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  • NEWS

    Ringgit slumps most in Asia

    Published on 26/08/2015

    » Malaysia’s ringgit sank to a 17-year low on Wednesday as concern about the finances of a state investment firm at the heart of a political scandal worsened the outlook for an economy rocked by plunging oil prices and an emerging-market selloff.

  • NEWS

    Bitten by the bitcoin bug

    Spectrum, Published on 19/03/2017

    » Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.

  • OPINION

    An 'uber' opportunity

    News, Postbag, Published on 13/03/2017

    » Re: "Dept plans Uber meeting over legality" (BP, March 11).

  • BUSINESS

    Equities wobble, Oil and gold slump as fed move draws near

    Business, Published on 13/03/2017

    » Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.

  • BUSINESS

    Engineering the future

    Asia focus, Pathom Sangwongwanich, Published on 20/02/2017

    » Adjusting to the uncertainty of China's "new normal" phase coinciding with an economic slowdown is an uphill task for business leaders, but Zhang Jianguo believes he is plotting the right course. The vice-president of China Machinery Engineering Corporation (CMEC) is pursuing a strategy to promote long-term, sustainable growth by investing overseas and embracing technological change.

  • OPINION

    Time to adopt the Buffett proposal

    News, Published on 19/01/2017

    » President-elect Trump's criticism of our trading relationship with China, has produced predictable reactions. Economists warn against "protectionism" and the dangers of trade wars. Alarmed diplomats remind us of the American interest in maintaining good relations with China to deal with such matters as North Korea's threatening behaviour.

  • NEWS

    Zero hour: Indonesia debates rupiah redenomination

    Asia focus, Published on 09/01/2017

    » What would eliminating three zeroes from Indonesian rupiah banknotes mean to people? For many, it would make calculation a lot simpler. It would also change perceptions of what things really cost.

  • BUSINESS

    One currency to link them all: the rise of the renminbi

    Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

    » International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.

  • BUSINESS

    Asian shares drift lower in thin Pre-Holiday trade

    Business, Published on 26/12/2016

    » Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.

  • BUSINESS

    Several US rate rises likely next year, says bond guru

    Business, Published on 19/12/2016

    » The US Federal Reserve could jack up interest rates up to four times next year and the rate rises are likely to continue to pressure capital outflows in emerging markets, according to a bond guru.

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