Aradhana Aravindan

Singapore cuts 2019 core inflation forecast as prices hit 3-year low

23 Aug 2019

SINGAPORE Singapore's core inflation eased to its slowest pace in more than three years in July, data showed on Friday, prompting authorities to downgrade their full-year forecast amid firming bets for monetary policy easing.

Grab commits $2 billion to Indonesia with SoftBank's backing

29 Jul 2019

JAKARTA/SINGAPORE Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market.

Exclusive: Bearing brunt of trade war, Singapore chipmakers cut jobs

24 Jul 2019

SINGAPORE Caught between a Sino-U.S. trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters.

Thales CEO says makes sense for Europe to combine fighter projects

19 Jul 2019

SINGAPORE The head of French defence electronics group Thales, said it would make sense for major European countries to combine efforts to build a new generation of fighter jets.

Thales says makes sense for Europe to combine fighter projects

18 Jul 2019

SINGAPORE, July 18 The head of Europe's largest defence electronics maker, France's Thales, has urged major European countries to combine efforts to build a new generation of fighter jets.

WeWork to lease 21-storey Singapore office tower after HSBC moves out

17 Jul 2019

SINGAPORE WeWork Cos will lease a 21-storey building in Singapore's prime financial district that is currently leased to HSBC, marking an expansion by the U.S. co-working space provider in Asia.

Singapore exports drop most in six years as electronics slump

17 Jul 2019

SINGAPORE Singapore's exports fell more than expected in June, marking their biggest decline in six years, as the city-state struggles against tepid global demand and the Sino-U.S. trade war.

Braving curbs, Chinese buyers lead foreign revival in Singapore's luxury homes

14 Jul 2019

SINGAPORE Foreigners are once again pouring money into Singapore's high-end property market despite hefty levies introduced last year.

Chance of Singapore easing monetary policy rises as economy flatlines: poll

12 Jul 2019

SINGAPORE Singapore's central bank is increasingly likely to ease monetary policy at its semi-annual meeting in October in a bid to boost an export-reliant economy being choked by the U.S.-China trade war, economists said on Friday.

UPDATE 3-Brazil searches Sembcorp Marine shipyard in graft probe; shares tumble

03 Jul 2019

* Comes as firm struggling with falling profits (Adds details, context throughout; updates share prices)

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