Markets

Southeast Asia technology group Sea's shopping arm Shopee has apologised over an online advertisement in Indonesia that ignited uproar on social media for mocking victims of sexual harassment and abuse.

Deep-pocketed investors pumped a record US$4.2 billion into big technology stocks last week, BofA's flow data showed on Friday, taking advantage of the slight pullback on Wall Street while retail traders were busy buying stocks such as GameStop.

SINGAPORE: Helping workers and businesses to adapt, innovate and grow will continue to be a key priority for this year's Budget, Deputy Prime Minister Heng Swee Keat said on Friday (Feb 5). While the Government has done its best to preserve jobs, support viable companies and help workers affected ...

SINGAPORE: Singapore-based Goldbell Group on Friday (Feb 5) confirmed plans to acquire electric-car sharing firm BlueSG, saying it will invest more than S$70 million into expanding the firm's business and technical capabilities over the next five years.   Goldbell said it expects the acquisition ...

Subaru Corp said on Friday it has cut its production plan for this fiscal year by around 48,000 vehicles due to the global chip shortage.

CROWDFUNDING platform Siam Validus, a joint venture between Validus and SCG Distribution, is the first foreign fintech firm to be granted a debenture crowdfunding licence by the Securities and Exchange Commission of Thailand (SEC).

In his Hangzhou apartment in eastern China, Wen Hao had just finished his daily stockpicking video when he discovered he'd been barred from social media platform Toutiao, a day after inviting netizens to join his stock-recommending community.

HONG KONG: Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a US$5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator. The first-day pop, while among the ...

SINGAPORE: More than 70 individuals and nine F&B outlets were fined and three establishments were ordered to close for breaching COVID-19 regulations, the Ministry of Sustainability and the Environment (MSE) said on Friday (Feb 5). A total of 74 individuals were fined S$300 each for breaching safe ...

Tech giant Google on Friday launched a platform in Australia offering news it has paid for, striking its own content deals with publishers in a drive to show legislation proposed by Canberra to enforce payments, a world first, is unnecessary.