Tom Westbrook

The yen touched a three-month low on Monday as Japan's ruling coalition lost its parliamentary majority and investors figured that would likely slow future interest rate hikes, while the dollar headed for a monthly gain on rising U.S. yields.

The yen sank to a three-month low on Monday as investors figured the loss of a parliamentary majority for Japan's ruling coalition in weekend elections would slow future rate rises, while the dollar headed for a monthly gain on rising U.S. yields. A period of wrangling to secure a coalition is now likely after the Liberal Democratic Party and its junior partner Komeito won 215 lower house seats to fall short of the 233 majority. Japan has already had four different prime ministers in a little over four years and instability was expected to breed caution at the central bank, which meets to set rates this week.

Estimated read time: Less than a minute SINGAPORE — Bitcoin surged to a record high in Asian trade as investors leaned toward Donald Trump winning the U.S. presidential election.

Tom Westbrook and Samuel Shen 4 min read By Tom Westbrook and Samuel Shen

China's top legislative body, the standing committee of the National People's Congress (NPC), did as was expected, approving bills to allow local governments to allocate 10 trillion yuan ($1.40 trillion) towards reducing off-balance sheet, or "hidden", debt.

By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump presidency were disappointed on Friday.

World's biggest cryptocurrency is one of the most eye-catching movers since the US election

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The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class.

The global crypto currency market ‘s value has topped $3 trillion as the election of Donald Trump as US president spurred bets that friendlier US regulation could usher in a new boom for all corners of the asset class.