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Last year, foreign currency reserves in emerging markets dropped for the first time in twenty years, mostly due to lack of competitiveness, capital outflows and fears of US tightening monetary policy...
On Wednesday the greenback was broadly higher against its peers, as it was supported by growing expectations for a U.S. rate hike in the coming months and as investors eyed upcoming U.S. economic data...
On Wednesday the pound dropped to more than one-week lows against the dollar, despite the data indicating that the U.K. manufacturing sector expanded at the fastest rate in eight months in March...
China welcomes Taiwan as a member of Beijing-led Asian Infrastructure Investment Bank (AIIB) as long as the self-ruled island uses an appropriate name, Reuters cited China's Xinhua Wednesday...
On Wednesday a government survey indicated that factory activity had picked up unexpectedly in March, the news pushed Chinese shares higher...
Famous investor and chief of Berkshire Hathaway Inc. Warren Buffett said the euro zone could withstand Greece’s exit from the union...
Gold futures start April with climbing as the dollar declines, but gains were trimmed on expectations that the Federal Reserve is on course to lift interest rates this year...
On Wednesday crude-oil futures were choppy in Asia as markets were eyeing U.S.-Iran nuclear talks and the build-up in U.S. oil supplies. Analysts consider the April-June quarter to be the weakest for the oil...
German Chancellor Angela Merkel and French President Francois Hollande pressed Athens to deliver an economic plan that its European partners can approve, as the sands are running out...