Showing 1 - 10 of 115
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.
Singapore expected to ease currency settings on tariff risks
Bloomberg News, Published on 11/04/2025
» Singapore’s central bank is expected to ease monetary policy settings further, days after United States President Donald Trump unleashed the steepest tariffs in a century, threatening to disrupt global trade and sparking risk of retaliation.
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.
Trump tariffs won’t yet force rate cut, says Bank of Thailand
Bloomberg News, Published on 04/03/2025
» Thailand's central bank defended its monetary policy stance as "robust" enough to withstand volatility from United States President Donald Trump's latest tariffs on trading partners, signalling that it may refrain from further easing after last week’s surprise cut.
Philippines plans $3.5 billion in global bond sales
Bloomberg News, Published on 20/01/2025
» MANILA — The Philippines plans to sell US$3.5 billion in overseas debt this year, lower than last year, as heightened global uncertainties may prompt the government to borrow more domestically as rate cuts continue, according to its finance chief.
Riots' deja vu raises the stakes
News, Published on 04/07/2023
» A teenager killed by police in a Paris suburb. A wave of anger that morphs into widespread rioting and opportunistic looting. A tough law-and-order response followed by an appeal for unity and calm -- and a political call for action that fades over time.
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.
Economic outlooks diverging in second quarter
Business, Published on 24/04/2021
» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.
Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.