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YEN SLIDES TO 32-YEAR LOWS
The yen tumbled past the key psychological level of 150 to the dollar on Thursday (Oct…
TOO SMALL FOR BANKS, SOME SMEs ARE TURNING TO MONEYLENDERS
Small and Medium Enterprises Association (Samenta) chairman William Ng said that many businesses are now turning…
HIGHER US YIELDS CONTINUE TO WEIGH ON RINGGIT
The ringgit continued to weaken against the US dollar as demand for the greenback appreciated further…
SURGING DOLLAR CAUSES PAIN GLOBALLY
A surging US dollar is making local currencies weaker and contributing to skyrocketing prices of everyday…
BANKS HAVE ONLY 20% OF FLEXIBLE FUNCTIONALITY TO IMPRESS CUSTOMERS
Mobiquity has today released its latest Digital Banking Features Radar, which reveals banks have only 20…
TOP 500 ASSET MANAGERS REACH NEW US$131 TRILLION RECORD
Assets under management (AuM) at the world’s 500 largest asset managers reached a new record of…
RINGGIT ENDS LOWER AGAINST US DOLLAR, CLOSER TO ALL-TIME LOW
The ringgit extended last week’s downtrend to close lower against the US dollar today, nearing the…
STRONGER S$ LESS HELPFUL FOR EXPORTERS
Local steel processing and servicing firm Kawarin Enterprises has, in one respect, reaped the benefits of…
WHAT MAS TIGHTENING MEANS FOR INFLATION, INTEREST RATES AND THE S$
Not letting up the fight against inflation, Singapore’s central bank on Friday (Oct 14) tightened monetary…
US$50 BILLION SPENT TO DEFEND ASIAN CURRENCIES VS STRONG USD
Asian governments spent about $50 billion in foreign-exchange reserves last month — the highest level since…