Business News

Job openings in Singapore outnumber jobseekers despite 'softening' economy

Employers are finding it hard to fill vacancies and the absolute number of job vacancies has been declining over the last year.

Feb 3, 2016

By Jacob J

Yahoo CEO Marissa Mayer talks about strategic alternatives

Yahoo to cut 15% of jobs; Internet business on the block again?

The plan will "dramatically brighten our future and improve competitiveness' says CEO.

Feb 3, 2016

By Staff Reporter

BP slumps to worst annual loss in 20 yrs, axes 7,000 jobs

BP's 2015 loss of $6.5 billion was worse than its 2010 results after the oil spill fiasco.

Feb 2, 2016

By Jacob J

Alphabet, Google parent, surpasses Apple as most valuable company

The last time Google was more valuable than Apple was in February 2010.

Feb 2, 2016

By Jacob J

Changi Airports-linked consortium to build Myanmar's biggest airport

Leading Japanese engineering contractors JGC holds 55 percent interest in the consortium.

Feb 2, 2016

By Staff Reporter

China factory activity shrinks more than expected

China's mammoth manufacturing sector plagued by chronic overcapacity and plunging demand.

Feb 1, 2016

By Staff Reporter

China ponzi scheme arrests expose overheated P2P finance market

With the Chinese economy slowing down, the little regulated P2P platforms ran into problems

Feb 1, 2016

By Jacob J

After job cuts, HSBC freezes salaries, hiring to trim costs

The bank had said in June it was axing 25,000 jobs globally.

Feb 1, 2016

By Jacob J

TPP: New Zealand protesters demand pullout ahead of Feb 4 signing

John Key's government says various tariff reductions under the trade pact will result in the addition of $2.7 billion to the country's GDP.

Jan 30, 2016

By Jacob J

Global uncertainties hit Singapore's manufacturing, services sectors

Another poll shows services sector has become increasingly pessimistic about short-term business prospects.

Jan 29, 2016

By Staff Reporter

Bank of Japan announces negative interest rates

Bank of Japan surprises markets with negative interest rates

BoJ says will 'cut the interest rate further into negative territory if judged as necessary'.

Jan 29, 2016

By Jacob J

United Airlines singapore non stop flight

United Airlines to operate non-stop flight between San Francisco and Singapore

Flying times will be approximately 15 hours, 30 minutes eastbound and 16 hours, 20 minutes westbound.

Jan 29, 2016

By Staff Reporter

Malaysia parliament approves joining TPPA

Malaysian parliament approves motion to join Pacific Partnership trade pact

The trade pact aims at radically liberalizing trade between 12 Pacific rim countries.

Jan 28, 2016

By Jacob J

Philippines economy posts 6.3 percent growth in fourth quarter

Elsewhere in Asia, China recorded 5.8 percent growth for full-year 2015 while Vietnam expanded 6.7 percent.

Jan 28, 2016

By Staff Reporter

Jobs growth in Singapore falls to lowest since 2003

Singapore expects the growth in local workforce numbers will remain muted for the next five years.

Jan 28, 2016

By Jacob J

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