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  • Business
    Reuters SG

    EMERGING MARKETS-Taiwan shares plunge to six-week low, other Asian stocks steady

    TSMC, the world's largest contract chipmaker and major Apple supplier, tumbled 5.6% in its worst session since mid-April, dragging Taiwan's benchmark 3.3% lower. TSMC makes up just over 12% of the index. A broader index of Asian shares extended its 1.9% drop from the previous day.

  • Business
    MediaOutReach

    smart Aims to Make Premium EVs Ubiquitous in Singapore

    Driving Towards a Greener Future in Style SINGAPORE - Media OutReach Newswire - 26 July 2024 – smart, a market leader in premium, intelligent, all-electric cars, is set to transform Singapore’s automotive landscape in 2024. Led by a vision for widespread adoption of electric vehicles (EVs), smart’s range of high-end, compact, all-electric SUVs is a showcase of modern cutting-edge innovation, paired with an unwavering focus on the unique demands of urban drivers. Designed by the Mercedes-Benz Glo

  • Business
    Reuters SG

    UPDATE 2-Singapore's central bank keeps policy unchanged, as expected

    Singapore's central bank on Friday left its monetary policy settings unchanged for the fifth consecutive time, as expected, as growth picks up and ahead of an expected year-end moderation in inflation. The Monetary Authority of Singapore (MAS) said it expects the economy to strengthen over the rest of 2024, with growth coming in closer to its potential rate of 2–3%. "Barring renewed shocks to costs, core inflation should step down more discernibly in Q4, and fall further to around 2% in 2025," MAS said.