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US stops short of branding Vietnam, Switzerland, Taiwan currency manipulators
The US Treasury Department on Friday said Vietnam, Switzerland and Taiwan tripped its thresholds for possible currency manipulation under a 2015 US trade law, but refrained from formally branding them as manipulators.
Bank Indonesia seen holding rates steady to support recovery
Indonesia's central bank is expected leave its key policy rate unchanged at a record low for the rest of the year to support an economic recovery, while trying to maintain financial market stability, a Reuters poll has showed.
Vietnam reiterates dong policy after manipulator label dropped
Vietnam’s central bank reiterated its exchange-rate management policy was in line with other economic goals after the U.S. Treasury Department removed the nation from its currency manipulator list.
Food inflation will continue to rise if efficiency is not addressed
MALAYSIA registered a deflation in 2020, the first time it saw a decline in general prices in 51 years.
Elevating export strategies through technology
PETALING JAYA: Companies can learn how to leverage digitalisation trends to pave the way for export opportunities at the upcoming Export Excellence Awards (EEA) 2021 webinar.
Bitcoin tumbles after Turkey bans crypto payments citing risks
ANKARA (Reuters) -Bitcoin tumbled more than 4% on Friday after Turkey's central bank banned the use of cryptocurrencies and crypto assets for purchases citing possible "irreparable" damage and transaction risks.
China's GDP hits record growth but post-Covid recovery seen losing steam
BEIJING: China's economic recovery quickened sharply in the first quarter from last year's deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms.
Asian markets mixed as record China data fails to impress
HONG KONG (AFP): Asian markets fluctuated on Friday (April 16) as record Chinese economic growth figures struggled to add fuel to a Wall Street surge that came on the back of blockbuster reports on US consumer spending and jobless claims.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble
NEW YORK/LONDON: World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
