Singapore’s stock market has been facing challenges such as thin trading volumes and more delistings than listings, leading to a lackluster reputation in the eyes of investors. The turnover velocity at the SGX has been considerably lower compared to other major exchanges like Hong Kong and Japan, indicating a lack of market liquidity. To address
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As major share indices plunged deep into the red in Asia on Monday, it became increasingly evident that fears of a potential recession in the United States were triggering mass risk aversion among investors. This resulted in significant sell-offs and a sharp decline in market confidence. The prevailing sentiment indicated that interest rates would have
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Following the disappointing July jobs report, the US Dollar (USD) has been under immense pressure. The DXY index, which measures the strength of the USD, experienced a significant decline after the release of the report, dropping to levels not seen since March. The weak data from the US Bureau of Labor Statistics (BLS) report highlighted
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As global markets gear up for another potentially turbulent week, investors are grappling with concerns about overpriced stocks and the implications of central banks cutting interest rates. While expectations of rate cuts have driven rallies in stocks, cryptocurrencies, and bonds, the fear of assets being “priced to perfection” looms large. The recent solid earnings season
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Richmond Federal Reserve President Thomas Barkin remains cautious about changing his monetary policy outlook despite the release of unexpectedly weak U.S. jobs data. In a recent transcript of a TV interview with the Carolina Business Review, Barkin acknowledged that the job growth figures were weaker than most forecasters had predicted. However, he refrained from offering
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The decision by the U.S. Commerce Department to continue classifying Vietnam as a non-market economy country has been met with disappointment in Hanoi. This classification, which puts Vietnam in the company of only 12 other economies marked by heavy state influence, means that punitive anti-dumping duties will continue to be levied on imports from Vietnam.
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The weaker than expected July nonfarm payrolls data brought uncertainty to the market, prompting some to call for aggressive rate cuts by the Fed. However, experts are cautioning against jumping to conclusions, pointing out potential distortions in the data. Nonfarm payrolls only increased by 114,000, falling short of economist expectations, and the unemployment rate unexpectedly
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