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SINGAPORE: Singapore remains the largest foreign exchange centre in Asia-Pacific and third largest globally after London and New York, according to the 2016 Triennial Central Bank Survey of the global foreign exchange and over-the-counter derivatives markets by the Bank for International Settlements (BIS).
KUALA LUMPUR: Tun Razak Exchange (TRX), an iconic 28ha mixed development in the heart of Kuala Lumpur, is shaping up well amid better investor confidence with the first phase on track for completion as scheduled.
KUALA LUMPUR: Steve Wozniak, Apple Inc co-founder will speak at the Face to Face* session during the 13th World Islamic Economic Forum (WIEF). This year, the anchoring Forum discourse on the impact and challenges of disruptive change, the Forum will be held at the Borneo Convention Centre in Kuching, Sarawak, Malaysia from Nov 21 to 23, 2017.
BENGALURU: India’s economy will likely grow at its slowest pace in four years this fiscal year, a Reuters poll showed, as a currency ban and the new goods and services tax (GST) have disrupted business activity and dampened consumer demand.
SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.
STOCKHOLM: Sweden’s central bank just can’t get enough inflation.
TOKYO: Local emerging-market bonds have had a rough month, roiled by concerns that rising U.S. interest rates mean investors will pull money out of riskier markets to park more cash in the developed world. Those with the highest foreign ownership could be most exposed.