Markets

More foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing's propaganda offensive against H&M over the Swedish company's previously aired concerns on Xinjiang.

The United States and Taiwan are natural partners when it comes to semiconductors and promoting this cooperation is a U.S. priority, the de facto U.S. ambassador in Taiwan said on Thursday.

SINGAPORE: More than S$3 billion in payouts will be disbursed to employers under the Jobs Support Scheme (JSS) from Mar 30.  The payouts will be given to more than 150,000 employers to support the wages of more than 2 million local employees, said the Inland Revenue Authority of Singapore...

BRUSSELS: Europe needs to pump 300 billion euros (US$355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potential of the technology, a report said on Thursday. The study by consulting...

A U.S. government plan to upgrade the nation's infrastructure could further fuel the stock market's rally, but skepticism about a massive spending package navigating political obstacles and the speed of any benefits filtering into the economy stand to temper any enthusiasm.

Chinese tech giant Tencent said on Thursday its cellphone action game PUBG Mobile has surpassed 1 billion accumulated downloads outside China, making it one of the most successful games worldwide.

DBS announced that it has partnered Chubb Insurance to offer DBS/POSB customers free insurance for unexpected complications arising from the Covid-19 vaccine.

The transition towards green energy imperils oil-producing states that have lagged in diversifying their economies, United Kingdom-based risk consultancy Verisk Maplecroft warned in a report on Thursday.

SINGAPORE: Low tide overnight has slowed efforts to dislodge a 400m long, 224,000-tonne container vessel that has choked traffic in both directions along the Suez Canal and created the world's largest shipping jam. The Ever Given vessel ran aground diagonally across the single-lane stretch of the ...

CIMB Singapore will be laying off staff and shutting its branch in Orchard Road as part of a restructuring exercise following a review of its business, according to an internal memo seen by The Business Times (BT).