Markets

Thailand's manufacturing production index (MPI) in April rose for a second straight month and at the fastest pace in more than eight years, partially due to coming off a low base last year, the industry ministry said on Monday.

KUALA LUMPUR: Malaysia's government said on Monday that the World Trade Organisation (WTO) agreed to a request from Kuala Lumpur to establish a panel examining a European Union law that restricts the use of palm oil-based biofuels. Under the EU's renewable energy directive, palm oil-based ...

HANOI: Vietnam's steel maker Hoa Phat said on Monday it has acquired the Roper Valley iron ore mine project in Australia, marking the company's first step to secure its own supplies in the world's biggest iron ore producer. The project is estimated to have 320 million tonnes of reserves,...

Japan's consumer confidence slid slightly in May, the government said on Monday, amid prolonged lockdown measures to curb coronavirus infections.

China's factory activity expanded at a slightly slower-than-expected pace in May, as surging raw material prices weighed on industrial production.

SINGAPORE: The Inland Revenue Authority of Singapore (IRAS) on Monday (May 31) said that it has denied S$32 million in Jobs Support Scheme (JSS) and Jobs Growth Incentive (JGI) payouts to 1,300 employers for March. Ten cases of suspected JSS abuses have also been referred to the police for...

SINGAPORE: A COVID-19 grant to help workers and self-employed people who are experiencing income loss through the Phase 2 (Heightened Alert) period will open for application on Thursday (Jun 3). Eligible individuals placed on involuntary no-pay leave for at least a month between May 16 and Jun 30 ......

Intel Corp's CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

BANK lending inched up 0.1 per cent in April on higher consumer loans, data from the Monetary Authority of Singapore (MAS) showed on Monday.

SINGAPORE: GIC will open a new office in Sydney next year to focus on investment opportunities in Australia, Singapore's sovereign wealth fund said on Monday (May 31). GIC CEO Lim Chow Kiat said the fund is confident in the long-term growth of the Australian market and believes having a...