Singapore and Europe are 'natural partners' in 3 areas: Chan Chun Sing

SINGAPORE – Europe can be a “natural partner” for Singapore in three areas, Trade and Industry Minister Chan Chun Sing said on Thursday (April 29). These are: providing a secure and reliable environment where businesses can anchor themselves; connecting people,

Global chip shortage hits Apple, Samsung and Ford as crisis worsens

NEW YORK (BLOOMBERG) – The global chip shortage is going from bad to worse with automakers on three continents joining tech giants Apple and Samsung Electronics in flagging production cuts and lost revenue from the crisis. In quick succession, Honda

Japan exports post largest monthly gain since late 2017

TOKYO (REUTERS) – Japan’s exports posted their strongest growth in more than three years in March, led by a surge in China-bound shipments, in a sign the economy continued to recover from last year’s deep coronavirus slump. The trade data

IMF official warns China tech decoupling from US would slash global GDP

NEW YORK (BLOOMBERG) – A technological decoupling between the US and China and potentially Europe would cut global gross domestic product by an order of magnitude greater than the recent trade war, a senior International Monetary Fund official warned. “The

Inflation in Singapore turns positive for first time in a year on higher food, services and private transport costs

SINGAPORE – Singapore’s core inflation turned positive in February for the first time in a year, as the costs of food and services rose, according to data out on Tuesday (March 23). Core inflation, which excludes accommodation and private road