Forex / Asia news

TOKYO (Thomson Financial) - Japanese government bond prices ended the Thursday morning session lower, as waning fears about the adverse economic impact from America's sub-prime lending woes, and renewed caution ahead of the outcome of the latest central bank policy meeting, dampened investor sentiment...

BEIJING (XFN-ASIA) - Actual foreign direct investment (FDI) in the first six months of the year totaled 31.889 bln usd, up 12.17 pct year-on-year, the Ministry of Commerce said.In June, actual FDI totaled 6.63 bln usd, up 21.91 pct.allen.shu@xfn.com-..

SINGAPORE (Thomson Financial) - Singapore can expect to conclude a free trade agreement with China by next year, the traits Times newspaper reported Thursday, citing a top government official who met with China's Vice Premier Wu Yi.Talks on the FTA began last October...

SYDNEY (Thomson Financial) - The US dollar was firmer against major currencies in Asian morning trade Thursday with investors awaiting the outcome of the Bank of Japan's policy meeting due later in the day.Currency traders expect the BoJ to remain cautious though not in a hurry to hike interest rates...

TOKYO (Thomson Financial) - Foreign investors were net buyers of Japanese stocks in the week to July 7, making them net buyers for the second consecutive week, according to preliminary data from the Ministry of Finance releasedon Thursday.Overseas investors bought Japanese shares worth a net 761...

TOKYO (Thomson Financial) - The Cabinet Office will upgrade its assessment of personal spending in its economic report for July, while maintaining its general view of the Japanese economy for a third straight month, the Nikkei reported on Thursday.The government said last month that the economy is recovering, despite weakness in industrial production in some sectors...

NEW YORK (AP) - The dollar traded mixed Wednesday after hitting a new record low against the euro overnight on concerns about the struggling U.S. housing market.The 13-nation euro traded as high as $1.3784 before settling back to $1.3761 in late New York trading, up from $1...

LONDON (Thomson Financial) - The dollar continued to weaken further, touching new 26-year lows against the pound and staying near all-time lows against the euro, as a lack of hard data left the market focused on the troubled subprime mortgage market in the US...

LONDON (Thomson Financial) - The dollar remained depressed, with yesterday's twin warnings on the US subprime market casting a pall over the outlook for the US economy and, in turn, the US currency.The dollar has been the victim of a frenzied rout after rating agencies Standard&Poors and Moody's placed billions of dollars worth of US subprime bonds on review for possible downgrades...

BEIJING (XFN-ASIA) - China's tax revenue rose 29 pct year-on-year in the first half of the year to 2.49 trln yuan, the official Xinhua news agency reported, citing figures from the State Administration of Taxation.China's tax revenue grew 21.9 pct in 2006...

BEIJING (XFN-ASIA) - China's foreign exchange reserves increased 130.6 bln usd in the second quarter to 1.333 trln usd, the People's Bank of China said.The figures, published on the central bank's website, cement China's position as the holder of the world's largest pile of hard currency...

BEIJING (XFN-ASIA) - China's broad money supply, or M2, was up 17.06 pct year-on-year to 37.78 trln yuan at the end of June, the central bank said.In May, M2 rose 16.74 pct year on year to 36.97 trln yuan.In a statement on its website, the central bank said M1 rose 20...

LONDON (Thomson Financial) - Talk among Japanese officials of re-investing some of its 900 bln usd in foreign currency reserves has intensified, suggesting the government is keen to join other Asian countries in seeking better returns and moving away from dollar-based assets...

BEIJING (XFN-ASIA) - China's National Bureau of Statistics said it has revised upward its 2006 gross domestic product growth (GDP) calculation to 11.1 pct, 0.4 percentage points higher than its previous estimate.GDP reached 21.09 trln yuan in 2006, based on prices that year, up 146...

KUALA LUMPUR (Thomson Financial) - Crude palm oil (CPO) futures contracts traded on the Malaysia Derivatives Exchange were broadly higher Wednesday despite bearish June export data and inventory level as traders expect global demand for palm oil to remain strong over the longer term...

LONDON (Thomson Financial) - The dollar steadied after being battered overnight following yesterday's warning from two leading credit ratings agencies of a potential crisis in the US housing market.The news that Standard and Poors placed 12 bln usd worth of US subprime bonds on review for a possible downgrade has prompted frenzied selling of the dollar as it reignited concerns about the outlook for the world's largest economy...

TOKYO (Thomson Financial) - Japanese government bond prices closed firmer Wednesday following gains charted by US bond prices overnight and the fall in the local stock market.Investors remained cautious as they waited for the outcome of the Bank of Japan's two-day policy board meeting ending Thursday...

TOKYO (Thomson Financial) - Japan's consumer confidence fell to its lowest level in two and a half years last month with moreconsumers convinced economic conditions have worsened and expect prices to rise in a year's time,data from the Cabinet Office showed Wednesday...

BEIJING (XFN-ASIA) - The growth in China's trade surplus is expected to ease in the second half of the year, Ministry of Commerce spokesman Wang Xinpei told reporters at a briefing.China had a first half trade surplus of 112.53 bln usd, with the June surplus at 26...

SYDNEY (Thomson Financial) - The US dollar dipped against the yen and euro in Asia Wednesday as currency traders remain focused on the US housing market and a heightened risk its weakness could spread to the wider US economy, while carry trades are also under closer scrutiny...