Sri Lanka raises rate to 8.75% as oil shock hits Asian currencies
Asia is facing a shock from crude oil prices that have risen more than 40% since the war began in...
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Asian currency debt gains favor as investors cut dollar exposure
MarketsIran war, high US rates fuel record issues in Hong Kong, Singapore, AustraliaHong Kong dollar bond issuance has gained traction...
Iran War Is Putting A Growing Number Of Asian Currencies In Harm’s Way
As chaotic as Thursday’s 7% surge in oil prices was for global markets, it’s the assets that are dropping with...
Manila Bulletin – Peso takes biggest hit as oil shock pressures Asian currencies
While Asian currencies have been on a modest decline since Middle East tensions flared up, Japanese financial giant MUFG Bank...
Manila Bulletin – Peso, Asian currencies may retreat as oil risks cloud ceasefire gains
The ceasefire-driven rally of Asian currencies, including the Philippine peso, may be short-lived as global oil risks linger, according to...
War forces Asian economies to confront sliding currencies
SINGAPORE: Policymakers in the Asia-Pacific region are facing their toughest test since the Covid-19 pandemic, with few easy options, as...
Asian currencies hit highs as US seen backing Japan yen action
History of US–Japan cooperation on yen intervention Global investors are closely watching signals that Japan and the US may intervene...
Asian currencies to stay under pressure – MUFG
ASIAN currencies, including the peso, are expected to remain under pressure in the near term as the dollar stays firm, supported by geopolitical tensions and a cautious stance from the US Federal Reserve, MUFG said. “For Asian currencies, we expect a cautious start to the week, amid a pickup in geopolitical risks that could keep USD strength in play in the near term,” the Japanese financial group said in a market note.MUFG said geopolitical risks had intensified, encouraging investors to stay defensive and favor the dollar. These include worsening protests...
Asian stocks gain, currencies muted
MOST emerging Asian equity markets advanced on Monday, with Indonesia off record highs, while regional currencies were largely muted on...
Asian equities see largest monthly foreign inflow in 15 months
Asian equities attracted strong foreign inflows in May as concerns over an immediate economic hit from higher US tariffs eased, prompting a return by investors who had previously exited large and concentrated positions in the region.The inflows marked a sharp reversal after four consecutive months of net foreign selling.According to data from LSEG, foreign investors bought approximately $10.65 billion worth of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam, and the Philippines, registering their largest monthly net purchase since February 2024.US President Donald Trump’s announcement of reciprocal tariffs in...
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