AFTER falling 125 points in just over a week, the Straits Times Index yesterday benefited from a spot of short-covering, bouncing 12.58 points to 2,876.70.
AS Greece headed for fresh elections and a possible exit from the eurozone, European leaders were preparing protect to other vulnerable nations from contagion.
SOFT commodities were perhaps a little too limp in the March quarter as weak soybean crushing margins and seasonal factors led to a set of lacklustre earnings for the commodities sector.
[LONDON] A huge change in the Bank of England's remit has thrown open the race for a successor to governor Mervyn King, leading to one critique that no one but a"superhuman" need apply.
A UNIT of Taiwanese state-run oil refiner CPC Corporation could lead a consortium of 14 Taiwanese oil companies to invest US$14 billion in projects in Malaysia's oil hub of Pengerang in southern Johor state.
[BEIJING] Foreign direct investment in China fell for a sixth month in April, the longest stretch of declines since the global financial crisis, amid renewed turmoil in financial markets.
[MUMBAI] Indian authorities are investigating top mobile phone carrier Bharti Airtel under provisions of the country's money laundering and foreign exchange rules, a minister said yesterday, sending its shares down as much as 5.1 per cent.
[PARIS] Francois Hollande was sworn in as president of France yesterday with a solemn vow to find a new growth-led strategy to end the debt crisis threatening to unravel the eurozone.
[DALLAS] Boeing Co has said that a wait of more than three years to deliver new 777 jets is crimping sales of the wide-body aircraft, which has become airlines' top choice for international flights.
FOR a banker to be talking at a time like this about the need to gear up or "leverage" his institution's lending by a large quantum sounds almost obscene, given the orgy of over-lending that led to the global financial crisis and the forced deleveraging that has been going on ever since as a consequence.
NINETEENTH Century German composer Richard Wagner's operas are not for the casual listener. And certainly not for the time-strapped - the Ring Cycle is performed over 4 days, spread out over a week.
EVEN if you aren't technically in the high-risk category for stroke - having high-blood pressure or being overweight, for example - the risk of stroke is still present.
A HAMMER, harami cross, shooting star, hanging man, and dark cloud cover - these are just some of the more colourful terms a technical analyst may use.
AFTER declining for four consecutive quarters, the Redas-NUS Real Estate Sentiment Index (composite) increased in the first quarter of this year to 4.6, buoyed by recent...
TATA Communications is a big name in its home country of India, but on the global scene, it is very much still the new kid on the block. Originally started back in 1986...
Do you agree that rising COE prices are affecting individuals and businesses adversely? Can the problems be solved by tweaking COE and vehicle-growth policy, or does...
Does Prof Lim Chong Yah's wage restructuring proposal address income inequality, low productivity?
On April 9, Prof Lim proposed a 3-year plan that includes a wage freeze for top earners and pay hikes for the lowest paid to tackle rising income inequality and an excessive reliance on cheap foreign labour.