Business News

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Euro jumps, Asian shares rally on French election relief

The outcome lessens the risk of an anti-establishment shock on the scale of Britain's vote to quit the European Union with Macron widely tipped to win the final vote and keep France in the union.

Apr 24, 2017

By Reuters

trump

Trump targets cheap Chinese steel in probe, rallying US steel stocks

China is the largest national producer and makes far more steel than it consumes, selling the excess output overseas, often undercutting domestic producers.

Apr 21, 2017

By Reuters

China first-quarter GDP

China first-quarter GDP grows faster than expected 6.9 percent, steel output hits record

First-quarter growth was the fastest since the third quarter of 2015, with March data showing investment, retail sales, factory output and exports all grew faster than expected.

Apr 17, 2017

By Reuters

In about-face, Trump nominates new head of export bank

In about-face, Trump nominates new head of export bank

Trump nominated former Republican lawmaker Scott Garrett as president of the Export-Import Bank.

Apr 15, 2017

By Reuters

Singapore

Singapore economy expands by 2.5% in Q1 triggered by manufacturing, services industries' growth

However, the numbers indicate a setback as previous quarter's growth was 2.9 per cent.

Apr 13, 2017

By Bihu Ray

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China offers concessions to avert trade war with US, says international daily

China is prepared to raise the investment ceiling in the Bilateral Investment treaty.

Apr 10, 2017

By Reuters

Investors monitor stock market prices in Kuala Lumpur

Global stocks spooked, safe-haven assets jump as US missiles strike Syria

The US dollar dropped as much as 0.6 percent, while gold and oil prices rallied hard.

Apr 7, 2017

By Reuters

Singapore: Sales of new private homes rises in July

Singapore: Residential market stabilises, dip in private home prices soften by 0.5 per cent

However, there will be no quick turnaround in the near future given the challenging economy.

Apr 3, 2017

By Bihu Ray

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Beyond jobs, car sales to give insight on consumer health

With the market tightening, industry insiders expect more price cuts.

Apr 1, 2017

By Reuters

Asian stocks step back from one-year high after Fed rate talks

Asia shares creep up to near two-year peak, dollar firms

The dollar index was steady on the day at 100.030 .DXY.

Mar 30, 2017

By Reuters

china manufacturing activity slows

Solid growth seen for China's manufacturers as construction booms

Home sales rebounded in the first two months of the year with an increase in new starts.

Mar 29, 2017

By Reuters

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US equity futures at six-week low after Trump healthcare setback

US Treasury futures were up 0.18 percent Sunday, indicating that yields would start the week lower when bonds start trading in Asia later.

Mar 27, 2017

By Reuters

Asia stock market

Asia stocks mixed, dollar slips as Fed continues to weigh

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1 percent.

Mar 20, 2017

By Reuters

Gold bars

Gold hits one-week high as Fed signals only gradual rate hikes

Spot gold rose 0.5 percent to $1,224.70 per ounce at 0313 GMT after touching $1,225.76.

Mar 16, 2017

By Reuters

Hanjin Shipping expected to shut down S'pore operations by end of March

Hanjin Shipping to shut down Singapore operations by end of March

At present, the company is "winding-down formalities" and administrative tasks.

Mar 6, 2017

By Samhati Bhattacharjya

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