US to hit Iran ‘extremely hard’ over the next two to three weeks: Trump in address to nation

In his speech, Trump cast the war as a success, saying the operation had nearly achieved its military goals.

The People’s Bank of China drained a total of 890 billion yuan (S$166 billion) worth of liquidity via short-term open market operations in March.

China drains cash from economy in rare pullback during oil shock

CHINA’S central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.

A man inspects debris at the site of a damaged building following an earthquake in Manado, North Sulawesi province, Indonesia, April 2, 2026.

Indonesia earthquake damages buildings, triggers tsunami waves

Epicentre of the quake was roughly 580 km south of the Philippine coast

A man at a petrol station in Port Dickson, Negri Sembilan, Malaysia, March 25, 2026.

Malaysia’s Anwar urges crackdown on fake news over fuel prices

MALAYSIAN Prime Minister Anwar Ibrahim called on enforcement agencies to step up action against what his government sees as false claims about fuel and electricity prices as it seeks to shore up publi...

Brent crude rose to US$105 a barrel, while West Texas Intermediate climbed back near US$102.

Oil gains after Trump says Hormuz to open ‘naturally’ after war

Brent crude rises to US$105 a barrel after US President’s national address on Iran war

A steel worker stands amid sparks of raw iron coming from a blast furnace at a ThyssenKrupp steel factory in Duisburg, Germany, Nov 5, 2025.

US set to roll out tiered tariffs on steel, aluminum imports

Tariffs will be shifted from content to the full value of the imported product

With supply chains disrupted, manufacturers paid more for inputs last month.

US manufacturing sector grows in March; supplier delivery performance deteriorates

The PMI remains above the 50 level for a third consecutive month, signaling expansion

The S&P 500 rose 28.0 points, or 0.43 per cent, at the open to 6,556.56​, while the Nasdaq Composite rose 152.2 points, or 0.70 per cent, to 21,742.795 at the opening bell.

Wall St opens higher as Iran war resolution hopes lift sentiment

[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 1), building onto their biggest one-day jump in nearly a year in the previous session, following President Donald Trump’s comment ...

Mortgage rates, which are tied to US Treasury yields, have turned up sharply as the war in Iran sparks concerns of higher inflation.

US mortgage rates march higher to seven-month high of 6.57%

The rate has surged nearly half a percentage point, the biggest advance since 2024

There are concerns that if oil prices continue to rise, they could offset some of the anticipated boost to consumer spending and the overall economy from tax cuts.

US retail sales increase solidly in February

They rise 0.6% after a revised 0.1% dip in January