Markets

BEIJING: China's factory activity grew at a slower pace in August as floods across southwestern China disrupts production while smaller firms continued to struggle, potentially tempering a robust recovery for the economy from the coronavirus shock. The official manufacturing Purchasing Manager's ...

TOKYO: Fumio Kishida, a senior Japanese ruling party official seen as among candidates to become next prime minister, on Monday (Aug 31) voiced caution over the idea of cutting the sales tax rate to help the economy weather the hit from the coronavirus pandemic. "The sales tax is a...

SHANGHAI: China's central bank lifted its official yuan midpoint to the highest in 13 months on Monday (Aug 31) to reflect persistent weakness in the US dollar in global markets. The People's Bank of China (PBOC) set the midpoint rate at 6.8605 per dollar prior to the market open, 286...

Shares in wireless carrier SoftBank Corp fell 3per cent in early trading on Monday after parent SoftBank Group Corp said it would sell up to 22per cent of the telco's shares, slashing its exposure to the carrier to 40per cent.

Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5per cent stakes in each of the five leading Japanese trading companies.

Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5per cent stakes in each of the five leading Japanese trading companies.

The retail sector has been one of the worst affected by COVID-19 restrictions. But as the pandemic progressed, buyers flocked online to buy everything from food to fitness equipment, leading to a surge in e-commerce. Money Mind takes a look at what the future of retail could look like....

Trainees under the national SGUnited Traineeships Programme had their doubts about the scheme but were assuaged once they started working though some say they still have burning questions about job prospects and fair treatment.

Early industry hopes that Singapore might be able to win over some primary start-up IPOs from Nasdaq have given way to reality that US capital markets are still the most attractive, says Kenneth Lim.

WITH unemployment set to rise amid Singapore's deepening recession, there have been calls of late to bring home back-office jobs in the banking industry that have been offshored to countries with lower labour costs and abundant manpower.