asia

Asian currencies rose, led by the Indonesian rupiah and South Korea’s won, as optimism a global recession is easing bolstered demand for emerging-market assets. Seven out of the region’s 10 most-traded currencies outside of Japan climbed and stocks rallied after the Federal Reserve said the...

Asian currencies headed for the first monthly gain since December as stocks rallied on optimism government stimulus spending will help revive regional economies and draw investors back to emerging markets. The Bloomberg-JPMorgan Asia Dollar Index, which tracks the 10 most-active currencies...

Asian currencies climbed, led by the Korean won, as speculation U.S. bank finances are improving helped counter concern about a deepening global recession. The won rose for a fourth day, the longest winning streak this year, after Citigroup Inc. said it was having its best quarter since 2007...

South Korea’s won and Malaysia’s ringgit strengthened as speculation a U.S. economic stimulus plan will be approved helped damp risk aversion. Currencies and shares in most Asian markets open for trading advanced after U.S. President Barack Obama lobbied lawmakers yesterday to win support for...

Asian currencies advanced, led by South Korea’s won and Indonesia’s rupiah, as a surge in regional stocks this month added to speculation investors are returning to emerging markets. Eight of the 10 most-active Asian currencies outside Japan gained as U.S. interest rates as low as zero may...