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Daily Market Report
for 4/05/2015
03 May 2015 20:37Investing.com
CPC, Formosa raise fuel prices by NT$0.2 per liter
04 May 2015 03:56 Taipei Times
The NT$0.329 appreciation of the New Taiwan dollar against the US dollar helped cut some crude oil import costs, and CPC raised domestic fuel prices by 1.49 percent, the company said.  more...
Fiji Muslim League assists Vanuatu Pam victims
04 May 2015 12:11 The Jet Newspaper
The Fiji Muslim League has donated wide range of food, housing, school materials, roofing materials, water containers, mosquito nets, canned food, rice cooking pots sugar, salt, breakfast biscuits and more valued at $38,147.50 Fijian dollar or an ...  more...
ASIC investigating multiple spikes in Aussie dollar prior to Reserve Bank ...
04 May 2015 15:11 NEWS.com.au
On April 7, ASIC announced it would investigate dollar spikes in the minutes preceding the March and April rates decisions as well.  more...
dollar down as commodities lose ground
04 May 2015 08:48 The Australian
The Australian dollar is lower following falls in commodity prices at the end of last week. At 56.30am (AEST), the local unit was trading at US78.29 cents, down from US78.75 cents on Friday.  more...
IMF to Brighten View of China's Yuan
04 May 2015 12:00 Wall Street Journal
The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, a milestone in the country's efforts to open its economy that would blunt U.S.  more...
Asian shares falter, Australian dollar hit on soft China PMI
04 May 2015 15:56 Hindu Business Line
Asian share markets stumbled on Monday and the Australian dollar took a hit after disappointing news on Chinese manufacturing underlined the need for further policy stimulus in the world's second biggest economy.  more...
Hong Kong's Exchange Fund says net income rises in Q1 as forex losses offset ...
04 May 2015 15:33 South China Morning Post (subscription)
The HKMA manages the HK$3 trillion fund that is used to defend the Hong Kong dollar. It invests the fund, which includes the government's fiscal reserves and other assets, in stocks, bonds, property and currencies.  more...
U.A.E.'s RAK Hospitality Gets 880 Million-Dirham Loan to Expand
04 May 2015 01:30 Bloomberg
RAK Hospitality Holding LLC raised 880 million dirhams ($240 million) from a loan to fund expansion and repay debt. The government-run owner of hotel assets in the United Arab Emirates got the eight-year loan from Dubai-based Mashreqbank PSC and ...  more...
Australian dollar on defensive ahead of RBA policy meet
04 May 2015 16:52 Hindu Business Line
The Australian dollar slipped on Monday, dented by speculation the Reserve Bank of Australia may cut interest rates on Tuesday, while the US dollar held steady in a respite from its recent sell-off.  more...
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