The ratings agency now projects real gross domestic product growth of 3.8% next year, down from its previous forecast of a 4.1% expansion. "The downward revision to growth comes from all EMs (emerging markets) excluding China and Saudi Arabia, with most economies poised to expand below their longer-run trend rates," it said, adding that forecasts for 2024 and 2025 remain broadly unchanged, averaging at 4.3%. While inflation in emerging markets have passed the peak or are peaking soon on the back of declining food and fuel inflation, it is still poised to remain above central banks' targets in many economies, forcing monetary policies to stay restrictive, the agency warned.
The upcoming HDB BTO launch in February 2023 features about 4,410 units in Jurong West, Kallang/Whampoa, Queenstown, and Tengah. BTO flats are released quarterly.
GoTo shares are down 55% from its IPO
Their stability and income-generation capabilities make them attractive investment candidates. The post Why You Should Be Buying Dividend Stocks Now appeared first on The Smart Investor.
JAKARTA, INDONESIA - Media OutReach - 30 November 2022 - In celebration of its 10th anniversary, leading multi-category platform for secondhand in Greater Southeast Asia Carousell Group released the Carousell Recommerce Index (10th Anniversary Edition) revealing the sustainability impact its collective community has made by buying and selling secondhand items. Over the past decade, the Group's users have extended the life cycle of millions of items, including: 76.8 million fashion items; 33.9 mi
Open team approach to develop new pathways for the pharmaceutical service provider Collaborative format generates space for creative thinking and development Employees work in an interdisciplinary approach to find solutions Six innovative ideas are currently being pursued RAVENSBURG, GERMANY - Media OutReach - 30 November 2022 - At Vetter, a globally leading contract development and manufacturing organization (CDMO), numerous ideas for improving processes and further development of the overall c
India's capital market regulator has placed caps on the share of assets an actively managed fund can park in a single company's debt instruments, though the limit varies based on each issuer's credit rating. "In order to avoid inconsistency in investment by mutual funds in debt instruments of an issuer, irrespective of the scheme being actively or passively managed, it has been decided to introduce a similar credit rating-based single-issuer limit for actively managed mutual fund schemes," SEBI said in a notification on Tuesday. According to the rules, a mutual fund scheme shall not invest more than 10% of its net asset value in debt and money market securities of companies rated 'AAA'.
The dollar tumbled to a three-month low versus the yen on Thursday as traders focused on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back "as soon as December." Powell said on Wednesday that "slowing down at this point is a good way to balance the risks" but added that controlling inflation "will require holding policy at a restrictive level for some time". The 10-year yield fell after Powell's comments to hit a near two-month low overnight at 3.6%.
The Washington-based crisis lender sees Chinese gross domestic product expanding 3.2% this year and 4.4% in 2023.
Surbana Jurong, Mitsubishi Corp and SInar Mas Land joint venture for one of the largest developments in Jakarta
ST Engineering could refinance a portion of its short-term loans in FY2023 by issuing fixed coupon bonds with a lower yield.
Chinese billionaire couple decamp to New York
Carousell Group reveals impact on secondhand selling and buying over the past decade in 10th anniversary reportMANILA, PHILIPPINES - Media OutReach - 30 November 2022 - In celebration of its 10th anniversary, leading multi-category platform for secondhand in Greater Southeast Asia Carousell Group released the Carousell Recommerce Index (10th Anniversary Edition) revealing the sustainability impact its collective community has made by buying and selling secondhand items. Over the past decade, Car
Need a loan? You’ll need a healthy credit score. So how do you ensure that yours is in the best possible shape? Here are a few ways to...
More than 500,000 Tesla Model Y electric cars were snapped up in the first nine months, but depending on which country you live in, you may be forking out vastly different sums.
A finance hub rises in Gujarat.
NEW DELHI (Reuters) -India plans to use government capital spending to sustain strong economic growth, finance minister Nirmala Sitharaman told the Reuters NEXT conference on Wednesday, forecasting a "very good" economy ahead of 2024 national elections. The government will also place a priority on health and education, said Sitharaman, who is preparing the national budget due on Feb. 1, the last full budget before the elections. "We would continue to push capital expenditure, and that I’m saying even as I’m preparing for the next budget," Sitharaman told the conference.
MUMBAI (Reuters) -India's biggest companies should be investing much more than they are currently, Uday Kotak, chief executive of Kotak Mahindra Bank said in an interview at the Reuters NEXT conference on Wednesday. He said that while interest rates were going up and there were many uncertainties for the global economy, India had benefited from supportive government policies and businesses needed to show more "animal spirit". "Taking those investment calls and being bold at this point of time is the right thing for Indian businesses to do," said Kotak, who is Asia's richest banker according to Forbes.
“Life, Your Way” is part of Traveloka’s commitment to delivering customer-centric end-to-end solutions across Southeast Asia.SINGAPORE - Media OutReach - 1 December 2022 - Traveloka, Southeast Asia's leading travel platform, today launched a new tagline, "Life, Your Way", reiterating its commitment to delivering tech-driven customer experiences through its comprehensive range of services. The new tagline reflects Traveloka's mission to enable consumers to discover travel experiences that cater t
Asian stocks extended a global rally Thursday and the dollar fell after Federal Reserve boss Jerome Powell flagged a slowdown in the pace of interest rate hikes and China opened the way for a softer approach to fighting Covid.