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Posted on 08/04/2025

Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating

SINGAPORE] Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade war. Read more at The ...

Posted on 08/04/2025

Singapore’s crypto ownership exceeds 26%, with youth leading the trend

The percentage of Singaporeans who hold cryptocurrency is on the rise, with 26% now holding digital currency in 2024.

Posted on 08/04/2025

Brazil, Egypt and Singapore among potential winners from tariff onslaught

Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although ...

Posted on 08/04/2025

Is Trump really open for negotiation? Singapore PM Wong warns of potential upheaval

Singapore’s Prime Minister Lawrence Wong is not confident that the United States’ 10% universal import tariff will be open to negotiation. The tariffs, spearheaded by US President Donald Trump, took ...

Posted on 08/04/2025

Singapore PM says Trump’s universal tariff does not appear open for negotiation: ‘Fixed minimum tariff’

Singapore Prime Minister Lawrence Wong said President Donald Trump's 10% universal tariff rate on the country does not seem open for negotiation.

Posted on 08/04/2025

Singapore To Set Up Taskforce To Address Impact Of US Tariffs On Businesses

SINGAPORE, April 8 (Bernama) -- Singapore will set up a taskforce to help businesses and workers address immediate uncertainties, strengthen resilience, and better adapt to the new economic ...

Posted on 08/04/2025

Singapore shares fall, bucking regional rebound

Across the broader market, gainers beat decliners 362 to 234. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/04/2025

Singapore forms task force to support businesses against impact of US tariffs

Describing the global situation as “fluid”, PM Wong said in a ministerial statement that the task force will help businesses and workers address immediate uncertainties, strengthen resilience, and ...

Posted on 08/04/2025

Singapore to Set Up Task Force to Address Economic Uncertainties

Singapore will set up a task force to address economic uncertainties after the U.S. announced plans to impose a reciprocal tariff of 10% on imports from the city-state, Prime Minister Lawrence Wong ...

Posted on 08/04/2025

Here are the top 15 companies in Singapore for career growth

SINGAPORE] LinkedIn on Tuesday (Apr 8) unveiled a list of top 15 employers in Singapore in its 2025 edition, picking companies for their ability to advance employees and grow skills, among other ...

Posted on 08/04/2025

DBS Unveils Merchant Banking Package With Waivers, Cashback for SG60

DBS is stepping up its efforts to support heartland businesses in Singapore with the launch of an enhanced Heartland Merchant Banking Package.

Posted on 08/04/2025

More people own crypto in Singapore, with younger users leading the way: Survey

A majority of users say they expect to increase their usage of crypto for payments in the future. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/04/2025

Singapore may or may not face recession but GDP likely ‘significantly impacted’ by US tariffs: PM Wong

SINGAPORE] Singapore may or may not enter a recession this year, but its economic growth will no doubt be “significantly impacted” by the onslaught of tariffs wreaked by Trump, Prime Minister Lawrence ...

Posted on 08/04/2025

Singapore PM says US universal tariff doesn’t look open for negotiation

Singapore Prime Minister Lawrence Wong on Tuesday said a 10% universal tariff rate imposed by U.S. President Donald Trump does not look open for negotiation.

Posted on 08/04/2025

UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices

SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US ...

Posted on 08/04/2025

Best Fixed Deposit Rates in Singapore (Apr 2025)—Minimum Deposits From $500, Rates Up To 2.90%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

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