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Home » Economy » Page 3

Asia factories have mixed performance as pandemic impact lingers

02/01/2021 Economy

TOKYO (REUTERS) – Manufacturing in China and Japan suffered in January amid a resurgence in coronavirus infections, while South Korea and Taiwan saw improvements, underscoring the fragile and uneven nature of the region’s economic recovery.

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METALS-Copper edges higher as Chinese liquidity worries ease

02/01/2021 Economy

(Updates prices, adds quotes) HANOI, Feb 1 (Reuters) – Copper prices edged higher on Monday as investors were relieved that China, the world’s biggest metals consumer, might not be tightening credit as much as expected.

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Singapore to grow manufacturing base, attract top industry players: Chan Chun Sing

02/01/2021 Economy

SINGAPORE – Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).

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China January factory activity expands at slowest pace in 7 months

02/01/2021 Economy

BEIJING (REUTERS) – China’s factory activity expanded at the slowest pace in seven months at the start of 2021, weighed down by falling export orders amid a surging global pandemic and rising costs, a business

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The future of finance is sustainable

02/01/2021 Economy

The pandemic has exacted tremendous costs from societies around the globe, but it has also presented the world with an unparalleled opportunity to build back a more sustainable and inclusive economic system. The shift to

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5-pronged plan to develop Singapore as global e-commerce hub: Chan Chun Sing

01/28/2021 Economy

SINGAPORE – The Government has a five-pronged strategy to promote Singapore’s status as a regional and global e-commerce hub, Minister for Trade and Industry Chan Chun Sing said on Thursday (Jan 28). He said Singapore firms

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IMF boosts world growth outlook as vaccines outweigh uncertainty

01/27/2021 Economy

WASHINGTON (BLOOMBERG) – The International Monetary Fund (IMF) raised its forecast for global growth this year, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent

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GLOBAL MARKETS-Asian shares set for mixed opening, eyes on Fed, stimulus

01/27/2021 Economy

* Aussie shares set to play catch up to other Asian markets * Eyes on Fed policy, stimulus talks, Australia inflation * Rally in Europe reflects strong earnings, higher IMF outlook NEW YORK, Jan 26

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Working from home is losing its effectiveness, bank execs tell WEF meet

01/26/2021 Economy

LONDON (REUTERS) – Working from home has been surprisingly successful for global banks during the first year of the coronavirus pandemic but is losing its effectiveness, two prominent industry executives said on Tuesday (Jan 26)

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US dollar slides for third day on economic data, Biden stimulus expectations

01/22/2021 Economy

NEW YORK (REUTERS) – The US dollar fell for a third straight session on Thursday (Jan 21), with investors seeking out higher-yielding currencies, as a slew of better-than-expected US data and continued optimism about a

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