Safe haven yen falls on expectations of China stimulus
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE safe-haven yen fell on Tuesday on relief that China's fourth-quarter economic growth had matched forecasts and as expectations of further monetary easing there boosted risk appetite.
China's GDP grew 6.8 per cent in October to December from a year earlier - as forecast, but the weakest quarterly growth since 2009 - while industrial output and retail sales in December slightly missed forecasts.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
