SINGAPORE'S bank lending rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday.
Asian shares rallied on Monday as some semblance of calm returned to bond markets after last week's wild ride, while progress in the huge U.S. stimulus package underpinned optimism about the global economy and sent oil prices higher.
When Japan's Honda Motor Co Ltd stopped using Sumitomo Mitsui Trust Bank Ltd as its stock transfer agent last year, the lender slapped it with a roughly US$4 million termination fee, according to two people familiar with the matter.
Two South Korean technology companies are borrowing from mobile gaming to shake up - and dominate - Japan's storied manga industry, a plot twist that has expanded the comics' fanbase to a new generation of readers.
Cloud-communications firm Twilio Inc is in talks to invest as much as US$750 million in Syniverse Technologies LLC, the Wall Street Journal reported on Sunday.
AstraZeneca Plc has sold its stake in Moderna Inc for more than US$1 billion after the American biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported.
The Government’s earlier start-stop approach to EV adoption for more than a decade has left some industry players and prospective buyers wondering about its future amid announcements of ambitious targets in Singapore's Green Plan 2030.
