News

Gold advances as peace deal optimism counters hawkish US Fed
The pact is expected to ease a global energy shock that’s spurred inflation and rate hike betsPublished Thu, Jun 18, 2026 · 06:57 AM — Updated Thu, Jun 18,...
Wall Street sinks on bets Fed will hike rates in 2026
In his first meeting as Fed Chair, Warsh says the central bank would deliver on price stabilityPublished Thu, Jun 18, 2026 · 06:24 AMTHE S&P 500 and Nasdaq closed...
Oil falls 2% after US-Iran ceasefire agreement, erasing almost all war-related gains
Published Thu, Jun 18, 2026 · 06:17 AM — Updated Thu, Jun 18, 2026 · 01:49 PM[BEIJING/SINGAPORE] Oil prices fell more than US$1 per barrel on Thursday (Jun 18)...
Kevin Warsh kicks off US Fed chief tenure with sweeping review as rates remain unchanged
New projections show inflation slowing sharply next year, allowing rates to return to where they are now by the end of 2027Published Thu, Jun 18, 2026 · 05:39 AM[WASHINGTON]...
BBC to cut 550 jobs in cost-saving drive
Published Wed, Jun 17, 2026 · 10:15 PM[LONDON] The BBC, Britain’s public service broadcaster, will cut 550 jobs and close some programmes as part of cost-saving plans under its...
COE: market ‘exhausted’ as falls for June suggest car, commercial vehicle premiums at resistance level
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers.This came as premiums for Category...
Falls in COE premiums across board suggest car, commercial vehicle premiums hitting resistance level
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers.This came as premiums for Category...
IEA expects significant 2027 oil surplus after Hormuz recovery
Its forecasts for next year imply that supply will outweigh demand by 5.05 million barrels a dayPublished Wed, Jun 17, 2026 · 06:18 PM[LONDON] The oil market will move...
Keppel bags fourth fibre pair deal on Bifrost Cable System with ‘global technology leader’
The asset manager says it expects an internal rate of return of ‘about 30%’ for the overall project[SINGAPORE] Asset manager Keppel said on Wednesday (Jun 17) that it has...
UK inflation unexpectedly holds steady at 2.8% in May
Published Wed, Jun 17, 2026 · 03:27 PM[LONDON] UK inflation unexpectedly held steady in May, suggesting price pressures were weaker than feared even before a US deal to end...
Nomura sees 30% increase in wholesale revenue as boom persists
Published Wed, Jun 17, 2026 · 03:09 PM[TOKYO] Nomura said revenue in its key trading and investment-banking businesses has risen sharply so far this quarter, a sign that the...
China vows to improve anti-sanctions measures in financial law
The high-profile forum comes a day after the country released data showing the world’s second-largest economy slumped in MayPublished Wed, Jun 17, 2026 · 12:12 PMCHINA’S Vice-Premier He Lifeng...