International Business Times, Singapore Edition
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Thai baht up for fifth straight week as ministers see better trade, growth numbers

Finance Minister Tantivorawong says the Thai GDP growth rate should increase by 0.4-0.5 percentage points in 2017 on extra government spending of 190 billion baht. Jan 27, 2017

US dollar unchanged despite disappointing GDP, durable goods orders amid stimulus hopes

The US dollar fell across the board on Friday (Jan 27) as data showed the US economy expanded less than expected in the fourth quarter and the durable goods orders continued to fall against expectations of a rise. Jan 27, 2017

Keppel Corp job cuts rise to more than 10,000; 3 Singapore shipyards to be closed

Keppel says 2016 net profit came in at S$784 million, 49 percent lower than the previous year. Jan 27, 2017

TECHNICALS: Singapore dollar's medium term upside seen limited near 1.3600/USD

Fundamental news from the island economy on Thursday (Jan 26) had last year's employment data which was negative for the local currency. Jan 26, 2017

Singapore wealth fund GIC acquires Wall Street tower for $1.48 bln

The 47-storey office tower of 1.6 million sqft is located 60 Wall Street. Jan 25, 2017

Netflix adds 7 million new customers, shares at all time high

The Crown, Gilmore Girls and Black Mirror are the main contents to help Netflix achieve its record breaking success in the global market Jan 20, 2017

Malaysian central bank pledges steps to steady Ringgit after fall below 4.5 against dollar

Bank Negara Governor Muhammad Ibrahim assures there are no plans to bring in capital controls. Jan 14, 2017

Blackstone, Warburg Pincus and Chinese group in fray to take over Global Logistics – Report

Singapore's state investment firm GIC holds 37 percent in the warehouse company in GLP. Jan 13, 2017

Ambition or PR gambit? Alibaba's Jack Ma pledges to become biggest employer in US

The office of the US Trade Representative put Alibaba's electronic sales platform Taobao on a blacklist last month. Jan 11, 2017

McDonald's sells controlling stake in China, Hong Kong business

Offloading of restaurants will help McDonald's go light on operations while keeping a cut of the sales. Jan 9, 2017

Malaysian ringgit, Asia's worst performing currency, to fall further in 2017

Ringgit's fate also depends on how far and how fast the US Federal Reserve increases interest rates. Jan 5, 2017

Falcon Bank manager charged in Singapore over 1MDB money laundering

Swiss national Jens Fred Sturzenegger plans to plead guilty to charges. Jan 5, 2017

Singapore: Inchcape to sack 120 workers amid gloomy economic outlook

It is also reported that the company is likely to move its finance and IT functions out of Singapore Dec 30, 2016

Korean ship builders to be in choppy waters until oil climbs back into $70 levels

Debt pile is the biggest in 20 years and there are doubts if shipbuilders like Daewoo, Samsung and Hyundai will be able to avoid default. Dec 24, 2016

Deutsche Bank to pay $7.2 bln to settle US Justice Department investigation

Deutsche Bank will pay a $3.1 billion in penalty and 4.1 billion in relief to consumers under deal with DoJ. Dec 23, 2016
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