LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones, which analysts said represented an attempt to cut costs and compete with Chinese rivals.
SINGAPORE has produced the highest number of blockchain research publications in Asean and the third highest in the world, thanks to contributions from both academic institutions and the private sector.
Capital One Financial Corp (CapOne) has barred customers using its credit cards to clear buy-now-pay-later (BNPL) debt as the transactions bear unacceptable risk, it told Reuters, making it the first to distance itself from the finance alternative.
Goldman Sachs' head of Middle East and North Africa (MENA), Wassim Younan, who built the U.S. bank's business in the region, is retiring after nearly three decades with the Wall Street bank, according to a memo seen by Reuters.
STANDARD Chartered (StanChart) and the Union Bank of the Philippines (UnionBank) have completed a proof of concept for the issuance of a retail bond on a digital platform leveraging blockchain technology for bond tokenisation.
JPMorgan has hired UBS banker Peihao Huang to become the co-head of its equity capital markets (ECM) business in Asia, not including Japan, according to two sources with direct knowledge of the matter.
LISTED companies that were selected to set up digital banks in Singapore saw their shares rally to fresh highs, while those with failed bids, including iFast Corp and Razer Inc, tumbled on Monday.
BEIJING: China's exports in November rose 21.1 per cent from a year earlier, after 11.4 per cent growth in October, while imports grew 4.5 per cent last month, from a 4.7 per cent expansion in October, customs data showed on Monday (Dec 7). Analysts polled by Reuters had forecast export growth of...
SINGAPORE has cracked a world first again with a goal in mind: to return more deciding power to every citizen on what they should do with their finances.
U.S. fast-food restaurant chain Chick-fil-A sued top chicken suppliers alleging they artificially raised prices on billions of dollars of its purchases in the latest litigation facing the poultry industry.
