Trump floats cutting China tariffs ‘substantially’ in trade deal
He also said he did not see the need to say he would “play hardball” with Chinese leader Xi Jinping, and that during discussions he would not raise Covid-19 – an issue that is very politically sensitive in Beijing.
China grants some exemptions from US tariffs to limit trade war pain
Task force is collecting lists of items that could be exempted from tariffs and is asking companies to submit their own requests, according to a person with knowledge of that outreach.
US mortgage rates surge by most in a year as tariffs hit markets
“Consumers are feeling anxious about the economy and the rising cost of living, potentially leading them to adopt a ‘wait-and-see’ approach regarding significant purchases like homes,”
Europe stocks pare losses following European Central Bank interest rate cut
This takes the central bank’s deposit facility rate, its key rate, to 2.25% — down from highs of 4% in mid-2023.
Japan’s core inflation accelerates, complicating BOJ’s rate path
BOJ governor Kazuo Ueda said on April 17 that the central bank would continue to raise interest rates, but it would be vigilant to sharply heightened economic uncertainty from the US tariffs.
2 in 3 Singapore residents aim to be financially independent between age 40 and 60: CIMB survey
More than half – or 52 per cent of the respondents – also said they believe they need more than S$1 million to achieve financial independence.
Home owners in HDB loan arrears to receive help servicing mortgage under new programme
Under the Homeowner Job Support (HJS) pilot programme, the Housing Board will also suspend mortgage interest for home owners in mortgage arrears for one year.ccccc
Singaporean households to get S$500 in CDC vouchers from May 13, valid until Dec 31
Half – or S$250 – of the vouchers can be used in supermarkets, with the other half at participating hawker stalls and heartland merchants,
Invest like you shop: Take advantage of market discounts
When things go on sale, you should consider bringing forward your purchases to take advantage of the discount on offer.
Job seekers can complete activities and earn points to qualify for payouts from April 15
To qualify for the payout, job seekers have to earn at least 10 points per month for the first three months, and five points per month for the next three months.
Singapore slashes 2025 growth forecast to 0-2%; Q1 GDP up 3.8% year on year
“Product-specific tariffs implemented by the US earlier also remain in place and more could be introduced in the coming months,” it added.
MAS eases Singapore dollar policy to help economy weather Trump’s tariff storm
While a weaker currency may help exports, it will have an opposite effect on the budgets of Singaporeans planning to travel overseas or remit money,