Markets

Unauthorised money lending in Singapore has come under the radar but the solutions may be social more than financial in nature, says SMU Associate Professor of Law Christopher Chen.

Although investors always fear a bubble, the rational explanation is even more alarming, says the Financial Times’ Robin Harding.

A 41-year-old former chief investment officer and managing director of the now-defunct fund manager One Asia Investment Partners (OAIP) was on Thursday charged with two counts of engaging in acts that were likely to defraud investors of a fixed income fund.

GLOBAL household wealth has held steady amid the crisis wrought by Covid-19, given timely relief measures from governments around the world.

Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter, in a boon for the mining industry.

Intel on Thursday (Oct 22) missed third-quarter revenue estimates for its data-centre chip unit as the COVID-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent.

US companies' borrowings for capital investments fell about 13 per cent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday (Oct 22).

Shares on Wall Street ended higher on Thursday in choppy trading, as investors cheered the prospect of more fiscal stimulus to support a pandemic-damaged U.S. economy, with more data pointing to a slowing labor market recovery.

Mattel Inc reported a surprise rise in quarterly sales on Thursday and forecast more growth in the holiday season, as retailers rushed to restock their shelves of Barbie dolls and other toys in high demand from stuck-at-home kids.

Intel Corp raised its annual sales and adjusted profit forecast on Thursday as a global shift to remote work continued to fuel demand for its data center chips that power internet-based services. The company said it now expects annual revenue of US$75.3 billion and adjusted earnings of US$4.90 ......