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Currency Singapore Latest Information
Singapore Dollar to End Drop Versus Ringgit: Technical Analysis SINGAPORE : Currency experts said the Japanese yen is likely to come down from its record highs.The Singapore Fund Announces Third Quarter Earnings JERSEY CITY, NJ--(Marketwire - September 8, 2010) - The Singapore Fund, Inc. ( NYSE : SGF ), a closed-end management investment company seeking long-term capital appreciation through investment primarily in Singapore equity securities, today announced its performance results for the three months ended July 31, 2010, the third quarter of its 2010 fiscal year.The Singapore Fund Announces Third Quarter Earnings JERSEY CITY, NJ--(Marketwire - 09/08/10) - The Singapore Fund, Inc. (NYSE: SGF - News ), a closed-end management investment company seeking long-term capital appreciation through investment primarily in Singapore equity securities, today announced its performance results for the three months ended July 31, 2010, the third quarter of its 2010 fiscal year. For the quarter ended July 31, 2010, the ...Singapore dollar to end drop versus ringgit: technical analysis The Singapore dollar is unlikely to add to this yearâs 5% slide against Malaysiaâs ringgit, underpinned by a moving average that hasnât been breached for more than 20 years, according to Forecast. The 100-month moving average on the exchange rate has been a âvery reliable supportâ since 1989, according to Winston Tang, a technical analyst at Forecast. The Singapore dollar has during the period ...Japan's intervention hints fail to halt yen Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.Europe bank fears hit shares; yen saps Nikkei SINGAPORE: Asian stocks fell on Wednesday, Sept 8 led by shares in Japan's big exporters as a rise in the yen to a new 15-year high threatened to erode their overseas earnings. Major European stock markets followed Asia lower and the euro was on the defensive, after renewed fears about the euro zone banking system drove the single currency to life lows against the Swiss franc and Australian ...Experts' advice on commodity investments SINGAPORE : Consumers should not expose themselves to a broad range of commodity investments, at least for the next 12 months.Japan, China, Singapore, Thailand, Taiwan: Asian Bonds, Currency Preview The following events and economic reports may influence trading in Asiaâs local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise.Yen Retreats From Two-Week High Versus Euro on Growth Optimism The yen retreated from near a two- week high against the euro as optimism that a recovery in the Asia-Pacific region is gathering momentum damped demand for the safety of Japanâs currency.Maybank to offer attractive FCTDs rates SINGAPORE: Malaysian bank Maybank's Singapore unit said Tuesday that it's launching attractive rates for its Foreign Currency Time Deposits (FCTDs).Malaysian Ringgit Leads Asian Currency Gains as Japan Data Beats Estimates Asian currencies rose, led by Malaysiaâs ringgit and the Thai baht, on optimism regional economic growth that is outpacing Europe and the U.S. will keep luring investment from overseas.Japan's intervention hints fail to stop yen rally Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency's strength could threaten the economic recovery.Japan's intervention hints fail to stop yen rally Strong currency clouds outlook for exports and capex. 8 Sep 2010 9:22 PMAsian shares slip as rising yen hits Nikkei SINGAPORE, Sept 8 â Asian stocks fell today, with Japanâs big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas earnings. The euro was on the defensive after renewed fears about the euro zone banking system drove it to life lows against the Swiss franc and Australian dollar, hitting ...Europe bank fears hit shares SINGAPORE (Reuters) - Asian stocks fell on Wednesday, led by shares in Japan's big exporters as a rise in the yen to a new 15-year high threatened to erode their overseas earnings.Yen Declines Amid Speculation About Government Intervention The yen dropped from a 15-year high against the dollar based on speculation the Japanese government may move to curb the currencyâs strength and strong demand at European bond auctions damped the appeal of refuge assets.Japan hints at measures to halt yen Finance minister suggests currency intervention an option as yen hits another 15-year high against the U.S. dollarYen Drops From 15-Year High as Debt Sales Ease Risk Aversion The yen dropped from a 15-year high against the dollar after improved demand for European bonds eased concern the regionâs debt crisis is worsening and as speculation mounted the Japanese government may move to curb the currencyâs strength.Managing Borrowed Time - The Man Who Saved The Euro Klaus Regling has been tasked with saving Europe's common currency. At his disposal are a dozen employees and 440 billion euros. He has spent recent weeks preparing for the worst.Japan's intervention hints fail to halt yen Japan's finance minister acknowledged currency intervention is an option for the first time since the yen began rising in May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.AUD/USD Performance Chart as at 7:00 p.m. Singapore time, 8/09/10 Forex Focus is brought  to you by IG Market - Forex Trading   Read more...Analysts see SEA currencies appreciating in short term SINGAPORE : Southeast Asian currencies are expected to continue appreciating in the short term.China Surplus May Exceed $20 Billion, Stoking Tension China may tomorrow say that its trade surplus topped $20 billion for a third month in August in a report that risks stoking American lawmakersâ calls for protection from Chinese imports.Dollar Near August Lows Versus High-Yielders on Recovery Signs; Yen Slips The dollar traded near its lowest levels since mid-August against higher-yielding counterparts including the Australian and Canadian currencies before reports that may add to evidence the global economy is expanding.China sees high-tech manufacturing as new growth engine SINGAPORE : China is making a push to develop its high-tech manufacturing sector as its new engine of growth.A look at economic developments around the globe ------ TOKYO -- Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident in the economic recovery.Dollar Near Mid-August Lows Versus High-Yielders on Recovery The dollar traded near its lowest levels since at least mid-August against higher-yielding counterparts including the Australian and Canadian currencies on optimism global economic recovery is gaining momentum.Japanβs intervention hints fail to stop yen rally TOKYO, Sept 8 âJapanâs government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currencyâs strength could threaten the economic recovery. Investors ignored the official talk as they pushed the yen to a 15-year high of 83.34 per dollar as markets doubt Japan ...Asia shares mixed; Nikkei snaps rally Dow Jones Newswires/Singapore Asian stock markets ended mixed yesterday as exporters helped Japanese shares snap a four-day rally on renewed worries about the yenâs strength, while steel makers climbed around the region on expectations for higher Chinese steel prices.Singapore dollar touches record high against greenback SINGAPORE - The Singapore dollar touched an all-time high against the US dollar Friday as some Asian currencies were boosted by a return of risk appetite on better US housing and jobs data, analysts said.RPT-GLOBAL MARKETS-Europe bank fears hit shares; yen saps Nikkei RPT-GLOBAL MARKETS-Europe bank fears hit shares; yen saps NikkeiJon Markman's Speculations: The real driver of Thailand ETFs' rally Corporate managers in Thailand are busy building real businesses brick by brick -- growing earnings in a responsible way without the crushing levels of borrowing that doomed efforts in prior decades.A look at economic developments around the globe ---Asia stocks off 1-month high; euro dips SINGAPORE: Asian and European stocks eased on Tuesday, Sept 7 as caution over the global economy persuaded investors to take profit on recent gains, while the euro fell after a newspaper report rekindled fears about the vulnerability of European banks. Concerns over the pace of global economic recovery lingered even after better-than-expected U.S. manufacturing and jobs data last week eased ...Japan's intervention hints fail to halt yen Japan's intervention hints fail to halt yenAsian stocks tumble as dollar hits new 15-year low HONG KONG - Asian stocks tumbled on Wednesday after Wall Street was spooked by fresh concerns over European banks while Japan's exporters fell as the dollar slipped to another 15-year low against the yen.Franc Near Record, Yen Close to 15-Year High on Growth Concern The Swiss franc traded near a record against the euro and the yen was close to a 15-year high versus the dollar as concern that European banks will struggle amid a slowing recovery prompted investors to seek refuge.Mexico Beats China as Cessna Shows Low Wages Converge With Easier Shipping âShipping to and from Mexico is easier and faster because itâs over land rather than by sea,â Cessna Chief Executive Officer Jack Pelton says. âIt provides a way for Cessna to become more competitive as we deal with the challenge of the current economic situation.âChina defends alliance with Burma ONE OF the Burmese juntaâs top generals, Than Shwe, arrived in China yesterday to underline the good relations between the two Asian neighbours. The visit has turned a spotlight on Chinaâs controversial policy of non-interference in the domestic policies of states considered pariahs by most of the world.Swiss Franc, Yen Advance on Concern Over Growth, European Banks The Swiss franc reached a record against the euro and the yen advanced to a 15-year high versus the dollar and as concern that European banks will struggle amid a slowing recovery prompted investors to seek refuge.Oil near $74, equities help pare losses Oil near $74, equities help pare lossesREFILE-GLOBAL MARKETS-Asian shares slip; rising yen hits Nikkei REFILE-GLOBAL MARKETS-Asian shares slip; rising yen hits NikkeiA look at economic developments around the globe By The Associated Press ___Yen, Swiss Franc Advance on Concern Over Growth, European Banks The yen advanced to a 15-year high against the dollar and the Swiss franc reached a record against the euro as renewed concern that European banks will struggle amid a slowing recovery prompted investors to seek refuge.Philippine Global Peso Bonds Attractive at Discount The Philippines will be able to sell more than $500 million of peso debt to global investors at a discount of at least 10 percent to local yields because of tax benefits, Union Investment and Erste Sparinvest KAG said.Tokyo slides on yen woes, leading Asia stocks down Most Asian stock markets declined Wednesday as renewed concern about the health of European banks hurt sentiment, pushing the yen to a new 15-year high against the U.S. dollar and dragging Japanese shares sharply lower.Oil falls for 3rd session on share price drop Oil falls for 3rd session on share price dropSingapore dollar retreats from record on intervention concern Singaporeâs dollar retreated from a record high on speculation the central bank will intervene to slow the pace of the currencyâs gains. The city-stateâs dollar rose as high as $1.3443 against its U.S. counterpart today, the strongest level since at least 1981, when Bloomberg started tracking the data. The Monetary Authority of Singapore conducts monetary policy by guiding its dollar within an ...Asian stocks near 1-month high SINGAPORE -- Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the weakness of European banks. |
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