Currency hedging by fund managers in the United States and Canada has risen to 94% - its highest level in at least four years - against a backdrop of heightened geopolitical uncertainty, a survey by FX and cash management solutions firm MillTech shows.
Chinese Foreign Minister Wang Yi will visit South Korea from August 19 to 20, South Korea's Foreign Ministry said on Tuesday, marking his first official trip to the country in five years.
An earthquake of magnitude 6.1 struck off Indonesia's Sumatra island on Tuesday at a depth of 29 km (18 miles), the country's geophysics agency said.