Bizview: Today's top business news

A file picture of a construction site in China. PHOTO:EPA
A file picture of a construction site in China. PHOTO:EPA

WTO crucial despite challenges, especially for small nations like Singapore, say policymakers

Multilateral institutions such as the World Trade Organisation (WTO) have been buffeted by challenges, but still play a crucial role especially for a small trading nation like Singapore, speakers at a trade policy dialogue said on Monday (Oct 19).

M1's net profit, revenue up as number of customers edged up in 3Q

It was a steady quarter for telecommunications firm M1, as the firm's profit rose marginally on the back of higher revenues.

Scoot, Tigerair tie up to service Singapore-Guangzhou air route

Scoot and Tigerair will expand their co-operation when Scoot launches daily services to Guangzhou, China in January. Scoot's Boeing 787 Dreamliner service will replace one daily flight currently operated by Tigerair with a smaller Airbus A320 aircraft, better matching capacity to demand, the companies said in a joint statement.

Ringgit slips further as Malaysia faces oil-revenue pressures in Friday's budget

Malaysia's ringgit fell to a one-week low on Monday (Oct 19) ahead of Friday's budget as investors focus on what measures the government will take to shore up the economy amid a collapse in commodities and slowing global growth.

Sydney property market cools with auction clearances at 10-month low

Sydney's surging housing market may be cooling with the proportion of home auctions that successfully found a buyer last week falling to the lowest level in 10 months.

China GDP: Services saves economy as manufacturing slumps

China's economy expanded quicker than economists forecast in the third quarter as the services sector propped up the world's second-largest economy, suggesting monetary and fiscal stimulus is keeping Premier Li Keqiang's 2015 expansion target within reach.

China September property investment growth slows to six-year low

Growth in China's real estate investment over the first nine months of the year cooled to its slowest rate since the global financial crisis, although sales improved, underlining a mixed recovery in one of the most critical sectors of the economy.