Showing 1 - 10 of 3,842
Fed signal could continue dollar's slide
Business, Nareerat Wiriyapong, Published on 07/05/2025
» The baht, which has appreciated to a seven-month high past 33 to the dollar, could strengthen further if the Federal Reserve sends a clear signal at its meeting this week that it is prepared to cut the US rate at its next meeting in June, says Kasikorn Research Center (K-Research).
Traders see gold hitting $3,800 an ounce
Published on 06/05/2025
» Gold prices are on track to hit $3,800 per ounce later this year amid mounting fears of a global economic slowdown, due partly to the unpredictable trade policies of US President Donald Trump, according to local traders.
‘Asian crisis in reverse’ as currencies soar against dollar
Published on 06/05/2025
» SINGAPORE - A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in US assets.
Asian currencies surge on weaker dollar, oil falls
Published on 05/05/2025
» Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output.
Vietnam keeps growth target at 8% despite tariff challenges
Published on 05/05/2025
» Vietnam’s prime minister said the nation’s economic growth target remains unchanged this year despite the many challenges it faces, as the threat of US tariffs creates uncertainty for exporters and businesses.
In Singapore’s election, a blow to the fledgling opposition
Published on 04/05/2025
» SINGAPORE — The last time Singapore held elections, it was in the throes of a global crisis. That’s also true today.
China ramps up global yuan push
News, Published on 03/05/2025
» As Chinese President Xi Jinping toured Southeast Asia last month to forge closer ties against higher US tariffs, the People's Bank of China (PBOC) was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.
Tariff uncertainty drives global food prices to 2-year high
Published on 02/05/2025
» Global food prices rose to a two-year high in April, a sign that tariff uncertainty is starting to put a squeeze on trade.
Trump's tariff trade war is no accident
Oped, Chartchai Parasuk, Published on 01/05/2025
» President Donald Trump's tariff policy has received numerous criticisms from various parties, including several Nobel Prize laureates, for being against the economic principles of free trade.
Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook
Published on 30/04/2025
» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.