Showing 1 - 10 of 10,000
Japan, Malaysia seal $3 billion currency swap deal
Published on 18/09/2020
» TOKYO: Japan and Malaysia sealed on Friday a mutual currency swap arrangement to allow each side to provide the other up to US$3 billion to prevent a financial crisis, the Japanese Finance Ministry said.
China's currency Catch-22
Asia focus, Published on 30/07/2018
» Officials at the People's Bank of China (PBOC) have long insisted that "China won't weaponise the renminbi". And yet, implicit in their promise not to manipulate the currency for strategic ends is their ability to do so if they so desire.
Thailand sidesteps currency storm
Business, Published on 07/09/2018
» The domestic economy looks safe and sound amid a wave of emerging-market turmoil, in stark contrast with 1997, when Thailand gave rise to an economic contagion that spread across Asia.
Facebook plans own currency
Associated Press, Published on 18/06/2019
» SAN FRANCISCO: Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, too.
Currency speculation pressures baht
Published on 21/10/2021
» Foreign investors have been heavily speculating on the baht, weakening the local currency.
Beware of currency storms
Business, Published on 29/06/2024
» The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signalling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.
China begins digital currency trial
Published on 10/10/2020
» SHANGHAI: China’s central bank is issuing 10 million yuan (US$1.5 million) worth of digital currency to 50,000 randomly selected consumers in the country’s first public test of a digital yuan payment system.
3 held over currency scam
News, Post Reporters, Published on 07/08/2018
» Three suspects have been arrested in connection with a foreign currency scam, in which more than 2,000 people have been allegedly conned out of more than 200 million baht.
Currency exchange tied to scams
News, Wassayos Ngamkham, Published on 18/06/2025
» The Cyber Crime Investigation Bureau (CCIB) has discovered a digital currency exchange firm in Cambodia with links to online gambling websites and scam networks.
Foreign currency deposit accounts skyrocket
Business, Somruedi Banchongduang, Published on 20/06/2025
» Foreign currency deposit (FCD) accounts have grown rapidly, driven primarily by individuals, especially younger depositors seeking higher returns.