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JAKARTA (The Jakarta Post/ANN): Indonesia and Canada have opened negotiations over a Comprehensive Economic Partnership Agreement (ICA-CEPA) expected to spur bilateral trade and investment.
MANILA (Philippine Daily Inquirer/ANN): The Philippines has detected four more cases of the highly infectious Delta Covid-19 variant, prompting authorities to beef up border controls as a Britain-based think tank warned on Monday (June 21) that the country could be among the last in Asia to achieve herd immunity due to slow vaccine roll-out.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today as the greenback retreated amid recovery in risky assets.
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Monday removed the head of the powerful government auditor, promoting a career public servant to replace a member of his inner circle in the latest Cabinet reshuffle following mid-term elections.
THE emerging markets (EMs) may face a tough situation ahead, as the United States Federal Reserve (Fed) speeds up its time frame for hiking interest rates, and indicates the start of talks to scale back its massive bond buying.
SEOUL: South Korea’s exports are set to climb by double digits again in June as the global economy shakes off the effects of the pandemic, though a slower pace from recent months suggests the days of outsize gains may have passed.
THE highly anticipated jump in inflation has arrived in different countries across the world.
WASHINGTON: Emerging-market currencies hit by a hawkish Federal Reserve (Fed) could soon regain their record run against the dollar on expectations that developing central banks may outpace their US counterpart in policy tightening.
SYDNEY: While the Reserve Bank of Australia (RBA) and Commonwealth Bank of Australia share a common heritage, they couldn’t be further apart on the outlook for wages and inflation in today’s economy.