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foreign exchange
Currencies
Singapore dollar is new short as Asian haven falls from favour
The bearish tilt for the Singapore dollar is a complete turnaround from last year
January 17, 2023
China Focus
Hong Kong finance chief says 'huge' reserves will maintain peg
Hayman Capital Management’s Kyle Bass claimed the reserves could be exhausted by the end of next month.
July 24, 2022
Currencies
Enjoy Europe without a trip to Changi
The Singapore dollar is now at an all-time high against the euro.
July 21, 2022
Broker's Calls
Food Empire kept at 'buy' on appreciating Russian currency
Improved outlook for Food Empire on appreciating Russian currency
June 09, 2020
Global Economy
Briefs
SINGAPORE (Sept 23): “I don’t want you to listen to me. I want you to listen to the scientists. And then I want you to take real action.” – 16-year-old climate change activist Greta Thunberg addressing the US Congress on Sept 19.
September 20, 2019
Forex
Singapore keeps its spot as one of world's largest foreign exchange centres
SINGAPORE (Sept 17): The Monetary Authority of Singapore (MAS) announced that Singapore’s average daily foreign exchange (FX) trading volume has increased by 22% to reach an all-time high of US$633 billion ($871 billion) from US$517 billion in April 201
September 17, 2019
Fintech
Western Union launches co-located money transfer services at Singapore worker dormitories
SINGAPORE (Jan 17): Western Union has partnered Travelex, an independent foreign exchange (forex) and remittance business, to co-locate its money transfer services within five worker dormitories at Simpang, Mandai, Choa Chu Kang, Penjuru and Jalan Papan.
January 17, 2019
Broker's Calls
Forex weakness to impact RHT Health Trust's disposal of assets
SINGAPORE (June 14): CGS-CIMB Securities continues to rate RHT Health Trust a “hold”, but has lowered its target price on the group to 81 cents following its weak FY18 results, which was attributed to weakness of the INR to SGD.
June 14, 2018
Broker's Calls
Why 'crisis' valuations' for Genting Singapore is unjustified: Maybank
SINGPAPORE (Apr 10): Maybank Kim Eng is reiterating its “buy” call on Genting Singapore (GENS) with $1.46 target.
April 10, 2018
Currencies
The yuan is Hong Kong's new darling as investors chase higher yields
HONG KONG/BEIJING (Aug 17): The big ball of money in Hong Kong is rolling to the yuan, and the local dollar is suffering.
August 17, 2017