• Images

    Singapore cuts 2019 core inflation forecast

    Reuters . Singapore | Updated at 12:00am on August 24, 2019

    Singapore’s core inflation eased to its slowest pace in more than three years in July, data showed on Friday, prompting authorities to downgrade their full-year forecast amid firming bets for...

  • Images

    Asian petrochemical profits slammed by trade war crossfire, oversupply

    Reuters . Singapore | Updated at 12:00am on August 24, 2019

    Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict between Beijing and Washington stifles Chinese demand for chemicals and plastics just as...

  • Images

    Hasbro to buy ‘Peppa Pig’ owner for $4 billion

    Agence France-Presse . Washington | Updated at 12:00am on August 24, 2019

    US toymaker Hasbro announced Thursday that it is acquiring studio Entertainment One, which owns popular cartoon series ‘Peppa Pig’ among other children's content, for approximately...

  • Images

    Global stocks climb before Powell speech

    Agence France-Presse . London | Updated at 12:00am on August 24, 2019

    Stock markets and the dollar rose Friday before a key speech by Federal Reserve boss Jerome Powell. After a positive start to the week sparked by China-US trade hopes, investors have taken...

  • Images

    US debt sales business likely ripe for automation

    Reuters . London | Updated at 12:00am on August 24, 2019

    With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking - the business of helping companies and countries raise capital - may be about to...

  • Images

    China likely to hold MLF rate on Monday

    Reuters . Shanghai | Updated at 12:00am on August 24, 2019

    China is likely to keep a key loan rate steady next week, but a cut is expected by mid-September after a policy review by the US Federal Reserve, as Beijing steps up efforts to lower borrowing...

  • Images

    Oil price edges lower as markets await Fed steer

    Reuters . London | Updated at 12:00am on August 24, 2019

    Oil prices edged lower on Friday but remained on track for a weekly gain, with attention focused on a speech by US Federal Reserve chief Jerome Powell for news on whether it will cut...

  • Images

    Gold price dip tempts some buyers in Asia

    Reuters . Bengaluru/Mumbai | Updated at 12:00am on August 24, 2019

    Most Asian hubs experienced a slight uptick in physical gold demand this week as consumers took advantage of a retreat in prices, with cheaper silver continuing to be the preferred...

  • Images

    Xiaomi banks on phone data for finance play in India

    Reuters . Jakarta | Updated at 12:00am on August 24, 2019

    China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns...

  • Images

    US curbs to cut smartphone unit’s revenue by over $10b: Huawei

    Reuters . Hong Kong/Shanghai | Updated at 12:00am on August 24, 2019

    Chinese technology giant Huawei said on Friday the impact of US trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue...

Advertisement

images