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Brexit
Brexit
Theresa May seeks snap UK election to get Brexit backing
LONDON (April 18): U.K. Prime Minister Theresa May said she will seek an early election on June 8, in an unexpected gamble aimed at strengthening her hand going into talks on leaving the European Union.
April 18, 2017
Populist policies could lead to stagflation, says Schroders’ chief economist
SINGAPORE (April 18): Schroders’ Chief Economist & Strategist Keith Wade says populist policies to restrict trade and migration are likely to lead to stagflation which could impact Asia and the emerging markets (EM).
April 18, 2017
Brexit
EU won’t back trade deal If Britain chooses ‘Singapore-on-Thames’
GENEVA (April 13): European Union states are unlikely to ratify a post-Brexit trade deal with the British government should the UK seek to recast itself as a regulation-light “Singapore-on-Thames,” according to the EU’s ambassador to the World Trad
April 13, 2017
Brexit
4 bumps the UK will have to face now that May has triggered Article 50
SINGAPORE (March 29): Even with the official commencement of the Brexit process – as finalised by Prime Minister Theresa May’s signature on the letter to trigger Article 50 of the EU’s Lisbon Treaty today – Bank of Singapore’s (BoS) chief econom
March 29, 2017
Brexit
Britain heads into unknown as May signs Brexit trigger
LONDON (March 29): The UK will start the clock on two years of negotiations to withdraw from the European Union on Wednesday, a divorce that will redefine the country’s relationship with its largest trading partner and bring to an end decades of deepeni
March 29, 2017
UK spies knew London terrorist’s record of crime and extremism
LONDON (March 24): The terrorist behind the worst attack on London in more than a decade had a string of convictions for violence and was once investigated by British intelligence over concerns he was turning to extremism.
March 24, 2017
Brexit
Goldman, Morgan Stanley signal London job moves ahead of Brexit
LONDON/NEW YORK (March 22): Senior Goldman Sachs Group Inc. and Morgan Stanley executives said they’re preparing to shift staff and operations from London to elsewhere in the European Union as Prime Minister Theresa May sets up the UK’s exit from
March 22, 2017
Global Economy
These economies are seen improving dramatically this year
NEW YORK/WASHINGTON(MARCH 21): Expect more good news than bad when it comes to global growth this year, led by recoveries in several of Latin America’s largest economies, a pickup in the US, and continued robustness from China and India.
March 21, 2017
Global Markets
Li Ka-Shing firms cleared to pursue US$5.6 bil Duet bid
HONG KONG (March 15): Billionaire Li Ka-shing won the approval of his shareholders to pursue the purchase of Australian power provider Duet Group, paving the way for the Hong Kong tycoon to diversify away from his reliance on Europe.
March 15, 2017
Brexit
Japanese banks seek new home after Brexit
TOKYO (March 15): As Frankfurt, Paris and Dublin vie for financial jobs that may move from London after Brexit, two of Japan’s biggest banks have been quietly building their presence elsewhere: Amsterdam.
March 15, 2017