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EMERGING MARKETS-South Korea leads equities sell-off as tech rout worsens
Reuters SG via Yahoo Singapore Finance· 4 days ago(.) * S.Korean shares fall as much as 2% * Shares decline in India, Indonesia and Malaysia * Indonesia's rupiah falls to two-week low * Singapore MAS meeting in focus By Sameer Manekar July ...
Market analysts react to surprise rate cut in China
Reuters via Yahoo Singapore Finance· 4 days agoStocks fell and bonds rallied after the announcement of a 20 basis point reduction in the one-year medium-term lending facility (MLF). China's GDP growth...
China cuts 1-year benchmark rate and doubles subsidies for EVs in its 'cash for clunkers' program
Associated Press Finance via Yahoo Singapore Finance· 4 days agoChina ratcheted up its effort to reinvigorate its slowing economy Thursday by unexpectedly cutting a...
China central bank surprises by lending again at lower rates
Reuters via Yahoo Singapore Finance· 4 days agoThe People's Bank of China (PBOC) issued 200 billion yuan ($27.5 billion) in one-year loans under...
EMERGING MARKETS-S.Korean won, Thai baht slip; other Asian currencies lukewarm
Reuters SG via Yahoo Singapore Finance· 4 days ago...0.04 Taiwan dlr 32.838 32.838 - Korean won 1385.900 1379.9 -0.43 Baht 36.125 36.055 -0.19 Peso 58.58 58.58 - Rupiah 16230.000 16210 -0.12 Rupee 83.718 83.7175 - Ringgit 4.670 4.671 +0.02 Yuan 7.264 7.264 +0.01 Change so far in 2024 Currency Latest bid End 2023 Pct Move Japan yen 152.830 141.060...
China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
Reuters via Yahoo Singapore Finance· 4 days agoThe People's Bank of China (PBOC) said it lowered the rate on 200 billion yuan ($27.5 billion) of...
Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize
Reuters via Yahoo Singapore Finance· 4 days agoIn other currencies, the Australian dollar fell to US$0.6519, its lowest since early May. It was...
Asia FX muted as dollar dips ahead of econ. data; yen surges
Investing.com via Yahoo Singapore Finance· 4 days agoInvesting.com-- Most Asian currencies moved in a flat-to-low range on Thursday as a rout in equity markets kept traders largely averse towards risk-driven assets, while the dollar retreated ahead of key economic indicators in the coming days.
Apple supplier Foxconn breaks ground on electric vehicle plant in China's Zhengzhou city
South China Morning Post via Yahoo Singapore Finance· 5 days agoFoxconn Technology Group, which runs the world's largest iPhone factory in the central Chinese city...
Apple COO meets Shenzhen official to discuss supply chain ahead of iPhone 16 launch
South China Morning Post via Yahoo Singapore Finance· 5 days agoA top Apple executive has paid a visit to China's southern tech hub Shenzhen to speak with the...