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(Bloomberg) -- There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersThe greenback is just shy of the record it reached during the pandemic and on pace for its be

(Bloomberg) -- Thailand’s Prime Minister Srettha Thavisin asked the central bank to urgently hold an unscheduled meeting of its Monetary Policy Committee to cut interest rate, saying the latest data indicated that the nation’s economy was in a crisis. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover Financial in $35 Billion Stock DealWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InStocks Pause Near Record as T

(Bloomberg) -- Thailand’s Prime Minister Srettha Thavisin asked the central bank to urgently hold an unscheduled meeting of its Monetary Policy Committee to cut interest rate, saying the latest data indicated that the nation’s economy was in a crisis. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover Financial in $35 Billion Stock DealAmazon Deserves to Be Called Out for Swindling UsersWall Street’s Moelis Bet Big on the Middle Ea

(Bloomberg) -- India and Indonesia were once famously lumped together as part of Morgan Stanley’s “Fragile Five.” A decade later they are investor favorites.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in California Helicopter CrashWhite House Calls Trump’s Remarks About NATO ‘Appalling’Trump Says War in Ukraine Must End Even as US Aid AdvancesThe outlook for the bonds and currencies of the two Asian behemoths has brightened fo

Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.