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Philippine peso hits record low Taiwan dollar slips to early August levels South Korean won hits 2-week low Seoul chipmakers dive more than 10% (Updates for afternoon trade) By Nikita Maria Jino and Sameer Manekar Oct 15 (Reuters) — Most emerging Asian currencies weakened on Thursday after hotter-than-expected US infla
South Korean won hits 2-week low Taiwan dollar slips to early August levels Philippine peso hits record low South Korean chipmakers dive 10%-12% Singapore, Indonesian shares down 1% Oct 15 (Reuters) — Most currencies in emerging Asia weakened on Thursday against the US dollar, after hotter-than-expected US inflation fu
South Korea’s won jumped to a two-year high on Monday, supported by lower oil prices and heavy dollar selling by local companies.
Most Asian currencies were muted, while the South Korean won reached a two-year high against the U.S. dollar.
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.
MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Emerging Asian stocks rose on Monday, led by chip-related shares, as investors awaited a meeting between US President Donald Trump and Chinese President Xi Jinping later this week for signals on trade ties and the global economic outlook.