BOK's Rhee: FX Intervention Can Calm Volatility

New investment round triggers rush of vehicles with escalating fees and five-year lock-ups

Malaysia’s ringgit fell to a 10-month low versus the Singapore dollar, weighed by foreign stock outflows while the island state’s currency is supported by a hawkish monetary policy stance.

Former US Trade Representative Susan Schwab says shared geography and deep economic ties will keep the U.S. and Canada aligned despite upcoming political friction. She notes that joint cooperation on critical minerals…

Mexico’s government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the 263.5 billion pesos…

China plans to allow its $568 billion social security fund to buy offshore bonds through an investment channel with Hong Kong, according to people familiar with the matter, in its latest effort to boost demand for yuan…

The Chinese yuan is gaining renewed attention as a currency to fund carry trades as a surging yen forces investors to seek alternatives, strategists say.