Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent.
Dow slides 200 points, S&P 500 tumbles for a fourth day after Trump threatens tariffs on EU, Apple
The president also said trade discussions with the EU “are going nowhere” and recommended “a straight 50% tariff on the European Union, starting on June 1, 2025.”
Trump says he’s ‘not looking for a deal’ with the EU after threatening a 50% tariff
Trump opened the door to pushing his June 1 deadline further, saying, “If somebody comes in and wants to build a plant here, I can talk to them about a little bit of a delay.”
Family offices stay invested despite concerns over trade wars and recession: UBS
It found that family offices in South-east Asia preferred equities and bonds from developed markets such as the US, Singapore, Japan and Britain.
Singapore core inflation rises to 0.7% in April but consumer prices not seen heating up in 2025
It rose in April as bigger increases in the prices of services and food more than offset lower retail and other goods inflation.
Dimon warns of US stagflation risk, says Fed right to hold
Trump’s chaotic tariff announcements and efforts to shrink or shutter government agencies have stoked concerns about trade, inflation, unemployment and a potential recession
UK inflation rate surges to 15-month high amid April price shock
It leaves inflation well above the 2 per cent target, with the BOE expecting the rate to accelerate further to a peak of 3.7 per cent in September.
Singapore keeps 2025 growth forecast at 0% to 2%, though outlook ‘improved slightly’ from trade truces
On a quarter-on-quarter seasonally adjusted basis, the economy contracted by 0.6 per cent. This was a reversal from the 0.5 per cent expansion in the fourth quarter of 2024.
Bitcoin hits new all-time high of $109K as trade war tensions ease
Bitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence.
Sharp drop in crypto ownership in Singapore in 2025 as investors sell off: Poll
The survey of 1,500 Singapore residents aged 18 and above found that only 29 per cent owned any crypto, a stark decline from the 40 per cent a year earlier.
Biden had not received prostate cancer screening since 2014: Spokesperson
In 2012, the US Preventive Services Task Force recommended against PSA-based screening for prostate cancer in men of all ages.
US dollar assets remain virtually irreplaceable, says MAS chief Chia Der Jiun
“The US$28 trillion (S$36.1 trillion) Treasury market is fundamental and systemic to the global financial system, and there is no alternative for this point.”