Markets

SINGAPORE: A joint venture by Singtel and Grab as well as technology firm Sea and Jack Ma's Ant Group are among those that have been selected for the four digital bank licences issued by the Monetary Authority of Singapore (MAS).  In an announcement on Friday (Dec 4) evening, the...

Hyundai Motor Co is recalling 129,000 U.S. vehicles for an engine issue that can increase the risk of a fire, U.S. regulators said Friday.

Boeing Co is reducing its 787 widebody production to five jets monthly in mid-2021 from six, and delivered zero 787s to customers in November, as longer-haul travel demand remains weakened by the coronavirus pandemic, the U.S. planemaker's Chief Financial Officer said on Friday.

The U.S. economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.

SINGAPORE banks welcomed the four freshly anointed digital banks in Singapore, with a message that they are also ready for the competition.

THE digital full bank set up by the Grab-Singtel consortium will hire around 200 staff in Singapore by the end of next year to build up a robust banking infrastructure.

After being fined by US, Hyundai recalls more vehicles

U.S. lawmakers used a mobile phone app over the last two weeks to remotely cast votes for the first time, according to technologists and some involved in the process, embracing technology to facilitate an internal party leadership contest.

Climate activists piled up giant cardboard delivery boxes outside the finance ministry in Paris on Friday, protesting against Amazon's expansion in France as the online retailer launched a delayed "Black Friday" sales drive.

NEW YORK: Investors are gauging how far a rally in beaten-down energy shares could run, as an expected recovery for the coronavirus-hit economy clashes with skepticism about the long-term prospects of fossil fuels. Energy shares overall soared nearly 27per cent in November, leading the charge ...