The World Bank report, ‘Doing Business 2012’, the ninth in an annual series, ranks 183 economies on their ease of doing business, and reports a general improvement in the global business regulatory environment. (read on…) Related items Singapore Stocks-Up by midday as Europe offsets US data Singapore Stocks-Higher by midday led by banks Singapore...
Qatar has the third highest density of millionaires in the world after Singapore and Switzerland, with 8.9% of households having $1mn or more in assets to management, Doha Bank said in a report. (read on…) Related items Singapore Tops 'Doing Business' Index SINGAPORE: Index ends slightly lower SINGAPORE: Market hits 2-month high Business :...
THE Philippines’ ranking in ease of doing business fell two notches mainly because of lack of regulatory reforms, according to a report issued by the World Bank and its private-sector investment arm, the International Finance Corp. (IFC). (read on…) Related items Doing business difficult in Philippines, study says Research and Markets: Software in Singapore...
THE Straits Times Index dropped 0.96 per cent, or 27.97 points, to 2,888.29 at the close of trading. Beverage distributor Fraser and Neave gained 1.32 per cent to S$6.89 while United Overseas Bank lost 1.15 per cent to end at S$17.20. CapitaLand dropped 1.5 per cent to S$2.61 while Neptune Orient Lines fell 3...
SINGAPORE (Reuters) – Asia's central bankers have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer. Indonesia, Thailand, Australia and the Philippines have all cut interest rates at least once in the past three months to try to shore up economic growth, and...
* Euro off 6-week highs vs USD after 3% jump last week * AUD down 0.8% as Fitch puts Aussie banks on negative watch * Greece seen near deal on debt swap with creditors (Adds Fitch, updates prices) TOKYO, … (read on…) Related items FOREX-Euro off recent peaks on profit-taking; Greece talks eyed Asia...
SINGAPORE & MANAMA, Bahrain–(BUSINESS WIRE)–The Islamic Bank of Asia (IB Asia) today announced two key senior appointments to drive the bank’s focus on investment banking and establish greater connectivity between the Middle East and Asia. (read the story…) Related items Maybank unit considered buying MF Global Asia Singapore Inc.’s Bank Bet Losses Pile Up...
MUMBAI (Reuters) – The BSE Sensex climbed on Friday, led by ICICI Bank (ICBK.NS) and software services exporter Wipro (WIPR.NS), on expectations for improving outlook for the domestic and world economy … (more ipo news…) Related items BSE Sensex rises 0.6 pct; Wipro, Axis Bank rally BSE down by 96.80 points at 15,873.95 Sensex...
By Kaustubh Kulkarni MUMBAI (Reuters) – The BSE Sensex rose 0.57 percent on Friday to its highest close in six weeks, as appetite was bolstered by strong results from software services exporter Wipro (WIPR.NS) … (more ipo news…) Related items BSE Sensex rises; Wipro, ICICI Bank rally BSE down by 96.80 points at 15,873.95...
SINGAPORE, Jan 20 (Reuters) – Singapore shares are setto rise on Friday following gains on Wall Street overnight asencouraging earnings from U.S. banks and a drop in joblessclaims boosted confidence. Singapore's third largest property developer, Keppel LandLtd, may be in focus after it said its fourth-quarternet profit soared 47 percent to $914.3 million, boosted...
SINGAPORE (Reuters) – Asia's economic growth will get worse before it gets better, with China and India seen expanding this year at their slowest pace since the tail-end of the global financial crisis in 2009, prompting central banks to remain accommodative, a Reuters poll showed on Thursday. Surveys of more than 250 economists across...
SINGAPORE : Finance Minister Tharman Shanmugaratnam has said that not allowing banks to finance Certificate of Entitlement (COE) prices will not be effective in moderating the rise in premiums. (read on…) Related items New phase in govt’s commitment to inclusive growth: Tharman Singapore adapts to sea level rise brought by climate change Singapore's financial...
