AT a time where most businesses are shoring up their finances against the Covid-19 crisis, payments startup TransferWise has reduced its money transfer fees by around 15 per cent for the majority of its eight million customers globally.
NEARLY 80 per cent of survey respondents in Singapore expect the country to go fully cashless in the next decade, a survey by Standard Chartered (StanChart) has found.
WITH the recent slashing of OCBC's exposure to the offshore support vessels (OSV) sector, the question is whether the bank's plan to rev up its sustainable finance portfolio will be able to make up for the gap.
THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow and the PayNow e-payment system.
Arthur Ochs Sulzberger Jr. will retire as chairman and a member of the New York Times Co's board by the end of December, the newspaper publisher said on Wednesday.
Tesla Inc's plan to produce lithium for electric vehicle batteries close to its Nevada Gigafactory faces stark challenges from the outset, including an onerous permitting process, uncertain access to water and questions about unproven methodologies.
JPMorgan Chase & Co is set to pay US$1 billion to resolve market manipulation investigations by US authorities into its trading of metals futures and Treasury securities, Bloomberg News reported on Wednesday (Sep 23), citing people familiar with the matter.
Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives US$6 million in bonuses in May, at a time when the carrier had furloughed most of its employees without pay and was preparing a bankruptcy filing.
United Airlines has agreed to delay the effective date of pilot furloughs until Oct 30 while union members vote on a broader deal that would protect some 2,850 jobs for months longer.
TikTok asked a US judge on Wednesday to block a Trump administration order that would require Apple Inc and Alphabet Inc's Google to remove the short video-sharing app for new downloads starting Sunday.
