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Jefferson Says Fed Policy Well Positioned
Philip Jefferson said current Fed policy remains appropriate.Rising oil prices renewed inflation and rate concerns.Markets scaled back expectations for near-term Fed cuts."Higher-for-longer" rates continue supporting dollar and yields.Philip Jefferson...
Fed’s Musalem says officials can’t rely on AI boom to fix inflation
Investors are betting there is more than a 50 per cent chance the Fed will raise rates by the end of the yearPublished Thu, May 28, 2026 · 11:16...
Warsh’s new challenge: Containing Fed hawks as inflation simmers
Published Thu, May 28, 2026 · 10:29 PMKEVIN Warsh won the race for Federal Reserve chairman partly by mapping out a route to lower interest rates. Now, the new...
Mistral signs Airbus and BMW as it brings AI to manufacturing
Published Thu, May 28, 2026 · 07:59 PMFRENCH artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus SE and BMW AG as...
Singapore stocks retreat as US-Iran strikes unsettle markets; STI down 0.8%
Across the broader market, losers outnumber gainers 405 to 248, as two billion securities worth S$2.8 billion change handsPublished Thu, May 28, 2026 · 07:32 PM[SINGAPORE] Singapore stocks finished...
Australia sues 3M for US$1.4 billion over PFAS ‘forever chemicals’ contamination
The claim is the largest brought by the country, reflecting the costs of the pollutionPublished Thu, May 28, 2026 · 06:58 PM[SYDNEY] The Australian government said on Thursday (May...
Explainer: What is behind the rising volume of Russian oil arriving in Singapore?
[SINGAPORE] The volume of Russian fuel oil in Singapore waters has risen to the highest level in a year, as a war constricts supplies from the Middle East, ship-tracking data...
What is behind the rising volume of Russian oil arriving in Singapore?
[SINGAPORE] The volume of Russian fuel oil in Singapore waters has risen to the highest level in a year, as a war constricts supplies from the Middle East, ship-tracking data...
Bank of Japan’s rate hike timing secondary to economy’s readiness: ex-BOJ Deputy Governor Wakatabe
Published Thu, May 28, 2026 · 04:39 PM[TOKYO] Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is...
PBOC tells Chinese banks to boost May lending as credit weakness persists
Published Thu, May 28, 2026 · 04:08 PM[BEIJING] China’s central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing’s continued...
Australian shares retreat to 1-week closing low on fresh US-Iran flare-up
Published Thu, May 28, 2026 · 03:20 PM[SYDNEY] Australian shares closed at their lowest in a week on Thursday (May 28), with most sectors finishing in the red, after...
ByteDance developing custom CPU chips to support AI roll-out: sources
Published Thu, May 28, 2026 · 02:46 PM[BEIJING/PARIS] Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people...