Latest Currency markets News
China moves to boost languishing markets by ordering funds to invest more in shares
BANGKOK (AP) — The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters in Beijing...
Stock market today: Wall Street begins Trump's second term with gains
NEW YORK (AP) — U.S. stocks rose Tuesday after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased. The S&P 500 climbed 0.9%, while many markets around the world took only tentative steps following Donald...
Here are some of China's New Year resolutions to boost its economy
BANGKOK (AP) — China’s leaders are bracing for shocks to the economy from higher tariffs threatened by U.S. President-elect Donald Trump once he takes office. To help rev up an economy bogged down by a property crisis and disruptions during the pandemic, the ruling Communist...
Brazil's currency drops to weakest level yet as Lula's fiscal measures debated
SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending. A bill backed by Lula that...
Iran's rial hits a record low, battered by regional tensions and an energy crisis
TEHRAN, Iran (AP) — The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the wars raging in the Middle East. ...
