Singapore's central bank unexpectedly tightened its monetary policy settings on Monday (July 27), citing inflation concerns.The Monetary Authority of Singapore (MAS) said it would slightly increase the prevailing rate of appreciation of its exchange rate-based policy band, which is known as the Singapore dollar nominal effective exchange rate (S$NEER).It said there was no change to the width of the policy band or the level at which it is centred.Of the 16 analysts polled by Reuters ahead of the review, 12 had expected the MAS to hold policy settings steady and four had forecast a tightening.«Core inflation is projected to step up from July and remain elevated but should moderate discernibly from around mid-2027,» the MAS said.The MAS had tightened monetary policy at its previous meeting in April. MAS said the extent of this increase in the rate of S$NEER appreciation is smaller than in April.The annual core inflation rate was 1.6 per cent y/y in June, lower than expectations.Preliminary data showed the economy grew by a stronger-than-expected 5.7 per cent in the second quarter from a year earlier.[[nid:741000]]

A 76-year-old man was found dead at the foot of a Housing and Development Board (HDB) block in Outram on Sunday (July 26) morning.The incident happened at about 10.20am at Block 3 Everton Park, located in the vicinity of the Police Cantonment Complex and Singapore General Hospital.An eyewitness told AsiaOne that the man landed outside a nursing resource centre at the ground floor of the block.A police cordon was extended around an open area next to a community pavilion.In response to AsiaOne's queries, the police said that the man was found lying motionless at the foot of the said block and was pronounced dead at the scene by a Singapore Civil Defence Force paramedic.They added that no foul play is suspected based on their preliminary investigations.Police investigations are ongoing.

SINGAPORE — Singapore's central bank tightened its monetary policy settings unexpectedly on Monday (July 27), with inflation projected to step up in the months ahead.Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its currency instead of changing domestic interest rates like many economies.The Monetary Authority of Singapore (MAS) sets the path of what it calls the policy band of the Singapore dollar nominal effective exchange rate (S$NEER), thus strengthening or weakening the local currency against those of its main trading partners.Why does Singapore use this method?Singapore is a small and trade-reliant economy. Gross exports and imports of goods and services are more than three times its gross domestic product (GDP). Almost 40 cents of every Singapore dollar spent domestically is on imports.That means the exchange rate has a much bigger influence on inflation than domestic interest rates.

Iran has claimed that Ukraine struck its commercial vessel in the Caspian Sea on Israel’s behalf Read Full Article at RT.com

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Singapore condemns the recent attacks on Saudi Arabia, including on energy infrastructure and commercial vessels in the Red Sea, the Ministry of Foreign Affairs (MFA) said in a statement on Sunday (July 27).The ministry added that it is imperative that navigational rights and freedoms are respected and upheld in accordance with international law as reflected in the 1982 United Nations Convention on the Law of the Sea (UNCLOS), and that the safety of seafarers and ships is ensured in accordance with the International Convention for the Safety of Life at Sea (SOLAS).«We urge all parties to exercise restraint and avoid actions that could further escalate tensions,» MFA said.The ministry's comments came a day after Yemen's Iran-aligned Houthis attacked Saudi oil installations at two Red Sea ports and Saudi-backed forces ‌bombed the Houthis on Saturday, extending the war in the Gulf to a second front.

Lancée samedi au Rond-point de Nzeng-Ayong à Libreville, la 3ᵉ édition de la caravane Acti'Jeunes 3.0 de la Fondation Ma Bannière, portée par la Première dame Zita Oligui Nguema, vise à sensibiliser les jeunes aux addictions. Au Village de la Santé, des consultations médicales et psychologiques gratuites ont été offertes. Psychologues et addictologues ont accueilli de nombreux jeunes pour un accompagnement adapté. Nouveauté 2026 : un volet employabilité. Élèves et étudiants peuvent (...) - SOCIETE / SUJET_ECRIT_MAISON

India saw a record 5,022 children adopted between April 2025 and March 2026. Domestic adoptions accounted for 4,603 children, while inter-country adoptions numbered 419. Special needs children adoption increased by twenty-five percent, reaching 392 last year. Adoptions of girls also rose by eight percent, continuing past trends. Relative and step-parent adoptions saw a significant fifty percent increase.

Prime Minister Narendra Modi praised young Indians for recent achievements. PV Sindhu won the Japan Open badminton title, making the nation proud. India's first privately developed orbital rocket, Vikram-1, also achieved a successful launch. Students excelled in international science Olympiads, securing numerous medals. These accomplishments demonstrate the nation's confident and capable young generation.

The government allowed student protests and focused on conducting the NEET re-examination promptly. Culprits involved in paper leaks were arrested and brought before the judicial process. A timely re-examination prevented a year's academic disruption for students. Education Minister Dharmendra Pradhan resigned after the successful re-examination process. India also faces inflation risks from external and internal factors this year.

Minister of Local Government and Rural Development, Dr Ben Phiri, has issued a stirring call for the country’s traditional leaders to govern with honesty and integrity, insisting leadership must always serve to improve the welfare of ordinary people. The minister delivered his message during the elevation of Traditional Authority Mnyanja of Kasungu to the rank […] The post Kasungu now has 16 Senior Chiefs following Mnyanja’s historic elevation appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times.

Fourteen people were injured

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'Get detailed info', P 7

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