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Singapore economy
Economists expect easing of exchange rates as Singapore fights off technical recession
SINGAPORE (Sept 19): Singapore is forecast to dip into a technical recession in the current quarter ending Sept 30, say economists at Oxford Economics.
September 19, 2019
Global Economy
Stay braced for two more Fed hikes in 2017, economists say
WASHINGTON (June 13): The Federal Reserve will increase interest rates twice more in 2017 and begin shrinking its balance sheet before year’s end despite a clear downturn in the outlook for inflation, according to 43 economists surveyed by Bloomberg.
June 13, 2017
Broker's Calls
Why it’s too early for property investors to celebrate strong March new home sales
SINGAPORE (April 19): DBS Vickers Securities believes investor euphoria over Singapore’s March new private home sales figures, which was recently reported to have risen 111% to a record 1,780 units – the highest since property prices peaked in June
April 19, 2017
Global Economy
Yellen says Fed's focus has shifted to holding growth gains
WASHINGTON (April 11): Federal Reserve Chair Janet Yellen said the US central bank’s task has shifted from a post-crisis exercise of healing the economy to one aimed at holding on to progress made.
April 11, 2017
Cannabis stocks soar more than 130% in Australia
LONDON (March 24): There’s a buzz in Australia’s stock market. Shares of companies involved in the cultivation, production and research of medicinal marijuana have on average soared more than 130% in Sydney this year. That’s six times higher than th
March 24, 2017