Asian shares stage patchy recovery but volatility remains high

Last Updated: Thursday, September 3, 2015, 08:42

Japan`s Nikkei rose for the first time in four days, gaining 1.4 percent, while South Korea`s Kospi edge up 0.4 percent, although MSCI`s broadest index of Asia-Pacific shares outside Japan erased early gains.

Does Pakistan inject Rs 70 crore counterfeit currency into India every year?

Last Updated: Monday, August 3, 2015, 19:29

This recent revelation by the National Investigation Agency (NIA) with regards to counterfeit in India should come as a shocker as it has linked fake currencies in India amounting to Rs 70 crore with Pakistan.

Euro resilient as hopes of Greek aid deal persist

Last Updated: Wednesday, July 8, 2015, 08:16

The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

Euro edges lower ahead of euro zone summit on Greece

Last Updated: Tuesday, July 7, 2015, 09:09

The euro edged slightly lower in early Asian trading on Tuesday, but remained well off lows touched in the previous session ahead of a euro zone summit that investors hope might offer a way for Greece to climb out of its debt crisis.

Record yuan strength hurts Chinese exports, immediate let-up unlikely

Last Updated: Thursday, June 11, 2015, 14:10

China`s exports in the first five months rose 0.7 percent from a year earlier, far from the government`s target of 6 percent this year. Exports to Europe and Japan fell 6.9 percent and 8.1 percent, respectively, and shipments to Southeast Asia were flat.

Euro lower on Greek worries

Last Updated: Tuesday, May 26, 2015, 08:12

The common European currency fell to $1.0937 and 133.15 yen in Tokyo trade from $1.0980 and 133.60 yen Monday.

Despite dip, rupee relatively stable: Raghuram Rajan

Last Updated: Tuesday, May 19, 2015, 23:57

The depreciation of the rupee is due in part to the U.S. dollar`s strength and it has fallen less, and in a less volatile fashion, than other currencies, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday.

Dollar extends gains against euro

Last Updated: Monday, May 4, 2015, 09:31

The euro bought $1.1189 in mid-morning Singapore trade from $1.1200 in New York late Friday. It also fell to 134.34 yen from 134.56 yen.

Dollar soft as hopes for mid-year US rate hike fade

Last Updated: Monday, April 27, 2015, 08:39

In Tokyo the greenback slipped to 118.89 yen, from 118.99 yen in New York and well off the 119.56 yen earlier Friday in Asia.

Dollar struggles as weak US data clouds rate-hike picture

Last Updated: Thursday, April 16, 2015, 11:39

The euro lost early gains to trade at $1.0678 from $1.0684, while it rose to 127.49 yen from 127.29 yen in US trade.

Euro sinks to 12-year lows as yield gap grows

Last Updated: Wednesday, March 11, 2015, 15:56

In a dollar rally that began last July the single currency has lost around a quarter of its value, and there is little sign of that bottoming out. Deutsche Bank on Tuesday forecast a fall to 85 US cents by the end of 2017.

ECB QE could cause 'competitive depreciation': China

Last Updated: Thursday, January 29, 2015, 12:04

The ECB last week unveiled a programme to buy 60 billion euros ($68 billion) of private and public bonds each month starting in March, a move intended to ward off deflation in the eurozone.