Singapore Evening Wrap: Inflation Climbs, Scam Syndicate Charged, Markets Rally on AI and Oil Dip

Singapore’s core inflation hit a nearly two‑year high of 2.2% in August, while police charged a Malaysian scam syndicate mastermind after a cross‑border operation. Markets cheered as oil fell and AI‑driven tech stocks lifted Asian and European indices.

The Full Picture

Inflation Climb Forces Cost‑of‑Living Watch

• What happened: Core inflation rose to 2.2% in August, up from 2.0% in July, with services, retail goods and food driving the increase.
• Why it matters:...