Singapore consumer inflation remains steady at 1.2% in November, missing estimates

Singapore consumer inflation remains steady at 1.2% in November, missing estimates

An aerial view of Singapore’s Marina Bay Street Circuit on Sept. 17, 2024. Roslan Rahman | Afp | Getty Images Singapore’s inflation in November remained steady at 1.2%, missing estimates, as a higher increase in prices of services was offset by a steeper decline in electricity costs. The reading was lower than Reuters-polled analysts’ median…

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‘No doubt’ U.S. economy is slowing, with Europe tipped to outperform

‘No doubt’ U.S. economy is slowing, with Europe tipped to outperform

The U.S. economy is clearly losing momentum — but that does not necessarily spell an imminent recession, according to Ben Gutteridge, market insights strategist at Invesco. “I’ve no doubt the U.S. economy is slowing,” Gutteridge told CNBC’s “Squawk Box Europe” on Monday. With job creation beginning to cool, he acknowledged that some investors see the…

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Denamark to summon U.S. ambassador over Trump’s Greenland special envoy

Denamark to summon U.S. ambassador over Trump’s Greenland special envoy

Danish Foreign Minister Lars Løkke Rasmussen said Monday he will summon the U.S. ambassador to Denmark for a conversation about President Donald Trump’s appointment of a special envoy to Greenland. “I’m deeply upset about the appointment and the statement, which I find completely unacceptable,” Løkke Rasmussen told Danish media TV2 in an interview Monday morning….

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