Chinese top leadership surprised the market by shifting its monetary policy stance to “moderately loose” from “prudent” for the first time in 14 years, signaling deep concerns about economic challenges and the threat of another trade war. Despite recent stimulus measures, the sluggish domestic demand, deflationary pressures, and housing downturn have prompted experts to predict a “new monetary easing cycle” with potential policy rate cuts of over 50 basis points in the next two years, as monetary easing leeway is more limited than in the past.
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Commentary: Will cutting administrative work help schools recruit more teachers?
Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The need to recruit and retain good teachers is a constant in Singapore. The Ministry of Education (MOE) said it plans to hire more than 1,000 teachers annually, up from 700, to strengthen the teaching workforce in anticipation of more retirements.In a similar vein,...
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