March FX volumes rise 13 pct from month ago

Daily foreign exchange volumes on currency platforms run by Thomson Reuters rose to $402 billion last month from $355 billion in February, the company said in a statement on Tuesday. The data from Thomson Reuters also showed average spot daily volumes in March rose to $132 billion, from $114 billion in February, a tad lower…

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Asia-Pacific Exclusive

EXCLUSIVE: * China’s Ministry of Commerce denied that the country is losing foreign direct investment on a large scale, responding to some reports by foreign media, Shanghai Daily reported, citing ministry spokesman Shen Danyang. Instead, FDI grew 2.2% year over year in March. * Credit Suisse Group AG appointed George Chow and Zeth Hung to the…

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