Tag Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Greenback reigns with the assist of upper yields

SINGAPORE (Reuters) – The Japanese yen traded round five-month lows on Monday in opposition to a greenback underpinned by rising U.S. yields as skinny year-end liquidity saved most currencies in tight ranges. The yen was altering fingers at 157.71 with…

Asia shares dip as excessive yields check valuations

By Wayne Cole SYDNEY (Reuters) – Asian shares edged decrease on Monday as excessive Treasury yields challenged lofty Wall Avenue fairness valuations whereas underpinning the U.S. greenback close to multi-month peaks. Volumes had been mild with the New Yr vacation…