Government & Economy

Amid volatile markets, growth forecasts seen at risk

EVEN before volatility in the global financial markets spiked again in recent weeks, Singapore's private sector economists had already tempered their growth expectations for this year and next. And as the year closes with the global economy looking...

Government & Economy

EMERGENCY measures failed for a second time this week to reverse a rout in the rouble, narrowing Russian President Vladimir Putin's options in confronting the country's deepest financial crisis since 1998...


DESPITE a drastic 6.5 percentage point interest-rate hike by the Russian central bank on Monday in a bid to prop up the country's falling currency, the rouble has continued to get battered, prompting fears of an economic crisis. It has already lost...

Energy & Commodities

BRENT crude oil fell below US$59 a barrel on Wednesday, near 5 1/2-year lows, as major oil producers signalled that they would maintain output despite a supply glut and faltering demand in Russia and Europe.


PUBLIC transport fares will not be increased by more than 2.8 per cent next year, said Transport Minister Lui Tuck Yew.

BT SPECIAL FOCUS - Jurong Island

Breaking Headlines



From well to pump

Pump prices have not fallen as fast as wholesale crude. We drill to the bottom of the discrepancy.

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