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07:07
Singapore's Deputy Prime Minister stated that due to the Middle East crisis potentially driving up global energy prices, Singapore will revise its economic outlook if necessary.
He stated in parliament on Monday that it depends on how long the conflict lasts; higher energy prices could lead to increased costs for businesses and consumers, putting pressure on both the global and Singaporean economies. He is closely monitoring the situation and is prepared to reassess Singapore's GDP and inflation forecasts if necessary. Almost all of Singapore's energy needs rely on imports, making it particularly sensitive to fluctuations in global oil and natural gas prices. Singapore has long warned that geopolitical tensions and supply disruptions could exacerbate inflationary pressures and drag down economic growth.
07:04
TenArmor: Detected an attack related to the BUBU2 token on BSC, with losses of approximately $19,000
Foresight News reported, according to monitoring by TenArmor, an attack related to the BUBU2 token on BSC has been detected, resulting in a loss of approximately $19,000.
06:54
Morgan Stanley names Nvidia as its top pick in the semiconductor sector, replacing Micron Technology
Previously, the stock price of storage chip manufacturer Micron experienced a significant surge. "A common view in the market is that the pricing of storage chip stocks reflects a longer and more sustained cycle compared to processor chips," analysts including Joseph Moore wrote in a report, "but we do not fully agree with this perspective." Concerns about the sustainability of Nvidia's growth in the market are expected to be replaced by optimism about its outlook through 2027 in the coming months.
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