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SINGAPORE (June 28): The largest impact on Asia-Pacific economies will come through the massive confidence shock triggered by Brexit, which will spill over to the Asian real economy and cause output growth to slow, says Scotiabank.
SINGAPORE (June 28): Risk-off sentiment resulting from the Brexit decision is likely to continue to weigh on oil prices, making it it more difficult for oil to trade sustainably above the US$50/bbl level in the near-term, says DBS in a Monday report.
SINGAPORE (June 28): Oxley Holdings on Monday night said it expects limited impact from the currency conversion from Sterling pound (GBP) to Singdollar (SGD).
SINGAPORE (June 28): BNP Paribas’ economic research department has revised its forecasts down by about 0.3pp this year and almost 1.5pp for 2017, with additional expectations of 2018 growth to be “marginally lower than previously assumed”, as the le
NEW YORK (June 28): Gold rose on Monday, staying close to the more than two-year high hit on Friday, as uncertainty over Britain's vote to leave the European Union pushed investors to sell equities and seek safer assets.
(June 27): Barclays Plc and Royal Bank of Scotland Group Plc had their shares halted as the banks plunged to the lowest level since the financial crisis, accelerating declines after the UK’s vote to leave the European Union sparked fears about political