Rupiah Leads Asia Currencies Lower This Week Amid Global Selloff

Asian currencies fell this week, led by Indonesia’s rupiah and South Korea’s won, amid a global selloff in equities and debt.

Southeast Asia Shares Best With Top Risk-Adjusted Returns

Southeast Asia (MXSO), the heart of the 1997 currency crisis, produced the best risk-adjusted returns for Asian stocks since global markets started to rebound three years ago, as investors sought a haven from Europe’s debt turmoil.

Asia Currencies to Extend Slide on Growth, Citigroup Says

Asian currencies are poised to keep falling after the biggest decline in eight months as the region’s economy slumps more than investors expect, spurring more interest-rate cuts, according to Citigroup Inc.

Amid Signs of Economic Weaknesses, China to Free Cash for Lending

China’s central bank announced late Saturday that it would loosen monetary policy in a clear effort to stimulate the economy after the release on Thursday and Friday of a batch of economic indicators for April that were considerably weaker than most economists had expected.