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Singapore’s core inflation in February rises to 3.6% amid Chinese New Year spending
channelnewsasia.com/singapore/singapore-core-inflation-february-2024-chinese-new-year-4219536
Singapore’s core inflation in February rises to 3.6% amid Chinese New Year ...
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Singapore core inflation rises more than expected to 3.6% in February: This was the highest reading for core inflation since July 2023.
straitstimes.com/business/singapore-core-inflation-rises-to-36-in-february-partly-on-cny-effect
Singapore core inflation rises more than expected to 3.6% in February
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Profile picture of CNA
Singapore’s core inflation in February rises to 3.6% amid Chinese New Year spending
channelnewsasia.com/singapore/singapore-core-inflation-february-2024-chinese-new-year-4219536
Singapore’s core inflation in February rises to 3.6% amid Chinese New Year ...
Profile picture of The Straits Times
Singapore core inflation rises more than expected to 3.6% in February: This was the highest reading for core inflation since July 2023.
straitstimes.com/business/singapore-core-inflation-rises-to-36-in-february-partly-on-cny-effect
Singapore core inflation rises more than expected to 3.6% in February
Profile picture of Singapore Business Review
Inflation rises to 3.4% YoY in February: The price increase rate slightly rose to 3.4% year-on-year in February, data from the Ministry of Trade and Industry ...
sbr.com.sg/economy/in-focus/inflation-rises-34-yoy-in-february
Inflation rises to 3.4% YoY in February
Profile picture of Nikkei Asia
Lawrence Wong, Singapore's next PM, seeks growth in 'troubled world': SINGAPORE -- Born and raised in Singapore, Divya Loudon thinks her future may lie ...
asia.nikkei.com/Spotlight/Asia-Insight/Lawrence-Wong-Singapore-s-next-PM-seeks-growth-in-troubled-world
Lawrence Wong, Singapore's next PM, seeks growth in 'troubled world'
Profile picture of Bloomberg
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion
Profile picture of CNN.com
The Fed’s preferred inflation gauge just moved in the wrong direction: Inflation remained stubbornly high last month.
cnn.com/2024/04/26/economy/pce-inflation-spending-march/
The Fed’s preferred inflation gauge just moved in the wrong direction
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Profile picture of USA Today
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
The economy grew a disappointing 1.6% in Q1. What does it mean for ...
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Profile picture of Axios (website)
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
Profile picture of CNA
HDB resale prices rise 1.8% in Q1 of 2024; transactions up 8%: SINGAPORE: Prices of resale Housing and Development Board (HDB) flats rose 1 ...
channelnewsasia.com/singapore/hdb-resale-prices-rise-q1-2024-transactions-also-4294266
HDB resale prices rise 1.8% in Q1 of 2024; transactions up 8%
Profile picture of Fox Business
Raising a child in the US is getting even more expensive: The cost of raising a child in the U.S. has gotten exponentially more expensive, averaging about $21 ...
foxbusiness.com/economy/raising-child-us-is-getting-even-more-expensive
Raising a child in the US is getting even more expensive
Profile picture of The Hill (newspaper)
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
Profile picture of Mainichi Shimbun
BOJ keeps short-term rates unchanged as expected, yen tumbles - The Mainichi: TOKYO (Kyodo) -- The Bank of Japan on Friday maintained its policy rate unchanged ...
mainichi.jp/english/articles/20240426/p2g/00m/0bu/029000c
BOJ keeps short-term rates unchanged as expected, yen tumbles - The ...
Profile picture of Bloomberg
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet ...
Profile picture of The Wall Street Journal
What to Do With Bonds When Inflation Won’t Die: Readers weigh in, and our columnist responds, on how to invest for income in this market
wsj.com/finance/investing/how-not-invest-bond-market-part-two-cd4e6697
What to Do With Bonds When Inflation Won’t Die
Profile picture of Bloomberg
Singapore Hedge Fund APS Says Founder to Step Down as CIO: APS Asset Management Pte founder Kok-Hoi Wong is preparing to step down as chief investment officer of ...
bloomberg.com/news/articles/2024-04-26/singapore-hedge-fund-aps-says-founder-to-step-down-as-cio
Singapore Hedge Fund APS Says Founder to Step Down as CIO
Profile picture of ABC News
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
abcnews.go.com/Business/walmart-us-ceo-talks-inflation-checkout-paying-figures/story
Walmart US CEO talks inflation, self-checkout, and paying six-figures to ...
Profile picture of Bloomberg
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses
Profile picture of www3.nhk.or.jp
Weakening yen affects Japanese economy: The yen continues to weaken against the dollar, falling to the 156-yen level on Friday, the lowest in nearly 34 years ...
www3.nhk.or.jp/nhkworld/en/news/backstories/3293/
Weakening yen affects Japanese economy
Profile picture of Deccan Herald
It’s a question of jobs, stupid! : It’s a question of jobs, stupid! 
deccanherald.com/opinion/it-s-a-question-of-jobs-stupid-2995363
It’s a question of jobs, stupid! 
Profile picture of CNBC
FTC votes to ban noncompete clauses that bar employees from working for competitors
cnbc.com/2024/04/23/ftc-votes-to-ban-noncompete-clauses-that-bar-employees-from-working-for-competitors-.html
FTC votes to ban noncompete clauses that bar employees from working for ...
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
  • The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.

  • The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.

  • Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.

  • Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Profile picture of CNBC
Inflation, operating costs had the biggest impact on Asian firms last year, survey shows
cnbc.com/2024/04/25/inflation-biggest-hurdle-for-firms-in-southeast-asia-greater-china-uob.html
Inflation, operating costs had the biggest impact on Asian firms last year ...
Profile picture of Japan Today
Nikkei leads Asian gains following Wall Street rally: Asian shares rose on Wednesday, led by an 2% gain in Japan’s Nikkei 225 after U.S. stocks rallied for a ...
japantoday.com/category/business/nikkei-leads-asian-gains-following-wall-street-rally
Nikkei leads Asian gains following Wall Street rally
Profile picture of Daily Maverick
High noon for tense pay rise talks in SA’s struggling steel industry: The second round of talks is scheduled for Wednesday, 24 April, at the bargaining council ...
dailymaverick.co.za/article/2024-04-23-high-noon-for-tense-pay-rise-talks-in-sas-struggling-steel-industry/
High noon for tense pay rise talks in SA’s struggling steel industry
Profile picture of The Hill (newspaper)
NY Democrat urges postmaster general to reconsider stamp price increases: Rep. Ritchie Torres (D-N.Y.) is urging U.S. Postmaster General Louis DeJoy to ...
thehill.com/business/4615545-ny-democrat-urges-postmaster-general-to-reconsider-stamp-price-increases/
NY Democrat urges postmaster general to reconsider stamp price increases
Profile picture of Kiplinger
Now Could Be Time for Private Investors to Make Their Mark: The venture capital crunch may be easing, but it isn't over yet. That means there could be direct ...
kiplinger.com/investing/private-investors-could-make-their-mark-now
Now Could Be Time for Private Investors to Make Their Mark