China's central bank made a net cash injection via open market operations for the third consecutive day Monday in an effort to ease a cash strain.
A slide in US bond yields pressured the dollar against the yen on Monday, while the euro struggled for traction after suffering significant losses at the end of last week on renewed concerns about the upcoming French elections.
Chinese mainland shares rose on Monday, led mainly by alcohol makers and banks.
China’s official foreign exchange trading platform operator fine-tuned the yuan midpoint mechanism on Monday, three sources with direct knowledge of the matter said, the latest move to help curb speculation on the exchange rate.
Workers on Monday destroy pet food from Australia, which is suffering from a bout of bird flu. Officials from the Tianjin entry-exit inspection and quarantine bureau supervised the action, which destroyed $156,000 worth of the product, according to media reports.
Nigeria’s central bank plans to boost dollar sales for school fee payment and travel abroad so as to reduce the premium paid on the black market and support the naira, a senior banker said on Saturday.
European Central Bank (ECB) board member Sabine Lautenschlaeger has said the ECB needs to wait to see if inflation stabilizes in its target zone of just under 2 percent before interest rates can be raised, but that she hopes its bond-buying program can be scaled down before year-end.
Chinese mainland stocks are expected to gradually rise as more money appears poised to enter the market, according to media reports.
Police escort Samsung Electronics Vice Chairman Lee Jae-yong to the special prosecutors’ office in Seoul, South Korea, on Sunday. A South Korean court on Friday issued an arrest warrant for Lee on bribery charges, according to media reports.
China has set minimum prices for state procurement of rice products in 2017 to protect the interests of growers, according to the top economic planner.
The Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its planned Renminbi (RMB) currency options on March 20.
The Chinese currency renminbi, or the yuan, continued its strength and rose to a more than three-week high against the US dollar Friday.
The Shanghai-based China Financial Futures Exchange (CFFEX) announced late Thursday that it was easing restrictions on domestic stock index futures trading in a "sound and orderly" way after "assessment of market risk and supervision."
China's central bank made a net cash injection of 100 billion yuan ($14.6 billion) into the financial system through open market operations Thursday, ending 14 days of net fund withdrawal.
The Bank of England (BOE) has revised its proposals for reforming how a benchmark for lending between banks is calculated, as part of its attempts to stamp out the manipulation of key reference points for financial contracts.
Demonstrators hold placards and wave flags as they protest outside the headquarters of Marks and Spencer (M&S) in London on Wednesday. M&S said in November 2016 that it would shut down more than 80 stores at home and abroad, according to media reports.
Chinese mainland stocks posted modest gains on Thursday as higher commodity prices and infrastructure spending continued to boost shares of companies in the materials sector.
The dollar pulled back on Thursday after rising to one-month high in the wake of upbeat US economic data, with demand for the greenback cooling as Treasury yields came off their peaks.