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Next up: blockchain tech trials in income securities trading and cross-border payments
SINGAPORE (March 9): A proof-of-concept project on the use of distributed ledger technology to conduct domestic interbank payments has come to a successful conclusion, announced the Monetary Authority of Singapore on Thursday in a press statement.
March 09, 2017
Currencies
What’s the big deal about redenominating the rupiah?
SINGAPORE (Dec 21): Redenomination of the rupiah (IDR) is back on the cards for Indonesia, revealed the country’s central bank governor, Agus Martowardojo, on Monday.
December 21, 2016
Global Economy
BOJ's Kuroda warns of risks to hitting inflation goal
NAGOYA (Nov 14): Bank of Japan Governor Haruhiko Kuroda said on Monday the economy is sustaining momentum towards hitting the central bank's 2 percent inflation target but risks are tilted to the downside due to uncertainty over the global economy.
November 14, 2016
China Focus
Why yuan devaluation was just what China needed
SINGAPORE (Aug 19): There have been more benefits than costs to China’s decision over a year ago to change its currency fixing levels, even if waves of volatility rocked financial markets after the news was announced on August 11, 2015.
August 19, 2016
Should Asian investors shun Singapore?
SINGAPORE (Aug 5): HSBC Global Research is downgrading its view on Singapore’s equities from “overweight” to “neutral”.
August 05, 2016
Thai central bank to hold key rate again despite weak growth
BANGKOK (May 10): Thailand's central bank on Wednesday is expected to leave its already-low policy rate where it has been for more than a year, letting government spending and tourism take the lead in reviving the weak domestic economy.
May 10, 2016