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Bloomberg - Singapore’s currency scales new heights as traders bet on diverging policy paths - scmp.com - Usa - Singapore - city Singapore

Singapore’s currency scales new heights as traders bet on diverging policy paths

The Monetary Authority of Singapore, which uses the exchange rate as its main monetary policy tool, maintained an appreciating bias for the currency at its July meeting to rein in inflation. Singapore upgraded this year’s growth forecast last month to a range of between 2 per cent and 3 per cent, from an earlier band of 1 per cent to 3 per cent, citing a resilient external demand outlook, further underpinning the local dollar.

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Thaksin Shinawatra - Bloomberg - Sethaput Suthiwartnarueput - Bank of Thailand: Governor Sethaput ready to adjust policy to ensure stability - scmp.com - Usa - Thailand

Bank of Thailand: Governor Sethaput ready to adjust policy to ensure stability

The Bank of Thailand is ready to adjust monetary policy to ensure stability as policymakers grow more concerned about the impact that financial markets have on the macroeconomy, Governor Sethaput Suthiwartnarueput said.

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Bloomberg - Convicted Singapore tycoon’s mansion sold at US$3.1 million discount - scmp.com - Usa - Singapore - city Singapore

Convicted Singapore tycoon’s mansion sold at US$3.1 million discount

The so-called good class bungalow, co-owned by Lim Oon Kuin, founder of collapsed oil firm Hin Leong Trading, is being bought for S$39.2 million, according to a property filing. That compares to a listing price of S$43 million when it was put on the market by property agent Knight Frank in June.

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Bloomberg - Singapore ramps up mpox screenings at airports, border checkpoints amid global outbreak - scmp.com - Thailand - Singapore - city Bangkok - city Singapore

Singapore ramps up mpox screenings at airports, border checkpoints amid global outbreak

Temperature and visual screening will start on Friday at the island nation’s Changi and Seletar airports, as well as sea checkpoints, for inbound travellers and crew arriving from places where there’s risk of mpox outbreaks, the Ministry of Health said in a statement. Travellers who have fever, rash or symptoms compatible with mpox will be referred for medical assessment, it said.

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Bloomberg - US, China intensify battle for Pacific dominance in new ‘Great Game’ - scmp.com - China - Usa - county Pacific - Australia

US, China intensify battle for Pacific dominance in new ‘Great Game’

Island nations scattered across the Pacific Ocean are at the centre of an intensifying competition between China and the US for maritime routes, deepwater ports and other strategic assets in what the Lowy Institute calls a new “Great Game.”

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Bloomberg - SK Group backs US$140 million fund to bring South Korean chip firms to China - scmp.com - China - Usa - South Korea - city Beijing

SK Group backs US$140 million fund to bring South Korean chip firms to China

SL Capital, a private equity firm formed by SK and Beijing-based Legend Capital, signed an agreement with authorities in the eastern Chinese city of Wuxi on Tuesday to jointly set up a 1 billion yuan (US$140 million) fund, according to a statement from the local government.

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Bloomberg - Philippines banned Pogos catering to Chinese betters, but world’s top gambling stock thrives - scmp.com - China - Usa - Philippines

Philippines banned Pogos catering to Chinese betters, but world’s top gambling stock thrives

The world’s hottest gambling stock is riding strong demand for online betting at home in the Philippines, even as the global industry faces increasing scrutiny.

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Srettha Thavisin - Bloomberg - Thai opposition party seeks to rein in constitutional court’s power after political upheaval - scmp.com - Thailand - city Bangkok

Thai opposition party seeks to rein in constitutional court’s power after political upheaval

Thailand’s biggest opposition party will push to curb the sweeping power of the Constitutional Court, which this month caused fresh upheaval by dissolving the most-popular party and then ousting the prime minister.

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