"In terms of global competitiveness what you see is the US has gained leaps and bounds versus Europe. Now, clearly emerging markets are still very competitive on an absolute cost and wage basis, they are still the leaders. However, once you add logistic costs and other associated costs the US is...
The languishing U.S. dollar has catapulted other currencies into the stratosphere. The Singapore dollar, for one, hit a record high against the greenback on Wednesday, as the latter scraped three-month lows versus a basket of currencies. While this may spell cheer for investors long on the...
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