ASEAN companies are increasingly using the renminbi beyond trade settlement, with financing, treasury management and offshore capital markets emerging as the currency’s next growth areas.
Gold and Bitcoin are beginning to diverge as rising Treasury yields and tighter financial conditions test whether investors truly view both assets as equivalent hedges against currency debasement.
Gold remained near US$4,400 as rising oil prices and stronger US economic data increased expectations of a Federal Reserve rate hike, offsetting safe-haven demand.
Agricultural Bank of China and ICBC plan to raise a combined 260 billion yuan through private A-share placements to strengthen core Tier 1 capital and support future lending.
New York, 28 August 2026 – Bitcoin fell back below US$80,000 as traders reassessed the outlook for interest rates after Federal Reserve Chair Kevin Warsh warned that further…
Singapore, 24 August 2026 – The United States dollar remained pinned near multi-month lows on Monday as currency markets digested the Department of the Treasury’s intervention to repurchase…
New York, 23 August 2026 – Gold prices climbed to their highest level in three months, capping a weekly advance of roughly 5 percent, as unexpected debt buyback…
Singapore, 21 August 2026 – Maybank and the Singapore Manufacturing Federation (SMF) have signed a landmark Memorandum of Understanding (MOU) to expand cross-border access to the Johor-Singapore Special…
Singapore, 21 August 2026 – The United States dollar stumbled across global currency markets on Friday, heading for broad weekly declines as institutional investors expressed skepticism toward the…
Kuala Lumpur, 18 August 2026 – The Malaysian ringgit posted gains against several major and regional currencies while trading within a narrow range against the United States dollar…