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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, 20242 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, 20243 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, 20242 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, 20243 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, 20244 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, 20243 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, 20241 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. ...
BCTT 2 Group 10
Oct 29, 20243 min read
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