Trump declines to rule out 2025 US recession
“There is a period of transition, because what we’re doing is very big – we’re bringing wealth back to America,” he said. “It takes a little time.”
China’s inflation declines below zero for first time in 13 months
The consumer price index (CPI) declined 0.7 per cent in February from a year earlier, the National Bureau of Statistics said on March 9, compared with a 0.5 per cent gain in January.
Four in five investors remain confident about Singapore stocks: Survey
But investors still have concerns such as perceived low returns, weak market liquidity and the need for reliable and easy-to-read analyst reports.
Powell says tariffs could feed inflation, Fed must wait to determine the impact
Powell noted, the trade actions Trump took in his first term in the White House, far from being inflationary, caused global growth to slow and actually led the Fed to cut interest rates.
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.
Higher dental subsidies, more people to be covered under Chas for better oral health
The subsidies are currently given only to Pioneer and Merdeka generation and Chas Blue cardholders.
Increased subsidies will benefit more Singaporeans amid rising medical costs: Ong Ye Kung
Government spending on healthcare is expected to shoot up from the $21 billion set aside for 2025 to more than $30 billion by 2030.
Banks, insurers see more customers using SGFinDex for financial planning
The number of SGFinDex users grew to more than 400,000 by end of 2024, from 120,000 in 2021.
US services sector expands; price growth accelerates amid tariffs
The ISM’s nonmanufacturing purchasing managers index (PMI) climbed to 53.5 last month from 52.8 in January. Economists polled by Reuters had forecast the services PMI dipping to 52.6.
ECB cuts interest rates and keeps door ajar to more easing
Easing for the sixth time since June, the ECB lowered its deposit rate to 2.5 per cent in a nod to slowing inflation and faltering growth,
Federal Reserve’s Waller, leaning against March cut, sees easings later in year
Noting projections of two cuts this year and next, he said “I don’t think there’s anything wrong with that kind of number,” even if the actual outcome is slightly different.
Sign-ups for 3 types of free cancer screening available for lower-income S’poreans in March, April
To sign up for any of these three tests, eligible Singaporeans can visit the 365CPS website.