Markets

SINGAPORE: Private developers sold 1,329 new homes excluding executive condominiums in September, marking the highest monthly sale in more than two years.   Last month's private home sales volume is the highest since July 2018, when 1,724 units were sold when sales surged as buyers tried to avoid ...

As Ant Group was working in August towards its giant IPO, at least two smaller Chinese banks with existing ties to the fintech firm decided to stop sourcing new consumer loans from it, people with knowledge of the matter said.

LONDON: Standard Chartered Plc's venture capital arm SC Ventures has made a strategic investment in Secret Double Octopus, a Tel Aviv-based startup providing authentication technology that removes the need for passwords, the companies said on Thursday. The financial terms of the deal were not ...

NEW YORK: Amazon.com has reinstated warehouse productivity quotas despite telling a judge it was suspending them during the COVID-19 pandemic, Bloomberg News reported on Wednesday (Oct 14), citing a court filing by company workers. The lawsuit claims the company's "oppressive and dangerous" ...

SYDNEY: Virgin Australia's Chief Executive Paul Scurrah will step down within weeks once the airline's sale to US private equity group Bain Capital is completed, the airline's administrator said on Thursday (Oct 15). Jayne Hrdlicka, a former head of the Jetstar budget offshoot of Qantas Airways ...

SEOUL: Big Hit Entertainment, the management label of popular South Korean boy band BTS, debuted at double its initial public offering (IPO) price on Thursday (Oct 15) as investors scrambled for a piece of the country's largest listing in three years. Big Hit shares opened at 270,000 won, valuing...

Asian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.

Women and minorities, who have been affected by pandemic-related job losses, will need help getting back to work as more economic activity shifts to sectors less dependant on face-to-face interaction, Dallas Federal Reserve President Robert Kaplan said on Wednesday.

The United States on Wednesday renewed pressure against Hong Kong's leader, accusing her of undermining autonomy from China, but stopped short of imposing sanctions on banks under a tough new law.

The US State Department has submitted a proposal for the Trump administration to add China's Ant Group to a trade blacklist, according to two people familiar with the matter, before the financial technology firm is slated to go public.