Markets

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...

HSBC Singapore and Marketnode, the joint venture between the Singapore Exchange (SGX) and Temasek, have completed a digital bond issuance on Marketnode's digital asset issuance, depository and servicing platform.

HOUSTON, Texas: ExxonMobil on Monday (Apr 20) floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from US petrochemical plants and bury them in deep under the Gulf of Mexico. The plan would require "US$100 billion or more" from ...

SINGAPORE: Transport operator SMRT is targeting to change its entire taxi fleet to electric vehicles within five years, with the first batch of 300 to arrive in Singapore progressively from July. The fleet could include models such as sedans, station wagons and multi-purpose vehicles to “meet the ...

SINGAPORE: Citi plans to hire up to 1,500 more employees in Singapore, as it looks to ramp up its consumer wealth management businesses amid a significant revamp. The new hires will support its plans to triple its assets under management and increase wealth clients by two and a half...

Proposal for breakaway group fails to grasp that clubs are more than for-profit businesses, says the Financial Times' Simon Kuper.