Markets

SINGAPORE: A S$356 million contract has been awarded for the design and construction of a tunnel between the future Aviation Park and Loyang MRT train stations on the Cross Island Line, said the Land Transport Authority (LTA) on Monday (Mar 8). The first phase of the Cross Island Line...

TOKYO: Toyota Motor's first venture capital fund is investing in start-ups that help the Japanese automaker refine everyday processes by bringing sharper supply-chain management and robotics to the factory floor, a fund executive said. The Silicon Valley-based Toyota AI Ventures fund, with US$200 ...

DBS Group's chief executive Piyush Gupta saw his pay fall 24 per cent to S$9.18 million in 2020 as the Covid-19 pandemic took a bite out of bank earnings, according to the bank's annual report on Monday.

Shares of Hong Kong-listed Chinese photo editing app Meitu Inc rose as much as 14.4per cent on Monday morning after the company said it had bought US$40 million of cryptocurrencies.

Toyota Motor Corp's first venture capital fund is investing in startups that help the Japanese automaker refine everyday processes by bringing sharper supply-chain management and robotics to the factory floor, a fund executive said.

Asian shares rallied on Monday while the dollar held near three-month peaks after the U.S. Senate passage of a US$1.9 trillion stimulus bill and a surprisingly strong payrolls report augured well for a global economic rebound.

About 744 million kg of food waste – the equivalent of 51,000 double-decker buses - was generated in 2019. One company is hoping its army of insects will be able to help chomp through that problem. Money Mind reports.

General Electric Co is nearing a US$30 billion-plus deal to combine its aircraft-leasing business with Ireland's AerCap Holdings NV, the Wall Street Journal reported on Sunday citing people familiar with the matter.

Chinese drone giant DJI Technology built up such a successful US business over the past decade that it almost drove all competitors out of the market.

GENEVA: Swiss voters on Sunday (Mar 7) narrowly backed a free trade deal signed with Indonesia, opening up a vast potential market with the world's fourth most populous country. Controversy surrounding the importation of Indonesian palm oil and its sustainability fuelled enough concern in ...