Articles

  • 1 week ago | bloomberg.com | Paul Dobson

    Upward pressure on the perennially weak Taiwan dollar may have been brewing for some time. (Bloomberg) -- Taiwan’s currency jumped 6.2% against the US dollar over two days at the start of May, an almost unprecedented move given the island’s normally stable exchange rates.

  • 1 week ago | bloomberg.com | Paul Dobson

    (Bloomberg) -- Taiwan’s dollar extended a rally from the previous week, surging more than 2% in the first minutes of trading Monday. USD/TWD -2.5% to 30.29, lowest level since Feb. 2023NOTE: Dollar’s Decline Is Fueling Dislocations Across Asian CurrenciesMore stories like this are available on bloomberg.com©2025 Bloomberg L.P.

  • 3 weeks ago | thenational.scot | Karin Goodwin |Paul Dobson

    MORE than 400 members of staff at Scotland’s universities earn more than the First Minister, despite a funding crisis engulfing the sector that could see lower paid roles axed. A Ferret analysis as part of our Who Runs Scotland series found at least 448 university staff are paid more than John Swinney, who earns £135,605 as the first minister of Scotland. In total, 1250 members of staff across the country’s 15 universities were paid more than £100,000 per year.

  • Feb 12, 2025 | dailyrecord.co.uk | Paul Dobson |John Ferguson

    The new chairman of the Scottish Conservatives led a company which admitted benefitting from “corrupt payments” made to a Russian firm. Oil drilling multi-national Abbot Group told prosecutors it profited from the transactions which were made in 2007 in relation to a contract to supply oil rigs. Investigative journalism website, The Ferret, has found that at that time the new Tory chair Alasdair Locke was executive chairman and a major shareholder of Abbot, which he also founded.

  • Feb 11, 2025 | bloomberg.com | Paul Dobson

    A five-day slump in Indonesia’s benchmark stock index has left the gauge at a three-year low and approaching a technical bear market. The Jakarta Composite Index closed Tuesday at a level last seen in December 2021. It’s down more than 17% from a peak set in September, having tumbled alongside other markets across Southeast Asia.

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Paul Dobson
Paul Dobson @paul_dobson
11 Oct 24

RT @markets: Subscribe to the all-new Markets Daily newsletter from Bloomberg. Receive expert insight on the forces moving markets right n…

Paul Dobson
Paul Dobson @paul_dobson
8 Oct 24

RT @BloombergTV: LIVE: China markets are reopening after Golden Week holidays, with traders watching for big moves or more stimulus. Foll…

Paul Dobson
Paul Dobson @paul_dobson
6 Sep 24

RT @markets: Chinese banks have built a $100 billion short against the US dollar to prop up the yuan — and hedge funds are eager to get in…