GXS Bank Ups Savings Limit to S$95,000 for Bigger Returns
With this adjustment, customers can now earn approximately S$2,288 in annual compounding interest on a S$95,000 balance within a Saving Pocket
Online tool helps S’poreans see if their health coverage meets needs, financial ability
It allows users to see their long-term, personalised projections of MediSave savings and health insurance premiums.
Chocolate Finance takes S$500 million hit from 2 weeks’ run of redemptions; looking to return to business as usual
Slashing the firm’s assets under management (AUM) by some 40 per cent – amid a run over the past two weeks.
When creditors go after half of a couple’s $5m home
Creditors are entitled to seize assets of debtors who are joint owners of real estate and auction off the property so that proceeds that belong to them can be used to pay down their debts.
Singapore core inflation falls further to 0.6% in February, lowest since June 2021
This is the lowest since June 2021 when it was 0.6 per cent, and much lower than the 3.6 per cent rate recorded in February 2024.
BOJ keeps interest rates steady as Trump risk looms
He offered few hints on the next rate-hike timing, but said the BOJ did not necessarily need to wait until everything is clear on the impact of US tariffs, in pulling the trigger.
President Tharman approves record Budget, says S’pore must keep looking far ahead
The record $143.1 billion spending plan is the last Budget of the current term of government.
Singapore’s retrenchments grow in Q4, but job vacancies also rise
There were 1.64 vacancies for every unemployed person in December 2024. The ratio is up from 1.32 in September 2024, but lower than the 1.76 posted in December 2023.
CareShield Life: affordable cover for a potentially long-term financial burden
Payouts are higher and can be paid for life, or as long as the claimant is unable to perform three of the six activities of daily living (ADLs).
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.
Implants, drugs account for recent rise in S’pore hospital bill sizes, study of insurance claims finds
The NUS study also said the average hospital bill per claim between 2016 and 2020 grew at a compound annual growth rate (CAGR) of 4.8 per cent.