The U.S. dollar weakened against most major currencies on Friday, hitting nearly two-week lows against the euro, as weaker-than-expected jobs data raised concerns that the pace of recovery in the American labor market has slowed.
The euro hit a six-week high against the dollar on Monday, with some investors trimming bets against the single currency on signs Germany may be open to a Greek debt write-down.
Richard Han, CEO, Hana Microelectronics is optimistic on Hana's quarterly performance, despite profits being down 20% this year. He also talks about why he's bullish on the mobile space.
Stephen Chang, Head of Asian Fixed Income at J.P. Morgan Asset Management explains why he thinks the current environment is good for fixed income. He also gives his top picks among Asian currencies.
Rahul Bajoria, Regional Economist, Barclays Capital at Barclays Capital, and Jonathan Cavenagh, Currency Strategist at Westpac Bank, Australia (Sydney) discuss their outlook for the Thai economy and baht.
Win Viriyaprapaikit has a smile on his face. Since he signed an agreement in late August to buy a steelworks in northern England from Corus, the price has fallen by over $22m in baht terms.
Most Asian currencies fell moderately on Friday, surrendering part of their gains from the previous session as investors fretted about the strength of inflation and prospects for slower economic growth.