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Markets price in fewer rate cuts as Fed holds on tariff uncertainty, persistent inflation
GLOBAL markets are pricing in fewer rate cuts for the year as the US Federal Reserve unsurprisingly kept rates on hold on Wednesday (Jan 29).
US looking into whether DeepSeek bought Nvidia chips from Singapore companies: report
THE US is looking into whether Chinese artificial intelligence company DeepSeek got around US export restrictions by buying Nvidia chips through companies in Singapore, Bloomberg reported on Friday, citing sources.
Global air travel and cargo volumes set records in 2024, driven by Asia-Pacific growth
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GLOBAL air passenger and cargo volumes posted record highs in 2024, with the Asia-Pacific contributing the most to the growth of the aviation industry.
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general corporate purposes.
Singapore shares track regional gains on Friday; STI up 1.4%
SINGAPORE shares tracked regional gains on Friday, ending the week higher after the two-day break for the Chinese New Year holidays.