Let’s get you up to speed with the day’s stories. Hong Kong will end mandatory hotel quarantine from Monday (Sep 26). All international arrivals will be able to return to the accommodation of their choice but will have to self-monitor for three days after entering the city. During that period, they willContinue Reading
The monetary policy adopted by MAS will have an effect on the Singapore dollar, which has strengthened against some currencies. Continue Reading
How do they actually it? Experts speak metaphorically when they say, as I furthermore sometimes do, present problems with recession/inflation (r/i) are due to governments’ policy of printing too much money. As well, when they discuss the “cure. ” they blithely speak about raising the eye rate, as if this kind of action is equivalent to turning down some […]
The posting The mechanics of recession, inflation appeared first upon Asian countries Times .
SINGAPORE: Oil prices fell on Friday amid recession fears and a more powerful U. S. money, though losses had been capped by provide concerns after Moscow’s new mobilisation advertising campaign in its war with Ukraine and a good apparent deadlock in talks on refreshing the Iran nuclear deal. Read full tale Continue Reading
America Federal Reserve reported another steep rate hike this week.Continue Reading
KUALA LUMPUR: The FBM KLCI remained in negative territory at midday amid cautious sentiments across the region as central banks globally raise rates. Read full story Continue Reading
The particular dollar, which has increased to multi-decade highs against its major peers as well as growing currencies, held its strength. Traders are maintaining a close eye upon developments following the Japanese finance ministry’s involvement to support the yen , after it hit a new 24-year low of 146 againstContinue Reading
Greg Norman, the head of the controversial Saudi-backed LIV Golf tour, faced some conservative criticism on Tuesday after he met with a group of House Republicans behind closed doors on Capitol Hill.Continue Reading
JAKARTA: Indonesia’s central bank offers reinstated rules to sanction natural resources exporters that do not receive their earnings through domestic banks, deputy governor Juda Agung said upon Thursday (Sep 22). Indonesia in 2019 issued rules requiring organic resource exporters to put their earnings in the domestic banking system, with theContinue Reading
HONG KONG: Hk is set to end the year in the midst of a full-on recession, the city’s finance chief cautioned on Thursday (Sep 22), as COVID-19 controls and spiralling interest rates hammer the particular economy. “There is a very high chance for Hong Kong to record an adverse GDPContinue Reading