Business News

Singapore to tighten maid service agencies with new grading and rating system

The employer rating system will be implemented by June this year. The Trustmark scheme will be rolled out by December next year.

Mar 9, 2016

By Boby Michael

China to push forward supply-side reforms, modernise farm sector, ensure grain security: President Xi

Xi said innovative ways of working, improved livelihood and modern agricultural practices are necessary to give the people more sense of benefits.

Mar 9, 2016

By Boby Michael

Noble Group looks to raise $2.5 billion to refinance debt

The commodity trader is in the market for a one-year borrowing base revolving credit facility.

Mar 9, 2016

By Jacob J

China says US-South Korea actions and DPRK reaction will unstable the Peninsula

The United States and the South Korea have kicked off their annual exercises on Monday and the North Korea has issued a warning of "all-out offensive".

Mar 8, 2016

By Boby Michael

Japan's economy contracts less than expected 1.1% in fourth quarter

Continued downturn in the economy poses harder challenge to Prime Minister Shinzo Abe's Abenomics approach

Mar 8, 2016

By Jacob J

Indonesian currency hovers near 10-month high, charts suggest more gains

Rupiah has rallied more than 4% so far this year.

Mar 8, 2016

By Boby Michael

Australian blogger facing sedition charges in Singapore pleads guilty

Her Singaporean husband Yang, another editor, is still denying the charges and the trial against him will begin on Friday.

Mar 7, 2016

By Boby Michael

China warns Taiwan's new government against "independence activities"

Our policy toward Taiwan will not change along with the change in Taiwan's political situation, Xi said.

Mar 7, 2016

By Boby Michael

OSIM founder Ron Sim offers S$300 million buyout bid

The bid provides shareholders a window of opportunity to sell their stake at a significant premium.

Mar 7, 2016

By Jacob J

Australian dollar rallies to 6-month high as analysts demand RBA rate cut

AUD/USD has risen to a 6 ½- month high of 0.7445 on Friday, making a more than 4% jump on the week.

Mar 5, 2016

By Boby Michael

China raises deficit-GDP ratio to 'redline' with growth, fiscal revenues under pressure

The 0.7 percentage point rise the ratio is estimated to provide the government about 470 billion yuan more to spend.

Mar 5, 2016

By Boby Michael

China's top party panel sets 2016 growth in 6.5%-7% range

China's National People's Congress approves the target figures, which will be officially announced by Prime Minister Li Keqiang.

Mar 5, 2016

By Jacob J

Singapore ranks fifth in global 'travel freedom' index

Budget 2016 will be 'prudent' as it tries to shore up slowing economy

The government estimates 2016 growth between 1 percent and 3 percent, the lowest average growth rate in the last ten years.

Mar 5, 2016

By Jacob J

Singapore dollar rallies to 4 ½ -month high tracking gains in yuan, rupee

The Singapore dollar has been rising since 29 February and it has strengthened nearly 2.4% against the greenback by Friday.

Mar 4, 2016

By Boby Michael

South Korean arms procurer faces probe on $35mn deal: Yonhap

The suspected deal was for a surveillance system that helps integrate existing radar and thermal imaging devices.

Mar 4, 2016

By Boby Michael

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