Business News

Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder/File Photo

Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation

US Treasury yields also declined as investors sought safe-haven assets, and crude oil, targeted for the first time by Chinese tariffs, fell sharply.

Aug 24, 2019

By Reuters

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Trump says US would tax French wine in response to digital tax

And if they do that we'll be taxing their wine like they've never seen before, he said.

Aug 24, 2019

By Reuters

Asian stocks shaky before Powell's speech as growth woes weigh

MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.1% lower, though it was up 0.6% for the week and on track to break a four-week losing streak.

Aug 23, 2019

By Reuters

JP Morgan to shut down Chase Pay app as it faces stiff competition from Apple

The app was introduced in 2015 as a bid to take on mobile payment service Apple Pay, which is used with devices such as the iPhone and Apple Watch.

Aug 22, 2019

By Wesley Dockery

T-Hub announces the success of 5 startups from its Lab32 program on World Entrepreneurs' Day

The second batch of Lab 32 startups showcase business growth by bagging MoUs with the government and corporates, raising a new round of funding by acquiring new customers

Aug 22, 2019

By IBTimes SG Desk

Amazon opens its largest campus globally in e-commerce push

The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on a small-scale neighbourhood and mom-and-pop stores.

Aug 22, 2019

By James Emmanuel

Asia shares sit still, await clarity on Fed policy

Wall Street had been saved by surprisingly upbeat results from retailers, which sent Target Corp surging 20% and Lowe's Cos Inc up 10%

Aug 22, 2019

By Reuters

China considers testing no-go zones for gasoline vehicles: ministry

The document was issued in response to a proposal from China's parliament on July 16 and reported by Chinese state media on Wednesday.

Aug 22, 2019

By Reuters

Fitbit targets 1 million new users with Singapore government tie-up

The deal, which involves the company supplying its trackers free of charge but on the condition that users will spend S$10 per month for a year.

Aug 22, 2019

By Reuters

Polychain Capital and NGC Ventures contribute to CoinFLEX's $10m USD fundraise

The investment announced as CoinFLEX launches incentive initiative designed to support the growth in trading volumes.

Aug 21, 2019

By IBTimes SG Desk

Mondelēz latches on to Spider-Man hype to boost oreo's market share in Southeast Asia

Silverpush teamed up with Mondelēz International and Marvel by implementing an agile marketing campaign surrounding the release of Spider-Man: Far From Home.

Aug 20, 2019

By IBTimes SG Desk

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During trade war with china, Donald Trump meets with Apple CEO Tim Cook

In September, the Trump administration will have tariffs of 10% to 25% on virtually all Chinese goods.

Aug 18, 2019

By Wesley Dockery

Papua New Guinea sends team to Singapore to renegotiate Total LNG deal

The state negotiating team, which includes Kua, left on Thursday for Singapore and will return early next week, the minister said in a statement released by his office.

Aug 18, 2019

By Reuters

China unveils reform to help firms borrow more cheaply

The central bank will incorporate LPR application into its macro-prudential assessment (MPA) to urge banks to use LPR pricing.

Aug 17, 2019

By Reuters

US removes some Chinese furniture, modems from planned 10% tariffs

The $114 billion retail furniture industry has been among the sector's hardest hit with price increases due to Trump's tariffs, which rose to 25% in May.

Aug 17, 2019

By Reuters

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