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Genting Singapore Limited (GIGNF)
- Reuters SG
EMERGING MARKETS-Asian FX subdued ahead of expected Fed rate hike, shares rebound
* UST yields, dollar's rises weigh on Asian currencies * Recovery on Wall St aided equities in Asia * China kept its benchmark lending rates unchanged By Riya Sharma Sept 20 (Reuters) - Most Asian currencies were subdued on Tuesday as investors braced for a sizeable U.S. Federal Reserve interest rate hike this week to combat inflation, while regional equities edged up tracking a Wall Street rebound. The U.S. Federal Reserve is expected to raise its policy rate by at least 75 basis points on Wednesday, while investors are also awaiting the central bank's future policy projections.
- 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.
