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(NEW YORK) Orders for US durable goods unexpectedly increased in July, indicating growing demand from abroad is still helping companies weather a slump in consumer spending.

Another quiet, listless session

Singapore Companies

STI opens flat

(NEW YORK) Orders for US durable goods unexpectedly increased in July, indicating growing demand from abroad is still helping companies weather a slump in consumer spending.

STI opens flat

Singapore Companies

Clearly, not time to bottom-fish yet

(NEW YORK) Orders for US durable goods unexpectedly increased in July, indicating growing demand from abroad is still helping companies weather a slump in consumer spending.

Citi may merge New York offices, pare expenses

(NEW YORK) Citigroup Inc may consolidate some midtown Manhattan offices and ordered employees to pare expenses such as unnecessary colour copies, as the largest US bank struggles to cut costs.

Global ad agency WPP looks to Asia for growth

WITH the advertising industry in the West down in the dumps, international advertising, branding and communications giant WPP is setting its sights on China and other parts of Asia to keep on growing during the economic slowdown.

Clearly, not time to bottom-fish yet

Singapore Companies

Chuan Soon Huat MD charged

THE managing director of Chuan Soon Huat Industrial Group (CSH) and four other former directors of the company were yesterday charged in court with failing to disclose a change in the effective control of the mainboard-listed furniture firm.

KTL looks to Gulf, JVs for expansion

OIL-and-gas rigging equipment supplier KTL Global - which has just moved to a bigger $30 million base in Tuas - is now looking to expand further, including through a Middle East facility which it hopes to set up by end-2009, as well as by joint ventures (JVs) and acquisitions.

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