Singapore’s economy grew 4.8% in April-July. according to advance estimates. This is faster than the 4.0% revised growth figure seen in the first quarter. The Monetary Authority of Singapore surprised markets on Thursday with an out-of-cycle policy tightening. Singapore Q2 GDP developed surprisingly delayed in the subsequent quarter, as fundamental information displayed on Thursday. Singapore’s … Read more
The FTSE All World index of developed and emerging market equities lost 0.3% on Friday afternoon in London. Europe’s regional Stoxx 600 fell 0.5% after data on eurozone consumer prices that exceeded estimates strengthened hopes that the European Central Bank would hike interest rates. US stocks, which set the tone for global trading, have not … Read more
South Korea launches first domestically made space rocket on second attempt. 200-tonne liquid-fuel rocket known as Nuri successfully separates from dummy satellite. First test last October failed to put dummy satellite into orbit after third-stage engine shut down earlier than expected. According to the government, South Korea launched its first domestically made space rocket on … Read more
