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  • Business
    Reuters SG

    EMERGING MARKETS-Currencies gain ahead of U.S. jobs data, rupiah at 2-month high

    * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Won up 0.4%, sees best day in a week * China posts rapid trade growth in April * Lenders lift up Singapore stocks; OCBC doubles Q1 profit By Anushka Trivedi May 7 (Reuters) - Asian currencies gained against the dollar ahead of key U.S. jobs data on Friday, with the Indonesian rupiah hitting a two-month high, while stocks received a boost from China's upbeat economic report. The rupiah rose 0.5% and was headed for its best week since early November as the country's recent economic output data hinted at a mild recovery and as foreign investors returned to its high-yielding debt. Outflows, dividend repatriation pressure and concerns about Bank Indonesia's autonomy had seen the rupiah slump this year, but it recently found favour among yield-seekers as the Federal Reserve asserted a dovish stance.

  • Business
    Reuters SG

    EMERGING MARKETS-Rupiah, won lead Asia FX gains; China data buoys stocks

    The rupiah hit a two-month high and was headed for its best week since early November as the country's quarterly economic output data on Wednesday hinted at mild recovery and as foreign investors returned to the country's high-yielding bonds. An exodus of outflows, dividend repatriation pressure and concerns about Bank Indonesia's autonomy had seen the rupiah slump this year, but it recently found favour among yield-seekers as the Federal Reserve asserted a dovish stance.

  • Cost Guide to Weddings in Singapore 2021
    News
    SingSaver

    Cost Guide to Weddings in Singapore 2021

    You can tie the knot from as cheap as S$42 to hundreds of thousands of dollars, depending on how extravagant you’d like your wedding to be. Congratulations! You’ve asked your significant other for their hand in marriage. Now, what? In Singapore, an average wedding is […] The post Cost Guide to Weddings in Singapore 2021 appeared first on SingSaver Blog - We Compare, You Save.