Tag: currencies trading
Malaysian Exports Post Biggest Drop in 15 Years as Demand Ebbs
By Shamim Adam and Michael Munoz
March 6 (Bloomberg) — Malaysia’s exports fell the most in 15 years in January as the Asian economic slowdown worsened amid slumping global demand for electronics and commodities.
Posted: March 6th, 2009 under News.
Tags: Asia's biggest economy, Asia's export, Asian economic, currencies trading, currency, Currency Trading, Forex, Global demand, Global Economy, Global Recession, Malaysia's exports, Overseas shipments
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China to Keep Yuan Stable, Policy ‘Moderately Loose’ (Update1)
By Li Yanping
March 6 (Bloomberg) — China’s central bank reiterated a “moderately-loose” monetary policy for this year and said it would keep the yuan basically stable.
Posted: March 6th, 2009 under News.
Tags: China's central bank, China's Economy, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession
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Korea Won Rises, Reversing Loss, on Exporter Deals; Bonds Gain
By Kim Kyoungwha
March 6 (Bloomberg) — South Korea’s won advanced, reversing a decline, on speculation the currency’s slump to the lowest level in 11 years encouraged exporters to convert their foreign exchange. Bonds rose.
Posted: March 6th, 2009 under News.
Tags: Asian Currencies, bencmark kospi index, currencies trading, currency, Currency Trading, foreign debt, Forex, Global Economy, Global Market, Global Recession, Korea Financial Investment Asso, South Korea's Won, Trade Surplus
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Australia, New Zealand Dollars Slide as Equities Touch New Lows
By Candice Zachariahs
March 6 (Bloomberg) — The Australian and New Zealand dollars fell as U.S. equities plunged and Australia’s stock benchmark headed for its lowest close in 6 1/2 years after China quelled speculation the government will add to its stimulus plan.
Posted: March 6th, 2009 under News.
Tags: Australia stocks, Australia's economy, Australian Dollar, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession, Gross domestic product, New Zealand Dollar, trade balance, Treasury Department
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Asian Currencies Drop, Led by Won, Rupiah, on Recession Concern
By Lilian Karunungan
March 2 (Bloomberg) — The South Korean won and the Indonesian rupiah led declines in Asian currencies on concern the global recession is worsening, deterring investors from buying emerging-market assets.
Posted: March 2nd, 2009 under News.
Tags: Asian Currencies, Asian stocks, currencies trading, currency, Currency Trading, Forex, Global ecconomy, Global Recession, Suoth korea's exports, U.S. Economy
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Malaysia’s Ringgit Drops to 3-Year Low as Growth, Stocks Falter
By David Yong
March 2 (Bloomberg) — Malaysia’s ringgit fell, extending a two-month slide, on concern the risk of recession will deter investors from buying local assets.
Posted: March 2nd, 2009 under News.
Tags: currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession, Kuala lumpur composite index, local economy, Malaysia's Ringgit
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