HONG KONG • Hong Kong’s embattled leader will not be making further concessions to the city’s protesters, one of her
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Brazil’s President defends plans to develop Amazon
BRASILIA • Brazil’s President Jair Bolsonaro attacked the “environmental psychosis” of European leaders concerned over his plans to develop the
Architect behind Petronas Towers, Cesar Pelli, dies
BUENOS AIRES • Mr Cesar Pelli, a force in modernist architecture who crafted bold landmarks such as the crayon-bright Pacific
Heatwave to intensify over parts of US this weekend
NEW YORK • A massive heatwave that has enveloped the US Midwest pushed into the north-east on Friday, ushering in
US marks milestone as Trump eyes leap to Mars
WASHINGTON • The United States yesterday marked the day 50 years ago that Nasa landed astronauts on the Moon, one
China exports fall in June after US tariff hike, imports shrink more than expected
BEIJING (REUTERS) – China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more
Braving curbs, Chinese buyers lead foreign revival in Singapore’s luxury homes
SINGAPORE (REUTERS) – Foreigners are once again pouring money into Singapore’s high-end property market despite hefty levies introduced last year.
Singapore not expecting full-year recession at this point, says DPM Heng Swee Keat
SINGAPORE – Singapore is not expecting a full-year recession at this point, although economic growth slowed to its lowest in
Chance of MAS easing Singdollar policy rises as economy flatlines: Poll
SINGAPORE (REUTERS) – Singapore’s central bank is increasingly likely to ease monetary policy at its semi-annual meeting in October in
Goldman joins Wall Street chorus warning about possible US currency intervention
NEW YORK (BLOOMBERG) – The buzz around possible US currency intervention is growing louder as Goldman Sachs has now weighed
Retail sales fall for 4th straight month with 2.1% drop in May
SINGAPORE – Takings at the till dropped for the fourth consecutive month in May, according to figures released by the
Singapore cautions wealth managers against aggressively courting Hong Kong business: Sources
SINGAPORE (REUTERS) – Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients
China’s Fosun in talks for $1.28b rescue of Britain’s debt-strapped Thomas Cook
HONG KONG (BLOOMBERG) – Fosun Group is considering taking control of Thomas Cook Group Plc’s tour business in a deal
China’s GDP growth seen slowing to 6.2% in second quarter: AFP poll
BEIJING (AFP) – China’s economy grew at its slowest rate in nearly three decades in the second quarter, according to
Economy a key issue in next elections, says Shanmugam in Bloomberg interview
SINGAPORE (BLOOMBERG) – Singaporeans will be asking who they can trust to steer the city-state through economic uncertainties when they
SIA-backed Indian airline Vistara to launch international flights in August with Singapore as first stop
SINGAPORE (REUTERS) – Indian full-service airline Vistara said on Thursday (July 11) it would launch its international flights in August,
Hyflux ‘progressing’ towards deal with Utico to invest $400m for 88% stake
SINGAPORE – Hyflux’s potential white knight Utico is looking to take an 88 per cent stake in the troubled water
DBS named World’s Best Bank by Euromoney magazine
SINGAPORE – DBS has been named the World’s Best Bank by Euromoney magazine in a first for an Asian bank.
Stocks rally as Fed chief sets stage for 1st US rate cut in a decade
TOKYO (AFP, REUTERS) – Asian markets rallied on Thursday (July 11) and the US dollar suffered further across-the-board losses after
KLW disposing stake in Vietnam factory owner for US$7.02m
SINGAPORE – Door maker KLW Holdings said on Wednesday night (July 10) that it is disposing its entire paid-up capital
Hong Kong watch tycoon raises stake in Cordlife to 28%, prompting jump in share price
SINGAPORE – Cordlife Group’s substantial shareholders, tycoon Hon Kwok Lung and his wife, Lam Suk Ying, have increased their combined
Singapore shares surge higher on Thursday; STI up 0.76% to 3,365.88
SINGAPORE – Singapore shares jumped at the start of trading on Thursday (July 11), after a record-breaking US trading session
UOB prices $750m 3.58% perpetual securities
SINGAPORE – United Overseas Bank (UOB) has priced $750 million of 3.58 per cent additional tier one perpetual capital securities
Ascendas India Trust to acquire 7th warehouse in India for $42m
SINGAPORE – Ascendas India Trust (a-iTrust) is planning to finance the construction of an additional warehouse in western India and
SGX makes key changes to delisting rules to protect independent and minority shareholders
SINGAPORE – The regulatory arm of the Singapore Exchange (SGX RegCo) on Thursday morning (July 11) announced changes to two