UPDATE 3-Italian bond yields fall to 3-month low as Lagarde speaks

* Italian 10-yr yields drop to lowest since April * ECB meets for first time since policy tweak * Market expects extended period of stimulus (Updates prices; adds comment) LONDON, July 22 (Reuters) – Euro zone bond yields fell on Thursday, with Italy’s sinking to their lowest in over three months, as the ECB kicked off its press conference with […]

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World Bank trims growth forecast for East Asia, Pacific excluding China

MANILA (REUTERS) – The East Asia and Pacific region, excluding China, is expected to grow 4 per cent this year, World Bank president David Malpass said on Thursday (July 15), down from a 4.4 per cent forecast in March and with the pace of the roll-out of Covid-19 vaccines a risk to the outlook. Including China, the World Bank expects […]

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Singapore economy grows 14.3% in Q2: Flash data

SINGAPORE – The Singapore economy grew in the second quarter at a record pace due to a low year-ago base effect when the Covid-19 pandemic plunged the economy into its worst recession. Gross domestic product (GDP) expanded 14.3 per cent on a year-on-year basis in the second quarter of 2021, the Ministry of Trade and Industry (MTI) said on Wednesday (July […]

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S'pore firms go global, manage risks with overseas partnerships

SINGAPORE – Oyika is on a mission. The local electric vehicle (EV) battery start-up wants to make EVs more accessible in South-east Asia and to that end, has been linking with local partners to enter foreign markets. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive […]

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REFILE-UPDATE 2-German Bunds see biggest two-week drop in yields since June 2020

(Removes chart from previous version) * German 10-yr yields down 14 bps in past two weeks * Biggest two-week drop in yields since June 2020 * Investors reassess global growth prospects * Euro zone bond price rally paused briefly on Friday LONDON, July 9 (Reuters) – German government bonds, one of the world’s most liquid safe haven assets, headed on […]

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UK companies in Singapore report higher sales, more hiring: BritCham

SINGAPORE – British businesses in the Republic showed signs of sales recovery and higher recruitment, even amid ongoing concerns about issues like travel and entry restrictions, according to a survey by the British Chamber of Commerce Singapore (BritCham). Forty-three per cent of businesses reported an increase in sales in the past six months, BritCham’s inaugural business sentiment survey found. It […]

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