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Thai GDP could give baht rally further boost

SINGAPORE: The baht is looking to repeat its performance as one of Asia’s best currencies last year. Today’s growth data will shed light on a key pillar of its recent strength and may help it stay in pole position at least through the first quarter.

BI mulls accumulating global sukuk as syariah buffer

JAKARTA: Bank Indonesia (BI) is weighing the use of sukuk issued by other countries in its monetary operations as demand for syariah-compliant securities surge among lenders in the world’s largest Muslim-majority country.

India’s sleepwalking to trouble on builder debt

Five months. That’s how long it takes Country Garden Holdings Co to start selling apartments after acquiring land. A spate of fatal accidents forced the Chinese builder to slow things down a notch last year, but the pace of construction may pick up again when robots start plastering the walls.

Aussie Lendlease seeks more projects in M'sia

PETALING JAYA: Australian-listed Lendlease, which is participating in a RM9bil mixed integrated development at the Tun Razak Exchange (TRX) project in Kuala Lumpur, is in talks with several developers to jointly develop other large-scale projects in the country.

Lendlease Malaysia chairman Dinesh Nambiar(pic) said with financing for the TRX project now secured, the group could focus on other developments.  “We’ve had a number of approaches from developers with sites which we are evaluating,” he said

Fed policymakers see one US rate hike, or none, as growth slows

BIRMINGHAM, Ala./SAN FRANCISCO: When the Federal Reserve last month adopted a new "patient" approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.

If that view is widely held, the Fed's March forecasts could show a suddenly flatter path for interest rates that better matches its new 'patient' policy. In December, when the Fed raised interest rates a fourth time that year, most Fed policymakers penciled in two more rate hikes for this year.