Business News

Malaysia's exports post unexpected decline

Analysts say consistently low oil prices and a slowing Chinese economy hit the country's exports.

Mar 4, 2016

By Staff Reporter

China set to announce sharp increase in defence spending

China to raise defence budget by 7-8% amid rising South China tensions

The exact figure will be revealed in Saturday's budget report. The increase last year was 10.1%.

Mar 4, 2016

By Boby Michael

Singapore Airlines takes full control of Tiger Airways

The national carrier controls 95.6 percent of Tiger Airways as of February 26.

Mar 4, 2016

By Staff Reporter

Private sector growth hits weakest pace in five months

The Nikkei Singapore Purchasing Managers' Index (PMI) for February was at 51.6, down from 52.5 in the previous month.

Mar 3, 2016

By Staff Reporter

Singapore may not raise foreign worker levy given economic slowdown - Analyst

The analyst also said Budget 2016 is unlikely to have a greatly positive impact on markets and economic growth.

Mar 2, 2016

By Staff Reporter

China to lay off six million workers as 'zombie industries' go under knife

China's 37 million workforce in the state sector accounts for nearly 40 percent of the country's industrial production.

Mar 2, 2016

By Jacob J

Singapore office space vacancy rates rise as slowdown bites

Adding to the problem of oversupply, many top dollar projects are nearing completion.

Mar 1, 2016

By Staff Reporter

Singapore steps up alternative energy by feeding solar power into general grid

The country, which generates only less than 1% of electricity from solar power, aims to raise this to 20% by 2050.

Mar 1, 2016

By Jacob J

China yuan down to 2-week low, shares plunge, on first day after G20

Yi Gang, the vice governor of China's central bank, had said on Sunday that said he is confident in the currency's fundamentals

Feb 29, 2016

By Boby Michael

China to work for investment treaty with US, infra cooperation with Turkey: Vice Premier Wang

Wang met with U.S. Treasury Secretary Jacob Lew and the Turkish counterpart Mehmet Simsek in Beijing on Sunday.

Feb 29, 2016

By Boby Michael

China terms Pentagon remarks on South China Sea as 'fallacy'

China urges the U.S. to stop playing up the situation.

Feb 27, 2016

By Boby Michael

SGX offers to buy Baltic Exchange with LME, CME and ICE also in the race

SGX share prices rise as investors cheer the move.

Feb 26, 2016

By Boby Michael

Growth concerns, reform agenda to dominate Shanghai G20 talks

China said it is keeping its reform plans intact and BoE's Mark Carney said central banks still have unused tools.

Feb 26, 2016

By Boby Michael

Noble Group warns of Q4 loss, $1.2 bln impairment on commodities slump

Noble Group swings to annual loss of $1.67 bln

chief executive Yusuf Alireza says Noble is making progress on its revolving credit facility.

Feb 26, 2016

By Jacob J

China to spend 100bn yuan to re-employ laid-off workers

The workers who lost their jobs as part of capacity rationalization in industrial units will benefit from this move.

Feb 25, 2016

By Boby Michael

Prev 475 476 477 478 479 480 481 482 483 484