Showing 1 - 10 of 4,472
Myanmar poverty deepening, says World Bank
Published on 12/06/2024
» Poverty in Myanmar is more widespread than at any time in the last six years, while economic growth in the conflict-torn country is likely to remain at 1% with little respite in sight, the World Bank said on Wednesday.
Vietnam may permit gold imports for first time in years
Reuters, Published on 12/06/2024
» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.
Macron gambles on investor faith
News, Published on 12/06/2024
» French President Emmanuel Macron has taken a serious gamble in calling early parliamentary elections. The consequences of putting politics above economic stability could be profound. Financial markets don't like unnecessary or unexpected political volatility, especially at the core of the European Union. The electorate only gets to vote at elections; financial markets get to vote every day, and so far, they're giving a thumbs down to Mr Macron's ploy.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.
New finance minister a calming influence
Published on 29/05/2024
» SINGAPORE - Thailand’s new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support the country’s battered markets.
IBM touts future accessibility of AI at companies
Business, Suchit Leesa-nguansuk, Published on 27/05/2024
» IBM, a global technology firm, foresees a future in which small language models will make artificial intelligence (AI) more accessible to organisations.