Currencies

Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending.

SINGAPORE (July 17): Not having a smartphone in China can be a real handicap.

(May 22): With people observing social distancing measures during the Covid-19 pandemic, a serious concern has emerged. Can the virus spread via physical money?

SINGAPORE (May 15): After two months of turmoil, financial markets in Asia have stabilised. The region’s currencies weakened sharply against the US dollar in the early days of the Covid-19 crisis.

(Mar 27): With markets already in turmoil, a dollar credit crunch now threatens the world economy.

SINGAPORE (Feb 7): The Singapore dollar yesterday fell below the RM3 mark for the first time in about a year after the republic’s central bank said there was sufficient room for the Singapore curre

SINGAPORE (Oct 14): An Asean or Asia with freer movement of labour, capital, goods and services.

(Oct 3): Singapore’s dollar is set to weaken because the central bank is likely to scrap its appreciation bias at a policy meeting next week, according to a growing group of forecasters.

(Aug 7): It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment.

SINGAPORE (July 12): Some 75 years ago, the Bretton Woods agreement was signed, making the US dollar the world’s reserve currency. But now, there is talk of an alternative: China’s renminbi.