Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S. President Donald Trump introduces in his second term.
And Mr Trump will continue raising the ante. Day two of his presidency saw a groundbreaking announcement of a joint venture into artificial intelligence (AI) infrastructure and data centres by OpenAI, Oracle and Softbank, with an investment potentially rising to US$500 billion.
Singapore’s 30-year government bond yields sit around 200 basis points below Treasuries of a similar tenor, the largest discount ever.
Trump did not announce new tariffs on his first day in office but said he was considering them for China, Mexico and Canada. Read more at straitstimes.com.
President Tharman Shanmugaratnam and Prime Minister Lawrence Wong have written congratulatory letters to the President of the United States, Donald Trump, to congratulate him on his second inauguration. The letters were dated Jan. 20 2025, the date of Trump's formal taking of power.
SINGAPORE: Singapore's President Tharman Shanmugaratnam and Prime Minister Lawrence Wong have congratulated Donald Trump on his inauguration as the 47th President of the United States. This is Mr Trump's second term in office,
SINGAPORE: President Tharman Shanmugaratnam and Prime Minister Lawrence Wong sent their well wishes to United States president-elect Donald Trump ahead of his inauguration and hailed the strong ties between the two countries.
Trump launched the digital token with branding including an image from an assassination attempt on him in July.
Trump says he could hit China with 10% tariff from next month
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Singapore’s STI ends 0.3% lower as investors digest Trump 2.0, no immediate China tariffs
Trump Says He Is Discussing 10% Tariff on China on Feb. 1
U.S. President Donald Trump on Tuesday said his administration is discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada.
TikTok CEO Singaporean Shou Zi Chew attended U.S. President Donald Trump’s inauguration on Jan. 20, seated alongside former presidents, family members and top tech executives.
Singapore’s currency weakness is likely to endure amid expectations that its central bank pivots to easing and US tariffs ripple through the global economy.
Plus, Brookfield finalises a mammoth dividend recap and a British activist investor rattles corporate Singapore
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