SINGAPORE – Retail sales in Singapore edged up 1.1 per cent in November from the previous year, according to figures released by the Department of Statistics (Singstat) on Friday (Jan 13).
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George Soros, the billionaire hedge-fund manager and liberal financier, lost nearly $1 billion after becoming bearish after Donald Trump's election victory, The Wall Street Journal reported.
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Federal Reserve Chair Janet Yellen said the U.S. economy faces no serious short-term obstacles, though it must deal with important long-term challenges of low productivity and growing inequality.
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HONG KONG – China's exports fell back into contraction last month, signaling renewed weakness for the world's second biggest economy as it faces possible trade tensions under Donald Trump's presidency.
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People walk by the New York Stock Exchange. The Dow Industrial Average ended the week 1% higher at 19,963.8, reaching and all-time intraday high of 19,999.63 on Friday, while the S&P 500 Index climbed 1.7% to 2,276.98.
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