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Singapore Average Overnight Interest Rate

The benchmark interest rate in Singapore was last recorded at 1.26 percent. Interest Rate in Singapore averaged 1.66 percent from 1988 until 2020, reaching an all time high of 20 percent in January of 1990 and a record low of -0.75 percent in October of 1993. Sibor is a reference rate based on the interest rates at which banks offer to lend unsecured funds to each other in the Singapore interbank market. In Singapore, the monetary policy decisions are taken by The Monetary Authority of Singapore (Penguasa Kewangan Singapura). The Monetary Authority of Singapore does not control the monetary system by monitoring interest rates. Instead, it manages the Singapore dollar (SGD) exchange rate against a trade-weighted basket of currencies of Singapore's major trading partners and competitors. On January 28th, 2015 Singapore’s Monetary Authority surprisingly reduced the slope at which the SGD appreciates against main currencies, citing lower inflation expectations due to falling oil prices. This page provides the latest reported value for - Singapore Average Overnight Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Seychelles Average Prime Lending Rate

The benchmark interest rate in Seychelles was last recorded at 12.31 percent. Interest Rate in Seychelles averaged 10.07 percent from 2011 until 2020, reaching an all time high of 12.87 percent in April of 2019 and a record low of 2.81 percent in March of 2011. The Central Bank of Seychelles does not define a benchmark interest rate. Until September of 2013, the interest rate was the interbank loan rate. From October of 2013, the interest rate is the average prime lending rate. This page provides the latest reported value for - Seychelles Average Prime Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Greta Gerwig’s Little Women is vibrant, sardonic and out­rageously gorgeous

Saoirse Ronan shines as the tomboyish lead sister in this adaptation of Louisa May Alcott’s novel — with sly feminist subtexts




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Saudi Aramco slashes spending as oil price war rages

Capital expenditure expected to fall 23% at state energy company




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Outrage sells: Peter Aspden on Banksy and Bond Street

As Sotheby’s prepares for a selling exhibition of the street artist’s work the FT’s arts writer reflects on shock culture – and the art market’s appetite for it.  


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Election: Nigel Farage unveils Brexit party’s manifesto – as it happened

The Brexit party and the Welsh Plaid Cymru reveal their policies; Corbyn and McDonnell defend tax plans; Tories propose stamp duty rise for foreign buyers; while UK figures show more gloomy outlook

Read more




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Oil traders turn to salt caves and train cars in storage crisis

Crash into negative prices jolts producers into cutting back




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Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




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UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




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Mexico’s Grupo Lala chief to join JAB beverages arm

Mauricio Leyva to advise German family company on expanding beverages arm




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The tragedy of two failing superpowers

To address the pandemic, China and the US must not only function. They must function together




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Crisis lays bare risks of financial leverage, again

This time it is capital markets, rather than banks, that have to reform




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Backblaze challenges AWS by making its cloud storage S3 compatible

Backblaze today announced that its B2 Cloud Storage service is now API-compatible with Amazon’s S3 storage service. Backblaze started as an affordable cloud backup service, but over the last few years, the company has also taken its storage expertise and launched the developer-centric B2 Cloud Storage service, which promises to be significantly cheaper than similar […]




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Boston Dynamics’ Spot is patrolling a Singapore park to encourage social distancing

Since announcing the commercial availability of Spot, Boston Dynamics has presented a range of different gigs for the robot, from construction to telepresence. Last month, the company announced it was partnering with local hospitals interested in using the platform to perform remote visits for COVID-19 victims. Turns out the global pandemic has spurred all manner […]




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Original Content podcast: ‘Waco’ offers a surprising look at a real-world tragedy

“Waco,” a Paramount Network series that recently started streaming on Netflix, dramatizes the tragic real-life standoff between the FBI, the ATF and the Branch Davidians. A couple of your Original Content podcast hosts only had a fuzzy idea of what actually went down in Waco, Texas in 1993. And all of us were surprised by […]




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Original Content podcast: ‘Waco’ offers a surprising look at a real-world tragedy

“Waco,” a Paramount Network series that recently started streaming on Netflix, dramatizes the tragic real-life standoff between the FBI, the ATF and the Branch Davidians. A couple of your Original Content podcast hosts only had a fuzzy idea of what actually went down in Waco, Texas in 1993. And all of us were surprised by […]




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Backblaze challenges AWS by making its cloud storage S3 compatible

Backblaze today announced that its B2 Cloud Storage service is now API-compatible with Amazon’s S3 storage service. Backblaze started as an affordable cloud backup service, but over the last few years, the company has also taken its storage expertise and launched the developer-centric B2 Cloud Storage service, which promises to be significantly cheaper than similar […]




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WTI crude oil futures prices fell below zero because of low liquidity and limited available storage (4/22/2020)

On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of the following trading day. Monday marked the first time the price for the WTI futures contract fell below zero since trading began in 1983. Negative prices in commodity markets are very rare, but when they occur they typically indicate high transactions costs and significant infrastructure constraints. In this case, the WTI front-month futures contract was for May 2020 delivery, and the contract was set to expire on April 21, 2020. Unless they have made other arrangements ahead of time, market participants that hold WTI futures contracts to expiration must take physical delivery of WTI crude oil in Cushing, Oklahoma. Typically, most market participants close any futures contracts ahead of expiration through cash settlement in order to avoid taking physical delivery, and only about 1% of contracts are physically settled. The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants sold their futures contracts at negative prices, in effect paying a counterparty to close out of the contracts. ...




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'Walked all night on tracks, left behind as I couldn't keep up' says Aurangabad tragedy survivor; 16... - Firstpost

  1. 'Walked all night on tracks, left behind as I couldn't keep up' says Aurangabad tragedy survivor; 16...  Firstpost
  2. Sorry, we have run out of all words today  Mumbai Mirror
  3. NHRC issues notice to Maharashtra govt over deaths of migrant workers in Aurangabad train mishap, seeks det...  Zee News
  4. 16 walking home to MP fall asleep on rail tracks, run over in Maharashtra  The Indian Express
  5. Tragedy on tracks  The Indian Express
  6. View Full coverage on Google News





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Cody Simpson feels 'helpless' as the Australian bushfires continue to rage across the country

Cody Simpson has shared an emotional statement from across the pond, as devastating bushfires continue to burn across Australia.




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TV host sparks outrage by saying Serena Williams 'looks like one of those monkeys'

Radu Banciu, 49, sparked outrage with the comment while hosting the late evening show on B1 TV. He said: 'Serena Williams looks exactly like one of those monkeys at the zoo with the red a****.'




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Kanye West fans slammed for outrage over inclusion of RATTLESNAKE EGGS in PFW invitations

Critics of Kanye West's quirky choice of invitation have been slammed after it turned out the eggs included in his Yeezy Paris Fashion Week invite were fake.




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Luis Suarez lauded for outrageous backheel goal in Barcelona's rout of Mallorca

Luiz Suarez scored an outrageous 'once-in-a-century' goal to help Barcelona down Mallorca on Saturday night. The forward produced an audacious back-heeled finish in the 5-2 win.




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EastEnders bosses reveal which characters will survive boat party tragedy

The BBC soap will mark its 35th Anniversary next week with a dramatic run of episodes, and one character will be killed off as a boat party on the River Thames takes a tragic turn.




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Scottish outrage at plans for prominent England flags on Big Ben

In a move announced hours before England's crunch World Cup match, parliament said the St George flag will be picked out above the clock face on the famous landmark at Westminster.




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Outrage as Scotland's national dish rebranded 'Great British Haggis'

Stahly Quality Foods, based in Fife, has come under fire following the launch of the new product (pictured) with some describing it as a 'betrayal' and others labelling it 'wrong, very wrong'.




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Ashley James encourages people to be kind to themselves after discovering her jeans are 'too tight'

The former Made In Chelsea star, 33, wrote an impassioned post about how she previously felt very insecure with her body while working as a lingerie model due to 'diet culture'.




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Emma Watson's carbon footprint is THREE TIMES the average

Swedish academics analysed the carbon footprints of ten famous people who travel the globe, including actress Emma Watson, Bill Gates and Paris Hilton.




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Outraged Masterchef fans slam Ben's 'simplistic' meringue dish

Sweet Week on Masterchef has kicked off, with the remaining contestants tasked with dazzling the judges with tastebud-tingling concoctions.




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Outraged viewers blast Masterchef after Samira is eliminated

Samira Damirova was booted from Masterchef on Monday night after failing to impress the judges with her recreation of an Imperial Mandarin dessert.




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Maroon 5 channels Rage Against the Machine at Halloween party

Maroon 5 hosted their 15th annual Halloween bash at Rolling Greens in downtown Los Angeles on Thursday night. This year's theme was Area 51, featuring aliens, army trucks, and flying saucers.




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Children 'encouraged to build a border wall mural at White House Halloween party'

The festivities were held last Monday for the families of executive-branch employees and took place in the Eisenhower Executive Office Building across from the White House.




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Tragedy as care home resident, 92, dies from COVID-19 taking the national death toll to 98 

Fay Rendoth, 92, has been remembered by her loved ones after she died on Friday, bringing Australia's national death toll to 98.




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Ex-Grammys CEO denied rape allegation as 'false and outrageous'

Former Recording Academy boss Neil Portnow has issued a vehement denial of a rape allegation made by the recently ousted CEO Deborah Dugan, calling it 'false and outrageous'.




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Angelina Jolie says she encourages her daughters to 'develop their minds'

The award-winning actress, 44, has revealed she encourages her daughters to 'develop their minds' as she celebrates 'strong' individuals in a new interview with ELLE UK.




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Home listings drop by 82 per cent on average across UK

The worst affected boroughs in London are Hillingdon and Bromley, which have both seen a 91 per cent drop in listings. Woking, Surrey, is the worst affected place in the UK.




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Bayern Munich president claims 'outrageous' transfers will be 'less justifiable' after coronavirus

'Outrageous' transfer fees will become a thing of the past after the coronavirus pandemic, Bayern Munich president Herbert Hainer believes.




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The Voice execs 'encourage' Gwen Stefani 'to spar with' beau Blake Shelton on NBC talent competition

The insider told UsWeekly that the No Doubt singer 'is feeling pressure to fill very big shoes' as the new coach alongside Shelton, John Legend and Kelly Clarkson.




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Kevin Clifton insists girlfriend Stacey Dooley didn't encourage him to quit Strictly

The British dancer, 37, admitted that he did speak to his girlfriend Stacey about quitting the show, but it was his decision to quit the show after landing his dream role in Strictly Ballroom.




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Radamel Falcao encourages Chelsea bid as Manchester United flop says he wants to stay in the Premier League

Manchester United flop Radamel Falcao has encouraged Chelsea to make a move for him this summer by admitting he wants to remain in the Premier League.




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Eric Trump says father's critics were 'enraged' by Super Bowl ad because of what he achieved

President Trump's son, Eric, claimed his father's work on criminal justice outstripped the Democrats' promises to help those incarcerated on unjust sentences. His Super Bowl ad had sparked fury.




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Benfica wonderkid Joao Felix scores outrageous training ground goal 

Wonderkid Joao Felix executed a stunning goal during a Benfica training session to demonstrate why he is in such high demand across Europe this summer.




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Trippier went head-to-head with Alexander-Arnold and their qualities offer encouragement to England

JAMES SHARPE AT ANFIELD: There are few positions in which England are blooming more right now than at right-back. Two players did battle under the lights at Anfield as Liverpool.




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Martin Odegaard pulls off outrageous nutmeg on Sergio Ramos before being hacked by Read Madrid star

On-loan Real Madrid starlet Martin Odegaard left a wry smile on the face of his parent club's captain during Norway's 1-1 draw with Spain. Odegaard nutmeged Ramos before being hacked down




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Outrage as new Scottish MEP stands to earn thousands for four days

Heather Anderson took up her seat on Tuesday to replace Alyn Smith, who had served as an MEP for 15 years but had to step down after being elected MP for Stirling in the recent general election.




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Home Secretary Priti Patel facing a barrage of racist and sexist abuse on social media

Online trolls - some of whom told her to 'go back to India' and who mocked her Ugandan background - claimed to be members of Labour, the SNP and Green Party.




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Gary Barlow wins right to turn part of his £6m Cotswolds mansion into luxury car garage

The Take That star (pictured with his wife Dawn) lodged plans to demolish a section of his five-bed Cotswolds home in Alvescot, Oxfordshire, four months ago.




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Garage for sale in Melbourne attracts international interest

The 46 sq m carport at Little Graham Street in Albert Park, Melbourne has caught the eye of buyers in Singapore and England.




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Tiny garage in Melbourne at Albert Park fetches $650,000 at auction

The 46 sq m property at Little Graham Street in Albert Park, Melbourne sold on Saturday after it attracted international attention from buyers.