Markets

WHILE the Singapore government has ramped up efforts to save jobs amid the Covid-19 pandemic, the full impact on income is "far deeper and broad-based" than current economic numbers would suggest, with low-income earners bearing the brunt of the prolonged slump, fresh data from DBS showed.   ...

British retailer Marks & Spencer said on Tuesday it plans to cut 7,000 jobs over the next three months as it streamlines the business for a post COVID-19 sales mix.

Today's US$72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding "yes."

Ramped-up U.S. restrictions on Huawei are likely to cut off the Chinese smartphone maker's access to even off-the-shelf chips and disrupt the global tech supply chain once again, executives and experts cautioned.

The Swedish National Debt Office said on Tuesday it had rejected an application by Norwegian Air's Swedish branch for a state credit guarantee under a guarantee programme for airlines.

Starbucks Corp's South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event after nearly 50 cases were linked to one of its stores outside of Seoul.

BEIJING: China said on Tuesday (Aug 18) it has begun an anti-dumping probe into imports of Australian wine in a move that will likely worsen tensions between the two countries and knocked a fifth off the share price of Australia's biggest winemaker. The investigation by China's Ministry of ......

Amazon.com Inc's cloud computing unit will help Japan's Toyota Motor Corp build a platform to help manage and monetize data gathered from the automaker's global vehicle fleet, the companies said on Monday.

A group of Cirque du Soleil creditors is the front-runner to win control of the financially strapped entertainment group ahead of a Tuesday deadline for bids, a source familiar with the matter said on Monday.

KUALA LUMPUR: Malaysia's palm oil producers are embarking on a rare recruitment drive to hire locals and accelerating industry mechanisation as they grapple with a severe shortage of foreign labour due to the COVID-19 pandemic. As the September-November peak production season approaches, companies ...