NEW YORK (REUTERS) – Shares of Twitter tumbled over 6 per cent on Monday (Jan 11) after its move to permanently suspend US President Donald …
Wall Street ends lower with Washington turmoil, earnings in view
NEW YORK (REUTERS) – Wall Street’s main indexes closed lower on Monday (Jan 11) as investors took some profits after last weeks’ records while they …
Chip Eng Seng warns of FY2020 loss on Covid-19 impact
SINGAPORE (THE BUSINESS TIMES) – Property developer Chip Eng Seng is expecting to report a FY2020 net loss in mid-February 2021 as opposed to its …
Australia retail sales rise 7.1% as Melbourne trade resumes
(BLOOMBERG) – Australian household spending jumped in November as the southeastern state of Victoria was released from lockdown and consumers took advantage of discounts during …
Indonesia sets new rules on payments systems
JAKARTA (REUTERS) – Indonesia’s central bank on Friday (Jan 8) announced new regulations on payment systems to try to consolidate existing rules, with new requirements …
Dollar rises, Asian stocks mixed, US futures dip: markets wrap
(BLOOMBERG) – The dollar climbed Monday (Jan 11) and Asian stocks were mixed as traders weighed President-elect Joe Biden’s pledge to detail huge US economic …
China pushes back against US sanctions with new rules
BEIJING (BLOOMBERG) – China continued its pushback against US sanctions, issuing new rules to protect its firms from “unjustified” foreign laws and allowing Chinese courts …
It always pays to take sabbaticals and vacations
No sooner had Citigroup announced its new sabbatical policy – 12 weeks at 25 per cent pay for employees who’d been at the bank at …
Finance exec avoids consumer loans, believes in spending within one’s means
Being disciplined about spending and keeping within one’s means – these are the key principles which financial executive Ernest Chew holds dear. “Do not have …
Keeping business going online to make Tamil cool
Entrepreneur Deepa Asha Dewi had an unexpected misadventure in 2019: Water from heavy rainfall seeped into her stall and damaged $12,000 worth of products. But …
What are the potential pitfalls of starting a home business?
Ask almost anyone and they probably know someone running a home-based business (HBB), whether as an alternative source of income after being retrenched or an …
Interior styling company outgrows the home
Mr Anthony Chai and Ms Jade Ng have truly turned their artfully designed home into a business. Their journey started in March 2018 with them …
Details of the plane and airline in Indonesia air crash
JAKARTA (REUTERS) – A Sriwijaya Air plane crashed into the sea on Saturday (Jan 9) minutes after taking off from Indonesia’s capital Jakarta on a …
US stocks end at records again as Biden eyes more stimulus
NEW YORK (AFP) – Wall Street stock indices closed at records again Friday (Jan 8) as anticipation of a new fiscal relief package offset poor …
Hyundai U-turns on confirmation of talks with Apple on electric car
SEOUL • Hyundai Motor backed away from a statement confirming it is in talks with Apple on developing self-driving cars that fuelled an US$8 billion …
OCBC aims to double users on Pay Anyone as it strengthens partnerships
SINGAPORE – OCBC Bank aims to double the number of users and volume of transactions on its Pay Anyone app this year. Mr Gary Wong, …
OCBC aims to double users on Pay Anyone
OCBC Bank aims to double the number of users and volume of transactions on its Pay Anyone app this year. Mr Gary Wong, OCBC’s newly …
DBS to roll out more personalised services, improved rewards system on PayLah! app
SINGAPORE – Buy tickets for a movie at VivoCity using your mobile wallet and then get discounts on your private-hire ride to the mall and …
Oil trader Mercuria teams up with Singapore’s Envysion for commodity investment
SINGAPORE (REUTERS) – Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks …
MSCI to remove China telcos, adding pressure on Hong Kong shares
HONG KONG (BLOOMBERG) – MSCI will remove China’s three major telecommunications companies from its benchmark indexes, adding fresh selling pressure to stocks that have swung …