SINGAPORE (Reuters) – From the high balcony of a Singapore public housing block, an environment official steadies his mosquito launcher, the latest contraption authorities have devised to combat a record outbreak of the tropical disease dengue. With the click ... More »
SYDNEY (Reuters) – Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.... More »
LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »
SINGAPORE (Reuters) – Singapore researchers have developed “electronic skin” capable of recreating a sense of touch, an innovation they hope will allow people with prosthetic limbs to detect objects, as well as feel texture, or even temperature and pain. The d... More »
SINGAPORE (Reuters) – Visitors to Universal Studios in Singapore will now have to pass through facial recognition scanners to enter the park, in the city-state’s latest foray with a technology that has stoked privacy concerns. Resorts World Sentosa (RWS), whic... More »
LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Full dexamethasone trial results released The full results... More »
(Reuters) – Aircraft leasing company BOC Aviation (2588.HK) said on Tuesday it had cancelled an order for 30 Boeing (BA.N) 737 MAX planes although its chief executive remained confident in the jet which has been grounded for more than a year. The lessor, which... More »
LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... More »
LONDON (Reuters) – World stocks reversed earlier losses and the dollar slid on Monday as investors shrugged off worries that rising coronavirus infections in parts of Europe and the United States over the weekend could scupper a quick economic rebound. Torn be... More »
BERLIN (Reuters) – Regulators worked hard and did their job in the case of payments firm Wirecard, which on Monday said that 1.9 billion euros ($2.13 billion) missing from its accounts was likely never there, Finance Minister Olaf Scholz said on Monday. “I thi... More »
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government’s involvement in the recapitalisatio... More »
SINGAPORE (Reuters) – Singapore’s health ministry said on Tuesday it confirmed 451 more coronavirus cases, taking the city-state’s tally of infections to 28,794. Source: https://www.reuters.com/article/us-health-coronavirus-singapore/singapores-health-ministry... More »
SINGAPORE (Reuters) – Singapore’s health ministry said on Tuesday it had confirmed another 884 coronavirus cases, taking the city-state’s tally of infections to 24,671. Source: https://www.reuters.com/article/us-health-coronavirus-singapore/singapores-health-m... More »
BENGALURU (Reuters) – Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world’s biggest coronavirus lockdown, sources familiar with the ... More »
SINGAPORE (Reuters) – Singapore has confirmed 799 more coronavirus infections, its health ministry said on Monday, taking the city-state’s tally of cases to 14,423. Most of the new cases are among migrant workers living in dormitories in the city-state, which ... More »
SYDNEY/HONG KONG (Reuters) – Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, but the recent weak run in the global oil price showed no signs of ending. MSCI’s broad... More »
SINGAPORE (Reuters) – Singapore said on Tuesday it had preliminarily confirmed 1,111 new coronavirus cases, taking the city-state’s total infections to 9,125. The health ministry said most of the cases were migrant workers living in dormitories, a group that a... More »
MANILA (Reuters) – Singapore is facing a very challenging situation to tackle a sharp increase in coronavirus infections, but has the healthcare system and risk management capacity to handle it, the World Health Organization’s regional chief said on Tuesday. T... More »
TOKYO/SINGAPORE (Reuters) – Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its allies to cut output. U.S. ... More »
SINGAPORE (Reuters) – Singapore is preparing to house hundreds of foreign workers in accommodation vessels typically used for offshore and marine industry staff as it races to find alternatives to dormitories where the novel coronavirus has been spreading rapi... More »
SINGAPORE (Reuters) – Singapore has suspended the use of video-conferencing tool Zoom by teachers after “very serious incidents” in the first week of a coronavirus lockdown that has seen schools move to home-based learning. One incident involved obscene images... More »
JAKARTA (Reuters) – As coronavirus cases surge in Indonesia, doctors are working double-time treating patients both at hospitals and online through healthtech startups – an approach that is quickly becoming part of the national healthcare system. Doctor Mohamm... More »
LONDON (Reuters) – Dollar borrowing costs in the foreign exchange swap markets retreated further on Monday, with swap rates against the euro and pound falling to their lowest levels in more than a decade. These moves indicate recent emergency actions by global... More »
SYDNEY (Reuters) – Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive. Equity i... More »
(Reuters) – Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of COVID-19. Here is a list of countries in alphab... More »
SINGAPORE (Reuters) – Singapore’s high court upheld on Monday a rarely-used law that criminalizes sex between men, dismissing three appeals that argued it was unconstitutional. The ruling follows challenges to the colonial-era law by activists emboldened after... More »
SYDNEY/HONG KONG (Reuters) – Asian shares slid on Monday as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. U.S. and European future... More »
(Reuters) – Major sports events around the world that have been hit by the coronavirus pandemic: OLYMPICS * The International Olympic Committee and Japan’s Prime Minister Shinzo Abe concluded the Tokyo 2020 Olympics must be postponed and held no later than the... More »
LONDON (Reuters) – Blackrock (BLK.N), the world’s largest asset manager, will freeze global hiring for a few weeks, according to a source familiar with the situation. As the deadly coronavirus swept across the global economy, killing thousands of people, compa... More »
KUALA LUMPUR (Reuters) – Malaysia will mobilise the army to help enforce curbs on movement aimed at reining in the coronavirus, the government said on Friday, as it grapples with the highest number of infections in Southeast Asia. Malaysia reported 130 new inf... More »
LONDON (Reuters) – Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed ve... More »
DUBAI (Reuters) – Kuwait’s Health Ministry announced 10 new cases of coronavirus in the country on Monday bringing the total number to 56, a ministry official said. The official, who was speaking during a news conference broadcast on state television, urged ci... More »
SINGAPORE/SYDNEY (Reuters) – Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavi... More »
SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. The large spi... More »
(Reuters) – Over two dozen large trade fairs and industry conferences in China and overseas have been postponed due to travel curbs and concerns about the spread of the 2019 coronavirus, potentially disrupting billions of dollars’ worth of deals. In order of s... More »
BANGKOK (Reuters) – Thailand’s telecoms regulator raised 100.52 billion baht ($3.2 billion) in 5G spectrum auctions on Sunday, with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand’s top mobile operator, Advan... More »
SYDNEY (Reuters) – Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume opera... More »
SINGAPORE (Reuters) – Asian airlines face “drastic” cuts in their planned growth because of the coronavirus crisis, an industry group warned, adding gloom to an already depleted Singapore Airshow as more companies scaled back plans on Monday. The Singapore Air... More »
SINGAPORE (Reuters) – Britain takes U.S. concerns about its use of Huawei equipment seriously but is confident a trade deal with the United States will be among its first after leaving the European Union, its foreign secretary said on Monday. U.S. officials ha... More »
WELLINGTON (Reuters) – The LPGA Tour, the elite women’s professional golf circuit, said on Monday it was cancelling tournaments in Thailand and Singapore later this month due to the coronavirus outbreak. More than 40,000 people have been infected by the flu-li... More »
SYDNEY/MONTREAL (Reuters) – Some aerospace companies including business jet manufacturers Textron Inc and General Dynamics Corp’s Gulfstream division said they no longer planned to attend the Singapore Airshow due to the new coronavirus epidemic. The trade por... More »
LONDON (Reuters) – New York remains the world’s top financial center, pushing London further into second place as Brexit uncertainty undermines the UK capital and Asian centers catch up, a survey from consultants Duff & Phelps said on Monday. Britain will leav... More »
TOKYO (Reuters) – Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan’s Nikkei average .N225... More »
SINGAPORE (Reuters) – Singapore said on Monday that the coronavirus outbreak will hurt its economy this year, as it announced new measures to tackle the disease which originated in China and has spread to the city-state and several other countries. The Southea... More »
BEIJING (Reuters) – Chinese authorities and the World Health Organization (WHO) say a new strain of coronavirus is behind the outbreak of pneumonia in the central city of Wuhan, which has erupted just ahead of the Lunar New Year, the country’s biggest festival... More »
BEIJING (Reuters) – Chinese authorities and the World Health Organization (WHO) say a new strain of coronavirus is behind the outbreak of pneumonia in the central city of Wuhan, which has erupted just ahead of the Lunar New Year, the country’s biggest festival... More »
SINGAPORE (Reuters) – Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety. U.S. President Donald Trump responded to an I... More »
SINGAPORE (Reuters) – China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial production began in July, two company officials told Reuters. The plant in Palau Muara Besar is one of f... More »
BEIJING/SHANGHAI (Reuters) – U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the... More »
SYDNEY (Reuters) – Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month. In early European trades, the pan-region Euro Stoxx 50 futures... More »
MILAN (Reuters) – Artist Simone Fugazzotto defended on Tuesday a widely criticized anti-racism campaign launched by Italy’s Serie A soccer league which features his paintings of apes. Racism has long plagued Italian soccer, with black players frequently target... More »
SINGAPORE (Reuters) – At first glance the works of Singaporean artist Qixuan Lim have a familiar, edible appearance. But upon a closer look at the sardine tin – and it’s packed with tiny human hearts made of clay, cherubic arms and legs or other human body par... More »
SHANGHAI (Reuters) – Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. European ... More »
LONDON (Reuters) – Turnover on some of the world’s biggest currency-trading venues has dropped as falling market volatility prompts some global banks to route more volumes onto their internal platforms, the Bank for International Settlements said in a quarterl... More »
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Japa... More »
LONDON (Reuters) – A deadly virus called Nipah carried by bats has already caused human outbreaks across South and South East Asia and has “serious epidemic potential”, global health and infectious disease specialists said on Monday. The virus, identified in 1... More »
SINGAPORE (Reuters) – Facebook (FB.O) said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state. “Facebook... More »
SINGAPORE (Reuters) – Singapore political figure Brad Bowyer on Monday corrected a Facebook post questioning the independence of state investment firms following a government request, in the first use of the country’s new “fake news” law. Bowyer used “false an... More »
SYDNEY (Reuters) – Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest ... More »
LONDON (Reuters) – World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China’s central bank cut rates on seven-day rev... More »
SINGAPORE (Reuters) – A piece of skin about the size of your thumbnail can be printed in less than a minute, scientists in Singapore say, a game-changing step for the future of non-animal testing for cosmetics and other products. Made up of skin cells from don... More »
BANGKOK (Reuters) – Thailand still has time to renegotiate with the United States over a suspension of duty-free preferences on imports of Thai goods before the suspension takes effect in April, U.S. Commerce Secretary Wilbur Ross said on Monday. The United St... More »
SHANGHAI (Reuters) – Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets. MSCI’s broadest ind... More »
SINGAPORE (Reuters) – Thailand’s Siam Cement Pcl’s (SCG) (SCC.BK) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources with knowledge of the matter said. The IPO of SCG Packaging Pcl (SCG Packaging), w... More »
SYDNEY (Reuters) – Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision. European sh... More »
BERLIN (Reuters) – German payments company Wirecard (WDIG.DE) has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday. The company, p... More »
TOKYO (Reuters) – Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal ... More »
SINGAPORE (Reuters) – Singapore’s economy likely escaped a technical recession in the third quarter even as growth stayed subdued, weighed down by the prolonged trade dispute between the United States and China, a Reuters poll showed. Gross domestic product (G... More »
TOKYO/SINGAPORE (Reuters) – Asian stock markets, including China’s, were little changed on Monday, shrugging off news that the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges. MSCI’s broadest index of Asia-Pacific share... More »
LONDON (Reuters) – World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors continued to unwind safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget... More »
HARARE (Reuters) – The body of former Zimbabwean President Robert Mugabe was expected in the country later on Wednesday, a family spokesman said, but his final resting place remained a source of mystery amid a dispute between some family members and the govern... More »
JAKARTA (Reuters) – SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek, people familiar with the matte... More »
TOKYO (Reuters) – Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war. The E-mini futures for U.... More »
TOKYO (Reuters) – Asian stocks rose in step with their global peers on Tuesday while safe-haven bonds retreated, after U.S. President Donald Trump softened his tone against China and predicted the two countries would be able to reach a trade deal. In early Eur... More »
HONG KONG (Reuters) – Hong Kong is gearing up for further protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes. Sunday’s massiv... More »
SINGAPORE (Reuters) – Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday. The electric vehicle charging service, ‘Shell Recharge’, will be available at 10... More »
SHANGHAI (Reuters) – Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a welcome a lift from Chinese shares and a stronger-than-expected daily fixing for the yuan.... More »
BEIJING (Reuters) – Beijing-based startup iSpace is planning up to eight commercial rocket launches next year, after last week becoming China’s first privately funded firm to put a satellite into orbit, its executives told Reuters. iSpace’s success has turned ... More »
SINGAPORE (Reuters) – The Singapore prime minister’s estranged brother has thrown his support behind a newly-formed opposition party in an intriguing twist ahead of elections expected to be held as soon as this year. In Facebook comments made late Sunday, Lee ... More »
JAKARTA (Reuters) – Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan’s SoftBank Group Corp, which wants to increase its exposure to the region’s most populous marke... More »
LONDON (Reuters) – When Belarusian President Alexander Lukashenko met entrepreneur Viktor Prokopenya in March 2017, their discussion was scheduled to last for an hour but went on for three times that long. The meeting, Prokopenya said, ended with Lukashenko as... More »
LONDON (Reuters) – Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar and copper upwards. Investors were waiting for a torrent of second-quarte... More »
SINGAPORE (Reuters) – Singapore Exchange’s (SGXL.SI) regulatory unit is proposing imposing price limits for daily stock auctions to prevent incidents such as the $41 billion flash crash in January that briefly roiled shares in conglomerate Jardine Matheson (JA... More »
SYDNEY (Reuters) – Asian shares were a sea of red on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Share... More »
HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy.... More »
LONDON/SYDNEY (Reuters) – Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed on the safe-haven ye... More »
NEW YORK (Reuters) – A federal judge in New York rejected Sotheby’s bid to dismiss a $380 million lawsuit where Russian billionaire Dmitry Rybolovlev accused the auction house of helping his longtime art dealer’s scheme to overcharge him on dozens of masterwor... More »
TOKYO/HONG KONG (Reuters) – Stock markets in Asia inched higher on Monday on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, while oil prices bounced on political tensions between Tehran and Washington. European mar... More »
MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space r... More »
TOKYO/HONG KONG (Reuters) – Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices dipped as global growth worries overshadowed supply concerns. European stock ... More »
TOKYO/HONG KONG (Reuters) – Asian shares, European and U.S. stock futures rose on Monday after the United States shelved plans to impose tariffs on Mexico and as global investors hoped for lower U.S. interest rates on the back of lackluster jobs data. Global i... More »
TOKYO (Reuters) – U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington’s new tariff threats against Mexico could tip the global economy into a recession. The E-mi... More »
SEOUL (Reuters) – Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India’s once-largest international airline. Jet, which ... More »
SINGAPORE (Reuters) – Singapore, the tiny Southeast Asian city-state, is an unlikely place for a farming revolution. With tiered fish farms, vegetable plots atop office buildings and lab-grown shrimp, the island aims to beef up its own food production and rely... More »
HONG KONG/SINGAPORE (Reuters) – Growing demand by Asia’s rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth managers more associated with the established wealth hubs of Switzerlan... More »
TOKYO (Reuters) – Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections. MSCI’s broadest index of Asia-Pacific shares ... More »
SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. G... More »
SHANGHAI (Reuters) – Asian shares clawed back some of last week’s losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in N... More »
SYDNEY (Reuters) – U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate. The United States and... More »
