Singapore GDP grows 5.7% in second quarter as factories lead
Second-quarter output exceeded Reuters-polled forecasts, giving the MAS fresh data ahead of its July exchange-rate policy review.
By Sarah Jenkins 2 months agoSection
Markets
Americans use buy now, pay later loans for bills as volume rises
Federal Reserve estimates show BNPL originations rose to nearly $157 billion in 2025, while surveys point to wider use for groceri...
By Sarah Jenkins 2 months ago
Business groups press Senate to drop Pentagon contractor payout limits
A Senate defense bill provision would restrict buybacks and dividends by Pentagon contractors unless the Defense Department grants...
By Marcus V. Thorne 2 months ago
LimX raises $200mn as China humanoid robot IPO push accelerates
The Shenzhen humanoid robotics start-up was valued at $2.21bn in a pre-IPO round as capital flows into China’s embodied AI sector.
By Sarah Jenkins 2 months ago
Hormuz fee plan lifts oil supply concerns as traffic falls
Trump’s proposed 20% charge on Strait of Hormuz cargo has sharpened concern over oil flows, with analysts warning of higher costs...
By Amanda Ross 2 months ago
World Cup semifinal cities draw late travel surge in the US
Bank, hotel and travel data show bookings and spending rising as fans follow teams into the World Cup’s final week.
By Sarah Jenkins 2 months ago
Oil climbs as US Hormuz fee plan lifts supply concerns
WTI and Brent rose more than 2% after President Donald Trump outlined fees on Strait of Hormuz shipments and a renewed blockade of...
By Marcus V. Thorne 2 months ago
UMC begins Singapore silicon photonics output as Citi sees stronger second half
United Microelectronics started mass production of silicon photonics wafers in Singapore, while Citi projected a second-half impro...
By Marcus V. Thorne 2 months ago
Treasury yields climb as traders price higher Fed rate risk
U.S. government bond yields rose as oil prices advanced and markets raised the implied odds of a July Federal Reserve rate increas...
By Amanda Ross 2 months ago
SK Hynix options debut meets retail demand for AI supply-chain trades
Options on SK Hynix’s U.S. shares are due to start trading after its $26.5 billion ADR sale, with retail activity in semiconductor...
By Sarah Jenkins 2 months ago
Gulf producers accelerate plans to route oil away from Hormuz
Trump’s proposed 20% Hormuz cargo fee and U.S.-Iran tensions are increasing pressure on Gulf exporters to expand routes outside th...
By Amanda Ross 2 months ago
China exports rise 27% in June as AI demand and tariff timing lift trade
Customs data showed China’s exports and imports grew faster than expected in June, ahead of key GDP, output and retail sales figur...
By Sarah Jenkins 2 months ago