SINGAPORE (THE BUSINESS TIMES) – Singaporean households surveyed last month see overall or headline inflation rising to 2.7 per cent in the year ahead from 2.2 per cent in a December poll. The latest quarterly
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Fed sees supply-chain issues growing despite better US outlook
WASHINGTON (BLOOMBERG) – The Federal Reserve is seeing both labour and material shortages mounting up across several sectors of the US economy, which may have consumers paying even more for everything from fuel to new
Read moreMAS keeps Singdollar policy unchanged amid low inflation outlook
It is a case of steady as she goes for the country’s monetary policy with the central bank’s widely expected decision yesterday to keep the currency’s range of movement unchanged. Expectations that core inflation will
Read moreAustralia jobs jump by 70,700 in March, unemployment drops to 5.6%
SYDNEY (REUTERS) – Australian job creation again far outstripped expectations in March as unemployment dropped to a one-year low and the total number of employed passed its pre-pandemic peak. Data on Thursday (April 15) from
Read moreUPDATE 2-German yields rise, reversing after industrial output supported rally
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds details, updates prices) LONDON, April 14 (Reuters) – German government bond yields rose to two-week highs in late Wednesday trade, unwinding an earlier rally when manufacturing
Read moreSingapore economy grows 0.2% in Q1, first expansion since onset of Covid-19: Flash data
SINGAPORE – The Singapore economy grew by 0.2 per cent on a year-on-year basis in the first quarter of 2021, a turnaround from the 2.4 per cent contraction recorded in the previous quarter, according to
Read moreChina exports rise at robust pace in March, imports growth highest in 4 years
BEIJING (REUTERS) – China’s exports grew at a robust pace in March in yet another boost to the nation’s economic recovery as global demand picks up amid progress in worldwide Covid-19 vaccination, while import growth
Read moreYellen plans to spare China from currency manipulator label: Sources
WASHINGTON (BLOOMBERG) – US Treasury Secretary Janet Yellen will decline to name China as a currency manipulator in her first semiannual foreign-exchange report, according to people familiar with the matter, a move that allows the
Read moreMAS may not tighten policy, but could flag risk of higher inflation
SINGAPORE – With inflationary pressures benign and major central banks most probably keeping their interest rates low for now, Singapore’s central bank is likely to maintain its easing monetary policy stance this week. What remains
Read moreGlobal supply lines struggle to clear container backlog after Suez Canal chaos
LONDON (REUTERS) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry
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