Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures

SINGAPORE—Singapore’s economy is expected to strengthen this year, but faces challenges sustaining growth as global and domestic cost pressures rise, said the city-state’s central bank.Global growth ... Read More

Singapore’s Path to Faster Economic Growth Is Riddled With Risks

Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review. Read More

Singapore Plans Law to Support Gig Workers’ Retirement Needs

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said. Read More

Asian shares get lift from US tech results

Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are ... Read More

News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid

A tanker carrying Russian crude oil to India on Friday suffered a strike from a missile likely to have been fired by Yemen’s Houthis, the first such attack to cause damage to a ... Read More

US economic growth disappoints

In the wake of the weaker-than-expected first estimate of US economic growth, it seems US interest rates aren’t going lower for a while longer—perhaps past November’s elections—unless there is a ... Read More

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates ... Read More

News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar

US retail sales were much stronger than expected in March, as consumers kept spending despite uncertainty about the future path of interest rates. Data from the US Census Bureau p ... Read More

China's economy grew 5.3% in the first quarter, beating expectations

On a quarter-on-quarter basis, China’s GDP grew 1.6% in the first quarter, compared to Reuters poll expectations of 1.4% and a revised fourth-quarter expansion of 1.2%. Beijing has set a 2024 growth ... Read More

Market update: Inflation, GDP, and central bank developments

Inflation dominates market thinking again this week, along with the first estimate of US March quarter economic growth. There are also events in the Middle East for investors to continue to worry ... Read More

AI Spending Worries Cast Gloom over Alphabet, Microsoft

Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The ... Read More

China's economy grows 5.3% in first quarter, surpassing expectations

China's economic growth picked up slightly in the first quarter driven by strong performances from the export, manufacturing and services sectors, according to provisional figures published Tuesday. Read More