Thai-ASEAN News Network
Thai-ASEAN News Network
Bangkok Thailand’s failed defense of its fixed rate currency set the stage for Asia’s descent into the 1997-98 financial crisis. Now, with foreign capital surging in rather than out of the region, will Bangkok lead the way towards a new era of competitive currency protecting capital controls?
Read more on Thailand Outlook Channel
Equities gaining for sixth straight week
Asian stocks rose for a sixth week on speculation policy makers will do more to spur economic growth after Japan’s central bank cut its benchmark interest rate and Australia unexpectedly kept its key rate unchanged.
Read more on People’s Daily
RPT-UPDATE 1-China Sept car sales up 19.3 pct, Q4 growth seen
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Read more on Reuters via Yahoo! Asia News