Business News

Wall Street ends down; Broadcom warning hits chip stocks

Some strategists say stocks are primed for a selloff should the Fed fail to take an even more dovish tilt.

Jun 15, 2019

By Reuters

Hong Kong tycoons start moving assets offshore as fears rise over new extradition law

One tycoon, who considers himself potentially politically exposed, has started shifting more than $100 million from a local Citibank account to a Citibank account in Singapore.

Jun 15, 2019

By Reuters

Iran rejects US allegations of Gulf of Oman tanker attacks

The United States, which has accused Iran or its proxies of carrying out a May 12 attack on four tankers off the United Arab Emirates' coast as well as May 14 drone strikes on two Saudi oil-pumping stations.

Jun 14, 2019

By Reuters

Andrew Seow regional director for Southeast Asia and Greater China

Rimini Street expands Asia-pacific operations to support growing client base in SEA and China

Company appoints new regional director, opens new office in Singapore and already supports more than 300 clients in the Southeast Asia and Greater China regions combined.

Jun 14, 2019

By IBTimes SG Desk

Automation Anywhere announces collaboration with Microsoft to advance intelligent automation

The expanded relationship includes multi-million-dollar investment by Automation Anywhere to help organizations worldwide deploy bots via Microsoft Azure.

Jun 14, 2019

By IBTimes SG Desk

Asia stocks subdued ahead of China data, Gulf attacks support oil

China will release May industrial production along with retail sales and investment numbers at 0700 GMT.

Jun 14, 2019

By Reuters

Ultimate Market Intelligence Seminar by ERA COO Marcus Chu at MDIS Campus

ERA Realty Network strengthens all-round research capabilities

The "new-look" expanded department will focus on producing regular property research reports covering the key trends in the residential and business real estate markets, as well as evaluation of the new and evolving public policies.

Jun 12, 2019

By IBTimes SG Desk

Salesforce research reveals Singaporeans want connected, multi-channel engagement with companies

82% of Singaporean customers expect companies to use new technologies to create better experiences and 77% of customers believe a company's ethics matter more than they did a year ago.

Jun 12, 2019

By IBTimes SG Desk

Grab eyes Singapore banking licence as regulator studies virtual banks - sources

Singapore-headquartered Grab's interest in what would be its first foray into banking has not been reported before.

Jun 12, 2019

By Reuters

Global Markets: Asia shares wary of Trump, wait on US inflation

Market moves were modest, with MSCI's broadest index of Asia-Pacific shares outside Japan off 0.38% after two days of gains.

Jun 12, 2019

By Reuters

donald-trump-says-everything-jared-kushner-touched-turned-to-gold

Trump ready to slap more tariffs on China after G20 meeting

China's foreign ministry said on Monday that China is open to more trade talks with Washington but has nothing to announce about a possible meeting.

Jun 11, 2019

By Reuters

Asia stocks rise as policy tweaks boost China markets

Australian stocks rose 1.5%, South Korea's KOSPI added 0.55% and Japan's Nikkei edged up 0.3%.

Jun 11, 2019

By Reuters

APAC Realty to Invest in Predictive AI and Proptech Startup under Its Digital Lab Initiative

APAC Realty to invest S$1 million in 3-year interest-free convertible notes with an option to convert into shares in Dots Connected Pte. Ltd., the company that owns UrbanZoom and UrbanAgents.

Jun 10, 2019

By IBTimes SG Desk

IBM slashes 2,000 employess in US amid major restructuring plan

The growing trend of artificial intelligence (AI) and machine learning (ML) is resulting in massive job cuts. The boom of technological advancements is bringing more unemployment to society.

Jun 10, 2019

By Chetan Priyadarshan

China iron ore imports rise in May, but supply crunch remains

For the first five months of the year, China imported 423.92 million tonnes of iron ore, down 5.2% on the same period in 2018, customs data showed.

Jun 10, 2019

By Reuters

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