Tag: Global Economy
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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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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Korean Won Falls, Touching Lowest Since 1998, on Weak Exports
By Kim Kyoungwha
March 2 (Bloomberg) — South Korea’s won weakened for a third day, touching the lowest since 1998, on concern that sliding exports will starve the nation of foreign exchange needed for banks to service overseas debt.
Posted: March 2nd, 2009 under News.
Tags: Asian Currencies, currencies trading, currency, Currency Trading, Emerging-market assets, Forex, Global Economy, Global recesion, Korea exchange, Korean currency, South Korea's Won
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