Upward momentum sustainable


Chu: We remain optimistic the country will attract higher foreign inflows into the equity market in the second half of 2024.

AT long last, the end is in sight for emerging market Asia foreign exchange (EM Asia FX), which has been feeling the heat from the higher-for-longer interest rate environment in the United States.

The Federal Reserve (Fed) said in its latest two-day policy meeting that a rate cut in September is “on the table” provided that inflation continues to cool.

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