Zarchi Lwin pawned her only two gold bangles for US$140 when the owner of the Myanmar factory where she sewed winter coats for British retailer Next Plc shut it down after orders dried up due to the coronavirus.
Nasdaq Inc is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it more difficult for some Chinese companies to debut on its stock exchange, people familiar with the matter said on Monday.
BURBANK, California: Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China's ByteDance Technology Co, the companies said on Monday (May 19). Mayer led the ...
The U.S. Securities and Exchange Commission (SEC) on Monday said it settled charges against three former KPMG LLP audit partners stemming from a cheating scandal at the firm.
The industry might seem unstoppable in this crisis, but ultimately it will be curbed, says the Financial Times’ Rana Roroohar.
NEW YORK: Wall Street stocks rocketed higher Monday following positive news on the first clinical tests of a coronavirus vaccine, lifting shares of airlines, hotels and other beaten-down sectors. The Dow Jones Industrial Average surged 911.95 points (3.85 per cent) to 24,597.37. The broad-based S ...
IN an early sign of how the Covid-19 pandemic could change the banking scene as we know it, Singapore's second-largest bank said it expects to rejig its branch network strategy post-pandemic.
EVEN as Covid-19 inflicts pain on economies around the world, Standard Chartered continues to view Indonesia as a "strategically important", "high-potential" growth market.
RESPONDING to a surge in investors' trading interest in US equities, investment platform eToro on Monday announced that it is extending its commission-free stocks offering to clients in the Asia-Pacific with immediate effect - the first such option here for investors in Singapore.
ALIBABA Group's affiliate Ant Financial is tying up with mainboard-listed Yoma Strategic Holdings as its latest foray into the South-east Asia digital payments space takes it to Myanmar.
