Policy
Singapore dollar rises to 18-month high amid tighter policy view
THE Singapore dollar extended gains to an 18-month high versus the greenback as forecasts for the Monetary Authority of Singapore (MAS) to keep a tighter monetary policy relative to...
China new loans hit 15-year low in July, more policy steps expected
CHINA’S bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years, dragged down by tepid credit demand and seasonal factors and raising expectations that...
BOJ didn’t see July hike as policy tightening, summary shows
A SUMMARY of opinions from the Bank of Japan’s Jul 31 board meeting showed that authorities believed monetary policy would remain accommodative even as they conducted a small interest...
UK Government Scraps £1.3bn Earmarked for AI and Tech Innovation
The U.K. government has shelved £1.3 billion worth of funding that had been earmarked for AI and tech innovation. This includes £800 million for the creation of the exascale...
Opec+ sticks to oil policy, repeats could pause Oct hike
A MEETING of top Opec+ ministers has kept oil output policy unchanged including a plan to start unwinding one layer of output cuts from October, and repeated that the...
PBOC to change one-year loan operation date in policy shift
CHINA’S central bank is planning to move the date on which it injects one-year liquidity to domestic lenders to the 25th of each month, according to sources familiar with...
Singapore stocks slip slightly after MAS maintains monetary policy; STI down 0.1%
SINGAPORE shares ended slightly lower on Friday (Jul 26), after Singapore’s central bank left its monetary policy settings unchanged for the fifth straight meeting, in line with market expectations.The...
Microsoft Charged for Violating EU Antitrust Rules by Bundling Teams With Other Office Products
Microsoft has been charged by the EU for breaking antitrust rules. The European Commission claims that by bundling Teams into the Office 365 and Microsoft 365 suites, the company...
