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Government & Economy

Fed keeps favourite phrase of markets

JANET Yellen sounded a lot like Santa Claus to traders on Wednesday as the Federal Reserve echoed its promise to hold off on rate hikes for a "considerable time", sparking the biggest rally of the year on the US stock market. European stocks...

Energy & Commodities

[NEW YORK] Global crude oil prices slumped anew on Thursday, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout on worries about a supply glut.

Government & Economy

[BRUSSELS] European Union leaders urged Vladimir Putin to make a "radical change" in his stance on Ukraine Thursday as they boosted sanctions against Crimea despite fears of economic blowback from Russia's spiralling financial crisis...

Government & Economy

[BRUSSELS] EU leaders defended plans for the world's biggest trade deal with the United States, seeking on Thursday to counter hostility in Europe and clear the way for the accord to be agreed by the end of 2015...

Banking & Finance

WITH the easing caution brought on earlier by political changes in the region, bankers are hopeful of more mergers and acquisitions (M&As) in Southeast Asia next year, with Singapore being no exception.

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INFOGRAPHICS

Rouble rousing

Will the rouble rout set off a major currency crisis to rival the shocks of the late 1990s?
 
 

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