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BCTT 2 Group 10

Oct 29, 20242 min read

Early data from South Korea, a global trade barometer, shows slowing export growth

Home to Samsung Electronics, one of the world’s biggest memory-chip makers, South Korea rode the wave of global demand for AI...

BCTT 2 Group 10

Oct 29, 20242 min read

China slashes key lending rates to bolster ailing economy

The bigger-than-expected rate cuts are aimed at reviving economic growth and halting a housing market crash. BEIJING – China cut its...

BCTT 2 Group 10

Oct 29, 20243 min read

Four Fed policymakers favour more rate cuts, but differ on pace

Strong retail sales and bigger-than-expected job growth in September have boosted speculation that the Fed could cut rates more slowly or...

BCTT 2 Group 10

Oct 29, 20242 min read

IMF predicts slightly slower global growth in 2024 and 2025

IMF chief economist Pierre-Olivier Gourinchas said the US is “very close” to achieving a soft landing – a rare feat in monetary policy....

BCTT 2 Group 10

Oct 29, 20242 min read

China’s Singles’ Day sales festival fails to inspire consumers

People stand near banners for the Singles’ Day shopping festival at JD.com 's headquarters in Beijing. SHANGHAI - China’s largest...

BCTT 2 Group 10

Oct 29, 20243 min read

China’s stimulus measures not enough, say Yellen and IMF chief economist

US Treasury Secretary Janet Yellen said that the “utterly enormous” Chinese subsidies threaten US manufacturing jobs. WASHINGTON –...

BCTT 2 Group 10

Oct 29, 20244 min read

Skills mismatch is a major problem worldwide, but it can be fixed: President Tharman

President Tharman Shanmugaratnam said the skills mismatch is a problem that can be fixed with the right policy initiatives. SINGAPORE...

BCTT 2 Group 10

Oct 29, 20243 min read

S’pore factory output rises at slower pace of 9.8% in Sept after jump in August

The electronics industry, which accounts for nearly half of Singapore’s factory output, saw output inch up 1.9 per cent, after a 50 per...

BCTT 2 Group 10

Oct 29, 20241 min read

Singapore biomed production breaks out of slump, EDB says at least 1,000 new jobs in pipeline

Industry players said the inherently volatile industry remains robust, with firms actively pursuing growth opportunities here. SINGAPORE...

BCTT 2 Group 10

Oct 29, 20243 min read

Singapore’s Q3 employment growth more than doubles, retrenchments fall from previous quarter

Total employment in the July to September period grew by 24,100, more than doubling from the growth of 11,300 in the second quarter. ...