Bloomberg Singapore will allocate a further S$300 million ($222 million) to spur research in digital innovation as the government transforms the economy through technology. The amount, almost double the current budget, is part of the next phase of the National Research Foundation’s five-year plan ending 2020, Minister for Communications and Information S. Iswaran said during a parliamentary session on Monday. ...

Bloomberg The inflation outlook is looking dismal for the Bank of Japan as cheaper oil and falling mobile phone charges threaten to push price growth towards zero by mid-summer. The Bloomberg Inflation Barometer, which draws on eight drivers of prices, points to a sharp slowing in the months ahead as lower oil costs feed their way into electricity bills. Over ...

Bloomberg Carlos Ghosn’s new lawyer escalated his public appeal to release the former Nissan Motor Co. chairman from prison by hinting at the involvement of a “higher power” in the case and questioning why only Ghosn and an associate have been accused of crimes so far. Junichiro Hironaka, the lawyer hired by Ghosn last month, also said on Monday his ...