Markets

Coty Inc is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in a regulatory filing on Wednesday.

SINGAPORE: A former HR manager of Hyflux subsidiary Hydrochem was charged with three counts of corruption on Wednesday (Jun 3). Khoo Chen Ee, a 36-year-old permanent resident, was accused of corruptly accepting and agreeing to accept about S$7,000 from Elumalai Selvakumar, a director of Leeds HR ...

U.S. stock index futures climbed on Wednesday, with Nasdaq futures inching closer to a record high as investors remained optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest.

Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros (US$4.5 billion) over the next four years in France to develop renewable energy.

China's Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 2013 reported deep links between the firm and the telecom-equipment giant's chief financial officer, newly obtained internal Huawei documents ...

SINGAPORE: Landlords will have to dig into their pockets to provide small- and medium-sized enterprise (SME) tenants with more rental relief under amendments to COVID-19 regulations set to be introduced in Parliament on Friday (Jun 5). As long as the leases or licences were in force on Apr 1...

HONG KONG: Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, senior bankers said, in the latest blow to the territory's status as a major financial hub. US President Donald Trump has begun...

SINGAPORE: More than 5,400 home renovation projects have received approval to resume work, as Singapore moves into its first phase of reopening after the "circuit breaker" period. New applications to resume suspended renovation works will be approved within two days "if the submission is in order" ...

Nomura Holdings Inc is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred a huge shift to remote working, its chief executive said.

SINGAPORE: United Arab Emirates utility firm Utico said it "remains committed" to a S$400 million rescue deal with Hyflux, a day after authorities in Singapore launched criminal investigations into the troubled water treatment firm and its directors. “Utico remains committed to the restructuring ...