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Posted on 03/04/2025

What are Trump tariffs and why Singapore dodged brunt of them

SINGAPORE] US President Donald Trump roiled global markets with his “Liberation Day” tariffs. On Wednesday (Apr 2), he announced a 10 per cent baseline tax on imports and higher tariff rates on dozens ...

Posted on 03/04/2025

S’pore seen spared from worst case scenario on Trump tariffs, but may be hit by global trade slowdown

There is still threat of a 25 per cent tariff on US imports of semiconductors and pharmaceuticals. Read more at straitstimes.com.

Posted on 03/04/2025

Trump tariffs: Hitting close ally Singapore ‘a surprise’, says ex-senior US trade official

WASHINGTON: Framing it as a declaration of economic independence, United States President Donald Trump announced sweeping tariffs on Wednesday (April 2) in an attempt to replace free trade with "fair" ...

Posted on 03/04/2025

Singapore detains teenage boy allegedly planning to kill 100 Muslims

A Singaporean teenager allegedly planning to kill dozens of Muslims outside several mosques has been detained, the city-state's Internal Security Department said on Wednesday.

Posted on 03/04/2025

Singapore mum who abused four-year old daughter in sadistic ways jailed 19 years

SINGAPORE: The mother of four-year-old Megan Khung who had been abused and humiliated for more than a year before she died was on Thursday (April 3) sentenced to 19 years' jail.

Posted on 03/04/2025

Jefferies Moving to Bigger Singapore Office Amid Expansion Push

Jefferies Financial Group Inc. is set to move to a larger office space in Singapore, according to people familiar with the matter, in a further signal of the Wall Street firm’s expansion drive in Asia ...

Posted on 03/04/2025

OCBC prices 500 million euro bonds due 2028 at 2.481%

SINGAPORE] OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds will bear interest at a fixed rate of 2.481 per ...

Posted on 03/04/2025

UOB ‘humming along nicely’ and RHB sticks with $41.60 target price

RHB’s team met UOB management in a “recent meeting”, and the bank’s leaders are reportedly comfortable with their guidance for FY2025.

Posted on 03/04/2025

Singapore’s DSTA, Thales to develop AI tech for combat systems

Singapore’s Defence Science and Technology Agency (DSTA) and Thales have established a joint laboratory aimed at advancing AI-enabled technologies to enhance the combat systems used by the Singapore ...

Posted on 03/04/2025

OCBC aims to fund $17 bil over five years to support FDI into the UK

The agreement seeks to promote the UK as a hub for businesses, investors and services involved in the energy transition.

Posted on 03/04/2025

OCBC to finance £10 billion in UK investments by 2030 under new partnership

SINGAPORE] OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the United Kingdom, the bank said on Wednesday (Apr 2). Read ...

Posted on 03/04/2025

Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital could fund this buy: analysts

DBS Bank's strong track record of turning around unprofitable targets could benefit Indonesia’s Panin Bank through the potential acquisition.

Posted on 03/04/2025

One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks

SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked loan (SLL) from DBS and three other banks, to support its efforts to reduce its carbon ...

Posted on 03/04/2025

Singapore detains teenage boy allegedly planning to kill Muslims

A Singaporean teenager allegedly planning to kill dozens of Muslims outside several mosques has been detained, the city-state's Internal Security Department said on Wednesday.The 17-year-old boy was ...

Posted on 03/04/2025

SORA Rate Drops Down to 2.08% – How Does This Impact Homebuyers and Sellers in Singapore?

Will mortgage rates in Singapore drop soon? On March 13, the Singapore Overnight Rate Average (SORA rate) dropped to 2.08%, the lowest it’s been since 2022. Just six months ago, mortgage rates were at ... ( read original story ...)

Posted on 03/04/2025

Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore

Sony has also announced additional benefits for a limited number of Crypto.com Pay users who spend up to SGD 300 on the company's online store.

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