Business News

Validus Capital’s new office at OUE Downtown 2, Singapore

Singapore's SME Financing Platform Validus Capital Applying for Digital Banking Licence

The Digital Banking Licence will help Validus Capital (Validus) create a 360 solution to serve the unmet financial needs of SMEs in Singapore.

Jul 4, 2019

By IBTimes SG Desk

walmart to sell chinese e commerce business to JD.com

Walmart investment: Why is the retailer looking to invest big in China?

The investment will be used for Chinese distribution centers and will occur over the next two decades as it looks to increase its grocery deliveries.

Jul 4, 2019

By Dawn Geske

Stocks rally on expected Fed rate cuts; euro on defensive

Global sovereign bonds rallied overnight. The 10-year Treasury note yield plunged to 1.939%, a level last seen following Donald Trump's election as president in November 2016.

Jul 4, 2019

By Reuters

Malaysia to take action against school over 'anti-palm oil propaganda'

Malaysia relies on palm oil - a commodity used in everything from chocolate spread to lipstick - for billions of dollars in foreign exchange earnings and hundreds of thousands of jobs.

Jul 4, 2019

By Reuters

International Monetary Fund (IMF) Managing Director Christine Lagarde attends IMFC press conference during the IMF/World Bank spring meeting in Washington, U.S.,

Christine Lagarde is next European Central Bank president

She is currently managing director of the IMF and brings to the ECB her immense experience in monetary policy. She became IMF boss in 2011.

Jul 3, 2019

By Arthur Villasanta

In blow to Singapore's expansion, Malaysia bans sea sand exports

The ban was never made public because of the potential diplomatic fallout, the sources said. Singapore has not made any public comment on the ban.

Jul 3, 2019

By Reuters

Singapore wealth fund GIC warns of low returns amid trade war

GIC is ranked the world's eighth-biggest sovereign investor, managing $390 billion in assets, according to the Sovereign Wealth Fund Institute.

Jul 3, 2019

By Reuters

Travala.com and CoinDesk's consensus: Asia to drive further cryptocurrency payments in Singapore

This year's conference is expected to welcome over 1,500 attendees

Jul 3, 2019

By IBTimes SG Desk

Flexible andfamily-friendly policies coupled with soft skills trainings can drive higher employee satisfaction

PERSOLKELLY's APAC Workforce Insights shows that only 6 in 10 employees are satisfied with their companies in Singapore.

Jul 3, 2019

By IBTimes SG Desk

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province

Asia's factory activity shrinks, U.S.-China trade truce fails to brighten outlook

Analysts doubt the truce will lead to a sustained easing of tensions while lingering uncertainty could dampen corporate spending appetite and global growth.

Jul 1, 2019

By Reuters

Trump says China trade talks 'back on track,' new tariffs on hold

Rubio and Democratic U.S. Senator Mark Warner urged Trump to not use Huawei as a bargaining chip for trade negotiations.

Jul 1, 2019

By Reuters

Singapore private home prices unexpectedly rise to 5-yr high in Q2

Demand could also have been boosted by owners looking for replacement homes after selling their apartments to property companies for redevelopment.

Jul 1, 2019

By Reuters

Japan PM Abe to reshuffle cabinet on August 3, says Suga

Japan's Abe offers Saudi crown prince help in reducing oil dependency

Japanese Prime Minister Shinzo Abe wants to help Saudi Crown Prince Mohammed bin Salman with a sweeping reform plan.

Jun 30, 2019

By Reuters

trump-blames-president-xi-jinping-for-north-koreas-threat-to-cancel-face-to-face-summit

China warns of long road ahead for deal with U.S. after ice-breaking talks

The world's two largest economies are in the midst of a bitter trade war, which has seen them level increasingly severe tariffs on each other's imports.

Jun 30, 2019

By Reuters

Lego company acquires Madame Tussauds for $7.6 billion

The takeover premium is more than a third of Merlin's current market value. Merlin's shares jumped 14 percent in pre-trade.

Jun 29, 2019

By Kalyan Kumar

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