Currencies

Chinese President Xi Jinping appears intent on using the digital yuan to bolster the currency's presence globally
Currencies

Digital yuan nears launch as China sweats over Libra

Sovereign virtual coin lets Beijing bolster oversight and boost currency abroad

3 December 2019
Cambodia's own currency only accounts for 20% of money used in the nation. (Photo by Rie Ishii)
Economy

Chinese money flocks to dollar-based Cambodian economy

Phnom Penh starting to seek economic growth based on national currency

1 December 2019
A Mitsubishi Motors plant in Thailand: The surging baht is creating headwinds for an economy dependent on exports. (Photo by Rei Nakafuji)
Automobiles

Southeast Asia slump sets off alarm bells at Japan's automakers

Toyota, Honda and Nissan brace for first regional decline in four years

30 November 2019
Since the yen started depreciating about three years ago, capital expenditures overseas have trended lower. 
Datawatch

Addiction to weak yen saps Japan's growth potential

Stock market high comes at long-term cost of lower buying power

17 November 2019
The strengthening baht has made Thai exports less competitive and driven up costs for foreign tourists. (Nikkei montage/Reuters)
Currencies

Southeast Asia's strongest currency baht fights own success

Thailand eases capital controls with eye on US criticism

13 November 2019
The yuan has been gaining strength against the dollar since October.
Currencies

Yuan climbs past 7 against dollar for first time in 3 months

Market sees signs of Beijing letting currency rise on progress in trade talks

6 November 2019
Speculation over China's e-yuan project has grown since Facebook announced plans to introduce its own cryptocurrency. (Photo by Takaki Kashiwabara)
Economy

'No timetable' on digital yuan: China central bank governor

Yi Gang cites need to manage risk to quell market speculation over launch

25 September 2019
Luxury apartment buildings under construction in Bangkok. Thailand's real estate sector was enjoying a boom until last year.
Real Estate

Ebbing Chinese money forces Thai property developers to think twice

Weak yuan discourages investors from buying condos, causing market downturn

16 September 2019
Chinese banks face restrictions on converting the yuan to other currencies. (Photo by Akira Kodaka)
Currencies

China clamps down on capital flight risk as yuan weakens

Banks and real estate developers pressed to keep funds within the borders

30 August 2019
Hong Kong's currency peg to the U.S. dollar has long been touted as its secret weapon.
Opinion

Speculators are right: Hong Kong's dollar peg does more harm than good

Hedge funders on the attack must compete with Xi Jinping's resistance

29 August 2019
Malaysia recently announced a slew of measures to boost onshore foreign exchange market.
Finance

Malaysia's forex steps may help retain slot in bond index

Analysts warn of hefty outflows from any potential ouster from global index

22 August 2019
The yuan fell below the critical 7-to-the-dollar level in early August, prompting the U.S. to label China as a "currency manipulator".
Datawatch

China allows weaker yuan but still fights downward pressures

Market forces would sink currency even lower if Beijing did not intervene

18 August 2019
Unlike in advanced economies, Myanmar's banks and other institutions are believed to refer to the black market's foreign exchange rate, and authorities are sensitive to its movements.
Economy

Myanmar's currency black market thrives in banks' shadow

Informal trading still on par with legitimate dealings, amplifying kyat's swings

14 August 2019
The yuan depreciated beyond 7 against the dollar this month for the first time since 2008.
Currencies

China's yuan sinks to fresh 11-year low against dollar

Reference rate cut for eighth straight session as Sino-US tensions simmer

12 August 2019
The International Monetary Fund logo is seen outside the headquarters building in Washington.
Trade war

IMF contradicts Trump: China hasn't manipulated its currency

Yuan has been 'broadly stable' against other currencies, it says in yearly review

10 August 2019
The People's Bank of China is trying to prevent a repeat of the yuan's crash in 2015.
Trade war

Beijing pushes envelope with 7-yuan-to-dollar reference rate

Market holds breath as China's central bank tests room to cushion tariff blow

9 August 2019
Stream article image
8 August 2019
The yen's rise reduces the odds Japan Inc. will fatten paychecks. (Photo by Kai Fujii)
Opinion

Japan and South Korea will be biggest losers in US-China currency war

ASEAN countries will also be collateral damage as demand falls and exports are hit

8 August 2019
Stream article image
7 August 2019
U.S. President Donald Trump listens to a question from the news media as he sits behind the Resolute Desk in the Oval Office of the White House. Trade tensions with China have now spilled over into currencies.
Trade war

World braces for dangerous US-China currency standoff

Yuan hovers beyond former line of defense after 'manipulator' designation

7 August 2019
Stream article image
Nikkei Markets

Asian equities fall more as US labels China currency manipulator

China Construction Bank, Ping An Insurance, Great Wall decline

6 August 2019
Spot rates for the yuan slid to 7.0536 against the dollar on Tuesday, as more investors sold the Chinese currency. 
Trade war

Asia stocks slide after US labels China a currency manipulator

Yuan falls further as central bank sets reference rate at 11-year low

6 August 2019
If China starts leaking foreign capital, there may be little room for Beijing to use its foreign reserves to buttress the yuan.
Comment

Forex reserve needs: Thailand gains as China wanes

IMF data shows Beijing's foreign currency holdings less than 'adequate'

6 August 2019
Stream article image
Nikkei Markets

Asian equities slump as yuan's tumble below 7 to dollar spooks investors

Chinese airlines, property developers drag down A300 index

5 August 2019
Protracted trade tensions have dented the value of the yuan -- and Asian corporate earnings. 
5 August 2019