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TOKYO, May 10 (Reuters) – Benchmark 10-year Japanese government bonds (JGBs) were flat on Monday after moderate buying at the Bank of Japan’s bond purchase operations, while the sentiment was weak as a fall in the U.S. Treasury yields was limited despite disappointing U.S. jobs data. The benchmark 10-year Treasury yield, which fell to two-months low on Friday following data […]
Read moreSINGAPORE – Singapore’s small and medium-sized enterprises (SMEs) have mostly recovered from the depths of last year’s Covid-19-induced slump, according to an index compiled by OCBC Bank and launched on Wednesday (May 5). This is the first time that the OCBC SME Index has turned expansionary, exceeding 50, since the pandemic began a year ago. The bank tested the index […]
Read moreJAKARTA (REUTERS) – Indonesia’s economy shrank for the fourth straight quarter in January-March but at a much more modest pace as the government boosted spending and higher commodity prices helped exports, statistics bureau data showed on Wednesday (May 5). The outlook, however, is being clouded by continued Covid-19 infections, which are weighing heavily on household consumption, the biggest component of […]
Read moreSINGAPORE – Singapore is committed to investing in innovation and research and development, as it must adapt even faster in a complex post-pandemic world, said Deputy Prime Minister Heng Swee Keat on Tuesday (May 4). He was speaking at the launch of iLab 2021, a three-day virtual innovation festival organised by American consumer goods giant Procter & Gamble (P&G), in […]
Read moreApril 30 (Reuters) – The U.S. Treasury Department is expected to keep the sizes of debt auctions unchanged for a second-consecutive quarter when it announces its quarterly refunding next week, analysts said. The looming reinstatement of the debt ceiling may also be addressed when the Treasury announces its borrowing requirement for the second quarter on Monday, followed on Wednesday with […]
Read moreSINGAPORE (THE BUSINESS TIMES) – Bank lending continued its growth streak in March, rising 0.7 per cent on higher housing loans, data from the Monetary Authority of Singapore (MAS) showed on Friday (April 30). Loans through the domestic banking unit – which captures lending in all currencies but reflects mainly Singapore-dollar lending – stood at $691.23 billion in March, from $686.73 […]
Read more* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Rewrites to focus on German inflation data, adds graphic) LONDON, April 29 (Reuters) – Euro zone government bond yields rose across the board on Thursday ahead of a set of German inflation data that is expected to be exceed the European Central Bank target for a second month in a row. With […]
Read moreSINGAPORE – Europe can be a “natural partner” for Singapore in three areas, Trade and Industry Minister Chan Chun Sing said on Thursday (April 29). These are: providing a secure and reliable environment where businesses can anchor themselves; connecting people, businesses, and ideas through digitalisation; and working towards sustainability by growing the green economy. Mr Chan was speaking at the […]
Read moreSINGAPORE – While Singapore’s economy has been recovering smartly, bolstered by robust trade-related industries like manufacturing, some sectors remain lacklustre and others could see slower growth in the months ahead. In particular, the travel-related sector has not shown much indication of a revival, with the air transport segment remaining muted and hotel occupancy in Singapore falling after the year-end demand […]
Read moreSINGAPORE – Singapore’s economy has almost recovered the output lost during the first half of 2020, although its growth momentum eased in the first quarter of this year. But while the outlook for Singapore’s economy has improved, projected growth outcomes across sectors have become even more lopsided than previously predicted, the Monetary Authority of Singapore (MAS) noted in its biannual […]
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