Singapore News

The greenback edged lower versus the euro and held steady against a basket of currencies, while unseasonably warm weather in the northeastern United States implying soft demand for heating oil kept a lid on prices. "The dollar is flat and...

Crude oil prices dropped to under $78 per barrel in part because the weather has been nice, industry analysts said. The price of December delivery light, sweet crude "fell below $80 per barrel, as the U.S. dollar rebounded against the...

Doubts about the pace of economic recovery hit Asian markets on Thursday, with Japanese stocks falling to a four-month low. News this week that Mitsubishi UFJ Financial Group, Japan's largest bank, will have to raise $11 billion in new shares...

Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling. Dallas Fed President Richard Fisher said in an interview with Market News International...

Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years because of a sluggish recovery in the U.S. and other developed countries. The forecast came Thursday as the...

A Senate committee passed legislation on Wednesday that would increase government oversight of the U.S. food supply, which has been battered by a series of high-profile recalls that have soured consumer confidence in the food safety system. The bill would...

Nepal is abuzz with speculation over Pushpa Kamal Dahal Prachanda’s sudden visit to Singapore, where he will meet an ailing G.P. Koirala, with a report saying the Maoist chief’s meeting with the Nepali Congress president may be aimed at finding...