INDONESIA’S US$3.5B TRADE SURPLUS, ABOVE FORECAST

Indonesia booked a US$3.48 billion trade surplus last month, bigger than predicted, as exports and imports…

JAPAN TO TAKE ALL STEPS TO PREVENT YEN FROM FALLING

Japanese Finance Minister Shunichi Suzuki said that the government would take all possible steps necessary to…

GRAB POST FIRST ADJUSTED CORE PROFIT

Grab in early November 2023 reported an adjusted core profit for the third quarter, its first…

ASIAN POWER GENERATION TRANSITION TO CLEANER ENERGY BUT COAL REMAINS CENTRAL

SINGAPORE: Asia boosted clean electricity output and slashed its share of fossil fuels faster than North…

SINGAPORE INKS CROSS-BORDER PAYMENTS WITH INDONESIA & MALAYSIA

Singapore and Indonesia on Friday (Nov 17) announced the launch of a cross-border QR code payment…

BSP TO KEEP MONETARY POLICY TIGHT

MANILA: The Philippine central bank said on Tuesday (Dec 5) it was necessary to keep monetary…

CHINA MAKING GAINS ON INTERNATIONALISING RMB

It has been an extraordinary year for the renminbi. On the one hand, it has clearly…

GREEN BONDS HIT US$2.5T. GSS SURPASSES US$4T WORLDWIDE

By the end of Q3 2023, the Climate Bonds Initiative (Climate Bonds) had recorded cumulative volume…

ECB MIGHT CUTY RATES IN Q1

The European Central Bank is likely to cut interest rates next year, which could have far-reaching…

MYANMAR’S CENTRAL BANK TO EASE FX CONTROLS

Myanmar’s central bank will no longer set exchange rates for foreign currencies and will allow banks…