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Singapore enhances due diligence guidelines for listings on SGX

Singapore enhances due diligence guidelines for listings on SGX

2016-05-13 12:55

The Association of Banks in Singapore (ABS) announced on Friday that it has raised the standard of its guidelines for due diligence activities.

China to share multinational firms tax information

China to share multinational firms' tax information

2016-05-13 08:45

China signed an agreement on Thursday to share tax information of multinational companies to fight international tax avoidance.

China-Myanmar JV starts building power plant in Myanmars Yangon

China-Myanmar JV starts building power plant in Myanmar's Yangon

2016-05-13 08:28

China-Myanmar JV company laid a cornerstone to start building a 106 megawatt (MW) Thaketa gas-fired combined cycle power plant in Yangon on Thursday.

Impeachment threatens Brazils welfare programs: Rousseff

Impeachment threatens Brazil's welfare programs: Rousseff

2016-05-13 07:08

Dilma Rousseff warned that the impeachment movement threatened key government welfare programs and recently-discovered deep-sea oil deposits.

World economy to grow by just 2.4 percent in 2016: UN

World economy to grow by just 2.4 percent in 2016: UN

2016-05-13 05:00

As world economic growth remains weak, world gross product will grow by just 2.4 percent in 2016, the same pace as in 2015, said a UN report here.

U.S. initial jobless claims jump to 294,000

U.S. initial jobless claims jump to 294,000

2016-05-12 23:31

The number of Americans initially applying for unemployment aid last week rose to the highest level since February 2015, the job market is cooling.

Eurozone industrial production down by 0.8 pct in March

Eurozone industrial production down by 0.8 pct in March

2016-05-12 20:56

Eurostat figures showed that seasonally-adjusted industrial production in the 19- country eurozone fell by 0.8 percent in March on a monthly basis.

Frances consumer prices index up 0.1 pct in April

France's consumer prices index up 0.1 pct in April

2016-05-12 19:58

France's consumer prices index (CPI) inched up by 0.1 percent in April on monthly basis, due to growing services costs.

S. Korea pledges to innovate R D industry to boost economy

S. Korea pledges to innovate R D industry to boost economy

2016-05-12 15:51

South Korea Thursday vowed to innovate the R D sector to overcome the pending crisis situation facing the country's economy.

Albania to take initiatives for development of SMEs

Albania to take initiatives for development of SMEs

2016-05-12 12:58

Milva Ekonomi, Albanian Minister of Economic Development, Tourism, Trade and Entrepreneurship.

SingTels net profit up marginally in Q4

SingTel's net profit up marginally in Q4

2016-05-12 09:20

Singapore Telecommunications Ltd announced its net profit for the fourth quarter has increased to 946 million Singapore dollars.

Portugal places 1.15 billion euros in 10-year bonds

Portugal places 1.15 billion euros in 10-year bonds

2016-05-12 05:49

Portugal placed 1.15 billion euros(1. 31 billion U.S. dollars) in 10-year bonds on Wednesday.

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