WELLINGTON (AFP) – New Zealand’s economy posted better-than-expected growth of 1.6 percent in the first quarter of 2021, official data showed Thursday, with analysts saying activity was back at pre-coronavirus levels. The expansion in January-March this year exceeded forecasts of a 0.5 per cent rise […] SINGAPORE – It is too early to say how the global corporate tax rule changes proposed by the Group of Seven (G-7) will impact Singapore, but the Republic’s overall competitiveness has never been based on taxation alone, Finance Minister Lawrence Wong said on Tuesday (June […] * Italy/Germany 10-year yield spread at tightest in two weeks * Italy to sell 5.5-6.5 bln euros of bonds in auction * German yields up ahead of U.S. Core PCE data * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr LONDON, May 28 (Reuters) – The […] * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr May 27 (Reuters) – Euro zone bond yields dipped on Thursday after falling sharply in recent sessions, as investors sought direction from several European Central Bank policymakers who will speak later in the session. Comments from ECB […] SINGAPORE – Core inflation in Singapore continued to pick up in April, driven by smaller declines in the costs of electricity and gas, as well as of retail and other goods. Core inflation, which excludes accommodation and private road transport costs, rose to 0.6 per […] Foot traffic in the heart of the city is still down more than 40% compared to pre-pandemic levels, according to the 2021 State of Downtown Denver report released Wednesday. If and when those numbers will return to pre-COVID-19 levels has yet to be seen. With […] NEW YORK (BLOOMBERG) – Two of the world’s most powerful money managers are joining forces to build a business on climate-change investing and raise one of the largest venture-capital funds dedicated to carbon-cutting technologies. BlackRock and Singapore’s Temasek Holdings formed a new firm, Decarbonization Partners, […] BEIJING (BLOOMBERG) – China’s central bank asked lenders to rein in credit supply on concern the surge in loans is fueling asset bubbles, the Financial Times reported. The People’s Bank of China in February told banks to keep new loans in the first quarter roughly […] SINGAPORE (THE BUSINESS TIMES) – Department store Robinsons closed its last outlet in Singapore early this year after 162 years of operations. It shows how retail operators with physical outlets are struggling amid the relentless rise of online shopping. But take pause – don’t write […] SINGAPORE (THE BUSINESS TIMES) – The Asia-Pacific region continues to lead global growth, with all economies tipped to rebound this year, according to a Moody’s Analytics report. In addition, all Asia-Pacific economies – except the Philippines, Thailand and Malaysia – are expected to recover past […]
New Zealand economy back to pre-pandemic levels
Too early to say how landmark G-7 corporate tax deal will impact Singapore: Lawrence Wong
Dovish ECB compresses Italian bond spreads ahead of debt sale
Euro zone bond yields dip as focus turns to next ECB speakers
Singapore core inflation positive for third straight month; overall inflation leaps to 2.1%
If workers don’t return to downtown Denver, what will its post-pandemic future look like?
Temasek, BlackRock to raise billions for carbon-cutting start-ups
China asked banks to rein in credit on bubble fears, FT reports
Robinsons exits S'pore after 162 years but here's why heartland malls might survive
Most Asia-Pac economies should hit pre-pandemic levels in 2021: Moody's Analytics
Copyright © 2021