Activity in China's services sector expanded at a faster pace in May, official data showed on Monday, as domestic consumption continue to grow at a modest pace.
The dollar held near a two-month high against the yen on Monday after a key measure of U.S. inflation showed stronger price gains than expected, keeping alive expectations of an eventual tapering in the Federal Reserve's asset buying.
American tire manufacturer Goodyear Tire & Rubber Co is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.
Asian shares edged higher on Monday, looking to extend their recent rally to a third week should U.S. jobs figures show the expected revival in hiring in May and keep the global recovery on track.
Japan's factory output rose 2.5per cent in April, government data showed on Monday, compared with a median market forecast for a 4.1per cent increase.
South Korea's factory output in April unexpectedly declined from March but logged the fastest expansion in almost three years on a year-on-year basis compared to 2020's pandemic-impacted figures, government data showed on Monday.
South Korea's factory output in April unexpectedly declined from March but logged the fastest expansion in almost three years on a year-on-year basis compared to 2020's pandemic-impacted figures, government data showed on Monday.
A more realistic global minimum corporate tax rate of 15 per cent may bring it closer to global acceptance and soften its negative impact on Singapore, but it would still require the country to rethink incentives for large MNCs, says NUS Business School’s Assoc Prof Simon Poh.
COVID-19 has confused the picture but signs point to how London is shifting away from being Europe’s principal offshore financial centre, says NatWest Group’s Howard Davies.
STANDARD Chartered (StanChart) aims to double its global mass banking and affluent clients by 2025, with the growth powered in part by the burgeoning wealth in Asia, said a top executive from the bank.



















