KUALA LUMPUR: The ringgit was lower against a rejuvenated US dollar early Friday, said a dealer. At 9.23 am(0123gmt) Friday, the ringgit was quoted at 4.4220/4260 against the dollar from 4.4190/4220 at 6pm on Thursday. The greenback rose on a combination of technical trading and strong first quarter US Gross Domestic Product data. “The 4.42 […]
Read MoreJAKARTA: Indonesia’s rupiah may reverse gains that made it emerging Asia’s top performer in 2016 as some of the currency’s key supports risk turning into Achilles heels. President Joko Widodo’s economic reforms have underpinned the rupiah’s advance as have the highest Asian bond yields after Pakistan, which make its debt a favourite among foreign investors. […]
Read MoreSINGAPORE: Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals. Singapore Exchange Ltd, which runs South-East Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with […]
Read MoreKasikorn Research Center (K-Research) is keeping its forecast for Thai economic growth at 3.3% this year, even as the Bank of Thailand raised its projection to 3.4% earlier this week. Economic growth in the second half is expected to expand at a faster pace than the first half as state investment in big-ticket infrastructure projects […]
Read More“Bliss was it in that dawn to be alive,” wrote William Wordsworth of the terrors of the French Revolution. The sentiment was not much different a year ago in Myanmar, where many were anxious about the transition, which was less tumultuous than one might anticipate. But the new government has yet to deliver effective changes. […]
Read MoreHanoi (VNA) – The Ministry of Industry and Trade (MoIT) on March 29 released the Vietnam Import-Export Report 2016 that gives an overall and systematic assessment of the country’s external trade in the past year. The report also presents the figures for each specific group of commodities and each market, along with the situation of […]
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