Fed’s rate-cut pause may stretch into 2026 after Israel’s attack on Iran
Nearly all US recessions in the last century have been preceded by a spike in oil prices.
S’pore key exports see surprise 3.5% drop in May as shipments to US plunge
Analysts said this suggests that the front-loading of orders that propped up exports in April has cooled, and the trade outlook remains rife with tariff uncertainty.
Oil extends rally as escalating Israel-Iran conflict stokes supply disruption fears
About a fifth of the world’s total oil consumption passes through the strait, or some 18 to 19 million barrels per day of oil, condensate and fuel.
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The spotlight will instead fall on the BOJ’s updated plan to curtail its purchases of government bonds as it seeks to shrink its footprint in the market.
Rental voucher scheme for families waiting for BTO flat completion extended until end of year
These families will receive $300 per month to offset rental costs incurred from July to December 2025.
The truth about coverage: Is pet insurance worth paying for?
Today, there are six insurers – including Income and CIMB – offering coverage for dogs and cats for services such as consultations, medication, surgery and hospitalisation.
Where’s the Inflation From Tariffs? Just Wait, Economists Say.
By the end of the year, Mr. Stanley expects consumer prices to accelerate to a 3 percent annual pace, as measured by the Consumer Price Index, with big increases in June and July.
Bitcoin price breakout to $119K possible if oil rally pattern holds
On Jan. 15, 2025, oil surged to $80.50 from $72.50 just six days earlier. The spike coincided with a Bitcoin drop to $89,300 on Jan. 13, followed by a 22% rally to $109,300 by Jan. 20.
After 3 up days, S&P 500 falls on trade announcement
But stocks fell in what Briefing.com described as a “sell the news” response to a breakthrough that had been largely priced in.
Gold prices climb as Middle East tensions rise, US inflation eases
Spot gold was up 0.3 per cent at US$3,364.10 an ounce, as of 0017 GMT. US gold futures gained 1.2 per cent to US$3,384.40.
Income to fully reimburse policyholders affected by Jetstar Asia closure
Although such airline shutdowns are not typically covered under the insurer’s travel policy, Income is extending support as an exception.
Deal ‘is done’, says Trump, as China and US trade truce gets back on track after London talks
The main sticking points since May were Beijing’s restrictions on rare earth exports to the US, and Washington’s curbs on the export of chip design technology to China.