Analysis-After battle with yuan bears, China is now keen to avoid sharp currency gains
SHANGHAI (Reuters) – Having spent all year trying to put a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to…
Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikes
Investing.com– Most Asian currencies firmed on Friday as a rebound in the dollar cooled before an upcoming address by Federal Reserve Chair Jerome Powell, where he is expected to provide…
Dollar rebounds against euro before Powell speech
By Karen Brettell NEW YORK (Reuters) -The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday…
Rupee dips; forward premiums rise amid near certainty on Fed rate cuts
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee was marginally weaker on Thursday amid a pause in the rally in Asian peers, while forward premiums rose after Federal Reserve…
Asia FX weakens as dollar recovers from 3 days of losses; rate cuts in focus
Investing.com– Most Asian currencies weakened on Thursday as the dollar rose from seven-month lows amid some bargain buying, although traders remained largely biased against the greenback on expectations of interest…
Oil prices ease on China demand fears, focus on Mideast talks
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early Asian trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while…
Explainer-Why Canada is on the verge of an unprecedented rail labor stoppage
By David Ljunggren OTTAWA (Reuters) – For the first time, Canada’s two main railway companies – Canadian National Railway (TSX:CNR) and Canadian Pacific (NYSE:CP) Kansas City – are on the…
Russia denies media report about indirect talks with Ukraine
MOSCOW (Reuters) – Russia on Sunday denied a report that Ukraine’s attack on the Kursk region had derailed indirect talks with Kyiv on halting strikes on energy and power targets,…
Suggestions Poland helped Nord Stream sabotage are groundless, says presidential aide
WARSAW (Reuters) – Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president’s…
Autry Stephens, Texas oil billionaire and wildcatter, dies at 86
By Arathy Somasekhar HOUSTON (Reuters) -Autry Stephens, the billionaire founder and chairman of Endeavor Energy Resources, has died aged 86, the company disclosed on Friday, after a prolonged battle with…
