Markets

SINGAPORE: A new foundation established by Singapore-based fintech firm Aleta Planet has donated S$100,000 to the Mediacorp Enable Fund, the company said on Friday (Oct 16) in a media release. Aleta Planet announced on Friday that the foundation will make donations to various charities, aiming to ...

The world's Big Four accounting firms increased earnings from their dominance of UK blue-chip audits last year, the sector's regulator said on Friday, indicating that efforts to improve competition have made little headway.

The two largest U.S. energy firms, Chevron Corp and Exxon Mobil Corp, have increased their share of campaign donations to Democrats this year, according to latest filings, amid a looming battle over fracking.

SINGAPORE: Companies that have already exhausted other cost-saving measures should consider implementing temporary wage cuts, but only to the extent needed to minimise retrenchments, said the National Wages Council (NWC) on Friday (Oct 16).  The pay cuts should depend on the performance and ...

SINGAPORE: Popular travel vlogger Nuseir Yassin, better known as Nas, said his company will build a second office in Dubai so it can tap into the Middle East market.  Responding to CNA queries via email on Friday (Oct 16), Mr Yassin said his goal was "to have operations in every...

Facebook's Instagram has agreed measures to crack down on hidden advertising by paid so-called influencers on its photo and video platform, Britain's Competition and Markets Authority (CMA) said on Friday.

China's state broadcaster CCTV warned Friday those who "hurt the feelings of the Chinese people will have to pay a price" after Houston Rockets general manager Daryl Morey stepped down.

SINGAPORE: Three retail outlets have voluntarily agreed to stop using misleading language in their advertisements, said the Competition and Consumer Commission of Singapore (CCCS) on Friday (Oct 16).  The operators of ABC Bargain Centre, ABC Express and Valu$ said they would not use phrases such ...

SYDNEY: China has now started targeting cotton imports, Australian producers said on Friday (Oct 16), adding to an ever-expanding list of products targeted by Beijing as relations between the two countries continue to sour. After measures aimed at the coal, wine, beef and barley sectors - industry ...

Foxconn Chairman Liu Young-way said on Friday the company hopes to take 10per cent of global market share for electric vehicles between 2025-2027, and that it has been in talks with multiple carmakers for future cooperation.