Gold holds ground with spotlight on US inflation data
Powell has said that he expects inflation to increase this summer as a result of tariffs, which is seen keeping the US central bank on hold until later this year.
MAS records net profit of $19.7 billion, fuelled by investment gains
The investment gains were mainly from interest income, dividends and realised gains from the management of MAS’ foreign investments.
Singapore’s economy sees surprise expansion in Q2 despite US tariff uncertainty: Advance estimate
Based on advance estimates by the Ministry of Trade and Industry (MTI), the economy grew 4.3 per cent year on year in the second quarter of 2025, extending the 4.1 per cent growth in the previous quarter.
Singapore stocks notch 5-day rally ahead of GDP data
Overall, the team maintains its 2025 GDP growth forecast of 2 per cent, higher than the consensus of 1.7 per cent, at the top end of the official forecast range of 0 to 2 per cent.
Singapore one of the few major cities in Asia-Pacific region to offer attainable homes: Report
The price-to-income ratio of Housing Board flats in 2024 was 4.3, down from 4.7 in 2023. In 2022, the price-to-income ratio of HDB flats was 3.7.
Proposed new law protecting Singaporeans’ genetic data to be strengthened: Ong Ye Kung
“Under the Act, beyond various data protection measures, a patient can choose to restrict the sharing of his medical data among the healthcare providers that he sought care from,” he said.
Stable Sing$ a strong option for Asian investors amid heightened uncertainties: Bank of Singapore
She added: “The Singdollar could be the third currency in many of your currency diversification discussions.”
What’s in store for policyholders after GE removes pre-authorisation letters for two private hospitals
The incident has also highlighted the need for a separate pool of funds for unexpected medical expenses, even though the verdict on such a fund is mixed.
Seoul vows to step up negotiations as Trump announces 25% tariffs on goods from Japan, South Korea
US stocks fell in response, the latest market turmoil as Mr Trump’s trade moves have repeatedly whipsawed financial markets and sent policymakers scrambling to protect their economies.
Quick takes on Trump’s new tariffs: what they mean for markets, the dollar, and inflation
“We think that there could be further volatility to come, although we also retain our conviction on our longer-term weaker USD view.
Australia’s central bank keeps rates steady at 3.85%, stuns markets
The swift moves in markets imply around an 85 per cent chance the cash rate would be cut to 3.6 per cent at its Aug 12 meeting, and now favours rates bottoming at 3.1 per cent rather than 2.85 per cent.
US Fed minutes show divide on rate cut pace, tariff impacts
While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could have more persistent effects on inflation,