Articles by Boby Michael

Singapore's labor market bleeds: Redundancy at 7-year high, employment growth plunges

A total of 15,580 workers were laid off in 2015, up from 12,930 the year before while local employment addition fell to 700 from 96,000 in 2014.

Mar 15, 2016

Canadian firm develops antibody cocktail that cures Ebola

The MIL77E cocktail was based on the three-antibody cocktail called ZMapp, which cured a number of foreign aid workers in West Africa recently.

Mar 14, 2016

Germany's new anti-migration party makes remarkable headway in state elections

More than 1.1 million refugees, mostly Syrians, have arrived in Europe's biggest economy last year alone, forcing many Merkel supporters to think differently.

Mar 14, 2016

World's thinnest camera lens is here, invented by Australian scientists

The new lens is made of molybdenum disulphide, a flexible glass material with electronic characteristics.

Mar 11, 2016

Asian currencies rally after surprise ECB easing, Thai baht at 5-month high

The ECB cut the policy lending rate from 0.05% to zero and lowered the deposit rate from -0.3% to -0.4% on Thursday.

Mar 11, 2016

China's consumer price inflation at 1 ½ year high on food price rise, PPI deflation eases

However, experts call it temporary and unlikely to call for any policy response.

Mar 10, 2016

Bad weather and conflicts leave 34 countries starving – United Nations

The four regions most in need of humanitarian support are East Africa, Southern Africa, the Pacific Islands and Central America.

Mar 10, 2016

Singapore to tighten maid service agencies with new grading and rating system

The employer rating system will be implemented by June this year. The Trustmark scheme will be rolled out by December next year.

Mar 9, 2016

China to push forward supply-side reforms, modernise farm sector, ensure grain security: President Xi

Xi said innovative ways of working, improved livelihood and modern agricultural practices are necessary to give the people more sense of benefits.

Mar 9, 2016

China says US-South Korea actions and DPRK reaction will unstable the Peninsula

The United States and the South Korea have kicked off their annual exercises on Monday and the North Korea has issued a warning of "all-out offensive".

Mar 8, 2016

Indonesian currency hovers near 10-month high, charts suggest more gains

Rupiah has rallied more than 4% so far this year.

Mar 8, 2016

Australian blogger facing sedition charges in Singapore pleads guilty

Her Singaporean husband Yang, another editor, is still denying the charges and the trial against him will begin on Friday.

Mar 7, 2016

China warns Taiwan's new government against "independence activities"

Our policy toward Taiwan will not change along with the change in Taiwan's political situation, Xi said.

Mar 7, 2016

Australian dollar rallies to 6-month high as analysts demand RBA rate cut

AUD/USD has risen to a 6 ½- month high of 0.7445 on Friday, making a more than 4% jump on the week.

Mar 5, 2016

China raises deficit-GDP ratio to 'redline' with growth, fiscal revenues under pressure

The 0.7 percentage point rise the ratio is estimated to provide the government about 470 billion yuan more to spend.

Mar 5, 2016

Singapore dollar rallies to 4 ½ -month high tracking gains in yuan, rupee

The Singapore dollar has been rising since 29 February and it has strengthened nearly 2.4% against the greenback by Friday.

Mar 4, 2016

South Korean arms procurer faces probe on $35mn deal: Yonhap

The suspected deal was for a surveillance system that helps integrate existing radar and thermal imaging devices.

Mar 4, 2016

China set to announce sharp increase in defence spending

China to raise defence budget by 7-8% amid rising South China tensions

The exact figure will be revealed in Saturday's budget report. The increase last year was 10.1%.

Mar 4, 2016

China yuan down to 2-week low, shares plunge, on first day after G20

Yi Gang, the vice governor of China's central bank, had said on Sunday that said he is confident in the currency's fundamentals

Feb 29, 2016

China to work for investment treaty with US, infra cooperation with Turkey: Vice Premier Wang

Wang met with U.S. Treasury Secretary Jacob Lew and the Turkish counterpart Mehmet Simsek in Beijing on Sunday.

Feb 29, 2016

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