Posts Tagged ‘ ECONOMY ’

Gold rises to 8-week high, firm euro supports

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SINGAPORE (Reuters) – Gold extended gains on Thursday, rising to its highest level in nearly two months, as the euro firmed on upbeat global manufacturing data and expectations that a Greek debt deal to avoid a messy default was close at hand. Investors are now eyeing the release of U.S. weekly jobless claims data...

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Singapore Airlines profit plunges 53 per cent in fourth quarter amid slowing global economy

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By Alex Kennedy, The Associated Press SINGAPORE – Singapore Airlines Ltd. said Thursday that quarterly profit plunged 53 per cent as passenger demand slowed while higher fuel prices sent costs up. Net … (more…) Related items Singapore Airlines 4Q profit plunges 53 percent China says its military no threat to peace in Asia Asia...

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Singapore Shares End Flat; STI Pares Gains Late In Session

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Singapore shares ended flat Thursday, bucking the trend across the region where markets took Wall Street's positive session and signs of a stabilising global economy as a cue to buy. (more…) Related items Singapore Shares End Lower; Old Worries Return To Hamper Bull Run Singapore Shares End Higher On Optimism Over U.S., Europe Singapore...

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Research and Markets: Singapore is the Emerging Global Capital of the Wealth Sector: the Future of HNWIs to 2015

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Research and Markets has announced the addition of the "Singapore – The Future of HNWIs to 2015: Emerging Globa (more…) Related items Singapore Airlines profit plunges 53 per cent in fourth quarter amid slowing global economy Singapore becoming ‘less attractive’ for expats Singapore Stocks-Cautious start seen; SingTel in focus Singapore Hot Stocks-Hongkong Land surges...

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Singapore Airlines 4Q profit plunges 53 percent

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Singapore Airlines Ltd. said Thursday that quarterly profit plunged 53 percent as passenger demand slowed while higher fuel prices sent costs up. (more…) Related items Singapore Airlines profit plunges 53 per cent in fourth quarter amid slowing global economy Singapore Airlines 2Q profit plunges 82 percent Singapore Airlines launches A380 flights Singapore Airlines marks...

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Myanmar Taps Singapore Expertise To Modernize Its Economy; Deal Signed

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SINGAPORE (AFP) – Myanmar has signed an agreement with Singapore seeking the financial center's help as the country emerges from political and economic isolation after decades of military rule. President Thein Sein arrived Sunday for a four-day state visit to the city-state accompanied by a top-level delegation which included business leaders and top ministers...

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Singapore’s jobless rate held near three-year low last quarter

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Singapore’s unemployment rate held near a three-year low last quarter after companies in the services and construction industries added jobs in 2011, reported Bloomberg.   The seasonally adjusted unemployment rate was 2% in the three months through December, the Ministry of Manpower said in a statement today, citing preliminary data. That compares with the...

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Singapore Unemployment Rate Held at 2% Last Quarter on Construction Boost

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Singapore’s unemployment rate held near a three-year low last quarter after companies in the services and construction industries added jobs in 2011. (more…) Related items Singapore Economy Shrank Last Quarter as Manufacturing Eased Singapore’s Jobless Rate Falls as Companies Increase Payrolls Singapore Employers Added More Jobs Last Quarter Than Initially Estimated Singapore GDP Probably...

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Singapore Shares End Lower; Old Worries Return To Hamper Bull Run

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Singapore shares closed lower Monday, tracking weak regional markets following some disappointing U.S. data Friday and signs of tension among European leaders over debt-stricken Greece. (more…) Related items Singapore Shares End Flat; STI Pares Gains Late In Session Singapore shares end down 2% Jun 6: Singapore stocks may open lower; Olam, Keppel Corp in...

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Analysis: Fed-watching gives Asian central banks cause to pause

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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...

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Singapore to help emerging Myanmar train its workers

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SINGAPORE (Reuters) – Singapore is to help Myanmar train people in areas such as economic planning and urban development, Singapore said on Monday, as long-isolated Myanmar emerges from decades of isolation and strict military rule. Myanmar President Thein Sein, in Singapore on a three-day visit that began on Sunday, has overseen a dramatic reform...

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Myanmar taps Singapore expertise to modernise economy

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Myanmar Monday signed an agreement with Singapore seeking the financial centre's help as the country emerges from political and economic isolation after decades of military rule. (read more here…) Related items Myanmar taps Singaporean expertise Singapore Stocks-Set to open lower on US jobs; SGX in focus Philippines, Singapore off US trafficking watchlist :: 27,...

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