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Euro Reaches Four-Month Low as Schaeuble Says Crisis May Last
San Francisco Chronicle
The 17-nation currency reversed its losses as a technical indicator signaled its recent decline has come too fast. The dollar and yen were poised for weekly gains against most of their major counterparts as investors sought safer assets.

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AFP

IMF: Asian Policymakers Should Be Ready To Tighten As Overheating Pressures Emerge
Wall Street Journal
By Natasha Brereton-Fukui SINGAPORE (Dow Jones)--Asian officials should stand ready to recommence policy tightening in response to overheating pressures, while remaining vigilant to the severe risks that the region continues to face from a fragile ...
IMF Says Asia Should Be Ready To Tighten PolicyNASDAQ
Asia Should Be Ready to Tighten as Inflation Returns: IMFCNBC.com
IMF warns that Europe's crisis could undo AsiaThe Australian

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Bloomberg

IMF Says Myanmar Plans to Ease Trade Flows by End-2013
Bloomberg
Myanmar plans to scrap all restrictions on international payments and transfers before the end of 2013, the International Monetary Fund said, making it easier for companies to buy and sell goods in the country. The government expects to complete the ...

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METALS-Copper rises after four-day slide, fragile gains
Reuters
The International Monetary Fund warned of "extremely expensive" consequences not just for Greece if the country were exit the currency bloc. * "At this point, the nervous tone still evident in the markets are telling us that the Europeans need to ...

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Thai GDP Contraction Eased on Post-Flood Recovery, Survey Shows
Bloomberg
The central bank left borrowing costs unchanged for a second meeting on May 2, and the International Monetary Fund said last week that Thailand should be ready to raise interest rates and exit fiscal stimulus when the recovery strengthens.

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Bloomberg

Zeti Says Greek Euro Exit Would Have 'Unimaginable' Consequences
Bloomberg
The ringgit fell 89 percent in the next six months as regional currencies plunged and investors fled the region, pushing Asian economies into recession and prompting Thailand, Indonesia and South Korea to turn to International Monetary Fund bailouts.

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Eurasia Review

Monetary Integration In ASEAN+3: The Next Steps - Analysis
Eurasia Review
The ASEAN+3 has taken a number of significant steps recently to further deepen monetary integration. The next steps should be to introduce a regional weighted currency basket and expand membership. By Pradumna B. Rana ON 3 May 2012, on the sidelines of ...


National Post

Crude Falls on China Data; Gold Declines: Commodities at Close
Bloomberg
Crude for June delivery fell as much as 74 cents to $103.14 a barrel in electronic trading on the New York Mercantile Exchange and was at $103.26 at 3:53 pm Singapore time. The contract climbed 1.1 percent to $103.88 on April 20, the highest close ...
OIL FUTURES: Crude Oil Rangebound In Asia, Investors Await CuesWall Street Journal

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Brent trades near 4-month low on Greece, possible oil release
CNBC.com
SINGAPORE (Reuters) - Brent crude slipped to a near four-month low on Thursday as investors shunned riskier assets following turmoil in Greece and the euro zone, while oil supplies could rise as G8 countries may tap emergency reserves ahead of ...

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Business Today

Asia Currency Options Least Bearish in Year on Yuan Risk
BusinessWeek
Developing Asian economies grew 7.8 percent in 2011, compared with 5.3 percent for central and eastern Europe and 4.5 percent for Latin America, according to the International Monetary Fund. The average cost of insuring emerging Asia's sovereign debt ...
JPMorgan loss another headache for markets as Greece appears headed for ...Washington Post
JPMorgan loss another headache for marketsBlueRidgeNow.com

all 595 news articles »

Brent trades near 4-month low on Greece, possible oil

SINGAPORE (Reuters) - Brent crude slipped to a near four-month low on Thursday as investors shunned riskier assets following turmoil in Greece and the euro zone, while oil supplies could rise as G8 countries may tap emergency reserves ahead of sanctions on Iran in July. Greece faces a possible exit from the euro zone as it failed to form a government to implement austerity measures in exchange ...

EM ASIA FX-Europe's political woes hit Asia FX; won, ringgit break support

SINGAPORE, May 9 (Reuters) - Most emerging Asian currenciesfell on Wednesday, with the South Korean won and the Malaysianringgit breaking through technical support, on worries thatausterity moves Europe ...

Bright future, but stiff competition for Islamic finance

THE growth of the Islamic finance industry has been remarkable over the last three decades. The total invested assets...

IMF Says Myanmar Plans to Ease Trade Flows by End-2013

Myanmar plans to scrap all restrictions on international payments and transfers before the end of 2013, the International Monetary Fund said, making it easier for companies to buy and sell goods in the country.

Oman- OTI wins oil supply tender from India's Bharat Petroleum Corp

(MENAFN) Under Oman Trading International's (OTI) plans to expand further in Asian markets, the company completed a sale of 15,000 tonnes of 340 parts-per-million (ppm) sulphur diesel and 15,000 ...

EM ASIA FX-Asian FX mixed; mood cautious before Fed, BOJ meetings

* Taiwan dlr edges up on inflows, importers cap * Won turned lower; importers cause dlr-short covering * Sing dlr edges up, inflation higher than f'cast (Adds details, updates prices) By Jongwoo Cheon SINGAPORE, April 23 (Reuters) - Emerging Asian currencieswere mixed on Monday on caution before two major central bankmeetings, while the International Monetary Fund's decision todouble its ...

EM ASIA FX-Europe worries hit Asia FX; won, ringgit breach support

* Won weakens past Fibo support; 1,142/dlr, 1,144.9 eyed * Ringgit threatens to clear 100-day moving average * Sing dlr dips on macro names; local names buy it * Philippine peso down, but remittance inflows ...

Greek Euro Exit Would Risk Asia Crisis-Style Rout, Zeti Says

A Greek exit from the euro couldcause contagion comparable to the Asian financial crisis,according to Malaysia 's central bank Governor Zeti Akhtar Aziz,who had first-hand experience of that turmoil. "The ...

The allure of Asia

On the face of it, international financial authorities have become more global since the 2008 financial crisis. The pan-world G20 has taken over from the Western G7 and non-Western economies have more say on the Financial Stability Board (FSB) and the Basel Committee on Bank Supervision.

Thai GDP Contraction Eased on Post-Flood Recovery, Survey Shows

Thailand’s economic contraction probably eased in the first quarter as factories resumed production and tourists returned after the worst floods in almost 70 years, adding scope for interest-rate increases.





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