Markets

SINGAPORE: Singapore’s social safety nets must adapt to the “major changes” in the economy and labour market so as to keep inequality in check, said Deputy Prime Minister Heng Swee Keat on Monday (Aug 31) in Parliament. With economic changes picking up pace and job disruptions due to technology...

China's "big four" banks have suffered a rare profit decline in the first half of the year, joining a growing body of financial institutions worldwide that have been hit by the coronavirus pandemic.

The Australian operation of Chinese telecommunications equipment maker Huawei said on Monday it would end its sponsorship of a national rugby league team a year earlier than expected due to a downturn in its business.

Anchor Dhobie de Guzman has been the face of a popular news show in the northern Philipines for more than a decade. Now the closure of his regional station -- and dozens of others countrywide -- has left him out of work.

CGS-CIMB has downgraded Singapore-based wealth management and brokerage platform iFast Corp to "hold" from "add", although it increased the target price to S$2.44, from S$1.85 previously.

WITH the US elections looming, a Trump presidency is not necessarily better for the US dollar (USD), while a Biden administration may not be as USD-negative as believed, OCBC Treasury Research said in a research note on Friday.

TOKYO: At a factory south of Japan's Toyota City, robots have started sharing the work of quality-control inspectors, as the pandemic accelerates a shift from Toyota's vaunted "go and see" system which helped revolutionise mass production in the 20th century. Inside the auto-parts plant of Musashi ...

SHANGHAI: China said on Monday (Aug 31) it had launched an anti-subsidy investigation on some wine imports from Australia, two weeks after announcing it had begun an anti-dumping probe on such imports. The investigations come against a backdrop of increasing tensions between the two countries ...

BANK lending in Singapore extended its slide for the fifth straight month in July, dipping 0.2 per cent from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) showed on Monday.

WELLINGTON: The New Zealand stock market was hit by a fifth day of cyber attacks on Monday, crashing its website, but maintained trading after switching to a contingency plan for the release of market announcements. NZX Ltd was halted for most of last week due to the attacks, which...