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Search Result for “currency”

Showing 1 - 10 of 17

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BUSINESS

One currency to link them all: the rise of the renminbi

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.

OPINION

The cashless society is just another creepy fantasy

News, Elaine Ou, Published on 21/10/2016

» It's fun to imagine a world without cash.

BUSINESS

Is another global crisis looming?

Business, Pathom Sangwongwanich, Published on 02/06/2016

» With a substantial amount of accumulated debt and banks becoming more vulnerable to loan delinquency, the global economic recovery remains in murky territory and another financial crisis cannot be ruled out, says an executive at an international investment management firm.

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WORLD

Making the connection

Asia focus, Published on 02/05/2016

» HONG KONG - As economic momentum continues to shift eastward, China is taking a greater role in global affairs through ambitious development projects intended to connect the region and strengthen economic cooperation with the rest of the world.

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BUSINESS

Standing out in the crowd

Asia focus, Tanyatorn Tongwaranan, Published on 28/09/2015

» Despite some panic on the ripple effects from the Chinese currency depreciation, the global luxury sector will remain unfazed driven by rising disposable incomes and continuing influx of Chinese outbound tourists, experts have suggested.

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WORLD

Asian shares end see-saw session mixed

Published on 26/08/2015

» HONG KONG — Asian shares closed mixed after a choppy session on Wednesday, with investors selling off Chinese stocks despite an interest rate cut, while other markets found their footing.

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BUSINESS

China slowdown threatens Thai exports

Business, Pathom Sangwongwanich, Published on 14/07/2015

» The Monetary Policy Committee (MPC) has cautioned that China's worse-than-expected economic slowdown could pose further downside risks to the already struggling Thai economy.

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BUSINESS

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.

BUSINESS

Asian shares slide after US, China data

Published on 02/02/2015

» HONG KONG - Shanghai stocks tumbled Monday after two gauges of Chinese manufacturing activity showed contraction in January, while some Asian markets were also hit by a sell-off on Wall Street.

BUSINESS

Asian stocks climb after China rate cut

Published on 24/11/2014

» HONG KONG — Asian markets rallied Monday after China's surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.