Treasury yields see biggest weekly jump since 2001 as cash flees
“The abrupt changes in tariff policy have caused leveraged trades to come undone and sent buyers to the sidelines.”
Billions wiped off Singapore banks as Asia market carnage worsens; STI drops 8.5%, HK plunges 12.6%
This marked the largest intraday decline since the STI crashed 8.9 per cent during the subprime mortgage crisis on Oct 24, 2008,
Asia stocks sink after Trump says reciprocal tariffs will hit ‘all countries’
South Korea was most vulnerable to automobile tariffs, Ms Ma said, adding that Malaysia and Singapore were susceptible to semiconductor and pharmaceutical tariffs respectively.
Straits Times Index crosses 4,000 mark for the first time
“The STI breaking 4,000 is a key psychological milestone, which could be interpreted as strong investor confidence, resilient blue-chip performance and a favourable economic climate,”
Gold steady as concern looms over Trump’s reciprocal tariff plans
Gold, traditionally seen as a hedge against geopolitical and economic uncertainties, has risen 15 per cent so far this year,
XRP soars after Ripple CEO says SEC dropping lawsuit against crypto firm
Ripple CEO Brad Garlinghouse says the SEC will drop a long-running and crucial case over the $150 billion crypto asset xrp.
Fed holds interest rates steady, still sees two cuts coming this year
Officials now see the economy accelerating at just a 1.7% pace this year, down 0.4 percentage point from the last projection in December.
DBS, UOB and OCBC slip on tariff concerns; property, construction boom propels OKP to record high
UOB fell the most, sliding more than 5 per cent to close the week at $36.71. DBS Bank, Singapore’s largest bank, fell by 3.5 per cent over the week to close at $44.25, while OCBC Bank dropped 3.5 per cent to $16.48 over the period.
Trump signs order to establish strategic bitcoin reserve
Establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens.
Dow tumbles more than 600 points, S&P 500 posts biggest loss since December as Trump says tariffs will proceed
The S&P 500 retreated on Monday, extending February’s rout and turning red for the year after President Donald Trump’s confirmation of forthcoming tariffs.
Crypto prices jump as Donald Trump names tokens included in strategic reserve
On Sunday, Trump said bitcoin and ethereum would be “the heart of the reserve”, adding that it would also include solana, XRP and cardano.
Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?
Tighter fiat liquidity and weakening of institutional demand led to the sell-off.