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Central Banks

Asia shares slip, dollar firms after Yellen's hike hint


TOKYO Asian shares edged down on Monday while the dollar marked fresh highs after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States could be around the corner.


Exclusive: Chinese, Japanese suitors eye $4 billion sale of CIT plane leasing unit - sources 5:54am BST

SINGAPORE/HONG KONG U.S. lender CIT Group Inc has kicked off the sale of its aircraft leasing assets by inviting more than a dozen entities to consider bidding, including China's HNA Group, Industrial and Commercial Bank of China's ICBC Leasing, and Japan's Orix Corp, sources familiar with the matter said.


Dollar rises on Fed rate hike bets; yen sags on likely delay to sales tax hike 5:07am BST

TOKYO/SINGAPORE The dollar hit a one-month high against the yen on Monday and stood tall against other peers after comments by Federal Reserve Chair Janet Yellen enhanced the prospects of a near-term U.S. interest rate hike.


Nigerian president says 'resolved' to keep naira steady, supports flexible FX policy 29 May 2016

ABUJA Nigerian President Muhammadu Buhari said on Sunday the government had resolved to keep the naira's exchange rate steady while supporting the central bank's decision to move away from the dollar peg, which is seen as overvaluing the naira.


Next week to provide clues about Fed's, ECB's next steps 28 May 2016

FRANKFURT Next week will provide investors with clues as to how far the U.S. Federal Reserve is from its next interest rate hike and whether the European Central Bank will see out the year without easing its monetary policy again.


Dollar gains, bond prices fall after Yellen remarks 28 May 2016

NEW YORK The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. | Video


Yellen says Fed rate hike likely appropriate in coming months 27 May 2016

CAMBRIDGE, Mass. The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, U.S. central bank chief Janet Yellen said on Friday, bolstering the case for a rate increase in June or July. | Video

Fed to hold open meeting on new insurance rules on June 3 27 May 2016

WASHINGTON The U.S. Federal Reserve will hold an open meeting next Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies.


British funds raise cash to five-month highs, brace for Brexit - Reuters Poll 27 May 2016

LONDON British investors have raised the share of cash in their portfolios to five-month highs, bracing for any market turmoil from a possible "Brexit" vote at next month's referendum and interest rate rises in the United States.


China's central bank condemns foreign media reports on yuan 27 May 2016

BEIJING China's central bank on Friday condemned two news reports from foreign media outlets published this week about currency reforms and monetary policy.