Hong Kong could trigger world recession, warns Harvard economist Carmen Reinhart

HONG KONG (BLOOMBERG) - Hong Kong's rolling political turmoil could prove a tipping point for the world economy, Harvard University economist Carmen Reinhart said. Noting...

Singapore core inflation falls to over 3-year low in July, outlook lowered

SINGAPORE - Singapore's core inflation fell to more than a three-year low in July and below economists' forecasts due to broad-based weakness in consumer prices, data...

Sinking Singapore stocks still seen as bright spot on dividends

SINGAPORE (BLOOMBERG) - Singapore's stocks may be falling, but some investors say they're still a bright spot in a global equity market marred by...

Hawker tech start-up Kedai Sayur raises US$4m led by East Ventures

SINGAPORE - Kedai Sayur, an Indonesian start-up that empowers vegetable hawkers by using technology, has closed a US$4 million (S$5.6 million) round of funding...

China AI start-up to file for Hong Kong IPO soon despite protests

HONG KONG (BLOOMBERG) - Chinese artificial intelligence start-up Megvii is filing documents soon for a Hong Kong initial public offering that could raise as...

Demand for tech jobs in Singapore grew 20% over last year: Report

SINGAPORE - The demand for technology jobs in Singapore rose by 20 per cent in the last 12 months, according to a recent Salary...

Asia stocks shaky before Fed chief’s speech as growth woes weigh

TOKYO (REUTERS) - Asian shares struggled to make any headway on Friday (Aug 23) as weak US manufacturing activity and uncertainty over how much...

Next US tariffs to drag China expansion below 6% for slowest growth since 1990,...

HONG KONG (BLOOMBERG) - The new tariffs that US President Donald Trump has threatened on US$300 billion of Chinese goods would drag China's annual...

Japan inflation hovers at 2-year low as BOJ easing talk grows

TOKYO (BLOOMBERG) - Japan's key consumer prices continued to rise at the same pace in July, amid increasing speculation that the Bank of Japan...

Harvard economist Carmen Reinhart warns Hong Kong could trigger world recession

HONG KONG (BLOOMBERG) - Hong Kong's rolling political turmoil could prove a tipping point for the world economy, Harvard University economist Carmen Reinhart said. Noting...

Singapore core inflation falls to over 3-year low in July, MAS downgrades 2019 forecast

SINGAPORE - Singapore's core inflation fell to a three-year low in July, below economists' forecasts, due to broad-based weakness in consumer prices, data released...

Hasbro buys Peppa Pig owner in $5.5b deal

NEW YORK (BLOOMBERG) - Pre-school television favorite Peppa Pig is moving in with the Power Rangers, Transformers and Mr Potato Head. Toymaker Hasbro Inc will...

Lone analyst who cut Cathay to sell says he faces huge pressure

SHANGHAI (BLOOMBERG) - The analyst who issued a report warning investors to dump shares of embattled Cathay Pacific Airways Ltd before they tumble to...

Sakae Sushi owner flags full-year loss on $3.2m impairment charge

SINGAPORE - Sakae Holdings, best known for its Sakae Sushi restaurant chain, said on Thursday night (Aug 22) that it expects to record a...

Baker Tech says US$3.7m claim against unit to hit profit

SINGAPORE - Oilfield services provider Baker Technology on Friday (Aug 23) said that a claim of about US$3.7 million against its subsidiary, CH Offshore,...

Frasers Property to redeem $600m 4.88% perpetual bonds on Sept 24

SINGAPORE - Frasers Property said on Friday (Aug 23) that it is redeeming $600 million of 4.88 per cent subordinated perpetual bonds issued in...

Stocks to watch: Chip Eng Seng, Boustead Singapore, Baker Tech, Sakae

SINGAPORE - The following companies saw new developments that may affect trading of their shares on Friday (Aug 23): Chip Eng Seng: Mainboard-listed developer Chip...

Singapore shares open lower on Friday; STI down 0.1% to 3,124.75

SINGAPORE - Singapore shares opened slightly lower on Friday (Aug 23), with the Straits Times Index losing 0.1 per cent, or 2.99 points to...

US stocks end mixed ahead of key Fed speech

NEW YORK (AFP) - Wall Street stocks were mixed at the conclusion of a choppy session on Thursday (Aug 22) on lackluster economic data...

Vision of ‘productive longevity’ behind recommendations for older workers: Josephine Teo

SINGAPORE - A vision of  "productive longevity" lies behind the recommendations made by the Tripartite Workgroup on Older Workers, said Minister for Manpower Josephine...

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