Taiwan dollar gains as US hints at currency valuation pressure
Taiwan’s dollar posted its biggest daily advance since December after a U.S. Treasury report hinted that the Biden administration could exert greater pressure on the…
TSMC says trade tensions could disrupt supply of chip equipment
Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, warned for the first time that trade tensions may disrupt its access to key production equipment…
Japan’s exports jump by double-digits for first time since 2018
Japanese exports posted a double-digit increase for the first time in more than three years in March as the recovery picked up in key markets…
Won poised for rally as economic optimism eclipses virus concern
The won is set to advance as expectations of faster economic growth help the South Korean currency break out of its narrow trading range.
US urges ‘decisive’ steps by China to shift away from exports
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic…
US hints more pressure to come on ‘undervalued’ Taiwan dollar
The Treasury’s report on major trading partners may have spared Taiwan the currency manipulator label but it hinted that U.S. officials could exert greater pressure…
Bank of Thailand unfazed by US currency watchlist inclusion
The Bank of Thailand has responded to the U.S. decision to keep the nation on watch for currency manipulation by asserting it has stepped into…
Vietnam reiterates Dong policy after manipulator label dropped
Vietnam’s central bank reiterated its exchange-rate management policy was in line with other economic goals after the U.S. Treasury Department removed the nation from its…
Biden picks Evercore’s Bianchi, Senate aide for trade roles
President Joe Biden will nominate Evercore ISI policy analyst Sarah Bianchi and senior Senate aide Jayme White as deputies in the Office of the U.S.…
Charting global economy: US demand spurs export-led nations
U.S. retailers have reason for optimism after sales surged in March against a backdrop of increased Covid-19 vaccination rates, robust hiring and government stimulus.
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