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Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
Reckless development sows seeds of disaster
News, Paritta Wangkiat, Published on 09/08/2018
» As monsoon rains have struck the Mekong region recently, some countries have been hit hard by flooding. These disasters reflect the fact that the region's development projects have not fully recognised climate change impacts and so lack plans to deal with them.