Singapore

SINGAPORE: Stocks fall; Aussie dollar soars after surprise hike

SINGAPORE, May 2 (Reuters) - Global shares fell on Tuesday, as caution set in ahead of the Federal Reserve's upcoming policy meeting, while bumper profits at Europe's biggest bank gave financial stocks a boost.

The Australian dollar soared after the central bank stunned markets with a surprise interest-rate hike, while in U.S. markets, short-dated government bond yields shot up after the Treasury Department said it could run out of the cash it needs to pay its bills by early June.

Singapore: Stocks ease, dollar perks up as focus returns to Fed and inflation

SINGAPORE, April 19 (Reuters) - Global stocks eased on Wednesday, while the dollar pulled further above last week's one-year lows, as investor focus honed in on what the Federal Reserve may have to do to tame inflation, rather than on the recent problems in the U.S. banking sector.

The MSCI All-World index (.MIWD00000PUS) fell 0.2%, thanks to a broad-based decline in equities around the world.

S&P 500 and Nasdaq 100 futures , fell between 0.3-0.5%, suggesting a touch of weakness at the opening bell.

SINGAPORE: Dollar jumps after strong New York manufacturing survey

SINGAPORE, April 17 (Reuters) - The dollar edged higher on Monday after the April survey of business activity in New York state rose for the first time in five months and bolstered expectations the Federal Reserve will raise interest rates in May.

The dollar index , a measures of the currency against six major peers, rose 0.443% after the Empire State Manufacturing index shot to 10.8 from -24.6 in March, far higher than expectations of -18 in a Reuters poll of 35 economists.

Exclusive: China plans $500 million subsea internet cable to rival US-backed project: SINGAPORE

SINGAPORE, April 6 (Reuters) - Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet.

SINGAPORE: No imminent threat of China invading Taiwan, says senior U.S. official

SINGAPORE, March 23 (Reuters) - The United States does not see an imminent threat of China invading Taiwan but is ready to defend the self-ruled island, a senior U.S. official said on Thursday in Singapore.

Tensions have simmered between the two major powers as China becomes more assertive in its territorial claims over Taiwan and in the South China Sea, while the United States shores up alliances across the Asia-Pacific region to counter Beijing's influence.

Singapore’s core inflation at 5.1 pct in December, averaged 4.1 pct for 2022

SINGAPORE, Jan 25 (NNN-Bernama) — Singapore’s core inflation came in at 5.1 per cent a year-on-year (y-o-y) basis in December, unchanged from November, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI).

“Smaller price increases for retail and other goods and electricity and gas were offset by higher inflation for food and services,” MAS and MTI said in a joint statement Wednesday.

Singapore's manufacturing PMI declines to 49.7 in December

SINGAPORE, Jan. 3 (Xinhua) -- The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, decreased 0.1 points from the previous month to post a fourth month of continuous contraction at 49.7 in December 2022.

A PMI reading above 50 indicates expansion, while a reading below 50 indicates contraction.

Singapore reports 542 new COVID-19 cases

SINGAPORE, Jan. 1 (Xinhua) -- Singapore reported 542 new cases of COVID-19 on Sunday, bringing the total tally to 2,202,756.

A total of 76 cases are currently warded in hospitals, with two of them held in intensive care units, according to statistics released by the Ministry of Health.

No new deaths from COVID-19 were reported on Sunday, leaving the total death toll unchanged at 1,711.

Singapore reports 835 new COVID-19 cases

SINGAPORE, Dec. 31 (Xinhua) -- Singapore reported 835 new cases of COVID-19 on Saturday, bringing the total tally to 2,202,214.

A total of 89 cases are currently warded in hospitals, with three of them held in intensive care units, according to statistics released by the Ministry of Health.

No new deaths from COVID-19 were reported on Saturday, keeping the total death toll unchanged at 1,711.

Singapore reports 1,073 new COVID-19 cases

SINGAPORE, Dec. 23 (Xinhua) -- Singapore reported 1,073 new cases of COVID-19 on Friday, bringing the total tally to 2,194,963.

A total of 99 cases are currently warded in hospitals, with five of them held in intensive care units, according to statistics released by the Ministry of Health.

No new deaths from COVID-19 were reported on Friday, leaving the total death toll unchanged at 1,710.

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