Singapore’s Exports to China Surge

Singapore’s Exports to China Surge

Singapore’s key exports had a better-than-expected performance in January. Non-oil domestic exports (Nodx) rose 16.8%, led by a jump in shipments of specialized machinery to make semiconductors, and non-monetary gold, data from Enterprise Singapore (EnterpriseSG) on...
China Needs More Interest Cuts

China Needs More Interest Cuts

China needs more interest rate cuts to ease corporate financing and household mortgage costs, political advisers and experts say. A faster-than-expected credit expansion signals a nascent recovery in the nation’s financing demand. Both China’s new yuan loans and total...