Bizview: Today's top business news

Local shares in the red, STI closes 30 points lower over uncertainties

Local shares remained in the red on Tuesday, after another tepid session where investors mostly stayed on the sideline to avoid uncertainties piling up on both the domestic and foreign end.

New Singapore private homes sales stagnate in August

New private home sales stagnated again last month as potential buyers were put off by the Hungry Ghost Festival, which started in the middle of the month, and distracted by SG50 festivities as well.

Singapore retail sales up 5.2 % year-on-year in July, still much on the back of auto market

Singapore's retail sales grew in July but a smaller rate from the previous month as auto sales slowed, figures from the Department of Statistics showed Tuesday (Sept 15). Retail sales grew 5.2 per cent year-on-year in July, down from the previous month's 6.2 per cent increase.

Singapore still top Asean investment pick for big four economies: Report

Singapore is still the top Asean investment pick for four of the world's biggest economies - China, India, Japan, and the US - according to the Institute of Chartered Accountants in England and Wales (ICAEW).

Three independent listing committees to improve regulatory framework: SGX

The Singapore Exchange (SGX) has set up three independent listing committees in a move to strengthen the listing regulatory process. A new Listings Advisory Committee (LAC), Listings Disciplinary Committee (LDC) and Listings Appeals Committee (LApC) will be in place by October 7, the SGX said in a statement Tuesday.

Lack of equal tax treatment a stumbling block to cross-border fund deal: MAS

Singapore regulators have been involved in talks to allow cross-border selling of mutual funds and unit trusts across Asia Pacific, but the lack of a fair taxation arrangement is now proving to be a stumbling block.

China steps on the gas in August to spark economy, ups fiscal spending by 26%

China cranked up its fiscal spending by 26 per cent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

'Just do it already': Emerging economies plea for end to US rates waiting game agony

Some of the world's biggest emerging economies are pleading for the United States to end their drawn-out agony and raise interest rates now.