Brent oil blew past US$65 ($86.37) a barrel as a cold blast that’s taken out almost 40% of US crude production morphed into a global supply shock. Futures in London jumped as much as 1.8% at the open after closing at the highest in almost 13 months. The global crude benchmark last traded abov...

BlackRock Inc CEO Larry Fink said Joe Biden’s victory in the US presidential election should encourage investors, who want stability and an easing of geopolitical tensions. “They’re looking for a voice that moderates, not a voice that incites,” Fink said at a Bloomberg New Economy Forum even...

Investors may remain in cash more than expected as safe-haven assets seen as traditional hedges aren’t panning out, according to JPMorgan Chase & Co. Above-average allocations to cash may be an unintended consequence of easy-money policies, with cyclical assets seen as too difficult to hedge i...

The global economy will not see full recovery until 2022, says Bank of Singapore (BOS) analysts Eli Lee and Conrad Tan, with the bank’s economics team predicting a base case of an incomplete 4.4% growth rebound in 2021.  Investors, meanwhile, should fasten their seatbelts as markets reach a c...

SINGAPORE (June 3): The renewable energy sector is expected to “bounce back quickly” despite the global slowdown caused by Covid-19. This is due to the sector being a potentially safer-haven for long-term investments, according to the 55th EY Renewable Energy Country Attractiveness Index (RECAI)...

COURAGE Investment, a Hong Kong-based dry bulk shipping services operator, expects to record a significant decrease in net profit for fiscal 2019 due to the recognition of net impairment loss on vessels, it said in a bourse filing on Tuesday night. Compared with FY2018, it ...

JAKARTA: Indonesia has issued regulations to allow authorities to block smartphones purchased on the black market, in a bid to encourage investors to produce mobile phones in the country, a minister said on Friday. Indonesia is a large market for mobile phone producers, with 60 millions phones ...

SINGAPORE (Apr 8): The Monetary Authority of Singapore says that its supervisory reviews to date have not uncovered any impropriety on the part of DBS when performing its roles as both issue manager and distributor of Hyflux perpetual securities in 2016. See: Hyflux rescue bid by SMI falls through ...

SINGAPORE (Apr 8): The Monetary Authority of Singapore says that its supervisory reviews to date have not uncovered any impropriety on the part of DBS when performing its roles as both issue manager and distributor of Hyflux perpetual securities in 2016. See: Hyflux rescue bid by SMI falls through ...

SINGAPORE (Mar 18): The Institute of Chartered Accountants in England and Wales (ICAEW) is expecting Singapore’s GDP growth to moderate to 2.4% in 2019 from 3.2% in the previous year, against the backdrop of a more challenging environment for exports and the manufacturing sector. This is accordin...