Markets

TOKYO: Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings, spending 1.28 trillion yen (S$16.5 billion) to raise its stake to just under 60 per cent from 39 per cent now, the Japanese company said in a statement on Friday (Aug 21). Wuthelam will become a majority ......

ABOUT 73 per cent of Singapore businesses expect to use at least one fintech product or service in the next 12 months, compared with 67 per cent in the past 12 months.

TOKYO: Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings, spending 1.28 trillion yen (US$12.12 billion) to raise its stake to just under 60 per cent from 39 per cent now, the Japanese company said in a statement on Friday (Aug 21). Wuthelam will become a majority ......

South Korean retail investors are stampeding into Chinese stocks in record numbers, ploughing hundreds of millions of dollars into a tech sector rush far removed from punishing taxes and regulations on investment at home.

Facebook Inc on Friday pushed for legislation that makes it easier for users to transfer photos and videos to a rival tech platform, in comments it sent to the Federal Trade Commission ahead of a hearing on the topic on Sept. 22.

After Britain ordered the phased removal of Huawei from its 5G network, attention has now switched to China's role in other areas of the UK, particularly its involvement in key nuclear power projects.

OCBC Bank has provided a green loan of 115 billion South Korean won (S$132.6 million) to M&G Real Estate Asia to refinance an investment in Northgate, a green building in Seoul's central business district, with the bank as the sole lender and green adviser.

Japan's core consumer prices were stubbornly unchanged in July, dashing hopes for a modest rise as the coronavirus pandemic hit household demand and revived fears of a national plunge back into deflation.

Asian equities were poised to rise on Friday after a tech-driven rally on Wall Street in which the Nasdaq hit a record high despite downbeat data that affirmed the Fed's dour outlook on U.S. economic recovery.

In an unprecedented case, a former chief security officer for Uber Technologies was criminally charged on Thursday with trying to cover up a 2016 hacking that exposed personal information of about 57 million of the ride-hailing company's customers and drivers.