Markets

JAKARTA: Experts have cast doubt on Indonesia’s newly passed omnibus law, raising concerns over whether it can effectively create jobs and attract investments, while bureaucratic reforms are left unaddressed.  The Job Creation Law revises more than 70 existing laws and regulations and promises to ...

Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Resorts Ltd private while a director at the company he created.

BENGALURU: The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus restrictions, but demand continued to contract, prompting firms to cut more jobs, a private business survey showed on Tuesday (Oct 6). Signs of stabilisation in ...

CITI analysts remain "comfortable" with Singapore banks' credit cost forecasts even as debt relief for certain individuals and small businesses will be extended into 2021.

SINGAPORE: Legislating retrenchment benefits does not guarantee better outcomes for employees who were laid off, Manpower Minister Josephine Teo said in Parliament on Monday (Oct 6).  Responding to a question by Member of Parliament Louis Chua on whether a baseline retrenchment benefit can be ...

IOC gets official look at simplification for Tokyo Olympics

French waste and water firm Suez said on Tuesday it would do everything it could to avoid being taken over by rival Veolia after the latter succeeded in buying 29.9per cent of the company and launched a tender offer on the rest of the capital.

French luxury group Kering said on Tuesday it had completed the sale of a 5.9per cent stake in Puma for approximately 656 million euros (US$772 million).

A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in 2022, the company said on Tuesday.

Big Hit Entertainment, the management label for K-pop sensation BTS, saw robust but not spectacular demand in the first of two days of share offerings for retail investors, with sentiment hurt by increasing talk that the band's members may have to complete military service.