hedging – SindhTribune.com

Asia’s dollar hedging seen boosting regional currencies

June 16, 2025

Thailand strikes at Cambodia with raids on tycoon Kok An’s properties
BANGKOK/PHNOM PENH — Deeply strained relations between Thailand and Cambodia deteriorated further on Tuesday when Thai police mounted coordinated raids on properties connected to Kok An, a tycoon and four-term Cambodian senator with royal honors close to Senate President Hun Sen. A warrant was issued on Monday for the arrest of Kok An, the so-called…
France’s Macron makes a state visit to the U.K. with migration and Ukraine on the agenda
LONDON — French President Emmanuel Macron arrives in Britain on Tuesday for a state visit mixing royal pageantry with thorny political talks about stopping migrants from crossing the English Channel in small boats. Macron and Prime Minister Keir Starmer will also try to advance plans for a post-ceasefire security force for Ukraine, despite apparent U.S.…
Rajab Butt’s tinted car targeted in Lahore operation
Lahore: In a continued crackdown on traffic law violations, controversial YouTuber Rajab Butt’s vehicle was among those targeted in Lahore’s ongoing campaign against tinted windows. The operation, carried out by Lahore’s Dolphin Force, resulted in the removal of black tinting from Butt’s car in accordance with legal regulations. The campaign took place in the Thokar…
China’s offshore bond trade opens up to non-bank financial entities
HONG KONG — China has expanded its Southbound Bond Connect program to allow a broader range of mainland financial institutions to invest in offshore bond markets via Hong Kong, further relaxing restrictions on outbound capital flows. The program, which enables mainland investors to buy and sell notes tradable in Hong Kong, now includes non-bank financial…
As U.S. abruptly ends support, Liberia faces empty health clinics and unplanned pregnancies
SARWORLOR, Liberia — Five months ago, Roseline Phay, a 32-year-old farmer from the West African nation of Liberia, set off on a quest to find contraceptives. Phay and her partner have two daughters, and they barely make ends meet. Determined not to have more children, she went to a health worker in her village, but…
Currency exchange rates in Pakistan today – 8 July 2025
Karachi: The Pakistani Rupee (PKR) experienced slight fluctuations against several major foreign currencies in the open market today. The changes reflect a modest adjustment in the exchange rates amid ongoing global economic dynamics. According to forex.pk, the US Dollar (USD) is currently being bought at Rs285.4 and sold at Rs286.5, marking a slight decrease in…
UK conservative politician Norman Tebbit, an icon of the Thatcher era, dies at 94
Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Conservative politician Norman Tebbit, a key ally of Prime Minister Margaret Thatcher in her free-market transformation of Britain, has died at the age of 94, his…
BHP to face wage bill hit following landmark labor ruling
SYDNEY — Australian mining group BHP is facing a major increase in labor costs after the country’s industrial relations arbiter ruled that the company must pay the same wages to both directly and indirectly hired workers at three of its mines, dealing a blow to its internal contracting arrangements. The Fair Work Commission this week…
Independent Dan Osborn launches another Nebraska Senate run
Independent Dan Osborn launched another run for the Senate in Nebraska on Tuesday after having waged a surprisingly competitive, though ultimately unsuccessful, campaign last year. And Osborn said the biggest difference between last year and next year will be his Republican opponent. “Everything that I talk about, I think Pete Ricketts embodies,” Osborn said in…