Morgan Stanley said the quick election victory of Indonesia’s incumbent President Widodo set the stage for the continuation of structural reform policies.Read More
Economy and Trade
The disruptions and uncertainty central bankers have been dealing with over the past few years have one root cause, said Yellen on Monday.
Former Federal Reserve chief Janet Yellen said on Monday that global central banks don’t have enough bullets in their policy guns to deal with a crisis.
PSA International, the Polish Development Fund and IFM Global Infrastructure Fund have tied up to acquire Poland’s largest container terminal.
Global fund managers turned even more skittish on equities in March, but were a bit less bearish on the economy, a Bank of America-ML survey showed.
Singapore’s February NODX rose 4.9%, swinging from January’s 10.1% fall, on a pickup in non-electronics exports, according Enterprise Singapore data Monday.
Singapore’s 2019 budget will have some clear losers: Labor-intensive service industries, such as retail, hospitality and food and beverage.
Creative Technology landed a mention in Singapore’s budget speech on Monday, as Finance Minister Heng Swee Keat sought to highlight the importance of the entrepreneurial…
Singapore’s NODX declined 10.1% on-year in January, off a high year-ago base, extending December’s 8.5% decline, Enterprise Singapore said Monday.
Singapore’s 4Q18 economic growth slowed to 1.9% on-year as the construction and wholesale & trade sectors contracted, MTI said Friday.
Hopes for a spending spree in the upcoming Singapore budget are too high, although an expansionary budget is likely, BofA-ML said in a late January note.
EC World REIT’s unit price has dropped around 10 percent since its 2016 initial public offering, taking a hit alongside a host of China-focused investments as concerns over the U.S. trade war hurt sentiment.
OCBC downgraded Hutchison Port Holdings Trust, or HPHT, to Sell from Buy after its earnings missed following a large goodwill write-down.
Fund managers remained bearish, with cash overweights at their highest since the Global Financial Crisis, the BofA-ML February fund manager survey found.
Hutchison Port Holdings Trust reported Tuesday a 4Q18 net loss of HK$12.11B, swinging from a year-ago profit on impairments related to trade tensions.
The U.S. dollar dropped sharply in the wake of dovish comments from the U.S. Federal Reserve, marking what could be a sea-change in its long-drawn…
Brexit bickering continued in the U.K., but sterling rallied on Thursday, while the euro recovered early losses after the European Central Bank kept policy unchanged,…