WASHINGTON (REUTERS) – The head of the International Monetary Fund on Monday (Jan 19) said the global lender needed more resources to help heavily indebted countries, citing a highly uncertain […]
UOB Asset Management UOB Asset Management announced yesterday that it has completed the acquisition of VAM Vietnam Fund Management Joint Stock Company, which was first reported over a year ago, […]
Singapore’s benchmark Straits Times Index (STI) slipped back to under 3,000 yesterday, closing at 2,990.40 points, 14.47 points or 0.48 per cent lower. This was in spite of the Republic’s […]
NEW YORK (BLOOMBERG) – Goldman Sachs Group economists raised their growth forecasts for the US this year and beyond after President-elect Joe Biden unveiled a sweeping revival plan calling for […]
NEW YORK (BLOOMBERG) – Americans have become, by some measures, richer during the pandemic than ever before. It’s a difficult thing to fathom, what with the economic collapse and the […]
BENGALURU (REUTERS) – Janet Yellen, President-elect Joe Biden’s pick to take over the US Treasury, is expected to affirm the United States’ commitment to market-determined foreign exchange rates when she […]
SINGAPORE – Singapore’s economy is on the mend after suffering its worst recession last year but the employment outlook remains clouded. Even after encouraging data for November, there are enough […]
SINGAPORE – The global pandemic has had a profound impact on the appetite to invest in new start-ups, according to data compiled by global data analytics specialist GlobalData. The British-based […]
NEW YORK (BLOOMBERG) – Despite years of being seen as self-involved, overindulged children who cannot get it together, millennials have been growing up. In fact, some millennials are ageing into […]
A: Your employer cannot ask you to retire before you reach the statutory retirement age of 62. Beyond that age, your employer must, by law, offer you re-employment up to […]
Property investment volume in Singapore is expected to return to pre-Covid-19 levels this year as the vaccination programme is gradually rolled out amid optimism for overall economic growth, Cushman & […]
Property investment volume in Singapore is expected to return to pre-Covid-19 levels this year as the vaccination programme is gradually rolled out amid optimism for overall economic growth, Cushman & […]
SINGAPORE – Insurers have been re-thinking their policies in light of the pandemic with more firms gearing up for a post Covid-19 world. Most insurers stopped offering insurance benefits last […]
NEW YORK (AFP) – President-elect Joe Biden’s massive plan to help the US economy did not shake Wall Street’s downbeat sentiment on Friday (Jan 15), with major indices losing ground […]
News of the proposed privatisation of British hotel operator GL Limited sent shares of the Guoco Group unit soaring to a 10-month high yesterday after it lifted its trading halt. […]
The huge US$1.9 trillion (S$2.52 trillion) Biden stimulus package spurred investors to push the local market higher for the third straight session yesterday. The optimism sent the benchmark Straits Times […]
NEW YORK (NYTIMES) – Toyota Motor is set to pay a US$180 million (S$238 million) fine for long-standing violations of the Clean Air Act, the US Attorney’s Office in Manhattan […]
WASHINGTON (NYTIMES) – With the incoming administration of US President-Elect Joe Biden pushing for more economic stimulus and with multiple coronavirus vaccines already approved, some investors have been wondering whether […]
NEW YORK (AFP) – Wall Street stocks finished a choppy session modestly lower on Thursday (Jan 14) as the market awaited details of President-elect Joe Biden’s stimulus package after digesting […]
SINGAPORE • Japanese trading house Sumitomo Corp plans to close its crude and fuel oil trading desks in Singapore at the end of March and will relocate the trading functions […]
