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Search Result for “currency”

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BUSINESS

Thailand avoids US ‘currency manipulator’ tag

Bloomberg, Published on 14/01/2020

» SINGAPORE: Thailand was not included on the latest watch list of “currency manipulators” issued by the US Treasury.

WORLD

China trade surplus with US dropped 8.5% to $296 bn in 2019

AFP, Published on 14/01/2020

» BEIJING - China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, data showed Tuesday, just as the two prepare to sign a deal dialling down tensions.

BUSINESS

Central bank says ‘strong medicine’ to curb baht is last resort

Bloomberg News, Published on 14/01/2020

» Thailand's central bank is still concerned about the strength of the baht and is ready to take further action if necessary, a deputy central bank governor said on Tuesday.

BUSINESS

US Treasury removes currency manipulator label on China

AFP, Published on 14/01/2020

» WASHINGTON: The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.

BUSINESS

Sovereign wealth fund mowed down

Business, Wichit Chantanusornsiri, Published on 14/01/2020

» Finance Minister Uttama Savanayana has ruled out the private sector's request that policymakers to set up a sovereign wealth fund to curb the baht's strength.

BUSINESS

Cryptocurrencies and the job market

Business, Jirayut Srupsrisopa, Published on 14/01/2020

» Cryptocurrencies have clearly become an emerging trend despite episodes of volatility in recent years. With Facebook hoping to launch its Libra project this year, as well as more supportive attitudes by some governments, the industry is gradually approaching a turning point.