Business
Robust manufacturing puts recovery on the cards
SINGAPORE — The Republic’s industrial output stirred to life last month following months of decline, boosted by the electronics sector’s first on-year growth in two years and...
China may revamp property curbs: Paper
BEIJING — China may revamp property tightening measures soon if previous curbs fail to cool the red-hot housing market, the state-run China Securities Journal reported yesterday...
ComfortDelGro plunges on shareholder stake sale
SINGAPORE — ComfortDelGro’s largest shareholder is selling two-thirds of its holding in the taxi and bus operator, cashing in on the stock’s march to six-year highs this week,...
Weak Chinese manufacturing data sends stocks reeling
SHANGHAI — An unexpected contraction in China’s manufacturing sector and hawkish comments by the head of the United States Federal Reserve hammered stock markets worldwide...
Sharp fall in COEs pushes inflation to three-year low
SINGAPORE — A sharp fall in Certificate of Entitlement (COE) premiums and a government housing rebate helped to drive Singapore’s inflation rate down to its lowest in more than...
US new home sales up 2.3% in April
WASHINGTON - Sales of new homes in the United States rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high,...
US jobless claims data suggests labour market strength
WASHINGTON – The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labour market despite belt...
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