Last Wednesday, the Federal Reserve, the US’s central bank, raised benchmark interest rates in the country for the fourth time this year. The Fed raised the target rate by 0.25 percentage points for a range of 2.25% to 2.50%. The chart below shows how US interest rates have changed over the years. Source: The Straits Times The Fed said it views risks to the US economy as “roughly balanced,” but will continue to monitor global economic and financial developments and assess their implications for the economic outlook. The Fed’s median forecast for US GDP (gross domestic product) growth was cut to 2.3% for 2019 from 2.5%. Meanwhile, the US’s central bank is now expecting just two increases to benchmark interest rates in 2019, down from three increases previously. The Hon

This is purely for information only as the Company is already listed. I will not do much analysis on it. Apologies for missing this as i was busy traveling this month.Biolidics Limited ("Biolidics" or the "Company") placed out 27.5m shares at $0.28 each for a listing on Catalist and a market cap of $67.9m. The Company was listed on 19 Dec (and closed at $0.235, down 16%).Principal BusinessThe

Hello, everyone. Here are three things about the local stock market and investing in general that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) inched up 13.1 points, or 0.4%, to end the day at 3,058.7. Of the 30 index components, 20 finished in the green; four were in the red while the remaining six ended the day unchanged. The stock that emerged as the best performer was shipbuilder, Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6). Its shares rose 4.2% to S$1.24 each. On the other hand, Golden Agri-Resources Ltd (SGX: E5H) was the biggest loser as it fell 2% to S$0.25. 2. Still in the blue-chip territory, I checked out the valuations of the Singapore banking trio – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and