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  1. Asian economies- and currencies- firing on all cylinders

    Posted Apr 26th 2006, 12:00am by Tom Holland

    ... during the Asian financial crisis. Other currencies are climbing, too. In the last two days, both the Malaysian ringgit and the Singapore dollar have touched post-crisis highs. The latest run-up ... have prompted airlines to slap weighty fuel surcharges on top of their standard ticket prices. Currencies around the region are rising in value against the US dollar- and also against the Hong ...

  2. Glimpse into the futures gives indication of direction of currency

    Posted Oct 07th 2006, 12:00am by Shirley Yam

    ... are saying that if these products flourish, their price will have a significant bearing on the as yet-unopened home market. Final say over the pricing of China's currency and leading stock index ... export-reliant economy and lead to an economic crisis akin to the deflation and economic slump that engulfed Japan in the 1990s. The debate has carried on in both mainland financial newspapers ...

  3. Moody's raises debt ceiling

    Posted May 26th 2006, 12:00am by Staff Reporter

    ... including Hong Kong, in the belief their governments would give the private sector access to foreign currency in the event of a debt crisis. This raised the rating of some foreign-currency debt ... to a foreign currency crisis. It means that Moody's expects the private sector in the affected countries to be ahead of the government in accessing foreign currency supplies during a currency ...

  4. Averting crisis may require going easy on fiscal reforms

    Posted Feb 22nd 2006, 12:00am by Tom Holland

    ... likely causes of a future regional financial crisis. They conclude that domestic financial sector liberalisation and capital account opening should be tackled only gradually to minimise ... crisis of 1997 may have originated in the region's finance ministries and corporate boardrooms, Ms Griffith-Jones and Mr Gottschalk point out that it was the poorest citizens of the affected ...

  5. Taking easy way out in property crisis

    Posted May 22nd 2006, 12:00am by Mark O'Neill

    ... and not foreign currency, to limit their property speculation; better regulation of the exchange of yuan and foreign currency and ascertain the true reason for the purchase. Other more drastic steps aimed ...

  6. Linked exchange rate or low inflation policy, you choose

    Posted Jan 01st 2007, 12:00am by Tom Holland

    ... Tom Holland As the Chinese currency has appreciated towards parity with the Hong Kong dollar, there has been lively discussion about whether Hong Kong should switch its long-standing exchange rate peg away from the US dollar and instead hitch the local currency to the yuan. Most observers dismiss the idea as a lousy proposal, but few have questioned whether the basic policy ...

  7. Slowly, slowly most likely yuan policy despite US rhetoric

    Posted Sep 11th 2006, 12:00am by Tom Holland

    ... currency inflows into China. As a result, the yuan has strengthened against the US dollar by only a further 2 per cent since its revaluation while China has accumulated a vast stock of foreign ... undervaluation of the currency as a major cause of the world's financial imbalances, including the US current account deficit, which is expected to reach US$900 billion this year. Sensitive ...

  8. New projects spur rebound in loan approvals

    Posted Jun 24th 2006, 12:00am by Staff Reporter

    ... next week and there are growing concerns that it will raise rates again in August to curb inflation. Local banks may have to follow because of the currency peg. Sunny Cheung Yiu-tong, ...

  9. Ripple effects of masterfully timed yuan move all positive

    Posted Jan 16th 2006, 12:00am by Tom Holland

    ... rose to its highest level against the US dollar since the currency collapsed during the Asian financial crisis of 1997. Buoyed by the inflows, Korea's benchmark Korea Composite Index ... Tom Holland Asia's regional currencies have made a strong start to the year, rising across the board as the US dollar has wobbled on the foreign exchange markets. At any time before ...

  10. Peg architect sees no need for change

    Posted Jan 12th 2006, 12:00am by Andy Chen

    ... to the US dollar. Mr Greenwood insisted the peg mechanism had not been responsible for Hong Kong's deflation in recent years. The Asian financial crisis and the devaluation of Asian currencies ... Andy Cheng Trade profile ensures relevance of dollar tie, says Greenwood The architect of the Hong Kong dollar currency peg yesterday insisted the scheme should stay and that the market ...




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