Currencies

The Mexican peso has established a historic low against the dollar for a second consecutive day amid expectations of interest rate hikes in the United States.

The International Monetary Fund said it does not see a weak yen as problematic if Japan's monetary easing is aimed at domestic goals.

Hyundai Motor Co. and its affiliate Kia Motors Corp. are forecasting their weakest growth in car sales in more than a decade as competition intensifies and the global economy slows.

The Russian currency has ended its five-day rally and declined 4 percent as the markets remain jittery over the outlook of the Russian economy.

Despite a rate increase to 17%, the Russian currency hit record lows amid a perfect storm of low oil prices, looming recession, and Western Ukraine sanctions.

JPMorgan Chase says the Justice Department has opened a criminal investigation into its foreign exchange business.

Nestle, the world's biggest food and drink company, has reported a 3 percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs.

The British pound slipped sharply after an opinion poll showed that those advocating Scottish independence from the United Kingdom have gained ground, a little more than two weeks before the vote.

The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.

With the focus on the Winter Olympics in Sochi and the showcasing of President Vladimir   Putin’s reinvented Russia, perhaps it is time to ask the question: should you buy Russian debt?