Gold hits record high, heads for best month in 14 years amid fears of US government shutdown
Gold is poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-haven metal.
How an astute property agent retained the bulk of over $6m in assets in a divorce
As he owned the family’s properties and paid for most of the household expenses, the High Court allowed him to retain 70 per cent of the couple’s $5.5 million matrimonial assets.
China’s markets shed ‘uninvestable’ tag as global funds return
Nonetheless, growing interest in other asset classes points to a common theme: Beijing is committed to supporting the economy, and the US trade war will only embolden China’s industrial strength.
New SGX mid-cap index slips in debut week; JP Morgan raises STI target to 6,000
A new Singapore Exchange (SGX) mid-cap index, aimed at giving investors broader exposure to the local stock market, ended lower in the first week of its launch last week amid greater market volatility.
Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows
Markets are strongly betting on a rate cut in October, though there’s a bit less enthusiasm for another move in December.
S’pore banks developing guidelines to protect seniors from financial abuse by loved ones
Financial abuse by a loved one can range from theft and coercion to manipulation or violence to obtain money and assets from the senior.
Digital planning service MyMoneySense to cease operations in December
The Institute for Financial Literacy, the outreach arm of MoneySense, continues to conduct free financial education and training programmes for the public.
Eurozone inflation at five-month high will keep ECB on hold
Eurozone inflation probably jumped to a five-month high in September, a reading that may reinforce policymakers’ resolve to avoid cutting interest rates again for now.
New guidelines for finance industry in S’pore to keep misleading online financial content in check
Mr Chan Wai Kit, executive director of the Life Insurance Association (LIA) Singapore, said this is a timely and important step as the industry collectively seeks to foster greater trust and transparency in Singapore’s digital financial landscape.
Singapore factory output turns negative in August, shrinks 7.8% under US tariff cloud
An already weakened business sentiment would be hurt further if US tariffs are not lifted and uncertainty of new ones continues to linger.
Private healthcare insurers urged to relook overly generous products: MOH
Ms Rahayu said that data backs this up. The likelihood of a patient with a private hospital rider making a claim is 1.4 times that of one without a rider.
S’pore home loan growth continues uptrend, but analysts see no sign of financial stress
Mr Gan noted that housing affordability for new borrowers will continue to improve for the rest of 2025, because of lower interest rates and slowing housing price gains.