SINGAPORE (BLOOMBERG) – Singaporean businessman Ng Yu Zhi, who is at the centre of an alleged US$1.1 billion (S$1.5 billion) nickel trading scam, was sued […]

NEW YORK (BLOOMBERG) – Retail stocks tumbled after disappointing reports from Gap and Nordstrom capped a difficult earnings season for consumer-facing brands, renewing worries over […]

SEOUL (REUTERS) – South Korea’s central bank raised its policy rate on Thursday (Nov 25), as widely expected, as concerns about rising household debt and […]

TOKYO (REUTERS) – Japan’s factory activity grew at the fastest pace in nearly four years in November, as output accelerated on loosening Covid-19 restrictions, defying […]

As consumer prices keep edging up worldwide, higher inflation threatens to become a more lasting legacy of the economic recovery from the Covid-19 downturn. The […]

SINGAPORE – Singapore’s Jurong Island oil hub will be transformed into an energy and chemicals park that operates sustainably and exports its sustainable products globally, said […]

HUNTINGTON, N.Y. (AP) — Add Christmas trees to the list of items facing shortages and higher prices this year. Several factors are driving the trend, […]

SINGAPORE – Smaller firms here performed relatively well in the third quarter compared with the second, despite poorer business conditions amid tighter Covid-19 pandemic measures […]

SINGAPORE – More Singaporeans are looking for ways to grow their wealth, a study by UOB has found. The results of the UOB Asean Consumer […]

GENEVA (AFP) – The United Nations warned on Thursday (Nov 18) that a surge in container freight rates could mean higher prices for consumers next […]