Markets

SINGAPORE: A new centre focusing on the digitalisation and decarbonisation of Southeast Asia’s maritime sector has been set up in Singapore by classification body DNV GL. Supported by the Singapore Economic Development Board (EDB), the Maritime Decarbonisation and Autonomy Centre of ...

Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its massive public share sale back on track.

SINGAPORE: Singapore Airlines on Thursday (Feb 4) posted a S$142 million net loss in the third quarter as passenger numbers plunged by 97.6 per cent due to the pandemic, though its cargo business held up better given a tight freight market. The loss compared with the prior year's S$315 million ...

HONG KONG: Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top executive at the city's banking regulator said on Thursday (Feb 4). Arthur Yuen, deputy chief executive of the Hong Kong Monetary Authority (HKMA), said it ......

Foreign investors flocked to Myanmar as it began its democratic transition a decade ago, but this week's military coup is likely to accelerate a trend of Western withdrawal - and China's expansion.

Instructors gaze watchfully from the shade of a tree as men in neon-green vests manipulate hand-held controllers clipped to mobile telephones as they direct drones flying over a vast Sydney field.

LONDON: Royal Dutch Shell's profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company said it expected to raise its dividend again in a sign of confidence. Shell's oil and gas production and profit from refining crude...

Japanese automaker Mazda Motor Corp said on Thursday it expects a shortage of semiconductors to affect its vehicle production from this month.

Frankfurt-listed shares in retail trader darlings such as videogame store GameStop and cinema operator AMC Entertainment fell in early trade on Thursday.

FRANKFURT: Deutsche Bank swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division, the German lender said on Thursday (Feb 4). The return to profit is a victory for Chief Executive Christian Sewing, who was promoted...