US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead | Five listed construction companies could benefit from mega Changi T5 project

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Breakfast Brief Thursday, June 19, 2025 US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead [WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve… HOCK LOCK SIEW Five listed construction companies could benefit from mega Changi T5 project [SINGAPORE] Koh Brothers Eco Engineering's share price spiked 14 per cent to S$0.057 a day after Jun 10, when it said a joint venture involving its subsidiary had bagged… Economists slash Singapore growth forecast to 1.7%, with manufacturing expected to shrink: survey [SINGAPORE] Private-sector economists' forecasts for Singapore's full-year 2025 growth and inflation fell sharply in the latest quarterly survey published by the… COMMENTARY Latest GLS programme designed to draw developers back to state tenders [SINGAPORE] Despite the uncertain global economic and political climate, the government will continue to provide stable land supply for private housing development in… BT EXPLAINS Amid ongoing investigations into its supply chain unit, how did Fu Yu's board end up with only one director? [SINGAPORE] A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. BREAKING 07:29 AM Air India cuts foreign widebody flights by 15% after crash 07:12 AM LA Lakers to be sold in record-breaking US$10 billion deal: ESPN 07:06 AM Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo 07:01 AM Warning signs on climate flashing bright red: top scientists 07:00 AM COE woes: When emotions get in the way of efficiency 07:00 AM Building the bridge: How robust infrastructure will anchor the JS-SEZ's success 06:46 AM Airbus hits US$21 billion orders at Paris Air Show as Boeing focuses on India crash 06:45 AM New US home construction falls to five-year low 06:34 AM Oil settles higher as Iran-Israel conflict enters sixth day 06:26 AM Europe: Shares fall as Middle East tensions weigh; eyes on Fed decision 06:26 AM Nike delays launch of women's brand in partnership with Kim Kardashian's Skims 06:19 AM US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead 06:12 AM Microsoft planning thousands more job cuts aimed at salespeople 06:12 AM US: Stocks flat after Fed decision as markets eye Iran 05:50 AM All eyes on Asia: How investors are future-proofing their portfolios 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: Inside Singapore's crypto boom Market Focus Daily: Wednesday, June 18, 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.