Asian currencies gain as yen holds near seven-month high, dollar slips
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The current price is the highest since June; the Indian basket crude price averaged $82.04 per barrel in July against $83.22 during June
The local currency’s decline comes amid rising crude oil prices nearing $100 a barrel and heightened geopolitical tensions, while a weakening dollar offers some support against further losses.
Palm oil dipped ahead of Malaysian data due Thursday that are expected to show rising stockpiles and weaker exports from the world’s second-biggest grower.
Wong announced ministerial salaries will be adjusted upwards after 15 years, with his annual pay package rising to 3.6 million Singapore dollars
Wong announced ministerial salaries will be adjusted upwards after 15 years, with his annual pay package rising to 3.6 million Singapore dollars