Highlights
A collection of news and information related to Singapore published by this site and its partners.
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Dollar reclaims losses after Japan minister clarifies yen comments
ReutersTOKYO (Reuters) - The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/2-year high against the Japanese currency on Monday. The dollar rose...Tags: JPMorgan Chase & Co., Deutsche Bank AG, Germany, Politics, Government
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Preparing for Asia's golden age
ReutersSINGAPORE (Reuters) - There is a new gold rush in the Asia-Pacific: rising incomes and consumer spending by Asia's fast-growing middle classes that is generating unprecedented opportunities for multinational firms. If western firms recognize those...Tags: India, Japan, Consumers, Economic Indicator, International Trade
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CME to launch palm oil swaps contract on June 3
ReutersSINGAPORE, May 20 (Reuters) - CME Group will introduce a U.S. dollar-denominated palm oil swaps contract on June 3 pending regulatory review, the exchange said on Monday, tapping growing demand to manage price volatility of the food and fuel commodity....Tags: CME Group Inc., Petroleum Industry, Malaysia
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Indonesia's nationwide healthcare plan stumbles at first hurdle
ReutersJAKARTA (Reuters) - When a sick Indonesian baby died after 10 hospitals in Jakarta turned her family away in February, critics blamed a pilot health insurance scheme that had overwhelmed the city's public hospitals. The program, introduced in November,...Tags: Executive Branch, Economic Organization, Health Insurance, Jakarta (Indonesia), Private Health Care
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Horse racing-Hong Kong horses steal the show in Singapore
ReutersBy Peter Rutherford SINGAPORE, May 19 (Reuters) - Hong Kong horses swooped to capture the biggest prizes on the Singapore racing calendar on Sunday, Military Attack romping to an easy win in the S$3 million ($2.39 million)SIA Cup and Lucky Nine landing...Tags: Elizabeth II, Hong Kong
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Hong Kong horses steal the show in Singapore
ReutersSINGAPORE (Reuters) - Hong Kong horses swooped to capture the biggest prizes on the Singapore racing calendar on Sunday, Military Attack romping to an easy win in the S$3 million (£1.6 million) SIA Cup and Lucky Nine landing the S$1 million KrisFlyer...Tags: Elizabeth II, Hong Kong
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PRECIOUS-Gold edges up, headed for worst week in a month
ReutersSINGAPORE, May 17 (Reuters) - Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, sending holdings in exchange-traded funds to the...Tags: Money and Monetary Policy, Gold and Precious Material, Nikkei, Metal, Federal Reserve
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GLOBAL MARKETS-Dollar firmer on Fed remarks, Asian shares mixed
Reuters* Dollar index claws higher, hovers near 10-month peak * San Francisco Fed's Williams says Fed may end QE this year * Nikkei pares earlier losses; Philippine shares sag * MSCI Asia Pacific ex-Japan edges lower By Masayuki Kitano SINGAPORE, May 17...Tags: Japan, Central Bank, Nikkei, Stock Market, Foreign Exchange Market
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GLOBAL MARKETS-Dollar near 10-mth peak on Fed remarks, Asian shares mixed
Reuters* Dollar index claws higher, hovers near 10-month peak * San Francisco Fed's Williams says Fed may end QE this year * Nikkei and Chinese shares rise; Philippine equities sag * MSCI Asia Pacific ex-Japan edges lower By Masayuki Kitano SINGAPORE, May...Tags: Japan, Central Bank, Nikkei, Germany, Stock Market
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Singapore Airlines profit below estimates, flags weak outlook
ReutersSINGAPORE, May 16 (Reuters) - Singapore Airlines Ltd , which is expanding in the low-cost segment, reported a weaker-than-expected rise of nearly 13 percent in full-year net income and said it was cutting capacity between April and June in a sluggish...Tags: Singapore Airlines, Thomson Corporation, Earnings
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Singapore commodity firms crimp spending in challenging times
ReutersSINGAPORE (Reuters) - Singapore-listed commodity firms Olam International Ltd , Noble Group Ltd and Wilmar International Ltd are cutting capital expenditure, making more selective acquisitions and seeking partnerships to weather volatile markets. While...Tags: Sales, Brazil, Business, Mergers, Acquisitions and Takeovers, Bird Flu
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UPDATE 2-Singapore Airlines results disappoint, capacity cuts planned
Reuters* SIA 2012 results weaker than expected; operating profit down nearly 20 pct * Airline faces stiff competition from Gulf carriers Emirates, Etihad * SIA expanding into budget airlines segment (Adds details from results) By Anshuman Daga SINGAPORE,...Tags: Air Transportation Industry, Global Expansion, Finance, Virgin Group, Ltd., Qatar
May 20, 2013
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May 19, 2013
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