Singapore electricity, gas prices to fall for July to September on lower fuel costs
This translates to a decrease of S$2.36 before GST for average monthly electricity bills of families living in HDB four-room flats, SP Group said.
ECB tweaks strategy to counter sustained inflation swings, either up or down
In its new strategy statement, the eurozone’s central bank kept a pledge – fought over internally – to deploy “especially forceful or persistent monetary policy measures”
Police can control bank accounts of scam victims in S’pore from July 1
The decision to issue an RO will be made by a police officer, based on an assessment of the facts and circumstances of each case, said the ministry.
Over 950,000 Singaporean households to get U-Save, S&CC rebates in July
For example, people living in a four-room flat will get $150 and half a month respectively in rebates for their U-Save and S&CC.
India’s stock market enters volatile second half, but with hopes of new highs
Analysts attribute the volatility in part to foreign outflows, with capital shifting from Indian equities into US treasury bonds and other emerging markets like China and Indonesia.
US stocks end at records, completing comeback from tariff rout
Both the S&P 500 and Nasdaq finished at all-time highs following a roller-coaster session that included a stint in negative territory after Mr Trump announced he was breaking off trade talks with Canada,
Trump shrugs off July tariff deadline: ‘We can do whatever we want’
The question had specifically been about July 9, the deadline for the U.S. and the European Union to negotiate a trade deal or else trigger a 50% tariff on EU imports to take effect.
US consumer spending drops in May, price pressures remain muted
The latest figures suggest sluggish household demand, especially for services, extended into May after the weakest quarter for consumer spending since the onset of the pandemic.
OCBC trims 360 Account interest rates for the second time in 2025
With effect from Aug 1, the maximum interest rate of the local lender’s flagship savings account will be lowered to 5.45 per cent per annum on the first S$100,000, from the current 6.3 per cent,
US Fed official says open to July interest rate cut
Fed Chair Jerome Powell said policymakers could afford to wait so as to understand the effects of Trump’s tariffs, although the president has repeatedly urged the independent central bank to cut interest rates.
Cancer is the top killer in S’pore: Lung cancer is leading cause of death in men & 3rd in women
While MediShield Life provide essential coverage that helps defray large medical bills, such advanced treatments may not be fully covered and can still result in significant out-of-pocket costs.
Singapore’s core inflation dips back to 0.6% in May; headline inflation at 0.8%
While global crude oil prices have risen in recent weeks, they are still close to the average in 2024. Meanwhile, food commodity price increases should stay contained.