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A “strong dollar” triggered a storm of depreciation of the Korean won, and exporters that rely heavily on raw material imports are struggling
The rapid weakening of the Korean won is making some exporters who have benefited from the exchange rate in the past uneasy.
Zhitong Finance02:59 ET
South Korea's Forex Reserves Decline in April
South Korea's foreign exchange reserves fell to $413.3 billion as of end-April from $419.3 billion as of end-March, the Bank of Korea said Tuesday.
MT Newswires21:42 ET
Singapore Private-Sector Expansion Sustained in April: PMI Report
New business and output growth helped the city-state of Singapore's private sector expand in April for the 14th straight month, S&P Global reported Monday.
MT NewswiresMay 6 04:03 ET
SGD Tipped to Strengthen Slightly Near Term -- Market Talk
Technical indicators signal a bullish outlook for the SGD in the near term, say analysts at BMI, a unit of Fitch Solutions.
WSJMay 6 00:13 ET
Singapore PMI Signals More Improvement in Private Sector
0307 GMT - Singapore's private sector continued growing at the start of 2Q, but at a slower pace, S&P Global data show. S&P Global's headline Singapore PMI, a composite indicator of performance in the
WSJMay 5 23:10 ET
Retail Sales Rise 2.7% YoY in March
Retail sales rose by 2.7 YoY but slipped by 1.0% MoM in March, translating to a sales value of $4.2b.
Singapore Business ReviewMay 5 21:59 ET