(Reuters) – European shares edged higher on Wednesday ahead of a Brexit summit and a policy meeting of the European Central Bank, with Spanish shares rising for the first time in three days. The regional STOXX 600 index was up 0.2 percent at 0929 GMT after flitting between slight gains and losses, led by advances […]

LONDON (Reuters) – The Norwegian crown held at its highest level against the euro in five months on Wednesday after stronger-than-expected inflation data raised expectations of another interest rate hike from the central bank in the coming months. Norway’s core CPI for March came in at 2.7 percent compared with market expectations of 2.5 percent, […]

WELLINGTON (REUTERS) – All but one member of New Zealand’s parliament voted on Wednesday (April 10) to change gun laws, less than a month after deadly shooting attacks on two Christchurch mosques that killed 50 people. The gun reform Bill, which passed 119-1 after its final reading in parliament, must now receive royal assent from […]

(Reuters) – European shares advanced on Wednesday ahead of a Brexit summit and a policy meeting of the European Central Bank, with Spanish shares rising for the first time in three days. The regional STOXX 600 index was up 0.2 percent at 0728 GMT after flitting between slight gains and losses, led by advances in […]

SINGAPORE – Four customer service associates who allegedly accepted bribes in exchange for under-reporting the weight of passengers’ baggage on Scoot Tigerair flights were each charged with one count of corruption on Wednesday (April 10). Court documents did not state where the men purportedly committed the offences but they are said to have accepted cigarettes […]

SHANGHAI (Reuters) – The world’s biggest money market mutual fund, overseen by the Chinese billionaire Jack Ma’s Ant Financial Group, has relaxed some restrictions on individual investments to stanch a rise in redemptions. Tianhong Yu’e Bao scrapped personal investment quota requirements and a daily subscription cap effective April 10, Tianhong Asset Management Co, the fund’s […]

SINGAPORE – Singapore has again clinched the top spot in a biennial ranking of the world’s leading maritime capitals, the fourth time it has done so. The Republic has consistently topped the Leading Maritime Capitals Of The World report – released once every two years by risk management firm DNV GL and consultancy firm Menon […]

MANILA (BLOOMBERG) – The United States has sent a fighter jet-carrying warship to join drills near the disputed Scarborough Shoal for the first time, sending a pointed message to China as tensions simmer over territorial claims in the region. The USS Wasp – an amphibious assault ship outfitted last year with F-35B jets – joined […]

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank was seeking to create a condition in which any acceleration in inflation is accompanied by rises in corporate profits and wages. “The BOJ isn’t seeking to push up inflation alone. We want to create a situation where wage and employment […]

Lawyers for five Aljunied-Hougang town councillors, including three Workers’ Party MPs, have argued that the maximum amount they can be sued for over alleged improper payments is slightly more than $620,000, not millions of dollars. They made the argument in the High Court yesterday before Justice Kannan Ramesh, who is presiding over a $33.7 million […]