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SINGAPORE – Singapore is the second most preferred city for cross-border investments this year, a study noted on Wednesday (Jan 20). It also cited logistics as the most popular sector for investors, while interest in the office sector has weakened. The findings come as the […]
BEIJING (REUTERS) – Chinese exports grew by more than expected in December, customs data showed on Thursday (Jan 14), as coronavirus disruptions around the world fuelled demand for Chinese goods even as a stronger yuan made exports more expensive for overseas buyers. A robust domestic […]
* Euro zone yields slip, German yields hit -0.6% * Analysts say traders may be hedging any vaccine setback * December manufacturing data signals euro zone rebound * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds latest prices, chart, new quotes) LONDON, Jan 4 (Reuters) […]
LONDON (BLOOMBERG) – Opec warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to consider another increase in production. “The outlook for the first half of 2021 is very mixed,” Opec Secretary-General Mohammad Barkindo […]
BUSINESS GO-GETTERS | Despite the economic slump this year, some Singapore firms have been able to seize opportunities and prevail against adversity, such as Sheng Siong, Sea and Ninja Van. The Straits Times looks at their business performance and the outlook ahead. Singapore-based technology giant […]
JAKARTA (BLOOMBERG) – Indonesia will need to step out of the shadows of neighbouring Malaysia’s 1MDB scandal to convince investors that its new wealth fund won’t fall prey to corruption. Nusantara Investment Authority will take lessons from other sovereign wealth funds and adopt a framework […]
TOKYO (REUTERS) – Oil rose around 1 per cent on Friday, extending a sharp rally overnight that saw Brent rise above US$50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year. Brent […]
LONDON (REUTERS) – Britain’s economic recovery almost ground to a halt in October against a backdrop of rising coronavirus cases that dealt a blow to the hospitality sector, official figures showed on Thursday (Dec 10). Gross domestic product rose 0.4 per cent on the month, […]
MANILA (BLOOMBERG) – Developing Asia’s economy will contract this year by less than previously estimated as it begins recovering from the coronavirus pandemic, according to the Asian Development Bank. The region’s gross domestic product will shrink 0.4 per cent this year, an improvement from the […]
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices) LONDON, Dec 7 (Reuters) – Euro zone government bond yields dropped on Monday before this week’s European Central Bank meeting, as hopes for a deal between Britain and the European Union took a blow weeks […]