JAKARTA: The decision to re-impose a partial lockdown in Jakarta will hit the Indonesian economy this quarter, but these restrictions are necessary so that the economy can again grow positively in the long term, said experts interviewed by CNA. Jakarta’s Governor Anies Baswedan announced last ...
SINGAPORE: International companies in Singapore said the Government’s move to raise the minimum salary requirement for foreign workers will not affect their plans here, as many firms already make an effort to hire locals. When they do turn to foreigners, firms said it is often because specific ...
DEMAND is returning to Singapore-listed real estate investment trust (S-Reit) perpetual securities.
SINGAPORE banks have stuck to staffing plans made earlier in the year, including their commitments to retain jobs through to the end of 2020. But they are actively managing staff costs as Singapore remains in the throes of its worst recession.
AMONG the Singapore banks, UOB is generally seen to be more conservative in its wealth management (WM) pursuits, with a considerably smaller - and organically built - franchise when compared against its peers.
US investors expect the securities regulator to drop a contentious provision in a new rule that would make it tougher for them to push companies on issues such as climate change and social justice, according to three people briefed on the matter.
Executives at the top US banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.
Kohl's Corp said on Tuesday it has cut about 15per cent of its corporate jobs as the department store operator looks to save cash at a time when the COVID-19 pandemic hammers its business.
REUTERS: U.S. package delivery company FedEx Corp posted a 13.5per cent rise in quarterly revenue on Tuesday, boosted by an increase in domestic residential shipments during the COVID-19 pandemic. Adjusted net income rose to US$1.28 billion, or US$4.87 per share, in the first quarter ended Aug ...
President Donald Trump and top U.S. officials were to meet at the White House on Tuesday to consider a proposal by China's ByteDance to keep majority ownership of its popular TikTok video app, people familiar with the matter said.
