Singapore

Official Name: Republic of Singapore. GDP and global rank (2010): US$257 billion ranking as 41st in the world. Per Capita GDP and rank (2010): US$62,100 ranking as fifth largest in the world. How did Singapore get to where it is today? The economy of Singapore was classified as socialist until...

The government of German Chancellor Angela Merkel won a victory on Thursday when the German parliament passed a vote expanding the powers of the institution charged with saving troubled eurozone members like Greece, Ireland and Italy from default. The German Parliament overwhelmingly approved a...

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Several Asian stock market indexes hit 52-week lows during trading on Monday in Asia, the first day of trading after Standard & Poor's lowered its rating of United States government debt. While much of the selloff in Asian stocks could be blamed on the Standard & Poor's move to lower its...

Stock markets across Asia had a dismal performance a day after the Dow Jones Industrial Average suffered its biggest single-day drop in nearly three years. Asian stock markets started the week off on a positive note, rising after news broke that President Barack Obama and Congressional leaders had...

Asian stock markets continued to fall during Wednesday trading as concerns over America's economy continued to overshadow the recent positive news that the United States was able to avoid a default on its debt. Asian stocks began the week on the upswing after it was announced that President Barack...

All of the significant stock market indexes in the Asia/Pacific region ended Monday trading higher after news broke that President Barack Obama and Congressional leaders had reached a deal to raise the United States debt ceiling in order to prevent the country from defaulting on its debts. The...

Asian stock market indexes climbed higher on Wednesday on news of better than expected earnings from American companies and renewed optimism that President President Obama and the United States Congress would be able to strike a deal in order to avoid a catastrophic debt default. Both Apple (...

The Straits Times Index of Singapore traded stocks opened Monday morning in positive territory but then spent most of the day falling deeper into negative territory. The Straits Times Index of stocks traded on the Singapore Exchange opened at 3,265.00, which was slightly above the previous day's...

The Straits Times Index of Singapore traded stocks opened in positive territory but then spent most of the day steadily falling downward. The Straits Times Index of stocks traded on the Singapore Exchange opened at 3,279.98, which was slightly above the previous day's closing level of 3,279.70. The...