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Search Result for “currency”

Showing 1 - 8 of 8

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GENERAL

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.

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GENERAL

G-7 central banks prepare first responses to US tariff chaos

Published on 13/04/2025

» The first Group of Seven monetary policy decisions since President Donald Trump’s trade war unleashed global market turmoil may prompt diverging responses from either side of the Atlantic.

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GENERAL

Thai baht’s gold-fuelled rally is now at risk, strategists say

Published on 11/03/2025

» Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to protect it as tariff risks and interest-rate cuts start to bite.

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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Biggest currency rout since 1997 puts Asia central banks in bind

Published on 29/06/2022

» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.

BUSINESS

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.

BUSINESS

China data pares stock losses

Published on 13/01/2015

» HONG KONG — Energy stocks took a hit in Asian trade Tuesday as oil prices fell towards six-year lows, with warnings of further volatility ahead, but some rare upbeat Chinese trade data boosted Hong Kong and Shanghai.

ADVANCED NEWS

Rapid capital market development in Asean

Jon Fernquest, Published on 09/05/2011

» Transparent capital markets stretch across ASEAN borders replacing the secrecy of banks, local-currency bond markets reducing risk of currency and maturity mismatch.