fiscal policy

US existing home sales race to more than 9-1/2-year high

WASHINGTON (Nov 23): US home resales rose in October to their highest level in more than 9-1/2 years as homebuyers, buoyed by an improving labor market, took advantage of still-low mortgage rates to snatch up properties after many were shut out during the

More to China’s G20 Summit than Obama’s plane squabble

SINGAPORE (Sept 7): Described by some as “uneventful” and “short on substance”, the recently-concluded G20 Summit in Hangzhou was unfortunately overshadowed by a squabble over a mobile stairway.

Brexit

MAS policy decision hinges on state of economy, not Brexit: Citi

SINGAPORE (June 20): Any decision by the Monetary Authority of Singapore to tinker with the currency policy hinges on the "assessment of the real economy" even if Britain were to exit the EU, Citi says.
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