Markets

Japanese Prime Minister Yoshihide Suga on Monday brushed aside calls for the government to compile a supplementary budget to support a pandemic-ravaged economy.

SEOUL: South Korea President Moon Jae-in said on Monday (May 10) that the government will further boost fiscal spending if needed to increase jobs, as the country deals with its worst unemployment rate in two decades.

DBS announced on Monday that it has issued more than S$450 million in Singapore Overnight Rate Average (Sora)-pegged loans as at end-April 2021, just over six months after the bank launched the market's first Sora-pegged business property loan.

BEIJING: China's market regulator said on Monday it fined online education startups Yuanfudao and Zuoyebang 2.5 million yuan (US$388,754) each for misleading consumers. Alibaba-backed online tutor Zuoyebang was found to be using false advertising while Tencent-backed education technology firm ...

Nomura Holdings Inc said on Monday it will team up with Auckland-based investment and advisory firm Jarden Group Ltd in New Zealand and Australia, as Japan's biggest investment bank and brokerage seeks to expand its global presence.

PARIS: Climate change is set to devastate Kenya's tea production as the world's largest exporter faces rising temperatures, erratic rainfall and insect infestations, according to analysis released on Monday (May 10). Tea is the world's most consumed drink after water and disruption in supply from ...

Crude prices climbed more than 1per cent on Monday after a major cyber attack that forced the shutdown of critical fuel supply pipelines in the United States, highlighting the fragility of oil infrastructure.

:The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states.

Hong Kong's Cathay Pacific has launched its first U.S. dollar bond in 25 years, according to a term sheet seen by Reuters.

The dollar languished near a more than two-month low versus major peers on Monday as investors continued to assess the implications for monetary policy of a disappointing U.S. employment report, ahead of inflation data this week.