ASIAN markets struggled to keep their heads above water on Thursday with declines in key equity benchmarks in Japan, Hong Kong, China and Australia, while Singapore and Malaysia were little changed...

THE embattled Philippine peso needs a break - and it may soon get one.

IMAGINE two countries. Country A has a fiscal deficit of slightly over 5 per cent of its gross domestic product (GDP), while country B shows a gaping hole of nearly 9 per cent. Moreover, until...

ARGENTINA'S central bank hiked its benchmark interest rate from 45 to 60 per cent on Thursday (Friday morning, Singapore time), the highest in the world, in a dramatic but fruitless bid to shore...

[HONG KONG] Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.

[BUENOS AIRES] Argentina's central bank hiked its benchmark interest rate from 45 to 60 per cent on Thursday, the highest in the world,  in a dramatic but fruitless bid to shore up the peso,...

WORLD CUP 2018

ARGENTINE fans visiting Russia for the World Cup are keeping a wary eye on the sliding value of the peso, with some avoiding credit card spending and cutting back on unnecessary purchases.