Asia's currencies to climb for third straight week

Note: This section contains information in English only.
Source: Bloomberg
Asian currencies were set for a third consecutive weekly advance, led by South Korean Won, as worldwide funds raised holdings of the regional assets on worries about U.S. interest rate increase. The Bloomberg-JPMorgan Asia Dollar Index, added 0.2% weekly to 115.71 at 11:22 a.m. Hong Kong time. The Won rose 1.7% to 1,036.25 per Dollar, while Malaysia's Ringgit added 1.4% to 3.2362.
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Fri, 11 Apr 2014 14:45:03 GMT

JPMorgan profit declines on lower revenues

JPMorgan Chase & Co, the largest bank in the United States, posted a significant 19% decrease in its quarterly profit for the first three months on this year, while income from mortgages and fixed-income trading dropped. Net profit reached $5.27 billion, down from $6.53 billion a year ago. Today, JPMorgan Chase & Co shares decline 3.5% to $55.41 per share

Fri, 11 Apr 2014 09:05:07 GMT

Asian shares drop as Topix has worst week since June

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