global economy

Global economy still looks good for Asia
SINGAPORE (Apr 30): Recent weeks have seen investors becoming more nervous. Bond, equity and currency markets have turned more volatile. It appears that three sets of risks have conspired to hurt business and investor sentiment — signs of slower global growth, the ill-tempered exchanges between the US and China over trade and -geopolitical concerns. But have the risks really escalated enough ...
JP Morgan sees more volatility ahead but is cautiously optimistic
SINGAPORE (Apr 19): Strong global demand should continue to fuel capital expenditure spending and trade but growth momentum for the global economy is moderating, says JP Morgan Asset Management (JPMAM) in its market outlook for the second quarter of 2018. Dr Jasslyn Yeo, Global Market Strategist at JPMAM, says: “We see a broadening growth recovery in 2018, with the developed markets of the ...
STI expected to stay flat but banks should provide earnings support
SINGAPORE (Apr 11): March was a month riddled with bad news. As a result, the benchmark Straits Times Index (STI) tumbled 2.6% during the month, even though it ended 0.7% up for 1Q18. Last month, the US administration slapped tariffs on US$50 billion ($65.4 billion) worth of Chinese imports, mainly in machinery and equipment. See: Trump punishes China by considering broad curbs on ...
How investors should respond to Trump's China tariffs
(Mar 23): President Trump on Thursday signed a memorandum directing his administration to take a range of actions against China centered on technology industries in response to the nation’s “economic aggression”. The tariffs were triggered by the Section 301 Investigation that the Office of the US Trade Representative initiated on August 2017. The investigation found that China’s policies ...
The year ahead: Upbeat mood may not last
SINGAPORE (Jan 8): The new year has started well, equity markets are up and a rash of strong economic data, across both developing as well as developed economies, has boosted the upbeat mood. None of us has a crystal ball that can tell us whether this bullish mood will last. But, what we can do is identify the significant forces and work out how they might shape the landscape over the course of ...
The risks that really matter for the region
SINGAPORE (Nov 17): The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises. With the immediate threats to economic growth allayed, however, new risks are appearing. Media reports have focused on geopolitical risks such as North Korea, but there are growing financial ...
Investors are underestimating global risks, MAS warns
SINGAPORE (Oct 26): Investors are underestimating risks to the global economy as they drive stock markets to record highs, Singapore’s central bank chief warned. While economic growth across many parts of the world has improved, there’s no time for authorities to be complacent, Ravi Menon, managing director of the Monetary Authority of Singapore, said in an interview on Tuesday. “The ...
5 concerns among Singapore SMEs in the year to come
SINGAPORE (Sept 26): Singapore’s small and medium enterprises (SMEs) are confident in the local economy’s outlook for the next 12 months despite ongoing global political tensions, China’s slowing growth and declining international trade. This is according to independent financial services firm Bibby Financial Services (BFS), whose annual Global Business Monitor has featured Singapore for ...
Temasek Holdings positions for new economy
SINGAPORE (July 17): Singapore’s state investor has certainly come a long way since 1974, when it held a mixed-bag of companies that included an abattoir, a chicken essence producer, a bank, an airline, a knock-down furniture maker and a golf shoemaker. Today, Temasek Holdings is gearing up for the future with investments in genomics, agribusiness and e-commerce. In its FY2017 review, ...
Cautious optimism amid steady growth: Citi’s mid-year outlook
SINGAPORE (July 5): Cautious optimism amid steady growth for the global economy is what investors can expect for the remainder of 2017, according to Citi’s 2017 Mid Year Outlook report. While global recovery appears on track, concerns about a slowdown in Chinese activity, political risks and rising skepticism over US tax reform have also risen, says Citi. As of end May, global equities ...