Economy

Singapore overtakes Hong Kong to become world's No 3 financial centre: survey

Asian centers have improved their position while the dominance of the European and American centers has eroded over time.

Apr 8, 2016

By Boby Michael

Yen rallies to 17-month high vs dollar increasing worries of Japan's exporters

It has hit a 30-month high vs the British pound.

Apr 7, 2016

By Boby Michael

US, Philippines start two-week military drills as maritime tension with China rises

Asian military spending growth much higher than global rate: SIPRI

China's defence spending rises 7.4 percent while Saudi Arabia sees a 5.7 percent increase.

Apr 6, 2016

By Boby Michael

China and India see business conditions improve while Hong Kong's deteriorate further: Markit PMI

Hong Kong needs more policy support for shoring up growth while China and India have to improve their employment conditions, Markit said.

Apr 6, 2016

By Boby Michael

Hong Kong dollar pares January's steep slide as peg scrapping woes fade

The local dollar has rallied to 7.7522/US dollar this week, very close to its strong end of the pair's trading band of 7.75-7.85.

Mar 31, 2016

By Boby Michael

Singapore's SGX sees IPO business plunging on tough regional competition

The SGX had the smallest haul of new share sales among the region's four largest stock markets in 2015.

Mar 31, 2016

By Boby Michael

China slowdown, global headwinds will stymie Asia growth in years ahead

Southeast Asian economies will post stronger growth in the next two years, led by Indonesia.

Mar 30, 2016

By Jacob J

Asian currencies rally as Yellen drives dollar lower; Malaysian ringgit at 7-month high

The ringgit has rallied more than 5% this month and the Singapore dollar is the second best with a 3.6% rise from February closing.

Mar 30, 2016

By Boby Michael

Bank of England's new capital framework unlikely to impact banking system: HSBC

The BoE said it would raise the rate of the capital buffer that it requires financial institutions to have from 0% to 0.5%, effective 29 March 2017.

Mar 30, 2016

By Boby Michael

Gold drops to 1-month low as dollar rallies on Fed rate hike view

The yellow metal fell to as low as $1207/ounce on Monday, its lowest since 22 February, and at the low, it was down 2.5% on the month.

Mar 28, 2016

By Boby Michael

Vietnam sharply lowers growth expectations due to disaster impacts

In the first quarter of 2016, the country is estimated to have grown 5.46%, down from the 6.12% growth recorded in the same period last year.

Mar 28, 2016

By Boby Michael

US economy expands 1.4% in fourth quarter; corporate profits fall

Corporate profits decreased $159.6 billion in the fourth quarter, compared with a decrease of $33.0 billion in the third.

Mar 26, 2016

By Jacob J

Singapore Budget 2016: S$4.5 billion for industry transformation scheme

Heng offered relaxation in the foreign worker levy for struggling marine and process sectors.

Mar 25, 2016

By Jacob J

Bank of Thailand leaves rates despite slowing growth, Thai baht falls

The BoT held its benchmark one-day bond repurchase rate at 1.5% in a unanimous decision and in line with expectations.

Mar 23, 2016

By Boby Michael

Deflation deepens in Singapore despite rising food prices, currency weakens further

The consumer price index fell 0.8% in February, deeper than the 0.6% fall happened in January.

Mar 23, 2016

By Boby Michael

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BLOGS AND FEATURES

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

By IBTimes SG Desk

Previous 1 of Next

Economy

Singapore overtakes Hong Kong to become world's No 3 financial centre: survey

Yen rallies to 17-month high vs dollar increasing worries of Japan's exporters

Asian military spending growth much higher than global rate: SIPRI

China and India see business conditions improve while Hong Kong's deteriorate further: Markit PMI

Hong Kong dollar pares January's steep slide as peg scrapping woes fade

Singapore's SGX sees IPO business plunging on tough regional competition

China slowdown, global headwinds will stymie Asia growth in years ahead

Asian currencies rally as Yellen drives dollar lower; Malaysian ringgit at 7-month high

Bank of England's new capital framework unlikely to impact banking system: HSBC

Gold drops to 1-month low as dollar rallies on Fed rate hike view

Vietnam sharply lowers growth expectations due to disaster impacts

US economy expands 1.4% in fourth quarter; corporate profits fall

Singapore Budget 2016: S$4.5 billion for industry transformation scheme

Bank of Thailand leaves rates despite slowing growth, Thai baht falls

Deflation deepens in Singapore despite rising food prices, currency weakens further

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%