Latest Asia Economic Exclusives - Exclusive Asia Economic Facts & Events
Thai Baht Gains Value, Thailand Loses Exports
Over the past several years, the Thai baht has been gaining strength against the US dollar. The baht is reaching highs that have not been seen since the 1997-1998 Asian Financial Crisis. Recently, the baht has traded at 33 to the US dollar1. This appreciation has a direct effect on exports, which accounts for about 60% of the Thai economy2. ...Read Full Article
The Asian Mortgage Conundrum
1. Paul Van den Noord, Are House Prices Nearing a Peak? A Probit Analysis for 17 OECD
Countries [OECD Economics Department Working Papers, June 1, 2006].
2. Haibin Zhu, "The Structure of Housing Finance Markets and House Prices in Asia,” Bank
of International Settlements Quarterly Review [December 2006].
3. Joyce Liang et al., China: Mortgage and ...
An Uncertain Future for the Russia-Japan Relationship
Over the past few years, Japan and Russia have made several attempts to strengthen bilateral relations, culminating in high-level talks in late January. The reasons for these talks seem straightforward. Russia sees Japan as a source of capital and a development partner for the country’s Far Eastern energy resources. Tokyo wants to be less dependent on Middle Eastern oil and ...Read Full Article