Markets

SINGAPORE: A then-manager at the facilities arm of Surbana Jurong Group conspired with two others to cheat his company, in a case that spanned seven years and involved more than S$1 million. Former SMM principal facilities manager Ong Kah Heng, 60, was on Monday (Aug 17) sentenced to four...

SINGAPORE: A seven-month extension of wage subsidies under the Jobs Support Scheme (JSS) and a new initiative to bolster hiring in still-growing sectors were among the S$8 billion worth of measures announced on Monday (Aug 17), as Singapore continues its support for workers and businesses hurt by ...

JOHANNESBURG: US drug developer Novavax said on Monday (Aug 17) that it is starting a mid-stage study of its experimental COVID-19 vaccine in South Africa, as the country experiences a surge in coronavirus cases. The Phase 2b trial study of NVX-CoV2373 will be conducted on about 2,665 healthy ...

Jim Momtazee, a former dealmaker at U.S. buyout firm KKR & Co Inc , has launched his own firm to pursue private equity deals in the healthcare sector.

SINGAPORE: The Singapore Government will be pumping in additional funding to help the aerospace, aviation and tourism industries - three of the hardest-hit sectors - amid the COVID-19 pandemic, Deputy Prime Minister Heng Swee Keat said in a ministerial statement on Monday (Aug 17).  In his ...

Indian politicians are trading barbs over a media report that Facebook Inc's content policies favoured Prime Minister Narendra Modi's party, putting the social network at the centre of a political storm in its biggest market by users.

U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market.

Chinese drone giant SZ DJI Technology Co Ltd has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told Reuters.

Internet giant Google on Monday criticised proposed Australian antitrust laws, saying its free search service would be "at risk" and users' personal data could be shared if it is made to pay news organisations for their content.

BANGKOK: Thailand's economy suffered its worst contraction since the Asian financial crisis more than two decades ago, data showed Monday (Aug 17), as the coronavirus shattered the country's crucial tourism industry. The kingdom has largely escaped the worst of the disease - registering 3,300 ...