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Search Result for “exchange rates”

Showing 1 - 10 of 19

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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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WORLD

Korea adds 505 cases, deaths top 2,800: Virus update

Published on 27/02/2020

» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.

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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.

BUSINESS

Investors heartened by signals from Fed

Business, Published on 31/07/2017

» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.

BUSINESS

Fund outflows pull down Asian stocks, SET slides

Business, Published on 15/05/2017

» Recap: Most Asian stock markets dipped last week as US dollar strength led to capital outflows. The Thai stock market posted its fifth straight session of losses on Friday as brokers cut earnings growth forecasts for listed companies as the first-quarter earnings season drew to a close.

BUSINESS

Investors heartened as fed ends rate suspense

Business, Published on 20/03/2017

» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.

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BUSINESS

SET risks and rewards

Business, Darana Chudasri, Published on 23/01/2017

» The Stock Exchange of Thailand was one of Asia's best performers last year with a rally of almost 20%.

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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.

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BUSINESS

Prasarn: Let market forces drive baht

Business, Pathom Sangwongwanich, Published on 17/08/2015

» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.