Markets

SINGAPORE has fallen two places to rank 14th among the most expensive locations in the world for expatriates, mainly due to a weaker Singapore dollar (SGD) resulting from the local economic impacts of the Covid-19 pandemic.

:Britain's biggest sportswear retailer JD Sports said on Tuesday it had bought retailer Shoe Palace for US$325 million in a move that would expand its footprint in the U.S. West Coast, sending the company's shares 5per cent higher.

Sweden's H&M, the world's second-biggest fashion retailer, said on Tuesday net sales fell 10per cent in local currencies in the fourth quarter with an accelerating slowdown towards the end of the September-November period.

SINGAPORE: Moderna said on Tuesday (Dec 15) it has concluded an agreement with Singapore's Ministry of Health (MOH) to supply mRNA-1273, its COVID-19 vaccine, to the country.  The agreement will "support ongoing efforts to secure access to a safe and effective COVID-19 vaccine for the people of ...

SINGAPORE: New private home sales in Singapore rose by 18.9 per cent in November, reversing a decline seen in October, on the back of new project launches by developers. Private developers sold 767 units, excluding executive condominiums (ECs), in November, data from the Urban Redevelopment ...

Credit Suisse reiterated its key financial target on Tuesday, as Switzerland's second-biggest bank laid out plans to boost growth in wealth management and investment banking and revamp its asset management business.

Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10per cent under new draft EU rules to be announced on Tuesday.

China's Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with knowledge of the matter, the latest move in a race among tech firms to develop smart cars.

China's Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with knowledge of the matter, the latest move in a race among tech firms to develop smart cars.

Apple Inc plans to manufacture up to 96 million iPhones for the first half of 2021, a nearly 30per cent year-on-year increase, Nikkei reported https://s.nikkei.com/3mlVbPC on Tuesday.