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Yen Pressured by Weak Fundamentals
The Japanese yen hovered around 159.4 per dollar on Friday, struggling to build on the gains achieved after last month’s joint intervention by Tokyo and Washington, as persistent structural weaknesses......
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Aussie Eyes Longest Weekly Run Since 2010
The Australian dollar traded around $0.72, hovering near a fifteen-week high and on track for a ninth straight weekly gain, its longest winning streak since 2010, as markets intensified bets......
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Gasoline Hovers Near 5-Week High
US gasoline futures hovered around $3.38 per gallon, close to a five-week high, as supply concerns deepened amid escalating geopolitical risks. Diplomatic efforts between Washington and Tehran remained stalled after......
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South Korean Shares Snap 3-Day Rally
The benchmark KOSPI fell more than 1% to around 6,840 on Friday, breaking a three-session winning streak, as investors stayed cautious ahead of Federal Reserve Chair Kevin Warsh’s speech......
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Dollar Holds Steady Ahead of Warsh Speech
The dollar index was little changed around 99.1 on Friday as investors awaited Federal Reserve Chair Kevin Warsh’s speech at the annual Jackson Hole symposium later in the global......
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Australian Equities Set for Modest Weekly Rise
Australian shares rose 32 points, or 0.4%, to 9,070 in early Friday trade, breaking a two-session losing streak and mirroring Wall Street’s rebound ahead of Fed Chair Kevin Warsh’s debut......
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Philippines Imports Growth at 4-Month Low
Philippine imports increased by 19.8% year-on-year to USD 14.1 billion in July 2026, slowing from an upwardly revised 25% growth in June and marking the weakest expansion since March......
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Philippines Trade Gap Widens in July
The Philippines’ trade deficit widened to USD 6.0 billion in July 2026, up from USD 4.4 billion in the same month a year earlier. Imports rose by 19.8% year-on-year......
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Philippine Exports Growth Slows in July
Philippine exports rose by 10.8% year-on-year to USD 8.1 billion in July 2026, easing from a sharply upwardly revised and one-year high 25% expansion in June. The moderation in growth......
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Philippines Producer Inflation Steady at 3% in July
Producer prices for Philippine manufacturing rose 3.0% year-on-year in July 2026, unchanged from June’s pace. The main driver was higher prices for coke and refined petroleum products, which accelerated......