Forex markets

Economy

Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may

A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is

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Finance

Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen

The U.S. dollar fell 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that

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Finance

China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

Renminbi notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, Jan. 26, 2023. Athit Perawongmetha | Reuters

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