Outstanding mortgage rates for individual borrowers will be cut by 0.5%, potentially helping around 50 million households, while the reserve requirement ratio (RRR) for most banks will also be cut by 0.5%.
While the Bank of Japan (BoJ) continues to print money and buy bonds, despite the bank's first rate hike since 2007, the Bank of Singapore believes that the country's stock market rally will continue.
As investors continue to parse financial data to figure out the next interest rate move from the Fed, there are conflicting opinions on what the future holds.
Recently appointed as Apac CEO of the credit specialist, Andrew Tan shares his priorities for the firm over coming months; explains why certain investors are favouring private credit over private equity; and suggests why India is no longer a hotbed for institutional investors.