Markets

The Trump administration has proposed including a US$20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over US$1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.

Tesla Inc's Autopilot has ranked sixth in 10 driver assistance systems evaluated in a European safety assessment, scoring low on its ability to keep drivers engaged.

U.S. electric vehicle maker Tesla Inc cut on Thursday the starting price for its China-made Model 3 vehicles by around 8per cent to 249,900 yuan (US$36,805.21) after receiving Chinese subsidies for electric vehicles, according to its China website.

South Korean automaker Hyundai Motor Co said on Thursday its U.S. sales rose 5per cent in September, led by a quick recovery in demand for its high-profit SUVs.

Vanguard Group Inc said on Wednesday it will close most of its business managing money for institutional investors and large pension funds in Australia and New Zealand, and focus on serving retail clients.

SINGAPORE: More than 1,500 companies in the professional services sector have offered about 9,000 opportunities since April this year, with 80 per cent of which are for professionals, managers, executives and technicians (PMETs) roles, said the Ministry of Manpower (MOM) on Thursday (Oct 1). More ...

SINGAPORE: Electricity users in Singapore can choose to "green" a portion of their energy consumption under a new scheme, SP Group said on Thursday (Oct 1). Under the initiative, customers can purchase "green credits" and match their electricity consumption with an equivalent amount of energy ...

FOR many, the writing was on the wall. The Monetary Authority of Singapore (MAS) on Wednesday directed Wirecard to cease its payment services, and have all related entities return all customers' funds by Oct 14.

Share trading in Japan was suspended for the entire day on Thursday after the Tokyo Stock Exchange suffered its worst technical outage in history, leaving investors unsure when trading will resume in the world's third-largest stock market.

SEA Ltd's e-commerce platform Shopee and Visa have struck a five-year regional and strategic partnership.