Kung Phoak, Cambodia’s secretary of state at the Ministry of Foreign Affairs and International Cooperation, says U.S.-China relations are the “most important,” stressing that ASEAN remains neutral on the rivalry between the two countries.
Liz Ann Sonders of Charles Schwab says the U.S. Federal Reserve is still far from moving to “pivot mode” and there needs to be more than one better than expected print.
Tony Fernandes, CEO of AirAsia parent company Capital A, says he is not worried about an economic tightening and the business will benefit as a “value provider.”
Hong Kong Monetary Authority’s chief executive Eddie Yu says the HKMA has no intention to change currency peg, adding it’s being upheld by the current interest rate arbitrage mechanism.