Author: CapitalGainsFund

Jul 14

Pandemic blow to gender pay gap

The pandemic has pushed back gender pay parity by a generation as women suffer the brunt of a global cost of living crisis, according to new research. The World Economic Forum’s annual report into the global gender pay gap found only a fifth of the 146 countries surveyed made progress in closing pay disparities with […]
Jul 14

Euro falls to parity with the dollar

The euro has fallen to parity with the dollar for the first time in 20 years as another jump in inflation in the United States added to concerns about higher interest rates and the increasing risks of a global recession. The single currency, which had been trading close to parity on worries about the prospects […]
Jul 14

Singapore Tightens Monetary Policy to Fight Inflation

Singapore’s central bank unexpectedly tightened monetary policy in its second surprise move this year, as it seeks to tame surging inflation. The Monetary Authority of Singapore, which uses foreign exchange as its main policy tool, signaled in a statement that it will re-center the midpoint of the policy band up to its prevailing level allowing the […]