Coffee trading is slowing in Vietnam, the top robusta producer, on expectations that a larger harvest and changes to the London futures contract next year will give buyers bigger discounts.Roasters and traders are delaying purchases on bets that a bigger crop currently being gathered will push prices lower, according to traders attending the Asia International Coffee Conference in Ho Chi Minh City last week.

Go-Jek, Indonesia’s biggest ride-hailing service, agreed to acquire three local financial-technology companies, underscoring its ambition to become the dominant player in the country’s nascent digital-payments industry.The deals bring together Kartuku, Indonesia’s largest offline payments-processing company; Midtrans, the nation’s top online-payment gateway; and Mapan, a local community-based saving and lending network, Go-Jek said in a statement Friday.Collectively, Go-Jek and the three comp

As central banks around the globe get ready to pull the trigger on interest rates, Southeast Asia’s biggest economy is in no rush to do the same.After reducing interest rates eight times since the beginning of last year, most recently in August and September, it’s unclear how Bank Indonesia will proceed next year: economists are split on whether policy makers will hike, keep rates unchanged or ease some more.“Strong growth and higher inflation, coupled with continued Fed rate hikes, should pu

A small economy that’s constantly battling risks beyond its control like typhoons and oil prices has been one of the most successful in managing inflation in Asia.The Philippine central bank, which has an annual inflation target that’s currently set at two percent to four percent, met its goal six times in the past eight years and the two times it failed were because prices were too low.

Southeast Asia’s internet economy, spanning online travel to ride-hailing, will reach $50 billion this year, putting it on a solid trajectory to grow fourfold by 2025, according to a joint research report by Google and Temasek Holdings Pte.As more consumers buy airline tickets and book hotels through smartphones, the region’s online travel market expanded from $19.1 billion in 2015 to $26.6 billion in 2017, according to a report the two companies released Tuesday.

Most Asian equities fell as traders await US and European central bank meetings this week for further clues on the 2018 policy outlook. The dollar was steady and oil extended gains above $58 a barrel.The Nikkei 225 Stock Average retreated from a 26-year high, and Hong Kong and Chinese shares slipped, after US stock indexes hit fresh highs overnight. Most major American gauges advanced, led by more than 1 percent increases in media, telephone and technology-hardware shares.

The seminal financial event of this year, the current decade, and possibly our generation is here: Futures trading in bitcoin has begun.But the derivative that would really damp the current crypto frenzy and make digital tokens a speculator-friendly – if not investment-worthy – commodity, currency, tulip, or whatever, isn't futures. It's options.It's hard to see how even existing futures trading rules can deal with something as volatile as bitcoin.Cboe Global Markets Inc.

Fitch Ratings raised the Philippines sovereign rating in a boost for President Rodrigo Duterte’s economic plans, which include a tax reform that’s set to strengthen the fiscal outlook.The rating on the nation’s long-term foreign currency-denominated debt was raised one level to BBB with a stable outlook, Fitch said in a statement on Monday.

Elaine Ou, a blockchain engineer and Bloomberg View columnist, answered questions about cryptocurrencies from Bloomberg Terminal customers in a TOPLive chat on Tuesday with Julie Verhage, who covers markets for Bloomberg News. Since then, bitcoin has skyrocketed to new heights and Cboe Global Markets Inc. plans to launch bitcoin futures trading on Sunday. Here's a lightly edited transcript.Verhage: Bitcoin and other crypto-assets have had crazy runs this year.

Asian markets rallied on Friday, bringing a volatile week to a positive end as tech firms extended their rebound while investors tracked advances on Wall Street following reports Donald Trump is planning to unveil a big-spending public works plan.Global equities have struggled this week, hit by profit-taking, fears over the progress of a probe into Russia's US election meddling, stumbling Brexit talks and President Trump's recognition of Jerusalem as Israel's capital.The issues