Business News

Reefknot Investments, SGInnovate and partners sign Global MoU

As a result of this MoU, the Global Emerging Supply Chain Technology (GESCT), a global Supply Chain and Logistics sector Think Tank, has launched in Singapore.

Sep 17, 2019

By IBTimes SG Desk

Dollar falls as oil attacks send investors to safety

Oil prices surged more than 15 percent following the strikes on two plants, including the world's biggest petroleum processing facility in Abqaiq.

Sep 16, 2019

By Reuters

Singapore August private home sales up 81.9% from year earlier

The data from Urban Redevelopment Authority showed developers sold 1122 units last month.

Sep 16, 2019

By Reuters

Drinking red wine can lower the short-term effects of cigarette smoking

Japan to eliminate tariffs on US wine in trade deal

US and Japan agreed in principle on the core elements of a free-trade deal that would cool a trade dispute between the allies.

Sep 15, 2019

By Reuters

Global spare oil capacity in US hands after Saudi outage

Besides the United States, the only countries which have significant spare capacity are Iran and Venezuela.

Sep 15, 2019

By Reuters

China to exempt US pork, soybeans from additional tariffs: Report

China renewing purchases of US farm goods and President Donald Trump delaying a tariff increase on certain Chinese goods.

Sep 14, 2019

By Reuters

Singapore 380-centistoke HSFO cash premium rises to new record

HSFO cash differentials have soared in recent weeks, thanks to tight regional supplies ahead of a switch to cleaner marine fuels from next year.

Sep 14, 2019

By Reuters

Nikkei climbs to new four-month high on US-China trade hopes, ECB stimulus

US and China trade war as well as stimulus from the ECB helped to counter lingering worries about a global economic slowdown.

Sep 13, 2019

By Reuters

China prods state firms to boost investment in crisis-hit Hong Kong

China wants to take more active role in Hong Kong as Beijing attempts to calm months of unrest in the city.

Sep 13, 2019

By Reuters

Euro waits for ECB as trade thaw spurs yuan rebound

Euro/dollar overnight implied volatility has soared to its highest since mid-2018 EURONO=, reflecting investor uncertainty about the impact of the ECB announcement on the single currency.

Sep 12, 2019

By Reuters

Singapore's Vertex adds $290 million venture fund for high-growth tech firms

The Vertex will seek to invest about $10 m to $15 m per company, typically in third and fourth round fundings, versus $3 m to $4 m by affiliate funds in early rounds.

Sep 12, 2019

By Reuters

International SOS recognised as the International Healthcare & Risk Management Provider of 2019

Along with 2019 FEM APAC EMMAs, the company also won acclaim for its TravelTracker solution, winning the Best Business Travel Management award.

Sep 12, 2019

By IBTimes SG Desk

Hong Kong Exchanges bids $39 billion to take over London Stock Exchange

HKEX said it had played a key role in underpinning the City of London's position as a pre-eminent global center for metals trading.

Sep 11, 2019

By Reuters

SoftBank wants WeWork to shelve IPO after valuation concerns surface: Report

SoftBank, which holds shares in startup WeWork, is keen to shelve a planned IPO amid concerns over the valuation, says a report by Financial Times

Sep 10, 2019

By Reuters

S&P Platts to assess prices for U.S. WTI crude delivered to Asia

Asian refiners are increasingly turning to sweet, or low-sulfur, light U.S. crude, amid falling production in Asia and as U.S. sanctions curb oil supply from Iran and Venezuela.

Sep 9, 2019

By Reuters

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