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President Joe Biden on Monday defended his proposal to increase corporate taxes to help pay for a big ramp up in U.S. infrastructure spending, saying he is not at all worried the tax hike would harm the economy.

A measure of US services industry activity surged to a record high in March amid robust growth in new orders, in the latest indication of a roaring economy that is being boosted by increased vaccinations and massive fiscal stimulus.

WASHINGTON: The United States is pushing in the G20 for agreement on a global minimum corporate tax to stem the erosion of government revenues, US Treasury Secretary Janet Yellen said on Monday (Apr 5). Just days after President Joe Biden announced plans to raise corporate taxes to finance a...

SINGAPORE: Despite having worked with his current employer for almost a year, it was Mr Ariff Ab Bakar's first time on Monday (Apr 5) meeting his colleagues - in person.  He joined the company in April last year, just a few days after Singapore’s “circuit breaker” period began, and...

SINGAPORE: About three-quarters of adult Singaporeans have not used their SingapoRediscovers vouchers, which will expire at the end of June. As of Mar 28, more than 760,000 Singaporeans have used the tourism vouchers at least once. About 2.2 million Singaporeans have not redeemed their vouchers ...

The U.S. Supreme Court handed Alphabet Inc's Google a major victory on Monday, ruling that its use of Oracle Corp's software code to build the Android operating system that runs most of the world's smartphones did not violate federal copyright law.

SINGAPORE: Singapore’s factory activity expanded for the ninth consecutive month, data released on Monday (Apr 5) by the Singapore Institute of Purchasing & Materials Management (SIPMM) showed.  The Purchasing Managers' Index (PMI) posted an increase of 0.3 points from the previous month to post a ...

SINGAPORE: The Government is in discussions with several pharmaceutical companies to manufacture vaccines and therapeutics in Singapore, with a US$130 million facility in the pipeline, said Trade and Industry Minister Chan Chun Sing on Monday (Apr 5). "Singapore has a globally competitive ...

:Cruise operator Norwegian Cruise Line Holdings Ltd said on Monday it would require mandatory COVID-19 vaccinations for all guests and crew when it restarts trips from U.S. ports in July.

SINGAPORE: A ruling on a request to freeze the assets of Lim Oon Kuin and his two children following the collapse of Lim's oil trading firm Hin Leong Trading will be made at a later date, following a whole day's hearing at the Singapore High Court, four sources said on...