Economy

Singapore should always welcome anyone who reaches its shores, says Zainul Abidin Rasheed

Former Minister of State, Zainul Abidin Rasheed says Singapore should always be a welcoming place to anyone who reaches its shores.

Oct 19, 2019

By Vinod DSouza

Oil falls as China economic concerns outweigh rising refinery runs

Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector.

Oct 19, 2019

By Reuters

China's economy expands 6.7% in Q3, as Govt spending offsets weak exports

China's GDP growth hits weakest level in 30 years, serving grim notice to world economy

Gross domestic product expanded 6 percent in the July-September period from a year ago, data showed on Friday

Oct 18, 2019

By Jacob J

Japan's inflation hits 2-1/2-year low, raises stimulus chance this month

Dragged down by sliding energy prices and raising the chance the central bank will top up its already massive monetary stimulus at its review this month.

Oct 18, 2019

By Reuters

Fintech investments in Singapore soar to record highs; cross billion-Sing-dollar mark

The total value of fintech deals in the nine months ended September 30 jumped 69 percent from the prior-year period to US$735 million from US$435 million, an Accenture report said.

Oct 15, 2019

By Jacob J

Singapore June NODX fall 2.3% on-year due to weak China, Europe demand

Singapore dodges recession in Q3 but weak manufacturing remains big concern

One of the reasons for the tepid growth was the continued weakness in the manufacturing sector, which contracted 3.5 percent on a year-on-year basis in the third quarter.

Oct 14, 2019

By Jacob J

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore edges past US to become world's most competitive economy

The other economies that found a spot in the Top Five are Hong Kong, the Netherlands and Switzerland.

Oct 9, 2019

By Jacob J

Singapore assets under management growth declines year-on-year

Singapore avoids recession in Q3, says poll; expansionary election-year budget to add further boost

The poll of 11 economists shows that gross domestic product (GDP) may have increased 1.5 percent on a quarter-on-quarter, seasonally adjusted basis in July-September.

Oct 8, 2019

By Jacob J

EU ready to act alone on digital tax if no global deal in 2020

European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year.

Sep 28, 2019

By Reuters

Condom sales tumble in backdrop of troubled Argentina's economy

As the economy of Argentina slumps and the inflation rises, people in the country have stopped investing in condoms and other birth control measures.

Sep 21, 2019

By Priya Yadav

South-East Asia's GDP growth to slow to 4.5% in 2019 amid challenging global conditions

Accommodative macro policies, coupled with domestic-driven activities, are expected to cushion the weaker trade outlook, although this will vary across economies.

Sep 20, 2019

By IBTimes SG Desk

Nikkei climbs to new four-month high on US-China trade hopes, ECB stimulus

US and China trade war as well as stimulus from the ECB helped to counter lingering worries about a global economic slowdown.

Sep 13, 2019

By Reuters

Economists slash 2019 Singapore GDP growth forecast, MAS survey

Singapore has been hit hard by the Sino-U.S. trade war, which has disrupted world supply chains in a blow to business investment and corporate profits.

Sep 4, 2019

By Reuters

Singapore cuts growth forecast from 1.5 to a new 0 to 1%, says gloomy scenario ahead

Ministry of Trade and Industry previously narrowed down the forecast range to 1.5-2.5 per cent. In the second quarter, the economy grew by 0.1 per cent, making it the slowest expansion Singapore has seen in a decade

Aug 13, 2019

By Soorya Kiran NN

US - China relations: US will retaliate if China further devalues yuan

Trump himself blasted China's move with the yuan, calling the country a "currency manipulator."

Aug 11, 2019

By Thomas Kika

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

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Economy

Singapore should always welcome anyone who reaches its shores, says Zainul Abidin Rasheed

Oil falls as China economic concerns outweigh rising refinery runs

China's GDP growth hits weakest level in 30 years, serving grim notice to world economy

Japan's inflation hits 2-1/2-year low, raises stimulus chance this month

Fintech investments in Singapore soar to record highs; cross billion-Sing-dollar mark

Singapore dodges recession in Q3 but weak manufacturing remains big concern

Singapore edges past US to become world's most competitive economy

Singapore avoids recession in Q3, says poll; expansionary election-year budget to add further boost

EU ready to act alone on digital tax if no global deal in 2020

Condom sales tumble in backdrop of troubled Argentina's economy

South-East Asia's GDP growth to slow to 4.5% in 2019 amid challenging global conditions

Nikkei climbs to new four-month high on US-China trade hopes, ECB stimulus

Economists slash 2019 Singapore GDP growth forecast, MAS survey

Singapore cuts growth forecast from 1.5 to a new 0 to 1%, says gloomy scenario ahead

US - China relations: US will retaliate if China further devalues yuan

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut