SINGAPORE – Say you are a company producing mutton curry in Singapore. With the newly-signed Regional Comprehensive Economic Partnership (RCEP) trade pact, you can buy ingredients such as mutton and curry paste from 14 other
Read moreHome »
GLOBAL MARKETS-Asian shares grind lower amid vaccine doubts, economic concern
* Asian stock markets: tmsnrt.rs/2zpUAr4 * Highly-anticipated vaccine facing more scrutiny * Equity markets pull back from record highs * Oil hit by concerns about oversupply * U.S. financial markets closed Thursday for Thanksgiving TOKYO,
Read moreWork from home revolution surprise boon for India's women
MUMBAI (BLOOMBERG) The coronavirus pandemic has hit women worldwide with job losses and closures of childcare centres. Yet a surprising bright spot is emerging: India’s US$200 billion (S$268.4 billion) technology services industry, where new rules
Read moreSingapore raises trade forecasts for 2020; non-oil exports up 6.5% in Q3
SINGAPORE – Singapore’s overall trade and non-oil domestic exports (Nodx) are forecast to grow in 2021, in line with predictions that the global economy will expand over the next year from a low base. Total
Read moreAir travel in US, Europe was gaining momentum. Now what?
NEW YORK (NYTIMES) – Confidence about the course of the Covid-19 pandemic has helped put passengers back on planes in recent months, and Thanksgiving week is shaping up to be one of the busiest periods
Read moreBusiness 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 provided by the agreement. Mr
Read moreChina factory output grows faster than expected in October
BEIJING (REUTERS) – China’s industrial output rose at a faster-than-expected pace in October, while retail sales continued to recover albeit at a slower-than-forecast pace as the world’s second-largest economy emerged from its Covid-19 slump. Industrial
Read moreUPDATE 1-Rouble hits one-week low vs dollar on COVID-19 fears, oil price
(Updates prices, Adds Sberbank CIB comment) MOSCOW, Nov 13 (Reuters) – The Russian rouble slipped to a one-week low against the dollar on Friday as the global rise in coronavirus cases weighed on risk assets,
Read moreIEA cuts oil-demand outlook as new lockdowns kick in, says vaccines won't rescue market soon
LONDON (BLOOMBERG) – The International Energy Agency cut forecasts for global oil demand amid new lockdown measures and cautioned that the vaccine breakthrough won’t quickly revive markets. While crude prices rallied to a 10-week high
Read moreSingapore, US customs to explore 'single window' trade data connectivity
SINGAPORE (THE BUSINESS TIMES) – The customs of Singapore and the US have tied up to explore the exchange and reuse of trade data via a system link-up between both countries’ trade platforms. These trade
Read more