Singapore ups trade forecasts again as Q2 non-oil exports surge 10.1%
SINGAPORE (THE BUSINESS TIMES) - Singapore has raised its trade forecasts for the third time this year, on the back...
Business
Bitcoin roars back, putting US$100,000 predictions in vogue again
NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity. The world's largest cryptocurrency is staging...
China Evergrande soars after confirming talks to sell assets
HONG KONG (BLOOMBERG) - China Evergrande Group's stock and bonds jumped on Wednesday (Aug 11) after the company said it...
Cathay Pacific posts narrower first-half loss of $1.32 billion as costs fall
SYDNEY (REUTERS) - Hong Kong's Cathay Pacific Airways on Wednesday (Aug 11) posted a HK$7.57 billion (S$1.32 billion) first-half loss,...
US stocks retreat from records amid Covid-19 worries
NEW YORK (AFP) - Major US stock indices retreated from records Monday (Aug 9) as investors weighed progress on US...
Building a thriving tech ecosystem in Singapore
SINGAPORE - The start-up scene here has much to show for in 2021, producing an impressive string of built-in-Singapore unicorns,...
AMC posts upbeat results as people return to cinemas
BENGALURU (REUTERS) - Cinema operator AMC Entertainment beat second-quarter revenue estimates on Monday, lifted by the return of movie-goers to...
HSBC lures US$9.3b in private banking inflows in Asia
HONG KONG (BLOOMBERG) - HSBC Holdings attracted US$9.3 billion (S$12.6 billion) in net new money for its private banking business...
Oil climbs from three-week low as traders assess demand
(BLOOMBERG) - Oil edged higher from a three-week low as investors assessed the demand outlook amid the latest Covid-19 resurgence...
China’s new oil giants flourish in Xi’s clean energy wave
(BLOOMBERG) - China's newest oil refiners are thriving by aligning themselves with President Xi Jinping's vision, expanding even as their...