BSP NEEDS TO BE ‘A LITTLE AGGRESSIVE’ IN RAISING RATES

The Philippine central bank must be a “little aggressive” in tightening policy to bring inflation down…

BANK OF THAILAND CLOSELY TRACKING THB & UNUSUAL CAPITAL OUTFLOWS

Thailand’s central bank said on Saturday (Oct 22) it was closely monitoring a volatile, weak baht…

YEN SLIDES TO 32-YEAR LOWS 

The yen tumbled past the key psychological level of 150 to the dollar on Thursday (Oct…

HIGHER US YIELDS CONTINUE TO WEIGH ON RINGGIT

The ringgit continued to weaken against the US dollar as demand for the greenback appreciated further…

SURGING DOLLAR CAUSES PAIN GLOBALLY

A surging US dollar is making local currencies weaker and contributing to skyrocketing prices of everyday…

RINGGIT ENDS LOWER AGAINST US DOLLAR, CLOSER TO ALL-TIME LOW

The ringgit extended last week’s downtrend to close lower against the US dollar today, nearing the…

STRONGER S$ LESS HELPFUL FOR EXPORTERS

Local steel processing and servicing firm Kawarin Enterprises has, in one respect, reaped the benefits of…

WHAT MAS TIGHTENING MEANS FOR INFLATION, INTEREST RATES AND THE S$

Not letting up the fight against inflation, Singapore’s central bank on Friday (Oct 14) tightened monetary…

US$50 BILLION SPENT TO DEFEND ASIAN CURRENCIES VS STRONG USD

Asian governments spent about $50 billion in foreign-exchange reserves last month — the highest level since…

STRONG USD HURTING EMERGING ECONOMIES

The dazzling rise of the US dollar, which has hit one record after another, is raising…