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FINANCE NEWS

Under-fire GM launches 'product offensive' in China
Fri 7:03am AFP
US automaker General Motors has begun unveiling an unprecedented number of new models in China, where it has gone on the offensive as it faces bank...
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Asian markets tumble as economic gloom deepens
Fri 12:34am AFP
Global markets suffered fresh turmoil Thursday, with Asian stocks plunging as a sharp drop in Japanese exports added to gloom about the outlook for...
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Hedge fund fighters deal with market pounding in the boxing ring
Fri 12:21am AFP
Is it more painful to see the value of your fund disappear as the global economy crumbles, or for another man to punch you as hard as he can in the...
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SKorea's Samsung says it wins 1.4 bln dlr order
Thu 11:15pm AFP
South Korea's Samsung Heavy Industries, the world's second-biggest shipbuilder, said Thursday it has won a contract worth 1.44 billion dollars to b...
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China announces tax cuts to help textile industry
Thu 11:10pm AFP
The Chinese government has announced a series of tax cuts aimed at helping the country's textile industry through the global financial crisis.
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GM launches 'product offensive' in China: state media
Thu 11:04pm AFP
US automaker General Motors has unveiled an "unprecedented" number of new models in China, where it has gone on the offensive as it faces bankruptc...
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Asia-Pacific nations tackle economic crisis
Thu 10:47pm AFP
Top officials from the Asia-Pacific region were Thursday to urge joint efforts to overcome the world economic crisis and try to breathe new life in...
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China Internet giant Baidu's stock price dives amid allegations
Thu 9:14pm AFP
Shares in China's Nasdaq-listed Internet giant Baidu have dived more than a third amid allegations it gave unlicensed medical firms prominent expos...
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INVESTING

STI 1,613.95 Down 51.64 (3.10%)Edit
Straits Times Index
STI1,613.95 -51.64(-3.10%)
SESDAQ206.88 0.00(0.00%)
BT-SRI1,788.37 0.00(0.00%)
KLSE Comp865.32 -12.33(-1.40%)
Nikkei 2257,703.04 0.00(0.00%)
Hang Seng12,298.56 0.00(0.00%)
Dow7,552.29 -444.99(-5.56%)
Nasdaq1,316.12 -70.30(-5.07%)
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EUR vs. SGD1.9084
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