Interest rate for CPF Special, Medisave and Retirement accounts to remain at 4% in Q2 2025
SINGAPORE: The interest rate for Central Provident Fund (CPF) Special, MediSave and Retirement accounts (SMRA) will remain at 4 per cent per annum in the second quarter of 2025, the CPF Board said on Wednesday (Mar 12).
This is because the SMRA pegged rate remains below the floor rate of 4 per cent.
Read MoreWhite House says Musk cuts to Social Security and Medicare won’t affect benefits
White House officials on Tuesday reiterated allegations of “waste and fraud” in entitlement programs after Elon Musk suggested his U.S. DOGE Service may seek to slash the programs’ spending, as the administration sought to reassure the public that no cuts will be made to Social Security, Medicare or Medicaid benefits.
Another red day on Wall Street: Trump's latest tariff threats bring the market-cap wipeout to $5 trillion
- The stock market faced another huge bout of volatility on Tuesday amid the latest tariff news.
- The decline accelerated following Trump’s tariff threats on Canadian metal imports.
- The Dow closed down by 423 points on Tuesday, after falling as much as 704 points.
The stock market saw another surge of volatility,
Read MorePowell: Federal Reserve to stay on hold amid widespread economic uncertainty
Powell said the economy remains mostly healthy despite “elevated uncertainty.”
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Originally Published: March 7, 2025 at 9:35 AM PST
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Read MoreA government shutdown now seems unlikely. That's giving the stock market a much-needed boost.
- The US stock market rallied on Friday after days of pain brought on by Trump’s trade war.
- Markets cheered Senator Chuck Schumer’s support for a GOP spending bill.
- It signals a government shutdown will likely be averted, delivering investors sorely needed good news.
After days of pain brought on by President Donald Trump’s trade war,
Read MoreThe Burst
Market Commentary: Buffett’s Japanese Play Is Genius
There is a reason Buffett is regarded as the greatest investor of all time. He’s got all sorts of tricks up his sleeve that most investors know nothing about. From warrants to riskless arbitrage, the gamut of innovative strategies he employs is as creative as it is extensive.
But his latest play might be among his most imaginative and intelligent yet.
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Read MoreThe Ivy
1 Growth Stock Hiking Dividends Again
A growth stock that pays a dividend may be the holy grail of investing because you get both the upswing in share price and the buffer of a steady payout when times get rocky.
Finding that unicorn is easier said than done because a lot of companies fall into one category or the other but not both.
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