WASHINGTON (BLOOMBERG) – Janet Yellen knows a deep recession and a patchy recovery from the inside. She’ll need all that policy prowess and a healthy dollop of political savvy to
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Business associations to help members tap on benefits of RCEP
SINGAPORE – Two business associations have welcomed the signing of the Regional Comprehensive Economic Partnership (RCEP), and said they will help local small and medium enterprises tap on the opportunities
Fed holds policy steady amid US election uncertainty
WASHINGTON (REUTERS) – The Federal Reserve kept its loose monetary policy intact on Thursday (Nov 5) and pledged again to do whatever it can in coming months to sustain a
GLOBAL MARKETS-Stocks sweat out knife-edge U.S. election, safe-haven bonds get bid
(Updates prices ahead of European open) * S&P, European futures whipsawed as U.S. vote too close to call * Final result might not be known for a day or more
UPDATE 2-Zambia wins deferral on China Development Bank loan repayments
(Adds latest figures on CDB debt, context) LUSAKA, Oct 28 (Reuters) – Zambia has reached deal to defer debt repayments that were due this month on a loan from the
Singapore factory output jumps 24.2% in September, biggest gain in almost 9 years
SINGAPORE – Singapore’s factory output extended a rebound that began in August, thanks to the booming pharmaceutical and electronics sectors, according to data released on Monday (Oct 26) by the
Hawker Chan tweaks to suit Kazakh taste buds
SINGAPORE – Before local Michelin-starred eatery Hawker Chan opened its first franchise outlet in Kazakhstan in 2018, the team behind it had to conduct a food-tasting trial in Almaty, its
COVID-19 triggered seismic shifts in the U.S. economy
Long after a vaccine is widely distributed and a sense of normalcy returns, the changes the COVID-19 outbreak has wrought will continue to reshape the U.S. economy for years to
Japan unemployment rises to 3-year high
TOKYO (REUTERS) – Japan’s jobless rate rose in August to its highest in over three years and job availability fell to a more than six-year low, government data showed on
UK GDP plunged slightly less than first thought in Q2
LONDON (REUTERS) – Britain’s economy shrank by a record 19.8 per cent in the second quarter of 2020 when Covid-19 lockdown measures were in force, a slightly smaller decline than