News
Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
3+ hour, 18+ min ago (325+ words) The metal has surged to a record above US$5,595 in late January [NEW YORK] Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage of Thursday's (Feb 12) sharp…...
PBOC’s rising focus on overnight rate spurs talk of policy shift
22+ hour, 49+ min ago (519+ words) This change towards meticulous liquidity management helps the central bank align more with the US Federal Reserve [BEIJING] The Chinese central bank's heightened focus on the overnight money market rate is fuelling speculation that it may eventually move towards adopting…...
Indonesia's economic growth to exceed target in 2026, president says
23+ hour, 17+ min ago (228+ words) Prabowo says his flagship programmes, including free meals will boost the economy [JAKARTA] Indonesia's president said on Friday (Feb 13) that the country's economic growth is real and will this year surpass its target, adding that business players have acknowledged the…...
Singapore market thrives amidst global tech rout
1+ day, 25+ min ago (202+ words) Wall Street indices experienced a sharp decline yesterday, with the technology-heavy Nasdaq falling 2%, driven by intensified investor selloffs of tech shares. Asian markets also retreated from their recent highs. This global pullback followed a surprisingly strong US Jobs report, which…...
Malaysia’s economy grows 6.3% y-o-y in Q4, exceeding expectations
1+ day, 42+ min ago (361+ words) Full-year 2025 economic growth was 5.2 per cent [KUALA LUMPUR] Malaysia's economy grew 6.3 per cent in the fourth quarter of 2025 from a year earlier, its fastest pace in three years and surpassing expectations, government and central bank data showed on Friday. Economists…...
Malaysia's economy expands 5.2% in 2025
1+ day, 42+ min ago (867+ words) Bank Negara expects stronger spending, exports and a firmer ringgit to lift growth momentum into 2026 [KUALA LUMPUR] Malaysia's economy expanded 5.2 per cent year on year in 2025, exceeding the government's official forecast of 4 to 4.8 per cent, Bank Negara Malaysia said on…...
Blackstone leads the race to unlock US$7 trillion of cash in Japan
1+ day, 10+ hour ago (1260+ words) The firm and rivals are trying to coax them to put more of it in private equity and credit [TOKYO] Steve Schwarzman has become an unlikely fixture in Japanese media of late. The Blackstone co-founder stars in a 30-second television…...
Wall St rises as markets assess economic data
1+ day, 14+ hour ago (106+ words) Wall St rises as markets assess economic data'The Business Times [NEW YORK] Wall Street's main indexes inched higher on Thursday (Feb 12), a day after robust jobs growth and a dip in unemployment eased concerns around the US economy, while investor…...
US weekly jobless claims fall less than expected
1+ day, 20+ hour ago (208+ words) The fall reversed only a fraction of the prior week's jump [WASHINGTON] The number of Americans filing new applications for unemployment benefits decreased by less than expected last week, likely as disruptions from winter storms lingered. Initial claims for state…...
Singapore Budget 2026: Accelerating economic growth
1+ day, 21+ hour ago (885+ words) As global trade fractures, Budget 2026 doubles down on AI integration while reinforcing the social compact FRAGMENTATION is the new defining feature of the global trade environment. Amid this, Budget 2026 responds to a crucial question for Singapore: Can a small and…...