Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
Trump’s policies add more uncertainty to the economic outlook, and economists say they have the potential to stoke inflation
The perks and pitfalls of young couples going solo for a BTO flat
There is an average of 350 cases a year, where one spouse is listed as an owner and the other an essential occupier with no legal rights to the flat
Life insurance sales in S’pore up nearly 20% in 2024, driven by surge in investment-linked plans
This is a reversal from the 3.9 per cent year-on-year dip in total weighted new business premiums posted in 2023 to $4.9 billion, led by a drop in the single premium business.
Build nest egg of at least S$550,000 for ‘conservative’ needs, but millennials could fall behind: DBS
Those with more “aspirational wants”, such as travel, hobbies and charitable giving, will need to accumulate up to S$1.3 million.
MoneyOwl launches insurance product ratings, investment help on its website
MoneyOwl will also provide insurance product ratings, which involve evaluating and rating products based on their coverage level and how value-for-money they are.
Chocolate Finance whets Singaporeans’ appetite for higher cash yields; assets approach S$1 billion
The platform offers an attractive interest rate on customers’ first S$20,000, and another rate on the next S$30,000. At the moment the rates on offer are 3.3 per cent and 3 per cent per annum,
Chinese stock bulls add to record buying spree in Hong Kong as DeepSeek fuels rally
The Hang Seng Tech Index has risen more than 20 per cent from its January low, fitting the definition of a technical bull market
Inflation eases in 2024 on lower prices of cars, clothing, some food items in Singapore
SingStat noted that the main contributors to inflation in 2024 were accommodation, food, hospital and outpatient services, holiday expenses and bus and train fares.
Police warn of investment scams; at least S$32.6 million lost in over a month
Victims would be asked to open accounts at crypto exchanges and transfer money into the accounts to purchase cryptocurrencies.
July BTO launch to feature HDB’s first Simei project in 10 years
The project in Simei – which HDB classifies as part of Tampines – will have about 380 units of two-room flexi, four- and five-room flats
Trump’s steel tariffs could trigger broader trade war as EU threatens ‘proportionate countermeasures’
The European Union plans to retaliate against the United States for new steel and aluminum tariffs.
How fair are Integrated Shield Plans’ pro-ration factors?
The MediShield Life review last year recommended a revision in the pro-ration factors for private unsubsidised bills, to prevent such cross-subsidisation.