Asia Currencies Decline as Chinese Data Compounds Growth Concern

Asian currencies extended the week’s loss as a gauge of Chinese manufacturing fell to a 15-month low, adding to concern that the region’s growth is slowing.

Signs of emerging market stability soothe Asia forex

SINGAPORE (Reuters) - The South Korean won led gains among emerging Asian currencies on Wednesday, helped by tentative signs of stability in developing markets but risk sentiment remained fragile ahead of U.S. payrolls data later this week.

Asia currencies gain as Cyprus bailout fears hurt euro

Asian currencies have continued to strengthen as uncertainty over the developments in Cyprus hurt the euro.

Thailand Raised by Fitch on Yingluck Stability: Southeast Asia

Thailand’s credit rating was restored to BBB+ by Fitch Ratings four years after political turmoil prompted a cut, signaling confidence in Prime Minister Yingluck Shinawatra’s ability to maintain social stability.