Bloomberg The Taiwan dollar strengthened past 30 versus the greenback for the first time in 18 months. The currency rose as much as 0.6% to 29.965 per dollar on and closed at 30.106 in Taipei. The Taiwan dollar has climbed about 3.4% in the second half as the best performer among the world’s major currencies. Taiwan’s financial markets were expected ...

Bloomberg China’s central bank said it’ll keep monetary policy flexible and work to lower funding costs for businesses as the economy still faces strong headwinds. The People’s Bank of China (PBOC) will work to ensure the transmission of monetary policy and use market-focused reform mechanisms to lower the real interest rate for loans, according to a quarterly report. It will ...

Bloomberg The battered euro is finishing the year strongly and setting up the case for better performance next year. The common currency rose to its strongest level versus the dollar since August and cross-currency basis swaps — a measure of demand for funding purposes — climbed to the highest on record, Bloomberg Generic Prices show. While both moves mirrored a ...