U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.
Deputy Prime Minister Heng Swee Keat has reiterated that Singapore is not at the stage where extraordinary measures are needed, even as the country’s economy narrowly avoided a technical recession in the third quarter of this year.
BEIJING: Singapore and China have discussed new initiatives to further bilateral cooperation, especially in financial connectivity. This comes as Singapore Deputy Prime Minister Heng Swee Keat met Chinese Vice Premier Liu He on Thursday (Oct 17) in Beijing. In a Facebook post, Mr Heng said ...
Wall Street was set for a higher open on Thursday, after Britain struck a preliminary last-minute deal with the European Union helping to ease some geopolitical jitters, while upbeat earnings from Netflix and Morgan Stanley affirmed a strong start to the reporting season.
Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.
BEIJING:China said Thursday (Oct 17) that its negotiators have "accelerated efforts" to hammer out the details of a partial deal with the United States, as the two sides edge towards an agreement in a lingering trade war. The initial deal was announced on Friday by US President Donald Trump...
The Universal Studios amusement park under construction in Beijing will admit visitors without a ticket - thanks to cameras that will scan their faces to determine if they've paid for entry.
SINGAPORE: Singapore Press Holdings (SPH), which on Thursday (Oct 17) posted a 23 per cent fall in full-year net profit, announced it will cut 5 per cent of jobs in its media division as it seeks to restructure and streamline its operations. The retrenchment exercise is expected to be...
Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others' aircraft, with a planned startup in mid-2020, Norwegian said in a statement on Thursday.
