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The Australian dollar surges to its strongest position against the American currency in over two years The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking a broad…
Singdollar breaches 1.27 level to strongest since 2014, driven by intervention rumors The Singapore dollar strengthened to its strongest level against the greenback since late 2014 on…
The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations built for…
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient Standard Chartered (StanChart) on Thursday (Dec 18)…
The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around the Malaysian economy grew and trade tensions eased.…
The Straits Times Index (STI) could rise to nearly 10,000 points by 2040 if historical return patternshold, DBS’ Singapore 2040 report indicated. The Singapore dollar could also reach…
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial stability. Beyond mandate, a central bank’s holdings are…
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue currently…
THE dollar strengthened on Friday (May 16) after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff worries jumped,…
Fading US exceptionalism could pave the way for further appreciation of the Singapore dollar against the greenback, said analysts. The Singdollar surged to around 1.29 per US dollar on…
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market watchers warn that…
THE US dollar rose in choppy trading on Friday (Feb 7) after data showed that US job growth slowed in January but that the unemployment rate edged down to 4 per cent, giving the US Federal…
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve…
From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising US dollar pushes their currencies to multi-year lows. Bangko Sentral ng Pilipinas is…
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US job growth slowed sharply in October amid…
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to impact markets.…
