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How the Singapore dollar could perform against the US dollar this year
[SINGAPORE] The Singapore dollar and other Asian currencies are continuing to gain ground against the US dollar as the tariff fallout weighs on the greenback. The Singdollar opened the...
Gold firms on dip buying; US-China trade talks in focus
Published Fri, May 9, 2025 · 10:01 AM[BENGALURU] Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked...
Frasers Property H1 profit rises 147.6% to S$142.2 million on one-off tax reversal
[SINGAPORE] Higher contributions from residential projects in Singapore, as well as a one-off reversal of tax provisions, pulled up Frasers Property’s first-half earnings – but the group said it...
OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
[SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses.Net profit for the three months ended Mar 31, 2025, stood at...
Oil prices rise 3% on support from US-China trade hopes
[NEW YORK] Oil prices rose around 3 per cent on Thursday (May 8), buoyed by hopes of a breakthrough in looming trade talks between the US and China, the...
US: Stocks rise after Trump announces UK trade deal
Published Fri, May 9, 2025 · 06:06 AM[NEW YORK] US stocks finished firmly in the green on Thursday (May 8) after US President Donald Trump unveiled a “breakthrough” trade...
Asian banks see big boost to wealth business as currencies rally
[HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand...
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...
Bank Negara Malaysia holds rate at 3% amid output growth, flags tariff risks
[KUALA LUMPUR] Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient domestic demand and a...
