China, Taiwan & Hong Kong FOREX Trading Newswire

Taiwan dollar surges; Hong Kong intervenes to defend peg

"The (U.S. dollar) selling interest originates onshore," said Tareck Horchani, head of prime brokerage dealing at Maybank Securities in Singapore. That, in turn, he said, pushed foreigners with leveraged positions in the cheap-to-borrow Taiwan …

Nepal Rastra Bank publishes Wednesday’s foreign exchange rates

KATHMANDU: Nepal Rastra Bank has published today’s foreign currency exchange rates. As per the central bank, the buying rate for one US dollar is NPR 134.80, while the selling rate is NPR 135.40. The euro is being traded at NPR 152.70 for buying and NPR …

Capital A Targets $200 Million Through Hong Kong Listing Amid Strategic Overhaul

(MENAFN- The Arabian Post) Capital A Berhad, the parent company of budget airline AirAsia, is preparing for a secondary listing on the Hong Kong Stock Exchange, aiming to raise at least $200 million. This move is part of a broader strategy to access deeper …

China’s firm hand restores calm after Asia’s wild currency moves

China’s economic clout means the yuan is seen as an anchor for currencies across the region, with its stability reducing the chances of extreme moves elsewhere in Asia.PHOTO: REUTERS BEIJING – China signalled that it is not ready to let the yuan strengthen …

Stocks rally on US-China talks, China rate cut

By Tom Westbrook SINGAPORE (Reuters) -U.S. stock futures and Chinese markets rose on Wednesday, as investors cheered news of a meeting between top U.S. and Chinese trade officials as a chance to tone down the tariffs, while China cut interest rates and …

Taiwan Currency Shock Splits Insurers on How to Hedge US Bonds

Two Taiwanese life insurers are taking opposite approaches to foreign-exchange hedging after a surge in the island’s currency put hundreds of billions of dollars of their US bond holdings under scrutiny. Fubon Life Insurance Co. has “enhanced” hedging as …

US futures bounce on China trade talks

SINGAPORE (Reuters) – U.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the trade war. “My …

Hong Kong Ramps Up FX Intervention to Defend Currency Peg

(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 billion ($7.8 billion) of the city’s currency, according to an …

Taiwan dollar surge ‘a warning shot’ in Asia trend towards de-dollarisation: analysts

The New Taiwan dollar’s sudden surge in recent days, along with the appreciation of other Asian currencies, highlights the prospect of deepening regional de-dollarisation as investors rethink their investments in the US currency amid Washington’s “ …

BOK chief sees prolonged volatility in FX market amid domestic, global uncertainties

Published: 06 May. 2025, 17:00 Bank of Korea (BOK) Gov. Rhee Chang-yong speaks to reporters at a hotel in Milan on May 6 in this photo provided by the bank. [YONHAP] Volatility in the foreign exchange (FX) market will likely persist for some time amid …

Hong Kong ramps up intervention to defend currency

(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. Most Read from Bloomberg The Hong Kong Monetary Authority sold a record HK$60.5 billion ($7.8 billion) of the city’s …

Beijing’s firm yuan nudge can cool Asia forex rally

Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country's central bank to make way for further falls against the dollar when it …

Taiwan dollar eases after historic surge as officials deny currency talks with U.S.

Workers at a wet market count and return New Taiwan Dollar notes to customers, as Taiwan is expected to show positive GDP and economic growth, amid the covid-19 pandemic, in Taipei, Taiwan, 15 Aug 2021. Ceng Shou Yi | NurPhoto | Getty Images Taiwanese …

Taiwan Central Bank Says U.S. Didn’t Make Forex Demands, Urges Calm as Currency Surges

Taiwan's central bank to inspect banks to prevent forex market speculation

Taipei, May 6 (CNA) Taiwan's Central Bank said on Tuesday that it will kick off special inspections into the local banking sector to discourage speculators from targeting the foreign exchange market and to ease volatility after a recent rapid …

Forex reserves hit new high at end of April after market intervention

Taipei, May 6 (CNA) Taiwan's foreign exchange reserves hit a new high at the end of April as the central bank jumped into the forex market to buy U.S. dollars, capping the appreciation of the Taiwan dollar, the bank said Tuesday. Data compiled by the …

Won climbs on softer US tariffs, Taiwan currency surge

With the South Korean won having recently gained strength, the record gain of the Taiwanese dollar, sparked by speculation about Taiwan's trade talks with the US, sent other Asian currencies rallying and further pushed up the value of the won. The …

Forex Today: Asian Stocks Continue Rally

Tuesday, May 6, 2025 8:40 AM EDT Image Source: Unsplash   Stock markets in Asia continue to rise, as they have been doing since early April. It has been another good day for Asian stock markets, which are outperforming global and US stock markets with …

Australian Dollar Falls On Weak Chinese PMI Data

The Australian dollar weakened against other major currencies in the European session on Tuesday, after China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new …

Arcadia Finance is Changing the Way South Africans Borrow Money—For the Better

Arcadia Finance helps South Africans compare loan offers easily, with no fees or bias—empowering smarter, clearer, and more confident borrowing decisions. JOHANNESBURG, GAUTENG, SOUTH AFRICA, May 7, 2025 /⁨EINPresswire.com⁩/ -- Arcadia Finance is …

Philomaxcap CEO and GenH2 Executive Chairman Josh McMorrow Joins Siemens Energy North America President Rich Voorberg

Powerhouse Pair will Discuss “Impact of Hydrogen in the Energy Transition and its Role in Carbon Neutrality” at the Offshore Technology Conference (OTC) TITUSVILLE, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- GenH2 Corp. (a subsidiary …

Intellect Appoints Eshmael Mpabanga as Country Head for South Africa

CHENNAI, INDIA, May 7, 2025 /⁨EINPresswire.com⁩/ -- As South Africa accelerates efforts to realise the goals of its National Development Plan (NDP 2030) focused on inclusive economic growth and digital transformation, global technology firms have a …

Trailblazer Hispanic Retail Marketing Agency Acquired in a Strategic Sale Brokered by Website Closers

Website Closers, the world’s largest Tech & Internet business brokerage, is proud to announce the successful sale of DirecToHispanic (DTH), a premier Hispanic TAMPA, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Website Closers, the world’s …

CBiBank Group Chairman Sun Jiangtao Attends Tsinghua New York Summit, Discusses AI Development and Applications

NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- On May 3, 2025, the Tsinghua University 114th Anniversary and the Greater New York Alumni High-Level Forum were grandly held at the China Institute in New York. Sun Jiangtao, Chairman of …

Off the Court to the Runway: NBA All-Star Blake Griffin joins FlyHouse as Newest Ambassador

Blake Griffin joins FlyHouse’s distinguished ambassador roster, ushering in a new era of innovation, performance, and cultural influence in private aviation. SCOTTSDALE, AZ, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Known for challenging …

PwC and Cynalytica Announce Strategic Partnership to Define the Next Frontier in Industrial Cybersecurity

PwC and Cynalytica enter a strategic partnership marking a significant evolution in securing critical infrastructure operational technology (OT) environments. DUBAI, UNITED ARAB EMIRATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- At GISEC Global 2025, …

Colle AI Advances Creator Empowerment With Streamlined NFT Workflow Tools

Platform introduces upgraded asset creation systems to help creators design, deploy, and manage NFTs more efficiently across chains LONDON, LONDON, UNITED KINGDOM, May 7, 2025 /⁨EINPresswire.com⁩/ -- Colle AI (COLLE), the multichain AI-powered NFT …

AGII Develops Next-Gen Detection Tools for Proactive Blockchain Safety

AI-Powered Platform Reinforces Web3 Security with Scalable Real-Time Monitoring Systems SEATTLE, WA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- AGII, a leading AI-driven Web3 platform, has announced the development of its next-generation …

Fraser Allport achieves the prestigious Accredited Investment Fiduciary ® designation

The benefits of working with an Accredited Investment Fiduciary ® DAYTONA BEACH SHORES, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Fraser Allport is proud to announce that he has achieved the prestigious Accredited Investment …

Michael Tarantino has been named to the Forbes 2025 Best-in-State Wealth Advisors list

Established in 2004, Tarantino Wealth Management has grown to oversee more than $225 million in brokerage and advisory assets through LPL Financial. FORT COLLINS, CO, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Michael Tarantino, founder of …

Investing Snacks Expands Coverage to the Consumer Staples Sector

The new daily coverage will spotlight this vital sector’s key players, trends, and newsworthy developments. SAN JOSE, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Investing Snacks, the go-to destination for snack-sized business news, is …

Nicus Introduces Modern TBM Vision and Platform, Powered by ServiceNow

New approach redefines TBM with real-time insights, AI automation, and a flexible, decision-driven cost model — all delivered within ServiceNow. LAS VEGAS, NV, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Nicus Software, Inc. (Nicus), a …

Soriano Motori Corp and Gyre9 Launch SORIANO9 (S9): A New Era in Motorcycle Innovation

A U.S.-Based Collaboration to Develop Advanced Electric and Endothermic Motorcycles, Designed in Italy, Built in America NEW YORK, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- A U.S.-Based Collaboration to Develop Advanced Electric and …

Cultural Wayfinder Launches to Transform Workplaces Through First Nations Leadership and Cultural Safety

Cultural Wayfinder launches to transform Australian workplaces with First Nations-led cultural safety, leadership, and wellbeing programs. BRISBANE, AUSTRALIA, May 7, 2025 /⁨EINPresswire.com⁩/ -- Cultural Wayfinder has officially launched as an Aboriginal …

Partner Real Estate Hosts 'Tacos by the Pool' Celebration for Q1 2025 Top Agents and Listings Blitz Challenge Achievers

ARCADIA, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- In a demonstration of culture-driven leadership and community-building, Partner Real Estate hosted its signature Tacos by the Pool celebration this afternoon at the private residence …

Spirion Differential Scanning Sets New Benchmark for Scalable, Intelligent Data Protection

Leapfrog Legacy Scans with Intelligent, Policy-Aware Data Discovery that’s Built for Scale. TAMPA, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Spirion, a leader in data security posture management (DSPM) and sensitive data governance, …

$3.7 Billion Merger Launches Balefire, a New Brand and Business Growth Strategy

DALLAS, TX, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Legacy teams from VisionPoint Advisory Group and Navitas Wealth Advisors unite around a bold, vision-driven platform to create enduring wealth, sustained business continuity, and family …

Family-Owned Businesses Essential to American Dream, Most Trusted Businesses in the Economy, New Luntz Survey Shows

Communications Expert, Pollster Dr. Frank Luntz Surveys Voters on Family-owned Businesses, the American Dream, and Tax Fairness WASHINGTON, DC, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Family-owned businesses are the most trusted …

Apartment Realty Group Sells 3-Unit Multifamily Property in Escondido

An Apartment Community on W 10th Ave Consisting of one (1) Detached Main House and Two (2) Townhomes Has Sold for $1,280,000 SAN DIEGO, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Angelo La Bruna, Senior Vice President of Apartment …