Reserves accumulated in the past have allowed Singapore’s government to spend “quite liberally” to get out of the pandemic-induced crisis, says Joseph Incalcaterra of HSBC.
Singapore is in an ‘enviable’ financial position, says HSBC economist
Reserves accumulated in the past have allowed Singapore’s government to spend “quite liberally” to get out of the pandemic-induced crisis, says Joseph Incalcaterra of HSBC.
Singapore brands face Myanmar boycott for ‘supporting the dictatorship’
The campaign began spreading last night after Singapore Foreign Affairs Minister Vivian Balakrishnan said the city-state should focus on conducting business in Myanmar and not weigh in on its …
Singapore brands face Myanmar boycott for ‘supporting the dictatorship’
The campaign began spreading last night after Singapore Foreign Affairs Minister Vivian Balakrishnan said the city-state should focus on conducting business in Myanmar and not weigh in on its …
Millennium Spinoff Fund Bets on Indonesia, Singapore Currencies
A macro hedge fund spun out of Millennium Management LLC is building bullish positions in the Indonesian rupiah and Singapore dollar, betting that measures adopted by the two countries could boost …
Asia-Pacific stocks slip as investors watch Treasury yields; Taiwan surges 3%
The benchmark 10-year Treasury yield jumped 9 basis points on Tuesday to top 1.3% — a level not seen since February 2020. The yield on the 10-year Treasury last stood at 1.3006%. SINGAPORE — Stocks in …
Asia-Pacific stocks slip as investors watch Treasury yields; Taiwan surges 3%
The benchmark 10-year Treasury yield jumped 9 basis points on Tuesday to top 1.3% — a level not seen since February 2020. The yield on the 10-year Treasury last stood at 1.3006%. SINGAPORE — Stocks in …
Hedge fund bets on Indonesia, Singapore currencies strengthening
It is betting that measures adopted by the two countries could boost their currencies.. Read more at straitstimes.com.
Closing borders to India, Indonesia travellers will impact Singapore economy
If Singapore closes its borders to travellers from India and Indonesia over Covid-19 fears, there will be widespread social and economic impact for Singaporeans.
Singapore puts budget focus on transformation, innovation
After tilting last year’s budget towards “emergency support” in light of the global pandemic, Singapore’s government will spend SG$24 billion ($18.1 billion) over the next three years to help local …