Haze Returns, Fed Hike Rattles Markets, and Crystal Jade's Slow Fade Continues

Central Singapore's air quality slipped back into unhealthy territory at PSI 103 as Indonesian hotspot fires persist. The Fed's first rate hike in three years lifts US rates to 3.75–4%, with UOB economists flagging two more moves ahead — pressuring SGD, borrowing costs, and local equities. Crystal Jade shuttered two more outlets, bringing its 2026 closures to five as the iconic chain shrinks from 47 branches to just 13 since 2015.

The Full Picture

**Haze...