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We have enough foreign reserves

The nation has sufficient ­foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the South-East Asian nation faces a growing possibility of default.

Myanmar has enough funds to avert Sri Lanka-like crisis

Myanmar has enough funds to avert Sri Lanka-like crisis
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.

Form N-CSRS ABRDN ASIA-PACIFIC INCOM For: Apr 30

Form N-CSRS ABRDN ASIA-PACIFIC INCOM For: Apr 30
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Bursa mixed at midday, KLCI up 6 71 points

Bursa Malaysia was mixed at midday on continuous buying support for selective heavyweights, while profit-taking was also seen mainly in healthcare and energy stocks, analysts said.

Asia currencies down on US moves - Taipei Times

Asian currencies fell yesterday, highlighting the pressure wrought by a stronger US dollar as the US Federal Reserve races ahead with interest rate hikes. The New Taiwan dollar declined against the US dollar, dropping NT$0.075 to close at NT$29.790 an almost one-month low. The Indian rupee declined to a record low of 78.29 rupees per US dollar, while the Philippine peso dropped as much as 0.7 percent to 54.635 pesos, its weakest level since November 2005. The South Korean won slid to a 13-year low of 1,297.85 won versus the greenback. In Hong Kong, the monetary authority has bought HK$78.1 billion

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