foreign exchange


Singapore dollar is new short as Asian haven falls from favour

The bearish tilt for the Singapore dollar is a complete turnaround from last year
Hong Kong finance chief says 'huge' reserves will maintain peg - THE EDGE SINGAPORE

China Focus

Hong Kong finance chief says 'huge' reserves will maintain peg

Hayman Capital Management’s Kyle Bass claimed the reserves could be exhausted by the end of next month.


Enjoy Europe without a trip to Changi

The Singapore dollar is now at an all-time high against the euro.

Broker's Calls

Food Empire kept at 'buy' on appreciating Russian currency

Improved outlook for Food Empire on appreciating Russian currency

Global Economy


SINGAPORE (Sept 23): “I don’t want you to listen to me. I want you to listen to the scientists. And then I want you to take real action.” – 16-year-old climate change activist Greta Thunberg addressing the US Congress on Sept 19.


Singapore keeps its spot as one of world's largest foreign exchange centres

SINGAPORE (Sept 17): The Monetary Authority of Singapore (MAS) announced that Singapore’s average daily foreign exchange (FX) trading volume has increased by 22% to reach an all-time high of US$633 billion ($871 billion) from US$517 billion in April 201


Western Union launches co-located money transfer services at Singapore worker dormitories

SINGAPORE (Jan 17): Western Union has partnered Travelex, an independent foreign exchange (forex) and remittance business, to co-locate its money transfer services within five worker dormitories at Simpang, Mandai, Choa Chu Kang, Penjuru and Jalan Papan.

Broker's Calls

Forex weakness to impact RHT Health Trust's disposal of assets

SINGAPORE (June 14): CGS-CIMB Securities continues to rate RHT Health Trust a “hold”, but has lowered its target price on the group to 81 cents following its weak FY18 results, which was attributed to weakness of the INR to SGD.

Broker's Calls

Why 'crisis' valuations' for Genting Singapore is unjustified: Maybank

SINGPAPORE (Apr 10): Maybank Kim Eng is reiterating its “buy” call on Genting Singapore (GENS) with $1.46 target.


The yuan is Hong Kong's new darling as investors chase higher yields

HONG KONG/BEIJING (Aug 17): The big ball of money in Hong Kong is rolling to the yuan, and the local dollar is suffering.