Singapore: Oil remains near five-week high on expectation of producer action Tuesday, 16 August 2016 – Oil prices remained near five-week highs on Tuesday, fueled by talk of producers taking action to prop up the market, although some investors cashed in during Asian hours on the 16 percent rally since early August. Brent crude futures […]
Read MoreSingapore: June retail figures fall short of analysts’ expectations Tuesday, 16 August 2016 – Retail sales here were almost flat in June – the first month of the Great Singapore Sale – compared with the same month last year. Retailers eked out a 0.9 per cent rise in sales, below economists’ expectations of a 2 […]
Read MoreSingapore: Singapore ranked 6th globally for innovation Tuesday, 16 August 2016 – Singapore has been ranked sixth in the world – and top in the Asia-Pacific region – on the annual Global Innovation Index. Singapore’s ranking – one up from last year – placed it ahead of countries such as the Netherlands, Germany, South Korea […]
Read MoreSingapore: Oil prices firm on potential producer action to prop up market Monday, 15 August 2016 – Oil prices edged up early on Monday and have risen more than 10 percent since the start of the month as speculation intensifies about potential producer action to support prices in an oversupplied market. International Brent crude oil […]
Read MoreSingapore: Not a great Singapore sale as retail takings in June inch up just 0.9% due to car sales Monday, 15 August 2016 – Retail sales in Singapore eked out a 0.9 per cent gain in June compared with the previous year, largely driven by the continued strength of the car market, data released on […]
Read MoreSingapore: Sales of new private homes more than doubled in July at 1,091 units Monday, 15 August 2016 – Demand for new private homes in Singapore more than doubled last month, driven by more new launches. Developers sold 1,091 new private homes in July, up 103.5 per cent from the 536 units moved in the […]
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