Recent Posts

Rising rupee no barrier for India’s high-tech export machine

Bloomberg Indian exports are defying a firm rupee, riding a rise in global growth with a surge in shipments of the kind of high-tech goods every nation covets. Exports rose to a six year high in March and, for now, that upward trend is tipped to continue as the world economy chugs along and foreign direct investment boosts productivity and ...

Read More »

Asia FX laggards turn leaders of pack as ringgit rebounds

Bloomberg Better late than never. The Philippine peso and Malaysian ringgit have clambered aboard the Asian currency rally, advancing against the dollar and spurring flows into equity markets. Global funds have poured $581 million into Malaysian stocks and $198 million into the Philippines since the end of March as the countries’ currencies strengthened 2 percent and 0.5 percent, respectively. That’s ...

Read More »

May pledges right-to-buy plan to boost UK social housing

Bloomberg UK Prime Minister Theresa May pledged a new right-to-buy program for social housing in an effort to boost home-building by local authorities and help alleviate a growing shortage of low-cost housing. Councils and housing associations will be offered government funding to build homes along with permitting help from the Homes and Communities Agency, the Conservatives said in a statement. ...

Read More »
Send this to a friend