Corporate assets surge 6.8% to $14.4t record

Total valuations soared from a 2020 baseline of only $11t. Singapore’s corporate sector expanded its balance sheet in 2024, with total assets rising 6.8% year on year to about $14.4t, as equity increased more than liabilities, according to data from...

Bank of Japan keeps policy rate constant

Japanese central bank increases inflation forecast due to higher energy prices. The Bank of Japan has kept its policy interest rate constant at 0.75% on Tuesday, in line with market expectations. In a statement, the bank said Japan's economic growth is...