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Markets

Commentary: Why luxury brands are weathering the pandemic better than other retailers

Luxury brands can mark up prices up to 20 times their cost and yet stay profitable in a pandemic. This has to do with the way they are structured, says one observer.

Markets

Commentary: Worried about keeping your job? Here’s advice to soothe your concerns no matter how old you are

Managing your career is an individual responsibility, with or without a pandemic, says Paul Heng.

Markets

Gen Z youth more interested in digital investment: OCBC

DIGITAL investments made by Gen Z youth have tripled over the past year, data from OCBC found, with micro-investing, which allows investors to start investing with very low minimum investment amounts, a hit among the group.

Markets

Sub-1% mortgages draw well-heeled borrowers

BUYING a private home just got cheaper with a promotional rate of sub-1 per cent offered by Citibank.

Markets

7 in 10 SMEs confident of repaying loans in 2021: DBS

SEVEN in 10 small and medium-sized enterprises (SMEs) in Singapore's most embattled sectors are confident of meeting their repayment obligations for government-backed loans in 2021, said a DBS survey.

Markets

Bitcoin on course to test 20,000

BITCOIN was started in 2009 when a man by the name of Satoshi Nakamoto first launched the cryptocurrency through an open-source platform. The blockchain technology garnered the attention of the relatively obscure tech market, and prices of one Bitcoin grew from US$0.30-5.27 in 2011 alone.

Markets

Nissan plots digital course for car sales in a post-pandemic world

As COVID-19 threw a wrench into the cogs of car retailing, a senior Nissan board member challenged the chief operating officer to explain what the automaker was doing to adapt to a new era where customers may be reluctant to roam showrooms.

Markets

Canada’s Gardaworld extends offer for UK’s G4S

Canadian security firm GardaWorld, which launched a hostile bid last month for larger rival G4S Plc , said on Sunday it has extended its offer after the British company repeatedly rejected its offers.

Markets

SocGen to announce 650 job cuts in France, Les Echos reports

French bank Societe Generale is set to cut 650 jobs in France, mainly in its investment banking division, French business newspaper Les Echos reported on Sunday.

Markets

Homebound workers inject life into suburban malls after downtowns empty out

As the coronavirus pandemic rages and most downtown office employees in many cities work from home at least through year-end, urban retailers' loss is turning out to be suburban shopping centres' gain.

Markets

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