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Search Result for “currency”

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WORLD

Global alarm rises as China's critical mineral export curbs take hold

Reuters, Published on 04/06/2025

» WASHINGTON - Alarm over China's stranglehold on critical minerals grew on Tuesday as global automakers joined their US counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a quick solution.

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GENERAL

Taliban in talks with Russia, China for trade transactions in local currencies

Reuters, Published on 23/05/2025

» KABUL — The Taliban administration is in advanced talks with Russia for banks from both sanctions-hit economies to settle trade transactions worth hundreds of millions of dollars in their local currencies, Afghanistan's acting commerce minister said.

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GENERAL

Thai business group cuts GDP forecast over tariffs impact

Reuters, Published on 07/05/2025

» Thailand's economy is expected to grow by between 2.0% and 2.2% this year, down from a previous forecast of 2.4% to 2.9% growth due to the impact of tariffs imposed by the United States, a leading joint business group said on Wednesday.

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GENERAL

FACTBOX - Measures being taken by Asian policymakers as market rout deepens

Reuters, Published on 08/04/2025

» HONG KONG  - Policymakers across Asia are preparing measures to support financial markets as a rout deepened following sweeping tariffs announced by U.S. President Donald Trump that stoked widespread recession worries. Here are some of the announcements so far: 

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GENERAL

China stocks, yuan tumble as Trump unveils bigger tariffs

Reuters, Published on 03/04/2025

» HONG KONG: China's yuan dropped to its lowest levels in seven weeks and stock markets slumped on Thursday after US President Donald Trump unveiled a sweeping set of reciprocal tariffs that were particularly heavy on China and its main trading partners.

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GENERAL

Citigroup mistakenly credits customer account $81 trillion

Reuters, Published on 28/02/2025

» BENGALURU — Citigroup erroneously credited US$81 trillion, instead of $280, to a customer's account and took hours to reverse the transaction, a "near miss" that shows up the bank's operational issues it has sought to fix, the Financial Times (FT) reported on Friday.

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WORLD

Trump's trade war salvo rocks markets

Reuters, Published on 03/02/2025

» SINGAPORE - Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners.

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GENERAL

Central bank will ensure baht is not too volatile

Reuters, Published on 19/12/2024

» The Bank of Thailand (BoT) is closely monitoring the baht and will ensure the currency is not too volatile, an assistant governor said on Thursday.

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GENERAL

Central bank will ensure baht is not too volatile

Reuters, Published on 19/12/2024

» The Bank of Thailand (BoT) is closely monitoring the baht and will ensure the currency is not too volatile, an assistant governor said on Thursday.

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PROPERTY

Conflict in Myanmar sparks surge in Thai property purchases

Reuters, Published on 20/11/2024

» Buyers from Myanmar have been snapping up condominiums in Bangkok and other parts of Thailand, providing a bright spark for the kingdom's sluggish real-estate market, as they look to move money out of an economy battered by civil war.