Embraer jet manufacturer to develop air taxis as airport ferry
SO JOS DOS CAMPOS, Brazil: Brazilian aerospace manufacturer Embraer SA declared on August 11 that Eve, its Urban Air Mobility...
Business
Ikea’s malls arm branches out into housing with new centre in China
STOCKHOLM (REUTERS) - Ikea's shopping malls business, one of the world's biggest, has kicked off the sales process for some...
Singapore raises 2021 growth forecast to 6-7% on faster Covid-19 vaccinations
SINGAPORE - Singapore expects its economy to grow at a faster pace than previously predicted as vaccinations gain pace, allowing for more...
PropNex Q2 profit more than doubles to $16.5 million; to pay 5.5 cents dividend
SINGAPORE (THE BUSINESS TIMES) -Real estate agency PropNex on Wednesday (Aug 11) announced a net profit of $16.5 million for...
BitMEX crypto exchange to pay $136 million to settle probes
NEW YORK (BLOOMBERG) - A group of companies that operated the BitMEX crypto exchange will pay US$100 million (S$136 million)...
Fixed asset investment commitments in Singapore rise to $3.6 billion in Q2: MTI
SINGAPORE - Fixed asset investment (FAI) commitments in Singapore rose to $3.6 billion in the April-June period, up 28.6 per cent...
Singapore is 4th most expensive construction market in Asia: Survey
SINGAPORE (THE BUSINESS TIMES) - Singapore is the fourth-most expensive Asian construction market to build in, as the industry deals...
HDB rents rise for 13th straight month in July; condo rents unchanged: SRX
SINGAPORE - Rents for private apartments remained flat last month compared with June, while those for Housing Board flats continued...
Dow, S&P 500 end at records as US infrastructure Bill advances
NEW YORK (AFP) - The Dow and S&P 500 ended at fresh records on Tuesday (Aug 10) as industrial companies...
Real-time data suggest Asia’s economy already feeling Delta hit
HONG KONG (BLOOMBERG) - Asia's economies are already showing a hit from the surging Delta variant of Covid-19 as consumers...