Asian currencies

Asia FX

Smartphone apps bury the case for a pan-Asian currency

Unrealistic as it was technically, the idea of a pan-Asian currency always had some political support, says Bloomberg's Mukherjee.

Forex

Singdollar poised to outperform Southeast Asian peers

Singapore’s comparative success in dealing with Covid-19 may soon set the local dollar apart from its neighbors.
Spindex Industries posts 53.1% higher earnings of $9.6 mil for 1H21 - THE EDGE SINGAPORE

Results

Spindex Industries posts 53.1% higher earnings of $9.6 mil for 1H21

Spindex was highlighted as one of The Edge Singapore’s stocks to watch in Issue 970 for its attractive valuations.

Broker's Calls

Market rally cools as investors reap their profits

The Dow slipped sub-30,000. Down 0.6% on Wednesday; the S&P 500 fell 0.2% as well despite a 0.5% rise in the NASDAQ.

Global Economy

Asian economic growth slated for moderate slowdown: SSGA

SINGAPORE (July 4): Asia’s economic growth is expected to continue to weaken against a backdrop of unresolved trade tensions, according to asset manager State Street Global Advisors (SSGA), the investment management arm of State Street Corporation.

Currencies

Singapore dollar at 1-1/2-year high as Asian currencies get off to strong start for 2018

(Jan 2): Asian currencies firmed on Tuesday, marking a strong start for the new year as sentiment was boosted by gains in the euro, while a weaker US dollar prompted further interest in Asia.

Currencies

How strategists are trading crude's moves in Asia currencies

(Nov 15): Sell the Indian rupee and Philippine peso. Buy the Malaysian ringgit and Singapore dollar. Bet the ringgit will strengthen against Indonesia’s rupiah.
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