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Search Result for “peso”

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BUSINESS

Philippine peso falls to new record low

Bloomberg News, Published on 28/10/2025

» MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.

BUSINESS

Analyst urges narrower interest rate spread

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.

BUSINESS

Thai baht leads Asian currencies downward

Reuters, Published on 24/09/2025

» The Thai baht lost the most among subdued Asian currencies on Wednesday, as the dollar edged up in response to cautious remarks about further monetary easing by US Federal Reserve chief Jerome Powell.

BUSINESS

Analysts expect baht to test 32 as US dollar weakens further

Nareerat Wiriyapong, Published on 14/08/2025

» The baht could appreciate to test 32 to the US dollar or strengthen even further, as the greenback is set to weaken further amid mounting pressure on the Federal Reserve to cut the US interest rate at its September meeting, according to analysts.  

BUSINESS

Philippines seeks US talks after tariff raised to 20%

Bloomberg News, Published on 10/07/2025

» The Philippines will hold further negotiations with the United States after President Donald Trump increased the planned tariff rate to 20% from 17%, said Manila’s ambassador to the US.

BUSINESS

Asian stocks climb with focus on Mideast truce

Bloomberg News, Published on 25/06/2025

» TOKYO - Stocks in Asia edged higher as the Israel-Iran truce appeared to hold and Treasury traders ramped up bets for US interest rate cuts.

BUSINESS

Asian stocks soar on news of tariff pause

Reuters, Published on 10/04/2025

» Shares in Asian emerging markets including Thailand rallied by the most in more than two years on Thursday morning as traders snapped up beaten-down stocks after US President Donald Trump announced a 90-day pause on steep import tariffs against dozens of countries.

BUSINESS

Trump to impose new 25% tariffs on steel, aluminium

AFP, Published on 10/02/2025

» WASHINGTON - US President Donald Trump plans to slap 25 percent tariffs on steel and aluminium imports Monday, prompting threats of retaliation from Europe and a warning from China that there are no winners in a trade war.

BUSINESS

Trump says Americans may feel 'pain' in trade war

Reuters, Published on 03/02/2025

» WASHINGTON - President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global stock markets tumbled on concerns the levies will spark an economically damaging trade war.

BUSINESS

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.