Exchange Fund posts HK$14.6b quarterly loss - South China Morning Post

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today reported net income available to common shareholders of $238 million, or $1.48 per diluted common share for the ... >> full story

UPDATE: Prominent Chinese Economist Reportedly Calls For Yuan ... - FXStreet.com

SAN FRANCISCO (Dow Jones) -- A Chinese government economist called for stability in the country's tightly-controlled foreign exchange market, according to an official Chinese media ... >> full story

Stable China currency needed to curb speculation - Daily Times

SHANGHAI: China should keep its currency the yuan stable to curb market expectations that lead to huge speculative money flows, state media reported on Monday, citing a government ... >> full story

UPDATE 1-Axis Capital posts higher Q1 net profit - Reuters

(Recasts; adds details, share movement) April 28 (Reuters) - Axis Capital Holdings Ltd (AXS.N: Quote , Profile , Research ), a Bermuda insurer and reinsurer, posted a higher first ... >> full story

Exchange Fund posts HK$14.6b quarterly loss - South China Morning Post

The Exchange Fund, which is used to back the Hong Kong dollar, recorded its first quarterly loss since 2005 in the first three months of the year as its investments were hit by ... >> full story

TM Intl makes rollercoaster debut - Business Times Malaysia

SAN FRANCISCO (MarketWatch) -- A Chinese government economist called for stability in the country's tightly-controlled foreign exchange market, according to an official Chinese ... >> full story

Forex reserves at $309.7 bn, third-largest amongst EMEs - Economic Times

MUMBAI: The country's foreign exchange reserves stood at $309.7 billion as at end-March 2008, up $110.5 billion over end-March 2007, making it the third largest stock of reserves ... >> full story

HSBC May Be Forced to Delay Korea Exchange Bank Acquisition - Bloomberg

April 29 (Bloomberg) -- HSBC Holdings Plc , Europe's largest bank, may be forced to delay the biggest foreign acquisition in South Korea, undermining President Lee Myung Bak 's ... >> full story

Losses risk on volatile currencies - Daily Telegraph

Thousands of small and medium-sized businesses face the risk of sizeable losses on foreign exchange dealings as they have failed to protect themselves against currency movements in ... >> full story

TM Intl makes rollercoaster debut - Business Times Malaysia

SHARES of TM International Bhd, formerly the mobile-phone arm of Telekom Malaysia, made a rollercoaster debut today, leaping above its indicative price at the open before tumbling ... >> full story