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Search Result for “currency”

Showing 1 - 10 of 26

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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

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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BUSINESS

Frontier markets fret

Asia focus, Published on 20/06/2022

» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

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BUSINESS

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.

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BUSINESS

The right way to finance disaster recovery

Asia focus, Published on 11/11/2019

» In mid-October, as Japan was being battered by Typhoon Hagibis -- the most powerful typhoon to hit the country in six decades -- it was also shaken by a magnitude 5.7 earthquake. As climate change progresses, Japan, like the rest of the world, will face increasingly frequent and severe natural disasters, necessitating costly recovery efforts. Tax increases are not the way to pay for them.

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BUSINESS

'Sleeping elephant' awakens

Asia focus, Narendra Kaushik, Published on 20/08/2018

» Umesh Thakur says he has never had it so easy and comfortable. The 30-year-old lentil vendor in Greater Noida, 40 kilometres east of New Delhi, has more than doubled his profits, built a new house, opened a new shop and bought furniture, a deep-freezer and two high-end mobile phones in the last six months.

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BUSINESS

Myanamar reforms gather pace

Asia focus, Larry Jagan, Published on 09/04/2018

» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.

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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

Weak China outlook keeps shares on back foot

Business, Published on 07/09/2015

» Recap: Downbeat factory activity data in China cast a dark cloud over global stock markets as investors' concerns over the world's economic health mounted. However, economic stimulus measures to help low-income earners and SMEs shielded the Thai bourse.