Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in September and only entered the market to buy yen for U.S. dollars […]
China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem Read more
A major fire broke out at Chile's Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in Read more
Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The report, released ahead of talks on climate change finance at the […]
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while Read more
Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes Read more
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in Read more
Maria Khan, a resident of Poonch in Indian-administered Kashmir, shares the devastating story of losing her 12-year-old nephew and niece, Read more
