Singapore Set to Keep Monetary Policy Tight, May Ease in October

📆 4/11/2024 2:45 AM
📰 BNNBloomberg

⏱ Reading Time:
26 sec. here
31 min. at publisher
📊 Quality Score:
News: 115%
Publisher: 50%

Finance News

Singapore,Monetary Policy,Asia Stocks

Singapore is expected to maintain its tight monetary policy but may consider easing it in October. This decision comes as Asia stocks are predicted to fall after another hot US CPI print. Oil prices are holding steady as the US sees a possible missile strike on Israel by Iran and its proxies. Nippon Steel's bid to buy US Steel is undergoing an extended antitrust review. Chinese investors are buying up copper and gold stocks, driving a 10% gain. KKR is considering a sale or IPO for BMC Software, valued at $15 billion. OpenAI's Altman is pitching a global AI coalition during his trip to the Middle East. Dale Jackson emphasizes the importance of home ownership for a workable retirement plan. He also advises against borrowing to buy a car solely based on the new car smell. Young adults should be aware of their tax obligations this year. As grocery prices rise and budgets tighten, food waste is no longer an option. Jackson recommends using tax tools to maximize investments and suggests tapping into home equity for retirement income.

Singapore Set to Keep Monetary Policy Tight, May Ease in OctoberAsia Stocks to Fall After Another Hot US CPI Print: Markets WrapOil Holds Advance as US Sees Possible Iranian Strike on IsraelUS Sees Missile Strike on Israel By Iran, Proxies as ImminentNippon Steel Bid to Buy US Steel Gets Extended Antitrust ReviewChina Ramps Up Yuan Support as Fixing Tops Estimates by RecordChinese Investors Snap Up Copper, Gold Stocks to Drive 10% GainsKKR Weighs Sale or IPO for $15 Billion BMC SoftwareOpenAI’s...

9 BillionChina Consumer Price Gains Fade With Industry Stuck in DeflationUS Sees Missile Strike on Israel By Iran, Proxies as ImminentNippon Steel Bid to Buy US Steel Gets Extended Antitrust ReviewAustralianSuper Plans to Double Private Equity Assets in Four YearsChinese Investors Snap Up Copper, Gold Stocks to Drive 10% GainsYields Soar as Traders Price in Just Two Fed Rate Cuts in 2024Proposals for New US Power Plants Jump 90% on Surging DemandChina Consumer Price Gains Fade With Industry...

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nippon Steel pledges to move US HQ to US Steel's PittsburghNippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an executive said...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US Steel Union Rejects Nippon Steel Letter as ‘Meaningless Piece of Paper’The United Steelworkers union dismissed a letter from Nippon Steel Corp. committing to spending and job protection as “a meaningless piece of paper,” in the latest salvo over the Japanese steelmaker’s planned $14.1 billion acquisition of United States Steel Corp.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Nippon Steel Makes Formal Pledge to Union in Push for US SteelNippon Steel Corp. made what it calls a formal commitment on spending and jobs to the United Steelworkers union, backing up a pledge made in an earlier meeting as the Japanese steelmaker looks to build support for its $14.1 billion acquisition of United States Steel Corp.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Nippon Steel’s New Chief Says Deal Will Only Strengthen US SteelNippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is vital to making the American company more competitive.
Source: BNNBloomberg - 🏆 83. / 50 Read more »