Jan
05

Southeast Asia – Yen, Taiwan s Dollar, Indonesian Rupiah: Asian Currency Preview (Bloomberg)

Yen, Taiwan s Dollar, Indonesian Rupiah: Asian Currency Preview (Bloomberg)
Jan. 6 (Bloomberg) — The following events and economic reports may influence trading in Asian currencies today. Exchange rates are from the previous session.

Five killed in southern Thailand violence: police (AFP via Yahoo! News)
Separatist militants shot dead five people in Thailand’s Muslim-majority south, where a bloody insurgency marked its fifth anniversary at the weekend, police said Tuesday.

Strong quake displaces thousands, damages hundreds buildings in Papua, Indonesia (Philippine News Agency)
JAKARTA, Jan. 5 (PNA/Xinhua) — The powerful quakes in Papua in easternmost of Indonesia on Sunday have led over 14,000 people taking shelters in tents, destroyed hundreds of buildings, killed one person and injured dozens others, local disaster management agency said on Monday.

Malaysia mulls ‘cyber court’ to handle Internet crimes (AFP via Yahoo! News)
Malaysia is considering establishing a “cyber court” to deal with the increasing number of crimes related to the Internet and blogging, a report said Tuesday.

Rubber Gains Second Day on Weaker Yen, Thai Purchasing Plan (Bloomberg)
Jan. 6 (Bloomberg) — Natural rubber futures gained for a second day after the yen fell to a one-month low against the dollar and Thailand, the biggest exporter, said it may buy as much as 200,000 metric tons from growers to support prices.

Vice-mayor killed in southern Philippines (AFP via Yahoo! News)
A vice-mayor has been shot dead in the southern Philippines, police said Tuesday, in what is believed to be the country’s first political killing this year.

Philippine Inflation Rate Declines to 9-Month Low (Update1) (Bloomberg)
By Francisco Alcuaz Jr. Jan. 6 (Bloomberg) — Philippine inflation eased to the slowest pace in nine months in December as the cost of fuel, electricity and water declined.

Philippine December inflation eases to 8 percent (AP via Yahoo! News)
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday.

Philippine December inflation eases to 8 percent (San Francisco Chronicle)
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday. The National Statistics Office said the inflation rate eased from 9.9 percent in November for its fourth…

Philippine Inflation Rate Declines to 9-Month Low (Update2) (Bloomberg)
By Francisco Alcuaz Jr. Jan. 6 (Bloomberg) — Philippine inflation eased to the slowest pace in nine months in December, prompting the central bank to say it will consider further interest-rate cuts.

Thailand blocks 2,300 websites for insulting monarchy (AFP via Yahoo! News)
Thai authorities have blocked 2,300 websites for allegedly insulting the country’s revered monarchy and are waiting for court approval to restrict another 400, the government said Tuesday.

Death toll rises from Thai nightclub fire (CNN)
A Bangkok nightclub owner turned himself in to police Monday as the death toll from a catastrophic New Year’s fire continued to rise.

Asian Currencies: Thai Baht, Malaysian Ringgit Fall; Peso Gains (Bloomberg)
Jan. 6 (Bloomberg) — Thailand s baht and the Malaysian ringgit fell to three-week lows on concern deepening recessions in the world s major economies will sap demand for regional assets.