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S’pore factory output rises in May as AI demand continues to drive growth in electronics sector

AI-related demand continued to drive electronics production in May, but output fell in the transport engineering, biomedical manufacturing and chemicals sectors.

US Fed’s preferred inflation gauge hits fresh three-year high

The US-Israel war on Iran spiked global energy prices and snarled supply chains as Tehran choked off the critical Strait of Hormuz.

Singapore’s core inflation holds steady in May, but prices could climb

Private transport inflation saw the biggest jump in May, from 8.1 per cent in April to 8.6 per cent, on the back of larger increases in car and motorcycle prices.

Buy-now-pay-later for $4 bubble tea highlights Thailand’s household debt risk

The rapid spread of buy-now-pay-later installment plans — even for low-cost items like 106-baht (S$4) bubble tea - has caught the attention of Thailand’s central bank chief.

South Korea’s early exports jump again as AI boom fuels chip demand

Chip exports again led gains in early June, soaring 188.4 per cent from a year earlier.

Warsh kicks off new Fed era with sweeping review as rates remain unchanged

New Federal Reserve chairman Kevin Warsh has launched an ambitious review that could reshape how the us central bank makes decisions and communicates with the public.

Bank of Japan raises interest rates to 31-year high

With an economy heavily reliant on imported fuel, the Bank of Japan is focused on taming price pressures from the energy shock caused by the Iran war.

China home prices fall at faster pace in setback to revival

China’s property downturn has weighed on the economy for almost five years, hampering efforts by officials to spur household spending and reduce reliance on exports.

China’s economic imbalance deepens as retail sales fall for first time in over three years

Retail sales slid 0.6 per cent in May in the first monthly fall since December 2022.

Asia’s oil-thirsty economies cautiously welcome US-Iran deal to reopen Hormuz

A deal, if sustained, would be particularly welcome for Indonesia, which has had fiscal strains from subsidising fuel, and the Philippines, which has taken the heaviest economic toll from the energy crunch.

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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.