SINGAPORE: Those who celebrate Chinese New Year are encouraged to give out e-hong baos this year, as this will help to reduce queues for new notes and is more environmentally friendly, said the Monetary Authority of Singapore (MAS) on Monday (Jan 11). For people who still prefer to use new ...
SINGAPORE: Singapore Airlines (SIA) Group said on Monday (Jan 11) that demand for air travel continued to gradually return last month, as it carried the most number of passengers since COVID-19 border restrictions were implemented. Overall passenger carriage, measured in revenue passenger ...
OCBC has appointed a seasoned hand in Greater China Helen Wong to be its new group chief executive officer from April 15.
Becoming a bank will shrink Ant. Regulators are set to treat Jack Ma's financial group more like a regular Chinese lender. Though it has enough capital to support its existing online credit business, growth prospects will dim and its US$300 billion-plus valuation will shrivel.
CHENGDU, China/SHANGHAI: China's electric vehicle (EV) maker Nio Inc, which competes with conventional premium automakers including Daimler AG and BMW, may make mass market products under another marque, its chief executive said. "As EV technologies advance and battery cost lowers, it is ...
China’s search engine giant Baidu Inc said it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV), Baidu said in a statement on Monday.
U.S.-based investment powerhouse KKR & Co said Monday it has closed a fund targeting infrastructure-related investments in Asia Pacific at US$3.9 billion.
Tesla Inc is searching for a design director in China, part of efforts to open a "full-function" studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter.
Asian shares took a breather on Monday while Treasury yields were at 10-month highs as "trillions" in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.
At least 10 Indian lending apps on Google's Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers, according to a Reuters review of such services and more than a dozen users.
