SINGAPORE: Retail sales in Singapore decreased 2.1 per cent in May 2019 as compared to a year ago, according to figures released by the Department of Statistics (Singstat) on Friday (Jul 12). The estimated total retail sales value in May 2019 was about S$3.7 billion, with online retail sales ...
Japan Display Inc said on Friday that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced 80 billion yen (US$738 million) bailout plan for the screen maker.
Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least US$184 million, going ahead with the site after the state of Arizona last week withdrew an incentive package following the footwear maker's cancellation of a controversial ...
Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check.
Singapore’s economy grew by a meagre 0.1 per cent year-on-year in the second quarter, the lowest in a decade and widely missing economists' forecasts, according to official estimates released on Friday.
DETROIT: An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles. A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford's self-driving ...
U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."
PARIS: Boeing has reassigned the head of its next airplane project to run the troubled 737 programme, according to a memo seen by Reuters on Thursday (Jul 11), as the grounding of its 737 MAX in the wake of two accidents commands the US planemaker's full attention. Kevin McAllister, chief ......
SINGAPORE: Singapore’s economy grew by a meager 0.1 per cent year-on-year in the second quarter of 2019, missing expectations and slowing from the previous quarter as the manufacturing sector weakened further, according to advance estimates released by the Ministry of Trade and Industry on Friday ...
WASHINGTON: A US House of Representatives panel will hold a hearing next week on aviation safety in the aftermath of two deadly Boeing 737 MAX crashes since October. The Jul 17 hearing by the House Transportation Committee's subcommittee on aviation will include Paul Njoroge, who lost his wife ...
