SINGAPORE: Companies and banks will soon get more support to obtain and develop green and sustainable financing under a new scheme by the Monetary Authority of Singapore (MAS). The Green and Sustainability-Linked Loan Grant Scheme (GSLS), announced on Tuesday (Nov 24), will take effect from Jan 1 ...
Activist hedge fund Elliott Management Corp has invested at least US$30 million in Cataleya Energy, a small firm focused on oil exploration in Guyana, the world's newest oil and gas hot spot, two people familiar with the matter said.
Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as US$100,000 in a year.
Shares of ANA Holdings Inc fell as much as 4.2per cent on Tuesday after a report said Japan's biggest airline plans to issue new shares, seeking to raise around US$1.9 billion, as early as this week.
STOCKHOLM: Swedish truck maker Scania, a unit under Volkswagen's commercial vehicle arm Traton, has bought a truck company in China to start making vehicles for the first time in the world's biggest auto market, it told Reuters. Scania acquired Nantong Gaokai based in China's eastern city of Rugao ......
KUALA LUMPUR: Shares in Malaysia's Top Glove slumped 7.5 per cent on Tuesday (Nov 24), after the government said some of its factories would be closed in stages for COVID-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease. The Health Ministry reported a...
US President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen to become the next Treasury secretary, the Wall Street Journal reported on Monday, citing people familiar with the decision.
Nissan Motor Co Ltd on Tuesday said it will sell a redesigned version of its best-selling Note compact car in Japan from December featuring new hybrid drive technology, to win market share from Toyota Motor Corp and Honda Motor Co Ltd.
Tokyo shares opened sharply higher on Tuesday (Nov 24) after United States President Donald Trump said he no longer opposed government aid for Joe Biden's transition team, with markets also buoyed by COVID-19 vaccine news.
SEOUL: South Korea's delivery workers have fallen into what they call a "legal blind spot" and say it is a deadly place to be as the coronavirus drives an unprecedented boom in online business. Labour rights have made huge progress in South Korea over the past couple of decades...
