Showing 1 - 10 of 2,262
Japan has spent $62bn defending yen
Published on 31/05/2024
» Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen after it fell to a 34-year low against the US dollar, surpassing the amount it used in 2022 to defend the currency.
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
New finance minister a calming influence
Published on 29/05/2024
» SINGAPORE - Thailand’s new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support the country’s battered markets.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Thai AirAsia X optimistic after posting Q1 profit
Business, Molpasorn Shoowong, Published on 17/05/2024
» Thai AirAsia X expects to post a profit from carrying nearly 1 million passengers this year, driven by its Japan routes, after returning to profit in the first quarter.
Japan to destroy unused oral Covid drugs worth $1.9bn
Published on 11/05/2024
» TOKYO - The Japanese government is preparing to destroy about 300 billion yen (US$1.9 billion) worth of unused oral Covid-19 medications it purchased during the pandemic, an estimate based on government data showed on Saturday.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Carmakers flag difficult year on costs, muted EV demand
Bloomberg News, Published on 09/05/2024
» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.
Hong Kong's tourism industry still struggling to recover
Published on 07/05/2024
» HONG KONG: Hong Kong's tourism industry is still struggling to recover as the number of trips to the city over the Labour Day "golden week" holiday hit just two-thirds of pre-pandemic levels, the South China Morning Post can reveal.