Category: FinanceAsia
Markets tumble as US Fed signals end of pandemic-era cheap cash
Equity markets tanked Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by US Federal Reserve boss Jerome Powell, who signalled the [...] » More
Asian markets slump as Fed signals end of pandemic-era cheap cash
Equity markets tanked in Asia on Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by Federal Reserve boss Jerome Powell, who [...] » More
Asian shares slump as Powell warns on inflation
Asian shares fell to their lowest in more than 14 months, short-term US yields rose to 23-month highs and the dollar strengthened on Thursday after the Federal [...] » More
IMF cuts GDP growth forecast for Asean-5
The International Monetary Fund (IMF) has slashed the economic growth forecast for member countries of the Association of Southeast Asian Nations (Asean) as the global [...] » More
Asian shares cautiously higher as investors await Fed policy update
Asian share markets got off to a cautious start on Wednesday, after another volatile Wall Street session, as investors braced for the outcome of the Fed’s meeting late [...] » More
Asia markets dive as volatility sweeps globe ahead of Fed meeting
Asian markets plunged today following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve’s plans to hike interest rates, with attention [...] » More
Yuan overtakes yen in global transaction volume
It turns out growing 8.1 percent wasn’t the most important 2021 milestone for China’s economy. That honor goes to Beijing’s currency topping the yen to [...] » More
IMF: Cryptoassets, stablecoins share currently small, but could grow rapidly
The share of cryptoassets and stablecoins in relation to the money supply is currently small, thus their impact on the monetary and financial system at this point is limited [...] » More
Asian shares, U.S. futures slide as traders fret about Ukraine, rate rises
Asian shares and U.S. futures tumbled on Tuesday after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal [...] » More
Asian, European markets follow Wall Street down as traders eye Fed meeting
Most markets sank in Asia and Europe today following another painful sell-off on Wall Street, with investors’ focus on the Federal Reserve’s next policy meeting this [...] » More
Asia shares brace for hawkish Fed, Ukraine tensions
Asian share markets slipped on Monday as investors braced for a Federal Reserve meeting at which it is expected to confirm it will soon start draining the massive lake of [...] » More
JERDE hires Peter Priebe as Chief Executive Officer and elevates Phil Kim to Board Chair
(Singapore, 21 January 2022) JERDE (The Jerde Partnership), an iconic and internationally renowned architecture and urban planning firm, announced that Peter Priebe has [...] » More
Asian markets fall after weak showing on Wall St, oil tumbles
Asian share markets and U.S. futures fell on Friday, after U.S. stocks took a knock overnight, hurt by lingering concerns over the Federal Reserve’s tightening and [...] » More
Banks in Asia-Pacific must ‘make up ground fast’ in implementing sustainability practices, according to Mazars study
Banks in the Asia-Pacific region need to “make up ground fast” in terms of implementing sustainability practices, as their global peers have made significant [...] » More
World Bank chief contrasts Microsoft deal with poor countries’ debt
After Microsoft announced it would spend tens of billions of dollars to buy a video game company, World Bank President David Malpass on Wednesday drew a contrast between the [...] » More
