Business News

South Korea President Moon pledges action against Japan's 'unfair' trade move

South Korea President also criticized Japan as a "selfish nuisance" for disrupting the global supply chain.

Aug 2, 2019

By IBTimes SG Desk

Singapore banks brace for slowdown after strong second-quarter results

Singapore's economy grew at its slowest annual pace in a decade in the second quarter due to a drop in manufacturing output and exports.

Aug 2, 2019

By Reuters

Asian shares tumble, dollar firm as Fed dampens bets on more rate cuts

MSCI's broadest index of Asia-Pacific shares outside Japan faltered 0.6%, extending losses for a fifth day to the lowest since mid-June.

Aug 1, 2019

By Reuters

Fireworks explode at the National Day parade along Marina Bay in Singapore August 9, 2018.

Bata celebrates Singapore's National Day with limited edition shoes

Bata said that the company has never failed to stay ahead of trends and maintain relevance throughout decades.

Aug 1, 2019

By IBTimes SG Desk

China probes small bank shareholdings as risk worries persist

The regulator also asked the firms if they had disclosed all business transactions with their main owners.

Jul 31, 2019

By Reuters

Asian shares slip to six-week low, pound pressured by hard Brexit fears

Asia-Pacific shares outside Japan fell 0.7 percent to the lowest since June 19, while Japan's Nikkei declined by one percent.

Jul 31, 2019

By Reuters

Grab commits $2 billion to Indonesia with SoftBank's backing

Singapore-headquartered Grab and Go-Jek have evolved from ride-hailing app operators to becoming one-stop shops for services as varied as making payments and food delivery.

Jul 29, 2019

By Reuters

Singapore's Scoot to convert six Airbus orders to larger A321neos, lease 10

Scoot, which has 37 A320neo family jets on order, had once planned to take 14 Boeing Co (BA.N) 737-800s from Singapore Airlines regional arm SilkAir.

Jul 29, 2019

By Reuters

China's industrial profits fall in June, add to fears of slowdown

In the first six months, industrial firms earned profits of 2.98 trillion yuan, down 2.4% from a year earlier, compared with a 2.3% drop in January-May.

Jul 28, 2019

By Reuters

Mexico to help create 20,000 jobs in Honduras to curb migration

Lopez Obrador did not offer more details, but also said schemes he has championed in Mexico to create jobs via youth apprenticeships and tree planting would come to Honduras too.

Jul 28, 2019

By Reuters

Fall in business travel drags tourism receipts to first decline since 2009

Singapore factory output at near four-year low as electronics take a hit

June's on-year industrial production print was the worst since December 2015 when it fell 11.9%, according to official data.

Jul 27, 2019

By Reuters

Asian shares slip on mixed US earnings, ECB rate hold

On Friday Asian share prices dropped after the European Central Bank unexpectedly held interest rates steady.

Jul 26, 2019

By Reuters

Billionaire Dyson to buy second lavish Singapore property

For foreigners and permanent residents to be allowed to purchase landed property in Singapore they must have made exceptional economic contributions in Singapore.

Jul 26, 2019

By Reuters

Dassault Systèmes and SATS create world's first virtual kitchen for in-flight catering production

Dassault Systèmes collaborated with SATS, Asia's leading food solutions and gateway services provider, to boost operational efficiency, minimize food waste

Jul 25, 2019

By IBTimes SG Desk

Melissa Di Donato Appointed CEO of SUSE

Prior to SUSE, the newly appointed Di Donato was the chief operating officer and chief revenue officer at SAP.

Jul 23, 2019

By IBTimes SG Desk

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