DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 in dividends | US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment

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Breakfast Brief Thursday, May 8, 2025 DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 in dividends [SINGAPORE] DBS' net profit for its first quarter fell due to higher tax expenses from the implementation of the 15 per cent global minimum tax, it said on Thursday (May… US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment [WASHINGTON] The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic… Category A COE premium breaks S$100,000 mark for the first time this year [SINGAPORE] At the Certificate of Entitlement (COE) bidding exercise on Wednesday (May 7), the premiums for mainstream car, larger car and open categories rose by… Singapore's aviation sector a 'bright spot' as air passenger traffic hits record 68.4 million: Chee Hong Tat [SINGAPORE] With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic's aviation industry remains a bright spot… HOCK LOCK SIEW Potential solar boom in South-east Asia an opportunity to invest in storage systems [SINGAPORE] In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could make solar… BREAKING 07:10 AM Trump administration to rescind and replace Biden-era global AI chip export curbs 07:01 AM Federal Reserve chair says Trump criticism 'doesn't affect doing our job at all' 07:00 AM No shelter from the storm 07:00 AM Financial stability requires an independent Fed 07:00 AM Towards better energy use benchmarks for Singapore's commercial buildings 07:00 AM Why carbon exchanges keep failing – and how to fix them 07:00 AM Will we see more nuclear proliferation? 06:54 AM DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 in dividends 06:53 AM Google shares plunge after Apple executive's court testimony 06:49 AM Trump says he won't lower China tariffs to jump-start talks 06:43 AM Black smoke: Cardinals fail to elect new pope on first try 06:23 AM Stripe introduces stablecoin accounts in more than 100 countries 06:21 AM Oil settles lower as hopes dim for US-China trade and supply worries ease 06:14 AM Europe: Shares slip as investors assess earnings, await Fed rate decision 06:09 AM US: Stocks end higher on Wednesday as Fed meeting holds no surprises MORE BREAKING NEWS BT Short takes Futureproofing Businesses for Resiliency | BT x DBS Budget 2025 Dialogue Scam Awareness & Prevention Workshop for Seniors Workers of eFishery protest at its Bandung based headquarters MORE VIDEOS Latest Podcasts BT Money Hacks: Million dollar retirement - Enough or good start? Market Focus Daily: Wednesday, May 7, 2025 WealthBT: Navigating a business sale MORE PODCASTS That's it for today's Breakfast Brief. Thank you for reading. You received this newsletter from someone? Sign up here to get daily updates right in your inbox. Other Good Reads Daily Debrief A round-up of all the important things that happened today. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. MORE NEWSLETTERS If you want to unsubscribe from this mailing list, click here.