Amanda Lee

1 week ago | morningstar.com | Amanda Lee

By Amanda Lee The Philippine central bank delivered a widely expected interest-rate cut to support the economy, warning about slowing global growth and geopolitical risks. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.25%, its second reduction so far this year. It lowered its benchmark lending rate to 5.75% from 6.00%. The central bank has now cut rates by 125 basis points since the beginning of the easing cycle in August last year.

1 week ago | tradingview.com | Amanda Lee

Economists Lower Singapore's 2025 Growth Forecast in MAS SurveySINGAPORE--Experts surveyed by Singapore's central bank have cut their 2025 economic growth forecast for the city-state, anticipating headwinds amid global trade uncertainty and geopolitical tensions. The median projection of economists and analysts is for gross domestic product growth of 1.7% this year, the Monetary Authority of Singapore's June survey showed Wednesday.

1 week ago | wsj.com | Amanda Lee

Oil prices gained again as Israel and Iran continued air attacks against each other, sustaining a sense of uncertainty across markets in Asia. Sirens sounded across Israel early Monday, warning of another barrage of missiles from Iran. That came after Israel’s military said it was striking dozens of targets in Iran on Sunday. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

1 week ago | tradingview.com | Amanda Lee

Singapore's Private Home Sales Fell in May Amid Lack of Project LaunchesSingapore's private home sales weakened, as there was a lack of project launches. Excluding executive condominiums, developers sold 312 units in May, down 53% from the previous month, data from the Urban Redevelopment Authority showed Monday.

3 weeks ago | tradingview.com | Amanda Lee

HSBC's Mark Tucker to Join AIA as ChairmanHSBA1299HSBC Group chairman Mark Tucker will return to Hong Kong-based insurer AIA Group as its new group board chairman. Tucker will step down from his role at HSBC and resign from the board on September 30, the bank said Friday. He will remain as a strategic adviser to the group CEO and board during the search for his successor. The bank said further updates on its succession process will be provided in due course.