Markets

SINGAPORE: The Monetary Authority of Singapore (MAS) on Wednesday (Oct 14) kept its exchange rate-based monetary policy unchanged after two consecutive rounds of easing, in line with market expectations. In its half-yearly monetary policy statement, the Singapore central bank said it will ...

Hyundai Motor Group's heir apparent Euisun Chung was promoted to the group's chairman, a person familiar with the matter said, formally cementing his inheritance of the leadership position in the world's fifth-largest automaker group from his octogenarian father.

SINGAPORE: The Singapore economy shrank at a slower place of 7 per cent in the third quarter from the same period last year, following the phased reopening of the economy after the COVID-19 "circuit breaker" period.  This compares with an estimated 7.6 per cent contraction by private-sector ...

Jeffrey Ubben, the former activist turned ethical investor, said on Tuesday that environmental, social and governance concerns will increasingly hit companies' stock prices, just as climate change hurt oil and gas companies' shares.

The World Bank said its executive board approved on Tuesday US$12 billion in new funding for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests and treatments for their citizens.

Hyundai Motor Group's heir apparent Euisun Chung was promoted to the group's chairman, a person familiar with the matter said, formally cementing his inheritance of the leadership position in the world's fifth-largest automaker group from his octogenarian father.

Asian equities were set to slip on Wednesday as halted COVID-19 vaccine trials and an elusive U.S. stimulus agreement weighed on investor sentiment, while the dollar rose from Tuesday's three-week low as demand firmed for safe-haven assets.

About one-fifth of Japanese companies have no female managers and most say women account for less than 10per cent of management, a Reuters monthly poll found, highlighting the struggle for the government's "womenomics" drive to make headway.

SINGAPORE: A barrage of banners and posters screaming about bargains is usually a common sight at shopping malls along Orchard Road during the Great Singapore Sale (GSS). But this year, discount signs bearing the familiar GSS acronym were largely missing along the country’s prime shopping belt as ...

These include a reduction in low-wage foreign labour, a continuation of wage subsidies and expanded social protections, say Linda Lim and Irene YH Ng.