Business News

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Trump to meet with China's Xi to try to seal trade deal, progress reported

Trump, speaking at the White House during a meeting with Chinese Vice Premier Liu He, said he was optimistic that the world's two largest economies could reach "the biggest deal ever made."

Feb 1, 2019

By Reuters

Thai Central Group and Grab to expand on-demand delivery

It is the first time a partner has invested in Grab's local business, Grab Chief Executive Anthony Tan said.

Feb 1, 2019

By Reuters

Grab signs deal with Ascendas REIT for new Singapore HQ

The S$181.2 million ($134.5 million) headquarters will be built by Ascendas REIT and will be ready by the fourth quarter of 2020.

Jan 31, 2019

By Reuters

MoU signing ceremony between Dr Kwek Kok Kwong, CEO of NTUC LearningHub (third from left), Professor Wei Kwok Wee, Dean of School of Continuing and Lifelong Education, NUS (5th from left) and Mr Loganathan Ramasamy, CEO (Designate), ST Logistics was witne

ST Logistics signs MoUs with NTUC LearningHub & NUS for upskilling of Singapore's logistics workforce

The two Company-to-Institution MoUs aim to upskill Singapore's logistics workforce, in the face of increased automation and digitalisation in the supply chain and logistics sector.

Jan 31, 2019

By IBTimes SG Desk

Apple lowers some iPhone prices outside U.S. to offset strong dollar

Apple Chief Executive Tim Cook disclosed the plan on Tuesday after the company reported the first-ever dip in iPhone sales during the key holiday shopping period.

Jan 30, 2019

By Reuters

Village Hotel at Sentosa on the left and The Outpost Hotel on the right.

Village Hotel at Sentosa & The Outpost Hotel Announce #MyGatewayToGetAway campaign

Far East Hospitality's newest hotels, Village Hotel at Sentosa and The Outpost Hotel call on travellers around the world to share the best-lived moments of their holidays.

Jan 28, 2019

By IBTimes SG Desk

Singapore's SGX wooing Saudi Aramco's secondary listing - Report

Saudi Aramco to pay $1.6 billion for stake in South Korea's Hyundai Oilbank

South Korea is a major market for Saudi Aramco, the biggest shareholder of its No.3 refiner, S-Oil Corp.

Jan 28, 2019

By Reuters

Excluding Huawei could hurt 5G network development: China envoy to EU

Huawei has denied the claims, saying network security has always been its priority.

Jan 28, 2019

By Reuters

Huawei

U.S. lifts sanctions on Rusal, other firms linked to Russia's Deripaska

But in its statement on Sunday, the U.S. Treasury Department said the three companies had reduced Deripaska's direct and indirect shareholding stake and severed his control.

Jan 28, 2019

By Reuters

Malaysia probing audit firms' conduct in 1MDB scandal

Deloitte audited 1MDB's financial statements for 2013 and 2014, before it resigned as the fund's auditor in early 2016.

Jan 27, 2019

By Reuters

CVS to cover migraine drugs from Teva, Lilly; excludes Amgen

An Amgen spokeswoman said the company was disappointed by the CVS decision and that it would work toward Aimovig being a preferred brand on CVS coverage lists.

Jan 27, 2019

By Reuters

Singapore's Olam to invest $3.5 billion in growth areas; exit sugar, rubber

The agricultural commodity trader will double down on 12 prioritized businesses, which include spices, edible oils, cotton, dairy, grains and animal feed.

Jan 26, 2019

By Reuters

China confident of keeping 2019 growth within 'appropriate range'

Economists polled by Reuters expect the Chinese economy to cool further this year to 6.3 percent as those pressures continue.

Jan 26, 2019

By Reuters

Illustration photo of U.S. Dollar and China Yuan notes

Controversial Chinese app humiliates 'deadbeat debtors' publicly: Here's how

A Chinese province of Hebei has created an app that alerts users when they are within 500 meters of debt defaulters.

Jan 25, 2019

By Sami Khan

China exports and imports fall more than expected in July due to weakening demand

Global economy in real danger if U.S.-China trade war escalates

Reuters surveys over the past two years have repeatedly highlighted trade protectionism as one of the prominent downside risks for the global economy.

Jan 25, 2019

By Reuters

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