China central bank says to safeguard legitimate rights, interests of housing consumers
Advertisement Business FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee [more]
AI navigation startup Phiar lands ex-Google manager, funding from Telenav
Phiar, a startup aiming to enhance in-car navigation systems by overlaying directions on real-time video, announced on Monday that Google's head of Android automotive platforms [more]
SGX, Temasek digital asset JV announces partnership with 10 global banks
MARKETNODE, the digital asset joint venture between Singapore Exchange (SGX) and Temasek, on Monday announced its partnership with 10 global financial institutions ahead of its [more]
Explainer-What is behind China’s power crunch?
BEIJING : China is in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers [more]
Fuel ‘panic buying’ in UK could see army come to the rescue
Britain's shortage of lorry drivers is affecting many sectors including the food industry, although German supermarket Aldi on Monday insisted that it was coping well [more]
STI up 1.27% despite retightening of Covid-19 measures
SINGAPORE shares rose on Monday even as tightened Covid-19 measures took effect the same day in a bid to keep the number of daily infections [more]
BASF says Zhanjiang chemical complex to generate 4-5 billion eur in sales by 2030
Advertisement Business 27 Sep 2021 05:54PM (Updated: 27 Sep 2021 05:52PM) FRANKFURT : BASF predicted on Monday that the Zhanjiang chemical complex it is building [more]
Thai central bank to hold rate at record low as virus curbs eased: Reuters poll
BANGKOK : Thailand's central bank is widely expected to leave its key interest rate at a record low on Wednesday as tougher coronavirus restrictions have [more]
Miner MMG to halt Peru operations this week as community protests hit transport
Australia-based miner MMG Ltd said on Monday it would stop operations at its copper mine at Las Bambas in Peru this week, as community protests [more]
As OPEC reopens the taps, African giants losing race to pump more
LAGOS : Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as [more]
Brokers’ take: Pace of mergers, restructuring likely to pick up in Singapore
SINGAPORE companies will likely see more transactions for mergers and acquisitions (M&As), privatisations and restructuring in the near to mid term amid low interest rates [more]
Citi launches tech hub in Bahrain to develop its digital platforms
DUBAI : Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the [more]
Fashion retailer Boohoo plans to sign new safety pact with Bangladesh garment workers
Advertisement Business A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken on [more]
China encourages mainland insurers to sell catastrophe bonds in Hong Kong
BEIJING : China's banking and insurance regulator released a notice on Monday encouraging the sales of catastrophe bonds by mainland insurers in Hong Kong.Mainland property [more]
Goldman expects oil prices to hit US$90 by year-end as supply tightens
Goldman Sachs raised its forecast for year-end Brent crude oil prices to US$90 per barrel from US$80, as a faster fuel demand recovery from Delta [more]
F&B businesses relieved that dining in is still allowed as they adjust to new COVID-19 rules
Some industry players, however, are preparing for things to go south. Mr Brian Stampe, chief operations officer of Commonwealth Concepts, which operates 40 outlets under [more]
Singapore’s PayNow to be linked with Malaysia’s DuitNow in phases from 2022
SINGAPORE: Singapore's PayNow and Malaysia's DuitNow will be linked in phases from the fourth quarter of 2022, allowing customers of participating financial institutions to make [more]
Kuroda vows to keep BOJ’s focus on COVID-19 response amid weak inflation
TOKYO : The Bank of Japan would continue to focus on cushioning the economic blow from the coronavirus pandemic, given lingering uncertainty over the outlook [more]
China’s Geely starts making commercial satellites
Advertisement Business FILE PHOTO: The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. Picture taken August 17, 2021. REUTERS/Aly [more]
China’s Xiaomi is engaging 3rd-party expert to assess Lithuania censorship claims
Advertisement Business FILE PHOTO: The logo of Xiaomi is seen in Bengaluru, India, January 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo 27 Sep 2021 02:19PM (Updated: [more]
China’s Xiaomi engaging expert to assess Lithuania censorship claims
SHANGHAI: Chinese smartphone maker Xiaomi said on Monday (Sep 27) it is engaging a third-party expert to assess claims from Lithuania's government that its phones [more]
China’s power crunch begins to weigh on economic outlook
BEIJING : China's power crunch, caused by tight coal supplies and toughening emissions standards, has triggered a contraction in heavy industry across several regions and [more]
HSBC shares climb in Hong Kong as release of Huawei exec seen easing tensions
HONG KONG : Hong Kong-listed shares of HSBC rose by the most in four months on Monday as the release of an executive at telecoms [more]
Many Apple, Tesla suppliers halt production in China amid power pinch
:Several key Apple and Tesla suppliers said they had halted production on Sunday at some of their Chinese facilities to comply with the country's tighter [more]