Markets

SINGAPORE: Singapore Press Holdings (SPH) will transfer its media business into a not-for-profit entity amid the ongoing challenge of falling advertising revenue, the company announced on Thursday (May 6). The restructuring exercise involves transferring the entire media-related business of SPH to ...

Australia's competition regulator on Thursday (May 6) said that it would block a pricing, code-sharing and scheduling deal between Qantas and Japan Airlines because it would likely mean higher fares for passengers.

SINGAPORE: The Bloomberg New Economy Forum will be held in Singapore from Nov 16 to Nov 19, bringing together business and government leaders and academics from around the world to discuss issues affecting the global economy. The annual conference was held online last year amid the COVID-19 ...

SINGAPORE: United Overseas Bank, reported an 18% rise in first-quarter net profit on Thursday (May 6), boosted by strong fee income growth, a decline in impairment charges and strong credit demand. "We expect this momentum to continue as economic and business activity picks up and market sentiment ...

UOB on Thursday said first quarter net profit rose 18 per cent from the year-ago period, with the rebound driven by record fee income and smaller impairment charges.

UOB said it will look at assets that Citi is putting up for sale in Asia Pacific, joining its Singapore peers in hunting down acquisitions for growth.

What the glittering top line economic growth figures out of China do not show is the millions of Chinese still living in poverty and this is an important driver of China’s political strategy, says an economics professor.

The hardships of the pandemic seem to have triggered a surge in some forms of labour organising, says an economist.

PRUDENTIAL Assurance Co Singapore has won a lawsuit against its former top group agency manager, Peter Tan Shou Yi, over the poaching of more than 220 agents for rival Aviva.

Uber Technologies said on Wednesday (May 5) its food-delivery business continued to grow despite gradual signs of US recovery from the COVID-19 pandemic, but ride-hail bookings were flat from the previous quarter.