Singapore Says Foreign Residents’ Deposits Fell by S$22 Billion
Residents outside Singapore pulled billions in deposits last month amid financial turmoil triggered by the collapse of several banks globally.
Residents outside Singapore pulled billions in deposits last month amid financial turmoil triggered by the collapse of several banks globally.
More pressure on the yen and a fillip for Japan’s government bonds.
Ties between India and China depend on “peace” on the border, India’s defense chief has told his Chinese counterpart, amid strained relations over their contested Himalayan border.
Chinese billionaire Guo Guangchang is considering a reduction of his stake in a mid-sized securities firm, as the conglomerate he co-founded has been shedding assets following a credit scare.
Russia unleashed a fresh wave of aerial attacks across Ukraine early Friday morning, killing at least five people and destroying several buildings. Explosions were heard in the capital, Kyiv, marking the first assault there in more than a month.
A majority of French voters back labor unions’ call to protest against President Emmanuel Macron’s pension reform next week, according to a poll.
China’s commerce minister voiced concerns about German export restrictions in a meeting with that country’s economy minister, just hours after it was reported Berlin was considering limiting shipments of chemicals used to make semiconductors.
The yen fell and government bond futures reversed losses after the Bank of Japan said it would maintain its ultra-loose monetary policy but announced a review, in its first meeting under new governor Kazuo Ueda.
Extreme weather in China is threatening to disrupt more commodities, even niche ones like rubber and peanut crops, which may push the world’s biggest consumer to import more.
Chinese prosecutors say the former Communist Party leader of Hangzhou, the eastern city that’s home to Ant Group Co. and Alibaba Group Holding Ltd., took nearly $28 million in bribes over a two-decade career.