SINGAPORE – Pharmaceutical giant Sanofi Pasteur is investing €400 million (S$638 million) over five years to build a vaccine production centre in Singapore, giving a boost to the Republic’s growing […]
Read more100 days of Brexit: Was it as bad as 'Project Fear' warned?
LONDON (BLOOMBERG) – The warnings were stark. A vote to leave the European Union, the British government said, would trigger an immediate recession, a painful fall in house prices, and […]
Read moreWorld economy risks 'dangerously diverging' even as growth booms
SINGAPORE (BLOOMBERG) – The world economy is on course for its fastest growth in more than a half century this year, yet differences and deficiencies could hold it back from […]
Read moreSingapore factory output accelerates 16.4% in February for 4th month of growth
SINGAPORE – Singapore’s manufacturing output surged last month on robust demand for semiconductors and related equipment, pharmaceuticals and medical devices, data released on Friday (March 26) by the Economic Development Board […]
Read morePowell: US economy looks to be strengthening
WASHINGTON (REUTERS) – The US economy is “much improved”,Federal Reserve Chair Jerome Powell said on Monday, crediting Congress and the central bank both for providing “unprecedented” support, but at the […]
Read moreUPDATE 1-Benchmark German bonds rise, set to end week unscathed from U.S. sell-off
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds analyst comment) AMSTERDAM, March 19 (Reuters) – Benchmark German bonds rallied on Friday, tracking U.S. Treasuries, and were set […]
Read moreUK exports to EU plunge in first month of new Brexit trade ties
LONDON (REUTERS) – Exports and imports from Britain to the European Union plunged during the first month of the country’s new trade relationship with the bloc, according to data published […]
Read moreChina factory prices roar back in February, consumer deflation ebbs
BEIJING (REUTERS) – China’s factory gate prices rose at the fastest pace since November 2018 in February as manufacturers raced to fill export orders, raising expectations for robust growth in […]
Read moreUPDATE 1-Russian rouble hits 6-month high versus euro as oil rally continues
(Updates prices, adds BCS comment) MOSCOW, March 9 (Reuters) – The Russian rouble firmed past 88 against the euro to a six-month high on Tuesday, supported by rising oil prices, […]
Read moreChina Feb exports post record surge from Covid-19-depressed 2020 levels
BEIJING (REUTERS) – China’s February exports grew at a record annual pace from a year earlier when Covid-19 battered the world’s second-biggest economy, customs data showed on Sunday (March 7), […]
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