Yen tumbles amid BOJ stimulus speculation

Note: This section contains information in English only.
Source: Bloomberg
The Yen slid to a four-month low on Thursday after the Nikkei newspaper said that the Bank of Japan will consider expanding its asset-buying program by $125 billion at its meeting at the end of October. The Yen traded at 80.08 per U.S. Dollar, 0.3% down from the previous session, after touching 80.11, the weakest since June 25. It also declined 0.4% to 104 per Euro.
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Thu, 25 Oct 2012 07:29:42 GMT

New Zealand holds interest rates at 2.5%

On Thursday, Graeme Wheeler, a new chief of the New Zealand's central bank, announced that the bank would maintain its benchmark interest at a record low of 2.5%, as strong currency hurts the country's exports, which are accounted for about 30% of GDP. The decision was in compliance with economists' expectations.

Thu, 25 Oct 2012 07:23:46 GMT

Oil slides as U.S. stockpiles rise

Oil in New York was near a 3-month low on Thursday as U.S. inventories increased more than expected and fuel demand tumbled. December-delivery oil rose 32 cents to trade at $86.05 per barrel in New York. Same month Brent crude added 27 cents to $108.12 per barrel in London, trading at premium of $22.05 to West Texas Intermediate grade, compared

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