WASHINGTON (BLOOMBERG) – They were once America’s corporate titans. Beloved household names. Case studies in success. But now, they’re increasingly looking like something else – zombies. And their numbers are […]
Read moreSingapore firms want Budget 2021 to help with loans, timely payments and rebates: SBF
SINGAPORE – To help small and medium enterprises (SMEs) emerge stronger from the impact of the coronavirus pandemic, the Singapore Business Federation’s (SBF) SME Committee (SMEC) has put forth six […]
Read moreThe super-rich are buying luxury online like never before in year-end shopping season
LONDON (BLOOMBERG) – Mass market retailers aren’t the only ones betting on a banner online holiday sales season. Christie’s auction house has launched its worldwide “Luxury Week” with beefed-up offerings […]
Read moreUPDATE 1-Poland ready to drop EU budget veto for EU summit declaration on rule of law
(Adds, quotes, background) BRUSSELS, Dec 3 (Reuters) – Poland would be ready to drop its veto to the EU’s 1.8 trillion euro financial package if EU leaders endorse an explanatory […]
Read moreUPDATE 3-China lines up banks for record euro-denominated government bond sale
(Adds detail on sale timing, background) LONDON, Nov 16 (Reuters) – China has hired a fleet of banks for what is likely to be its biggest ever euro-denominated international bond […]
Read moreSouth Korea's jobless rate unexpectedly rises as Covid-19 persists
SEOUL (BLOOMBERG) – South Korea’s jobless rate unexpectedly rose in October as the coronavirus kept businesses reluctant to hire. The unemployment rate climbed to 4.2 per cent from 3.9 per […]
Read morePhilippine economy signals shaky recovery from worst of coronavirus
MANILA (BLOOMBERG) – The Philippines’ economic contraction moderated in the third quarter by less than forecast, signaling an unsteady recovery from the pandemic even as movement restrictions were relaxed and […]
Read moreMarine and offshore sector can pivot to new areas: Chan
The marine and offshore sector is facing challenging times, but it can still pivot to new areas for long-term growth, said Minister for Trade and Industry Chan Chun Sing yesterday. […]
Read moreUPDATE 1-Southern euro zone bond yields fall to new record lows
* Italian, Greek yields hit new record lows * Portuguese 10-year yield on cusp of turning negative * German bund yields pinned near recent levels * Euro zone periphery govt […]
Read moreGLOBAL MARKETS-Stocks seen buoyant, dollar likely to extend losses
* Asian stock markets : tmsnrt.rs/2zpUAr4 SYDNEY, Nov 9 (Reuters) – Stocks are expected to stay buoyant on Monday while the dollar is seen likely to extend its downward trend […]
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