US Launches New Iran Strikes as Strait of Hormuz Conflict Escalates, Oil Prices Rise 
Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
Asian Stocks Slip as AI Chip Valuation Fears, Rising Oil Prices Weigh on Markets 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
Oil Prices Rise as Strait of Hormuz Risks Offset OPEC+ Supply Increase 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist 
Total lending by Singaporean commercial banks modestly rose during the month of November, albeit at a slower pace than before, following rise in general commerce loans. However, growth in business and consumer lending eased, pressuring the rate of growth.
Singapore total bank lending in November rose 0.4 percent from October, due to a rise in general commerce loans, central bank data showed on Friday, data released by the Monetary Authority of Singapore (MAS) showed Friday.
Loans and advances by domestic banking units in the city-state amounted SGD610.6 billion last month, up from to SGD608.0 billion in October. November bank lending rose 1.1 percent, from a year earlier. Moreover, Loans and advances in Asian currency units (ACU) rose to SGD539.4 billion in November from SGD528.9 billion in October
In addition, business loans rose 0.7 percent in November from October, at SGD361 billion. Consumer loans' growth stood 0.1 percent higher in November from a month ago, at SGD250 billion.
Meanwhile, USD/SGD traded at 1.44, down -0.13 percent at 4:15GMT.
