economic slowdown

RHB’s data suggests that Singapore’s economic growth momentum will moderate in 2H2022, avoiding a technical recession in 3Q2022.

The Dow components then included some counters that are still thriving — General Electric, US Steel and Western Union. Other companies such as Utah Copper and Westinghouse have merged into Chevron Corp and Rio Tinto.

The move, which will start in April, will see Temasek halt all raises and salary increases linked to promotions.

SINGAPORE (Oct 13): Singapore’s retail sales have contracted for the seventh consecutive month, falling 4.1% year-on-year in August, according to the Department of Statistics (DOS).

SINGAPORE (Jan 23): Singapore has registered a rise in consumer prices for the first time in two years with headline inflation coming in 0.2% in Dec 2016, according to a joint release between the Monetary Authority of Singapore (MAS) and the Ministry of T

SINGAPORE (Oct 10): RHB is downgrading Acromec to “neutral” with a target price of 78 cents, citing a slowdown in government tenders and potential competition from oil and gas engineering companies.

SHANGHAI (Sept 7): China’s four biggest banks reported that staff numbers fell by the most in at least six years in the first half, highlighting the possibility that employment has peaked at the firms that are the world’s biggest providers of banking