Inflation Data Weighs on the Dollar
by Rania Gule, Senior Market Analyst at XS.com – MENA
The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Credit card balances outstanding in Singapore to grow by 4% in 2023
As Singaporeans regain confidence in their financial stability and embrace a new normal...
New Fund for Pandemic Prevention, Preparedness and Response Formally Established
The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...
M&A in Singapore life insurance industry to further consolidate position of top 10 insurers in 2021
Singapore life insurance industry is highly concentrated with the...
UAE asserts Strong Climate Action equals Strong Economic Growth at Pre-COP26 Meetings in Milan
The UAE has expressed its strong support for progressive climate action...
Deal activity in Asia-Pacific declined by 27.8% in May 2021
A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...
Over 60 international countries represented at ATM 2021 despite Coronavirus travel restrictions
A total of 62 countries will be represented on the exhibition floor this...
The two-day summit saw attendance from over 200+ bankers, economists, bond issuers, SWFs, institutional investors & funds, among others.
Singapore, 02 July 2019: Across two power-packed...
Representatives of international delegations at the 5th Annual POWER WEEK ASIA in SingaporeA
five days electric power & energy conference, inclusive of 2-day focal...
