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Bank of America not bullish on Asian currencies, cites 'chaotic era'

The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a "chaotic era" for these currencies.

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Japan-South Korea coordinated currency intervention may need U.S. support

The U.S. last week acknowledged Japan and South Korea's "serious concerns" over the recent sharp depreciation in their currencies.

Seoul , Soult-ukpyolsi , South-korea , Tokyo , Japan , China , South-korean , Japanese , Chinese , Teneo-brady , James-brady , Frederic-neumann

Gold is safer than mining stocks: State Street's Milling-Stanley

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

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Currency markets are in a deep freeze — Rate cuts and Trump could thaw them

Traders and investors are looking to global interest rate cuts and a closely-fought US election to drag the world's currency markets from their deepest lull in almost four years.

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China and Hong Kong sold off nearly $5 trillion, worth more than India's stock market

The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in Asia.

Shenzhen , Guangdong , China , Hong-kong , India , Shanghai , Chinese , George-chan , Nicolas-aguzin , Louis-kuijs , World-federation-of-exchanges , Evergrande-group

Japan's finance minister says 'speculative' moves in currency market impacting yen

Japanese Finance Minister warned against speculative currency market moves not reflecting economic fundamentals, repeating concerns over excessive yen declines.

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Standard Chartered says Japan 'very, very close' to yen intervention

The yen's 34-year low has prompted market speculation over potential government intervention to support its currency.

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JPY/USD: Japanese Yen Falls to Lowest Against US Dollar Since 1990

The yen slid to the weakest level in about 34 years against the dollar, prompting Japan’s strongest warning yet that it will take direct action to slow the decline if needed.

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Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.

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Business News: South African rand takes a hit on fears of new Covid variant with many mutations

South African rand takes a hit on fears of new Covid variant with many mutations : Rashtra News South African rand.RapidEye | iStock | Getty ImagesThe South African rand on Friday fell sharply against the dollar after a new variant with many mutations was detected in the country.The currency fell to as low as 16.2391

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