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Thailand: Baht heads south as investors target gold

The baht opened at 33.14 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.11. The Thai currency is likely to move between 33.00 and 33.20 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might fluctuate as foreign investors decreased their possession […]

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Philippines: Hog inventory remains down

MANILA, Philippines — The country’s hog inventory remained on a downward trend at the start of October as production further declined in the third quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the country’s swine inventory stood at 9.87 million heads as of Oct. 1, down by 12.4 percent from […]

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