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Thursday, January 3, 2013
Singapore avoids recession with Q4 growth
Singapore escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed Wednesday, but prospects for 2013 remain gloomy.
Wednesday, January 2, 2013
Even as Singaporeans wake up to a sobering economic forecast for this year, many will not be letting it affect what has become their yearly tradition — a Chinese New Year vacation.
Investment bank JPMorgan has deemed Kirin's offer for Fraser & Neave's food and beverage unit to be “fair but not reasonable” from a financial viewpoint.
Tuesday, January 1, 2013
The tills rang for retailers over the Christmas season, but not everyone had cause to rejoice.
Singapore retailers find coal in stockings
Singapore likely slipped into recession in the three months to December, analysts told AFP on Monday, as data showed growth in 2012 came in lower than expected.
Tuesday, December 18, 2012
The Singapore stock market has been on a roll, racking up an eight-session winning streak, and analysts are expecting more gains in the new year.
Wednesday, December 12, 2012
With its wealth of natural resources and its prime geographical location at the crossroads of Asia and Europe, Turkey is fast becoming a top investment destination among Singapore firms.
Wednesday, December 5, 2012
Farm commodities supplier Olam on Tuesday parried the latest salvo by U.S.-based short seller Muddy Waters after bringing out its “big gun” Temasek Holdings to support a US$1.25 billion bond and warrant sale.
Tuesday, November 27, 2012
Much of Asia has faced a relatively moribund mergers and acquisitions (M&A) scene this year but the picture in Singapore is way better.
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Wednesday, November 21, 2012
Last December's cooling measures have continued to deter overseas buyers from Singapore's property market. Foreign purchases made up just 7 percent of the private market in the three months to Sept. 30, well down from their 18-percent share for the whole of last year, according to consultancy DTZ.
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