Japan’s Yen Trap: Intervention Buys Time, but There Will Be No Plaza Accord 2.0

By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, Aug 7 — The unprecedented US-Japan effort to arrest the yen’s fall may have delivered a powerful short-term rebound, but it cannot repair the structural weaknesses undermining confidence in Japan’s economy, according to Juwai IQI Chief Global Economist Shan Saeed. The yen had weakened to about ¥163.65 against…

Read More

ASEAN+3 Must Strengthen Payment Connectivity to Support Regional Integration and Resilience – AMRO Study Finds

BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAH SINGAPORE/MANILA, May 4 – ASEAN+3 needs to urgently strengthen cross-border payment connectivity to support regional integration and resilience amid rising global fragmentation and rapid digital transformation, according to a new policy perspectives paper published today by the ASEAN+3 Macroeconomic Research Office (AMRO). The paper was formally welcomed at the…

Read More