MAS keeps currency policy unchanged to fight elevated inflation

[ SINGAPORE: Singapore’s central bank has kept unchanged its monetary policy stance aimed at strengthening the trade-weighted Singapore dollar to fight still-elevated inflation. The Monetary Authority of Singapore (MAS) said yesterday that it would maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate policy band, with no change to the … Read more

Retail REITs stay cautious | The Star

[ WHILE retail real estate investment trust (REIT) players are confident of their prospects for the year ahead, they are wary of the market’s persisting challenges. According to Retail Group Malaysia (RGM) in its latest retail industry report, the biggest challenge facing the local retail industry this year remains the rising cost of living issue. … Read more

‘No time to waste’: Japan Inc set to step up outbound M&A

[ JAPAN Inc’s pursuit of overseas deals is set to accelerate as the country’s corporate giants come under pressure to boost capital efficiency and the central bank moves towards ditching policies that depressed the currency. A growing number of Bank of Japan policymakers are warming to the idea of rising interest rates when they meet … Read more

Asean on the mend | The Star

[ DESPITE global macroeconomic concerns, Malaysia’s corporate earnings in the fourth quarter of 2023 (4Q23) came in decent, albeit with more misses than hits. Analysts note downward earnings adjustments were not as pronounced as before although the performance trailed some Asean peers. Read original article here Denial of responsibility! Genx Newz is an automatic aggregator … Read more

Italy’s small investor push to slacken when ECB rate cuts start

[ ELISABETTA Trevisan, a 50-year-old teacher from Venice, plans to use interest payments from an Italian bond for small savers to help put her two sons through university. The three bonds she bought for €40,000 (US$43,100) carry an annual coupon of up to 4.5%, a healthy mark-up on other savings options, with payments every three … Read more