South China Morning Post (subscription) - Jun 28, 2015
Visitors to Hong Kong enjoy the Peak experience, but the US dollar and Treasuries may gradually find their own peak experience less rewarding if other countries' foreign-currency accruals are nearing their summit or even edging back down the ...
India will soon invite bids for its first dollar-linked solar power contracts, seeking to cut costs and woo investment as Prime Minister Narendra Modi targets an unprecedented expansion in clean energy.
MUMBAI: In line with equities, the rupee recovered from initial losses, but still ended lower against the US dollar by tumbling 20 paise at 63.84 due to the looming debt default crisis in Greece amidst month-end demand for the greenback from importers.
CIOs could end up accidently overspending on IT in 2015, according to Gartner, as the strengthening US dollar prompts suppliers to covertly hike the cost of products to account for the shortfall in exchange rates.
BK Asset Management managing director Kathy Lien said commodity currencies, like the Australian dollar, would likely take their lead from moves in the greenback, which would continue to be impacted by news out of Greece.
In addition to the region's natural beauty, the buyers were lured by the low value of the loonie relative to the U.S. dollar, said Sookarow who, along with realtors elsewhere, says an increasing number of vacation property buyers are coming from south ...