Currency War: US and China
The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.
STI breaks 3,500 barrier!!
Just last week, the Strait Times Index hit its highest since pre 2007-2008 financial crisis of 3,525 points, breaking the 3,500 barrier.
The Significance of Capital Flows
As globalization progress, the economy of countries are becoming more inter-connected. Manipulation on currencies and capital controls to drive up exports are increasingly common in the modern world. These are all by-products of the movement of capital within and between countries. So what exactly does Capital Flow mean?
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