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LATEST

Spain and France wildfires force more than 300,000 to flee as Macron calls crisis meeting●Budget Squeeze on Brazil’s Central Bank Raises Concern Over Pix’s Security and Scale●Russia adopts AI regulations, lags behind in the race●AI Boom Makes Chipmaker CXMT China’s Most Valuable Company●7 Hong Kong developers bid for waterfront project as Kowloon renewal gathers pace●Oil prices fall as US pauses strikes on Iran over strait of Hormuz●Foreign Money Returns to Brazil’s Stock Market After Two Months of Outflows●UK bond yields fall to one-week low as oil prices retreat●Spain and France wildfires force more than 300,000 to flee as Macron calls crisis meeting●Budget Squeeze on Brazil’s Central Bank Raises Concern Over Pix’s Security and Scale●Russia adopts AI regulations, lags behind in the race●AI Boom Makes Chipmaker CXMT China’s Most Valuable Company●7 Hong Kong developers bid for waterfront project as Kowloon renewal gathers pace●Oil prices fall as US pauses strikes on Iran over strait of Hormuz●Foreign Money Returns to Brazil’s Stock Market After Two Months of Outflows●UK bond yields fall to one-week low as oil prices retreat●

Asia

Global Market: Singapore Central Bank surprises markets with policy tightening amid inflation risks

Markets-Economic Times · 2h ago · 🇮🇳 India

Global Market: Singapore Central Bank surprises markets with policy tightening amid inflation risks

Singapore's central bank unexpectedly tightened monetary policy on Monday. Persistent inflation risks from elevated energy costs prompted the move. The Monetary Authority of Singapore will slightly increase its exchange rate appreciation. This surprise decision boosted the Singapore dollar against the US dollar. Economists view this as a preventive step against future price pressures.

Read the full story at Markets-Economic Times →

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