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Sunday, May 5, 2024

Asia markets rise as investors digest private surveys on factory activity

3 Hours Ago

Singapore names Lawrence Wong as chairman of central bank

The Monetary Authority of Singapore named Deputy Prime Minister Lawrence Wong as Chairman of its Board of Directors effective July 8.

Wong is also the country’s finance minister, and will replace Tharman Shanmugaratnam, who held the role for 12 years since May 2011. Shanmugaratnam will step down on Jul 8, the release said.

Singapore’s Minister for Trade and Industry Gan Kim Yong will be appointed Deputy Chairman of the MAS Board.

— Jihye Lee

18 Mins Ago

HDFC Bank is ‘absolutely’ a buy, says wealth management firm

Gurmeet Chadha of Complete Circle discusses the merger between HDFC and HDFC Bank, and says HDFC Bank is clocking in 15% to 16% of credit growth.

3 Hours Ago

Factory output in Southeast Asia mixed amid global uncertainties

Private surveys for factory activity in ASEAN countries showed an mixed picture in Southeast…

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