currency
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Asia
Indonesia plans Bill to redenominate rupiah, potentially slashing zeros from currency
JAKARTA: Indonesia’s finance ministry said it is planning a new Bill to redenominate the rupiah in an effort to improve…
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Asia
Commentary: A strong baht is putting Thailand in a tight spot
OFFICIALS SHOULD RECOGNISE THEIR LIMITS Urging the state to ride to the rescue can only achieve so much. But it…
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Asia
US agrees South Korea not a currency manipulator, Seoul says
SEOUL: The United States has agreed that South Korea is not manipulating its currency for trade advantage, a spokesperson for…
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Asia
Commentary: A Mar-a-Lago accord could benefit China
The Trump administration’s chief complaint is that permanent demand for dollars keeps the currency strong, even when the US Federal…
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Asia
Commentary: Weak rupiah could benefit Indonesia in Trump’s trade war
RELATIVELY MUTED REGIONAL IMPACT On a positive note, the economic situation today is much brighter than the dark days of…
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News
Ukraine considers move to euro from dollar amid geopolitical shifts
Meanwhile, Ukraine struck an agreement that gives the United States preferential access to new Ukrainian mineral deals and which funds investment…
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United Kingdom
BoE delivers ‘dovish hold’ as growth stalls, trade risks rise
The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist…
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News
Huge payout expected for a rare coin bought by US farm family and hidden for decades
The sisters from Ohio who inherited one of those two dimes after the recent death of their brother want to…
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Asia
What would Japanese intervention to boost a weak yen look like?
WHAT HAPPENS FIRST? When Japanese authorities escalate their verbal warnings to say they “stand ready to act decisively” against speculative…
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Asia
Adopt ‘Malaysia First’ attitude to strengthen ringgit, says country’s finance ministry
KUALA LUMPUR: The Malaysian government urges all parties to work together and take a whole-of-nation approach to strengthen the value…
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