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Economy

New Zealand dollar rises as RBNZ holds interest rates

The NZD/USD pair is likely to test 0.7200 as fresh multi-month high, as long as the 0.6750 support holds. Apr 28, 2016

Australian dollar plunges as country slips to deflation first time in 7 years

AUD/USD dropped 1.8% on the day to 0.7605 from the previous close of 0.7748. Apr 27, 2016

1MDB default will worsen Malaysia's budget deficit, says Moody's

The contingent risks from 1MDB's liabilities could be higher than the government's actual guaranteed exposure. Apr 27, 2016

Factory output contracts less than expected in March as pharmaceuticals outperform

Biomedical manufacturing output expands 23.1 percent in March 2016, compared to the same period a year ago. Apr 26, 2016

Malaysian ringgit falls to 1-week low as 1MDB defaults on bonds

The Malaysian unit had traded at an 8-month high of 3.8405/USD last week, from which the currency has now weakened 2.5%. Apr 26, 2016

Singapore headline CPI rate drops to near 30-year low even as core inflation edges higher

The March year-on-year CPI rate of -1% marked the 17th straight month of declining prices in the City. Apr 25, 2016

Thailand announces 20 bln baht fund to boost start-up ecosystem

The economy has been in doldrums since the army took power in 2014, with weak exports and sluggish domestic demand. Apr 25, 2016

Singdollar keeps upward trend despite MAS moves to arrest appreciation, targets 1.32/USD

The downward crossing of short term moving averages above the 50-period average on the weekly chart also looks like a downside signal for USD/SGD. Apr 25, 2016

China announces 'all-in-one' Mars mission, to land on planet by 2021

Calls for China's own mission mounted after India reached the planet in 2014, a Xinhua report said. Apr 23, 2016

Brokerages in Singapore raided for possible manipulation and insider trading

The MAS said they have obtained documents and items from several broking firms and trading representatives. Apr 22, 2016

Indonesia: Palm oil lobby angry over Joko Widodo's move to limit slash and burn farming

Last month Singaporean said the country suffered losses of about S$700 million due to large-scale haze in 2015. Apr 22, 2016

Asian currencies down on greenback rally, ringgit falls the most as crude prices fall

Singapore dollar and Malaysian ringgit have moved off 8-month highs. Apr 21, 2016

Crude Technicals: Oil pares Doha losses while short-term charts point to above $50 levels

Charts suggest levels $50 in coming weeks as producers are hopeful of a broader agreement among them ahead of the June OPEC meeting. Apr 18, 2016

Singapore dollar weakens as data shows country's exports contract sharply

Data showed that the MAS easing last Thursday is justified. Apr 18, 2016

Singapore needs to do more to improve its maritime security, says Teo Chee Hean

Piracy, sea robberies and the emergent threat of transnational maritime terrorism are of concern. Apr 16, 2016
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