Oil has strengthened, but Singapore banks not out of the woods yet
Stronger global oil prices have yet to benefit the offshore marine sector, whose continued troubles are expected to dominate the narrative this week when Singapore’s three largest banks release their earnings More...
UK house price growth edges up after December slowdown
British house price growth became slightly more broad-based last month after slowing in December for the first time since just after June’s vote to leave the European Union, a monthly survey of property valuers More...
Call for scrutiny of private firms ‘to prevent another BHS’
A committee of MPs is recommending that large private firms should face the same rules on corporate governance as publicly listed companies. The work and pensions committee says changes could prevent another collapse More...
Fraud case and falling share price take shine off Lloyds’s farewell to taxpayer
] When Lloyds Banking Group last week finally accepted responsibility for compensating the small business customers who were victims of a £245m fraud involving HBOS Reading, it was again forced to face up to the More...
I took a trip to Mars in 2117 and it was exactly like ‘Star Wars’
The skies are different shades of red while my space pod narrowly avoids a larger flying vehicle above. A gold monument adorns a large white plaza where thousands of humans are walking around. A welcome message More...
Manufacturing jump shows economy ended 2016 strongly despite Brexit vote
The Bank of England has signalled it is in no hurry to raise interest rates from their record low. Sterling rose after Friday’s data and British government bond futures modestly extended losses. “While More...
Samsung chief in second grilling over corruption claims
Samsung chief Lee Jae-yong has been questioned for a second time as a suspect in South Korea’s biggest political corruption scandal. Prosecutors are expected to decide based on the hearing whether they will More...
Instead of draining the swamp, Trump has become Wall Street’s best buddy
President Trump was an accident waiting to happen. The US had entered a zone of fragility: there were too many inequalities, grievances and accompanying disillusion in a system felt not to work . A chief reason More...
Fed could take the wheel from Trump and drive markets this week
The Federal Reserve could rival the White House as a source of volatility in the week ahead. Since he was elected, President Donald Trump has taken the driver’s seat for markets, pushing the obsessive focus More...
Britain’s economy likely expanded 0.7 percent in three months to January: NIESR
Britain’s economy likely expanded by 0.7 percent in the three months to January, quickening slightly from the fourth quarter, the National Institute of Economic and Social Research said on Friday. Its estimate More...