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Economy heavily dependent on exports to developed world is one of the first in Asia to be hit by global slowdown Singapore officially slid into recession today after falling consumer demand from the US and Europe hammered its...
By Annika Breidthardt SINGAPORE (Reuters) - Oil prices fell five percent to $82 a barrel, a one-year low, as fears that market turmoil will send demand for fuel slumping outweighed news that OPEC will hold an emergency meeting...
A journalist arrested for drug offences in Singapore could be jailed for 20 years and be given 15 cane strokes. Australian Peter Lloyd, 41, faces five charges relating to drug trafficking and possessing a small amount of...
ROME, Oct 10 (Reuters) - India will host a Formula One race for the first time in 2011, the sport's commercial supremo Bernie Ecclestone said on Friday. "We have India and here I can say that the grand prix will be inserted...
The FTSE 100 fell below 4,000 for the first time in five years Stock markets across Europe have fallen steeply on opening after earlier dramatic share price falls in Asia. The FTSE 100 share index plunged 9.8% to 3887 points,...
