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Corporate News 25 Jan 2018 | 12:10 AM

A weak dollar 'good' for the US?

NEW YORK: A dollar rout intensified on Wednesday after U.S. Treasury Secretary Steven Mnuchin said a lower greenback was "good for us" - though a weaker U.S. currency may not prove a long-term economic boost. It was a highly unusual remark for a Treasury secretary.

Business 25 Jan 2016 | 12:00 AM

Concerns over HK dollar peg

THE recent fall of the Hong Kong (HK) dollar has left many wondering about the vulnerability of its peg to the US dollar and the potential impact on regional currencies.