Showing 21 - 30 of 56
Baht has biggest monthly drop since 2001
Published on 31/07/2015
» The baht dropped this month by the most in more than 14 years after the government cut forecasts for growth and exports, spurring outflows from Thai equities as the US prepares to raise interest rates.
The future is cashless
Asia focus, Published on 01/06/2015
» In a country still plagued by corruption, going cashless is one way to reduce risk. Indonesia's largest bank, Bank Mandiri, is setting an example by using technology to encourage people to use less cash for daily transactions.
Global funds aren’t buying year of happiness
Published on 23/05/2015
» Prime Minister Prayut Chan-o-cha pledged to return happiness to the country after seizing power a year ago. Foreign investors aren’t buying it.
Asian shares down as Wall St tumbles
Published on 07/05/2015
» HONG KONG — Asian shares fell Thursday after Wall Street dropped on weaker-than-expected US economic data and a warning from US Federal Reserve chair Janet Yellen that stock valuations were "quite high".
Asian bourses up on China stimulus speculation
Published on 04/05/2015
» HONG KONG — Asian markets gained ground Monday after a long holiday weekend, energised by a strong finish on Wall Street last week and gloomy Chinese economic data that heightened expectations for more stimulus measures.
Baht has biggest weekly loss
Published on 30/04/2015
» The baht dropped, capping its biggest weekly loss since 2013, as the Bank of Thailand eased curbs on fund outflows a day after unexpectedly cutting interest rates.
Asian stocks down after weak US data
Published on 30/04/2015
» HONG KONG — Most Asian stock markets sank Thursday after US growth data fell well short of forecasts, with the dollar around two-month lows against the euro as the chances of an interest rate hike in early summer faded.
Baht declines after rate cut
Published on 29/04/2015
» The baht extended losses and headed for its biggest decline in seven weeks after the Bank of Thailand unexpectedly cut interest rates for a second straight meeting.
BoT unexpectedly cuts key interest rate again
Bloomberg News, Published on 29/04/2015
» The Bank of Thailand unexpectedly cut its benchmark interest rate for a second straight meeting, just hours after the Finance Ministry lowered its economic growth forecast for this year.
Indonesia keeps interest rate unchanged
Published on 14/04/2015
» Indonesia’s central bank kept its main interest rate unchanged for a second month, refraining from easing policy as inflationary pressures reappear.