Together upsizes LABS securitisation facility to £1.2bn

Sales rise 82.50% to Rs 9.18 crore

US consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this year. However, inflation remains above the Fed’s target, with Middle East tensions and oil-price uncertainty keeping upside risks elevated.

Strong AI-related demand helped the electronics and precision engineering clusters of the manufacturing sector, as well as the machinery, equipment and supplies segment of the wholesale trade sector, it said. Singapore’s government has said it expects global demand related to artificial intelligence will help cushion the city state’s economy from the impact of war in…