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Search Result for “pesos”

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GENERAL

KKP wary on baht outlook despite uptick

Business, Published on 07/06/2024

» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.

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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

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BUSINESS

Year of turbulence

Asia focus, Published on 31/12/2018

» Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.

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BUSINESS

Several US rate rises likely next year, says bond guru

Business, Published on 19/12/2016

» The US Federal Reserve could jack up interest rates up to four times next year and the rate rises are likely to continue to pressure capital outflows in emerging markets, according to a bond guru.

BUSINESS

Baht rallies on inflows, current account

Bloomberg News, Published on 02/02/2015

» The baht climbed the most in two weeks after foreign funds pumped money into local stocks and the nation posted a record current-account surplus.

BUSINESS

Taking stock in Manila

Asia focus, Published on 12/01/2015

» The spacious room where I was scheduled to meet my distinguished visitor from the Philippines was packed with conference delegates gathered for light refreshments during a coffee break. Among that busy crowd, a calm, earnest man in a pinstriped charcoal suit smiled brightly when we were introduced.

BUSINESS

Asian shares gain as tensions ease

AFP, Published on 12/08/2014

» Asian shares closed mostly higher Tuesday, tracking rallies on Wall Street and in Europe as easing geopolitical tensions lifted investor confidence.

WORLD

Philippines growth hits 7.5%

AFP, Published on 29/08/2013

» MANILA - The Philippines economy expanded 7.5% in the April-June quarter, the government said Thursday, as higher public and consumer spending helped it defy an Asian slowdown.

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THAILAND

Rice eating hole in budget, swells bank spread

Published on 16/08/2013

» The rising burden of the rice-buying programme has undermined demand for bonds issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC).

ADVANCED NEWS

How to control a rising baht?

Jon Fernquest, Published on 12/04/2013

» With the US, Japan & Europe all pumping money into their economies, the baht is rising & exports getting more expensive & less competitive, but what can be done?