Business
Singapore, Vietnam remain on US Treasury’s currency watch list; Thailand added
Report classifies city-state as an outlier as it is the only nation on the list running a bilateral trade deficit with America The…
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currency
Business
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation The US dollar still dominates global…
News
Two currency bets in Asia flash warning signs as year-end nears
Moves in precious metals have also contributed to swings in the region’s currencies Some of Asia’s strongest currency trends are starting…
Business
Olam Group says unit secures US$1.12 billion dual currency loan
OLAM Group said on Wednesday its unit olam food ingredients (ofi) had secured a multi-tranche dual currency term loan facility aggregating…
Business
Olam unit bags US$1.12 billion dual currency loan facility
It will be used to refinance ofi’s existing loans and for general corporate purposes Agribusiness conglomerate Olam Group said on…
Business
Indonesia’s vow to balance currency, growth may cushion rupiah
Heavy selling of Indonesian bonds since September has reduced US$4.6 billion of net bond inflows to a gain of merely US$20 million Bank…
Business
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee is currently Asia’s…
Business
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when…
Business
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In…
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Singdollar falls to its lowest against the ringgit this year, where will the Malaysian currency go next?
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar The Malaysian ringgit is on a roll this year.…
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Ringgit hits a high against the Singapore dollar this year: Where will Malaysia's currency go next?
Unit fuelled by strong investment inflows into Malaysia and encouraging follow-through on fiscal policies The Malaysian ringgit is on a…
Business
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics The longest US government…
Business
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director…
Business
Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun
It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say The Monetary Authority of Singapore…
Business
The benign truth hidden behind currency fears
Currencies of developed nations tend to even out in the long term; so their short-term volatility can be overlooked WHETHER a currency is…
Business
Vietnam equity outflows ease on currency rebound, growth hopes
Foreign outflows from Vietnam stocks are easing, helped by renewed strength in the country’s currency and lower valuations. Global funds…
Business
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Business
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has intervened to…
Business
Indonesian currency, stocks fall after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
Business
China's PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and…
Business
Thailand vows to curb baht swings as currency hits 4-year high
Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency…
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Taiwan’s life insurers see big drop in currency hedging costs
The Taiwan dollar’s recent weakness and the resulting return of carry trades are quickly driving down local life insurers’ hedging costs.…
Business
Malaysia’s currency rally not over yet as analysts eye rate cuts
Analysts are now focusing on the potential benefits of lower domestic rates, with currency sentiment further buoyed by government…
Business
Currency traders focus on Australian dollar and euro for bearish US dollar bets
Options traders are using currencies such as the Australian dollar and euro to express bearish US dollar views after recent disappointing…