Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
The 2022 redistricting effort could undermine basic government functions and Parliament needs to fix the problem urgently, says Thiago Cintra Oppermann.
Meanwhile, in a bid to shore up its ailing equity market ahead, the China Securities Regulatory Commission said mutual funds should raise their holdings of onshore equities by at least 10% annually ...