Markets

SINGAPORE: Consumer prices in Singapore rose in April, driven by smaller declines in electricity and gas costs, as well as retail and other goods, data showed on Monday (May 24).  This is the third straight month that Singapore's core inflation has remained positive. Core inflation rose 0.6 per ......

South Korea's Hyundai Motor plans to ship a new series of fuel-cell trucks to Europe later this year, turning up the heat on rivals in a battle to test the viability of hydrogen-powered heavy goods transport.

SINGAPORE: Eleven companies have been fined for failing to ensure work-from-home as a default arrangement for employees who are able to do so, said the Ministry of Manpower (MOM) and Ministry of Trade and Industry (MTI) on Monday (May 24). The penalised companies were among more than 530 ...

If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.

SINGAPORE: The High Court has accepted a request to freeze up to US$3.5 billion (S$4.7 billion) of worldwide assets of Lim Oon Kuin and his two children following the collapse of Lim's oil trading firm Hin Leong Trading, the company's liquidators told creditors in an email reviewed by Reuters...

The dollar stood near its lowest level in three months against a resurgent euro, and traders pared earlier bets the Federal Reserve may move soon to taper its stimulus though markets were not fully convinced that higher U.S. inflation is transient.

CITI has appointed Serene Gay as its new Singapore head of credit cards and personal loans for its global consumer banking (GCB) business.

Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling.

The dollar stood near its lowest level in three months against a resurgent euro, struggling for traction as investors pared earlier bets the U.S. Federal Reserve may soon be ready to taper its stimulus.

Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.