Forex News

By Georgina Lee HONG KONG (Reuters) – Investors keen for exposure to China’s economic reopening but unwilling to wager unreservedly are turning to convertible bonds issued by Asian companies, so that they get paid an income while being positioned for some upside if stocks rally.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign that Beijing’s regulatory storm focused on tech companies might finally be clearing.

MEXICO CITY (Reuters) – The Bank of Mexico’s five-member governing board unanimously voted to hike the benchmark interest rate by 25 basis points to 11.25% on Thursday, in line with market forecasts and no longer mentioning possible future upward adjustments to the key rate.

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was on the front foot on Thursday as receding concerns over the banking sector helped improve risk sentiment, with investors switching their attention to the Federal Reserve’s battle against inflation.

By Marcela Ayres BRASILIA (Reuters) – Brazil’s Finance Ministry unveiled on Thursday a proposal for new fiscal rules to balance limits on spending growth with the government’s vow to boost social programs and public investment.

By Jorgelina do Rosario and Uditha Jayasinghe

By Stefanno Sulaiman NUSA DUA, Indonesia (Reuters) – Countries in East and Southeast Asia are looking at ways to ease access to a $240 billion currency swap arrangement, including allowing it to be tapped for pandemic or disaster response, Indonesia’s deputy central bank governor said on

VIENNA (Reuters) – Raiffeisen Bank International will pursue a possible sale or spin-off of its Russian business, Chief Executive Johann Strobl told shareholders at its annual general meeting on Thursday.

By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the role played by credit default swaps in all the turmoil.

A look at the day ahead in U.S. and global markets from Mike Dolan

By Duncan Miriri LONDON (Reuters) – Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets in the United States and Europe are whipped around by banking turmoil.

A look at the day ahead in European and global markets from Ankur Banerjee

By Joe Cash and Liz Lee BOAO, China (Reuters) – Countries in a relatively stronger position should help vulnerable nations especially those under debt distress, International Monetary Fund managing director Kristalina Georgieva said on Thursday.

WELLINGTON (Reuters) – New Zealand’s business confidence was largely unchanged in March as firms are wary but hanging in there, ANZ Bank said in a note on Tuesday accompanying its business confidence survey.

By Marcela Ayres, Lisandra Paraguassu and Bernardo Caram

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Elizabeth Howcroft LONDON (Reuters) – Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday.

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose sharply on Wednesday while the dollar was on the defensive as easing concerns over the banking sector revived risk appetite, while Alibaba’s stock soared on the internet behemoth’s plans to split into six units.

By Kevin Buckland TOKYO (Reuters) – The safe-haven U.S. dollar remained on the back foot on Wednesday following two days of losses as global financial markets regained a measure of stability on hopes a full-blown banking crisis can be averted.