China will resume trade of treasury bond futures from September 6.
The Shanghai Stock Exchange, the largest bourse in China by market capitalization, has defended its handling of a recent incident in which transaction sums were incorrectly inputted for Everbright Securities, misleading investors.
Nasdaq suspended trading of all stocks for about three hours Thursday because of technical problems.
Contrary to many's expectation, the latest intervention by the Central Bank of Syria (CBS) has succeeded in scaling down the exchange rate of the U.S. dollar against the Syrian pound by nearly 50 percent within a very short period of time. Yet, experts think that the measure is only temporary and the Syrian pound may soon depreciate again.
Eight years after China began exchange rate reform, the Chinese currency Renminbi (RMB), or the yuan, has advanced 34 percent against the U.S. dollar.
A year after China widened the daily trading limit of its currency, the yuan, experts are arguing whether it is time to further enlarge the band to make the exchange rate more market oriented.
The Bangko Sentral ng Pilipinas ( BSP), the country's central bank, relaxed its rules on foreign currency transactions Thursday in a bid to stem the appreciation of the Philippine peso against the U.S. dollar.
Myanmar will allow exchange of local currency Kyat with two more foreign currencies -- Chinese yuan and Thai baht -- at Myanmar banks and money exchange counters legally set up in the country, official media reported Thursday.
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