reuters.com Archives - 04 May 2016, Wednesday

  • Bangladeshi group met in parks, plotted attacks, says Singapore

    reuters.com 04 May '16, 8am

    SINGAPORE/DHAKA Eight Bangladeshi men held in Singapore for allegedly plotting attacks in their homeland had formed an Islamist cell that met in parks and open fields and shared radical propaganda and videos, authorities in the city-state said on Wednesday. The Ministry of Home Affair...

  • Dhaka arrests five Bangladeshis deported from Singapore

    reuters.com 04 May '16, 7am

    DHAKA Police in Bangladesh have arrested five men deported from Singapore as part of an investigation into an alleged Islamist plot to carry out attacks in the South Asian country, authorities in Dhaka said. Singapore's Ministry of Home Affairs (MHA) said on Tuesday it had detained ei...

  • Oil prices stabilize after 6 percent fall since late April: SINGAPORE (Reuters) - Oil prices stabilized on We...

    Oil prices stabilize after 6 percent fall since late April

    reuters.com 04 May '16, 2am

    SINGAPORE Oil prices stabilized on Wednesday after falling for two straight days on concerns that slowing demand and rising Middle East production would extend a global supply overhang. International Brent crude futures LCOc1 were trading at $45.10 per barrel at 9.40 p.m. ET, up 13 ce...

  • Singapore set to pick military helicopters as arms spending rises

    reuters.com 04 May '16, 12am

    SINGAPORE Singapore will soon pick the winner of a $1 billion tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernizes its air force and navy amid rising tensions in the region. With Southeast Asia’s largest defense b...

  • Singapore set to pick military helicopters as arms spending rises

    reuters.com 03 May '16, 11pm

    SINGAPORE Singapore will soon pick the winner of a $1 billion tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernizes its air force and navy amid rising tensions in the region. With Southeast Asia’s largest defense b...

  • Singapore set to pick military helicopters as arms spending rises

    reuters.com 03 May '16, 11pm

    SINGAPORE Singapore will soon pick the winner of a $1 billion tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernizes its air force and navy amid rising tensions in the region. With Southeast Asia’s largest defense b...

  • Singapore set to pick military helicopters as arms spending rises

    reuters.com 03 May '16, 11pm

    SINGAPORE Singapore will soon pick the winner of a $1 billion tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernizes its air force and navy amid rising tensions in the region. With Southeast Asia’s largest defense b...

  • Singapore holds eight Bangladeshis for planning terror attacks in home country

    reuters.com 03 May '16, 9am

    SINGAPORE Singapore has detained eight Bangladeshi men planning to stage terror attacks in their home country as the Islamic State in Bangladesh (ISB), the city state said on Tuesday, the second group of Bangladeshis investigated in the past six months. The men, aged 26 to 34, were wo...

  • Oil prices dip on rising Middle East supply: SINGAPORE (Reuters) - Oil prices dipped in early Asian trading o...

    Oil prices rise as dollar slips to 18-month low against yen

    reuters.com 03 May '16, 1am

    SINGAPORE Oil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, but gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. The international Brent crude benchmark LCOc1 was ...

  • Banks, tech companies move on from bitcoin to blockchain

    Banks, tech companies move on from bitcoin to blockchain

    reuters.com 02 May '16, 11pm

    NEW YORK As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we've moved on. That's because bitcoin, the digital currenc...

  • Australian Craig Wright says he is bitcoin creator: BBC

    reuters.com 02 May '16, 7am

    SYDNEY Australian tech entrepreneur Craig Wright has told the BBC he was the creator of controversial digital currency bitcoin after years of speculation about a person who until now has gone by the name of Satoshi Nakamoto. The BBC reported on Monday that Wright gave some technical p...

  • @accionempresa SINGAPORE (Reuters) - Oil prices dipped in early Asian trade on Monday as ri...

    Oil prices fall on rising OPEC crude production

    reuters.com 02 May '16, 12am

    SINGAPORE Oil prices dipped in early Asian trade on Monday as rising production in the Middle East outweighed falling U.S. output and the recent slide in the dollar, which has been supporting crude. Brent futures LCOc1 were trading at $47.05 per barrel at 0028 GMT () on Monday, down 3...

  • IBM launches new cloud services for blockchain

    reuters.com 29 Apr '16, 2pm

    NEW YORK IBM on Friday announced new services to help companies design and develop blockchain technology in a secure environment in the cloud, a network of computers where users are increasingly storing their data and computing work. The blockchain, the underlying technology behind bi...

  • Oil prices dip on looming OPEC production rise: SINGAPORE (Reuters) - Crude oil prices fell in early trading

    Oil prices dip on looming OPEC production rise

    reuters.com 29 Apr '16, 1am

    SINGAPORE Crude oil prices fell in early trading on Friday as a looming rise in Middle East output may drag on the stronger markets seen in April, although falling U.S. production and a weakening dollar are still offering support. International benchmark Brent crude futures were tradi...

  • Former BSI Singapore banker hit with new charges in 1MDB-linked case

    reuters.com 28 Apr '16, 9am

    SINGAPORE Singapore on Thursday charged a former wealth manager at Swiss-based private bank BSI with cheating and obstructing justice, in a case related to a money laundering investigation linked to Malaysia's troubled state fund 1MDB. Singapore's investigation is looking at bank acco...

  • Ex-banker in Singapore faces two more charges in 1MDB-linked case

    reuters.com 28 Apr '16, 9am

    SINGAPORE Singapore charged a former wealth manager at Swiss-based private bank BSI with cheating and obstructing justice on Thursday in a case related to a money laundering investigation linked to Malaysia's embattled 1MDB investment fund. Yeo Jiawei, a 33-year-old Singaporean, was a...

  • Crude oil prices take a breather after hitting 2016 highs: SINGAPORE (Reuters) - Crude futures pulled back fr...

    Crude oil prices take a breather after hitting 2016 highs

    reuters.com 28 Apr '16, 1am

    SINGAPORE Crude futures pulled back from 2016 highs early on Thursday as traders locked in profits after April's sharp rally, but analysts said falling U.S. production and strong investor appetite could push prices higher. International Brent crude futures were trading at $47.02 per b...

  • Oil prices jump on weak dollar, strong investor appetite

    reuters.com 27 Apr '16, 12am

    SINGAPORE Crude oil futures rose half a dollar in early Asian trading on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month's bull-run could soon run out of steam. International Brent crude futures wer...

  • RPT-UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes

    reuters.com 27 Apr '16, 12am

    (Repeats story published late Tuesday. No change to text.) * Temasek names Song Hwee, Dilhan as presidents * Brings sector and market investments teams in new group * Sovereign wealth fund GIC also made management changes SINGAPORE, April 26 Singapore's Temasek Holdings said it would ...

  • RPT-UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes

    reuters.com 27 Apr '16, 12am

    (Repeats story published late Tuesday. No change to text.) * Temasek names Song Hwee, Dilhan as presidents * Brings sector and market investments teams in new group * Sovereign wealth fund GIC also made management changes SINGAPORE, April 26 Singapore's Temasek Holdings said it would ...

  • ECB experiments with technology behind bitcoin: Mersch

    ECB experiments with technology behind bitcoin: Mersch

    reuters.com 26 Apr '16, 1pm

    FRANKFURT The European Central Bank is doing "experimental work" with the same ledger technology that underpins virtual currency bitcoin but it needs further research before considering adopting it, an ECB executive board member said on Monday. Yves Mersch said the ECB would look into...

  • UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes

    UPDATE 1-Singapore's Temasek revamps investment teams, Americas head goes

    reuters.com 26 Apr '16, 11am

    * Temasek names Song Hwee, Dilhan as presidents * Brings sector and market investments teams in new group * Sovereign wealth fund GIC also made management changes (Adds quote from analyst, details on Temasek CEO) SINGAPORE, April 26 Singapore's Temasek Holdings said it would combine i...

  • Oil futures rise on weaker dollar, new cash inflows: SINGAPORE (Reuters) - Crude oil futures rose early on Tue...

    Oil futures rise on weaker dollar, new cash inflows

    reuters.com 26 Apr '16, 1am

    SINGAPORE Crude oil futures rose on Tuesday, pushed up by a weaker dollar and a flood of new cash into the market, but analysts warned that fundamentals remain weak as a producer race for customers heats up in the Middle East. Front-month Brent crude futures LCOc1 were trading at $44....

  • Oil rises on weak dollar, Treasury yields hit five-week high ahead of FOMC

    reuters.com 26 Apr '16, 1am

    NEW YORK The dollar fell on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while U.S. Treasury yields touched five-week highs as traders made room for government debt supply ahead of the centra...

  • @accionempresa BEIJING/SINGAPORE (Reuters) - Caterpillar Inc , the world's largest maker of

    Not the bottom yet, but Caterpillar raises hope of China rebound

    reuters.com 25 Apr '16, 12pm

    BEIJING/SINGAPORE Caterpillar Inc (CAT.N ), the world's largest maker of heavy equipment, has raised hopes that China's battered construction sector may be showing signs of life, pointing to its strongest post-holiday period in three years after a government boost. Ahead of a key week...

  • Next oil downturn? Looming gasoline glut threatens crude's rebound

    reuters.com 25 Apr '16, 10am

    SINGAPORE A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as the main engine of global demand growth for the past several years starts to sputter amid signs of a gasoline glut. Crude oil LCOc1 has rallied more two-thirds from its mid-Janu...

  • @accionempresa SINGAPORE (Reuters) - A rebound in oil prices this year from 12-year lows is

    Next oil downturn? Looming gasoline glut threatens crude's rebound

    reuters.com 25 Apr '16, 10am

    SINGAPORE A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as the main engine of global demand growth for the past several years starts to sputter amid signs of a gasoline glut. Crude oil LCOc1 has rallied more two-thirds from its mid-Janu...

  • Oil prices set for one of the biggest weekly rises in 2016: SINGAPORE (Reuters) - Oil prices rose in Asian tra...

    Oil prices set for one of the biggest weekly rises in 2016

    reuters.com 22 Apr '16, 1am

    SINGAPORE Oil prices rose in Asian trade on Friday, setting crude futures on course for one of their biggest weekly gains this year, as sentiment has become more upbeat despite ongoing oversupply. International benchmark Brent crude futures were trading at $45.09 per barrel at 0054 GM...

  • Yen falls on rate cut talk; profits hit U.S. stocks

    reuters.com 22 Apr '16, 12am

    NEW YORK Speculation that the Bank of Japan could effectively start paying banks to borrow its cash caused the yen to tumble on Friday, while U.S. stocks fell on disappointing profit reports from some top companies. Shares of Google's parent, Alphabet, dropped 5.7 percent to $735.72, ...

  • In China's shadow, SE Asia looks to replace aging fighter jets: SINGAPORE/KUALA LUMPUR (Reuters) - With an eye...

    In China's shadow, SE Asia looks to replace aging fighter jets

    reuters.com 21 Apr '16, 11pm

    SINGAPORE/KUALA LUMPUR With an eye on China's more muscular stance in the South China Sea, Southeast Asian governments are stepping up efforts to replace aging fighter aircraft fleets, paving the way for multi-billion dollar deals in a boon for warplane makers. Despite tight budgets a...