currency

SINGAPORE (July 10): Credit Suisse says the Singapore market is the “place to be” for investors given it is trading at favourable valuations, offers a blend of cyclical exposure and is a beneficiary of higher interest rates.

HONG KONG (July 3): Chinese banks were seen selling dollars after the yuan weakened past a key level, stoking speculation that authorities were seeking to slow the losses.

SINGAPORE (Apr 13): Singapore’s central bank made a measured change to policy, allowing its currency to strengthen in the face of solid economic growth, while also acknowledging mounting risks from a US-China trade war.

(Feb 8): China’s yuan sank the most since the aftermath of the shock devaluation of the currency in August 2015 after trade surplus figures missed estimates and amid speculation policy makers will step up efforts to rein in gains.

(Oct 23): A client of mine was recently interested in a mutual fund that invests in Asian equities. It had a great investment track record and a solid manager; his main reservation was that it was denominated in British pounds (GBP). Given the continuing

SINGAPORE (Sept 5): In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash. 

HONG KONG (May 18): The value of pay and benefits packages for expatriates moving to Hong Kong and Singapore continued to decline last year, according to consultancy firm ECA International.

HONG KONG (April 10): After predicting a “very difficult” encounter with Chinese President Xi Jinping, Donald Trump emerged from their first meeting hailing “an outstanding relationship” between chiefs of the world’s biggest economies.

SINGAPORE (March 27): Singapore’s interest-rate markets are signaling gains for the local dollar as bets grow the nation’s central bank will avoid easing policy next month and some economists are starting to forecast tightening in October.

BAKU (March 23): It took a decade of gains for the Azeri currency to build up trust, and two devaluations to ruin it.