Economy
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further easing,...
Trump’s U-turn on fuel economy rules lifts European carmakers’ shares
The Trump administration cast the change, aimed at making it easier for automakers to sell petrol-powered cars[FRANKFURT] Shares of European carmakers jumped between 2.5 per cent and 5 per...
STI slips 0.4% amid fears of US economy slowdown
Across the broader market, decliners edge out gainers 259 to 256 after 1.6 billion securities worth S$1.3 billion change hands[SINGAPORE] The Republic’s benchmark index closed lower on Thursday (Dec...
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation [SYDNEY] Australia’s central bank may need to raise...
'The worst is behind us': Canada's economy is defying some of the grim forecasts about Trump's tariffs
WASHINGTON, D.C. — When U.S. President Donald Trump first threatened tariffs on Canadian goods, the forecasts were grim. GDP was expected to decline three per cent in seven months,...
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation[SINGAPORE] In Indonesia, travellers and even locals have long grappled with prices in...
South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year[SINGAPORE] The digital economies of South-east Asia are projected to hit a revenue of US$100...
Private funding in South-east Asia’s digital economy lags global level: report
[SINGAPORE] Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global...
