24 Feb '15, 8am

Market News In 2 Minutes @ 24th February 2015

As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too. Hence, I started this “Market News In 2 Minutes ” series. Following are the “Market News In 2 Minutes” for today : Singapore’s Consumer Price Index (CPI) (an indicator for inflation) fell 0.4 percent year-on-year in January. This followed the 0.1 percent contraction in the previous month of December. The contraction of CPI in January was mainly attributed to sharper price declines in direct oil-related items as well as growth moderation in lower food and services inflation. The Monetary Authority of Singapore has forecasted that inflation would be in the range of -0.5 to 0.5 percent this year while core inflation would be between …

Full article: http://thefinance.sg/2015/02/24/market-news-in-2-minutes-...

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