News
2 Men Charged With Corruption for Allegedly Offering Sexual Favours to ICA Officer Over Social Visit Pass
An Immigration and Checkpoints Authority (ICA) officer allegedly received bribes from two men in the form of sexual acts in exchange for…
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favours
Business
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering…
Business
Goldman favours Asian high-grade debt again as growth risks rise
Asia investment-grade credit spreads widened by nearly six basis points on Aug 1, the most in four months, after the weaker-than-expected…
Business
T Rowe favours Thailand, Malaysia bonds on scope for rate cuts
T Rowe Price Group likes local bonds in Thailand and Malaysia, betting that further monetary easing will outweigh currency gains as a key…
Business
Fed’s Jeffrey Schmid favours slower pace for interest-rate reductions
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty…