Singapore is so far having its cake and eating it too by allowing the currency to appreciate against the US dollar, but not against the renminbi, ringgit and euro, thus protecting the nascent recovery in real estate and capping the rise in interest rates
Now that Xi Jinping has assumed the “core” position the Communist Party and had his name written into the Constitution, China can more easily deal with constraints to reform – but also risks going in the wrong direction for lack of checks and balances
The downgrade of China’s sovereign credit rating by Moody’s is the agency’s first in 28 years, after a cut shortly after the crackdown on the Tiananmen Square pro-democracy protesters in 1989. What’s the impact on companies and Hong Kong?
There is no denying that Prime Minister Modi’s victories in state elections and in the uphill battle to replace a hodge-podge of taxes with a unified Goods and Services Tax are positive for reform. But more is required as automation and AI become the norm
Singapore just reported a sharp 21.3% jump in industrial production, mirroring the upward trend in South Korea and Taiwan, on the back of a rebound in demand in North America. But the positive export news may be offset by weak domestic demand
Cursing the Pope, joking about rape, promising to jet-ski to a disputed islet, shooting criminals dead – new Philippine President Rodrigo Duterte repelled with his words, but captivated enough of the electorate. Is his country headed for disaster?