Markets

SINGAPORE: When news broke on Saturday (May 22) that JEM and Westgate shopping malls would be closed for two weeks, their tenants scrambled to make arrangements. Like many retailers, the tenants at JEM and Westgate had already been hard-hit by the COVID-19 pandemic, as well as recently introduced ...

Russia's communications watchdog on Monday gave Google 24 hours to delete what it called prohibited content and said that Moscow could impose a punitive slowdown measure on it, the TASS new agency reported.

Israel has established rules to open up the Tel Aviv stock market for special purpose acquisition companies (SPACs), aiming to join in a boom in these investment vehicles which have raised billions of dollars in the United States.

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on the company's staff to "dare to lead the world" in software as the company seeks growth beyond the hardware operations that U.S. sanctions have crippled.

SINGAPURA Finance disposed of its stake in MatchMove PowerBank(S) following its unsuccessful attempt to obtain a digital bank licence in Singapore, the mainboard-listed lender said in a regulatory filing on Monday.

LONDON: Britain welcomes the United States' renewed commitment to reaching an agreement on how large digital companies are taxed, a spokesman for Prime Minister Boris Johnson said on Monday, adding such firms should pay tax that reflects their activities. "Reaching an international agreement ...

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on staff at the company to "dare to lead the world" in software as the company seeks growth beyond hardware operations crippled by U.S. sanctions.

Next month's Mobile World Congress (MWC) in Barcelona is shaping up as an early test of how quickly the global business events industry will bounce back from the pandemic, with a range of hi-tech solutions being rolled out to try to keep visitors safe.

HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters.

JAKARTA: State-owned Indonesia Battery Corporation (IBC) and South Korea's LG will build a new battery plant worth US$1.2 billion with the capacity of 10 gigawatt hours (GWh), Indonesia's investment minister said on Monday. The plant, part of a bigger US$9.8 billion electric vehicle deal ...