Sat, 13 Oct 2018 16:08
IMF members pledge to avoid competitive currency devaluations
Economic chiefs from countries around the world - including China and the US, which have been warring over the falling yuan - pledged on Saturday (Oct 13) to refrain from competitive devaluations of their currencies.
Tue, 02 Oct 2018 01:00
Tech Bureau gets order on improvement after attacks
JAPANS’S Financial Services Agency has issued a business improvement order to cryptocurrency exchange operator Tech Bureau Corp over a cyber-attack that stole about 7-billion yens worth of virtual currencies from the exchange earlier this month.
Mon, 01 Oct 2018 06:40
Naver, Kakao and KT vie to launch cryptocurrencies
Naver's Line messenger, which is strong in Thailand and Indonesia; Korean messenger giant Kakao and mobile carrier KT vie to launch cryptocurrencies
Thu, 20 Sep 2018 14:59
Asian markets rally runs out of steam
The latest rally in most Asian markets stumbled Thursday, though emerging market currencies held gains after Beijing's pledge not to weaponise the yuan in its trade standoff with the United States.
Thu, 13 Sep 2018 11:43
Crypto exchanges can discern worthwhile coins, blockchain projects: Upbit CEO
With hundreds of new cryptocurrencies and blockchain projects being released daily, it’s difficult for investors to discern which digital coins are worth backing or are potential scams with no value.
Wed, 12 Sep 2018 01:00
Thailand can weather EM crisis
IT’S A CLASSIC emerging markets crisis: Fed raises rates causing US dollar to appreciate; emerging markets’ (EM) currencies fall and dollar-denominated debt blows up; import prices rise as currencies fall, pushing up inflation which in turn adds more pressure on the currencies.
Mon, 10 Sep 2018 01:00
Downside risks loom
SET Index is not expected to rise and will face limited downside risks this week.
The SET Index plunged more than 30 points last week, under pressure from volatile emerging-market currencies as well as concerns over US-China trade war with a possible third round of revenge and retaliation.
Fri, 07 Sep 2018 01:00
Thai handling of digital assets draws admiration
Government, central bank display regulatory wisdom in embracing crytocurrencies
Mon, 03 Sep 2018 01:00
AMLO sounds alarm over cryptocurrency-fuelled scams
THE MONEY laundering watchdog is considering creating its own digital wallet to tackle cybercrime related to cryptocurrencies, an Anti-Money Laundering Office (AMLO) official said at a Bangkok seminar last week.
Fri, 31 Aug 2018 12:36
Indian rupee touches record low as Asia markets tumble
Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.
Wed, 29 Aug 2018 01:00
Startup to act as link for banking, cryptocurrencies
BRIDGEX Network, a two-year-old startup, is opening up new opportunities that will change the traditional world of banking, lending, cross-border money transfer and payment using cryptocurrencies.
Wed, 22 Aug 2018 11:42
Hackers target smartphones to mine cryptocurrencies
Has your smartphone suddenly slowed down, warmed up and the battery drained down for no apparent reason? If so, it may have been hijacked to mine cryptocurrencies.
Sun, 19 Aug 2018 17:00
Chinese police nab suspects after $87 mn cryptocurrency theft
Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies.
Thu, 16 Aug 2018 01:00
Indonesia rates raised amid Turkey turmoil
INDONESIA'S central bank raised interest rates yesterday in a bid to shield the slumping rupiah from a sell-off in emerging market currencies as Turkey's financial crisis roils global markets.
Mon, 06 Aug 2018 01:00
Regional currencies caught up in battle of the titans
Last month the baht and other Asean currencies were caught up in the recent weakening of the Chinese yuan, with the baht and Singapore dollar all hitting one year lows in the middle of last month while the ringgit hit a seven-month low.