Singapore’s headline inflation rate falls to lowest since September 2021 Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters. The city-state’s core inflation rate – also known … Read more
Paytm shares rise after CEO exits payments bank board Shares of Paytm owner One 97 Communications jumped 5% in early India trading on Tuesday, after the company’s chief executive officer stepped down from the board of its payments bank unit. The company said in a release late Monday that Vijay Shekhar Sharma would exit his … Read more
China and Hong Kong stocks surge 2% as healthcare, tech firms gain Mainland Chinese and Hong Kong equity benchmarks surged 2% on Tuesday, led by healthcare and tech stocks, respectively. This comes after Chinese regulators took measures to calm a recent sell-off in markets, including a statement from the country’s securities and regulatory commission that … Read more