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Asia Pacific

Yuan softens slightly against U.S. dollar as traders struggle for clues on outlook

Yuan softens slightly against U.S. dollar as traders struggle for clues on outlook

China’s yuan softened against the US dollar on Friday, after the People’s Bank of China guided the currency weaker. The offshore yuan traded in Hong Kong weakened 0.07 per cent to trade at 6.6850 on Friday morning.
British Columbians have mixed feelings about economic ties with Asia

British Columbians have mixed feelings about economic ties with Asia

Survey finds support in B.C. and Canada for trade but fears about erosion of Canadian values, sovereignty
What to expect from Justin Trudeau’s trip to China

What to expect from Justin Trudeau’s trip to China

Climate change declarations are likely; trade deals, not so much
How wealthy Chinese move billions abroad

How wealthy Chinese move billions abroad

Capital flight remains a concern for the authorities
Malaysian PM feels rising political, legal heat

Malaysian PM feels rising political, legal heat

Malaysian Prime Minister Najib Razak has survived more scandals and allegations of corruption than any modern democratically elected leader.
Malaysian scandal throws shadow over future of B.C. LNG

Malaysian scandal throws shadow over future of B.C. LNG

The scandal over Malaysia’s sovereign wealth fund, 1MDB, has inevitably muddied the waters over British Columbia’s pending $35 billion liquid natural gas (LNG) project being led by Malaysia’s state-owned Petronas oil and gas company.
Thailand: 'Land of smiles' posts upbeat job, inflation numbers

Thailand: 'Land of smiles' posts upbeat job, inflation numbers

Thailand really is the “land of smiles,” according to a survey by the Bloomberg business news agency. Last week Bloomberg issued its latest “misery index,” which ranks countries on the basis of their unemployment and inflation rates.
Brexit shakes ASEAN

Brexit shakes ASEAN

Britain’s vote to leave the European Union has sent a little shiver down spines in the 10-member Association of Southeast Asian Nations (ASEAN), which is in the process of morphing into an EU-like economic community.
Bangladesh: Investment falling

Bangladesh: Investment falling

Foreign investment in Bangladesh dropped by 32% to US$410.68 million in the first three months of this year against US$606.92 million in the same period last year.
Hong Kong retail sales suffer worst drop since 1999

Hong Kong retail sales suffer worst drop since 1999

But government points to improvement in the second quarter compared with the first