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Samsung Electronics wins US$6.7 billion Verizon order for network equipment

Samsung Electronics said on Monday its U.S. unit won a 7.9 trillion won (US$6.7 billion) order to provide wireless communication solutions to Verizon in the United States.

Markets

Samsung Elec wins US$6.7 billion Verizon order for network equipment

Samsung Electronics said on Monday its U.S. unit won a 7.9 trillion won (US$6.7 billion) order to provide wireless communication solutions to Verizon in the United States.

Markets

SoftBank shares down 3per cent after media reports of tech firm bets

SoftBank Group Corp shares fell 3per cent in early trading on Monday following media reports that the conglomerate made big bets on equity derivatives tied to listed tech companies.

Markets

Australia turns to idled factories to pull it out of COVID slump

In 2017, the last car Australia built rolled out of a General Motors' plant in the city of Adelaide, ending seven decades of local automotive history and the belief that the country's factories could ever compete globally.

Markets

Commentary: Five smart ways to handle remote work, and two dumb ones

There are many ways companies can help isolated staff feel connected and manage the stresses of a work-life with fewer boundaries, says the Financial Times' Pilita Clark.

Markets

Commentary: World’s struggle with coronavirus will affect growth and employment for a long time

The insecurity fueled by COVID-19 will weigh on the global economy long after the worst is in the past, says an economist.

Markets

China Life Singapore to hire more than 500 consultants in next five years

CHINA Life Insurance (Singapore), which normally sells its insurance products through banks and financial companies, now plans to hire more than 500 consultants in Singapore over the next five years to provide a more dedicated service to its clients.

Markets

DBS named world’s best bank for third consecutive year

DBS has been named the best bank in the world by New York-based financial publication Global Finance, marking the third year in a row that the Singapore-headquartered bank has received the accolade from a financial publication.

Markets

Pennant formation marks inflection point for NZDUSD

The NZDUSD pair started off the year uneventfully by making a series of slow descends from 0.6757 to 0.6193 from the period of January to March 2020. The Covid-19 pandemic, which escalated in March, stirred up high levels of volatility and exacerbated the downward descend by twice...

Markets

Canada to extend rent-relief program for small businesses: Report

The Canadian government will extend its coronavirus rent-relief program for small businesses into September, the Globe and Mail reported late on Saturday, citing sources familiar with the policy discussions.

Markets

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