OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations | US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers

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Breakfast Brief Friday, May 9, 2025 OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations [SINGAPORE] OCBC's net profit for the first quarter fell on lower net interest income and higher operating expenses. US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers [SINGAPORE] The US Federal Reserve keeping rates steady is a plus for stability in Asia's financial markets, but trade uncertainty from tariffs remains a key risk for… Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar [SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump's tariff war will hurt the world's largest economy… Lack of standards around cross-border renewable energy certificates trade prevents offtake agreements: EMA senior exec [SINGAPORE] The lack of standards around the cross-border trade of renewable energy certificates (RECs) is a key barrier preventing companies from signing offtake… DBS loan demand to remain strong in H1, full-year growth likely at 5% to 6%: CEO Tan Su Shan [SINGAPORE] DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war persists, said… BREAKING 07:22 AM Luxury labels ditch steep China discounts to rebuild brand value 07:07 AM OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations 07:01 AM Paramount beats estimates as streaming results pick up 07:00 AM What Europe can learn from Israel's defence industry 06:45 AM Three-year inflation views at highest since 2022 in Fed survey 06:32 AM Oil prices rise 3% on support from US-China trade hopes 06:16 AM Europe: Stocks rise after Trump strikes tariff deal with UK 06:06 AM US: Stocks rise after Trump announces UK trade deal 05:00 AM How advisers can augment the board 12:35 AM White smoke signals Catholic Church has new pope 11:16 PM Seafood paradise in Hachinohe 10:19 PM Bill Gates to give away US$200 billion by 2045, accuses Musk of harming world's poor 10:14 PM Apple's wandering eye is good for everyone but Google 09:59 PM Trump heralds 'breakthrough' trade deal with UK 09:46 PM US: Wall St opens higher ahead of potential US-UK deal announcement MORE BREAKING NEWS Seafood paradise in Hachinohe Hawker food reinvented at mod-Sin restaurant Belimbing Surprising sake in Aomori 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: Thursday, May 8, 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.