Forex traders were also keeping tabs on the yen as it edges closer to 150 per dollar, with Japanese officials holding off a second intervention in as many months but saying they are ready to act when necessary.