SINGAPORE Kenya's scrapping of a cap on banks' lending rates has removed one of the concerns the central bank had about cutting interest rates, its governor said on Tuesday, adding that monetary policy direction was "clear".
NABIPUR, India/KULAI, Malaysia, Oct 18 When night falls in the Indian village of Nabipur, the backyard furnaces come to life, burning waste tyres from the West, making the air thick with acrid smoke and the soil black with soot.
NABIPUR, India/KULAI, Malaysia When night falls in the Indian village of Nabipur, the backyard furnaces come to life, burning waste tires from the West, making the air thick with acrid smoke and the soil black with soot.
SINGAPORE Singapore's central bank eased monetary policy for the first time in three years on Monday, as widely expected, with the city-state's bellwether economy narrowly dodging recession.
HONG KONG Hong Kong police fired tear gas to disperse protesters in the upmarket Causeway Bay shopping district on Sunday, after demonstrators had rallied at the U.S. Consulate calling for help in bringing democracy to the Chinese-ruled city. | Video
HONG KONG Hong Kong police prevented anti-government protesters from blocking access to the airport on Saturday, but fired tear gas for a second night running in the Chinese-ruled city's densely populated district of Mong Kok in the 14th week of unrest. | Video
SINGAPORE, July 9 Singapore's Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in value, and the state investor said it was increasingly focusing new investments in North America, Europe and on unlisted firms.
SINGAPORE Singapore's Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in value, and the state investor said it was increasingly focusing new investments in North America, Europe and on unlisted firms.
SINGAPORE Singapore sovereign wealth fund GIC Pte Ltd, among the world's biggest investors, said it is now more cautious about markets compared to last year and is bracing for low returns due to high valuations and slowing economic growth.
* Says not worried about future of HK as global financial hot spot
Prime Minister Boris Johnson's Conservative Party was on course for a resounding victory in Britain's election after voters backed his bid to deliver Brexit on Jan. 31, the country's most significant geopolitical move in 70 years.