Singapore policy tightened as inflation dents growth
2022-07-14
Store trade, transport industry activity shrinks Read complete story Continue Reading
Oil prices drift sideways ahead of potential large U.S. rate hike
2022-07-14
SINGAPORE: Oil prices were small changed on Thursday night as investors considered tight supplies against the prospect of a big U. S. price hike that would stem inflation and control crude demand. Read full story Continue Reading
TikTok maker ByteDance takes aim at lifestyle leader Xiaohongshu with new app
2022-07-14
TikTok’s Chinese owner ByteDance is looking for its following big hit by wading deeper to the lifestyle sector associated with social media with Kesong, a shopping and lifestyle recommendations app similar to market innovator Xiaohongshu. Read full story Continue Reading
Adyen provides omnichannel payments services to Uniqlo
2022-07-14
Enables with respect to Faster rollouts of omnichannel servicesEasily consolidates, reconciles payments across multiple channels Adyen has been chosen simply by Fast Retailing, the operator of Uniqlo, to power payments for the brandâs in-store and online peruse in multiple marketplaces.In a statement, the fintech firm said the integration with Adyen removes…Continue Reading
Rising US inflation sends equities lower
2022-07-14
KUALA LUMPUR: Global equities tumbled since hopes that ALL OF US inflation had peaked were dashed with the latest June numbers that showed prices hit a fresh four-decade high of 9. 1%. Read full story Continue Reading
G20 host Indonesia hopes for progress in finance chief talks despite war friction
2022-07-13
JAKARTA: G20 finance leaders will meet within Bali this week designed for talks that are due to include issues like global food security and soaring pumpiing, as host Philippines tries to ensure frictions over the war within Ukraine do not blow discussions off program. Russia’s invasion of Ukraine overshadowed aContinue Reading
What did Shinzo Abe mean to Japan?
2022-07-12
The former PM is known for his signature “Abenomics” financial policy, but their legacy lies in national security.Continue Reading
Unnerved Shanghai residents brave stifling heat for mass COVID-19 tests
2022-07-12
SHANGHAI: Shanghai occupants queued up within sweltering heat for compulsory mass testing for COVID-19 on Tuesday (Jul 12), as consistent small outbreaks fuelled anxiety in a town that is still recovering from the painful two-month lockdown lifted a few weeks ago. The particular nagging daily situation tolls in the commercialContinue Reading
Temasek Holdings net portfolio value crosses S$400 billion for the first time
2022-07-12
SINGAPORE: Temasek Holdings on Tuesday (Jul 12) reported a record internet portfolio value that crossed S$400 billion dollars for the first time, while forecasting a slower purchase pace ahead. In the monetary year ended Scar 31, its internet portfolio was appreciated at S$403 billion, an increase of S$22 billion fromContinue Reading
E-commerce helped MSMEs mitigated pandemic impact: Alibaba
2022-07-12
Majoarity of MSMEs noticed sales decline; sales dropped by as much as 40%Survival rate to get MSMEs is 7% points higher within regions with web commerce Micro small and medium enterprises (MSMEs) that employed e-commerce survived the onslaught of the pandemic better than those who didn’t, based on a report by…Continue Reading