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Global Economy
Yellen says Fed's focus has shifted to holding growth gains
WASHINGTON (April 11): Federal Reserve Chair Janet Yellen said the US central bank’s task has shifted from a post-crisis exercise of healing the economy to one aimed at holding on to progress made.
April 11, 2017
Global Economy
In Japan, zero public companies went bust in 2016
TOKYO (April 5): Corporate Japan achieved a rare feat in the fiscal year that ended last week. Not one of its almost 4,000 publicly-traded firms filed for bankruptcy protection.
April 05, 2017
Why an economic-centric focus for Budget 2017 is in order
SINGAPORE (Feb 8): UOB is forecasting an overall budget surplus of $6.7 billion for FY16 -- 0.9% higher than the Singapore government’s estimate of $3.4 billion -- on expectations of higher contributions from corporate and personal income taxes; motor v
February 08, 2017
Singapore registers lowest labour force growth in 2016 in over a decade as layoffs continue to rise
SINGAPORE (Jan 26): Preliminary estimates from the Ministry of Manpower’s (MOM’s) latest Labour Market Advance Release have indicated that 2016 was once again a year of increased layoffs and redundancies among Singapore’s residents and citizens as t
January 26, 2017
Singapore's workers have it easier than they might think
SINGAPORE (Jan 23): Job cuts in Singapore may be at the highest since 2009, but official data shows workers still have it easier than most.
January 23, 2017
US Economy
Fed officials see gradual rate hikes as upside risks debated
WASHINGTON (Jan 5): Federal Reserve officials focused on the impact of potential fiscal stimulus during their December policy meeting, with many starting to worry that the central bank might eventually be forced to quicken the pace of interest-rate increa
January 05, 2017
9 in 10 Singapore companies paid out retrenchment benefits in 2015
SINGAPORE (Dec 29): The proportion of establishments in Singapore giving out retrenchment benefits remains high, says the Ministry of Manpower (MOM) based on the results of its Retrenchment Benefits Survey covering retrenchments conducted in 2015.
December 29, 2016
Broker's Calls
3 developer stocks to snap up as Singapore property sales awaken
SINGAPORE (Nov 17): DBS Group Research is maintaining its view that the Singapore property market remains on a “modest correction path” while highlighting that developers trading at 0.75x P/NAV still remain attractive.
November 17, 2016
Forex
Will MAS change course this October?
SINGAPORE (Sept 22): HSBC Global Research says the Monetary Authority of Singapore (MAS) is unlikely to change its policy during its review in October, despite the deteriorating numbers in non-oil domestic exports (NODX), intellectual property, retail sal
September 22, 2016
Hanjin brings one of world's busiest shipping terminals close to standstill
(Sept 14): The Hanjin Shipping Co. terminal at South Korea’s largest port used to be one of the world’s busiest. Dozens of container carriers would line up to ferry boxes to and from the giant cranes that loaded and unloaded the world’s biggest ship
September 14, 2016