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Singapore's rate pause points to new reality

Singaporeโ€™s surprise decision on Friday to keep its monetary policy unchanged leaves one thing unsaid. The central bank at the helm of one of the worldโ€™s most open economies pointed to multiple problems, including higher global borrowing costs and fragilities in the global financial system. It didnโ€™t refer to the damage U.S.-China tensions is set to inflict.
United States South Korea Una Galani Thomas Shum Thomson Reuters Trust Principles Reuters Breakingviews

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Canadian ETF slipup could have spillover effect

Canadian regulators have halted trading in 11 exchange-traded funds after their sponsor, Emerge Canada, failed to file audited financial statements by a deadline of March 31, the Financial Times reported. The highly unusual move is concerning for investors. And not just those trapped in the ETFs.
Cathie Wood Ark Amanda Gomez Francesco Guerrera Thomson Reuters Trust Principles Reuters Breakingviews Emerge Canada

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