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Asian stocks mixed while euro recovers

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, July 3, 2014. The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the US accelerated last month.  AP PHOTO/RICHARD DREW

Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Larger currency swap deals urged

Following the outflow of portfolio capital away from emerging markets in the first quarter, the Bangko Sentral ng Pilipinas believes there is scope to further increase the amount of the currency swap arrangement among Asean+3 countries.

Posted: April 23rd, 2014 in Headlines | Read More »

Dollar edges up after Crimea breakaway vote

AP FILE PHOTO

The dollar edged higher in Asia on Monday as investors track events in Eastern Europe after Crimeans voted to break away from Ukraine and join Russia, sparking threats of sanctions from the West.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

Dollar higher in Asia

AP FILE PHOTO

The dollar traded higher against major currencies in Asia on Wednesday following another batch of solid US economic data.

Posted: December 25th, 2013 in Latest Business Stories | Read More »

Dollar drops on profit-taking

AFP FILE PHOTO

The dollar Monday fell against most major currencies as investors took profits following last week’s announcement that the US Federal Reserve will soon scale back monetary stimulus.

Posted: December 24th, 2013 in Latest Business Stories | Read More »

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