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UK inflation stable ahead of central bank rate call
UK inflation stable ahead of central bank rate call
Economy
by  AFP

British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its meeting this week. The BoE trimmed borrowing costs in August to four percent, its lowest level in 2.5 years, but is widely expected to maintain its key interest rate on Thursday and for the remainder of 2025.

Lower shipments to US, China weigh on Singapore August exports
Lower shipments to US, China weigh on Singapore August exports
Economy
by  AFP

Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping. Singapore's non-oil domestic exports shrank by 11.3 percent August 2025, faster than the revised 4.7 percent fall in July 2025, the government's Enterprise Singapore body said.