The US Federal Reserve has been hiking up the interest rates for over a month and some of the effects have been felt throughout the world. Those who invest in the US market would have noticed a drop in prices for both company stocks and index funds. Year Average Yield Year Open Year High Year Low Year Close Annualper cent Change 2022 0.35 per cent … [Read more...] about Everything to know about US largest interest rate hike since 1994 and how it’ll affect Singaporeans
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Wrist-worn health trackers could spot Covid-19 before symptoms appear
LONDON: Health trackers worn on the wrist could pick up Covid-19 days before symptoms even appear, research suggests. The trackers monitor changes in skin temperature, heart and breathing rates and could be combined with artificial intelligence (AI) to offer a diagnosis, according to a new study. A team writing in the journal BMJ Open tested the Ava bracelet, a fertility … [Read more...] about Wrist-worn health trackers could spot Covid-19 before symptoms appear
Oil price falls around 3% as investors eye US Fed rate hikes
NEW YORK: Oil prices tumbled around 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could push the U.S. economy into recession, dampening demand for fuel. Brent crude LCOc1 futures fell US$2.91, or 2.5%, to settle at $111.74 a barrel. The global benchmark hit a session low of $107.03, its lowest since May 19. U.S. West Texas Intermediate (WTI) … [Read more...] about Oil price falls around 3% as investors eye US Fed rate hikes
S&P Global revises rating outlook on Petronas to stable
PETALING JAYA: S&P Global Ratings has revised its rating outlook on Petroliam Nasional Bhd (Petronas) to “stable” from “negative” for foreign and local currency long-term ratings. In a statement yesterday, S&P also said it affirmed its A local currency and A- foreign currency long-term issuer credit ratings on Petronas. “We also affirmed our A- foreign currency … [Read more...] about S&P Global revises rating outlook on Petronas to stable
Covid-19: New infection wave may emerge sooner than expected, says KJ
REMBAU: A potential new wave of Covid-19 infection may emerge sooner than earlier forecast, says Health Minister Khairy Jamaluddin (pic) . He said this was based on the number of cases reported in recent days both here and across the Causeway. "Over the past two to three days, we have been reporting more than 2,000 cases a day against 1,000 to 2,000 previously. "Today … [Read more...] about Covid-19: New infection wave may emerge sooner than expected, says KJ