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BUSINESS

Dollar funding demand grows as risk aversion rattles markets

Bloomberg News, Published on 07/04/2025

» SINGAPORE - Demand for dollar funding picked up momentum on Monday as deepening risk aversion rattled the global financial market.

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BUSINESS

AI model 'better' at pricing currencies than humans

Bloomberg News, Published on 25/09/2024

» LONDON - ING Groep NV is starting to use artificial intelligence (AI) to price currencies, replacing a job traditionally performed manually by the bank's traders.

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BUSINESS

Asian central banks deploy FX reserves to fight currency bears

Bloomberg News, Published on 04/08/2022

» Asia’s emerging economies are drawing on large foreign exchange reserves to help prop up their currencies rather than going all-out with interest-rate hikes.

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BUSINESS

Strategists favour Singapore, dividend stocks in hawkish Asia

Bloomberg News, Published on 14/07/2022

» Surprise policy tightening moves announced by central banks in Singapore and the Philippines signal Asia is now fully awake to the threat of accelerating inflation and is playing catch up with its global peers.

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BUSINESS

Baht falls most in a month after govt raises Covid alert level

Bloomberg News, Published on 06/01/2022

» The baht fell the most since late November after the government raised the Covid-19 alert to the second-highest level, further dimming the recovery of the tourism sector.

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BUSINESS

Baht at crossroads as economy seen bottoming out this year

Bloomberg News, Published on 31/08/2020

» The baht could be at a turning point. It’s the second-worst performing currency in Asia this year, but expectations that the economy may bottom out over the next few months is spurring some bullish bets.

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BUSINESS

‘Tsunami of risk aversion’ hits Asian stock markets

Bloomberg News, Published on 06/08/2019

» SINGAPORE: Asian stock investors woke up to another day of market slumps after salvos from the US and China in their ongoing trade war.