surprise

The U.S. dollar held near two-month highs against a basket of major currencies early in Asia on Monday. more...

The euro struggled in early Asian trade after the European Central Bank's surprise interest rate cut sent the single currency plunging to near eight-week lows. more...

The dollar drifted off a seven-month low against a basket of major currencies on Friday. more...

Turkey's central bank raised its overnight lending rate by 50 basis points in a bid to prevent a slide in the lira. more...

Indonesia's central bank unexpectedly cut its benchmark policy rate on Tuesday, the first such move by a G20 economy after Brazil, as it seeks to stimulate domestic demand as global growth slows. more...

"The sell-off in Chinese banking stocks is not too surprising in the sense that most of the news recently has been either neutral or negative on the banks," Phillip Chan, director at Shenyin Wanguo Securities, told CNBC. more...

"The environment for food retailing is pretty good in Australia at the moment. We are attracting around two million more customers into our stores every week," Richard Goyder, chief executive at Wesfarmers, told CNBC. more...

South Korea's central bank on Friday raised its policy rate by a quarter point after holding it steady for the past two months, going against market expectations for no change and despite signs of a slowing economy and risks from the euro zone. more...