News

Shanghai led PE exits in Asia with US$3.7b.

And 45% of Asia Pac online consumers said they are currently in recession.

Singapore was named Asia's Top Convention City and ranked fifth globally next to Vienna, Barcelona, Paris, and Berlin.

Panasonic will install photovoltaic systems to supply renewable energy to lifts, water pump and lighting.

Electronics PMI also fell to 49.5.

Muthukrishnan Ramaswami, acting chief financial officer of Singapore Exchange, said the bourse has no plans to pay a one-time dividend and would like to maintain a healthy cash balance going forward.

And Singapore delivered pre-tax profit of US$327.

Citigroup’s Singapore unit denied wrongdoing after an 88-year-old partly deaf client claimed he was misled by his banker.

But continued appreciation of Sing dollar may impact inbound tourist numbers as well as spending.

And you’ll never guess what you can find in their shopping bags.

And 68% expect higher market returns over the next 12 months.

And Temasek will also take up additional office space at The Atrium@Orchard, according to CapitaMall Trust.

Blame it on global economic weakness and high jet fuel prices.

Standard Chartered also expects Singapore's PMI to have eased to 50.3 in July.

The turbulent ride was due to higher income tax expense and lower profit contributions from dry bulk shipping and shipyard operations.

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