Cheaper Chinese exports, a slowdown in Chinese tourism and further softness in global commodities in the wake of the yuan devaluation could put a dent in several North Asian economies plus Thailand and Malaysia, which may be tempted to weaken their own currencies to cope, analysts said on Thursday while flagging risks of further rate cuts in Thailand and Korea later this year.
PHOTO: AFP
Singapore
CHEAPER Chinese exports, a slowdown in Chinese tourism and further softness in global commodities in the wake of the yuan devaluation could put a dent in several North Asian economies plus Thailand and Malaysia, which may be tempted to weaken their own currencies to cope,...
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