Non-oil domestic exports (NODX) in September nudged higher in September, confounding analysts who had expected a third straight month of contraction, figures from International Enterprise (IE) Singapore showed on Friday (Oct 16).
Singapore's non-oil domestic exports (NODX) unexpectedly rose in September, confounding analysts who had expected shipments to contract by 3.8 per cent, for a third straight month of decline.
Latin America offers great opportunities for foreign businesses despite the economic volatility that has gripped the region, Deputy Prime Minister Tharman Shanmugaratnam said.
Despite a weaker global economy in the third quarter, Singapore-based investors put at least S$3.8 billion into overseas real estate, according to a new report. More than $1.8 billion was invested in Australia and $1.2 billion in the United Kingdom, according to data compiled by DTZ (SEA) Research.
DBS is now the eighth largest private bank in the Asia-Pacific by assets under management (AUM), bigger even than Morgan Stanley, according to annual rankings released on Friday (Oct 16) by Private Banker International, a journal for the global wealth industry.
Royal Dutch Shell has declared force majeure on base chemical products from its ethylene cracker complex in Singapore after operations were disrupted, a spokeswoman said on Friday (Oct 16).
China's leaders are poised to lower their growth target for the next five years as they wrestle with challenges from rising debt to excess industrial capacity and bloated state enterprises.
Goldman Sachs' profit plunged 38 per cent, its second straight quarterly drop, depressed by a steep decline in bond trading revenue triggered by concern about global growth.