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Business

Wall Street set to open lower as trade war fear grips markets

BENGALURU: Wall Street looked set to open lower on Monday as investors remained concerned about the increasing likelihood of a global trade war following President Donald Trump's threat to impose hefty tariffs.

Business

Quality investments spur industrial growth

The Government is taking steps to create more accessible opportunities for investors.

Business

Singapore pharma on recovery path

Pharmaceuticals manufacturing expected to be robust in 2018

Business

Novartis bets big on gene therapy with US$8.7bil AveXis deal

ZURICH: Novartis is moving further into gene therapy with a US$8.7 billion deal for AveXis that gives the Swiss drugmaker a rare-disease treatment seen reaping billions in sales and bolsters its technology base.

Business

GFM gets RM33.4mil contract from Perkeso

PETALING JAYA: GFM Services Bhd has received a letter of award valued at RM33.4mil from the Social Security Organisation (Perkeso) to provide integrated facilities management services for Perkeso’s Rehabilitation Centre in Melaka through an open tender.

Economy

Singapore Q2 GDP growth slows as trade tensions cloud outlook

SINGAPORE: Singapore's economic growth eased in the second quarter and missed forecasts, preliminary data showed on Friday, as manufacturing activity cooled and worsening U.S.-China trade tensions clouded the outlook for the trade-reliant city-state.

Business

Singapore tightens monetary policy on steady growth outlook

SINGAPORE: Singapore’s central bank tightened monetary policy for a second time this year, encouraged by steady economic growth despite worsening U.S.-China trade tensions.

Business

UCrest Q1 profit climbs to a new high

KUALA LUMPUR: UCrest Bhd, the healthcare cloud system provider, posted a 63% jump in net profit to RM4.94mil in the first quarter ended Aug 31.

Business

Canadian firm to bring cannabis products to UK

LONDON: Canopy Growth Corp has joined forces with a UK researcher of cannabis-based therapies after the British government moved to liberalise the use of medical marijuana.

Economy

Singapore Feb factory output expands 0.7% y-o-y

SINGAPORE: Singapore’s industrial production in February expanded slightly on a year-on-year basis and beat expectations, helped by growth in biomedical manufacturing, data showed on Tuesday.