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 …
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 …
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It is a question that is undoubtedly preying on the minds …
The number of visitors – from 15 countries across Europe and Southeast Asia included in China’s visa exemption scheme – who used Alipay during the holiday was up fourfold this …
Who would have thought as recently as a few months ago that the Hang Seng Index would be the world’s best performing major stock market in April? Last month, Hong …
Japan’s yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention. Support for the currency follows a years-long slide that even Japan’s …
The plunge in the yen – which stems from the large interest rate differential between Japan and the United States – has been a boon to Japan’s tourism industry by …
Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at around $2.45 trillion — a 94.5% change one year ago. In what could be …
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 …
Nonetheless, he sat down with the Post in Tokyo to discuss running a slow fashion brand in a world used to instant gratification. A look from Auralee’s autumn/winter 2024 collection. …
Meanwhile, China’s central bank has been on an easing trajectory, with its latest decision in February cutting 25 basis points from banks’ five-year loan prime rate (LPR), the largest shave …