Singapore Dollar’s Heydays Seen Numbered as Exports Lose Steam
The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may soon be tested.
The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may soon be tested.
Chinese markets are set to reopen after the Golden Week holidays against an uncertain global market backdrop, which may temper optimism from the spending boom at home.
The Philippines’ state health insurer didn’t have cyber protection software when hackers attacked its computers, giving criminals access to the data of millions of its citizens and triggering calls for an extensive cybersecurity audit.
One of the oil market’s most controversial data points of recent years — a measure of how much gasoline Americans consume — is pointing to a crash in demand that’s alarming traders the world over.
The combined death toll from the Hamas attack on southern Israel has climbed to more than 1,100 as fighting headed into a third day. The US said it’s moving a six-vessel aircraft carrier strike group to the eastern Mediterranean and is augmenting its fighter aircraft squadrons in the region.
Hong Kong issued its third-highest storm alert for Typhoon Koinu and expects to leave it in place until at least 11 a.m. Monday, a move that would halt morning trading on the city’s $4.8 trillion stock market.
David Dollar, a China scholar, commentator and former Treasury Department envoy to Beijing during President Barack Obama’s administration, has died, the Brookings Institution announced. No age or cause of death were provided.
General Motors Co. is at risk of a shutdown of its Canadian plants as a strike deadline approaches without an agreement in sight, adding to the labor concerns of an automaker that’s already battling with the United Auto Workers.
The US is sending a group of warships to the eastern Mediterranean as Israel strikes back following a holiday attack by Hamas militants that left hundreds dead.
House Republicans predicted Sunday they will have a new speaker in place by mid-week after closed-door debates intended to avoid the messy 15-round process that led to the election of now-deposed Speaker Kevin McCarthy in January.