Business News

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China warns of long road ahead for deal with U.S. after ice-breaking talks

The world's two largest economies are in the midst of a bitter trade war, which has seen them level increasingly severe tariffs on each other's imports.

Jun 30, 2019

By Reuters

Lego company acquires Madame Tussauds for $7.6 billion

The takeover premium is more than a third of Merlin's current market value. Merlin's shares jumped 14 percent in pre-trade.

Jun 29, 2019

By Kalyan Kumar

Wealth managers head to Singapore as China concerns dim Hong Kong's lure

Real estate in Singapore is an attractive asset class for rich individuals due to its affordability and growth outlook.

Jun 29, 2019

By Reuters

Singapore to allow virtual banks as part of move to open up market

Singapore's banking market is dominated by DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas Bank Ltd.

Jun 29, 2019

By Reuters

Asian shares falter as Trump-Xi trade jitters build

Uncertainty over whether the talks will produce progress in ending the year-long trade war between the world's two largest economies comes amid signs of rising risks to global growth.

Jun 28, 2019

By Reuters

Trump talks trade at G20, China's Xi warns against protectionism

Trump, who is holding a series of meetings on the sidelines with world leaders, including Japan's Shinzo Abe and India's Narendra Modi, said he saw U.S. trade prospects improving.

Jun 28, 2019

By Reuters

Allgreen launches Juniper Hill, exclusive and luxurious freehold development in prime District 10

A sizable 6,700 square feet Sales Gallery in Allgreen's Tanglin Mall complete with a model cum event space, theatrette for multi-media display and 2 show suites.

Jun 28, 2019

By IBTimes SG Desk

Fave strengthens leadership with new CFO and Managing Director of Malaysia

Mobile loyalty and payments platform Fave has announced the hiring of two senior business leaders: Jason Tan as CFO and Jake Abdullah as Managing Director for Fave in Malaysia.

Jun 27, 2019

By IBTimes SG Desk

Singapore can't rule out off-cycle monetary easing: central bank

The MAS will wait for second quarter growth numbers in July before finalizing any revision to its full-year forecast, said Ed Robinson, deputy managing director for economic policy.

Jun 27, 2019

By Reuters

Singapore aims to create 10,000 tech jobs in three years

DISG also said it will assist companies in areas such as ride-hailing, e-commerce, fintech, cybersecurity and artificial intelligence.

Jun 27, 2019

By Reuters

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Musk pushes Tesla workers over email to meet Q2 goals

Earlier in June, it was revealed that the EV company has not yet met Musk's 2019 Q2 goal.

Jun 26, 2019

By IANS

Elon musk

Nearly a year after currency crisis, unemployed Turks still 'can't dream'

Turkey's unemployment rate has spiked to close to its highest levels on record.

Jun 26, 2019

By Reuters

Trump-Xi meet, Iran tension to overshadow G20 summit in Japan

Donald Trump and Xi Jinping will meet for the first time in seven months to discuss deteriorating ties between the world's two largest economies.

Jun 26, 2019

By Reuters

Singapore's factories go no-frills as trade war hits demand

Last year, Singaporean chemicals factory boss Erman Tan took his employees on a cruise to the Malaysian island of Penang. This year, Tan says the best he can offer is to watch a video of the trip.

Jun 26, 2019

By Reuters

Singapore: 1.7m citizens will get S$1b in GST Vouchers and MediSave top-ups

The Ministry of Finance (MOF) said that eligible Singaporeans will receive text messages or letters informing them of their benefits by July 5.

Jun 26, 2019

By Bhaswati Guha Majumder

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