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China’s factories snap years-long deflation spell on Iran war price shock

China’s factory prices climbed above zero faster than expected, likely ending a record streak of economy-wide deflation.
China’s factory prices climbed above zero faster than expected, likely ending a record streak of economy-wide deflation.

IMF to cut global growth forecast due to Middle East war

IMF managing director Kristalina Georgieva highlighted the “asymmetric” effects of the crisis, hitting low-income energy importers much harder than others.
IMF managing director Kristalina Georgieva highlighted the “asymmetric” effects of the crisis, hitting low-income energy importers much harder than others.

No quick relief for oil and LNG prices as S’pore, Asia face uncertain return to normal supply: Analysts

Energy experts said that prompt or spot delivery prices of oil and liquefied natural gas (LNG) remain largely unmoved.
Energy experts said that prompt or spot delivery prices of oil and liquefied natural gas (LNG) remain largely unmoved.

US Fed minutes show growing openness to rate hikes at March meeting

The Fed minutes were released on April 8, a day after the US and Iran agreed to a two-week ceasefire.
The Fed minutes were released on April 8, a day after the US and Iran agreed to a two-week ceasefire.

Singapore retail sales rebound in February on CNY boost, but outlook clouded by Iran war

Chinese New Year gave a year-on-year lift to retail sales in February, reversing January’s decline, though a month-on-month pullback could be flagging slowing growth.
Chinese New Year gave a year-on-year lift to retail sales in February, reversing January’s decline, though a month-on-month pullback could be flagging slowing growth.

Economists once dismissed the AI job threat, but not any more

Economists surveyed in a study found unlikely but plausible that millions of jobs could disappear in the next five and 25 years.
Economists surveyed in a study found unlikely but plausible that millions of jobs could disappear in the next five and 25 years.

US judge upholds block on subpoenas to Fed’s Jerome Powell, teeing up likely appeal

US Federal Reserve chairman Jerome Powell  has pledged not to leave the central bank until the criminal probe against him is over.
US Federal Reserve chairman Jerome Powell  has pledged not to leave the central bank until the criminal probe against him is over.

Hong Kong developers sceptical about ambitious tech hub plan

mfopinion - A view of the swathe of farmland set to be affected by redevelopment for the Northern Metropolis mega project along Hong Kong's border with Shenzhen (separated by the river; this pic was taken from SZ side). 

Credit: Magdalene Fung
mfopinion - A view of the swathe of farmland set to be affected by redevelopment for the Northern Metropolis mega project along Hong Kong's border with Shenzhen (separated by the river; this pic was taken from SZ side). 

Credit: Magdalene Fung

Asia’s factory activity slows on cost pressure from Iran war

The Middle East war drove up energy and raw material prices for factories in Asia, which buys about 80 per cent of the oil that is shipped through the Strait of Hormuz.
The Middle East war drove up energy and raw material prices for factories in Asia, which buys about 80 per cent of the oil that is shipped through the Strait of Hormuz.

US job openings fell in February, hiring rate at lowest level since 2020

Looking ahead, the war-driven surge in oil prices risks pushing up operating costs for companies and threatens to impede further hiring.
Looking ahead, the war-driven surge in oil prices risks pushing up operating costs for companies and threatens to impede further hiring.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.