News

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...
From Aug 1, it will be cut to 5.45% per annum, from 6.3% previously, on the first S$100,000. Read more at straitstimes.com.
It might help to think that if U.S. President Donald Trump hadn’t introduced tariffs, his other policies could have also ...
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) joined bigger rival DBS Group in flagging a peak in interest rates after reporting record quarterly profit on Wednesday thanks ...
In Singapore, the bank rate is the interest rate set by the Monetary Authority of Singapore (MAS). All financial institutions take their cue from MAS, many in turn requiring loans from MAS themselves.
UOB has raised the interest rate of its two- and three-year fixed rate home loan package to 3.75 and 3.85 per cent a year respectively; This comes slightly over a week after the bank, along with ...
This amount increases to over $1,500 if the customer signs up for a home loan and mortgage insurance plan with the bank, due to the higher interest rates and a one-time cash bonus of $700.
SINGAPORE (Reuters) - Singaporean banks' mainstay wealth businesses are set to drive growth in the near-term on interest rate cuts and hopes of a revival in the Chinese economy, even as they are ...
SINGAPORE: The Federal Reserve has lowered interest rates for the first time in four years – and in a big way. The United States central bank on Wednesday (Sep 18) announced a 50-basis-point ...
Fed Chair Jerome Powell said Tuesday that the central bank would have already cut interest rates if it weren’t for Trump’s ...
SINGAPORE (Reuters) - Singapore's central bank is widely expected to keep monetary policy unchanged next week and hold off easing settings amid inflation and growth uncertainties caused by ...