Outflows hit high on foreign investment

equivalent to more than seven years of Taipei’s tax revenue. Addressing concerns that investors could continue to move funds out of the country and into US dollar-denominated assets, the central bank ... ( read original story ...)

Economic confidence drops in May

Cathay Financial said the survey results pulled its economic optimism ... Final decision will be at the discretion of the Taipei Times. ( read original story ...)

Colombo expands Cabinet, but no finance minister

Cash-strapped Sri Lanka yesterday appointed nine more ministers to an “all-party government” tasked with trying to steer the country out of its economic crisis, but the crucial finance portfolio ... ( read original story ...)