Currency trends Thursday: Fed chief Powell comments taken as dovish, weighing dollar
The U.S. dollar dropped sharply on Wednesday after comments from U.S. Federal Reserve chief Jerome Powell were taken as a dovish signal that the central…
Economy and Trade
Singapore market trends Wednesday: Trade tensions may offset positive Black Friday signs
Singapore shares face mixed signals on Wednesday, as concerns over the U.S. trade war are rising, even as data show American consumers have retained their…
Currency trends Wednesday: US dollar rises amid comments from Fed’s Clarida
The U.S. dollar gained ground on Wednesday as a U.S. Federal Reserve banker made comments the market viewed as hawkish, while sterling fell amid continued…
Nomura: These Asia shares may rally when China’s Xi meets with Trump
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UPDATE: Singapore manufacturing plays rally ahead of closely watched Trump-Xi meeting
Singapore’s manufacturing stocks were rallying on Monday, as some analysts expressed optimism that the upcoming meeting between Chinese President Xi Jinping and U.S. President Trump…
Singapore market trends Monday: Wall Street selloff may be offset by Black Friday turnout
Singapore’s shares will open Monday with a slew of mixed signals, with a selloff on Wall Street on Friday and fears the annual Santa Claus…
Singapore market trends Friday: Brexit reports bolster sterling, while Black Friday news awaited
Singapore’s shares may waffle on Friday amid holidays in the U.S. and Japan and as traders await news on post-holiday retail sales. The holiday Thursday…
Goldman Sachs: Emerging market selldown is overdone
The drop in emerging market equities amid the global market selldown is overdone, with firmer valuations warranted by stable earnings and economic growth, Goldman Sachs…
Singapore 3Q18 NODX rose 8.0 percent as electronics exports continued to decline
Singapore’s non-oil domestic exports, or NODX, grew 8.0 percent on-year in the third quarter, slowing from 9.3 percent growth in the second quarter, as increased…
Singapore 3Q18 GDP grew 2.2 percent on-year, slowing from 2Q18
Singapore’s economy grew 2.2 percent on-year in the third quarter, slowing from 4.1 percent growth in the second quarter, the Ministry of Trade and Industry…