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Asian Financial Crisis

Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

by Walter Watson
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck in 1997. This time the impact could be worse, given …

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Opinion | As yen sinks, Japan must avoid goading China into a currency war

by Walter Watson
Opinion | As yen sinks, Japan must avoid goading China into a currency war

Let’s hope Xi resists this urge. It’s not hard to count the ways such a move could backfire on the global economy in the short term and China’s development in …

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Malaysia’s central bank sees ‘positive’ economy in 2024 despite ringgit’s drop to 26-year low

by Walter Watson
Malaysia’s central bank sees ‘positive’ economy in 2024 despite ringgit’s drop to 26-year low

Malaysia’s central bank has defended the trajectory of the country’s economic growth, after the ringgit sunk to its lowest since the 1997 Asian financial crisis, blaming a strengthening US dollar …

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