The most aggressive interest rate hikers in Asia are now reversing course

JAKARTA (BLOOMBERG) - Indonesia is on track to join the Philippines in a new monetary-easing cycle as a darkening global outlook forces Asia's most...

USP Group extends deadline for proposed $5.6m sale of biofuel unit

SINGAPORE - Mainboard-listed USP Group and the potential buyer of its 93.09 per cent-owned biofuel subsidiary now have until July 5 to enter into...

Stocks to watch: Fortune Reit, Yanlord Land, Pan Hong Holdings, USP Group

SINGAPORE - The following companies saw new developments that may affect trading of their shares on Thursday (June 20): Fortune Reit: Hong Kong and Singapore...

Deutsche Bank faces criminal investigation for potential money laundering lapses

NEW YORK (NYTIMES) - Federal authorities are investigating whether Deutsche Bank complied with laws meant to stop money laundering and other crimes, the latest...

US Fed holds rates steady, signals cuts possible later this year

WASHINGTON (REUTERS) - The US Federal Reserve on Wednesday (June 19) signalled it could cut interest rates by as much as half a percentage...

US stocks gain as Fed signals it could soon cut rates

NEW YORK (AFP) - Wall Street stocks finished somewhat higher on Wednesday (June 19) after the Federal Reserve signalled it could soon cut interest...

Airbus fights back with big name buyers after Boeing’s Max showstopper

LE BOURGET, France (REUTERS) - Airbus sealed deals with big name buyers for its latest passenger jet at the Paris Airshow on Wednesday (June...

MOF invites feedback on Income Tax Act changes, including scrapping scheme for tax breaks...

SINGAPORE - Members of the public are invited to provide feedback on proposed amendments to the Income Tax Act, which include a move to...

Sias seeks government funds for operations; quashes concerns watchdog is not independent

SINGAPORE - The Securities Investors Association (Singapore) or Sias is seeking funding sources, potentially from government agencies, for its sustainability and to address concerns...

Asia shares pin all on dovish Fed, risk disappointment

SYDNEY (REUTERS) - Asian shares hit five-week highs on Wednesday (June 19) as investors wagered the Federal Reserve would follow the lead of the...

Singapore has 6 of 11 ‘super penthouses’ now on sale in the world: List...

SINGAPORE - Of the 11 super penthouses around the world now on the market, six are in Singapore, based on listings from 2016 to...

Singapore firms ‘moderately optimistic’ on growth amid global economic slowdown: Korn Ferry poll

SINGAPORE - Global macro factors and talent shortage are the top external factors that will impact overall business performance for Singapore firms in the...

Air New Zealand CEO resigns, weighing career in politics

SINGAPORE (REUTERS) - Air New Zealand's chief executive Christopher Luxon is stepping down in September after seven years in the role, as one of...

Singapore shares open sharply higher on Wednesday on trade, Fed hopes; STI up 1.17%

SINGAPORE - Singapore shares jumped after trading began on Wednesday (June 19), in line with regional markets and a US stock rally overnight, as...

Trump continues to poke Fed as rate-setting meeting opens

WASHINGTON (AFP) - With no let-up in pressure from the White House, the Federal Reserve on Wednesday (June 19) is set to make its...

AIA Singapore’s wealth managers to get training, certification meant for private bankers

SINGAPORE - AIA Singapore's wealth managers will be getting training and Institute of Banking and Finance Singapore (IBF) certification similar to that of a...

Trade tensions kick Asian business confidence to 10-year low: Thomson Reuters/Insead poll

MUMBAI (REUTERS) - Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a US-China trade...

Fastest growing skills among Singapore professionals include blockchain, workflow automation: LinkedIn

SINGAPORE - Workers in Singapore have been increasingly focused on picking up the skills relevant to blockchain, workflow automation and human-centred design. These three "rising...

Economy slowing but 2 in 5 Singapore employees still looking to change jobs this...

SINGAPORE - Thirty-nine per cent of employees in Singapore, or roughly two in five, plan to change employers this year, and of them, 40...

Global stocks rally on hopes for easier monetary policy, US-China trade

NEW YORK (REUTERS) - Global stocks rallied on Tuesday (June 18) and benchmark government bond yields tumbled after European Central Bank President Mario Draghi...

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