Economy

Desperate China cuts interest rates

The People's Bank of China cut 25bp in interest rates to re-ignite growth, lift falling inflation and cope with global weakness.

Desperate China cuts interest rates

The People's Bank of China cut 25bp in interest rates to re-ignite growth, lift falling inflation and cope with global weakness.

Singapore to suffer much more than peers from a disorderly Greek exit

Moody's Analytics presents two worst-case scenarios and Singapore’s production sector is poised to fall by more than the Asian average.

Former Civil Defence Force commissioner charged with 10 counts of corruption

Peter Benedict Lim Sin Pang allegedly obtained sexual gratification from three women in exchange for favoring their companies in awarding contracts...

China's blistering credit growth loses steam

Credit growth decelerated for the first time since 2008 and should pile on more pressure to the economy.

Skyrocketing fees make Singapore cars pricier than US homes

At S$86,889 just for a permit, the total price of a 2012 Volkswagen Passat in Singapore is about the same as a home in the US suburbs, says a...

Philippine exports unlikely to experience rebound

Good news is net exports provided 5.2pp to headline growth but the bad news- the bounce is likely due to a restocking cycle.

Why is Indonesia facing further funding risks?

Its April trade balance dipped into a $641bn deficit and could put the country's funding flows in a bind.

China SMEs fear insufficient access to credit facilities

Growing credit card use among local buyers is also causing frequent payment delays.

No sigh of relief yet for Malaysia's export industry

 A 1.6% improvement from April's export performance is in the offing but analysts say this "growth" is largely the result of low base effect.

What's fueling the Thai inflation spike?

Flood rebuilding spending in the billions is pushing up the prices of Thai goods and services, says OSK-DMG.

Getting past the economic blame game

Economies need to go through the three phases of crisis before enacting the mandate for change. But where does Singapore and its micro economy stand...

Rising Korean household debt could stymie growth

Household debt has climbed to 164% of disposable income and is at a higher level than when the US was entering its subprime crisis.

On Orchids, Math and the Little Red Dot

Dots are everywhere. They are known as periods in some cases. At times, they make little “I”s more visible. In cyberspace, they are known as pixels...

Macquarie named 4 Singapore firms that are likely to buy assets from Europe bargain market

Check your bets of local companies taking advantage of Euro's darkest hour.

Will India's 1Q GDP report a disappointing "5"?

The numbers continue to fall: Moody's Analytics predicted a 5.9% growth, a slowdown from last year's 6.1% and 2010's 8.5%.

Should Singapore learn a thing or two from Hong Kong?

Hong Kong once again topped the World Competitiveness Rankings, with Singapore falling to fourth place from last year’s third.

Bank of Indonesia focus now on stability, not growth

The sudden shift in the central bank's position came in response to the worsening Eurozone debt crisis.