Business News

Asian stocks step back from one-year high after Fed rate talks

Trade turbulence shows market vulnerability as stocks get pricier

Stocks may have more support than last year, due largely to lower bond yields and a more dovish outlook on interest rates from the Federal Reserve.

May 11, 2019

By Reuters

China, US to hold more trade talks as Trump ratchets up tariff threat

China strongly opposes the latest US tariff hike but both countries will hold more trade talks to ease the situation.

May 11, 2019

By Reuters

Chinese smartphone vendors begins losing buyers

US firm accuses Huawei of enlisting professor to obtain its tech

CNEX is developing technology to enhance the performance of solid-state drives in data centers and has been in a dispute with Huawei Technologies Co Ltd since 2017.

May 10, 2019

By Reuters

Huawei

AB InBev's Asia business files for Hong Kong IPO of at least $5 billion

AB In-Bev said on Tuesday that it was considering listing a minority stake in its Asian operations.

May 10, 2019

By Reuters

Global Markets: US stock futures fall as Trump's tariff hike on China looms

Trump said on Thursday he was taking steps to authorise new tariffs on $325 billion in Chinese imports.

May 10, 2019

By Reuters

Recession risks prod BOJ to strengthen forward guidance in April

BOJ kept intact a pledge to guide short-term interest rates at minus 0.1 percent and long-term rates around zero percent via aggressive bond buying.

May 10, 2019

By Reuters

Trump's tariff hike on $200 billion of Chinese goods takes effect

Hike comes in the midst of two days of talks between top US and Chinese negotiators to try ending end a 10-month trade war between them.

May 10, 2019

By Reuters

ARA US Hospitality Trust successfully completes IPO, subscribed 1.1 times

First Pure-Play U.S. Upscale Select-Service Hospitality Portfolio To Be Listed On The SGX-ST.

May 9, 2019

By IBTimes SG Desk

Singapore's most in-demand jobs require more than just digital skills

Kelly Services 2019 Salary Guide reveals four sectors that will see the strongest job growth this year.

May 9, 2019

By IBTimes SG Desk

Asian shares hit fresh six-week lows ahead of crucial US-China trade talks

Stocks extended earlier losses in Asian trade after President Donald Trump said that China "broke the deal" in trade talks.

May 9, 2019

By Reuters

donald-trump-says-ilhan-omar-doesnt-like-israel

Trump says Beijing 'broke' trade talk deals, pledges to keep tariffs on Chinese goods

Trump accuses China of breaking the deal and that Beijing would pay if no agreement is reached, Beijing has announced it would retaliate if tariffs rise.

May 9, 2019

By Reuters

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse

Protests sparsely attended in London, New York and California, Britain's support for the strike was strong.

May 9, 2019

By Reuters

Grab explores spinning off financial services business

Grab has mandated a few banks to approach potential investors to take minority stakes in its financial services business .

May 9, 2019

By Reuters

Singapore central bank to reveal FX intervention, improving transparency

The MAS discloses less information than most other major central banks about how it comes to its decisions.

May 8, 2019

By Reuters

Seeking to avert higher tariffs, China dispatches top negotiator to US

A spokesman for the US Trade Representative's office said the higher tariffs are scheduled to take effect at 12:01 am EDT on Friday.

May 8, 2019

By Reuters

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