Market News

    Yen slides as Europe braces for rate hikes

    SINGAPORE, June 8 (Reuters) - The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a European Central Bank meeting likely to leave Japan alone among peers in sticking to ultra-easy monetary policy.

    Bonds slide, yen dumped as interest rate hikes loom

    SINGAPORE, June 7 (Reuters) - Asia's stock markets edged lower on Tuesday, the yen hit a 20-year low and bond markets wavered as investors nervously awaited U.S. inflation figures and central bank meetings in Australia, Europe and, next week, in the United States.