THE Philippines’ central bank governor on Friday voiced caution over a legislative proposal to create a sovereign wealth fund overseen by President Ferdinand Marcos Jr, saying transparency over its governance would be key.
CHINA’S yuan edged lower against the dollar on Friday but is on track to post its biggest weekly gain in two years, buoyed by expectations of a slower pace in U.S. rate hikes and China’s gradual exit from its zero-Covid-19 policy. Traders expect the yuan’s recovery to be slow next...
SINGAPORE Treasury bills (T-bills) have received explosive investor interest lately, with individual investors making more than 92,000 bids – some for over S$1 million – in the Nov 10 auction.
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