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BENGALURU: The Thai baht weakened on Friday and was set for its biggest weekly drop in four months as political uncertainty weighed on already fragile sentiment, while other regional currencies were also headed for weekly losses on Middle East tensions. The baht fell 0.4% in its fifth session of losses and was on course to log its worst week since late February. Prime Minister Paetongtarn Shinawatra was facing the prospect of losing her government’s majority as the United Thai Nation party, a vital coalition partner, looked set to demand her...

BENGALURU: Currencies in emerging Asia were subdued on Tuesday, weighed down by President Donald Trump’s renewed criticism of the US Federal Reserve, while Singapore equities extended their winning streak into a sixth straight session. An MSCI index of Asian emerging market equities snapped a three-day streak of gains, dragged lower by stocks in Taiwan, which lost as much as 1.5% at one point to hit a near two-week low. The Singapore dollar and Thai baht drifted around their mid-October highs, while Indonesia’s rupiah crept lower to 16,855 per US dollar,...