Singapore September Core Inflation Rises 5.3%

The core inflation rate - the central bank's favoured price measure - rose to 5.3% in September on a year-on-year basis, compared with 5.1% in August. A Reuters poll of economists had forecast a 5.2% ... ( read original story ...)

HSBC Q3 pretax profit falls 42% on impairments

HSBC reported on Tuesday a drop of 42% in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks benefit from rising ... ( read original story ...)