Markets

Global smartphone sales snapped back in the first quarter of the year to show the strongest growth since 2015, a market tracker said on Tuesday (Apr 20).

SINGAPORE: DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan (US$814.3 million), marking the Southeast Asian lender's biggest acquisition in China. DBS said in a statement on Tuesday (Apr 20) that it had received ...

SOUTH-EAST Asia's largest lender DBS will acquire a 13 per cent stake in Shenzhen Rural Commercial Bank (SZRCB) for RMB5,286 million (S$1,079 million), in a move that will make it the largest shareholder of the Chinese bank.

TAIPEI: The European Union is seeking to encourage greater investment from Taiwan, especially its semiconductor firms, the bloc's top diplomat in Taipei said on Tuesday (Apr 20), amid a global chip shortage that has impacted auto makers like Volkswagen. Tech powerhouse Taiwan, home to companies ...

YANGON: Chinese trade data gave a mixed snapshot of neighbour Myanmar's ability to keep up metal shipments in March amid unrest after February's coup, with flows of nickel pig iron (NPI) dwindling to almost nothing but those of copper doubling month-on-month. With Chinese firms directly involved ...

EYES are now on whether Singapore banks will snap up Citi's assets in markets that the local trio already play in, as the Wall Street giant sheds several of its consumer banking businesses across Asia.

UBON RATCHATHANI: Thailand is close to completing one the world's biggest floating hydro-solar hybrid projects on the surface of a dam, a step toward boosting renewable energy production after years of criticism for reliance on fossil fuels. About 144,417 solar panels are being installed on a ...

Thought your smartphone was taking over your life? Your car may be next as Chinese firms lead a Big Tech stampede into auto manufacturing in their battle for more consumers.

SINGAPORE: The i12 Katong mall will reopen in the fourth quarter of this year after closing its doors for renovation in early 2020, said its operator Keppel Land on Tuesday (Apr 20). Located at the junction of East Coast Road and Joo Chiat Road, the six-storey, 210,000 sq ft mall will...

TOKYO: The COVID-19 pandemic has pushed many businesses in Japan to the edge of financial ruin, but Takumi Tezuka, who owns a makeup and hair salon for men in Tokyo, has seen his customer base expand. Japanese businessmen in their 40s, 50s and 60s who had little interest in...