Singapore dollar most vulnerable to US rates
(14 April) Singapore’s dollar has emerged as Asia’s most-vulnerable currency to prospects of higher U.S. interest rates, driving a gauge measuring the relationship to a record high. The CHART OF THE DAY tracks the Singapore dollar and the benchmark U.S. 10-year yield since April 1995. The lower panel shows the 240-day...
SDP: Lessons from Taiwan’s Sunflower Student Movement
The recent Sunflower Student Movement that took place in Taiwan was initiated by a coalition of students and civic activists who were protesting the Cross-Strait Service Trade Agreement (CSSTA). The students were angry that the Agreement was pushed through the Legislative Yuan by the ruling Kuomintang (KMT) without adequate...
Nepali PM has no real assets except 3 phones
Koirala does not own a house, car or real properties, and nor does he have a bank deposit or jewellery. The only assets Koirala has are an iPhone and two mobile phones with one that is not functioning. (27 March) Greek philosopher Plato once said a true leader should be “truly rich, not in silver and gold, but in virtue...
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