SINGAPORE: Despite trade tensions and other global uncertainties slowing down the economy to levels last seen a decade ago, investments into the country seem to have held steady so far.Singapore attracted almost S$8.1 billion in fixed asset investment (FAI) commitments during the first six months of 2019, according to figures from the Economic Development Board (EDB) released as part of the second-quarter economic report last week. In fact, the overall investment figure already falls within the EDB’s full-year forecast of S$8 billion to…

In today's modern world, data has become the new gold. Yet, too much data can cause problems of its own, making it increasingly difficult for businesses big and small to understand how to extract insightful and important information from the large stockpiles of data they've obtained. Even more worrying is how this mass of data, when used incorrectly, affects entrepreneurs who are looking to obtain a commercial loan for their business. To better serve business owners and the 28.8 million small businesses…

Banks have disbursed retail loans at the slowest rate in five years in the first half of 2019, latest data from RBI showed, amidst growing concerns of sluggish consumption demand and rising unemployment pegging down the country’s economic growth. As per RBI’s monthly sectoral deployment of credit data analysed by ET, the retail personal credit disbursement growth in the first half of 2019 between January and June was 7.3%. The credit growth in the first half 2018 was 7.7% while…

Investment money, unhappy with low interest rates and low growth in South Korea, is pouring into emerging Asian markets. Asean and India, with Vietnam at the centre, are the main destinations. These markets have greater volatility, higher investment risk, but at the same time the return on investment is relatively high. On June 17, association of South Korea's financial investment, according to south Korean domestic investors to invest in the amount of investment funds overseas there're a total of 3.16…

US President Donald trump and first lady melania trump arrived in Japan on May 25 for a four-day state visit. In Japan, trump urged business leaders to invest more in the United States, saying there has never been a better time to do so. Trump's visit to Japan is the first by a foreign head of state since Japan entered the new era, fox news and Reuters reported. Trump said he wants to address the U.S. -japan trade imbalance and…

The Commerce Department said May 23 it is proposing to impose anti-subsidy duties on products from countries that hold down their currencies against the dollar. The move is likely to result in higher taxes on Chinese exports to the us and further intensifies us attacks on global trade rules. Others who could face the same fate include Japan, South Korea, India, Germany and Switzerland. The Federal Register said in a May 23 notice that the new rules would allow U.S.…

Governor cuomo's budget amendment would have a revenue shortfall of $2.6 billion. To fill the gap, Mr Cuomo has made adjustments to a number of budget allocations. Mr Cuomo recently announced that income tax revenues for the new fiscal year were $2.3 billion lower than expected because of the poor performance of the stock market and the migration of the wealthy, blaming the new tax law for the problem. State and local taxes (SALT), in particular, are capped at $10,000,…

Australian Banks issue "fake silver paper"? Australia's central bank confirmed on Thursday that a new a $50 note issued in October had three places where the word "responsibility" was replaced by "responsibilty", missing an "I". A total of 46 million new notes were printed, many of them out of the market, and it remains unclear how to remedy them. The new note introduces new security features to epitomise Australia's first female mp Edith. Edith Cowan's maiden speech to congress in…

The dollar index rose 1.3 percent in the first two weeks to 98.3, its highest since the middle of 2017, and some experts worry that continued dollar strength will weigh on s&p earnings and hurt stocks further. Savita Subramanian, equity and quantitative strategist at bank of America merrill lynch, estimated in an April 29 report that the dollar's strength this year will reduce the earnings of s&p 500 companies by 2.1 percent, the biggest impact since the fourth quarter of…

The United States dollar outstanding interest deposit year interest rate 3% or 4% is not enough to see, forever abundant bank hits on April 29 yesterday "5 word head" the plan, the United States dollar fixed deposit five months period year interest goes up to rush 5.2%, in order to support the overseas loan demand. Have also aimed at small endowment, but only in the annual interest "3" "other soil was huge pressure, the bank has been actively to the…