News
Small but rising Japanese opposition party warns against near-term BOJ rate hike
[TOKYO] The Bank of Japan should hold off raising interest rates until the economy achieves a stronger recovery, Sohei Kamiya, head of the small opposition party Sanseito said ahead...
Bessent suggests Powell should leave Federal Reserve board in May
[WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in...
Trump unveils US$92 billion worth of investments to power AI boom
[PITTSBURGH] US President Donald Trump went to Pennsylvania on Tuesday to announce US$92 billion in energy and infrastructure deals intended to meet big tech’s soaring demand for electricity to...
Oil slips as Trump’s 50-day deadline for Russia eases supply fears
[NEW YORK] Oil prices dropped by less than 1 per cent on Tuesday after US President Donald Trump’s 50-day deadline for Russia to end the war in Ukraine and avoid sanctions...
US Fed officials say more needs to be done on financial inclusion
[WASHINGTON] US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together to “deepen and widen financial inclusion”, but emphasised much more...
TalkMed shareholders approve Tamarind Health’s privatisation offer
[SINGAPORE] Shareholders of TalkMed on Tuesday (Jul 15) approved a proposed privatisation offer from Tamarind Health.Ninety-eight shareholders, representing 89.1 per cent of those present and voting at an extraordinary...
US banking giants reap gains from dealmaking rebound
[NEW YORK] Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in...
US dollar gains on yen after consumer price data
[TOKYO] The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data showed US consumer price...
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto servicesPublished Tue, Jul 15, 2025 · 07:40 PM[HONG KONG] Standard Chartered will allow institutional clients to...
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9[SINGAPORE] UOL’s unit UOL Treasury Services (UTS), a special purpose entity, has...
