Markets

The U.S. Justice Department will open an antitrust investigation of Facebook, a source familiar with the matter said on Wednesday.

MORE customers may be willing to park money with Singtel than Grab, a CGS-CIMB report showed, with the brokerage estimating that 4-11 per cent of deposits from the domestic banking unit are at risk from being taken from incumbent banks, and absorbed by the upcoming new digital...

US and Japanese officials insist a hard-won bilateral trade deal will be a "win-win", but some Japanese cattle farmers fear the agreement could sound the death knell for their embattled sector.

JAKARTA: Indonesian ride-hailing and payments firm Gojek launched a video streaming service featuring original movies and TV shows on Thursday (Sep 26), as the firm makes a big push into online content in Southeast Asia's largest economy, its entertainment chief said. "We see that there's a gap ...

SINGAPORE: Changi Airport said on Thursday (Sep 26) its passenger traffic for Hong Kong declined 14 per cent year-on-year last month even as most regions registered growth. Overall, the airport handled 5.9 million passenger movements in August, a 3.8 per cent year-on-year increase. While its ...

SoftBank Group Corp is holding talks with WeWork to boost a US$1.5 billion investment it had earlier agreed to invest in the U.S. office-sharing startup, the Financial Times reported on Wednesday.

SINGAPORE: Social media giant Facebook on Thursday (Sep 26) introduced a slew of measures aimed at bringing greater transparency to socio-political advertising on its platforms here in Singapore. These initiatives come less than a month after the Elections Department announced that a committee had ...

Peloton Interactive, the U.S. fitness startup known for on-demand workout programs on its exercise bikes, on Wednesday raised US$1.16 billion in its initial public offering after pricing shares at the top end of its target range.

Oracle Corp , which has clashed with Alphabet's Google in business disputes, has received requests for information from congressional and state investigators looking into allegations that Google violated antitrust law.

SEOUL: North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones. Economists estimate as many as six million ...