Currency swings sap spending power of American and Chinese travellers overseas.
Luxury brands hit by drop in tourist spending in Europe and Japan
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Goldman favours Asian high-grade debt again as growth risks rise
Asia investment-grade credit spreads widened by nearly six basis points on Aug 1, the most in four months, after the weaker-than-expected US...
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
The analysts say this comes with the bank’s lower guidance due to US tariffs limiting Asean growth
