News
Safe-haven franc bounces as Iran war rages, dollar down after payrolls drop
1+ week, 6+ day ago (662+ words) NEW YORK, March 6 : The safe-haven Swiss franc rallied across the board on Friday as the escalation of the Middle East conflict spurred a flight to safety, while the U.S. dollar slipped in choppy trading after data showed an unexpected drop in…...
Millions in Pakistan feel the pinch as food costs soar at Ramadan markets
3+ hour, 30+ min ago (596+ words) Pakistan, which relies heavily on imported fuel, is particularly vulnerable to external shocks. ISLAMABAD: Global energy shocks triggered by the Iran war are rippling through Pakistan's economy, forcing the government to raise fuel prices and driving up the cost of…...
Taiwan central bank raises growth outlook, sees war impact on inflation
23+ hour, 58+ min ago (174+ words) A man stands inside Taiwan's central bank in Taipei, Taiwan May 29, 2025. REUTERS/Ann Wang In view of the uncertainty surrounding the global economic and financial outlook, as well as the potential impact of the conflict in the Middle East and…...
CNA938 Rewind - Can Southeast Asia's conglomerates make a comeback?
1+ day, 14+ hour ago (234+ words) Shadow fleets " ageing, often unregistered vessels " may be sailing through the Strait of Hormuz. Are they evading detection, or being "let through? Daniel Martin speaks with Toby Stephens, Head of Asia-Pacific Global Crisis Management at global maritime law firm HFW....
US Fed raises inflation outlook over 'uncertain' Iran war impact
1+ day, 13+ hour ago (13+ words) Fed leaves rates unchanged, sticks with single cut in 2026 despite higher inflation'CNA...
Weak yen, labour crunch key to BOJ rate hike timing, minutes show
1+ mon, 3+ week ago (521+ words) TOKYO, Jan 28 : The Bank of Japan considered mounting inflationary pressures stemming from a weak yen and labour shortages, among other factors, as key influences for the timing of additional interest rate hikes, minutes from a December meeting showed on Wednesday....
Dollar softens as a cooling oil rally lifts risk sentiment
2+ day, 8+ hour ago (536+ words) TOKYO, March 18 : The U.S. dollar lost ground on Wednesday as easing crude oil prices allowed for a glimmer of risk appetite ahead of a slate of central bank policy meetings. The currency weakened against the yen which pulled back from levels…...
High transport costs, slow hiring: Southeast Asia businesses brace for impact amid Middle East war
2+ day, 10+ hour ago (1628+ words) For sectors such as manufacturing, logistics and construction, where energy forms a bulk of operating expenditure, uncertainty can translate into tighter margins and more cautious expansion plans, say businesses and experts. SINGAPORE: For Roy Ang who runs a plastic bag…...
Dollar holds losses as risk appetite flickers ahead of central bank meetings
2+ day, 8+ hour ago (475+ words) TOKYO, March 18 : The dollar held losses on Wednesday as a glimmer of risk appetite came back to markets ahead of a slate of key central bank decisions. The yen rallied from levels that conjured concerns of intervention in markets by…...
Japan manufacturers' mood hits 4-year high, Middle East risks weigh outlook: Reuters poll
2+ day, 9+ hour ago (401+ words) TOKYO, March 18 : Japanese manufacturers' confidence improved to its highest level in over four years in March, buoyed by the chemicals and petroleum sectors and a recovery in the semiconductor market, the Reuters Tankan poll showed. However, concerns over the Middle…...