Category: Economy

FirstBank, the largest Colorado-based bank with $27 billion in assets, is growing its presence in downtown Denver with the consolidation of operations and additional office space. The bank planned a … Read More

WASHINGTON — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking … Read More

Kicking off the first fully in-person Denver Startup Week since 2019, several entrepreneurs said the metro area is now on the map when it comes to business hot spots. The … Read More

By DAMIAN J. TROISE and STAN CHOE NEW YORK (AP) — Wall Street closed its first losing week in the last four with an up-and-down Friday, as investors brace for … Read More

SINGAPORE – Singapore and South Korea agreed on a new pact that will set rules and standards for digital trade and partnership between the two countries. Korea’s Minister for Trade … Read More

SINGAPORE (BLOOMBERG) – Gold held onto last Friday’s (Dec 3) gain amid risk-off sentiment as investors weigh mixed labour data from the United States, the Federal Reserve’s hawkish tilt and … Read More

SINGAPORE – A looming lack of electrical steel could compound an ongoing component shortage faced by car-makers and lead to longer delivery delays for electrical vehicles (EVs). EV buyers globally … Read More

SINGAPORE – As consumer prices keep edging up worldwide, higher inflation threatens to become a more lasting legacy of the economic recovery from the Covid-19 downturn. The combined effect of … Read More

SINGAPORE (BLOOMBERG) – Cryptocurrencies fell on Tuesday (Nov 16), with Bitcoin sliding towards the US$60,000 level and Ether touching one of its lowest levels this month. Bitcoin, the largest digital … Read More

BEIJING (CAIXIN GLOBAL) – China’s gross domestic product (GDP) growth is expected to slow even further in the fourth quarter, as outbreaks of Covid-19 across the country, power shortages, surging … Read More

SINGAPORE – The new Vaccinated Travel Lane between Singapore and Kuala Lumpur is expected to be well utilised when it opens on Nov 29, and those looking at the Singdollar/Malaysian … Read More

SINGAPORE (THE BUSINESS TIMES) – Hotel occupancies and revenue per available room (RevPAR) were at their highest all year last month, Singapore Tourism Board (STB) data showed. The latest uptick … Read More