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Global economy

More support for Singapore firms in the US as EnterpriseSG opens Boston office

(From left) Donald Wright, Boston interim chief, office of economic opportunity and inclusion; Eric Paley, Massachusetts Secretary of Economic Development; Edwin Tong, Singapore’s  Minister for Law and Second Minister for Home Affairs; Cindy Khoo, managing director of Enterprise Singapore; Yi-An Huang, Cambridge city manager; Lui Tuck Yew, Singapore’s Ambassador to the US; and James E. Rooney, president and chief executive of Greater Boston Chamber of Commerce, at the launch of Enterprise Singapore’s Boston Overseas Office.
(From left) Donald Wright, Boston interim chief, office of economic opportunity and inclusion; Eric Paley, Massachusetts Secretary of Economic Development; Edwin Tong, Singapore’s  Minister for Law and Second Minister for Home Affairs; Cindy Khoo, managing director of Enterprise Singapore; Yi-An Huang, Cambridge city manager; Lui Tuck Yew, Singapore’s Ambassador to the US; and James E. Rooney, president and chief executive of Greater Boston Chamber of Commerce, at the launch of Enterprise Singapore’s Boston Overseas Office.

Cuba rolls out more free-market reforms amid US pressure

The changes are aimed at making the island’s white-sand beaches, workers and real estate more accessible to foreign and national investors.
The changes are aimed at making the island’s white-sand beaches, workers and real estate more accessible to foreign and national investors.

Japan's finance minister, BOJ chief to attend G20 gathering next week

Japan's Finance Minister Satsuki Katayama arrives to speak to the media about the U.S.-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo, Japan, August 3, 2026. REUTERS/Issei Kato
Japan's Finance Minister Satsuki Katayama arrives to speak to the media about the U.S.-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo, Japan, August 3, 2026. REUTERS/Issei Kato

South Korea announces second successive rate hike

Bank of Korea Governor Shin Hyun-song bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on Aug 27.
Bank of Korea Governor Shin Hyun-song bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on Aug 27.

Australia inflation runs hot in July, adding to rate hike risk

Data from the Australian Bureau of Statistics showed its monthly consumer price index rose 1.0 per cent in July from June.
Data from the Australian Bureau of Statistics showed its monthly consumer price index rose 1.0 per cent in July from June.

S’pore to strengthen S-E Asian unity as ASEAN chair in 2027, build resilience to face crisis

Prime Minister Lawrence Wong said that Singapore will focus on deepening regional integration and strengthening partnerships beyond the region.
Prime Minister Lawrence Wong said that Singapore will focus on deepening regional integration and strengthening partnerships beyond the region.

Ditch inflation targets? Better to overhaul them instead

Price stability, however defined, must remain the holy grail.
Price stability, however defined, must remain the holy grail.

Japan’s economy unexpectedly slows as capital spending slips

Japan’s economy faces fallout from the conflict in the Middle East, which has pushed up prices for fuel.
Japan’s economy faces fallout from the conflict in the Middle East, which has pushed up prices for fuel.

AI offers ‘lifeline’ for emerging economies, World Bank says

Widespread job losses due to AI are also less of a threat to emerging economies, the report found.
Widespread job losses due to AI are also less of a threat to emerging economies, the report found.

News analysis

How Iran is widening its pressure campaign to force US concessions

A banner with a picture of US President Donald Trump next to an Iranian missile system is seen at Azadi Square in Tehran.
A banner with a picture of US President Donald Trump next to an Iranian missile system is seen at Azadi Square in Tehran.

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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.