James Regan

Won Rises Most in Three Weeks on Exporter Demand; Bonds Steady

The won rose the most in three weeks on speculation the currency’s slide to a four-week low prompted some South Korean exporters to convert overseas proceeds, while the yen retreated. Government bonds were unchanged.

RBI Buying $1 Billion a Month on Inflows Into Debt: India Credit

India is using a surge in inflows into local bonds and equities to rebuild its currency reserves, boosting its ability to avoid a junk debt rating.

India Rupee Snaps 3-Day Loss on Inflows After Inflation Slows

India’s rupee snapped a three-day decline after foreign investors pumped money into the nation’s assets as inflation eased to a 41-month low.

India’s Bond Yield Declines to 2009 Low on Rate-Cut Speculation

Indian bonds rose, pushing the 10- year yield to the lowest level since 2009, on speculation easing inflation will make room for the central bank to add to this year’s three interest-rate reductions.

China Overnight Repo Rate Gains a Ninth Day as PBOC Drains Funds

China’s overnight money-market rate rose for a ninth day, the longest stretch since March, as the central bank drained funds from the financial system.

Rupee Drops to 11-Week Low as Importers Boost Dollar Purchases

India’s rupee fell to an 11-week low on speculation importers stepped up dollar purchases to pay month-end bills.

Pimco Favors Brazil, Mexico Bonds as Yields Overtake U.S. Junk

Pacific Investment Management Co. is favoring local bonds in Brazil, Mexico and South Africa as emerging-market notes pay more than U.S. high-yield corporate debt for the first time in two years.

Won Erases Loss as South Korea Targets Volatility; Bonds Decline

The won recovered from a four-week low after South Korea said it will act to curb currency swings amid renewed regional tensions as North Korea fired missiles. Government bonds declined.

Vietnam Bond Yield Drops to Lowest Since 2007 on Funding Costs

Vietnam’s five-year bond yield fell to the lowest level since 2007 on speculation low funding costs are spurring demand for government securities. The dong dropped.

Taiwan Dollar Snaps Three-day Decline on Inflows; Bonds Decline

Taiwan’s dollar rose for the first time in four days as global funds added to their holdings of the island’s equities amid a government review on capital gains taxes. Bonds declined.

India

South Korea

China

Brazil

Death Toll Passes 90 After Oklahoma Tornado Hits Suburb

WTI Crude Slips From Seven-Week High Before U.S. Inventory Data

Yen Slips as Amari Backtracks While Europe Shares Decline

European Stocks Fall From 2008 High as Carnival Slides

Asia Stocks Fall From Five-Year High as ICBC Declines