OCBC expects to rejig its branch network strategy after the Covid-19 pandemic because the rising adoption of digital-banking services has permanently diverted some traffic away from its branches, said OCBC chief executive officer Samuel Tsien on Monday.
Since the coronavirus reached Senegal, a growing number of residents in the capital have begun ordering groceries online, a welcome boost to a fledgling delivery service in a country where produce is usually bought in shops or markets.
Huawei Technologies said on Monday that its business will be inevitably impacted by the latest US move to restrict chip sales to the Chinese technology company, but it is confident of finding solutions soon.
Softbank Group will raise 1.25 trillion yen (US$11.7 billion) using Alibaba stock to fund buybacks of its own shares, Chief Executive Masayoshi Son said on Monday.
Musk has long displayed a hatred of being told what to do, says the Financial Times’ Patrick McGee.
Japan's Panasonic Corp posted on Monday a 29per cent drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit.
Japan's Panasonic Corp, a top supplier of battery cells to Tesla Inc, reported a 28.6per cent drop in annual operating profit and did not issue an earnings forecast for the current year due to uncertainty about the impact of the coronavirus.
SoftBank Group Corp on Monday reported a record 1.4 trillion yen (US$13 billion) operating loss in the April-March financial year as the value of its tech bets via the US$100 billion Vision Fund crumbled.
Total has called off plans to acquire Occidental Petroleum's assets in Ghana, the French energy company said on Monday.
INVESTMENT platform eToro on Monday announced that it is extending its commission-free stocks offering to clients in the Asia-Pacific, effective immediately.
