Economy

Domestic wholesale trade of petroleum sector down 2.9%

The decrease was arrived at after removing the price effect.

Domestic wholesale trade of petroleum sector down 2.9%

The decrease was arrived at after removing the price effect.

Singapore asserts commitment to combat proliferation of weapons of mass destruction

Yet Singapore’s export control regime aims to ensure that trade regulation in dual use items does not hamper trade.

GDP in China and Korea may turn negative in mid 2011

It's bad news for North Asia with industrial production slowing massively, notes DBS.

Consumer prices jump 4.5% in April

The increase was a result of higher costs of transport, housing and food.

Singapore achieves highest trade confidence jump in Asia—HSBC

Increased connectivity with and between emerging markets and China fuelled strong demand in international trade despite inflationary pressures and...

Third recession in a decade for Tsunami stricken Japan

The economy fell 3.7 % on reduced output and power, said Moody’s.

DPM Shanmugaratnam appointed MAS Chairman

Mr. Shanmugaratnam replaces Emeritus Senior Minister Goh Chok Tong who had served as Chairman of Monetary Authority of Singapore since August 2004.

China Manufacturing finally slows down

Still growing, but down to a 10 month low.

We must admit and correct our mistakes: Prime Minister

Expect changes on housing, healthcare and immigration.

President calls for unity

At the swearing-in of the new cabinet, Mr S R Nathan urged “all Singaporeans to come together and help build a better future” for the nation.

PM, what's in your paycheck?

The President may be in for a pay cut.

Global diggers: demand for the yellow stuff up 12% to 981 tonnes in first three months of 2011

Chinese and Indian buyers aren’t broke, and are behind the surge in demand, but you will never guess how much gold was bought for pure investment.

Japan ‘Anxiety Index’ shows only 4 out of 10 Japanese trust their leaders

And it's not suprising that 91% of Japanese feel very anxious, but who are the calm and stoic 9%?

MTI upgrades 2011 economic growth forecast to 5%-7%

Yet continued concerns of Europe’s sovereign debt sustainability, political turmoil in the Middle East and North Africa, and extended industrial...

High base effect stumps trade growth

Total external trade may have expanded year-on-year by 12 percent in the first quarter of 2011 but the government said trade growth decelerated.

GDP numbers in line with expectation: DBS

The sequential growth figure suggests that underlying growth momentum has remained fairly robust, according to DBS.

Finance minister promoted to deputy PM

Tharman Shanmugaratnam retains his finmin position as three ministers retire from the Cabinet.