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Jiming Huang
TOKYO, May 17 (Reuters) - A weekend gathering of G7 finance leaders may expose a rift on issues ranging from currency and fiscal policies within the close-knit group of advanced economies, dashing...
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Jiming Huang
Federal Reserve Chair Janet Yellen didn’t rule out using negative rates in a future crisis but emphasized that they would be adopted as a last resort...
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Jiming Huang
Foreign exchange traders are buzzing with talk of a new “Plaza Accord”, following the marked change in the behaviour of the major currencies after the Shanghai G20 meetings in late February...
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Republican presidential candidate Donald Trump said he would be inclined to replace Federal Reserve Chair Janet Yellen if he is elected U.S. president in the November election despite supporting the central bank's low interest rates, he told Fortune magazine.
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Jiming Huang
Billionaire investor Carl Icahn told CNBC on Thursday he has sold his Apple (AAPL) position as the tech giant’s stock continues to shed value after disappointing earnings...
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Jiming Huang
Something is stirring in the currency jungle, and those who know its terrain best wonder whether it is the mighty beast — the dollar...
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Jiming Huang
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday even as it said that labor market conditions were improving and inflation had picked up...
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Mario Draghi has hit back hard at German criticism of low interest rates, insisting the European Central Bank does not take orders from politicians...
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Soggy US growth in the early months of the year has raised new questions over the next Federal Reserve interest rate rise as policymakers balance evidence of strong corporate hiring against softer...
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Jiming Huang
The negative interest rate environment is weakening Japan’s banks — a key transmission valve for stimulating economic growth — the country’s chief financial regulator has warned...
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Jiming Huang
If policymakers in the eurozone and Japan hoped to engineer a weaker currency by their aggressive expansion of monetary policy, they must be watching the latest moves in currency markets with disma...
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Jiming Huang
Dubai plans to build a tower that will stand higher than its Burj Khalifa, currently the world’s tallest skyscraper, property developer Emaar said...
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Jiming Huang
Tesco has fired the starting gun on an expected sell-off of non-core assets, with the sale of some of its stake in Asian online business Lazada...
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Crude oil prices jumped on Tuesday after an Interfax report that Saudi Arabia and Russia reached an agreement on an oil-production freeze...
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Jiming Huang
Chinese e-commerce giant Alibaba Group Holding Ltd said on Wednesday that it has officially become the world’s largest retail platform, with its total trading volume online in the fiscal year endin...
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Jiming Huang
China’s foreign exchange reserves rose last month for the first time since October as downward pressure on the renminbi eased. Reserves rose to $3...
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