OTTAWA (REUTERS) – Currency markets calmed on Monday (Nov 29) in Asia after the initial shock of the discovery of the Omicron coronavirus variant sent investors scurrying for cover last […]
HONG KONG (BLOOMBERG) – An unstoppable ascent in the yuan is signaling Beijing’s growing ease with gradually freeing up one of the world’s most tightly-managed currencies. Since the yuan hit […]
SYDNEY – US equity futures and crude oil rose Monday (Nov 29) as traders weighed the possible impact of the omicron coronavirus strain on global economic reopening. S&P 500 and […]
SINGAPORE – Beng Hock Mechanical Engineering will be moving next year into a new facility in Kranji, where the local company will implement new digital solutions projected to help it […]
SINGAPORE – Customer-facing companies like banks are not alone when it comes to digital vulnerability with manufacturers worldwide increasingly hit by cyber-based disruptions. Zurich-based insurer Chubb noted that Singapore’s pivot […]
SINGAPORE – We all know that the Central Provident Fund (CPF) is a national retirement scheme but many people still have some doubts about its efficiency and prefer to focus […]
Just when you think you are over the worst of one crisis, fresh challenges jump up to confront you. Mr Kerry Mok, the incoming president and chief executive officer of […]
(BLOOMBERG) – Mr Jon-Michial Carter was the biggest sceptic of remote work when one of his managers suggested they test the idea in 2019. “We had a 100,000 sq ft […]
(NYTIMES) – Forget Miami and Palm Beach. Those looking to buy good oceanfront homes should take a closer look at South Florida which is fast becoming popular with rich retirees […]
(BLOOMBERG) – The higher stocks go, the louder the forecasts for their demise. Prices are hopelessly stretched, warn the naysayers – the gains aren’t justified by earnings. But to a […]
SINGAPORE – Local company PacificLight Power looks an improbable pioneer at first glance, but it is on the frontiers of the brave new world of renewable energy. The company is working […]
TOKYO (BLOOMBERG) – Higher fuel prices drove up Tokyo’s cost of living at the fastest pace in 16 months, although the increases were still tiny compared to those confronting consumers […]
BEIJING (BLOOMBERG) – Beijing Capital Group is considering selling its waste management business in Singapore for as much as US$500 million (S$683.9 million), according to sources familiar with the matter. The […]
You’re familiar with a key pandemic mantra: Wash your hands frequently with soap and water. No soap and water? Use hand sanitisers. Want to avoid alcohol-based sanitisers because of dry […]
WASHINGTON (NYTIMES) – Worries about inflation dominated the Federal Reserve’s November policy meeting, with some policymakers suggesting that the United States central bank should move more quickly to reduce its […]
NEW YORK (REUTERS) – Wall Street ended higher on Wednesday (Nov 24), lifted by gains in Nvidia and other tech stocks, while Gap and Nordstrom shares tumbled following weak quarterly […]
The Covid-19 pandemic may have accelerated the adoption of ICT (Information and communications technology) technologies in Singapore, but that has left vulnerable groups even further behind in the digital era. […]
SINGAPORE – Singapore raised its trade forecasts for this year amid better-than-expected performance, robust global semiconductor demand and higher oil prices. Total merchandise trade is now expected to grow between […]
SINGAPORE – Singapore’s economic growth will slow to between 3 per cent and 5 per cent next year amid an uneven recovery at home and lingering uncertainty over global growth, […]
SEOUL (BLOOMBERG) – Samsung Electronics has unveiled plans to invest US$17 billion(S$23 billion) in a new advanced chip plant in Texas, a marquee project that will fortify the US semiconductor […]
