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Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu Dhabi Bank and Qatar National Bank – have joined the Hong Kong Monetary Authority’s (HKMA) expanded yuan liquidity facility, underscoring the city’s push as…
Xiaomi shares came under pressure after the smartphone maker said its co-founder and vice-chairman plans to sell up to US$2 billion worth of shares starting…
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World Economy
The world’s leading reserve currency appears set to record its weakest annual performance in more than a decade. The US Dollar Index (DXY), which measures the dollar against a basket of major currencies, fell by around 10 percent by the…
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu…
The world’s leading reserve currency appears set to record its weakest annual performance in more than…
A Chinese government report into the ecosystem of the contested Scarborough Shoal has concluded the reef…
Economist Intelligence
MUMBAI: The Indian rupee’s slide against the dollar has increased its allure for UBS Asset management ahead of a long-anticipated trade deal with the U.S., even as it remains neutral on Indian bonds. “We like the currency and feel it…
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Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu Dhabi Bank and Qatar National Bank – have…
The world’s leading reserve currency appears set to record its weakest annual performance in more than a decade. The US Dollar Index (DXY), which…
A Chinese government report into the ecosystem of the contested Scarborough Shoal has concluded the reef is in a good overall condition, but suggested…
The fresh prison sentence handed to disgraced former Malaysian prime minister Najib Razak has sharpened tensions inside Umno, with analysts warning the legal blow…