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Monday November 23, 2009
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  • Economists warn of possible new flood of speculative capital 23 Nov 2009 01:53 GMT
    ... Alexei Kudrin said last month that the yuan could become a global reserve currency in ... appreciation, said Mitul Kotecha, head of global foreign exchange strategies at Calyon in Hong Kong. "China ... the end of 2010. A more flexible Chinese currency is needed for "a stronger, more ...

  • HK dollar recovers from lows last week as stocks bounce 23 Nov 2009 07:13 GMT
    ... frequent interventions by the HKMA in the forex market to defend The aggregate balance -- ... > Stock market reports and updates: > Yuan reports and updates: > U.S. dollar reports and updates: ... China news Hong Kong hot stocks All foreign exchange Hong Kong diary Press digests Keywords: MARKETS ...

  • UPDATE 2-China banks eye cash calls; Beijing denies new rules 23 Nov 2009 12:53 GMT
    ... would have to raise around 100 billion yuan ($14.6 billion), sources said. This year, Beijing has ... a combined $45 billion, part of China's foreign exchange reserves, into Bank of China and ...

  • Weaker dollar lifts Washington state exports: The currency's slide makes Washington products less expensive abroad 23 Nov 2009 05:15 GMT
    ... time,” said Gretchen Steele, vice president of foreign exchange for U.S. Bank in Seattle. Washington ... U.S. government. China’s practice of linking the yuan to the dollar also makes Chinese products less ...

  • Asia Could Benefit From Cooperating on Infrastructure 23 Nov 2009 13:20 GMT
    ... about pressure for a rise in the yuan, widely seen as a precondition for other ... that would lead logically to financial and foreign exchange cooperation,” Mr. Kumar said at a ...

  • ANALYSIS - Besides consumption, Asia must also invest more 23 Nov 2009 15:10 GMT
    ... about pressure for a rise in the yuan, widely seen as a precondition for other ... that would lead logically to financial and foreign exchange cooperation," Kumar said at a conference ...

  • Responsible monetary policies urged 23 Nov 2009 07:52 GMT
    ... estimated two-thirds of its $2.27 trillion in foreign exchange reserves in dollar-denominated assets, and Premier ... United States welcomed the rise in the yuan's exchange rate in recent years but wants ...

  • IMF official warns of bubbles in emerging markets 23 Nov 2009 12:11 GMT
    ... to see the real appreciating when the yuan is weakening with the dollar." The International Monetary ... were moving towards more diversification in their foreign exchange reserves. This was desirable, but it ...

  • HK, China shares jump; financial, metals plays gain 23 Nov 2009 09:23 GMT
    ... ( ) climbed 4.4 percent to 77.82 yuan. ) was up 1.63 percent. The carrier said it saw some ... company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology ...

  • HK, China shares gain; financials, metal counters rise 23 Nov 2009 05:53 GMT
    ... ( ) climbed 3.5 percent to 77.15 yuan. ) was up 1.93 percent. The carrier said it saw some ... company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology ...

  • HK Hot Stocks- Gold counters, Cathay Pacific rise 23 Nov 2009 05:14 GMT
    ... apartments, and a hotel for 2 billion yuan ($292.9 million), a deal to be funded by internal ... on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms ...

  • HK Hot Stocks- Taifook Securities, NWS gain 23 Nov 2009 03:33 GMT
    ... service apartments, and hotel for 2 billion yuan, a deal to be funded by internal resources and bank financing. ... on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms ...

  • Dollar Strengthens as Equities Drop, Short-Term Treasuries Rise 22 Nov 2009 16:34 GMT
    ... people are going to add to risk.” Yuan forwards posted their biggest weekly drop in ... to the weakening dollar has pushed the Chinese currency down 16 percent versus the euro ...

  • Asian currencies mostly lower against dollar 22 Nov 2009 09:16 GMT
    ... lost momentum in the third quarter. CHINESE YUAN: The yuan closed at 6.8278 to the dollar Friday on ... that Seoul will impose restrictions on forward foreign exchange (forex) transactions by companies to bolster foreign exchange ...

  • eFuture Announces Second Quarter 2009 Unaudited Financial Results and First Quarter 2009 Unaudited R 22 Nov 2009 12:50 GMT
    ... gains on derivatives of RMB1.30 million -- Foreign exchange loss reduced by 93.69% to RMB0.06 ... CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Chinese Yuan (Renminbi) U.S. Dollars December 31, June 30, June ...


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