09 Mar '11, 11pm

Currency markets flat amid Libya, euro tensions: NEW YORK: Global currency markets were largely flat on Wednesda...

NEW YORK: Global currency markets were largely flat on Wednesday as traders looked ahead to US trade and jobs data and amid simmering problems in Libya and the eurozone. "With no major US economic reports on the calendar and little news on Libya or European sovereign debt troubles, it has been a quiet day in the financial markets," said Kathy Lien of GFT. The European single currency was flat at $1.3906 versus $1.3905 late Tuesday. The euro had hit $1.4036 on Monday, its highest level since the start of November, after European Central Bank (ECB) President Jean-Claude Trichet signalled last week that the ECB could hike rates in April. "While investors were in a scramble to buy the euro last week after Trichet heavily hinted that rates would rise next month, enthusiasm for the single currency has been tempered by a re-surfacing of investor concern about the sovereign debt c...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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Japan earthquake rocks global stock markets

Japan earthquake rocks global stock markets

channelnewsasia.com 11 Mar '11, 1pm

LONDON : World equities slid and the safe-haven yen steadied in volatile trade Friday after a huge earthquake in major eco...

Business Times Online: FX Money Markets: (TOKYO...

businesstimes.com.sg 05 Mar '11, 9am

KR: We are lifting the 2011 inflation forecast for the second time this year, from 3.7% to 4.4%. The annual GDP forecast i...

Dollar drops to four-month low against euro

channelnewsasia.com 04 Mar '11, 11pm

NEW YORK - The dollar sank to a four-month low against the euro Friday as traders bet on the European Central Bank to rais...

Oil up in Asia on Libya tensions: SINGAPORE - CRUDE rose in Asian trade on Tuesday as the turmoil in Libya conti...

Oil up in Asia on Libya tensions: SINGAPORE - C...

straitstimes.com 22 Mar '11, 4am

New York's main contract, light sweet crude for delivery in April, gained 30 cents to US$102.63 (S$129.94) per barrel whil...

Euro, Swiss franc rise; gold hits new peak

channelnewsasia.com 02 Mar '11, 11pm

WASHINGTON: The Swiss franc hit a record high against the US dollar and the euro hit a 15-week peak on the greenback, whil...

SNA - US and Singapore seen as the best markets...

Morningstar has released results of its second study that measures the experiences of mutual fund investors in 22 countrie...

US dollar rebounds slightly against euro

channelnewsasia.com 25 Feb '11, 11pm

NEW YORK: The US dollar regained ground against the euro on Friday after a week moving downward, as higher oil prices due ...

Cambodia to use local currency on stock exchang...

straitstimes.com 12 Mar '11, 11am

PHNOM PENH - CAMBODIA will use the local currency for trading on its soon-to-be-launched stock exchange, officials said on...

US dollar likely to fall next week as investors...

straitstimes.com 06 Mar '11, 1am

NEW YORK - THE US dollar is likely to fall in the week ahead as investors continue to bet that interest rates in the euro ...

Oil prices climb amid Libya fighting

channelnewsasia.com 22 Mar '11, 8pm

LONDON: World oil prices advanced on Tuesday as fighting raged on in Libya, a significant exporter of crude before the cur...

#singapore news: Cambodia to use local currency on stock exchange: PHNOM PENH : Cambodia will use the local curr...

#singapore news: Cambodia to use local currency...

channelnewsasia.com 12 Mar '11, 10pm

PHNOM PENH : Cambodia will use the local currency for trading on its soon-to-be-launched stock exchange, officials said Sa...

Fire at Marine Terrace flat kills one person

channelnewsasia.com 13 Mar '11, 10am

SINGAPORE : SCDF said a fire broke out at a flat in Marine Terrace where one person was found dead. Firefighters had to ma...