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GLOBAL MARKETS-Shares reach record high, oil tops $60 a barrel

02/08/2021 Comments Off on GLOBAL MARKETS-Shares reach record high, oil tops $60 a barrel

* MSCI all-country world share index at record high * European indexes climb early on, U.S. futures gain * Oil crosses $60 a barrel * Hopes of $1.9 trln U.S.

Economy

Data shows fall in big-ticket start-up investments

01/17/2021 Comments Off on Data shows fall in big-ticket start-up investments

SINGAPORE – The global pandemic has had a profound impact on the appetite to invest in new start-ups, according to data compiled by global data analytics specialist GlobalData. The British-based

Economy

U.S. loses 140,000 jobs, first monthly drop since spring

01/08/2021 Comments Off on U.S. loses 140,000 jobs, first monthly drop since spring

WASHINGTON — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its

Economy

Singapore economy shrinks 5.8% in 2020 after contraction eases to 3.8% in Q4: Flash data

01/04/2021 Comments Off on Singapore economy shrinks 5.8% in 2020 after contraction eases to 3.8% in Q4: Flash data

SINGAPORE – Singapore’s economy contracted by 5.8 per cent for the whole of 2020, according to the Ministry of Trade and Industry’s (MTI) advanced estimates released on Monday (Jan 4).

Economy

Singapore must guard against complacency and manage wage disparity: Chan Chun Sing

12/30/2020 Comments Off on Singapore must guard against complacency and manage wage disparity: Chan Chun Sing

SINGAPORE – To stay ahead of the competition in the next stage of its economic development, Singapore has two critical tasks at hand, Trade and Industry Minister Chan Chun Sing

Economy

China's export comeback has factories scrambling for workers

12/21/2020 Comments Off on China's export comeback has factories scrambling for workers

BEIJING (REUTERS) – China’s manufacturing recovery, fuelled in part by demand from Covid-constrained consumers abroad, has soared past expectations this year, so much so that factories are now struggling to

Economy

Japan raises GDP outlook for next fiscal year on lift from stimulus package

12/18/2020 Comments Off on Japan raises GDP outlook for next fiscal year on lift from stimulus package

TOKYO (REUTERS) – Japan’s government raised its economic growth forecast for the next fiscal year thanks to its latest stimulus package aimed at speeding up the recovery following the damage

Economy

New Zealand exits recession with record growth as it contains pandemic

12/17/2020 Comments Off on New Zealand exits recession with record growth as it contains pandemic

WELLINGTON (REUTERS) – New Zealand’s economy grew a record 14 per cent in the third quarter from the previous three months, bouncing back from a Covid-19 lockdown earlier in the

Economy

EMERGING MARKETS-Russia's rouble firms on higher oil prices; Turkish lira slips

12/04/2020 Comments Off on EMERGING MARKETS-Russia's rouble firms on higher oil prices; Turkish lira slips

Dec 4 (Reuters) – Russia’s rouble firmed on Friday as major oil producers agreed to continue some production cuts, while the Turkish lira eased after U.S. lawmakers moved closer to

Economy

UPDATE 1-German yields steady as expected ECB easing offsets US stimulus

12/02/2020 Comments Off on UPDATE 1-German yields steady as expected ECB easing offsets US stimulus

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds analyst comment, background, updates prices) MILAN, Dec 2 (Reuters) – German government bond yields held steady on Wednesday, as expectations of

Economy

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