Bloomberg Tech

Singapore Is Latest to Halt Policy Tightening as GDP Shrinks

Singapore’s central bank kept its monetary policy settings unchanged after five straight tightening moves since October 2021, joining a growing list of central banks that have opted to pause amid global growth risks and ebbing inflation.

Xi Focuses on Tech Self-Reliance on Trip to Southern China

Chinese President Xi Jinping renewed his call for the world’s No. 2 economy to pursue self-reliance across a range of key industries during a trip this week to the southern province of Guangdong that highlighted his top priorities as he embarks on his third term.