Business News

Gold off 14-month peak as U.S.-Mexico deal cools safe-haven demand

Investors will now look for any developments in Sino-U.S. trade, with a protracted spat between the two countries keeping market optimism under wraps.

Jun 10, 2019

By Reuters

Stocks gain as Mexico tariffs averted, yuan falls to 2019 lows

Chinese yuan slipped to its lowest levels this year on weak Chinese imports data and as talks to end the Sino-U.S. dispute remained deadlocked.

Jun 10, 2019

By Reuters

G20 finance chiefs to say trade row has 'intensified' but delete call for resolution

The communique also said that G20 finance leaders had agreed to compile common rules by 2020.

Jun 9, 2019

By Reuters

Carbon Black threat report details cyberattack targeting the healthcare industry

The report highlights input from 20 leading healthcare CISOs who offer their perspective on evolving cyber attacks, ransomware and the biggest concerns to their organizations

Jun 7, 2019

By IBTimes SG Desk

Singapore's Accelerating Asia launches dedicated ASEAN 'Smart City' accelerator programme

Applications are now open for the first cohort focused on startups specialising in sustainable, future city development in Southeast Asia

Jun 7, 2019

By IBTimes SG Desk

Chinese smartphone vendors begins losing buyers

Does Huawei's Russia 5G deal signal a new world trade order split down middle?

Chinese giant ties up with Russia's MTS to deploy 5G technology as Xi begins three-day Russia visit for a summit with Putin amid escalating US-China trade war.

Jun 6, 2019

By Prathapan Bhaskaran

Huawei 5g Samsung

Airbnb touts Japan recovery, bolstered by hotel listings

Airbnb listings collapsed from the 62,000 online prior to the change, leaving travelers without accommodation at short notice.

Jun 6, 2019

By Reuters

Singapore Exchange to boost derivatives, target Southeast Asia unicorns

Average daily securities turnover at SGX was $791 million in May while the figure was $1.8 billion for the Thai exchange, and $12.4 billion for HKEX, data from Refinitiv shows.

Jun 6, 2019

By Reuters

Australia's GDP growth hits decade low, stimulus needed to avoid recession

The 1.8% annual expansion fell far short of the long-term average of 3.5% and was the weakest since the global financial crisis.

Jun 5, 2019

By Reuters

Japan May services PMI shows slight slowdown in expansion

The index stayed above the 50 threshold that separates contraction from expansion for the 32nd straight month.

Jun 5, 2019

By Reuters

Investors monitor stock market prices in Kuala Lumpur

Asian stocks bounce on Wall Street's Fed cheer; dollar stays weak

The rebound in stock prices also prompted U.S. bond yields to step up from their recent lows, with the 10-year yield off its 21-month low hit earlier in the week.

Jun 5, 2019

By Reuters

World's biggest firms foresee $1 trillion climate cost hit

CDP analyzed survey data from 215 of the largest companies, ranging from Apple and Microsoft to Unilever, UBS, Nestle, China Mobile, Infosys, Sony and BHP.

Jun 4, 2019

By Reuters

Singapore's GDP growth to slow to 1.9% in 2019, weighed by challenging export outlook

The economic growth across the Southeast Asia region is expected to decelerate, moderating to 4.8% in 2019.

Jun 4, 2019

By IBTimes SG Desk

Economists fear of 2020 recession in US: Report

The report by the National Association for Business Economics is based on responses by 53 economists.

Jun 3, 2019

By IANS

trump-says-asylum-seekers-look-like-they-should-be-fighting-for-the-ufc

Reeling from tariff threat, Mexico begins immigration talks in Washington

Trump says he will apply tariffs of 5% on all Mexican goods on June 10, and increase the rate in coming months to 25% if Mexico does not substantially halt illegal immigration.

Jun 3, 2019

By Reuters

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