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  • Business
    Reuters SG

    EMERGING MARKETS-Asian currencies slip, stocks fall as Fed rate cut bets shift

    (.) * US dollar strength prevails * S. Korean won, Philippine peso top laggards * Asian equities largely weak By Roushni Nair April 15 (Reuters) - Most Southeast Asian markets were subdued on Tuesday as rising tensions in the Middle East and a potential delay in interest rate cuts by the U.S. Federal Reserve kept the dollar buoyant, triggering an aversion to riskier emerging market assets. The South Korean won, the Philippine peso, and the Malaysian ringgit eased the most, falling between 0.2% and 0.7% by 0628 GMT. Market bets on near-term interest rate cuts by the Fed declined after data last week showed U.S. consumer prices increased more than expected in March.

  • Business
    Bloomberg

    Singapore home sales rise most in four months on launches

    Singapore home sales rose the most in four months, rebounding from a lull after the launch of a range of suburban projects fueled purchases.

  • Business
    Reuters SG

    Warburg Pincus invests in Vietnamese hospital group Xuyen A

    U.S. private equity firm Warburg Pincus said on Monday that it has made an investment in Vietnam's Xuyen A, which operates four general hospitals in the south of the country. Financial terms were not disclosed. "We believe the private healthcare sector in Vietnam presents a tremendous opportunity for outsized growth, as the hospital infrastructure in the country is significantly underdeveloped," Saurabh Agarwal, Warburg Pincus' head of Southeast Asia private equity, said in a statement.