Australia's Westpac bank has agreed to pay a record AU$1.3 billion (US$923 million) fine for more than 23 million breaches of money-laundering laws, the bank and regulators announced Thursday.
SINGAPORE: The Giant supermarket chain will lower its prices of "hundreds of everyday essentials" by an average of 20 per cent for at least six months from Thursday (Sep 24). This comes as customers have expressed financial anxieties amid the COVID-19 pandemic, the supermarket's owner Dairy Farm ...
Oil futures fell on Thursday on concerns the economic recovery in the United States, the world's biggest oil consumer, is slowing as the coronavirus outbreak lingers and a resurgence in European cases led to new travel restrictions there.
England and Wales launch a COVID-19 smartphone app on Thursday, allowing users to trace contacts, check the local level of risk and record visits to venues such as pubs, four months after the technology was promised to the public.
Asian stocks opened lower on Thursday, tracking a sharply lower Wall Street session amid fresh concerns that the global economic recovery is running out of steam.
The changes follow disappointing efforts to get Americans back into movie theatres after the coronavirus pandemic shuttered cinemas worldwide in March.
NEW YORK: Major automakers Tesla, Volvo, Ford and Mercedes Benz have sued the US government over tariffs on Chinese goods, demanding customs duties paid on imports be returned, with interest. The lawsuits were filed over the past days in the New York-based Court of International Trade and concern ......
The application was submitted to Beijing's municipal commerce bureau and the company is waiting for a decision, it said in a statement on its Toutiao account.
WASHINGTON: The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the number two official at the International Monetary Fund (IMF) said on Wednesday (Sep 23). The fund has provided about US$90 billion in total financing to 79 countries ......
Amid questions concerning how much more Singapore Airlines may have to lay off staff and cut costs, NUS Business School Associate Professor Nitin Pangarkar argues it’s in Singapore’s national interest to retain a national carrier.
