Policy
China’s October new lending tumbles more than expected despite policy support
NEW bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a wavering economy failed to boost...
Policy swings a key risk for Asian businesses under a Trump administration: DBS’ Tan Su Shan
Thus it is important for business leaders to remain agile and be ready to pivot quickly when things change, she addsASIAN corporates will have to stay agile and be...
Gold eases as US dollar strengthens, traders await Fed policy cues
GOLD prices declined on Monday (Oct 28), pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.Spot gold fell 0.5 per...
PBOC adds outright reverse repo to monetary policy toolbox
CHINA’S central bank is introducing so-called outright reverse repurchase agreements as a monetary policy tool.The People’s Bank Of China (PBOC) will conduct monthly outright reverse repos with primary dealers,...
Popular Aussie-Kiwi cross to test year’s high on policy outlook
INVESTORS see the Australian dollar testing this year’s high against its New Zealand counterpart as policymakers diverge on the interest-rate outlook.The currency pair closed at 1.1049 last week, and...
Vietnam plans capital injection into Vietcombank to support policy goals
VIETNAM is planning to inject 20.695 trillion (S$1.1 billion) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support government policy, the...
US dollar steady near two-month high as markets weigh policy outlook
THE US dollar was perched near it highest in more than two months against major currencies on Tuesday (Oct 15), spurred by wagers the Federal Reserve will proceed with...