Markets

SINGAPORE: Food delivery platforms have seen a spike in rider signups as Singapore moves into the second week of a month-long “circuit breaker” period aimed at breaking the COVID-19 cycle of transmission.  Deliveroo saw an 80 per cent increase in rider applications in the past month, and has added...

Air fares have fallen as much as 30per cent since the start of the year in North America and Europe, according to the first of a new series of industry data, while stabilising on a smaller decline in Asia where some coronavirus lockdowns are being eased.

SINGAPORE: Hyflux has been given the go-ahead by the Singapore High Court to postpone its scheme meetings and have its debt moratorium extended by another three months, it said in a bourse filing on Thursday (Apr 16). The troubled water treatment firm had filed the urgent applications on Apr 7...

A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and potentially reshaping the world of foreign-exchange dealing beyond the crisis.

HONG KONG financial services firm AMTD Group and its charity foundation have partnered the Asean Financial Innovation Network to establish a S$50 million fund to support regional fintech firms during the Covid-19 pandemic.

Activist investor Starboard on Thursday ended its proxy fight at eBay by withdrawing its four director nominees four days after the ecommerce company named a new chief executive.

PRAGUE/WASHINGTON/LONDON: The Czech Republic warned international allies on Thursday of a imminent wave of disruptive cyberattacks against the country's hospitals and other parts of its critical infrastructure. The country's NUKIB cybersecurity watchdog said the attacks, designed to damage or ...

Uber Technologies Inc said on Thursday it expects an impairment charge of up to US$2.2 billion in the first quarter due to the coronavirus outbreak and revenue to decline by US$17 million to US$22 million in the quarter.

REUTERS: U.S. fintech startup Stripe Inc said on Thursday it raised US$600 million, as companies that provide the online infrastructure for financial and payment services get a boost from the coronavirus pandemic. Fintech start-ups attracted a flood of investments last year as they pushed ...

Toyota-backed self driving company Pony.ai said on Friday it would provide an autonomous delivery service to residents of Irvine, California, as demand for online orders surges because of the coronavirus lockdown.