Global Markets

By not being a slave to ideology, Singapore roars back in business with sense and sensibility

Singapore's ideology is neither left, nor right, but by being pragmatic to the point of being boring.

Global Economy

Truss says it was Kwarteng who decided to cut UK's top tax rate

Truss said her government should have “laid the ground better”


Gilt chaos was made in UK but has lessons for everyone

"We're witnessing the further unravelling of the grand experiment of central banks over the past 15 years."

Global Economy

El-Erian says BOE needs a full point hike on UK's 'Big Gamble'

“The government has time now to try and get the situation back under control.”

Global Economy

Pound bounces from record, traders turn sights to BOE

So far, there’s been silence from the government and the Bank of England.


Pound drops to record low as UK signals more tax cuts

The size of the pound’s intra-day decline on Monday was the biggest since March 2020
Li Ka-Shing

Global Markets

Li Ka-Shing firms cleared to pursue US$5.6 bil Duet bid

HONG KONG (March 15): Billionaire Li Ka-shing won the approval of his shareholders to pursue the purchase of Australian power provider Duet Group, paving the way for the Hong Kong tycoon to diversify away from his reliance on Europe.
Theresa May

Global Markets

What to expect in UK markets when May pulls Brexit trigger

LONDON (March 14): The trigger of Article 50 is the event traders have been waiting for since the UK voted to leave the European Union. Yet as Prime Minister Theresa May approaches her end-March deadline for launching Brexit, there is no consensus on what


ComfortDelgro’s 3Q earnings rise 2.5% to $87.3 mil on lower expenditure

SINGAPORE (Nov 11): Transport group ComfortDelgro posted $87.3 million in earnings for 3Q16, 2.5% higher from $85.2 million in the same quarter a year ago on the back of lower expenditure, bringing earnings per share (EPS) in 3Q to 4.05 cents compared to


Flash crash of the Pound baffles traders with algorithms being blamed

(Oct 7): The pound plunged as much as 6.1% against the dollar, the biggest decline since the day the UK’s Brexit referendum result was announced, in a move that traders said was exacerbated by computer-initiated sell orders.