Thai baht hits two-month low as oil surge pressures Asian FX
Most Asian currencies weaken, with Thailand's baht leading losses at as much as 33.635 per dollar. Indonesian rupiah, Philippine peso and South Korean won also weaken as US yields rise.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
10 results loaded, newest first. End of these results.
Most Asian currencies weaken, with Thailand's baht leading losses at as much as 33.635 per dollar. Indonesian rupiah, Philippine peso and South Korean won also weaken as US yields rise.
China Industrial Profits YTD (Y/Y) Aug: 15.7% (prev 17.6%)
U.S. stocks traded mixed but mostly higher at midday Friday as crude oil retreated on hopes for an Iran-brokered reopening of the Strait of Hormuz, even as Treasury yields pushed toward their highest level since 2007 after this week's Trump-Xi trade summit. Washington and Beijing extended their trade truce without anno
China auto retail sales fell 24% to 1.54M vehicles last month, while exports rose 78% to 888K and made up 38% of total sales. Auto-industry margins slid to 3.6% in the first seven months of the year.
China industrial profits rose 11.2% Y/Y in July, versus 15.1% previously.
China industrial profit YTD was 17.6%, versus 18.7% prior.
Industrial Profits YTD (Y/Y): 18.7% (prev 18.8)
China's industrial earnings rise 18.8% year-over-year from January to May, according to the stats bureau.
China's industrial profit year-to-date is 18.8%, higher than the previous 18.2%.
China's industrial profit year-to-date is reported.