SINGAPORE – Global consulting firm McKinsey & Company on Friday (Nov 19) launched a sustainability innovation hub for Asia, headquartered in Singapore. The hub, named Vivid, aims to help governments and
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Banking, investment chiefs say high inflation levels no longer transitory
SINGAPORE – Higher inflation is expected over the next few years as the world emerges from the Covid-19 pandemic, according to senior bankers at a forum in Singapore on Wednesday
Biden says will announce Fed chair pick in 'about four days'
WASHINGTON (BLOOMBERG) – United States President Joe Biden told reporters on Tuesday (Nov 16) to expect him to announce a nominee for Federal Reserve chair in “the next four days”.
A 28-year-old aims to build a giant solar farm in Asia
SINGAPORE (BLOOMBERG) – The Ivy League-educated son of a prominent Philippine congressman wants to build the largest solar power plant in South-east Asia using proceeds from an initial public offering
Thai economy shrinks less than expected in Q3, outlook raised as tourism revival eyed
BANGKOK (REUTERS) – Thailand’s economy contracted less than expected in the third quarter as businesses started a slow recovery from the coronavirus-driven slump in activity, while the reopening of the
US workers quitting reaches record high, job openings edge down in September
NEW YORK (REUTERS) – The number of Americans voluntarily quitting their jobs rose to a record high in September while job openings stayed stubbornly above pre-pandemic levels, a sign that
Siemens launches revamped advanced manufacturing centre to support SMEs, train talent
SINGAPORE – Siemens has opened its doors to small and medium-sized enterprises (SMEs) in Singapore and beyond to help them upgrade their capabilities and develop new or improved products and
Internet economy investments in South-east Asia at all-time high in 2021
SINGAPORE – Investments in South-east Asia’s (SEA) internet economy hit an all-time high this year amid the Covid-19 pandemic. An internet economy research report by Google, Temasek and Bain &
China trade surplus can cushion but not stop slowdown
BEIJING (BLOOMBERG) – China’s record trade surplus is cushioning the economy from weakening domestic demand and giving policy makers room to delay stimulus. But it won’t be enough to keep
UPDATE 1-S.Korea to buy back 2 trln won of treasury bonds as yields surge
* Yields on three-year KTB have surged to 3-year high * Finmin vows to coordinate with cenbank to stabilise markets (Adds details, comments) SEOUL, Nov 2 (Reuters) – South Korea’s