News
Federal Reserve Crushes Dreams of a Lower Interest Rate—Blaming Trump
“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too…
Tag
interest
Business
Federal Reserve likely to hold interest rates steady despite Trump pressure
The Federal Reserve is expected to leave interest rates unchanged at its meeting on Wednesday, even as President Trump intensifies his…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
Investors revive interest in CK Hutchison despite deal delay
Investors are regaining enthusiasm for CK Hutchison Holdings despite a delay in the company’s plan to sell 43 ports, with optimism fuelled…
Business
Trump jokes he wants Powell to lower interest rates
US President Donald Trump and Federal Reserve Chair Jerome Powell exchanged frosty words during their public tour of the Federal Reserve's…
Business
ECB leaves interest rates unchanged amid tariff uncertainty
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a…
Business
Aberdeen extends Clint deemed interest to 6%
OVER the five trading sessions from Jul 11 to 17, institutions were net buyers of Singapore stocks, with net institutional inflow of S$113…
Business
Aberdeen extends its deemed interest in CapitaLand India Trust to 6%
OVER the five trading sessions from Jul 11 to 17, institutions were net buyers of Singapore stocks, with net institutional inflow of S$113…
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Starbucks draws interest for controlling stake in China unit
Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the…
Business
Broadening bullishness may support interest in new listings, including those headed to Catalist
The Singapore market seemed unstoppable last week. The Straits Times Index (STI) pushed past 4,000 on Wednesday (Jul 2), and closed above…
Culture
Wimbledon 2025 results: Cameron Norrie beats Nicolas Jarry to keep British interest going at All England Club
Going into last month's French Open, Norrie said he had been playing some of his best tennis during the clay-court swing and believed his…
Business
Fed Chair Says Trump Screwed Himself on Demand for Low Interest Rates
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central…
Business
OCBC trims 360 Account interest rates for the second time in 2025
OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum…
Business
Europe: Stocks muted as investors gauge US interest rate outlook
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate…
Business
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
Business
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
The group will record a gain of approximately HK$31 million (S$5.1 million) from the disposal Wing Tai Properties announced on Monday (Jun…
Business
Trump may reconsider firing Powell as Fed chair refuses to cut interest rates
President Trump said he may reconsider his decision not to fire Federal Reserve Chairman Jerome Powell amid his growing frustration that…
Business
Trump may fire Powell after all while Fed chair refuses to cut interest rates
President Trump said he may reconsider his decision not to fire Federal Reserve Chairman Jerome Powell amid his growing frustration that…
Celebrity
‘And Just Like That’ Star Cynthia Nixon on Why Miranda’s New Love Interest Is ‘Wonderful in a Different Way Than Steve’
SPOILER ALERT: This story contains spoilers for “Apples to Apples,” Season 3, Episode 4 of “And Just Like That,” now streaming on Max.…
Business
Forget chocolate! The world now envies Switzerland’s zero interest rates
The world envies Swiss chocolate, army knives, and now . . . interest rates? Swiss National Bank, Switzerland’s central bank, moved…
Business
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc. The quarter-point…