Markets

SINGAPORE: UOB customers will be able to sign electronic documents via their Singpass app from 2022, said the bank on Thursday (Jun 10). Under a 12-month pilot scheme, the bank said it will first test the use of electronic signature services “with a set of its retail and corporate...

Thailand's parliament on Thursday passed a bill to allow the government to borrow an additional 500 billion baht (US$16 billion) to help the tourism-reliant country deal with its latest and worst coronavirus outbreak so far.

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.

Retail sales in Indonesia expanded for the first time in 17 months in April, rising 15.6per cent on an annual basis and compared with a 14.6per cent fall a month earlier, a central bank survey showed on Thursday.

SAN FRANCISCO: Facebook on Wednesday (Jun 9) said it will give employees the option of sticking with remote work for the long term, even offering to help some interested in moving to other countries. Beginning on Jun 15, Facebook will let any employee whose job can be done remotely ask to...

JAKARTA: Indonesia's palm oil association (GAPKI) is urging palm plantations in Riau to tighten COVID-19 protocols as cases in the area surge, a GAPKI official told Reuters. Riau is in Indonesia's Sumatra island where most of the country's palm oil plantations are located. "With cases ...

SINGAPORE: Singaporean fintech company MatchMove Pay said on Thursday it had received a US$100 million investment from US-based IT services provider Nityo Infotech to support efforts to expand its presence to more markets. MatchMove will be valued at US$600 million following the deal and Nityo ...

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.

JBS USA, subsidiary of Brazilian firm JBS SA, confirmed in a statement on Wednesday the company paid the equivalent of US$11 million in ransom in response to a criminal hack against its operations.

OCBC on Thursday said it obtained approval from holders of its £250 million floating rate covered bonds due 2023 to replace the interest basis from GBP Libor (London Interbank Offered Rate) to Sterling Overnight Index Average (Sonia).