economics

The Nobel prize “confers on an individual an authority which in economics no man ought to possess.”

Banks, with their wide customer base, are well positioned to assess the financial health of households and businesses.

Easy, short-term remedies without addressing underlying problems have long-term consequences that ultimately compound the pain.

Rising asset prices disproportionately benefit the rich, which own-control the majority of the world’s real and financial assets.

To be clear, we do not think there will be runaway inflation since there remains plenty of slack in the economy, including high unemployment, in the aftermath of the pandemic.

(Dec 27): Domestic politics, geopolitics and economics will be intertwined in 2020 to an extent unmatched in decades. Weak economic performance and problematic governance in much of the world risk setting in motion a vicious circle: Adverse economic outco

SINGAPORE (May 28): RHB Research is turning negative on Singapore’s short-term economic outlook on expectations of a prolonged slowdown in the electronics sector as well as weaker global growth prospects.

HONG KONG (Mar 11): Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August.

SINGAPORE (Feb 18): Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.

SINGAPORE (Jan 10):  UOB Global Economics & Markets Research says bilateral trade relations between the US and China will be “fraught with difficulties” despite the positive steps made with their first face-to-face meeting since their 90-day truce, w