Asia shares scale 7-week peak, commodities on the mend
Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally.
Mar 03, 2016, 08:37 AM IST
China central bank boss: No reason for yuan to fall further
China's central bank chief has blamed foreign speculators in part for volatility in the yuan and said there is no basis for further depreciation, according to an interview in Caixin magazine.
Feb 14, 2016, 15:32 PM IST
Global stock markets plunge on Fed gloom
A fierce sell-off gripped world markets Thursday after a warning by US Federal Reserve boss Janet Yellen over the global economy, while oil fell close to 13-year lows.
Feb 12, 2016, 06:05 AM IST
`Uncertainty` over China`s yuan fuels market turmoil: Janet Yellen
US Federal Reserve Chair Janet Yellen said Wednesday that China`s unclear policy over its yuan currency was stoking turbulence in global markets and exacerbating global economic growth concerns.
Feb 10, 2016, 20:01 PM IST
China shares end at 14-month lows after late selling frenzy
Battered by a late selling frenzy, the benchmark Shanghai Composite Index ended down 6.4 percent at 2749.79 points, its lowest close since Dec. 1, 2014.
Jan 26, 2016, 18:36 PM IST
China's exports defy expectations, rise 2.3% in December
China's exports defied expectations and rose 2.3 percent in December but the overall exports of the global trading giant fell by 1.8 percent last year, the government said Wednesday.
Jan 13, 2016, 17:41 PM IST
Japan's Taro Aso - China may find it difficult to continue buying yuan
Taro Aso said on Friday that China may find it difficult to continue supporting the yuan.
Jan 08, 2016, 06:17 AM IST
Fed watching China stocks rout, Republicans slam yuan slump
The Federal Reserve was closely monitoring the sell-off in stocks that shook world markets.
Jan 08, 2016, 04:35 AM IST
Yuan depreciation risks competitive devaluation cycle - Mexico
China allowed the biggest fall in the yuan in five months on Thursday.
Jan 08, 2016, 01:12 AM IST
Chinese stock markets closed after shares fall 7%
In total, the markets were open for less than 15 minutes.
Jan 07, 2016, 09:17 AM IST
China ready to moderate sharp offshore yuan falls: Sources
China’s central bank is on guard against a sudden attack on the yuan in offshore markets, and is ready to intervene if the gap between offshore and onshore exchange rates becomes destabilising, sources involved in policy discussions say.
Dec 15, 2015, 22:45 PM IST
Investor nerves tested with yuan, oil, Fed in play
Volatility swept through world markets on Monday with China`s yuan hitting a fresh multi-year year low and oil`s continued travails adding to nervousness before an expected hike in US interest rates later this week.
Dec 14, 2015, 17:15 PM IST
Chinese yuan weakens to four-year low
The central parity rate of the Chinese currency renminbi (yuan) weakened on Monday for the sixth consecutive day to its lowest level against the USD since July 2011.
Dec 14, 2015, 11:29 AM IST
China's foreign reserves fall to $3.44 trillion, a near three-year low
The country's foreign exchange stockpile, the world's biggest, declined to USD 3.44 trillion last month, down USD 87.2 billion from October, according to figures released by the State Administration of Foreign Exchange (SAFE).
Dec 07, 2015, 17:53 PM IST
China leaves India trailing in race for reserve currency status
China`s accession to the International Monetary Fund`s elite has left behind India, whose cautious approach to liberalisation means the rupee is unlikely to be a viable candidate for reserve currency status for at least a decade.
Dec 01, 2015, 22:31 PM IST![No "big bang jump" for Rupee onto world stage: Raghuram Rajan](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2015/12/01/437266-rajan777.jpg "No "big bang jump" for Rupee onto world stage: Raghuram Rajan")
No "big bang jump" for Rupee onto world stage: Raghuram Rajan
RBI Governor Raghuram Rajan Tuesday said the inclusion of Chinese yuan into IMF's reserve currency basket may lead to more devaluation of the unit but ruled out any such "big bang" internationalisation for the rupee and favoured a "steady" opening up.
Dec 01, 2015, 20:30 PM IST
RBI keeps policy rate unchanged on inflation concerns
The cash reserve ratio or the amount of deposits banks park with RBI has also been left unchanged at 4 percent.
Dec 01, 2015, 14:40 PM IST
Early signs of turnaround visible in some export sectors: RBI
Early signs of a turnaround are visible in some export sectors such as readymade garments, pharmaceuticals and electronics despite persistent weakness in global trade, the Reserve Bank said Tuesday.
Dec 01, 2015, 13:53 PM IST
7th Pay panel award not to upset fiscal roadmap: Rajan
RBI Governor Raghuram Rajan on Tuesday said the Seventh Pay Commission recommendations will not upset fiscal maths as additional expenditures will be offset by either surplus revenues or expenditure cuts.
Dec 01, 2015, 13:49 PM IST
RBI sees growth recovery but retains GDP projection at 7.4%
Robust second quarter GDP numbers suggest that the economy is in early stages of recovery, RBI Governor Raghuram Rajan said Tuesday, but retained his earlier growth projection for the current fiscal at 7.4 percent.
Dec 01, 2015, 13:10 PM IST
