dollar

Asian Export Nations Wary Dollar Boost Gives Trump Pretext to Beat Them

By Tetsushi Kajimoto and Cynthia Kim TOKYO/SEOUL, Nov 20 – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already

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World Stocks, Sterling Fight Back After Brexit Beating

By Marc Jones LONDON, June 28 – World stocks rose for the first time in three days and sterling and the euro climbed on Tuesday, as investors made a rush for Brexit-bashed assets hammered by some of the biggest falls since the 2008 collapse of Lehman Brothers. Bargain hunting trumped still widespread uncertainty over Britain’s

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GCC: Change Is Needed

GCC central banks need to bolster research to reform decades old dollar pegs BY Martin Dokoupil Oil-rich Gulf Arab states’ central banks lack adequate research capabilities to pursue a currency reform that could help them better control their economies in both harsh periods of low crude prices as well as in times of economic boom, says

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U.S. Data Ruins New Year Eve’s Rally

January may not be positive if U.S. data further slips BY NOURELDEEN AL HAMMOURY Despite a positive rally for Crude Oil in the final hours of the last trading session in 2015, where WTI Crude closed higher with a 1.20 percent gain and Brent added a little over 2.25 percent in gains, U.S. and global

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The New Year In Business

Currencies and central bank decisions may shape the year ahead BY Nour E. Al-Hammoury Looking back at 2015, it’s clear that it’s been one for the history books—for several reasons. Stand-out factors include the release of long-unseen economic data, dwindling oil prices and a sovereign economy that was tested and found wanting, as Greece defaulted

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Asia Stocks Slip But Japan Bucks Trend on Oil Bounce; Dollar Wobbles

By Shinichi Saoshiro TOKYO, Dec 28 – Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some of the usual leads as most global markets were

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Prospects Still Slim for Major Global Economic Pickup

By Ross Finley, Silvio Cascione and Rahul Karunakar LONDON/BRASILIA/BENGALURU, Dec 20 – The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The U.S. Federal Reserve’s long-awaited rise in rates from zero showed confidence

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