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News
23 Nov 2009
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IMF head says world economy 'highly vulnerable'
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eBay plans to more than double business in Asia over next few years: CEO
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Dollar slides, sending gold to record high
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OECD area jumps clear of recession, Britain stuck
•
Taiwan to curb Chinese investment in key sectors
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Spanish PM vows sweeping reforms to boost economy
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Recession triggers upheaval in British business
22 Nov 2009
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Desperate retailers seek holiday season rescue
21 Nov 2009
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3 lessons for S'poreans to learn from the way downturn was handled, says Shanmugam
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Wall Street down on technology jitters
•
Oil prices wobble on recovery concerns
•
Malaysian economy shrinks 1.2% in Q3
20 Nov 2009
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Rolls-Royce says Asia's luxury car market picking up
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Foreign Minister Yeo addresses over 3,000 Chinese entrepreneurs in Manila
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SGX Bull Charge charity run raises over S$2m for 12 beneficiaries
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Asia's airline showing signs of recovery
•
Market turmoil boosts dollar
•
Wall Street hit by tech sector jitters, global outlook
•
Oil prices drop amid amid dollar rise
•
Singapore's MTI forecasts economic growth of 3-5% in 2010
•
HK govt confident about positive economic growth in 2010
•
US leading indicators up for seventh month in row
•
OECD says Europe's recovery will be 'gradual'
19 Nov 2009
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Morgan Stanley projects 28% gain in price target for MSCI EM Index
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OECD says world economies bounce back but debt "rot" must stop
•
BHP chief cautious on global recovery
•
Gold Investing: An Owner's Manual
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Obama predicts renewed US growth in fourth quarter
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US home building suffers surprise drop
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Japan's Mitsubishi UFJ announces huge share sale
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US home building slumps in October
18 Nov 2009
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Chocolate groups Hershey, Ferrero eye Cadbury
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Euro breaches 1.49 dollars; gold hits record high
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PA staff chip in for "We Are One" project
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Hershey reportedly in preliminary talks on Cadbury
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US shares maintain uptrend to fresh 2009 highs
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US industrial production mixed after strong gains
17 Nov 2009
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China, US vow to address trade disputes
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NKF sees deficit of S$900,000, first time in 10 years
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Oceanus gets approval to list TDRs on Taiwan Stock Exchange
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Investors, MNCs react positively to re-employment of older workers: Minister Gan
•
Britain's Standard Chartered chief hits out at bank regulation
•
CNN hero flies again with SIA
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S&P tops 1,100 as Wall Street buoyed by retail data
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Gold hits record peak above $1,135
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Bernanke sees sustained US growth despite 'headwinds'
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GM to repay aid early, sees 2010 share offering
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Money-losing GM to repay aid early, sees 2010 IPO
16 Nov 2009
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Taiwan signs financial agreements with China
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Asian currency regime, East Asia integration worth considering: Donald Tsang
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Malaysia's CIMB plans listing on Thai bourse
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Singapore's consumer confidence up in Q3: survey
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Japan's economy posts strongest growth since 2007
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Russia suggests Renault take control of Avtovaz
15 Nov 2009
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Dubai Airshow opens amid low expectations of major deals
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Struggling BA plays catch-up with Iberia merger
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Madoff's spoils go under the hammer for US$1m
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All eyes on Murdoch as newspapers ponder digital future
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British PM vows to put bankers' bonus crackdown into law
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Dubai Airshow may see sharp drop in orders, say analysts
14 Nov 2009
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Obama calls on Asia for "balanced" economic growth
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Wall Street eyes US consumer to keep rally going
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Boeing says Dreamliner still on track for first test flight
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US dollar slumps, euro lifted by data showing end of recession
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Upbeat corporate news help cap solid week for US stocks
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Oil prices fall as recovery doubts dog market
13 Nov 2009
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Hong Kong sees further GDP growth in Q3
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IMF chief says most Asian currencies are undervalued
•
Recession ends across Europe
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Metro posts Q2 net profit of S$9.3m
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Europe to formally exit recession
•
US dollar firms on Geithner comments
•
Oil prices slump as US crude stocks jump
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Obama announces December jobs crisis talks
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Wal-Mart sees quarterly profits jump 3.2%
12 Nov 2009
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Shipping giant Moeller-Maersk slumps to loss
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US new weekly jobless claims fall for second week
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Australia unemployment rises to 5.8%
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LIA Q3 sales up 40% on quarter
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Government to release Q3 GDP data next Thursday
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AIG chief to remain after reported quit threat
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US shares up on rate, recovery expectations
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Oil prices rise on China growth optimism
11 Nov 2009
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ABAC narrows down 19 recommendations for APEC leaders dialogue
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Hersing Q3 profit more than quadrupled to S$4.4m on higher turnover
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Ex-Bear Stearns managers cleared in Wall Street test case
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US dollar steadies as market euphoria fades
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US shares end mixed after hefty rise
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Unemployment to dog US for years: Fed official
10 Nov 2009
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Singapore urges APEC members to re-commit to work on trade liberalisation
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Report says APEC ministers to reject premature moves towards fiscal tightening
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APEC ministers to reject hasty fiscal tightening
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US videogame giant Electronic Arts to cut 1,500 jobs
•
US dollar softens after G20, gold surges
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Dow hits 2009 high, Wall Street surges on recovery measures
09 Nov 2009
•
Labour chief confident unemployment levels will stay low this year
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Kraft Foods launches hostile bid for Cadbury
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S'pore hopes to lay foundation for APEC economies to emerge stronger
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SKorea wants Obama to be aggressive on trade pact
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S'pore hopes to lay foundation for economies to emerge stronger
•
Is the Dollar Dying a Slow Death?
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GE, Comcast agree on valuing NBC Universal
•
More turn to sub-letting HDB flats
08 Nov 2009
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India PM invites world to invest in economy under reform
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Australia Treasurer says stimulus needed for nation's recovery
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IMF says stimulus needed to aid nascent recovery
07 Nov 2009
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10% jobless rate adds to pressure on Obama
•
Dollar gains as markets roiled by US jobs data
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G20 ministers to firm up global recovery, climate funding
•
Wall Street shakes off weak jobs data, ekes out gains
06 Nov 2009
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British Airways to axe 1,200 more jobs
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British Airways reports ballooning losses, calls for cost cuts
•
Royal Bank of Scotland reports sharp quarterly loss of US$3b
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Wall Street stocks soar: Dow tops 10,000
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Oil prices slide on demand worries
•
Prosecutors charge 14 in Wall Street insider trading probe
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Hyatt begins trading on NY stock exchange
•
Dollar slips against euro after ECB holds rates
05 Nov 2009
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US new weekly jobless claims fall to 10-month low
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ECB, BoE hold interest rates at record lows
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European eyes beginning to turn towards APEC's potential outcomes
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Wall Street rally fades as Fed offers no surprises
04 Nov 2009
•
Malaysia's exports plunge 24.2% in September to US$13.8b
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Makeover for retailer Marks and Spencer as profits stay flat
•
Business leaders call for greater market access, lower trade barriers
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Nissan's interim net profit down 92.9% on-year to US$100m
•
World Bank boosts China growth forecast to 8.4%
•
US auto sales stabilise, but Chrysler sputters
•
Market jitters boost safe-haven US dollar
•
Wall Street stocks mixed in cautious trade
•
Oil prices surge in wake of gold's record high
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Warren Buffett's Berkshire to buy railroad
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US Federal Reserve expected to hold rock-bottom rates
03 Nov 2009
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HSBC bank to cut 1,700 jobs in Britain
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Businesses cheer PM Lee's assurance on economy
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Merkel under fire for German tax cut plans
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Australia raises rates for second month in a row
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Factory data, Ford profit propel Wall Street
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Obama warns of more US jobs losses ahead
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Fed likely to maintain accommodative monetary policy stance till mid-2010
02 Nov 2009
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More construction-related firms win awards at this year's Enterprise 50 Awards
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CIT Group files for bankruptcy
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US manufacturing index shows third month of growth
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Economies in Asia need to rebalance to adapt to post crisis landscape: experts
•
Firms see opportunity in billions being pumped into cyber security industry
•
Asian markets hit by CIT bankruptcy, Wall Street fall
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Asian markets tumble on Wall Street loss, US bank failure
•
Australia ramps up growth, jobs forecasts
•
ChiNext stocks hit by profit-taking in second session
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Fed unlikely to change tack as recession ends
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Unemployment turnaround likely at start of 2010, says Geithner
01 Nov 2009
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German drive for growth raises roadmap mystery
•
US stocks slide ahead of Fed rate decision, jobless data
31 Oct 2009
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Minister Gan sees labour market remaining stable for rest of the year
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US stocks dive as fears overtake growth hopes
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Washington Post profit up but newspaper ad slide continues
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Major layoffs loom at Time Inc
•
Oil prices sink after surging on US growth data
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CDL Hospitality Trusts' DPU down 24% on-year
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Asia's tech giants see signs of revival
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Eurozone unemployment hits 9.7%
30 Oct 2009
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US consumer spending dips first time in five months
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US stimulus plan created one million jobs
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China's Nasdaq-style board off to soaring start
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US emerges from long recession
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US dollar falls as US exits recession
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US stocks jump on economic growth
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Oil prices surge after US economy grows again
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European economic confidence rises again
29 Oct 2009
•
US recession is abating, says Obama
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US new weekly jobless claims dip
•
MAS expects Singapore's growth in 2010 to be moderate
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US economy grew 3.5% in third quarter
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Singapore shares end 0.63% lower
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IMF says Asia must adapt to 'new world' despite fast recovery
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Recovery fears send Asian markets spiralling down
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Gradual economic pickup expected for Singapore
•
US dollar up fourth straight day against euro
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US stocks slump on recovery concerns
28 Oct 2009
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US durable goods orders rebound in September
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Geithner sees dollar's reign lasting "long time"
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US financial sector to pay for failures under draft bill
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Thousands protest bailout bonuses at Chicago bank meeting
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US stocks mostly lower after weak confidence report
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Australian firms ink US$3.1b in China deals
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Top EU official slams German economic policy
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Experts say Singapore's economic landscape must evolve
27 Oct 2009
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Pace of fall in US home prices eases
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US consumer confidence sinks in October
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Singapore shares close 0.81% lower
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Chrysler to drop own models for Fiat cars
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Wall Street tumble knocks Asian stocks
•
Japanese economy showing signs of recovery
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Banking, industrial shares drag Wall Street lower
•
Oil prices slip back under US$80
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Caterpillar cuts 2,500 jobs, ends some layoffs
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Carbon trading market expected to remain strong post 2012
26 Oct 2009
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Australia denies singling out China on investment
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South Korea's Q3 economy up 2.9% on robust industrial output
25 Oct 2009
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Recession or not, US economy likely to be in limbo
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Belgian prosecutor wants Citibank to repay 'duped' savers
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Russia out of recession
24 Oct 2009
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Wall Street eyes new catalyst as earnings rally fades
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US shares lower despite forecast-beating earnings
•
Market turmoil boosts dollar
•
Oil price falls as dollar rebounds
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Global trade sentiment positive: HSBC survey
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China's Yanzhou to buy into Felix Resources
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Oil price retreats but stays above
23 Oct 2009
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Microsoft net profit down 18%, beats expectations
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President S R Nathan launches "We Are One" charity project
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Malaysia slashes spending in 2010 budget
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Britain fails to exit recession
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Indonesia's new govt targets 7% growth
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Survey shows govt, FIs need to boost efforts to help SMEs
•
Obama administration slashes executive salaries
•
Non-profit news firm links with NY Times for Chicago edition
•
Fed Reserve unveils rules to curb 'risk taking' incentive pay
22 Oct 2009
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Govts, financial institutions need to boost efforts to help SME sector: survey
•
Washington to enforce executive pay cuts
•
US new jobless claims up again
•
Investors showing interest in smaller sized IPOs amid current downturn
•
Survey finds recession no impact on media consumption habits
•
Oil down in Asian trade, NY crude stays above US$81
•
eBay's net profit slides for fourth straight quarter
•
Japan logs six-fold jump in September trade surplus
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Steep pay cuts for US firms that got most aid: reports
•
Wall Street sees late sell-off as bank optimism fades
•
Crude oil spikes to US$82 in New York
•
US economy extends 'modest' recovery
21 Oct 2009
•
US rescue 'averted meltdown' but problems remain
•
Boeing disappoints with loss of US$1.56b
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IMF to give Iceland US$167.4m loan payout
•
Niche green cleaning market takes off in Singapore
•
US rescue averted meltdown, but problems remain
•
Yahoo! posts 244% increase in net profit
•
Wall Street lower on economic concerns
•
US dollar firms as euro fails to break barrier
•
Oil price in New York breaches US$80 a barrel
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Coca-Cola reports flat profits
20 Oct 2009
•
Hong Kong analysts warn of stock market correction ahead
•
Wall Street up on company earnings expectations
•
Oil price in New York nears US$80
19 Oct 2009
•
A-REIT to distribute 3.48 cents per unit for Q2, down 13.2% on-year
•
Enhance productivity & skills to protect jobs when Jobs Credit ends: Tharman
•
British economy in for painful recovery
18 Oct 2009
•
Team Hope aims to help the disadvantaged through football
•
Crisis helps Australia's push to be Asia's finance hub
•
US-based billionaire probed for LTTE fundraising
•
Billionaire's indictment is warning to traders, says US watchdog
17 Oct 2009
•
China to launch Nasdaq-style board on Oct 23
•
Billionaire, executives charged with insider trading
•
US budget deficit hits record US$1.4 trillion
•
Wall Street slips as key earnings disappoint
•
US dollar firms as financial markets step back
•
Oil prices jump on US recovery hopes, Nigerian crisis
•
US capital flows improve in August
16 Oct 2009
•
US industrial production jumps in September
•
Air New Zealand slashes domestic fares
•
Singapore's key exports tumble in September
•
Key US House panel votes new derivatives rules
•
IBM revenue down but net profit and forecast up
•
Dow extends gains above 10,000 after upbeat earnings
•
US dollar steadies after 14-month low on euro
•
Oil price hits one-year high in New York
•
Rich S'poreans not cutting back on spending despite recession
15 Oct 2009
•
Marina Bay Sands IR targets high-end customers
•
Goldman Sachs Q3 profit soars to US$3.19b
•
Asian markets cheer upbeat earnings news
•
S'pore investor sentiment improves in Q3
•
Asian outlook clouded by fragile global recovery: ADB
•
Earnings-driven rally pushes Dow index above 10,000
•
New York oil breaches US$75 for first time in year
•
Fed sees 'restrained' recovery in US
14 Oct 2009
•
Inflation not expected to be a threat for years into recovery
•
US retail sales slump 1.5% in September
•
US says no world trade deal without services agreement
•
JPMorgan Chase's profit leaps to US$3.6b
•
Bank of Japan holds super-low rates steady
•
Tsang says Hong Kong must bolster China links and diversify
•
S'pore playing to win and next 2 years will not be any less challenging: NTUC
•
Bloomberg buying BusinessWeek magazine
•
Wall Street wobbles on earnings jitters
13 Oct 2009
•
China's billionaires rise to 130
•
Mexico defends move to close power company
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Despite green shoots, concerns about economy still reign
•
US stocks up on earnings confidence
•
US dollar mixed in calm holiday trade
•
Oil prices rise on demand recovery forecast
12 Oct 2009
•
US recession over, but employment will lag, says survey
•
Britain announces massive assets sale to cut debt
•
S'poreans cautiously upbeat after 2009 GDP forecast upgraded
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Food packs distributed to needy families in Jurong
•
SPH's full-year net profit down 3.6% to S$422m
•
China's Huijin to buy more bank shares
•
Asian recovery hopes boosted by Singapore's growth
•
Philips triples Q3 net profit to 176 million euros
•
MAS keeps policy stance for Singdollar
•
Singapore raises full-year GDP forecast to between -2.5% and -2%
11 Oct 2009
•
Russian economy to shrink 7.5% in 2009
•
Rate cycle has turned in Asia but hikes to be slow
10 Oct 2009
•
Upbeat corporate news lifts Dow to 12-month high
•
Obama slams big business on credit reforms
•
Oil prices rise as IEA raises demand forecast
09 Oct 2009
•
Fixing global trade imbalance will require more focus on Asian investments
•
ADB expects to double amount of loans it's been providing to govts
•
Watching TV a favourite pastime of baby boomers, according to survey
•
US Fed to tighten monetary policy when outlook improves
•
Wall Street lifted by Alcoa profit surprise
•
Oil prices rebound as stock markets climb
•
Japan's current account surplus up 10.4%
•
US new jobless claims drops to nine-month low
08 Oct 2009
•
German industrial output climbs in August
•
Japan's Uniqlo booms despite recession
•
Bank of England says it keeps interest rate at 0.5%
•
Bank of England forecast to hold interest rates
•
Govt annual land sale revenue falls 41% to S$7.3b
•
Australian jobless rate sees surprise drop in September
•
US budget deficit to hit US$1.4 trillion in 2009
•
Oil prices fall on soaring inventories
•
Wall Street mixed as earnings season opens
•
Thousands of Romanians protest against austerity move
•
Brighter industrial data point to German recovery
07 Oct 2009
•
Japan business environment remains fairly pessimistic, says PM Lee
•
HSBC in advanced talks on buying RBS Asia assets
•
NTUC calls for gradual phasing out of Jobs Credit Scheme
•
Eurozone economy shrinks more than expected
•
Irish airline to slash hundreds of jobs, cut pay
•
Singapore shares close 0.86% higher
•
Analysts say ECB interest rates to stay anchored at 1%
•
US shares extend rally on economic recovery confidence
•
Dollar fears stalk IMF-World Bank meet
•
Oil prices up on weak dollar
06 Oct 2009
•
Crisis hangs over IMF, World Bank talks
•
World Bank appeals for funds as aid rationing looms
•
US shares up on banking upgrade, services data
•
Dollar struggles after G7 inaction on currency
•
Oil prices mixed as US services sector recovers
•
Unemployment to peak in 8-12 months, says IMF chief
05 Oct 2009
•
US services sector grows for first time in a year
•
Analysts warn China's economic recovery still shaky
•
Economic crisis has forced Asian manufacturers to become more efficient
•
Research shows IT will generate 5.8 million new jobs by 2013
•
UN report calls for 'new deal' for migrant workers
04 Oct 2009
•
IMF hails Japan's plan to boost social spending
•
Hong Kong's luxury living draws mainland Chinese
•
Credit crunch clouds uneven European rebound
•
Nervous US retailers brace for critical holiday season
•
Japan must boost domestic demand, says new finance minister
03 Oct 2009
•
Weak dollar clouds G7 finance talks
•
Oil prices fall as US job losses mount
•
US shares fall on weak jobs data
02 Oct 2009
•
Oil prices fall as US job losses mount
•
US jobless rate hits 9.8% as 263,000 jobs cut
•
World Bank warns of wobble ahead for global economy
•
Asian economies may start easing emergency stimulus measures
•
Stocks slump as economic optimism dims
•
Dollar eases against yen ahead of payrolls, G7
•
US auto sales crash after Cash for Clunkers expires
•
US dollar gains on heightened market jitters
•
US shares tumble on recovery fears
•
Oil prices edge higher as market mulls Iran, economic data
01 Oct 2009
•
US new jobless claims in surprise jump
•
US consumer spending driven by 'cash for clunkers' programme
•
IMF says stronger Asian currencies key to global rebalancing
•
Eurozone unemployment rate edges up to 9.6%
•
Vehicle sales in Japan rise for second month
•
US superrich lose US$300b in a year
•
IMF raises global growth forecasts, remains cautious
•
Bangladesh set for record IPO
•
Japan business confidence up for second straight quarter
•
Shanghai set to overtake Japan as largest equities market
•
US shares fall as job market worries intensify
•
Oil prices jump on US recovery signals
30 Sep 2009
•
US second quarter GDP down 0.7% in final revision
•
Japan's factory output up 1.8% in August
•
US stocks down on slipping consumer confidence
•
US dollar extends gains as drop in confidence roils markets
•
Putin vows to reduce state role in Russian economy
•
Oil prices dip on sagging consumer confidence
29 Sep 2009
•
US consumer confidence sees surprise drop
•
Shanghai to overtake Japan as largest regional equities market in next 10 years
•
George Yeo warns against complacency in reforming global financial system
•
Australia budget deficit beats forecast by US$4.4 bn
•
Japan's core consumer prices drop record 2.4% in August
•
CBS News in partnership with Global Post
•
GIC's portfolio suffers loss of 20% in Singdollar terms as of March '09
•
Foreign population growth slows down
•
US dollar up against euro after ECB chief's support call
•
Wall Street jumps on robust corporate activity
•
Oil prices rise on Wall Street rebound, Iran jitters
•
Britain extends car-scrapping scheme
•
China faces 'big' uncertainties, says World Bank chief
•
Plans by Hatoyama government to cut budget could affect growth, says analysts
28 Sep 2009
•
Russia looking to draw investment from Singapore
•
Asian luxury market could grow between 5% and 7% over next 12 months
•
KOP Group enters luxury yacht business; targets Singapore and China
•
China to launch Nasdaq-style board in late October
•
Australia flags rate rise as 'recovery phase' begins
•
IMF study gives high marks to its crisis support
27 Sep 2009
•
Belgian banks seek millions from Lehman bankruptcy
26 Sep 2009
•
IMF raises 2010 global growth forecast to 3 percent
•
Wall Street extends losses on weak economic data
•
Oil prices firm as tensions on Iran rise
•
Airbus could cut production
•
Newfound optimism in Surat's diamond industry
25 Sep 2009
•
US durable goods orders slip in August
•
Oil prices rise after recent slump
•
French banks sue for billions over Lehman collapse
•
Wall Street extends losses as home sales data disappoints
•
Oil prices dive under US$66 as economic fears heighten
24 Sep 2009
•
US home sales fall 2.7% in August
•
New US jobless claims drop for third week in a row
•
German business confidence edges higher
•
Market turmoil hits pay of SGX's CEO
•
Australian banks well-placed for aftershocks
•
China Metallurgical down 11.7% on Hong Kong debut
•
Economic crisis forces 17,000 out of Kuwait
•
Japanese lender Aiful to slash 2,000 jobs
•
China sets ChiNext board debut trading limit
•
G20 leaders meet to reform world economy
•
Japan posts seventh straight monthly trade surplus
•
Wall Street tumbles after Fed stays on hold
•
US dollar bounces off lows after Fed announcement
•
Oil prices slide after US inventory data
•
Fed keeps near-zero rates, says economy rebounding
•
Palin divides international investors in debut speech in Asia
23 Sep 2009
•
Europe plans new financial policing
•
Bank savings in spotlight as G20 eyes overhaul
•
US banks return to old ways of high pay
•
New Zealand economy posts surprise growth
•
Wall Street resumes rise on recovery optimism
•
Oil rallies back above US$70
•
Banking crisis could hinder growth for 7 years, says IMF
•
Japanese drinks giant bids for Orangina
22 Sep 2009
•
US Fed not ready to hike rates, say experts
•
US, UK resisting French drive for financial regulation
•
Sale of shares in Citigroup could free up GIC funds for other investments
•
Elite US universities feel pain of market slump
•
Far Eastern Economic Review to shut down in December
•
ADB raises Asian growth forecast after stimulus
•
US Democratic fundraiser ran Ponzi scheme, says prosecutor
•
Wall Street mostly weaker as rally pauses
•
Oil prices tumble amid worries over weak demand
•
US leading economic index up for fifth month in a row
21 Sep 2009
•
Restocking expected to drive Asian growth into 2010
•
MM Lee says Russia must remain open so that the young can connect with world
•
Ten Chinese growth firms set to take IPO orders
•
Carbon emissions fall with global downturn
20 Sep 2009
•
Experts say China spending to continue despite fears
•
Fed expected to hold steady to back fragile recovery
19 Sep 2009
•
China bank regulator warns of loan risks
•
IMF to sell 403 tonnes of gold to boost lending to poor
•
IMF to sell 403 tonnes of gold to boost lending to poor
•
Dollar steady as market braces for Fed, G20
•
US tightens oversight of credit rating agencies
18 Sep 2009
•
Goldman to sell US$1.4b stake in Sanyo to Panasonic
•
Asia cannot depend on consumer demand from US, Europe for recovery
•
Swiss stock exchange announces probe of UBS
•
China approves Nasdaq-style board's first IPOs
•
Fed would have to approve banking salaries
•
Europe agrees to claw back bankers' bonuses
•
US dollar falls closer to one-year lows against euro
•
Wall Street rally runs out of steam
17 Sep 2009
•
Eurozone trade surplus hits seven-year high
•
US home building lifted by apartment sector
•
86% in US believe recession continues, according to poll
•
NTU economists upgrade forecast for Singapore economy
•
US new jobless claims fall to 545,000
•
Australia central bank pays record return to govt
•
Singapore's NODX up for second straight month
•
Bank of Japan holds key interest rate at 0.1%
•
Wall Street extends rally on strong industrial output data
•
Euro surges against dollar to near-year high
•
Oil prices rise on drop in US reserves
16 Sep 2009
•
IMF head says worst of global recession over
•
70% of SMEs not holding back on overseas expansion despite downturn: survey
•
New leasehold home prices in Q3 up 11% on-quarter
•
EU to push for G20 bank bonus sanctions
•
British unemployment hits 14-year high
•
Ex-bureaucrat Fujii is new Japan finance minister
•
Singapore shares close 1.37% higher
•
World counting on China for economic leadership post-Lehman
•
Euro hits fresh nine-month highs against US dollar
•
Wall Street rides to 2009 highs on strong retail report
•
Oil prices mostly higher on positive US data
•
Analysts say political woes may overshadow Thailand's economic recovery
15 Sep 2009
•
Bernanke says US recession 'likely over' technically
•
PM Lee urges S'poreans to be psychologically prepared for slow pick-up
•
The tale of the global financial crisis
•
Obama warns China he will stick up for trade rules
•
Wall Street recovers to post modest gains
•
No more reckless behaviour, Obama warns Wall Street
14 Sep 2009
•
Europe's economy to contract 4% in 2009
•
Taiwan eyes October China financial pact
•
China to review IPOs for Nasdaq-type board
•
On Wall Street, Obama to set new economic course
13 Sep 2009
•
British trade unions' chief warns government against spending cuts
12 Sep 2009
•
Delta may invest up to US$550m in JAL
•
White House wants regulatory reform this year
•
US slaps punitive tariffs on Chinese tires
•
Bloomberg considering BusinessWeek bid
•
US stocks stumble, snapping 5-day rally
•
Oil slumps amid profit taking after 4-day rally
•
US consumer cannot sustain global economy, says IMF head
•
Nobel economist Phelps "gloomy" over US economic future
11 Sep 2009
•
Most rich economies show recovery signs, according to OECD
•
JAL seeking capital tie-up with Delta
•
Experts say oil prices could rise to US$85 by end-2009
•
Analysts say Singapore market recovers faster than expected
•
Japan's annualised economic growth revised down to 2.3%
•
5 listed S'pore SMEs in Forbes Asia best 200 Asia Pacific companies list
•
Morgan Stanley's Mack to give up CEO post
•
Upbeat corporate news propel Wall Street to 11-month highs
•
Euro surges against dollar on recovery optimism
•
Oil prices rise on weak dollar, falling US crude stockpiles
•
Stimulus plan created 1.1 million jobs and boosted GDP, says White House
•
Geithner says US 'winding down' aid for financial system
10 Sep 2009
•
Bank of England holds interest rate at 0.5%
•
US trade gap widens in July
•
Singapore's economy could take one more year to fully recover, say economists
•
Asia rebound after crisis points to new order
•
Japan struggles out of recession but outlook unclear
•
US home foreclosures show dip in August
•
Singapore's 40 Richest
•
US outlook 'cautiously positive', says Beige Book report
•
London's FTSE 100 closes above 5,000 points, best since October
09 Sep 2009
•
Britain set for recovery, but job fears loom
•
OCBC service allows retail investors to trade directly in several foreign markets
•
South Korea to boost services, foreign investment to spur economy
•
World Bank reports record 131 economies reform business rules
•
Dollar slumps against euro amid stock, gold rally
•
US consumer credit in record plunge
•
US stocks rise on recovery optimism
•
Mixed EU data points to uncertain recovery
08 Sep 2009
•
Overhead costs continue to increase in retail industry despite downturn
•
US chocolatier Hershey could bid for Cadbury
•
More failures likely for smaller low-cost carriers
•
Japan's current account surplus falls 19.4%
•
Obama says US on road to economic recovery
•
European stocks close higher on Cadbury bid
07 Sep 2009
•
Revenue for global mobile entertainment to hit US$32b in 2009
•
Asian domination of US auto sales set to intensify
•
The IPO Class of 2010
•
French economy seen as stabilising
06 Sep 2009
•
Stock rally may be too much too soon
•
Risks remain for Australia, despite growth
•
US eyes recovery year after near financial meltdown
•
G20 vows to maintain pressure to ease economic crisis
05 Sep 2009
•
G20 close to striking deal on bankers' bonuses
•
US stocks rally after unemployment data
•
G20 seek to bridge splits over bankers' bonuses
•
Emerging nations warn too early to see end of recession
•
Toyota says hybrid sales reach two-million mark
04 Sep 2009
•
Oil prices drop after US jobs data
•
US sheds 216,000 jobs, unemployment rate 9.7%
•
ECB chief says crisis not over yet
•
China to curb loans on speculation
•
Daiwa, SMFG reportedly to end brokerage tie-up
•
G20 to debate tough action on bankers' bonuses
•
Gold prices surge near US$1,000 per ounce
•
US stocks climb on economic, retail sales data
•
Oil prices drift lower as markets brace for US jobs data
03 Sep 2009
•
ECB chief upbeat on economic recovery
•
US new jobless claims post modest fall
•
Eurozone business activity picks up
•
Britain's finance minister warns of global double-dip recession
•
US dollar weakens as markets shrug off economic data
•
US stocks dip amid jobs jitters
•
US sees 'first signs of growth', says Geithner
02 Sep 2009
•
US private sector sheds 298,000 jobs in August
•
JTC's FY2008 surplus falls 23%
•
Govt may be taking steps to calm down the property market, say analysts
•
Asian markets ignore upbeat data as shares slide
•
Australian economy grows 0.6% in June quarter
•
US stocks sink, Dow down triple digits
•
Oil prices skid on market tension, dollar rise
01 Sep 2009
•
Macau's economy contracts for third straight quarter
•
German unemployment rate edges up to 8.3%
•
Oil prices bounce back above US$70
•
Relapse feared even as German retail rebounds
•
Global economic downturn ending, says Indian PM
•
Bank of America mulls repaying aid
•
Japan's vehicle sales show first rise in 13 months
•
IMF expects Singapore's growth to contract worse than official forecast
•
Icahn cuts stake in Yahoo!
•
US stocks fall after China sell-off shakes markets
•
Oil falls under US$70 after China stock plunge
31 Aug 2009
•
Long-term unemployment rising as structural changes cut jobs
•
MIT diversifies business to tap into solar industry
•
Japan's post-election market euphoria short-lived
•
NZealand's economic recovery fragile, says central bank
•
India posts 6.1% quarterly growth
•
Australia says curbing stimulus would "knee-cap" recovery
•
Japan's July factory output marks fifth straight monthly gain
•
Britain urges more reform of finance sector
30 Aug 2009
•
LNG boom to make Australia 'Middle East of gas'
29 Aug 2009
•
Dollar recovers some gains amid renewed caution
28 Aug 2009
•
Chip maker Intel raises revenue forecast
•
US consumer spending rises 0.2% in July
•
Prices fall in Spain for sixth straight month
•
Japan's jobless rate, deflation set record in July
•
Dell net profit down 23%
•
Euro firms against US dollar on recovery hopes
•
US stocks recover; Dow posts 8th day of gains
•
Oil prices rebound as dollar drops
27 Aug 2009
•
US new jobless claims fall after two weeks of increases
•
US stays on recovery track after unrevised GDP drop
•
Second quarter US economic contraction unrevised at 1.0%
•
Eu Yan Sang FY net profit jumps 164% to S$13m
•
575 companies receive subsidies to implement work-life balance
•
Japan's Mitsukoshi to axe 1,000 jobs
•
German consumer confidence posts 5th straight gain
•
Philippines economy grows 1.0 per cent in first half
•
Olam reports 28% decline in Q4 net earnings to S$46.7m
•
Australian business investment in surprise 3.3% rise
•
US dollar drifts up as market gauges recovery prospects
•
Oil prices drop after rise in US stockpiles
•
Real US unemployment rate at 16%, says Fed official
26 Aug 2009
•
Japan's Fujitsu to axe 1,200 jobs in Britain
•
US durable goods orders post steep jump
•
Malaysia posts smaller-than-expected Q2 contraction of 3.9%
•
German business confidence up fifth time running
•
Singapore must make structural changes to bring about recovery
•
Japan's July trade surplus rises for second month
•
US Postal Service offers buyouts to 30,000 employees
•
US dollar steady against euro after US Fed chief reappointed
•
US stocks post modest gains after strong economic data
•
Oil price rally fizzles after hitting US$75
25 Aug 2009
•
Obama reappoints Bernanke as Fed chairman
•
Henderson Global Investors bullish on China
•
New consumer watchdog to look after interests of retail investors
•
Singapore consumers growing more confident of economic recovery
•
General Motors may try to keep Opel
•
Foster's reports 4% rise in annual profits to US$622.1m
•
Obama to reappoint Bernanke as Fed chairman
•
Euro slips against US dollar amid profit-taking
•
US stocks end mostly flat after rally
•
Oil prices surge to 10-month high
24 Aug 2009
•
EU factory orders rise 3.1% in June
•
Britain's recession 'at an end', says industry survey
•
Asian stocks shoot higher on brighter outlook
•
Fairfax Media slumps to US$315.4m annual loss
22 Aug 2009
•
New economic data set to test Wall Street bull run
•
US dollar dampened by buoyant eurozone data
•
US stocks soar to new 2009 highs
•
News Corp. seeking to form online news consortium
21 Aug 2009
•
Amazon, Microsoft, Yahoo! oppose Google book project
•
Global recovery prospects appear good, says Fed chairman
•
Eurozone economy stabilises in August
•
US dollar dips against euro ahead of Bernanke speech
•
US stocks rise as data points toward recovery
•
US economy back 'from the brink', says Geithner
20 Aug 2009
•
Britain backs new Tesco supermarket banking service
•
Economists express mixed views over fiscal measures
•
US new jobless claims rise for second week
•
Travel agents predict higher demand for year-end vacations
•
2 CET campuses to help Singapore stay competitive
•
Australian court bans exec for misleading market
•
Tesco grows banking service with 800 new jobs
•
Race, religion garner biggest public response on REACH
•
New training centres will help workers compete in tougher global economy
•
US to lower budget deficit estimate to US$1.58 trillion
•
US dollar slides against euro, yen on risk taking
•
Oil jumps after surprise fall in US crude reserves
•
US stocks climb on oil rally
•
Oil jumps after surprise fall in US crude reserves
•
Euro firmer after strong US energy report
19 Aug 2009
•
Philippines may sell assets to meet deficit target
•
Asian economies outpace US and Europe on growth track
•
IMF says global recovery requires US, Asia rebalancing
•
HP profit falls but beats expectations
•
Dollar slumps against euro after two-day rally
•
Oil prices jump as equities recover
•
US stocks rise on better-than-expected earnings
•
Oil prices jump as equities recover
18 Aug 2009
•
Global economic recovery has started, says IMF chief economist
•
US wholesale prices fall 0.9% in July
•
German economy boosted by ZEW survey
•
Five Chinese firms on Fortune's 100 list
•
Asian competitors shadow German solar industry
•
Wall Street dives amid recovery worries
•
US dollar, yen advance amid recovery fears
•
Oil prices slump on US recovery worries
17 Aug 2009
•
US extends key asset-backed securities loan facility
•
New York manufacturing survey rebounds
•
World stocks plunge despite Japan's recovery
•
Organisations need to become more engaging to avoid employee exodus
•
Singapore economy weathered worst of global crisis, say experts
•
Eurozone trade surplus doubles in June
•
Hong Kong used by US tax evaders
•
Typhoon hits Taiwan agriculture, tourism hard
•
Australia treasury chief warns of "second shockwave"
16 Aug 2009
•
The Pink Recovery: Why Women Are Doing Better
•
PM Lee calls on S'poreans to stay cohesive to overcome challenges
•
S'pore can still grow even if world markets not expanding fast
•
Singapore can't take religious, racial harmony for granted
•
Gloom lingers in Central Europe's economies
•
US recovery is in view, but economic struggles persist
•
Japan's big businesses expect recovery by mid-2010
15 Aug 2009
•
Iceland recapitalises two banks
•
Malaysia 'well-positioned' to weather global crisis, says IMF
•
Oil prices skid on weak US consumer confidence
•
Wall Street hit by weak consumer survey
•
Weak consumer confidence raises alarm on US recovery
•
US industrial output rebounds, consumer prices flat
14 Aug 2009
•
Oil prices rise further on demand hopes
•
Businesses hope PM's speech will provide guidelines on economic outlook
13 Aug 2009
•
Upbeat Fed comments spark partial US dollar recovery
•
Fed comments spark Wall Street gains
•
Oil joins equities rally, despite US inventory rise
•
Fed holds rates near zero, sees stabilising economy
12 Aug 2009
•
HKEX posts Q2 net profit of US$200m
•
British unemployment rate hits 7.8%, highest since 1996
•
Life insurance industry sees 38% growth in new sales in Q2
•
Fed to take slow road back to normal interest rates
•
Singapore property market booms despite recession
•
Madoff's right-hand man pleads guilty to fraud, conspiracy
•
US stocks slide again ahead of Fed rate decision
•
US dollar wobbles as Fed meets; yen jumps
•
Fed to stay aggressive despite recovery signs
11 Aug 2009
•
Singapore economy expanded by 20.7% in Q2
•
Australian business confidence at two-year high
•
Canada, China to strengthen economic ties
•
Bank of Japan holds super-low interest rates steady
•
Wall Street lower on profit-taking ahead of Fed meeting
•
US dollar gains against euro ahead of US Fed meeting
•
Oil prices ease amid supply, dollar concerns
10 Aug 2009
•
Reports say Lloyds bank plans to raise US$25b
•
Krugman says world avoided "Great Depression 2.0"
•
Japan's core machinery orders rebound 9.7% in June
09 Aug 2009
•
Fed to stay supportive even with US economy healing
•
Stock exchanges hit highest levels this year
•
EU defends action against Intel after report leaked
08 Aug 2009
•
PM Lee calls for unity to face challenges ahead
•
IMF boosts loan to Pakistan by US$3.2b
•
Obama says US economy saved from 'catastrophe'
•
Oil prices drop as dollar rise nips rally
•
Wall Street hits fresh 2009 highs on upbeat jobs data
•
News Corp tests charge-for-content policy at Sunday Times
•
Recovery seen as German exports pick up
07 Aug 2009
•
Oil prices fall, remain above US$74 in London
•
Asia's Easy-Money Policies: Fueling New Bubbles?
•
Troubled US insurer AIG back in profit
•
State-rescued RBS reports surge in bad debts
•
Asset bubble may be forming in China
•
China's New Purchasing Powerhouse: Women
•
News Corp to charge for online newspapers
•
US Senate votes to save 'Cash for Clunkers' programme
•
US deficit climbs to US$1.3 trillion
•
Fannie Mae suffers massive loss, seeks more aid
•
ECB, Bank of England hold interest rates steady
•
Wall Street stocks end lower ahead of key July labour data
•
US dollar firms as market braces for payrolls data
•
Oil prices fall after hitting US$76
06 Aug 2009
•
New US jobless claims fall to 550,000 in week
•
Bank of England to pump extra US$84b into economy
•
Signs of stabilisation in aviation industry, says ICAO
•
Auto industry finds eco-friendly initiatives boost sales
•
Obama launches economic counter-attack
•
China central bank to fine-tune monetary policy
•
Japan sees rays of hope for economy
•
India's outsourcing sector hits tough times
•
Obama's trade policy faces test in Chinese tire tariffs case
•
Experts doubtful about China-led recovery
•
News Corp. dives into annual loss of US$3.4b
•
US dollar flat despite weak economic data
•
US stocks slip on weak jobs, services sector data
•
Oil prices rise on weakening dollar
05 Aug 2009
•
US private sector cut 371,000 jobs in July: ADP
•
'Green' initiatives, technology boost sales in auto industry
•
US services sector resumes nosedive
•
CAO posts 42% drop in net profit for 1H 2009 on lower fuel prices
•
Market for business analytics expected to grow amid uncertain economy
•
Lloyds bank posts huge loss as bad debts surge
•
Report says Shanghai bourse to see foreign listings next year
•
Wall Street ekes out gains in choppy session
•
Euro steadies against dollar after 8-month peak
•
New York oil price ease after bull run
•
Deutsche Boerse says profits fall by a third
04 Aug 2009
•
US consumer spending rises, incomes fall
•
British bank Northern Rock's losses deepen
•
UBS posts US$1.32 billion losses for Q2
•
'Cash for Clunkers' drives up US auto sales
•
Euro surges against US dollar as recovery beckons
•
Wall Street rally pushes S&P above 1,000 for first time since Nov 4
•
Oil prices rally on outlook, weaker dollar
•
BoA to pay US$33m to settle Merrill accusations
•
India's foundry industry experiencing revival
03 Aug 2009
•
US manufacturing nears return to growth
•
Indonesia eyes 5% growth target for 2010
•
Barclays says H1 profits jump almost 10% to US$3.2b
•
IEA official warns of shrinking oil supplies
•
Guardian group mulls closure of Observer newspaper
02 Aug 2009
•
KKR plans to list Toys R Us on stock market
01 Aug 2009
•
Obama says stimulus helping 'put the brakes' on recession
•
Wall Street mixed on GDP report
•
US dollar weakens after US GDP data
•
Oil prices shoot up after US GDP data
•
Ford to cut 600 jobs in Spain
•
GDP figures show recession is being braked, says Obama
31 Jul 2009
•
Improving US economy shows 1.0% contraction
•
Sale of Optima@Tanah Merah brought forward due to queues
•
Japan's MUFG first quarter profits soar 48%
•
Japan's ANA flies into red in Q1
•
Japan's Mizuho Financial posts Q1 loss of US$47m
•
Japan's jobless rate hits six-year high of 5.4% in June
•
Euro creeps higher as risk appetite picks up
•
Corporate news propel US stocks to end higher
•
US economy likely to contract in second quarter, says Obama
•
Oil prices rebound on equity surge, weaker dollar
•
Motorola rebounds, posts profit
30 Jul 2009
•
ExxonMobil profit slumps 66% to US$3.95b
•
Technology will feature more prominently in SGX's business in the future
•
Asian economies should adopt unilateral liberalisation, widen supply chains
•
China central bank to maintain credit policy
•
Share prices mask uncertain India economy outlook
•
Microsoft-Yahoo! deal draws mixed reviews
•
Australia PM warns of long recovery, unemployment to rise
•
UN agency says budget shortfall will cut food aid
•
US trustee sues Madoff's wife for US$45m
•
New Zealand interest rate unchanged at record low
•
IMF to boost coffers for poor nations by bln
•
Dollar extends gains after mixed data
•
Wall Street sees modest profit taking
•
Oil prices plunge on rising US reserves
•
US economy shows signs of stabilising: Beige Book
•
Soaring China debut for world's largest IPO in 16 months
•
Obama sees 'beginning of the end' of recession
•
Porsche expects pre-tax loss of up to US$7b
•
German airline Lufthansa posts sharp drop in sales
•
India's outsourcing sector sees export growth slide
•
Oil prices slump to US$63
29 Jul 2009
•
Germany consumer prices fall for first time in 22 years
•
Yahoo, Microsoft in Web search partnership
•
Over S$27.5b invested in Marina Bay from private and public sector
•
Yahoo!, Microsoft near search deal, says WSJ
•
Dollar rebounds amid renewed caution
•
Sprint Nextel buying Virgin Mobile
•
Wall Street momentum limits profit taking
•
Oil prices retreat amid fresh caution
•
Weak job market hits US consumer confidence
•
Oil prices subdued
28 Jul 2009
•
Manpower Minister urges employers and workers to stay flexible, positive
•
Deutsche Bank's Q2 net profit up 68%
•
Canada's mini-Madoff fraudster surrenders
•
Geithner, Wang say cooperation key to global recovery
•
Late rebound gives Wall Street modest gains
•
Oil extends gains on economic optimism
•
Ryanair returns to profit in first quarter
•
Euro rises on buoyant German consumer confidence
27 Jul 2009
•
Clinton, Geithner seek action with China on economy
26 Jul 2009
•
China, India can help, not save world economy
•
Airline dogfight over lucrative Pacific route
25 Jul 2009
•
Australia faces long, tough road to recovery, says PM Rudd
•
Microsoft down over 8% on weak fourth quarter
•
Dow extends rally; Nasdaq dips on weak earnings
•
Oil prices rise on brighter economic outlook
•
BP drops plan to build refinery in east Canada
24 Jul 2009
•
Oil steady as traders track equities
•
British economy sees record contraction in Q2
•
Japan's economy recovering, but risks remain
•
California lawmakers prepare for key budget vote
•
Euro slips against US dollar as oil prices gain
•
Dow tops 9,000 as Wall Street cheers earnings, housing data
•
Ford returns to profit amid debt reduction gains
•
Oil prices surge on hints of US recovery
23 Jul 2009
•
New US weekly jobless claims jump
•
Sharpening focus on top range customers can help companies increase profits
•
First Reit's Q2 DPU up 0.5% on-year
•
Ascott Residences Q2 DPU drops
•
Japan trade surplus logs first rise in 20 months
•
EBay reports profit plunges 29%
•
Wall Street's blue chips falter but Nasdaq extends rally
22 Jul 2009
•
Wells Fargo's profit jumps 81% to US$3.17b
•
Pfizer's Q2 earnings fall 19% to US$2.26b
•
Japan should avoid deflation spiral, says BoJ official
•
Anger over details of California budget crisis deal
•
Yahoo! beats expectations with US$143m profits in quarter
•
US dollar mixed after Bernanke comments
•
Oil prices climb on positive US company results
21 Jul 2009
•
Bernanke sees US upturn, seeks to keep easy credit
•
Colliers says property investment activity rose in Q2
•
Light manual labour for Madoff in prison
•
Doha round, global slump top APEC talks
•
Australian treasurer says worst may be over
•
Euro vaults against US dollar on market optimism
•
US stocks rally on renewed optimism, CIT rescue hopes
•
Oil rides higher on improved recovery outlook
20 Jul 2009
•
US leading index jumps 0.7% in June
•
Singapore shares close up 1.04 %
•
German producer prices plunge in June
•
Germany may force state aid on banks
•
Report says CIT nearing US$3b rescue deal
19 Jul 2009
•
Battle to save Toyota's unionised California plant
•
Indonesia bombs jolt expats, investors after years of peace
•
Saudi Sabic swings back to profit in Q2
18 Jul 2009
•
Inaugural investment education fair hopes to attract 20,000
•
Banking results show sector healing but fragile
•
Dollar sees safe-haven flows after Indonesia blasts
•
Wall Street mostly higher, Dow makes five-day rally
•
Oil prices rise after positive US housing data
17 Jul 2009
•
Citigroup posts US$4.3b profit on one-time gain
•
General Electric quarterly profits down 49%
•
US housing starts, permits surge in June
•
Cisco Systems lays off hundreds of workers
•
Bank of America tops forecasts with US$3.2b profit
•
US videogame sales down in June
•
Wall Street extends rally to fourth day
•
Oil prices close mixed on economic worries
•
CIT on the brink after bailout talks fail
16 Jul 2009
•
Singapore shares close 0.49% higher
•
Mitsubishi UFJ to boost capital by US$3.9b
•
US treasury refuses emergency aid to struggling lender CIT
•
Wall Street surges on Intel earnings, Fed outlook
•
Fed sees rebound in second half of 2009
15 Jul 2009
•
US industrial production down 0.4% in June
•
APEC trade ministers to discuss financial crisis recovery
•
Bank of Japan holds rates, extends emergency steps
•
European fine sends Intel into the red
•
US dollar edges higher on mixed economic data
•
Wall Street wobbles higher, helped by Goldman Sachs
•
US retail sales rise 0.6% in June
•
Oil prices mixed as demand worries persist
•
Thailand increasing profile of local products for export market
14 Jul 2009
•
Goldman Sachs posts US$3.44b profit
•
Strong biomedical sector pulls S'pore out of recession
•
NTUC says slowdown in GDP contraction doesn't mean recovery in sight
•
Singapore shares close up 1.94%
•
Strong growth suggests Singapore emerging from recession
•
Madoff bound for medium-security prison
•
Oil prices slip in murk of recovery worries
•
Dollar steady ahead of earnings, economic reports
•
Financials lead big Wall Street rally
•
US budget deficit reaches more than one trillion dollars
•
Dollar dips before data, earnings
•
Oil prices drop under US$59
•
US$560b plan to pump African solar power to Europe
13 Jul 2009
•
Economists see good growth in Asia going into second half of 2009
•
Economists expect Singapore's economy to grow by 15-23% in Q2
•
China construction giant set for massive IPO
•
Slow stimulus spending brings out complaints
12 Jul 2009
•
Number of applications for financial assistance stabilises in Q2
•
Summer bonuses plunge record 16.6% in Japan
•
White House economic advisor says worst yet to come
11 Jul 2009
•
French lawmakers debate contentious Sunday trading bill
•
Wall Street waffles on murky economic outlook
•
Oil falls below US$60 in New York
10 Jul 2009
•
Dollar's dominance under fire at G8 summit
•
US trade gap shrinks to nine-year low
•
Drop in casino earnings around the globe unlikely to hit S'pore's IRs
•
More unionised firms re-employing older workers: NTUC
•
IEA sees dramatic turnaround in global economic growth in 2010
•
SKorea's central bank improves outlook on economy
•
Wall Street ekes out gains amid recovery worries
•
Oil prices creep up after sliding below US$60
•
Sprint hands over network operations to Ericsson
09 Jul 2009
•
US initial jobless claims fall to six-month low
•
India's economic reforms present many opportunities for regional investors
•
Markets welcome Yudhoyono "landslide" in Indonesia vote
•
Australian jobless rate edges up to 5.8% in June
•
US selects 9 firms for 'toxic asset' plan
•
Wall Street mixed in hesitant trade
•
G8 rifts emerge as economic danger signs spied
•
German industrial output leaps higher
08 Jul 2009
•
IMF hikes 2010 growth forecast to 2.5%
•
Japanese bankruptcies top 8,000 in first half
•
OPEC cuts forecasts for global oil demand
•
Prices of HDB resale market stable for now
•
Hong Kong bankers guilty plea on insider trading
•
S'pore businesses urged to step up on branding efforts during recession
•
Global equities slip on poor economic outlook
•
Japan machinery orders fall to record low in May
•
US dollar mixed as market girds for G8
•
Economic, earnings jitters drag down US stocks
•
Oil prices slump under US$63
•
US may need a second stimulus, says Obama adviser
07 Jul 2009
•
Global IPO activity shows uplift in Q2 2009 with 76 IPOs
•
Indian media offers cautious budget reaction
•
A brand new slate of NMPs in the House
•
Wall Street hesitant amid conflicting data
•
Oil prices slide on demand worries
06 Jul 2009
•
Hong Kong govt says economy likely to improve in Q2
•
CBRE says fall in office rents eases in Q2
•
Ernst & Young says most financial services companies won't see growth until H1 2010
•
Lanxess to implement groundbreaking technology for Butyl rubber plant in S'pore
•
G8 surveys financial crisis aftershocks
05 Jul 2009
•
Taiwan benefits from China's economic stimulus
•
Sarkozy pries open France's door to Sunday shopping
•
Standard and Poor's maintains Philippines' ratings
04 Jul 2009
•
BT offers staff a year at home for pay cut
•
New bubbles rising in China property market
03 Jul 2009
•
Asian markets mixed after grim US jobs data
•
Singapore shares close 0.91% lower
•
Asia tested as music industry seeks to boost sales
•
Obama sure of rebound despite job loss figures
•
Wall Street slumps on weak job numbers
•
US dollar gains as US jobs report rattles markets
•
Oil prices slide on weak US jobs report
02 Jul 2009
•
US loses 467,000 jobs, unemployment at 9.5%
•
ECB keeps interest rate steady, downplays deflation risk
•
Singapore stocks poised for spectacular rebound
•
Singapore shares down 1.35%
•
ADB says Asia will be first to rise out of global recession
•
Australia records biggest trade deficit in a year
•
Wall Street gains as third quarter opens
01 Jul 2009
•
US private sector cuts 473,000 jobs in June
•
90% of investors polled optimistic about market opportunities despite downturn
•
MasterCard survey shows Singapore consumers plan to save more
•
Marks and Spencer's sales rise in first quarter
•
MM Lee speaks of need to restructure airport operations
•
Japanese banks Shinsei, Aozora announce plan to merge
•
ECB rate held despite deflation danger, say analysts
•
Japanese business confidence improves for first time in 2.5 years
•
Market jitters send investors rushing to dollar
•
Wall Street sinks along with consumer confidence
•
British bank Lloyds slashes another 2,100 jobs
•
Oil prices slide on sagging US consumer confidence
•
UK economy shrinks fastest since 1958
30 Jun 2009
•
US consumer confidence sinks
•
Fraser Commercial Trust to raise S$213.9m through rights issue
•
Mobile broadband speeds expected to go up with LTE launch
•
STI exceeds analysts' expectations in first half of 2009
•
Hong Kong equities see strong first half performance
•
Is a Trade War with China Brewing?
•
Recession woes prompt rise in CIA applications
•
Malaysia liberalises economy as recession looms
•
Japan's Elpida set for US$1.7b rescue
•
Japan's May unemployment hits over 5-year high af 5.2%
•
US stocks end higher on economic optimism
•
Oil leaps on Nigerian tensions, China demand
29 Jun 2009
•
Wall Street swindler Madoff jailed for 150 years
•
Prices of new private homes could rise by 5-10% in 2H 2009: analysts
•
Madoff's victims speak ahead of sentencing
•
New Zealand posts fourth straight trade surplus
28 Jun 2009
•
Hong Kong yet to emerge from financial crisis
•
Eurozone rates on hold, say analysts
•
Ryanair to order up to 300 new planes by year-end
27 Jun 2009
•
Prosecutors ask for 150 years in jail for Madoff
•
Japan's Elpida reportedly to receive US$2.1b in aid
•
US stocks mixed in profit-taking after rally
•
Taiwan's economy contraction slows in May
•
Spain announces 9-billion-euro banking fund
26 Jun 2009
•
Oil prices hit reverse as Wall Street slips
•
Swiss bank UBS seeks fresh cash
•
US consumer spending rises as incomes surge
•
MOF releases list of Economic Strategies Committee members
•
GDP revision fuels boost onm Wall Street
•
Dollar mixed as markets mull Fed
•
British Airways staff agree to work for free
•
Fed acted 'with integrity' on Merrill-BofA deal
25 Jun 2009
•
17,000 in Singapore out of millionaire club due to financial crisis
•
US economy shrank at 5.5% in 1st quarter
•
Airlines revenues sink as H1N1 flu adds to woes
•
Analysts see increased activity in investment sales market in Q2
•
Master swindler Madoff to be sentenced on Monday
•
South Korea says economic outlook less gloomy
•
Japan's Shinsei, Aozora say in merger talks
•
Oil below US$69 in Asia as US dollar strengthens
•
Oil prices dip as dollar strengthens
•
UN debate financial crisis with eye on developing world
24 Jun 2009
•
OECD says recession near low-point
•
European house prices reel from recession
•
Orders for US durable goods surge in May
•
Fed seeks to steer economy amid signs of recovery
•
Dollar gains on yen in Asia with eyes on Fed
•
US stocks close mixed amid Fed meeting
•
US dollar wobbles as Fed meeting opens
•
Oil prices rebound amid dollar fall, Iranian crisis
•
Ikea cuts 5,000 jobs due to economic crisis
23 Jun 2009
•
Federal Reserve to provide clues on US recovery
•
Asian shares slump on global recovery fears, profit-taking
•
Philippines says budget deficit soars 556.2% on-year
•
US draws line with China on climate technology
•
Madoff feeder fund charged with fraud
•
US dollar mostly firm; euro hit by budget woes
•
Japan's newest airport needs over 1m passengers every year
22 Jun 2009
•
Apple's Jobs makes first statement since January leave
•
Gold glitters amid global recession
•
Thai PM says country's economy should be on recovery track by year-end
•
Thai PM says economy to turn positive this year
21 Jun 2009
•
Singapore's "Father of Counselling" Anthony Yeo dies
•
Japan's key Tankan survey to post big leap
•
Fed to stamp out idea of early rate hike
20 Jun 2009
•
World's hungry top one billion, says UN food agency
•
Vietnam legislature lowers growth target
•
Prosecutors want delay in Madoff restitution decision
•
Apple CEO gets liver transplant
•
Taiwan's income gap at record high
•
Moves away from safe havens hit dollar
•
US stocks end mixed, surrender early gains
•
Airbus says Paris Show eclipses expectations
•
NYSE Euronext to buy 20% stake in Qatar bourse
•
Sony vows comeback after posting dismal loss
19 Jun 2009
•
Central Europe leaders in talks on global crisis
•
Pay cuts for SIA management, CEO
•
Sephora to open Asia's largest store in ION mall
•
China ends nine-month IPO ban
•
Wall Street mainly higher after positive data
•
Oil prices drift higher in wary market
18 Jun 2009
•
Key US economic index surges for second month
•
Survey shows business sentiment up, more expats moving to S'pore
•
Experts expect number of marriages to go up during economic downturn
•
US initial jobless claims rise, after four-week fall
•
Survey shows Australian business confidence soars
•
Schwarzenegger vows to veto California tax boost
•
US dollar slides after weak US inflation data
•
FedEx reports higher quarterly loss
17 Jun 2009
•
US consumer prices rise 0.1% in May
•
Aviation companies optimistic that industry may be poised for take off next year
•
British unemployment rate climbs to 7.2%
•
China launches war on graft in boom city
•
Wall Street stumbles for second straight day
•
Michelin to slash more than 1,000 jobs in France
16 Jun 2009
•
Malaysia aiming to boost liquidity in its stock market
•
US wholesale prices rise for second month
•
US industrial output drops sharply in May
•
HK's unemployment rate stays at four-year high of 5.3% in Q1
•
Hong Kong's ministers to take pay cut
•
IDA investing S$20m to help IT grads and professionals
•
Oil prices below US$70 in Asian trade
•
Madoff victims spew avalanche of insults
•
US dollar jumps on European financial concerns, Russian backing
•
Time to 'rebrand' the civil service?
•
Wall Street dives on recovery worries, profit-taking
•
Boeing, Airbus lift gloom at Paris Air Show
15 Jun 2009
•
IMF projects 'solid' US recovery in mid-2010
•
Sluggish demand, fluctuating exchange rates two top barriers in regional trade
•
Eurozone sheds record 1.2 million jobs
•
JAL to cut flights in Asia on slow recovery
•
Dismal economy, Air France crash over Paris show
•
Detroit summit seeks new economic vision
•
British businesses say no economic growth until 2010
•
Airbus warns of possible big drop in orders this year
•
Paris Air Show opens under a cloud
14 Jun 2009
•
PC Show 2009 attracts 1.13 million visitors
•
Turnout disappoints in French crisis protests
13 Jun 2009
•
Shaky recovery hopes dominate G8 finance talks
•
Wall Street mixed after rudderless session
12 Jun 2009
•
Bank worries, shaky recovery cloud G8 finance talks
•
Shipping trusts in spotlight during recent rally
•
Developing economies to find it harder to recover from current crisis: UNDP
•
Australian govt furious over bank's rate hike
•
Singapore shares close down 0.20%
•
World awaits recovery as G8 finance chiefs meet
•
British Finance Minister urges nations to clean up banks
•
US dollar weak on growing risk appetite
•
Wall Street gains on retail, jobless reports
•
Oil prices surge after IEA report shows stirring demand
11 Jun 2009
•
US initial jobless claims fall for fourth week
•
US retail sales up 0.5% in May
•
Some Asia Pacific countries may risk losing out on aid funds
•
Thousands show up at opening of PC Show 2009
•
China ready to resume IPOs after de facto freeze
•
SKorea freezes key interest rate at 2%, says downturn is over
•
Data shows Japan's economy shrank less than thought in Q1
•
South Korean-led consortium to buy AIG HQ in New York
•
Nikkei tops 10,000 for first time since October
•
US dollar up against euro, yen on trade concerns
•
Wall Street hit by rising commodities, bond yields
•
Few signs of economic recovery, says Fed Beige Book
10 Jun 2009
•
Commodities prices may surge due to green movement gaining momentum
•
US trade deficit widens in April
•
Lufthansa boss lashes out at oil 'speculators'
•
Britain explores sale of Northern Rock
•
Most S'pore companies planning radical business model changes: survey
•
Oil prices breach US$71 in Asian trade
•
S'pore among top 10 most expensive locations in Asia: survey
•
Japan's May wholesale prices drop most in 22 years
•
US dollar down versus euro on rate fears
•
Wall Street gains capped by bond fears
•
Oil price closes above US$70
09 Jun 2009
•
German retail giant goes bust, 43,000 jobs at risk
•
Pharma giant GlaxoSmithKline eyeing growth opportunities in Asian markets
•
Bread and butter issues top concerns in feedback to REACH
•
German retail giant Arcandor files for bankruptcy
•
China says Nasdaq-style board only for experienced traders
•
China airs fears on US debt, dollar
•
US dollar keeps momentum from jobs data
•
Oil prices slip amid dollar bounce
•
Faster banking sector 'cleansing' needed, says IMF head
•
Obama speeds up stimulus spending
08 Jun 2009
•
Top economies signal recession may be easing
•
Global airlines to lose US$9b in 2009, says IATA
07 Jun 2009
•
Average income of low-wage workers up by 9% over past two years
•
Japanese automakers race ahead with green cars
•
Thai PM says loan will create up to two million jobs
•
Saudis to create bond market
06 Jun 2009
•
Cirque du Soleil prepares for new Macau special
•
US appeals court clears way for Chrysler's exit from bankruptcy
•
Late fade leaves Wall Street mixed after jobs data
•
Oil prices fall after spike above US$70
05 Jun 2009
•
Japan's electronic giant Sharp sees hopes in China
•
Revised growth figures confirm SKorea avoided recession
•
Wall Street hesitates, ends higher
•
Oil prices near US$70
•
Intel buying Wind River Systems for US$884m
•
Malaysia's exports plunge 26.3% in April
04 Jun 2009
•
ECB, BoE hold record low rates, analysts eye bonds
•
New US jobless claims dip for third week
•
IATA chief says outlook bleak for airline industry
•
ADB lends Indonesia one billion dollars
•
Australia economic growth appears stronger
•
US stocks drift lower in profit-taking
•
US dollar rebounds from lows after eurozone data
03 Jun 2009
•
US private sector sheds 532,000 jobs in May
•
US services index posts best reading in seven months
•
Bernanke says US needs to address deficits
•
Singapore sees sharpest drop in office occupany costs: global survey
•
Australia dodges recession after surprise growth
•
Half of SMEs believe global economy will rebound in 2010
•
Australia economy posts surprise growth, avoids recession
•
US shares edge higher on home, auto sales data
•
US dollar hit by Russia comments, improved outlook
02 Jun 2009
•
China's Hu gives Geithner vote of confidence
•
Recession far from bottoming out, says PM Lee
•
US dollar ends flat against euro after sharp fall
•
Strong rally lifts Wall Street as economic hopes rise
•
Oil soars above US$68 to seven-month high
01 Jun 2009
•
US factory sector sees positive signs
•
US consumer spending continues to fall
•
GM, Citi make way for Cisco, Travelers in Dow
•
US judge approves sale of Chrysler to Fiat
•
8,000 workers to be trained as 32 hotels sign up for SPUR
•
Golf: Lexus Cup falls victim to economic crisis
•
Japanese auto sales fall in May
•
GM to lose prestigious spot on Dow
30 May 2009
•
Wall Street faces data barrage, GM bankruptcy in coming week
•
US Treasury reaches out to China
•
US court likely to rule Monday on Chrysler-Fiat
•
Dollar sinks to 2009 low against euro
•
Improved outlook pushes oil above US$66
•
Wall Street caps positive week on upbeat note
•
Ireland to inject 4 billion euros into Anglo Irish Bank
•
GM tweaks rescue plan as Chrysler back in court
29 May 2009
•
Eurozone inflation hits zero
•
US economy shrank revised 5.7% in first quarter
•
Singapore shares close up 1.57%
•
Dell quarterly net profit down 63% to US$290m
•
Chrysler needs Fiat deal to survive, says CEO
•
Future of newspapers is digital, says News Corp. chairman
•
Japan's April factory output jumps, but unemployment rises, CPI down
•
Oil prices breach US$65
•
Wall Street rises as bond market tensions ease
•
Geithner to reassure China on investment
•
German unemployment rate falls to 8.2%
•
Chrysler rescue bid enters second day in court
28 May 2009
•
Malaysian economy to contract by 4-5% in 2009
•
US new home sales edge higher in April
•
Oil price soars to six-month highs
•
New US jobless claims fall in past week
•
OPEC holds output steady, sees economic recovery
•
Italian industrial confidence continues rise
•
Philippines teetering into recession
•
New Zealand cancels tax cuts in new budget
•
Court weighs Chrysler rescue, GM bankruptcy looms
•
US stocks slide on GM bankruptcy, debt concerns
•
US banks swing into profit, but bad loans mount
•
Euro falls against dollar on economic data
27 May 2009
•
Oil price hits six-month peak on eve of OPEC meet
•
Bank of America closes in on Fed capital target
•
Downturn an opportunity for China, S'pore to invest in its people: MM Lee
•
OCBC analysts say recovery in sight for Singapore by year-end
•
Malaysia heads for recession after 6.2% Q1 contraction
•
H1N1 flu not likely to have major impact on Singapore's economy
•
Survey shows US recession to end in second half
•
Japan posts trade surplus as export slump eases
•
Medvedev reaches out to Russia's struggling businesses
•
Oil prices hit new six month high
•
Surge in US consumer confidence lifts stocks
•
Santander to pay US$235m to settle Madoff claims
•
Oil prices hold close to US$60
26 May 2009
•
US consumer confidence leaps to 8-month high
•
Virgin Atlantic says annual profits almost double
•
NZ posts biggest April trade surplus since 2001
25 May 2009
•
Porsche fights off bankruptcy talk
•
Brazil seeking Asian investors to develop its ports sector
•
S'pore manufacturing outlook bleak, despite what some see as green shoots
•
S$660m from SPC sale can provide strong financial buffer for Keppel
•
Oil projects expected to decline by 25% on year in 2009
•
Singapore shares close 0.99% higher
•
BoJ chief sees 'mild recovery' for Japan
•
China to resume IPOs as early as next month: govt
•
Asian shares mostly higher but lack momentum
24 May 2009
•
World Bank chief warns about economic crisis
•
Plunge in Trade Is a Boon for Singapore Ship Suppliers
•
Three NGOs form coalition called Solidarity for Migrant Workers
•
US, China set to grapple with currency, trade concerns
•
Californians face up to grim future as deficit spirals
23 May 2009
•
Strong defence gives SAF confidence to build better future during difficult times
•
Wall Street stocks slip in volatile pre-holiday trade
22 May 2009
•
British economy at weakest for 30 years
•
Bank of Japan sees recession easing, holds rates
•
US Treasury injects another US$7.5b into GMAC
•
Currency markets shaken by downgrade fears
•
US stocks slump on recovery worries
•
Oil prices fall after spike above US$62
•
Key US economic index up first time in 7 months
21 May 2009
•
US new jobless claims dip to 631,000
•
Tiger Airways report 25% increase in revenue for financial year 2008/2009
•
Asian markets fall on US forecast, profit-taking
•
Outlook on UK economy downgraded to 'negative'
•
Singapore keeps 2009 GDP outlook at -6% and -9%
•
Wall Street stocks wilt on economic worries
•
Euro hits four-month high against US dollar
•
Oil prices in New York breach US$62
•
Fed sees tentative signs of economic improvement
20 May 2009
•
Morgan Stanley warns MAS redemption event could occur soon with Pinnacle Notes 1
•
More S'poreans turning to government for assistance
•
US stocks mostly lower on housing concerns
•
US dollar weaker on sharper risk appetite
•
Marks & Spencer profits slump, dividends slashed
•
Oil prices hit US$60 in New York
19 May 2009
•
US home building starts, permits hit record lows
•
Recession brings business to Cambridge Institute
•
MOM focuses attention on developing globally competitive workforce
•
Survey shows that beverage prices remain little changed between Feb and Apr
•
Tokyo stocks up 3% in early trade
•
Euro rises as investor optimism gains
•
US stocks soar on upbeat earnings
•
Oil price hits US$59 on Nigeria unrest
•
US economic recovery will be 'bumpy', says Geithner
18 May 2009
•
Equity markets appear to be anticipating an economic recovery, says Blackrock
•
Oil prices gain ground on Nigeria unrest
•
Pharmaceutical firms explore unconventional collaborations
•
Indian markets applaud Congress win with share surge
•
Australian PM blames poll slump on tough budget
17 May 2009
•
SEC lawyers probed for insider trading
16 May 2009
•
Job losses as GM, Chrysler close dealerships
•
Oil prices fall sharply on economic concerns
•
Drop on Wall Street caps week of consolidation
•
40,000 march in Brussels to defend jobs
•
Regulators urge Bank of America board overhaul
15 May 2009
•
Sumitomo Mitsui posts US$3.9b loss
•
Recession storms across Europe
•
Nominations for entrepreneur of the year award open till end June
•
Singapore shares close 0.83% higher
•
Taiwan sees revival in employment market
•
Japan's machinery orders down 1.3% in March
•
Tough two-and-a-half years as an MP, says Mdm Halimah
•
Dollar mostly lower as traders cue on Wall Street
•
Wall Street looks past weak data, pushes higher
•
Deflation risks still persist despite growing injection of govt funds
14 May 2009
•
JTC Corporation allows operator tender for rock cavern project to lapse
•
Oil demand 'deeply depressed', says IEA
•
US jobless claims rise to 637,000
•
Manufacturers see new orders coming but face challenges
•
Olam International posts 56% rise in Q3 net profit to S$87m
•
BT axes up to 15,000 more jobs after losses
•
S'pore's April container throughput falls 18% on-year to 2.09m boxes
•
Singapore shares close 2.89% lower
•
Oil prices slide in Asian trade
•
US lawmakers target China's currency policy
•
US proposes new regulations on derivatives
•
US dollar firms against euro on dashed recovery hopes
•
Weak retail data sends US stocks tumbling
•
Oil prices sink on worries about US growth, demand
13 May 2009
•
US weighs bank pay overhaul
•
US retail sales fall in April
•
Naval spending still going strong despite global financial crisis
•
US foreclosures hit record high in April for second month
•
Japan's current account surplus in March down 48.8% to US$15.3b
•
IMF says corporate woes rise as Asia reels from crisis
•
PC software piracy rate in Singapore dips
•
Wall Street sputters as traders assess gains
•
Oil prices hit six-month high on weak dollar
12 May 2009
•
Asian firms shift focus from cost-cutting to preparations for recovery
•
Australia unveils record US$44.1b budget deficit
•
Positive hiring outlook for private banking despite global financial crisis
•
Global economy at turning point, say central bankers
•
Wall Street pulls back after heady gains
•
US dollar firms against euro
•
Oil prices drop on profit-taking after rallies
•
Singapore's investment in tourism industry helps keep economy ahead
11 May 2009
•
Obama deficit forecasts rise by nearly US$90b
•
NTUC and its 12 social enterprises offer 1,200 jobs at fair
•
The storm isn't over yet, says labour chief
•
Japan's MUFG to get Morgan Stanley shares
•
US dollar rebounds in Asia as traders eye recovery
•
Economic crisis heightens Africa's conflict tensions
•
Recession threatens Mideast oil exporters, says IMF
10 May 2009
•
Patient satisfaction with public hospital services dips
09 May 2009
•
Obama urges passage of credit card reform
•
US shares rally on positive bank tests, jobs data
•
Oil prices boosted by jobs data
08 May 2009
•
Stress tests lift uncertainty over US banks
•
US unemployment hits 8.9%, job losses moderate
•
Recent rally in global markets not a bull run yet, says Franklin Templeton
•
Oil prices rise above US$57 in London trade
•
RBS reports 857 million pounds net loss
•
AIG close to selling Tokyo building
•
Japan's Toshiba announces its biggest annual loss
•
Toyota posts first annual loss of US$4.4b
•
Australia's central bank slashes growth forecast
•
Tanglin Club members call to scrap 'unfair' limits on S'poreans
•
Harmonious ties among tripartite partners key to tackling recession
•
Bond jitters hammer Wall Street ahead of bank tests
•
Oil prices bounce above US$58 per barrel
•
US jobless benefit claims dip
07 May 2009
•
Wall Street Journal to launch Japanese website
•
Eurozone interest rate cut to record low
•
RHB Bank launches Islamic banking unit in Singapore
•
Parkway Life REIT achieves 17% rise in Q1 DPU of 1.89 cents
•
Singapore shares close up 2.87%
•
Tokyo stocks surge 4.55% to six-month high
•
Swiss Re back to profitability in first quarter
•
Nintendo bucks economic downturn with record profits
•
Tokyo shares soar 4.5% by midday
•
Hitachi hikes annual net loss forecast to US$8b
•
New Zealand's jobless rate hits six-year high of 5%
•
News Corp. posts flat quarterly net profit of US$2.7b
•
More insurance schemes to help S'poreans cope with downturn
•
Wall Street shakes off stress tests, extends gains
•
Oil price jumps above US$56, first time in 2009
•
BNP Paribas bank surprises with profits
06 May 2009
•
Merrill Lynch says Singapore in midst of W-shaped recovery
•
IMF sees "long, severe recession" for Asia
•
Bank of America needs extra US$33.9 billion
•
Eurozone set for one last rate cut
•
Bank of England set to hold rates at record-low 0.5%
•
NY Times raises prices
•
Wall Street slips amid banking jitters
•
US dollar climbs on Fed chief remarks, fresh services data
•
Increased demand for Internet among rural dwellers in China
05 May 2009
•
US economy could rebound in 2009, says Fed chief
•
Pere Ocean looking to expanding into Australia, China
•
Singapore shares close up 2.25%
•
US banks may need more funds
•
Wall Street rallies on recovery hopes
•
Obama cracks down on tax havens, outsourcing companies
•
JPMorgan says no need for additional capital
04 May 2009
•
ADB sees 'mild recovery' next year as markets soar
•
AIG close to selling building to Japanese company
•
Australia's ANZ Bank looking at buying Asian assets
03 May 2009
•
Australian treasurer warns of "unpopular" budget
•
Markets expect more bailouts after bank stress tests
•
Swine flu could worsen global recession, say analysts
02 May 2009
•
Citigroup may need US$10b more in new capital
•
US stocks drift up amid data, bank jitters
•
Japan sees jobless surge, renewed deflation
•
US to reveal 'stress test' results on banks May 7
•
Indian exports dive 33% in March
•
Asian Development Bank set for Bali meeting
•
Malaysian jobseekers see worsening job market
01 May 2009
•
US manufacturing sector's contraction moderates further
•
Employers welcome government's move to expand SPUR
•
SMFG to buy chunk of Citigroup in Japan
•
Madoff investment company auctioned for US$25.5m
•
Japanese unemployment hits four year high of 4.8%
•
US House votes credit card curbs
•
Japanese consumer prices suffer first fall in 18 months
•
US dollar firms against euro on US consumer pullback
•
US stocks end mixed as Chrysler files for bankruptcy
•
Oil prices mixed on murky economic signals
30 Apr 2009
•
Analysts say extent of swine flu impact on STI unclear
•
Recession hits German labour market
•
Singapore shares jump 3.82%
•
CCT to turn ground floor space at Market Street property into food court
•
Phone maker Ericsson says profits down by 30%
•
BASF posts weak earnings, warns 2009 will be tough
•
Taiwan to allow Chinese investments in stock market
•
New Zealand cuts interest rates to record low of 2.5%
•
Obama "hopeful" Chrysler, GM can be stronger than ever
•
Japan's factory output up for first time in six months
•
Singapore shares up 2.19% in early trade
•
Chrysler could be forced into bankruptcy
•
Wall Street surges, sees seeds of recovery in GDP
•
US dollar pares losses after Fed statement
•
Oil prices climb on recovery hopes
•
Time Warner's profit down, expects to spin off AOL
29 Apr 2009
•
US recession shifts to business as GDP falls 6.1% in Q1
•
Private sector lending growth down to 3.2% in March
•
China prepared to allow foreign bonds, shares
•
US economy slid at 6.1% pace in first quarter
•
Tripartite Upturn Strategy teams formed to help companies tackle downturn
•
Swine flu adds new dimension of risk to Singapore's economic growth
•
Fed Reserve expected to keep easy credit flowing for weak economy
•
Irish economy facing record downturn, says think-tank
28 Apr 2009
•
Fed Reserve likely to maintain credit push
•
US consumer confidence rises in April
•
Allianz, AmEx sell half of stakes in China's ICBC
•
MM Lee says S'pore not taking any chances in dealing with swine flu
•
Swine flu continues to weigh on Asian shares
•
Private education sector sees growing demand amid economic downturn
•
China trade chief says US protectionism growing
•
GM, Chrysler in moves to avert bankruptcy
•
Wall Street dips as swine flu prompts caution
•
Oil prices slide on swine flu fears
27 Apr 2009
•
Economic revival dominates Obama's first 100 days
•
Tight credit market slows momentum to develop green projects
•
Cheung Kong Holdings looking to invest in Singapore's property market
•
Good customer service helps companies stand out in times of recession
•
Swine flu spreads economic shivers
•
Companies should pay more attention to work-life balance in downturn
•
NTUC Fairprice donates another S$3.18m to U Care fund
•
Tripartite partners must stay united to help manage downturn
•
Stock markets dive on swine flu fears
•
Shares of anti-flu pharma firm soars on Australian stock market
•
Japan says economy to shrink 3.3% in fiscal year 2009
26 Apr 2009
•
Fed to stay aggressive, but prepare for recovery
•
Spanish clothes price war fuels deflation fears
•
EU plans ambitious financial sector reform
25 Apr 2009
•
IMF, World Bank meet as signs of recovery seen
•
Oil prices rebound on weak dollar, strong equities
•
Dollar hit as improved sentiment curbs safety trade
•
Wall Street gets spark from Ford, economic data
•
Report shows crisis traps more in poverty, hunger
24 Apr 2009
•
Euro climbs as German business confidence recovers
•
Oil prices rebound on weak dollar, strong equities
•
Singapore should continue to lure top companies, talents
•
Japan's Nomura posts record US$7.3b annual loss
•
Spanish unemployment soars past 17%
•
JAL, ANA say may scrap fuel surcharges
•
US reportedly seeking Chrysler's bankruptcy plan
•
Singapore shares close 0.38% lower
•
British car output plunges 51% in March
•
Obama vows end to abusive credit card practices
•
Hynix reports sixth straight quarterly loss
•
What The Boss Makes
•
US Federal Reserve denies pressuring Bank of America
•
SKorea avoids recession with 0.1% economic growth in Q1
•
Amazon net profit up, Kindle sales praised
•
Japan central banker says US must fix system
•
American Express to cut costs further after profit drop
•
Oil prices stage modest gains on weaker dollar
•
Dollar hit by weak housing, jobless data
•
Sweet Apple results ease Wall Street angst
•
US pressured Bank of America to buy Merrill, according to probe
23 Apr 2009
•
US home sales drop 3% in March
•
KDDI falls into loss in Q4 as handset sales slump
•
iPhone helps AT&T beat expectations
•
Japan's Nomura to log US$7.1 b net loss
•
Genetic research: Time for a rethink?
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eBay net profit down 22%
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Dollar hit by angst on banking system 'stress tests'
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Oil mixed as markets mull inventories, outlook
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Wall Street stumbles as bank fears resurface
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Britain hits top earners with 50% income tax
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Taiwan unemployment hits record 5.81%
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Singapore named best seaport in Asia for 21st time
22 Apr 2009
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Britain expects surprise return to growth in 2009
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Morgan Stanley swings to Q1 loss of US$177m
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Barclays Wealth sees increasing chance of economic recovery by year-end
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Keppel Land registers 38.8% on-year drop in Q1 earnings
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IMF forecasts eurozone economy to contract 4.2%
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IMF says global economy to contract 1.3% in 2009
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IMF sees no US growth through 2010
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Top executive at US mortgage giant possibly killed himself
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Asian markets down as dealers await corporate results
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Singapore shares close 2.32% lower
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Japan to inject funds into ailing companies
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Analysts say hopes of a quick turnaround in property market fizzling out
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Japan logs first annual trade deficit since 1980 as exports dive
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New York Times Co. posts US$5m loss
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Banks help Wall Street rebound from bruising session
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Oil prices mixed ahead of US reserves data
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Germany mulls plan for 'bad banks'
21 Apr 2009
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IMF says global financial crisis to cost US$4 trillion
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Asian stocks fall on banking fears
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Singapore not preparing for 'green shoots' recovery
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Asian stocks slide on bank worries
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Australia likely in recession, says central bank chief
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Robust profits mask problems in bank sector
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Japanese stocks down 3.06% in morning trade
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Colombia seeks US$10.4b credit line, says IMF
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US dollar, yen gain as traders seek safety from financial crisis
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Software giant Oracle buys Java whiz Sun
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Oil prices dive as economic fears mount
20 Apr 2009
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Bank of America profits roar, on back of Merrill Lynch
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Customer satisfaction falls in S'pore; still lacking in after sales service
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China's sovereign wealth fund may invest in Europe
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Businesses see US economy's decline easing
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Worst over for Britain but no growth until 2010, says forecast
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Singapore shares kick off the week negative
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Global agreement near to tackle food speculators
19 Apr 2009
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Obama planning crack down on credit card abuses
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Concerns of fresh graduates dominate dialogue with Manpower Minister
18 Apr 2009
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Tour package prices down by 15% with more economy offers
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Labour Movement U Care fund crosses S$10m mark
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Eurozone interest rates won't go down to zero, says ECB chief
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Oil prices post small gains on positive US earnings
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Dollar buoyed by strong US results, eurozone fears
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Oil prices stage slight rebound
17 Apr 2009
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A-REIT posts 12.6% increase in distributable income
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Analysts say plans for ASEAN integration have suffered a setback
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Sony Ericsson to cut 2,000 jobs after losses
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UK economist says worst of recession may be over
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Google profit up but revenue drops for first time
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Singapore shares up 1.59% in morning trade
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Big US mall operator files for bankruptcy
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Google profit up but first quarterly revenue drop
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Wall Street gains on JPMorgan profits, jobless claims data
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Oil prices rise in tandem with Wall Street
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Retrenched Thai workers struggle to make ends meet
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US sees surprise drop in weekly jobless claims
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IMF sees 'sluggish' recovery from global recession
16 Apr 2009
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JPMorgan announces Q1 profit of US$2.1b
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Brazil's booming oil & gas sector attracts Singapore firms
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Slump delays new Canon plant for a second time
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China not manipulating undervalued currency, says US
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Japanese firms in talks on microchip merger
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Singapore shares 2.08% higher in morning trade
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US stocks stage late rally despite weak data
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Oil prices slip as US crude stocks strike 18-year high
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US economy remains weak, says Fed Beige Book
15 Apr 2009
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US industrial output falls to 10-year low
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Neptune Orient Lines to up cost-saving measures
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Asian markets mixed as Wall Street casts shadow
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Venture to help US newspapers make money on Web
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Yahoo! preparing new round of layoffs
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February retail sales down 5.7% on-year despite bounce in car sales
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Australia's economic activity lowest since 1982
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Singapore shares slip 2.06% in early trade
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Intel CEO says PC sales "bottomed out"
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A night in Singapore for just US$1
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US dollar gains on safe-haven status after weak data
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Oil prices fall on US retail sector, demand concerns
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'Glimmers of hope' for US economy, says Obama
14 Apr 2009
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Fed chief says US recession easing, financial stability needed
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Han's Cafe & Cake House plans expansion despite downturn
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Asian firms urged to diversify away from bank loans to lower funding risk
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Japan's Sumitomo Metal eyes India venture, says report
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GM bankruptcy unlikely to be swift or simple
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Is the choke-hold on the global economy easing?
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Michelin to shut US factory, cutting 1,000 jobs
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Euro leaps ahead of US banking results flurry
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US stocks mixed on profit-taking
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Goldman Sachs posts US$1.81b profit for first quarter
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Oil prices slip after IEA downgrades global demand
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S&P upgrades Ford credit ratings after debt restructuring
13 Apr 2009
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General Motors stock skids on bankruptcy reports
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Asian markets up as dealers remain confident
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Singapore Press Holdings says Q2 profit fell 12.6%
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Market confident in strength of DBS management in wake of CEO's passing
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Singapore shares close 2.64% higher
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Govt won't intervene as loans still available to property developers
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US dollar moves narrowly amid holiday lull
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China eyes new stimulus to boost spending
11 Apr 2009
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IMF, Turkey to meet soon over loan deal
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US budget deficit hits nearly US$1 trillion
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Japan PM launches stimulus with eye on election
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Observers expect greater presence by China as world deals with recession
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Asian leaders hope to finalise crisis fund by May
10 Apr 2009
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Mounting pressure on governments to support local economy, but protectionism unlikely
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Taiwan passes US$4.41b stimulus plan
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General Motors eyes possible bankruptcy, says report
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US trade deficit plunge may ease economic slide
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South Korean economy to shrink 2.4% this year
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US stocks jump on Wells Fargo's record profit outlook
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Wells Fargo sees 'record' US$3b profit in Q1
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Oil prices soar on Wall Street equities rally
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Bank of England holds rates, promises more cash
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India's ship breaking industry thrives during recession
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ASEAN agrees on contributions to emergency fund
09 Apr 2009
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US trade deficit hits surprise nine-year low
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Aso pledges two million new jobs in three years
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World stocks win back ground before Easter break
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Australian jobless rate hits 5.7% in March
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Japan's ruling party approve US$154b stimulus plan
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De Beers prepares for turnover to halve
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Japan's machinery orders up 1.4% on-month in Feb
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Euro, US dollar steady as investors pause ahead of holidays
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Microsoft ordered to pay US$388m to Uniloc in patent case
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US stocks break two-day losing streak
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Oil prices recover slightly after US energy report
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US economy to expand 'slowly' next year, says Fed minutes
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Worldwide semiconductor revenue falls 5.4% in 2008
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SingTel wins top spot in recent Governance and Transparency Index
08 Apr 2009
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Global activity for IPOs likely to recover in 2-3 years
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World stock markets slide further
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Singapore shares close 1.02% lower
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Report says Japan eyeing new stimulus spending of US$150b
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Japan's Sharp sees deeper net loss
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Australian consumer confidence surges
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Asia stock markets down after Wall St tumble
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Oil prices dive in Asian trade
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Japan's current account surplus plunges in February
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US dollar and yen gain on market routs, eurozone recession
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US aluminium giant Alcoa suffers US$497m loss
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Oil prices sink again on worries about demand
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US consumer credit shows surprise drop
07 Apr 2009
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Hopes for recession turnaround take a hit
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Asian markets follow Wall Street lower
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Singapore shares close down 2.47%
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S'pore expected to devalue currency when MAS meets next week
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US stocks fall on banking sector concerns
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Oil prices slide in line with stock markets
06 Apr 2009
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US automaker Ford slashes debt by US$9.9b
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Asian markets extend rally on economic optimism
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First UNIQLO S'pore outlet to open on Thurs
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Singapore shares close up 1.50%
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G20 host Brown pins political hopes to summit
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Oil prices rise above US$53 in Asian trade
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Singapore shares kick off the week positive
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IBM, Sun merger talks in trouble, according to report
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Treasury Secretary Geithner says US ready to force out bankers