Taiwan dollar leads Asia FX losses on equity outflows, bond buying

The Taiwan dollar led Asian currency declines on Friday, logging a seventh straight session of losses and slipping to a more than three-month low, as foreign investors sold local stocks and the island's residents bought overseas bonds. The Taiwan dollar weakened 0.6% to 30.682 per U.S. dollar and is on track for its worst weekly percentage...

Ringgit stages rebound to close firmer vs US dollar

KUALA LUMPUR: The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said. At 6 pm, the local note rose by 125 basis points to 4.4715/4780 against the greenback compared with yesterday’s...