Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S. rates would be the last this cycle.The dovish signals helped keep non-yielding gold near one-year highs,
Singapore’s rate pause points to new reality
Singapore’s surprise decision on Friday to keep its monetary policy unchanged leaves one thing unsaid. The central bank at the helm of one of the world’s most open economies pointed to multiple problems,
Singapore’s GDP growth in Q1 lower than expected
The Singaporean economy grew only 0.1% year-on-year in the first quarter of 2023, slowing from 2.1% growth in the previous quarter, according to official estimates released by the Ministry of Trade ...
Regas ship arrives for Hong Kong’s first LNG import terminal
The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and ...
Singapore’s central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end
The Singapore central bank expects that China's rebound will be largely consumption driven and oriented toward its domestic services market.
MAS: Core inflation in Singapore to ease in second half of 2023, to end the year ‘significantly lower’
Core inflation in Singapore will remain elevated in the next few months, but should progressively ease in the second half of this year, and end the ...
Singapore can’t avoid a recession, economist says
Song Seng Wun of CIMB Private Banking says that's because much of the country's gross domestic product comes from external trade, though there could be "upside surprises" from China's reopening. He ...
Singapore boy under investigation for allegedly stealing bus and driving 100km around town
A 12-year-old boy who stole a bus and took it for a joyride around the East area is under police investigation.
What laws apply when a Singapore-registered vessel or Singaporean is caught up in a pirate attack overseas?
The authorities are still working to resolve the boarding of a Singapore-registered tanker by “unidentified persons” off Ivory Coast in western ...
Our Singapore clients have been more bullish on U.S. stocks, TD Ameritrade
Alex Coffey of TD Ameritrade says its Singapore clients have been more optimistic, as measured by the risks they've been taking.
Singapore Sends Up a Flare on the Global Outlook
To this unsettling picture, Singapore added its own warning Friday ... The assessment is decidedly downbeat. “The drag on global investment and manufacturing from tighter financial conditions will ...
Asia shares up as Singapore joins the pause camp
A woman walks past a man examining an electronic board showing Japan's Nikkei average and stock ... Market Highlights: Nifty settles above 17800, Sensex up 38 pts; Bank Nifty surpasses 42100, Nifty IT ...
Singapore Bourse May Reclaim 3,300-Point Level
The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled almost 25 points or 0.8 percent. The Straits Times Index now sits ...
CVC weighs sale of stake in QSR Brands after IPO delays
Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands (M) Holdings Bhd after multiple attempts by the regional fast-food franchise operator for a domestic listing ...
Core inflation in Singapore to ease in second half of 2023 and end the year ‘significantly lower’: MAS
Core inflation in Singapore will remain elevated in the next few months, but should progressively ease in the second half of this year, and end the year significantly lower.
These 3 Singapore Blue-Chip Property Giants Paid a Special Dividend for 2022: Can They Do So Again?
We turn our attention to three reputable property companies that doled out a special dividend last year. The post These 3 Singapore Blue-Chip Property Giants Paid a Special Dividend for 2022: Can They ... ( read original story ...)