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Corporate News

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

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.

Business

Trump and dollar: friend or foe?

NEW YORK: Donald Trump's comments that a strong dollar "puts us at a disadvantage" caused an instant fall in the greenback on Thursday and marked another example of the U.S. president commenting directly - and sometimes contradictorily - on the country's currency.

Business

Can the US dollar rally last?

The US dollar is in rally mode. It first picked up steam as the 10-year Treasury yield edged towards the psychological level of 3% which it eventually breached.

Business

US dollar peg to remain, says HK chief executive

KUALA LUMPUR: The policy to keep the Hong Kong dollar pegged against the US dollar will remain although the Asian currencies have come under increasing pressure due to the volatility in the dollar.

Business

Can the rally in the US dollar continue?

KUALA LUMPUR: The US dollar is more likely to continue its rally at least in the near-term with the US bond yields still moving higher and providing support for a stronger dollar, says AmBank Research.

Business

Wall Street’s 2016 currency consensus is all about the dollar

NEW YORK: Buy the US dollar. Again. That’s the message for next year from the biggest banks trading in the US$5.3-trillion-a-day currency market.

Business

Will a strong dollar hurt emerging markets again?

THE US dollar continues to strengthen despite the U-turn in the tone of the currently dovish Federal Reserve.

Business

Funds flock to king dollar

SINGAPORE: The dollar is set to rise out of its current trading range as America’s tariff dispute with China takes a turn for the worse.

Business

Want to win the trade war? Long the dollar

LONDON: Trade wars are good, and easy to win -- that’s a Donald Trump assertion which is giving succor to dollar bulls.