TOKYO (REUTERS) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick up.
LONDON (AFP) - British Prime Minister David Cameron on Monday wrote to leaders of oversees tax havens, urging them to help the country's efforts to combat tax evasion and avoidance.
Singapore shares opened higher on Monday, with the benchmark Straits Times Index at 3,457.81 in early trade, up 0.25 per cent, or 8.51 points.
TOKYO (REUTERS) - Japanese manufacturers' sentiment rose for a sixth straight month in May, turning positive for the first time in a year and reinforcing recent evidence that Prime Minister Shinzo Abe's expansionary policy has generated more confidence in the economy.
NEW YORK (AFP) - Yahoo's board has approved a deal to purchase the popular blogging platform Tumblr for US$1.1 billion (S$1.4 billion) in cash, The Wall Street Journal reported on Sunday.