Markets

Britain's NatWest Group has kicked off a campaign encouraging customers to dump the discredited Libor lending rate, as the coronavirus pandemic slows the pace at which borrowers are shifting to alternatives.

Frederic Oudea promised Societe Generale investors "growth with lower risk" after he became chief executive in 2008, the year a rogue trader lost billions in equity derivatives and brought the French bank close to collapse.

SINGAPORE: About 33,100 job seekers have been placed into jobs, traineeships and training opportunities under the SGUnited Jobs and Skills Package as of end-August, said the Ministry of Manpower (MOM) on Wednesday (Oct 7).  This is an increase of 9,100 from the 24,000 job seekers placed as of end ......

TOKYO: The Tokyo Stock Exchange (TSE) has appointed four external board members to a committee to investigate last week's trading outage as its system developer, Fujitsu, continues to examine the cause of the incident. A hardware glitch paralysed trading in the world's third-largest equity market ...

Google, Oracle meet in copyright clash at Supreme Court

Overall unemployment rate climbed to 3.4% in August, and it “remains to be seen” if it will rise more quickly in the coming months, said the Manpower Ministry.

THE fortunes of Asia's wealthiest have grown more polarising, with billionaires in the booming tech and healthcare sectors pulling ahead of their peers as the Covid-19 crisis accelerates the divergence.

Japan's Sharp Corp said on Wednesday it has signed a licensing agreement with Daimler as it settled a patent infringement lawsuit against the German automaker over in-vehicle mobile communications technology.

THE Charles Schwab Corporation, the largest discount brokerage in the US financial world, has completed its acquisition of rival TD Ameritrade in an all-stock deal valued at about US$22 billion.

MANILA: Online misinformation is leaching out from cheap mobile phones and free Facebook plans used by millions in the Philippines, convincing many to reject vaccinations for polio and other deadly diseases. Childhood immunisation rates have plummeted in the country - from 87 per cent in 2014 to ...