Showing 1 - 10 of 18
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.
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.
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
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.
Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
Investors eye Argentina talks, May's Brexit sales job
Business, Published on 01/12/2018
» Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.
Upbeat on growth assets
Business, Published on 30/11/2018
» Volatility in equity markets has come off its October highs but remains elevated. With the US midterm elections over, the focus is back on December meeting of the US Federal Reserve, the G20 summit and the fate of the Brexit deal as sources of market fluctuations.
Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
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.