Monday, June 8, 2015
Day of National Remembrance
Monday, June 8, has been declared a Day of National Remembrance for the victims of the Sabah earthquake that shook Mount Kinabalu on Friday, a statement from the Prime Minister's Office (PMO) said on Sunday.
Argentina
A new ruling by a US judge has increased the total Argentina owes holdout bondholders to US$5.2 billion - a massive responsibility that if upheld likely will fall to the next government, experts said.
Sunday, June 7, 2015
Commodity Prices
The finance ministers of China and Japan raised concerns on Saturday about volatile commodity prices and the dangers that they pose to the global economy.
G7
British Prime Minister David Cameron on Saturday called for the G7 to "show the same courage" that exposed Fifa's corrupt practices in order to tackle graft around the world.
Eu Yang Sang Terminal 2
Changi Airport
Terminal 2
#026-024-01
Departure/Check-In Hall North
Tel: 65465127
Saturday, June 6, 2015
AC Milan
Silvio Berlusconi has approved a deal to sell 48 per cent of soccer club AC Milan to a group led by Thai businessman Bee Taechaubol, a historic change for the team which the former Italian prime minister has owned since the 1980s.
Gold
Gold hit an 11-week low on Friday, heading for a third straight weekly slide, as the dollar rallied after better-than-expected US employment data bolstered prospects for an interest rate increase this year.
Friday, June 5, 2015
Global Air Travel
Demand for global air travel rose 5.9 per cent in April, but the picture is mixed going into what is traditionally the strongest part of the year for airlines in the northern hemisphere, a leading industry body said on Thursday.
OPEC
Crude prices tumbled about 2 per cent for a second day on Thursday ahead of an Opec decision likely to keep the market oversupplied and on worry rising European bond yields could tighten the availability of speculative money that had been invested in oil.
Thursday, June 4, 2015
Apple Inc
Apple Inc said it is recalling some Beats Pill XL portable wireless speakers due to a fire hazard caused by overheating batteries.
Lufthansa
A decision by Lufthansa to impose a 16 euro surcharge to tickets bought outside its websites and booking offices sparked anger Wednesday from travel agencies.
Wednesday, June 3, 2015
MERS
Fear and confusion mounted in South Korea over news of the first two deaths from an outbreak of Middle East Respiratory Syndrome and the government's decision not to name hospitals treating infected patients.
Eurogroup
Eurogroup chief Jeroen Dijsselbloem on Tuesday said he was unimpressed with the progress made in debt talks with Greece, after Athens claimed to have submitted a "realistic" plan to its creditors.
Tuesday, June 2, 2015
Panasonic Singapore Hotline
It does not answer your calls.
It does not return your calls.
It does not answer your voice mails.
It does not reply your emails.
It knocked off at 4:45pm today.
Panasonic Singapore
It is just a very simple request.
Our air-con is not blowing cold air anymore.
It is still under warranty.
I called them on 13 May 2015.
It is still not solved yet.
How long more must we wait?
L'Oreal SA
L'Oreal SA will reduce prices of most of its imported products in China to boost domestic sales, the French cosmetics giant said on Tuesday, after China said a day earlier it will cut import tariffs on goods, including skincare products.
Global Manufacturing Growth
Global manufacturing growth accelerated slightly last month but remained weak as firms again turned to existing orders to keep active, a business survey showed on Monday.
Monday, June 1, 2015
Land Acquisition
The Indian government has issued an executive order for the third time to make it easier to buy farmland for large projects after failing to win parliamentary for a controversial land bill championed by Prime Minister Narendra Modi.
Taiwan Computex
Smart living and wearable technology will take centre stage at Asia's largest tech trade show from Tuesday with gadgets promising to do everything from analysing state of mind to identifying burglars.
Sunday, May 31, 2015
Avago
Avago Technologies' purchase of Broadcom Corp represents the biggest technology deal of all time. It may not stay at the top for long. The US$37 billion transaction announced on Thursday eclipses the previous record-holder - the buyout of First Data Corp in 2007 for almost US$30 billion.
Project Jacquard
Google announced on Friday that it is working with iconic US jean maker Levi Strauss to make clothing from specially woven fabric with touch-screen control capabilities.
Saturday, May 30, 2015
FIFA
A Fifa congress on Friday started a vote for a new president with incumbent Sepp Blatter the favourite despite a major corruption scandal engulfing the organisation.
OPEC
Opec is gearing up for a meeting next week amid rising global demand and a reduction in supply, which are both helping to support prices, two Opec officials said after pre-meeting talks.
Friday, May 29, 2015
Housing in US
More Americans than forecast signed contracts to purchase previously owned US homes in April, indicating a pickup in the housing market during the busy spring selling period.
Jobs in US
Applications for US jobless benefits remained below 300,000 for the 12th straight week, signalling the labour market remains firm even as the economy has been slow to rebound from a first-quarter slump.
Thursday, May 28, 2015
Airbus Enders
Airbus Group NV asked Chief Executive Officer Tom Enders to stay on for another term when his mandate ends, as the CEO sought to reassure investors that a recent crash of an A400M military aircraft won't jeopardize his earnings goals.
US Stocks
US stocks opened higher on Wednesday, recovering some of the prior day's losses as good earnings from Tiffany offset a disappointing report from Michael Kors.
Wednesday, May 27, 2015
US Consumer Confidence
US consumer confidence rose in May, according to a private sector report released on Tuesday.
The Conference Board, an industry group, said its index of consumer attitudes rose to 95.4 from a downwardly revised 94.3 in April. Economists were looking for a May reading of 94.9, according to a Reuters poll.
The April figure was originally reported as 95.2.
Dollar
The dollar jumped to an almost eight-year high against the yen as economic reports suggested the US is getting back on track after a slow first quarter.
Tuesday, May 26, 2015
Citibank
Citibank Singapore on Monday said its credit card sales have grown at least 20 per cent faster than the industry over the last five years.
UBS
UBS is seeking to offload its private bank in Australia to the unit's management following a review of underperforming businesses at the Swiss bank, a source with direct knowledge of the matter told Reuters on Monday.
Monday, May 25, 2015
Walmart
Walmart Stores Inc, the world's biggest retailer, pulled some goods sourcing business from Li & Fung Ltd, raising concerns that the Hong Kong company may see other customers follow suit.
Time Warner Cable
Merger talks over Time Warner Cable Inc are pitting French-Israeli tycoon Patrick Drahi against his former boss: media mogul John Malone.
Sunday, May 24, 2015
Gold
Gold eased on Friday, on course for its first weekly decline in four weeks, after US Federal Reserve Chair Janet Yellen said she expected an interest rate hike this year.
The dollar extended gains following the speech, after initially climbing on a stronger-than-expected rise in US core consumer prices in April.
Shell
The world's fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday.
Saturday, May 23, 2015
Hewlett-Packard
Hewlett-Packard Co reported fiscal second-quarter profit that exceeded analysts' estimates as corporate technology spending picked up ahead of the computer maker's planned separation into two companies.
BlackBerry
BlackBerry Ltd is cutting jobs at offices around the world as it brings together the different parts of its shrinking smartphone business.
Friday, May 22, 2015
Shopify Inc
Shares of Shopify Inc, a Canadian e-commerce software maker, rose as much as 69 per cent in their trading debut on the New York Stock Exchange, valuing the company at up to US$2.14 billion.
USA Factory Activity
Growth in the US manufacturing sector slowed for a second straight month during May, with new orders increasing at their slowest pace since January 2014, according to an industry report released on Thursday.
Thursday, May 21, 2015
USA Stocks
US stocks opened lower on Wednesday as investors weighed mixed earnings from retailers and awaited the release of the Federal Reserve minutes of the April monetary policy meeting.
Five Global Banks
Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc , were fined roughly US$5.7 billion, and four of them pleaded guilty to US criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday.
Wednesday, May 20, 2015
USA Equities
International investors slashed their exposure to US equities in May to its lowest in over seven years, while maintaining the euro zone as their leading stock market destination, a closely watched survey said on Tuesday.
USA Housing
US housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter.
Tuesday, May 19, 2015
USA Homebuilders
Confidence among U.S. homebuilders unexpectedly fell in May, reflecting cooling sales and slower buyer traffic, a sign the residential real-estate market will take time to gain momentum.
Apple Inc
Apple Inc's patented designs on its signature iPhone mobile phone were copied by chief rival Samsung Electronics Inc, a US appeals court ruled on Monday.
Monday, May 18, 2015
Fitch Ratings
Ratings firm Fitch kept Greece's high-risk credit rating unchanged Friday, saying the risk that the eurozone country would default on its debt was a "real possibility."
Fitch Ratings affirmed the "CCC" rating it gave the debt-riddled eurozone country in late March in a two-notch downgrade from "B."
Global Bond Yields
Amid a surge in global bond yields, investors worldwide pulled $1.9 billion out of funds that mainly hold U.S. Treasuries in the week ended May 13, marking the biggest outflows in 10 weeks, a Bank of America Merrill Lynch Global Research report showed.
Sunday, May 17, 2015
Etsy Inc
Etsy Inc is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
Netflix Inc
Netflix Inc rose above US$600 a share for the first time after it was reported to be in talks with a Chinese media company backed by Jack Ma and other possible partners as it seeks entry into China's US$5.9 billion online video market.
Saturday, May 16, 2015
Burger King
Burger King Worldwide Inc is the latest and largest company to jump on the repricing and refinancing bandwagon in the US leveraged loan market, but this time the company has thrown in a high-yield bond refinancing to lock in low interest rates before they rise.
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