Federal Reserve chairman Jerome Powell said Tuesday the US central bank will be closely scrutinising Facebook's newly announced cryptocurrency Libra with an eye toward potentially regulating the virtual coin.

SINGAPORE bank stocks are starting to look more attractive at current levels while its Reits are beginning to look overpriced, said UBS Global Wealth Management in its July CIO Investing in Asia Pacific monthly report.

Oil prices rose slightly on Tuesday ahead of US data expected to show crude stocks declining there, outweighing investors' concerns that US-China trade tensions could weigh on fuel demand.

BEST World International now has until Oct 31 to convene its annual general meeting (AGM), the mainboard-listed skincare product seller announced on Tuesday.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR