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Tag: finance

Posted on 14/04/2025

Singapore sees zero growth as a possibility this year as it cuts GDP outlook on tariff worries

This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.

Posted on 14/04/2025

Citi transformation is paying off amid tariff troubles, with room for optimism

Citi established an office in Singapore. Fast forward 123 years, Citi has thrived and grown along with Singapore and has a much larger presence here. Read more at The Business Times.

Posted on 14/04/2025

S’pore GDP likely to sink further in 2H2025, and OCBC expects off-budget fiscal package

A technical recession is possible as the brunt of the initial US tariff announcements has wrecked “significant havoc” on financial markets this month, says OCBC chief economist Selena Ling.

Posted on 14/04/2025

Singapore acts swiftly as global trade war unfolds

As the US-China global trade war unfolds, the Singapore government has acted swiftly, standing ready to provide further support if necessary.

Posted on 14/04/2025

4 Singapore Blue-Chip Stocks Plunging to Their 52-Week Lows: Are They a Steal?

Could this be a great time to scoop shares up on the cheap? The post 4 Singapore Blue-Chip Stocks Plunging to Their 52-Week Lows: Are They a Steal? appeared first on The Smart Investor.

Posted on 14/04/2025

Don’t try to time the market, analysts say as Trump’s tariffs rattle stocks

Investors may find it difficult to buy after prices have risen from their lows and miss the boat entirely, said one analyst.

Posted on 14/04/2025

Singapore’s STI up around 5% as Trump takes a pause on tariffs

SINGAPORE] Singapore stocks soared in a relief rally after US President Donald Trump announced on Wednesday (Apr 9) a 90-day pause to his steep reciprocal tariffs on his “worst offender” countries, ...

Posted on 14/04/2025

Singapore eases monetary policy for a second time; slashes GDP forecast after growth misses estimates

This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.

Posted on 14/04/2025

Singapore central bank eases policy as US tariffs threaten growth

Singapore's central bank loosened its monetary policy for the second time this year on Monday, saying prospects for global growth and trade have dimmed amid U.S. tariffs, and the trade ministry cut ...

Posted on 14/04/2025

Olam Group to finance business reorganisation with proceeds from sale of remaining Olam Agri stake

SINGAPORE] Agribusiness giant Olam Group announced plans to finance the reorganisation of its business using divestment proceeds from two sources of funds. Read more at The Business Times.

Posted on 13/04/2025

UOB, CIMB vote to drop target of limiting global warming to 1.5 deg C

SINGAPORE] At least two banks in South-east Asia will be voting to drop a key climate target that limits global warming to 1.5 degree Celsius above pre-industrial levels. Read more at The Business ...

Posted on 13/04/2025

Best fixed deposit rates in Singapore (April 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 ...

Posted on 12/04/2025

Best bank offers in Singapore (April 2025): Win a Lilo & Stitch-inspired Hawaii vacation, get up to 50% off flights, and more

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 12/04/2025

Singapore Exchange upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs upgraded Singapore Exchange (SPXCY) to Neutral from Sell with a price target of S$13, up from S$10.80. The firm, which notes that ...

Posted on 12/04/2025

Ten trading days that shook financial markets

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to come out, just as his ...

Posted on 12/04/2025

9 best personal loans in Singapore with lowest interest rates (April 2025)

Singapore with lowest interest rates (April 2025) If you're in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a ...

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