China’s stock market outpaces global peers as local investors pile in
Some analysts have pointed to Beijing’s campaign against deflation as a big driver of the rally. Others are more cautious, however, saying the campaign will only deliver higher earnings in some sectors.
Scam victims in Singapore lost $456m in first half of 2025 with almost 20,000 cases reported
The police said cryptocurrencies formed a considerable proportion of scam losses, accounting for more than $81 million in the first half of 2025.
US Fed governor Waller calls for rate cut in September, sees more to come
Christopher Waller again called for lower interest rates, saying he would support a quarter-percentage point reduction in September and anticipates additional cuts over the next three to six months.
With Vers, it’s time to get real with lease decay and the asset value of HDB flats
Under Vers, flat owners in selected precincts that are aged about 70 and older will vote if they want their homes to be acquired by the Government for redevelopment, before their leases run out.
Bank of Korea holds for now, lays ground for rate cut after Fed
The BOK said in a statement that it maintains its rate cut stance, but would hold rates for the time being as it monitors household debt risks and the impact of US tariffs.
Singapore core inflation eases in July as businesses refrain from raising prices on slowing demand
The drop in core inflation was driven by a fall in the prices of retail and other goods, as well as lower electricity and gas prices,
Sora expected to remain low, but analysts say further decline limited
The impact of impending US rate cuts is also unclear, given that Singdollar rates seem to have decoupled from US dollar rates for a large part of this year,
CareShield Life to offer higher payouts from 2026; $570m in subsidies to offset premium increases
The payout growth rate will rise from the current 2 per cent a year to 4 per cent a year from 2026 to 2030. Consequently, those who make a claim in 2030, for instance, will get $806 a month instead of $731.
Bubble risks grow as China’s stock bull run defies economy angst
A deflationary spiral that has eroded corporate pricing power in the world’s second-largest economy is one of the biggest reasons to doubt the sustainability of the current rally.
ECB officials sticking to steady-rates plan after trade deal
Another serious blow to the economy or a steep downgrade in the inflation outlook, though unlikely, could still convince officials to lower rates once more this year, they said.
Dow hits fresh record after US Fed chair signals possible rate cut
All three indexes were bolstered after Mr Powell flagged the risks of higher inflation and a weakening jobs market at a central bankers conference in Jackson Hole, Wyoming.
Japan’s core inflation slows in July but stays above BOJ target
The BOJ in 2024 exited a decade-long, massive stimulus and raised short-term interest rates to 0.5 per cent in January on the view Japan was close to durably hitting its 2 per cent inflation target.