THE Monetary Authority of Singapore (MAS) recorded a loss of S$7.4 billion for FY2021/22, which the regulator attributed to lower investment gains, a large negative foreign exchange translation effect, and higher interest expenses.
- Advertisement -
Most Popular
Euro falls to lowest since 2022 as bets on ECB rate cuts surge
The euro fell to the lowest level in two years as traders bet the European Central Bank will have to cut interest...
‘Golden decade’: Taiwan set to extend AI chips dominance, say analysts
With the AI boom expected to further expand, Taiwan’s tech industry is set to benefit from the island’s close ties with US chip giant...
