Singapore stops tightening amid faltering growth

A Singapore dollar note in a May 31, 2017 photo. Photo: Reuters/Thomas White/Illustration/File Photo

SINGAPORE – Singapore’s central bank defied expectations that it would tighten monetary policy for a sixth time since October 2021, announcing on Friday (April 14) that it would keep its policy settings unchanged despite stubborn price pressures at a 14-year-high and amid advance estimates that first-quarter economic growth fell well short of expectations. The bellwether […]Continue Reading

TOKYO: The Japanese government lifted an evacuation order for residents of the northern island of Hokkaido, saying the country’s J-Alert emergency warning system had made an erroneous prediction a missile would fall near the island. Japan’s government urged Hokkaido residents to take shelter on Thursday morning (Apr 13) after NorthContinue Reading

Xi topping Biden in New Cold War’s economic game

If you think of the global economy as a giant chess match, China’s Xi Jinping now seems a few moves ahead of US President Joe Biden. That’s a plausible take on China’s leader hosting French President Emmanuel Macron in Beijing in recent days. Tesla billionaire Elon Musk was in China to double down on the […]Continue Reading