Markets

Swiss financial supervisor FINMA said on Wednesday it has opened enforcement proceedings against Credit Suisse in the 2019 spying affair that toppled the bank's leadership and tarnished its reputation.

Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.

US private equity giants TPG Capital and KKR, as PropertyGuru's largest shareholders, have pumped an additional S$300 million into the South-east Asia-focused property technology firm.

Exxon Mobil Corp is assessing possible job cuts across its worldwide operations, a spokesman said on Wednesday, after the company announced a voluntary job reduction programme in Australia.

Uber on Wednesday said it was seeking an urgent meeting with Hong Kong's government after drivers working for the company lost a landmark court case that could cripple ride-sharing apps in the finance hub.

DBS Group has received the green light from the China Securities Regulatory Commission (CSRC) to establish a joint venture (JV) securities company known as DBS Securities (China), in which DBS will have a controlling stake of 51 per cent.

A Citigroup China unit has received a domestic fund custody licence from the China Securities Regulatory Commission, the bank said on Wednesday, the latest foreign financial firm to expand its presence in mainland China.

The growing likelihood that Yoshihide Suga will succeed Shinzo Abe as Japan's new premier may be a mixed blessing for the country's central bank.

SINGAPORE: Online realty company PropertyGuru has raised another S$300 million from its existing investors KKR and TPG Capital, following its cancelled initial public offering (IPO) last year. "The additional investments from TPG and KKR will enable us to continue building Southeast Asia's ...

FREMONT, Calif.: As every new parent knows, sleep can go out the window after the arrival of a newborn. That was certainly the case for parents Radhika and Bharath Patil, who seeking relief for their own disrupted sleep patterns, put their electronic engineering backgrounds together to create a ......