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US Treasury
Tong's Portfolio
Negative real returns can be logical at times
The reality is that the stock market is not the economy.
July 30, 2021
Currencies
Singapore remains on US currency manipulation watchlist despite Vietnamese and Swiss reprieve
Thailand is perhaps under greater risk of scrutiny by the US than Singapore or Malaysia, says the CGS-CIMB team.
April 21, 2021
Currencies
Yuan unlikely to strengthen despite China losing "currency manipulator" tag
The retention of tariffs and pressure from higher treasury yields are likely to limit the strength of the Chinese Yuan.
April 13, 2021
Global Markets
S&P 500 has best day since June; treasures drop: markets wrap
Stocks climbed as confidence returned to markets, with investors shaking off concern about the impacts of higher Treasury yields.
March 02, 2021
SE Asian economies
US currency manipulation threat puts Asia nations on guard
(Oct 24): Asia is bracing for the latest US Treasury report on foreign currency manipulators, coming in the middle of a trade war that shows no sign of ending.
October 24, 2019
China Focus
Impact of calling China a currency manipulator
SINGAPORE (Aug 12): The surprise announcement by the US Treasury labelling China a “currency manipulator” raises a lot of questions. The answers to two of them in particular shed light on how trade tensions are likely to play out between the two large
August 08, 2019
Highlight
MAS says 'does not engage in currency manipulation'
SINGAPORE (May 29): The Monetary Authority of Singapore (MAS) has said it does not manipulate its currency for export advantage, in response to media queries on the US Treasury Report on Macroeconomic and Foreign Exchange Policies released today.
May 29, 2019
Currencies
Why Singapore, Malaysia, Vietnam were added to US currency watchlist
SINGAPORE (May 29): The US Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny.
May 29, 2019
US-China trade war
US spares China from yuan-manipulator label amid trade war
WASHINGTON (Oct 18): The Treasury Department stopped short of declaring China a currency manipulator in its semi-annual report on foreign-exchange rates, averting an escalation of a trade war while serving notice that the US will closely watch the yuan af
October 18, 2018
Investing strategies
Growth concerns, risks heightening, but investors should keep a clear head
SINGAPORE (July 16): The escalating, multi-front trade war between the US and major economies, particularly China, is casting a shadow on the global economic growth outlook. Coupled with rising interest rates and growing concerns that the longest US bull
July 16, 2018