Archive for the October 1, 2019
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The US dollar's share of currency reserves reported to the International Monetary Fund fell in the second quarter to its lowest level since the end of 2013, while the yen's share of reserves grew to
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The dollar found broad support on Monday as global political uncertainty and fears over a widening of the Sino-U.S trade war kept investors in safe harbours ahead of a slew of global economic indicators this
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The euro fell to its lowest in two-and-a-half years against the US dollar on Monday as concerns about euro zone growth weighed on the single currency, while the greenback benefited from seasonal demand and uncertainty
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The dollar held near recent highs on Monday as uncertainty over the US-China trade war encouraged investors to move into the safety of the greenback, while the New Zealand dollar slid to a 4-year low
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The New Zealand dollar skidded to near four-year lows on Monday after a dismal survey of business confidence suggested the central bank may have to do more to revive growth and investment. The Australian dollar
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South Africa's rand weakened on Monday, tracking the euro and other emerging market currencies, as ongoing jitters about the trade dispute between China and the US and faltering euro zone growth dampened demand. At 1515
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The Philippine peso strengthened the most among its Asian peers on Monday, while most other units traded in a thin range as investors held positions amid reports that Washington may restrict US investments in Chinese
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Britain's government on Monday dismissed opposition suggestions that Prime Minister Boris Johnson faces a financial conflict of interest over Brexit after receiving donations from fund managers who may be betting on a fall in the
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Chinese President Xi Jinping vowed Monday to uphold the "one country, two systems" principle in Hong Kong, after months of pro-democracy protests in the semi-autonomous city. Speaking at a reception in Beijing the night before
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A factory fire has killed 19 people in east China, local authorities said Monday, in the latest deadly incident to hit the country's industrial sector. The fire broke out on Sunday at a factory in
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