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Genting Singapore Limited (GIGNF)
- Reuters SG
EMERGING MARKETS-Thai baht falls as c.bank remains dovish, Asian FX edge higher
* BOT chief resists early rate hike, sees inflation peaking in Q3 * India stocks hit highest since June 3 * Malaysia's June CPI up 3.4%, exceeds forecast By Tejaswi Marthi July 22 (Reuters) - The Thai baht dipped on Friday after the country's central bank said inflation would peak only in the third quarter and that monetary policy tightening in the future would be strictly data-driven, bucking a positive trend among regional currencies. Bank of Thailand Governor Sethaput Suthiwartnarueput said inflation would return to the target range only by next year. Suthiwartnarueput ruled out the need for a special rate meeting, following off-cycle policy tightening moves by counterparts in the Philippines and Singapore last week, adding that rate hikes would be gradual.
- Reuters SG
EMERGING MARKETS-Thai baht falls as c.bank remains dovish, Asia stocks rise
* BOT chief resists early rate hike, sees inflation peaking in Q3 * Singapore stocks hit highest since June 10 * Malaysia's June CPI up 3.4%, exceeds forecast By Tejaswi Marthi July 22 (Reuters) - The Thai baht extended losses on Friday after the country's central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies. Bank of Thailand (BoT) Governor Sethaput Suthiwartnarueput said inflation would peak in the third quarter before returning to the target range next year.
- Bloomberg
Genting Singapore says unsolicited approach hasn’t been pursued
Genting Singapore said controlling shareholder Genting Bhd. is not pursuing an unsolicited approach for shares in the company.
