SEC flags concerns over crypto ETFs that offer staking rewards
US regulators are now raising concerns that the vehicles may not legally qualify as ETFs at all under federal securities laws.
Core inflation in Japan capital hits 2-year high, keeps rate hike chance alive
Many analysts expect consumer inflation to slow in coming months as falling crude oil prices and the drop in import costs from the yen's rebound.
Banks can consider CPF Life payouts as retirees’ income for new unsecured loans: MAS
This means that regular income is still preferred for paying bills. Hence, banks “may consider various up-to-date income sources, such as a borrower’s rental income and annuity payouts”,
Trump to double steel tariffs to 50% to aid Nippon-US Steel
He also said US Steel won’t announce layoffs or outsourcing and that its blast furnaces will remain at “full capacity” for at least 10 years.
Trump's tariffs to remain in effect after appeals court grants stay
The United States Court of Appeals for the Federal Circuit in Washington said it was pausing the lower court's ruling to consider the government's appeal,
Trump summons Fed’s Powell, tells him he’s making a mistake on interest rates
The Fed earlier this month left the policy rate in the 4.25 per cent to 4.5 per cent range, where it has been since December,
Car COE renewals in Q1 2025 highest since same period in 2020
The cost to renew a COE is based on the average COE premium in the three preceding months. A five-year COE renewal costs half as much as a 10-year one.
US Fed minutes saw rising inflation, jobless risks as of May meeting
The shift caused many analysts to lower recessions risks that Fed staff as of early May had considered “almost as likely as the baseline” of slowing but continued growth.
Government may remove 15-month wait-out period when HDB resale prices begin to moderate: Chee Hong Tat
Over the next three years, it will build at least 50,000 new flats. Key collection for 2025 is on track, with 19,000 households expected to collect keys to their new HDB flats.
More S’pore businesses expect economy to worsen, cost pressures to rise: SBF survey
Businesses in the hotels, restaurants and accommodation, health and social services as well as retail trade sectors showed high pessimism about economic prospects for the next 12 months
Asia markets cautiously welcome US court ruling to block Trump tariffs
“However, should the markets get their way, the courts could delay and then deny these tariffs, removing one massive risk and undoubtedly stoking risk appetite.”
Singapore households’ debt up, but asset growth more than keeps pace
A liabilities-to-assets ratio of 11 per cent means that 11 per cent of a household’s assets are financed by debt. If the ratio is falling, then increasingly fewer assets are being financed by debts.