EMERGING MARKETS-Travel stocks boost Singapore, Asian currencies ease

* Graphic: World FX rates

* Singapore budget: S$11 bln set aside for COVID-19 relief

* Indonesia cenbank seen cutting interest rates this week

* S. Korea stocks, won continue rally

By Anushka Trivedi

Feb 16 (Reuters) – Aviation and tourism stocks dominated gains in Singapore on Tuesday after the city-state pledged more fiscal support for the hard-hit sectors, while a likely flare-up in U.S.-China tensions pressured most Asian currencies.

Singapore’s 2021 budget unveiled S$11 billion ($8.31 billion) for COVID-19 relief and S$870 million in aid for the aviation sector, sending the Straits Times Index 0.5% higher a day after the economy posted a smaller-than-expected contraction in the fourth quarter. of Singapore…

Read further.

11 Twilight Zone Predictions That Haven’t Come True Yet

Mr Anoop Singh’s Startup Travelghar offers cutting edge solutions to wanderers seeking adventure, culture and offbeat experiences | India News