News

Fri, 20 Oct 2017 07:12:45 GMT

Singapore's CPI expected rising 0.4% in September

According to polls, the consumer price index of Singapore is seen to have risen 0.4% in September at the equal pace as the prior month from 2016 amid higher petrol prices.

Fri, 20 Oct 2017 06:30:23 GMT

Certification firm launches Kobe Steel plant inspection

On Friday, the embattled steelmaker Kobe Steel stated that a standards certification firm had launched inspection of one of the company's plants to see whether it complies with industrial standards.

Fri, 20 Oct 2017 06:24:19 GMT

Singapore PM ready to quit in couple of months

Singapore's Prime Minister Lee Hsien Loong stated that he was ready to leave his post in a few months; however, his successor had not been picked yet.

Fri, 20 Oct 2017 05:08:36 GMT

Trump to nominate Washington antitrust attorney to lead FTC

The White House announced that the US President Donald Trump was set to nominate Joseph Simons, the Washington antitrust attorney, to head the Federal Trade Commission.

Fri, 20 Oct 2017 05:07:52 GMT

Singapore Airlines to close $13.8B Boeing deal next week

On Friday, Singapore Airlines said the company was ready to finalise the order of 39 Boeing planes worth $13.8B as soon as next week.

Fri, 20 Oct 2017 04:19:03 GMT

US Democrats fail to bar Arctic Refuge oil drilling

Late on Thursday, the US Democrats failed to forbid oil and gas drilling in the Arctic National Wildlife Reserve, northeastern Alaska.

Fri, 20 Oct 2017 04:18:03 GMT

Japanese Emperor to renounce throne in March 2019

According to the Asahi newspaper, the Japanese Emperor Akihito will most probably renounce the throne in March 2019, the first abdication in almost 200 years.

Fri, 20 Oct 2017 02:57:18 GMT

Merkel expects EU, UK to reach good result on Brexit

German Chancellor Angela Merkel stated that she was sure that Britain and the European Union are likely to achieve a good Brexit result after Theresa May appealed to move the negotiations forward.

Fri, 20 Oct 2017 02:56:28 GMT

PayPal reports higher-than-expected profit for Q3

PayPal Holdings announced that the company's third-quarter profit topped forecasts due to sharp increase in mobile payments, allowing to lift full-year adjusted earnings expectations.

Fri, 20 Oct 2017 02:10:20 GMT

Fed chair interviews concluded, Trump to decide next week

The US President Donald Trump completed to interview five candidates he was considering to appoint as the Fed chair and is set to announce his decision next week.

Fri, 20 Oct 2017 02:09:24 GMT

Whirlpool seeks 50% duties on Samsung, LG washers in US trade case

Whirlpool asked the US trade panel to recommend 50% import duties on residential washing machines to ensure that rivals Samsung and LG follow plans to shift production in the US.

Thu, 19 Oct 2017 19:51:40 GMT

US lawmakers introduce legislation on political advertising in social media

US lawmakers, worried about hackers' use of the Internet to influence the US elections, introduced legislation to extend the rules that apply to political advertising on television and radio to social media, including Facebook and Twitter.

Thu, 19 Oct 2017 19:51:19 GMT

Trump meets Yellen in Fed Chair search

The US President Donald Trump met with the Fed Chair Janet Yellen as he considers whether to reappoint Yellen for the second term.

Thu, 19 Oct 2017 19:02:59 GMT

Conservative Republican mounts campaign against Yellen's second term

A member of the US House of Representatives' Freedom Caucus tries to kill any chance of a second term for the Fed Chair Janet Yellen.  

Thu, 19 Oct 2017 18:58:49 GMT

US Ambassador to UN describes Russia's interference to US elections as warfare

The US Ambassador to the UN Nikki Haley said that Russian interference with help of cyber-enebaled means in the US elections was a warfare.

Thu, 19 Oct 2017 18:11:27 GMT

EU urges UK's May to do more

The EU leaders urged the UK Prime Minister Theresa May to do more to break the deadlock in the Brexit talks as they meet at a summit in Brussels.

Thu, 19 Oct 2017 18:04:09 GMT

UN chief to meet Trump

The UN Secretary-General Antonio Guterres will meet the US President Donald Trump to possibly discuss the UN reform, after the Trump administration announced withdrawal from the Paris Agreement on climate change and UNESCO. 

Thu, 19 Oct 2017 17:20:36 GMT

Macron's lawmaker studies consequences of abolishing wealth tax

Joel Giraud, a lawmaker from the French President Emmanuel Macron's party responsible for steering the 2018 budget bill through the lower house, looked into details of how the richest 1% would benefit from abolishing a wealth tax.

Thu, 19 Oct 2017 17:15:20 GMT

EU to discuss protection of journalists and media freedom

The European Parliament is set to discuss the protection of journalists and media freedom in Malta next week. The EU leaders call for a thorough investigation into a murder of the Maltese best-known investigative reporter.   

Thu, 19 Oct 2017 16:12:55 GMT

CB Leading Index for US dips 0.2% last month

The Conference Board reported on Thursday its Leading Economic Index for the United States dropped 0.2% over the course of September.

Thu, 19 Oct 2017 16:12:39 GMT

Philly Fed Manufacturing Index improves in October

The Federal Reserve Bank of Philadelphia's Manufacturing Index surged in October, jumping to 27.9 points from the 23.8-point reading registered in the preceding month.

Thu, 19 Oct 2017 14:57:44 GMT

Swiss September trade surplus widens to CHF 2.92B

According to the Swiss Federal Statistical Office, the country's trade surplus managed to widen from CHF 2.20B to CHF 2.92B over the course of the prior month.

Thu, 19 Oct 2017 14:57:27 GMT

UK retail sales drop 0.8% in September

The Office for National Statistics reported on Thursday that retail sales in the United Kingdom were down 0.8% over the month of September.

Thu, 19 Oct 2017 14:21:10 GMT

Apple shares fall amid iPhone 8 low demand

Shares in Apple dropped 1.5% on Thursday amid traders and brokers speculations over low demand and production cuts of the new iPhone 8, right ahead of the iPhone X launch in November.

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