Currencies

China’s plan to make renminbi a global currency enters faster phase

China’s challenge is no longer simply to persuade its trading partners to settle transactions in renminbi.

India unveils tough curbs on dollar demand to defend rupee

The central bank will open a special window to meet the daily dollar needs of three state-run oil-marketing companies.

Tech stocks struggle on AI spending worries, elevated yields

OpenAI’s reported revenue fell short of projections, damping investor sentiment.

Trump complained about the weak yen. Days later, Japan PM Takaichi signals the end of reflation

US President Donald Trump in a meeting with Japan’s Prime Minister Sanae Takaichi in New York City on Sept 22.

US dollar at 17-month high as global bond rout hits euro

The dollar index, which measures the US currency against six rivals, was at 102.08, set for a 1% gain this week, its third consecutive weekly gain.

Asian shares fall after wild swings in bonds, currency markets before US jobs data

Japan’s Nikkei dropped 1.1% but was set for a gain of 2.8% for the week.

Japan PM vows to underpin yen by boosting economic competitiveness

Japan’s Prime Minister Sanae Takaichi said she told US President Donald Trump that the yen’s undervaluation was a problem when the two met in September.

Australia’s central bank lifts rates to 15-year high, cannot rule out more hikes

Markets had fully priced in a hike given inflation came in hotter than expected in July.

Bank of Japan debated need for faster rate hikes, July minutes show

The central bank pushed its policy rate to a 31-year high in September as the Middle East war and a weak yen lifted prices of fuel and raw material imports.

Japan says Trump voiced concern over weak yen in summit with PM Takaichi

Japan’s Prime Minister Sanae Takaichi met US President Donald Trump in New York on Sept 22 on the sidelines of the UN General Assembly.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.