Currency markets

Turkey opts for new tightening strategy after signaling pause to hikes

A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters…

Asian currencies could be on ‘backfoot’ despite U.S. rate cuts: JPMorgan

The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment |…

DBS cuts executive pay on banking outages; posts record earnings in 2023

DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE —…

India set to be world’s third largest economy in 2027: finance ministry

A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance…

Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg…

GQG scored a big win with its Adani bet, but could now press pause

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing…

India overtakes Hong Kong to become world’s seventh largest stock market

A security guard walks past the National Stock Exchange of India building in Mumbai, India. Dhiraj Singh | Bloomberg |…

Thailand’s economy is slowing, and it could mean trouble

Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s…

Chinese property developer Sunac says it’s met restructuring conditions

A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed…

Laos is spiraling toward a debt crisis as China looms large

A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty…