Markets

Boeing Co will pay over US$2.5 billion to resolve the Justice Department's investigation into two deadly 737 MAX crashes that killed 346 people, the Justice Department said.

Futures tracking Wall Street's main indexes scaled new highs on Friday, as investors counted on more economic stimulus to ride out a pandemic-led downturn ahead of the crucial jobs report.

Just a week into the job, Commerzbank's new chief executive on Friday made a 1.5 billion euro (US$1.84 billion)goodwill write-off at the German bank and raised risk provisions relating to the coronavirus pandemic.

British retailer Marks & Spencer warned on Friday its popular Percy Pig sweets could be hit by tariffs if it re-exports the product to European Union countries, including Ireland.

Outgoing U.S. President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes.

South Korea's Hyundai Motor Co said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25per cent.

UK's competition watchdog said on Friday it has launched an investigation into Google's proposals to remove third-party cookies and other functions from its Chrome browser.

SINGAPORE: Oversea-Chinese Banking Corporation's (OCBC Bank) Deputy President and Head of Global Wholesale Banking Helen Wong will take over as Group Chief Executive Officer from Apr 15, the bank announced in a media release on Friday (Jan 8). She succeeds Mr Samuel Tsien, who is retiring on Apr ...

Volkswagen's premium carmaker Audi aims to phase out combustion engines and offer only electric cars in 10 to 15 years, at the latest, German weekly WirtschaftsWoche reported, citing no sources.

OCBC has appointed Helen Wong as its new group chief executive officer (CEO) from April 15.