Asian currencies had a weekly gain, led by Taiwan’s dollar, as upbeat U.S. economic data brightened the outlook for regional exports and prompted investors to favor riskier assets. SEE MORE
HCM CITY — Businesses already struggling to survive in both domestic and international markets are going to be very hard hit by the second rise in fuel prices in less than two months, economists say.SEE MORE
The country is estimated to face a trade deficit of US$200 million in the first four months of the year, equal to 2.3 percent of the country’s total export value, the General Statistics Office (GSO) reported.
Asian nations from South Korea to Singapore may refrain from monetary easing this week as rising oil prices add to inflation risks, even as pressure mounts on Japan to add stimulus and China grapples with slowing expansion. SEE MORE
HA NOI — Viet Nam's economy is forecast to grow by 5.7 per cent this year, before picking up to 6.2 per cent next year, according to the Asian Development Outlook Update launched by the Asian Development Bank (ADB) in Ha Noi yesterday.SEE MORE