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Singapore stocks fall after Fed chief signals higher US inflation

June 20, 2025

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The Straits Times

• STI down 0.7% as tensions in Middle East spark unease • All three local banks close in negative territory • Seoul edges up while other regional bourses fall

- Ranamita Chakraborty

Local shares mirrored falls across global markets on June 19 amid concerns about sticky US inflation and growing unease over escalating tensions in the Middle East.

An air of pessimism set in for the trading day when US Federal Reserve chair Jerome Powell warned that consumers are expected to face higher prices due to the Trump administration's proposed import tariffs. He also dampened hopes about impending interest rate cuts in coming months.

المزيد من القصص من The Straits Times

The Straits Times

The Straits Times

MAIA WELCOMES MAIDEN KOREAN GROUP WIN ABOARD MUNHAK BOY

Ex-Kranji-based Brazilian hoop lands the Kookje Shinmun Cup

time to read

3 mins

October 28, 2025

The Straits Times

Chinese H-6K bombers fly near Taiwan ahead of Trump-Xi meet

A group of Chinese H-6K bombers recently flew near Taiwan to practise “confrontation drills”, Chinese state media reported late on Oct 26, publicising the action just a few days before the US and Chinese presidents are due to meet in South Korea.

time to read

2 mins

October 28, 2025

The Straits Times

The Straits Times

Pentagon frets over Kathryn Bigelow’s nuclear doomsday film

The plot of A House Of Dynamite, the new thriller from Oscar-winning American director Kathryn Bigelow, hinges on US missile defences failing to knock down a nuclear-tipped intercontinental ballistic missile (ICBM) headed for Chicago.

time to read

3 mins

October 28, 2025

The Straits Times

The Straits Times

Kohli, 36, fights an age-old battle: Talent v time

This is an old story. A story about talent, longevity and defiance. A story about how, for all the shining confidence of champions, time humbles them all. A story which starts by clarifying an untruth.

time to read

3 mins

October 28, 2025

The Straits Times

'MASSIVE WIN' MOST VALUABLE FOR ARTETA

Gunners overcome difficulty of beating Palace while on a tough stretch of games

time to read

3 mins

October 28, 2025

The Straits Times

IT'S ONE WEEKEND AT A TIME: NORRIS

Relaxed Briton to focus on himself as he leads by 1 pt from Piastri, with 4 races left

time to read

3 mins

October 28, 2025

The Straits Times

The Straits Times

The 'sleeper issue' at the heart of Trump's trade war

How his govt decides the origin of goods could blow up laboriously negotiated deals

time to read

4 mins

October 28, 2025

The Straits Times

Anti-scam probe • S’pore firm sanctioned

Khoon Group, a Singapore investment holdings firm, has been sanctioned by the US Treasury’s Office of Foreign Assets Control over its links to Cambodian national Chen Zhi.

time to read

1 min

October 28, 2025

The Straits Times

Not another work e-mail with exclamation marks!

It turns out there is less to worry about than you might think.

time to read

3 mins

October 28, 2025

The Straits Times

Sweeping 4 golds is 'incredibly special' for Kai

With a four-title sweep at the FlySpot Polish Open of Indoor Skydiving, Singaporean teenager Kai Minejima-Lee emerged as the most successful athlete of the Oct 23-25 event in Katowice.

time to read

2 mins

October 28, 2025

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