Category: NEWS

(Bloomberg) - United Overseas Bank Ltd. is betting Southeast Asia will shield it from the escalating trade war between the U.S. and China, distancing itself from the approach of its two main rivals ... ( read original story ...)

(Bloomberg) -- Singapore made the U.S. Treasury’s watchlist for currency manipulation for the first time, throwing a spotlight on its exchange rate policies. Load Error The U.S. uses three criteria to ... ( read original story ...)

SINGAPORE, May 29 (Reuters) - The Monetary Authority of Singapore said on Wednesday it does not manipulate its currency for export advantage, after the U.S. Treasury flagged the city-state as one of ... ( read original story ...)

(Bloomberg) -- The U.S. Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny. Singapore made the list because ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggest lender by assets sharpening its focus on ... ( read original story ...)

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore leapfrogged Hong Kong and the U.S. to take the top spot among the world’s most competitive economies for ... ( read original story ...)

Vietnam’s economy could be bigger than Singapore’s by 2029, says DBS Bank Ltd. The Southeast Asian nation has the potential to grow at a pace of about 6%-6.5% over the next decade, DBS forecasts, ... ( read original story ...)

Ravi Menon will remain in his post as managing director of Singapore’s central bank for another term, according to people with knowledge of the matter. Menon’s two-year term at the Monetary Authority ... ( read original story ...)

(Bloomberg) -- Ravi Menon’s term as managing director of the Monetary Authority of Singapore was extended for another two years, providing stability at the central bank at a time of growing economic ... ( read original story ...)

(Bloomberg) -- Trax, a Singapore-based startup serving the retail industry, is finalizing a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it ... ( read original story ...)

(Bloomberg) -- Trax, a Singapore-based startup serving the retail industry, is finalizing a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it ... ( read original story ...)

SINGAPORE, May 24 (Reuters) - San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out its tech scene. ... ( read original story ...)

SINGAPORE, May 24 (Reuters) - Singapore’s industrial production unexpectedly grew in April, helped by higher pharmaceutical manufacturing, data showed on Friday. Manufacturing output in April rose 0.1 ... ( read original story ...)

Toiling for long hours for meagre salaries and living in crowded dormitories, migrant construction workers have helped build modern-day Singapore but remain all but invisible to many in the affluent ... ( read original story ...)

* Singapore hits lowest closing level since March 25 * Thai customs-cleared trade data due Wednesday * Vietnam snaps 7 straight sessions of gains By Niyati Shetty May 21 (Reuters) - Indonesian ... ( read original story ...)

SINGAPORE, May 21 (Reuters) - Singapore and Malaysia have agreed to suspend the construction of a billion-dollar train project linking the wealthy city-state with its neighbour’s southern state of ... ( read original story ...)