International Business Times, Singapore Edition
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IBT-SG FX Week: Asian currencies at fresh highs on latest US policy cues; Trump in focus

Trump is scheduled to address a joint session of the lawmakers on Feb 28. Feb 25, 2017

Colombia cuts rates unexpectedly, peso slides

The bank said it considered the weakness of economic activity and uncertainty about the speed of convergence of inflation to its target. Feb 25, 2017

Bharti Airtel shares surge 5%, associate Singtel stocks slide after Telenor takeover news

The Telenor shares were up for the past few days and at Wednesday's close, the Norwegian stock was up 2.8% so far this week. Feb 23, 2017

Singapore consumer price inflation at 28-month high on rising food and transport costs

The MAS core inflation measure has surged to 1.5% y-y from 1.2%, beating market consensus of 1.3% rise. Feb 23, 2017

China rejects Philippine's South China remarks; says want to strengthen Singapore ties

China and Singapore will hold a series of meetings in Beijing on February 27. Feb 22, 2017

South Korean fraud in Swiss firm ABB to cost $100 pre-tax charge for firm

It was estimated the loss was equivalent to roughly 4% of ABB's 2016 net profit of $1.96 billion. Feb 22, 2017

Pound falls as Q4 GDP growth numbers revised down

The UK economy expanded only 2% y-y in Q4, less than 2.2% flashed in the preliminary estimate. Feb 22, 2017

Asian currencies flat, shares mixed ahead of US holiday; European politics, Fed speakers in focus

Headlines from France and Germany and FOMC minutes will be the markets will be mainly watching for this week. Feb 20, 2017

Singapore GDP growth rate at three-year high as preliminary figures revised sharply higher

The y-y Q4 GDP growth rate is revised to 2.9% from 1.8% and that for the full year 2016 to 2% from 1.8%. Feb 17, 2017

Brexit-related worries fade out for UK home buyers: Knight Frank survey

The HPSI reading came in at 57.5, up from 55.8 in January, marking its seventh consecutive rise. Feb 17, 2017

Bank Indonesia is likely to keep policy rates near record low as economy looks for better growth in 2017

The BI is widely expected to keep the benchmark 7-day reverse repo rate at its record low of 4.75%. Feb 16, 2017

DBS says Q4 net drops 9% as more funds kept aside for bad loans, full year net down 2%, shares up

The DBS has proposed a final dividend of 30 Singapore cents a share and for a full-year dividend of 60 Singapore cents. Feb 16, 2017

Australian dollar near 3-month high as jobless rate dips from 6-month high

Aussie is now just 33 pips away from a 10-month high and 54 pips near 21-month high. Feb 16, 2017

Taiwan GDP growth rate rises to 2-year high; currency strongest in 8 months

Taiwanese economy expanded 2.88% from a year earlier in the three months to December. Feb 15, 2017

Dollar at 1-month high vs euro, multi-week highs vs yen and franc on Yellen rate hike remarks

The US is expected to continue to expand at a moderate pace and waiting too long to raise rates would be unwise, Yellen said on Monday. Feb 15, 2017
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