Currencies

Stocks rally, dollar dips after Democrats’ midterm sweep

The greatest market reaction may come not from who wins Congress, but from how decisively they win and how far the result deviates from expectations, said an analyst.

China to raise FX reserve requirement to slow yuan’s rally

The People’s Bank of China said it would raise the foreign exchange reserve requirement ratio by 2 percentage points to 6% from 4%, effective on Nov 15.

China vows to boost yuan liquidity, back Hong Kong markets

China’s vice-premier He Lifeng said China will continue to support a free and open economic environment in Hong Kong.

Markets lashed by tech rout as earnings fan AI fears

Bitcoin tumbled after Binance had fallen victim to a major hacking attack that had impacted around US$6.3 billion in funds.

‘Don’t panic’: Marcos vows to defend Philippine peso after slide to record low

Jeepney drivers and consumer advocates hold a rally to protest soaring oil prices that have sunk the peso.

Currency trading platform rocked by Japan hack and US$50m ransom

GMO Internet Group says it would not agree to the hackers’ demands and asked customers to scan their PCs for viruses, back up their files and unplug and turn off devices.

Asian stocks surge as Anthropic IPO lifts sentiment ahead of earnings, central banks

Anthropic disclosed steep loss and red-hot revenue growth in its filing for a US initial public offering.

Yen becoming better hedge against AI market shock: Goldman Sachs

The call comes after the yen showed renewed signs of its traditional haven characteristics during last week’s global tech stock rout.

Yen jumps as traders seek safety amid global flight from risk

The Japanese currency rose 0.8% to 156.86 per US dollar and touched its strongest level since late September.

Philippines surprises with jumbo interest-rate hike as inflation surges, peso slumps

Protesters march along a Manila street to press for a rollback in oil prices and removal of value-added and excise taxes.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

中文版 (beta)

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