TheRepublic.com - Currency markets News

Uncertainty over US stimulus drags shares lower

Mon, 17 Jun 2013 23:17:21 -0400

TOKYO - Jitters over a possible change in U.S. stimulus efforts by the Federal Reserve helped pull share prices mostly lower in early Asian trading Tuesday.

G8 faces uncertain recoveries, turbulent markets

Sun, 16 Jun 2013 08:02:43 -0400

ENNISKILLEN, Northern Ireland - Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation - but it remains an open question if the recovery will stick.

Iran market welcomes partial election results

Sat, 15 Jun 2013 11:23:05 -0400

TEHRAN, Iran - Iran's stock exchange and currency markets reacted positively to early election results showing moderate candidate Hasan Rowhani taking a wide lead.

Turkish economy depends on political stability

Tue, 11 Jun 2013 15:40:21 -0400

LONDON - The escalation in the clashes between Turkey's government and protesters could hurt an economy that has become a source of growth and stability in a region hit by recession and unrest.

Latvia gets go-ahead to become 18th euro member

Wed, 05 Jun 2013 09:59:08 -0400

FRANKFURT, Germany - The tiny Baltic state of Latvia has won approval to become the 18th member of the troubled euro currency union - despite doubts among many of its people and international concerns about its banking system.

Q&A: Abenomics, panacea or peril for Japan?

Fri, 31 May 2013 09:31:30 -0400

TOKYO - Recent turmoil in financial markets is raising worries over Japan's economy and the deflation-busting "Abenomics" policies championed by Prime Minister Shinzo Abe. Below are some questions and answers about Abenomics and its implications:

Weak yen a help for Japan, but headache elsewhere

Wed, 22 May 2013 13:06:11 -0400

TOKYO - A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas.

Japan's trade deficit hits $8.6B due to weaker yen

Tue, 21 May 2013 20:50:26 -0400

TOKYO - Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.

More wealthy Chinese buy Seattle-area real estate

Sun, 19 May 2013 15:51:43 -0400

HUNTS POINT, Washington - Real estate agent Joseph Ho climbed the gilded staircase of a Hunts Point mansion listed for almost $5?million, shooting video on his iPad and narrating in Chinese.