Business News

US-China trade talks to resume next week, Kudlow confirms

Talks broke down in May after U.S. officials accused China of backtracking from the commitments made in the tentative trade agreement's text.

Jul 5, 2019

By Kalyan Kumar

Investors monitor stock market prices in Kuala Lumpur

World stocks cling to gains, bonds hover ahead of U.S. payrolls

Trade across global markets was expected to remain subdued following the Independence Day holiday in the United States on Thursday and ahead of the non-farm payrolls report.

Jul 5, 2019

By Reuters

Validus Capital’s new office at OUE Downtown 2, Singapore

Singapore's SME Financing Platform Validus Capital Applying for Digital Banking Licence

The Digital Banking Licence will help Validus Capital (Validus) create a 360 solution to serve the unmet financial needs of SMEs in Singapore.

Jul 4, 2019

By IBTimes SG Desk

walmart to sell chinese e commerce business to JD.com

Walmart investment: Why is the retailer looking to invest big in China?

The investment will be used for Chinese distribution centers and will occur over the next two decades as it looks to increase its grocery deliveries.

Jul 4, 2019

By Dawn Geske

Stocks rally on expected Fed rate cuts; euro on defensive

Global sovereign bonds rallied overnight. The 10-year Treasury note yield plunged to 1.939%, a level last seen following Donald Trump's election as president in November 2016.

Jul 4, 2019

By Reuters

Malaysia to take action against school over 'anti-palm oil propaganda'

Malaysia relies on palm oil - a commodity used in everything from chocolate spread to lipstick - for billions of dollars in foreign exchange earnings and hundreds of thousands of jobs.

Jul 4, 2019

By Reuters

International Monetary Fund (IMF) Managing Director Christine Lagarde attends IMFC press conference during the IMF/World Bank spring meeting in Washington, U.S.,

Christine Lagarde is next European Central Bank president

She is currently managing director of the IMF and brings to the ECB her immense experience in monetary policy. She became IMF boss in 2011.

Jul 3, 2019

By Arthur Villasanta

In blow to Singapore's expansion, Malaysia bans sea sand exports

The ban was never made public because of the potential diplomatic fallout, the sources said. Singapore has not made any public comment on the ban.

Jul 3, 2019

By Reuters

Singapore wealth fund GIC warns of low returns amid trade war

GIC is ranked the world's eighth-biggest sovereign investor, managing $390 billion in assets, according to the Sovereign Wealth Fund Institute.

Jul 3, 2019

By Reuters

Travala.com and CoinDesk's consensus: Asia to drive further cryptocurrency payments in Singapore

This year's conference is expected to welcome over 1,500 attendees

Jul 3, 2019

By IBTimes SG Desk

Flexible andfamily-friendly policies coupled with soft skills trainings can drive higher employee satisfaction

PERSOLKELLY's APAC Workforce Insights shows that only 6 in 10 employees are satisfied with their companies in Singapore.

Jul 3, 2019

By IBTimes SG Desk

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province

Asia's factory activity shrinks, U.S.-China trade truce fails to brighten outlook

Analysts doubt the truce will lead to a sustained easing of tensions while lingering uncertainty could dampen corporate spending appetite and global growth.

Jul 1, 2019

By Reuters