The dollar strengthened to the highest level in a week in a broad rally against most of its peers in early Asian trade on Monday as peace talks between the U.S. and Iran broke down nL1N40U07M and the U.S. Navy prepared a blockade of Iranian ports.
Asian stocks fell on Monday after weekend talks between the U.S. and Iran reached no consensus, with Washington now preparing to blockade the Strait of Hormuz to pressure Tehran.
The Royal Irrigation Department and the Rubber Authority of Thailand have unveiled new rubber-based irrigation innovations to cut costs, reduce imports and support Thai farmers.
The World Bank has raised Malaysia’s growth outlook to 4.4% from 4.1% in 2026 despite mounting global uncertainties, including escalating tensions in the Middle East.
The Bank of Japan will probably increase its benchmark rate this month to avoid falling behind on controlling inflation, according to a former executive director at the central bank.
Big US banks may be able to release up to US$320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analysts estimated on Wednesday.