Asian shares shaky as investors wary before US inflation dataAsian stocks hesitated in early trade amid anticipation for a crucial U.S. inflation reading. Concerns over potential Japanese intervention...
How Singapore's job slowdown may impact non-resident Indians in city-stateAs of June 2021, Singapore has 7.5 per cent or 300,000 ethnic Indians, data from Singapore Department of Statistics showed. Singapore has a...
Asia FX bears hit record high on hawkish Fed, China growth worries: PollThe Fed's rate decisions have often been a yardstick for local central banks to frame policy. However, given the lagging pace of economic r...
Asia FX bears hit record high on hawkish Fed, China growth worries: PollShort positions in the South Korean won, the Singapore dollar , the Malaysian ringgit, and the Philippine peso hit their highest on record,...
Charting the global economy: Export limits worsen food securityIn the US, consumer spending held up well despite decades-high inflation, and showed more evidence that they’re dipping into their savings ...
Food protectionism spreads with Malaysia poultry export banMalaysia will halt exports of 3.6 million chickens a month from June 1, and investigate allegations of cartel pricing, Prime Minister Ismai...
Reluctant emerging Asia central banks could delay rate hikes until 2022All eight emerging Asian economies are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bl...
Oil slides again, squeezed between coronavirus demand hit and price war biteBrent crude fell $1.13 to $32.72 a barrel by 0230 GMT, tumbling after last week's plunge of 25%, the largest weekly fall since 2008.
Economists are watching these indicators to gauge trade war painThe tension between the US and its partners, pose one of the biggest threats to global growth.
- Singapore tighten curbs on foreign workers after backlash over cost of living
Singapore PM Lee Hsien Loong will expand public housing and medical benefits and tighten curbs on foreign workers.