SINGAPORE – Singapore’s non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals. Nodx […]
LONDON (REUTERS) – Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country’s market watchdog Consob said on Thursday (July 15), joining a string of […]
BENGALURU (REUTERS) – Intel Corp is in talks to buy chip giant GlobalFoundries, a big investor in Singapore manufacturing, for about US$30 billion (S$40.6 billion), the Wall Street Journal reported […]
WASHINGTON (AFP) – Inflation will remain high in the United States for months to come but eventually retreat, Treasury Secretary Janet Yellen said on Thursday (July 15). The comments come […]
NEW YORK (REUTERS) – The Nasdaq ended lower on Thursday (July 15), pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data […]
NEW YORK (NYTIMES) – Facebook is setting up a programme to pay US$1 billion (S$1.35 billion) to creators through the end of 2022, Mark Zuckerberg, Facebook’s chief executive officer, said […]
HONG KONG (BLOOMBERG) – The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its […]
LOS ANGELES (BLOOMBERG) – Netflix, marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired a former Electronic Arts and […]
NEW YORK (REUTERS) – Oil prices dropped more than 2 per cent on Wednesday (July 14) after major global oil producers came to a compromise about supply and after United […]
SEOUL (BLOOMBERG) – South Korea added jobs for a fourth straight month in June, as a recovering economy kept the momentum alive in employment before new Covid-19 outbreaks triggered Seoul’s […]
SINGAPORE – The Singapore economy grew in the second quarter at a record pace due to a low year-ago base effect when the Covid-19 pandemic plunged the economy into its […]
TOKYO (REUTERS) – Japanese manufacturers’ business confidence rose in July to hit a more than two-and-a-half-year high, as the country’s export-driven recovery remained intact thanks to solid global demand, the […]
HONG KONG (BLOOMBERG) – Chinese on-demand logistics and delivery firm Lalamove is considering shifting its planned US$1 billion (S$1.36 billion) United States initial public offering (IPO) to Hong Kong, sources […]
WASHINGTON (AFP) – The United States saw its biggest surge in inflation in more than a decade last month, according to government data released on Tuesday (July 13), hitting consumers […]
JAKARTA (BLOOMBERG) – When Grace Tahir’s daughter turned 14, they sat down to talk careers. As a family linked to two Indonesian billionaire patriarchs, a life of leisure has always […]
NEW YORK (REUTERS) – Popular short-video app TikTok told its employees on Monday (July 12) that some will be offered the option to work remotely for up to two days […]
NEW YORK (BLOOMBERG) – Virgin Galactic Holdings filed to sell as much as US$500 million (S$676 million) in shares following a rocket-powered test flight by founder Richard Branson that won […]
SINGAPORE (THE BUSINESS TIMES) – Sembcorp Marine (Sembmarine) estimates losses for the six months ended June 30 will likely be in the region of the full-year losses incurred for 2020, according […]
SINGAPORE (THE BUSINESS TIMES) – White knight suitor Utico is making another last-ditch attempt to intervene in Hyflux’s winding up process. The Middle Eastern utility firm was looking to file […]
NEW YORK (BLOOMBERG) – Oil edged higher after a two-day gain amid optimism that fuel demand will keep rising, despite a Covid-19 resurgence in many regions. Futures in New York […]
