Asia’s foreign exchange hit a record high in July as the region’s fast-growing economies kept attracting strong inflows amid sluggish growth in the developed world, burnishing the role of Asian central banks as key players in the currency market.
Reserves held by 11 key Asian central banks, excluding China’s, amounted to $2.861 trillion at the end [...]
Posts Tagged ‘asian markets’
Asian Reserves Jump in July as Euro Soars
August 10th, 2010 by Financial Writer
Tags: asian markets, Chinese economy, dow jones, european economy, financial markets, Global Economy, Global Markets, IMF, monetary
more...A Rich Crop of Chinese IPOs Set for 2010
April 3rd, 2010 by Financial Writer
Agricultural Bank of China is IPO laggard.
EACH YEAR GLOBAL INVESTORS eye china’s initial- public-offering pipeline and jump to the same two erroneous conclusions. First, that the day of the blockbuster mainland listing is over. Second, that the ripest stock offerings have all been plucked, from banking and oil and gas to insurance and airlines.
Entering the [...]
Tags: asian markets, global investors, investors, japan, thailand