By Brett Wolf Fri May 17, 2013 12:34pm EDT ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating t...
By Masayuki Kitano SINGAPORE | Fri May 17, 2013 12:36am EDT SINGAPORE (Reuters) - The dollar held firm near a 10-month high versus a basket of currencies on Friday after a U.S. Federal Reserve official said the central bank may begin to taper its asset buying this summer, while Asian ...
By Vidya Ranganathan and Umesh Desai SINGAPORE | Tue May 14, 2013 1:59am EDT SINGAPORE (Reuters) - Investors are becoming increasingly picky about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning. The ...
By Vidya Ranganathan SINGAPORE | Fri May 10, 2013 8:17am EDT SINGAPORE (Reuters) - The yen's fall past 100 per dollar highlights growing concerns about ultra-loose monetary policy around the globe and raises the prospect that policymakers elsewhere may take action to protect their eco...
By John O'Callaghan SINGAPORE | Thu May 9, 2013 8:58am EDT SINGAPORE (Reuters) - The parents of Shane Todd, an American engineer found dead in Singapore last year, intend to prove at a coroner's inquiry that he was murdered over a project they say involved the illegal transfer of sens...
By Douwe Miedema WASHINGTON | Mon May 6, 2013 6:32pm EDT WASHINGTON (Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules, a top official at the agency said. Bart Chilton, one of five commissioners at the Comm...
By Douwe Miedema WASHINGTON | Mon May 6, 2013 6:32pm EDT WASHINGTON (Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules, a top official at the agency said. Bart Chilton, one of five commissioners at the Comm...
By Rachel Armstrong SINGAPORE | Mon May 6, 2013 5:25pm EDT SINGAPORE (Reuters) - Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. His manager told h...
By Rachel Armstrong SINGAPORE | Mon May 6, 2013 5:25pm EDT SINGAPORE (Reuters) - Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. His manager told h...
* Rate-setting scandals in US, London triggered review in Singapore * Review finds NDF traders colluding to manipulate currencies-Reuters * Banks fire dozens of traders, review continues * Traders say they had to "chat" to find "price discovery" * They say rate-setting by central bank...
By Ian Chua and Vidya Ranganathan SYDNEY/SINGAPORE | Sun May 5, 2013 11:53pm EDT SYDNEY/SINGAPORE (Reuters) - Asian stocks rose on Monday as investors gave the thumbs up to an upbeat U.S. labor force report that sent Wall Street to an all-time closing high last week, while the dollar ...
By Fayaz Bukhari and Satarupa Bhattacharjya SRINAGAR/NEW DELHI, Indian | Sun May 5, 2013 2:53pm EDT SRINAGAR/NEW DELHI, Indian (Reuters) - India and China simultaneously withdrew troops from camps a few meters apart in a Himalayan desert on Sunday, apparently ending a three-week stand...
By Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE | Sun May 5, 2013 5:29pm EDT SINGAPORE (Reuters) - Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of ...
By Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE | Sun May 5, 2013 5:29pm EDT SINGAPORE (Reuters) - Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of ...
By Saeed Azhar and Janeman Latul SINGAPORE/JAKARTA | Sun May 5, 2013 5:08pm EDT SINGAPORE/JAKARTA (Reuters) - Indonesia is expected within days to give a green light to its biggest foreign bank takeover, but sources say the deal conditions are likely to send a very different signal: f...
By Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE | Sun May 5, 2013 5:29pm EDT SINGAPORE (Reuters) - Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of ...
* Q1 sales 3.75 bln vs Rtrs poll avg 3.78 bln * Q1 opg profit 442 mln eur vs Rtrs poll avg 421 mln * Says new Boost running shoes almost sold out * Confirms 2013 outlook but curbs Reebok sales view * Shares rise 7.5 percent to new high By Victoria Bryan FRANKFURT, May 3 (Reuters) - Ge...
* Q1 sales 3.75 bln vs Rtrs poll avg 3.78 bln * Q1 opg profit 442 mln eur vs Rtrs poll avg 421 mln * Confirms 2013 outlook * Shares indicated 1.2 pct higher FRANKFURT, May 3 (Reuters) - Germany's Adidas posted its highest-ever gross profit margin as the sale of higher-priced products ...
* Trust set to debut in Singapore on May 29 * Soros, Och-Ziff among cornerstone investors in $1.1 bln IPO SINGAPORE May 2 (Reuters) - Asian Pay Television Trust (APTT), backed by funds linked to Australia's Macquarie Group Ltd, plans to raise up to $1.1 billion in a Singapore IPO, bet...
By Jeremy Wagstaff SINGAPORE | Sun Apr 28, 2013 5:05pm EDT SINGAPORE (Reuters) - Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for ...
WASHINGTON | Wed Apr 24, 2013 4:25pm EDT WASHINGTON (Reuters) - Singapore has shown "tremendous interest" in the F-35 Joint Strike Fighter developed by Lockheed Martin Corp (LMT.N ) and will likely decide by this summer whether to buy the new warplane, the Pentagon's F-35 program chie...
April 23 - Sure, the Bitcoin is a high risk investment. But there's a good chance the virtual currency will continue its meteoric rise, according to Mark Karpeles, CEO of Mt. Gox, the dominant Bitcoin exchange.
By John O'Callaghan SINGAPORE | Sun Apr 21, 2013 9:22pm EDT SINGAPORE (Reuters) - They crammed into an art cafe in Singapore and pulled no punches, deriding authoritarian officials who ruled with an "iron fist" and complaining that government ministers with million-dollar salaries wer...
By John O'Callaghan SINGAPORE | Sun Apr 21, 2013 5:08pm EDT SINGAPORE (Reuters) - They crammed into an art cafe in Singapore and pulled no punches, deriding authoritarian officials who ruled with an "iron fist" and complaining that government ministers with million-dollar salaries wer...
By John O'Callaghan SINGAPORE | Sun Apr 21, 2013 5:08pm EDT SINGAPORE (Reuters) - They crammed into an art cafe in Singapore and pulled no punches, deriding authoritarian officials who ruled with an "iron fist" and complaining that government ministers with million-dollar salaries wer...
SINGAPORE, March 18 | Tue Apr 16, 2013 9:47pm EDT SINGAPORE, March 18 (Reuters) - Singapore's non-oil domestic exports (NODX) rose 8.0 percent in March from February after seasonal adjustments, beating expectations, in a sign that its manufacturing sector has begun to stabilise after ...
Singapore shares fell as weaker-than-expected data from the United States and China raised concerns about the global economic outlook. The Straits Times Index was down 0.3 percent at 3284.63 points, while MSCI's broadest index of Asia-Pacific shares outside Japan shed 1.3 percent. The...
Singapore Press Holdings Ltd (SPH) fell to the lowest in a month after the media and property firm posted a 15 percent drop in second-quarter net profit. Shares of SPH fell as much as 5.9 percent to S$4.33, the lowest level since March 11. It is the most actively traded stock by value...
By Kevin Lim SINGAPORE | Sun Apr 14, 2013 10:04pm EDT SINGAPORE (Reuters) - The World Bank on Monday scaled back slightly its 2013 growth forecasts for developing East Asia and warned about possible over-heating in the region's larger economies that could stoke inflation and asset bub...
By Kevin Lim SINGAPORE | Mon Apr 15, 2013 1:02am EDT SINGAPORE (Reuters) - The World Bank on Monday scaled back slightly its 2013 growth forecasts for emerging East Asia and warned about possible over-heating in the region's larger economies, but the global lender said the Bank of Jap...