India has been exemplary in publishing its foreign exchange market intervention, the US Treasury Department said on Friday.
The US Treasury Department would most likely run out of cash before the end of December if Congress fails to raise the debt limit, the nonpartisan Congressional Budget Office has said
Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months
Emerging markets stocks fell 0.18%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.31 points or 0.2%
Oil prices were largely steady as investors questioned the effectiveness of a U.S.-led release of oil from strategic reserves
The Treasury market has seen unusually large price swings as liquidity dried up
Yields on the US two-year Treasury note jumped to their highest level in more than 18 months
HONG KONG (Reuters) - Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs.
The benchmark 30-year yield jumped to 2.12% in early Tokyo trade, extending its advance from last month's low of 1.81%
Bonds from the two countries are already leading gains in emerging Asia this quarter, offering 3%-5% returns to dollar-based investors
Holdings of the SPDR Gold Trust fell 0.3 per cent to 990.32 on Monday
The euro was down 0.1% versus the dollar at $1.1686.
The yen was little changed at 110.985 per dollar, not far from Monday's low of 111.07, a level not seen since July 5.
The calls are the latest sign of mounting pressure on the US government to avert a potential crisis if it's no longer able to borrow money to pay its bills
The staffing shortfall has left Yellen's team frustrated with over-stretched portfolios, hurting morale as work to develop and enact policies becomes more difficult
Yellen has campaigned for congressional action and has warned that the Treasury would probably reach the borrowing limit sometime next month.
Both indices added nearly 9 per cent each in August, their best monthly showing since November
Afghanistan is in dire need of funds, but nothing of consequence happens at lending institutions like the IMF without US approval.
The amount of cash investors are parking at a major Federal Reserve facility surged above $1 trillion once again amid an overabundance of US dollars
The dollar also scaled a four-month high versus the euro as investors looked ahead to U.S. inflation numbers on Wednesday