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The Federal Reserve held interest rates at 3.5%-3.75%, citing “uncertain” economic impacts from the war with Iran. While projecting faster growth and higher inflation for 2026, Chair Jerome Powell signaled potential future cuts despite political pressure and ongoing supply disruptions.1
Researchers uncovered “Darksword,” a powerful iPhone spyware exploiting outdated iOS versions, infecting millions of devices via Ukrainian websites. Linked to commercial vendors and suspected state actors, it highlights a growing malware market. Apple urges updates, stressing security against mass exploitation.2
Singapore and Japan upgraded ties to a Strategic Partnership, expanding cooperation in trade, digitalisation, defence, green energy, and exchanges. Leaders reaffirmed shared strategic outlooks, commitment to free trade, ASEAN centrality, and collaboration in technology, security, and sustainability, marking 60 years of diplomatic relations.3
Alibaba is raising prices for its AI-computing chips and cloud storage services by up to 34%, following a major structural revamp to focus on monetising AI. The hikes reflect surging demand, rising infrastructure costs, and intensified competition in China.4
Singapore’s construction sector faces mounting cost pressures as Middle East conflict drives oil price volatility and shipping disruptions. Material costs have risen 5–15%, while labour shortages and higher fuel and crane operator expenses strain the industry’s booming project pipeline.5
Disclaimer: The information provided is for informational purposes only and is provided on an “as is” basis without any warranties of any kind regarding its accuracy, completeness, or timeliness. This content does not constitute financial, investment, or professional advice. You should not use this information as a substitute for consultation with a certified financial advisor or other qualified professional. By using this information, you acknowledge and agree that the provider will not be liable for any losses, damages, or costs arising out of or in connection with your reliance on the information provided. All investment decisions are made at your own risk. Past performance is a not guarantee of future returns.
- https://www.cnbc.com/2026/03/18/fed-interest-rate-decision-march-2026.html ↩︎
- https://www.channelnewsasia.com/business/researchers-uncover-iphone-spyware-capable-penetrating-millions-devices-6001936 ↩︎
- https://www.channelnewsasia.com/singapore/singapore-japan-upgrade-ties-strategic-partnership-lawrence-wong-sanae-takaichi-6001031 ↩︎
- https://www.businesstimes.com.sg/international/alibaba-hikes-ai-service-prices-34-after-demand-soars ↩︎
- https://www.businesstimes.com.sg/singapore/fuel-cost-spike-choked-supply-squeeze-singapores-booming-construction-sector ↩︎
