
Singapore economic growth deteriorates more than market expectations in Q3
Oct 14, 2016 06:12 am UTC| Commentary Economy
The gross domestic product of Singapore deteriorated more than what markets had initially anticipated during the third quarter of this year. Singapores GDP fell by 4.1 percent q/q on a seasonally adjusted annual rate in...
Oct 14, 2016 05:03 am UTC| Commentary Central Banks
The Monetary Authority of Singapore (MAS) left policy stance unchanged at the monetary policy meeting held today, largely in line with expectations. Moreover, it is likely to remain neutral in the long-term. The Monetary...
Asian markets marginally higher, gold stable around $1,255
Oct 14, 2016 04:45 am UTC| Commentary
Major Asian indices were trading marginally higher on last working day of the week. On the other side, gold and silver were also trading lower. Gold was trading around $1,255 and silver was trading around $17.41 marks....
Scottish First Minister announces draft bill for a second referendum
Oct 13, 2016 15:39 pm UTC| Commentary
Scottish First Minister and SNP Chief Nicola Sturgeon announced on Thursday that the Scottish Government will publish draft legislation on holding a second independence referendum next week. In the first referendum vote...
China surpasses U.S. as world's top crude importer in September
Oct 13, 2016 15:05 pm UTC| Commentary
Data released by customs earlier on Thursday showed that China imported record volumes of crude oil in September. Customs data showed Chinas September crude imports rose 18 percent from a year earlier to 33.06 million...
Japan households' inflation expectations weaken for the fifth straight quarter
Oct 13, 2016 14:37 pm UTC| Commentary
Bank of Japans (BOJ) latest survey regarding Japan households inflation expectations showed on Tuesday that the ratio of households which expect prices to rise a year from now stood at 65.1 percent in September, down from...
FOMC minutes strengthen case for December rate hike
Oct 13, 2016 14:06 pm UTC| Commentary
The United States Federal Open Market Committee left the benchmark lending rate unchanged in a range of 0.25 percent to 0.5 percent for the sixth straight meeting in September. Minutes of the September meeting released...