Business SG

Real crunch from Saudi Arabia’s oil outage has yet to be felt

Channel News Asia SG Business - September 19, 2019

Trump ‘not thrilled’ with Fed but says chairman’s job safe: Fox News

Channel News Asia SG Business - September 19, 2019

Real crunch from Saudi Arabia’s oil outage has yet to be felt

Channel News Asia SG Business - September 19, 2019

Saudi Arabia’s ability to avert a global oil supply crunch will only become clear in...

Trump ‘not thrilled’ with Fed but says chairman’s job safe: Fox News

Channel News Asia SG Business - September 19, 2019

U.S. President Donald Trump said Federal Reserve Chairman Jerome Powell’s job is safe, even though...

India’s Modi to meet BP, Exxon executives to discuss investment opportunities

Channel News Asia SG Business - September 19, 2019

Indian Prime Minister Narendra Modi will meet executives from energy majors BP PLC and Exxon...

Singapore Airlines extends Formula 1 Grand Prix title sponsorship until 2021

Channel News Asia SG Business - September 19, 2019

SINGAPORE: Singapore Airlines (SIA) announced on Thursday (Sep 19) a two-year extension of its title sponsorship...

OECD cuts growth outlook to post-crisis low

Channel News Asia SG Business - September 19, 2019

PARIS: The trade war between the United States and China has plunged global growth to...

Biotech is going to the dogs – and big profits await

Channel News Asia SG Business - September 19, 2019

For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves...

Volkswagen, Porsche to recall around 227,000 cars over airbag, seatbelt issues: ...

Channel News Asia SG Business - September 19, 2019

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and...

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

Channel News Asia SG Business - September 19, 2019

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and...

China’s growth could slip below 6per cent, analysts warn, as trade war tak...

Channel News Asia SG Business - September 19, 2019

China’s economic growth risks slipping below the lower-end of Beijing 2019 target of 6per cent...

Ryanair plans 500-700 job cuts as O’Leary bags bonus

Channel News Asia SG Business - September 19, 2019

Ryanair shareholders narrowly approved a bonus scheme for Chief Executive Michael O’Leary on Thursday that...

Rocket Internet CEO says he has no current plans to go private

Channel News Asia SG Business - September 19, 2019

German ecommerce investor Rocket Internet has no immediate plans to go private, Chief Executive Oliver...

Shares inch higher after Fed cut, BOJ keeps powder dry

Channel News Asia SG Business - September 19, 2019

Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S....

Indonesia slashes rates again as tepid global growth bites

Channel News Asia SG Business - September 19, 2019

JAKARTA: Indonesia’s central bank slashed interest rates on Thursday (Sep 19) for the third month in...

Bank of Japan leaves policy unchanged after Fed rate cut

Channel News Asia SG Business - September 19, 2019

The Bank of Japan on Thursday (Sep 19) warned of increasing downside risks for the...

‘Day Zero’ looms in Australian Outback as climate change bites

Channel News Asia SG Business - September 19, 2019

An unprecedented water shortage in drought-stricken eastern Australia is driving home the brutal realities of...

Ukraine PM says land market could open up in October 2020

Channel News Asia SG Business - September 19, 2019

Ukraine’s land market could open up in October 2020 after parliament lifts a ban on...

Ryanair expects to be flying Boeing 737 MAX by February-March 2020

Channel News Asia SG Business - September 19, 2019

Ryanair expects to be flying the first of its grounded Boeing 737 MAX aircraft by...

Flipkart, Amazon, others rush to pull vaping devices after India ban

Channel News Asia SG Business - September 19, 2019

Amazon.com, Walmart-owned Flipkart and other e-commerce portals in India scrambled on Thursday to pull listings...

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go wel...

Channel News Asia SG Business - September 19, 2019

Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets...

US travel industry urges Washington to reauthorise tourism body Brand USA

Channel News Asia SG Business - September 19, 2019

Some 15 executives from companies associated with the tourism industry, such as American Express and...

US, Chinese trade deputies face off in Washington amid deep differences

Channel News Asia SG Business - September 19, 2019

U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for...

Toyota to expand plant in Brazil’s Sao Paulo state, joining Volkswagen, Ge...

Channel News Asia SG Business - September 19, 2019

Toyota Motor Corp on Thursday announced a 1 billion reais (US$243.29 million) expansion at a...

Why is the New York Fed pumping billions into the money market?

Channel News Asia SG Business - September 19, 2019

NEW YORK: For the first time in more than a decade, the US central bank...

Iran’s Khamenei approved Saudi strike: Report

Channel News Asia SG Business - September 19, 2019

WASHINGTON: Iran’s supreme leader Ayatollah Ali Khamenei approved last weekend’s attack on Saudi Arabia’s oil...

Tesla’s Model 3 earns insurance industry’s top safety rating

Channel News Asia SG Business - September 19, 2019

Tesla Inc’s Model 3 electric sedan has earned the top safety rating from the Insurance...

China still planning new coal power projects: Environmental groups

Channel News Asia SG Business - September 19, 2019

SHANGHAI: China’s total planned coal-fired power projects now stand at 226.2 gigawatts (GW), the highest...

Government working on new pricing model for HDB flats in Greater Southern Waterf...

Channel News Asia SG Business - September 19, 2019

SINGAPORE: The Government is working out a new pricing model for future public housing in...

CapitaLand group of stocks outpaced global peers with 28% YTD return: SGX

Business Times - September 19, 2019

THE eight Singapore-listed stocks under the enlarged CapitaLand group generated higher average returns than their...

Samko Timber unit to buy Sumber Graha Maluku stake for up to US$20.7m

Business Times - September 19, 2019

MAINBOARD-LISTED Samko Timber’s unit PT Sempurna Graha Abadi (SGA) will buy a 51 per cent...

Facebook CEO Zuckerberg dines with US senators in DC

Channel News Asia SG Business - September 19, 2019

Facebook chief executive Mark Zuckerberg will be on Capitol Hill this week to meet with...

Trump and California go to war over clean cars

Channel News Asia SG Business - September 19, 2019

U.S. President Donald Trump and the state of California went to war on Wednesday over...

‘Alexa, send US$20 to my favourite presidential candidate’

Channel News Asia SG Business - September 19, 2019

Amazon said on Wednesday it will make donating to a U.S. presidential candidate as easy...

Huawei promises smartest 5G phone, but will the Mate 30 take off?

Channel News Asia SG Business - September 19, 2019

Huawei launches what could be the world’s most powerful and feature-packed 5G smartphone on Thursday,...

Huawei eyes computer market as US squeezes telecom business

Channel News Asia SG Business - September 19, 2019

Huawei will step up its presence in the global market for computer hardware, a top...

Airbnb says second-quarter revenue topped US$1b

Channel News Asia SG Business - September 19, 2019

Airbnb Inc took in more than US$1 billion in revenue for the second quarter of...

Asian shares turn lower on guarded Fed, yen rises after BOJ

Channel News Asia SG Business - September 19, 2019

Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S....

New Zealand economic growth hits five-year low

Channel News Asia SG Business - September 19, 2019

WELLINGTON: New Zealand’s economic growth slowed to a five-year low in the 12 months to...

Vertex Ventures SEA and India closes round for US$305m fund

SG Business Review - September 19, 2019

Submitted By:  Danielle Isaac Case Study:  No It will back Series A tech startups in...

Manulife US Reit in US$142.1m equity fundraising to buy US$198.8m California off...

Business Times - September 19, 2019

MANULIFE US Real Estate Investment Trust (Manulife US Reit) on Thursday said it intends to...

Bahrain accelerates setup process for Singapore startups

SG Business Review - September 19, 2019

Submitted By:  Danielle Isaac Case Study:  No Startups can get guidance from Bahrain’s accelerators as...

SGX queries Medtecs over ‘unusual volume movements’

Business Times - September 19, 2019

MEDTECS International Corporation has responded to queries from the Singapore Exchange over “unusual volume movements”...

OUE to sell serviced apartments to Hong Kong’s Dorsett, AMTD for S$289m

Business Times - September 19, 2019

PROPERTY developer OUE Limited has inked agreements to sell Oakwood Premier OUE Singapore, its luxury...

SingPost’s struggling US units fail to find suitable buyers, to seek court...

Business Times - September 19, 2019

MAIL and logistics firm Singapore Post (SingPost) said on Thursday that its six-month sale process...

SingPost closes sale process for struggling US units with ‘no acceptable offers’

Business Times - September 19, 2019

MAIL and logistics firm Singapore Post (SingPost) said on Thursday that its six-month sale process...

AT&T, Dish not in talks over DirecTV deal: source

Channel News Asia SG Business - September 19, 2019

AT&T is exploring parting from its DirecTV unit, the Wall Street Journal reported, citing people...

Commentary: Air pollution’s nasty effects should motivate stronger action but ...

Channel News Asia SG Business - September 19, 2019

Dirty air drags down everything from student test results to football passing, says the Financial...

US Fed cuts key interest rate a quarter point, citing ‘uncertainties’

Channel News Asia SG Business - September 19, 2019

WASHINGTON: The US central bank cut its benchmark interest rate for the second time this year...

Huawei promises smartest 5G phone, but who will be brave enough to buy?

Channel News Asia SG Business - September 19, 2019

Huawei launches what could be the world’s most powerful and feature-packed 5G smartphone on Thursday,...

Parts shortage leads GM to lay off 1,200 temporarily in Canada

Channel News Asia SG Business - September 19, 2019

General Motors Co plans to temporarily lay off 1,300 workers at its final assembly plant...

Fed cuts interest rates, signals holding pattern for now

Channel News Asia SG Business - September 19, 2019

The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long...

‘Alexa, send US$20 to my favourite presidential candidate’

Channel News Asia SG Business - September 19, 2019

Amazon said on Wednesday it will make donating to a U.S. presidential candidate as easy...

US stocks post split finish as Fed delivers rate cut

Channel News Asia SG Business - September 19, 2019

NEW YORK: The benchmark Dow Jones Industrial Average erased a 200-point drop on Wednesday (Sep 18),...

S&P 500 ends slightly higher after Fed gives mixed signals

Channel News Asia SG Business - September 19, 2019

U.S. stocks came under pressure on Wednesday as investors waited for the Federal Reserve’s decision...

Facebook says its CEO will meet with US lawmakers this week

Channel News Asia SG Business - September 19, 2019

Facebook chief executive Mark Zuckerberg will be on Capitol Hill this week to meet with...

Comcast gives away Xfinity Flex TV device, pounding shares of Roku

Channel News Asia SG Business - September 19, 2019

Comcast Corp said on Wednesday it will offer internet customers a free streaming media set...

Pennsylvania joins states opposed to merger of T-Mobile, Sprint

Channel News Asia SG Business - September 19, 2019

Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at...

Microsoft approves US$40 billion share repurchase program

Channel News Asia SG Business - September 19, 2019

Microsoft Corp said on Wednesday its board had approved a new share repurchase program of...

Purdue Pharma seeks to halt opioid suits against company, Sacklers

Channel News Asia SG Business - September 19, 2019

OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for...

What Saudi oil attacks mean for pump prices in Singapore

Channel News Asia SG Business - September 19, 2019

SINGAPORE: Motorists in Singapore concerned about the risk that the weekend attacks on Saudi Arabia’s oil...

Daily Markets Briefing: STI down 0.51%

SG Business Review - September 19, 2019

Submitted By:  Clarist Zablan Case Study:  No YZJ Shipbuilding saw the sharpest decline amongst top...

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