Business News

US equity futures at six-week low after Trump healthcare setback

US Treasury futures were up 0.18 percent Sunday, indicating that yields would start the week lower when bonds start trading in Asia later.

Mar 27, 2017

By Reuters

Asia stocks mixed, dollar slips as Fed continues to weigh

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1 percent.

Mar 20, 2017

By Reuters

Gold hits one-week high as Fed signals only gradual rate hikes

Spot gold rose 0.5 percent to $1,224.70 per ounce at 0313 GMT after touching $1,225.76.

Mar 16, 2017

By Reuters

Hanjin Shipping expected to shut down S'pore operations by end of March

Hanjin Shipping to shut down Singapore operations by end of March

At present, the company is "winding-down formalities" and administrative tasks.

Mar 6, 2017

By Samhati Bhattacharjya

Singapore dollar slides across the board as data show dismal outlook

The Singapore dollar has fallen 0.64% against the USD this week, moving off a 4-month high of 1.3975 fetched earlier in the week.

Mar 3, 2017

By Boby Michael

Singapore's private sector growth indicator slips to 4-month low

The Nikkei PMI came in at 51.4 down from 51.6 in Jan. The Feb SIPMM indicator was also down to 50.9 from 51.0.

Mar 3, 2017

By Boby Michael

Malaysian ringgit, Asia's worst performing currency, to fall further in 2017

Malaysian central bank holds rates, ringgit drops

The overnight policy rate is held at 3%.

Mar 2, 2017

By Boby Michael

South Korean won weakens amid mixed data as dollar rally continues, inflation data in focus

Retail sales numbers came better than expected but industrial output was below expectations. CPI data is due on Friday.

Mar 2, 2017

By Boby Michael

Singdollar rally continues, at fresh record vs Malaysian ringgit, near 4-mo high vs USD, ahead of Trump speech

The SGD is trading near two-month high versus the Hong Kong dollar too.

Feb 28, 2017

By Boby Michael

Singapore dollar at 3-month high vs USD, at record high vs Malaysian ringgit, down against Korean won in week

So far this month, the Singapore dollar is 0.5% up against the greenback, adding to the 2.7% rally in January.

Feb 25, 2017

By Boby Michael

IBT-SG FX Week: Asian currencies at fresh highs on latest US policy cues; Trump in focus

Trump is scheduled to address a joint session of the lawmakers on Feb 28.

Feb 25, 2017

By Boby Michael

Colombia cuts rates unexpectedly, peso slides

The bank said it considered the weakness of economic activity and uncertainty about the speed of convergence of inflation to its target.

Feb 25, 2017

By Boby Michael

Singtel to invest S$2.47b to buy stakes in InTouch, Bharti Telecom

Bharti Airtel shares surge 5%, associate Singtel stocks slide after Telenor takeover news

The Telenor shares were up for the past few days and at Wednesday's close, the Norwegian stock was up 2.8% so far this week.

Feb 23, 2017

By Boby Michael

Singapore consumer price inflation at 28-month high on rising food and transport costs

The MAS core inflation measure has surged to 1.5% y-y from 1.2%, beating market consensus of 1.3% rise.

Feb 23, 2017

By Boby Michael

China rejects Philippine's South China remarks; says want to strengthen Singapore ties

China and Singapore will hold a series of meetings in Beijing on February 27.

Feb 22, 2017

By Boby Michael

Prev 449 450 451 452 453 454 455 456 457 458 Next