HONG KONG (Reuters) – Asia’s factories made a strong start in 2018, with manufacturing activity in many countries gaining momentum and hitting multi-year highs as global demand for hi-tech products remained strong. Business surveys in Europe and the US were also expected to show solid factory activity, reinforcing expectations of another year of synchronised global […]
Read MoreSINGAPORE: Asian currencies are cheap in historical trade-weighted terms despite a steady rise to multi-year highs over the past year on broad U.S. dollar weakness and strong flows into the region, analysts say. Malaysia’s ringgit, for instance, has appreciated more than 15 percent against the dollar since the beginning of 2017, but in real effective […]
Read MoreBENGALURU: Most Asian currencies fell on Tuesday as a rise in bond yields prompted a slight recovery in the dollar, while market participants awaited clues on U.S. fiscal policy from a two-day Federal Reserve meeting. U.S Treasury yields surged to more than three-year highs on Monday, bolstering the dollar’s yield attraction, which triggered a shift […]
Read MoreMajor Asean tourism associations have called for new strategies and greater cooperation to strengthen the industry. The Federation of Asean Travel Associations (Fata) is calling on the EU to offer visa-free travel to Asean citizens, reciprocating the courtesy Europeans receive from Asean countries. The Asean Tourism Association (Aseanta) has further urged tourism stakeholders to work […]
Read MoreAsean is at growing risk of cyber-attacks, which could expose the region’s top-listed firms to a US$750 billion (23.9 trillion baht) erosion in current market capitalisation, according to research conducted by global management consulting firm A.T. Kearney, commissioned by Cisco. Gareth Pereira, A.T. Kearney principal of media and technology practice, said the growing strategic relevance […]
Read MoreTOKYO, Jan 24: Top negotiators from the 11 Trans-Pacific Partnership member economies have agreed to sign a free trade deal dubbed TPP 11 without the United States in the Chilean capital of Santiago on March 8, Japan’s Jiji Press reported. The agreement to hold the signing ceremony came during their two-day talks that ended in Tokyo […]
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Thailand
