Markets

SAN FRANCISCO: Apple announced Monday (Apr 26) it plans to boost its investment plans in the United States to US$430 billion over the next five years, saying this would add about 20,000 jobs. The updated plan includes more than US$1 billion for a new campus and engineering hub in...

SINGAPORE: Construction on the Pasir Ris interchange MRT station along the Cross Island Line is expected to start in the fourth quarter of 2021, said the Land Transport Authority (LTA) on Monday (Apr 26).  Passenger service is projected to start in 2030, it added. A contract worth S$980 ...

LONDON: British asset manager Standard Life Aberdeen said on Monday (Apr 26) it plans to change its name to "Abrdn PLC" as part of a plan to shore up and modernise its brand identity. The new name - which will be pronounced "Aberdeen" - comes after the company sold...

SINGAPORE is looking to connect with more payment systems to speed up cross-border payments.

WITH Coastal Oil Singapore facing severe cash flow problems since mid-2016, its chief financial officer - together with three others including co-director Tan Sing Hwa - conspired to use forged invoices to cheat banks here and in Hong Kong into disbursing US$320 million, the court heard on Monday....

SINGAPORE: The Singapore Food Agency (SFA) said on Monday (Apr 26) it has awarded more than S$23 million to fund 12 research and development projects in sustainable urban food production. The grant is in support of Singapore's "30 by 30" goal for food security, in which the country aims...

TOKYO: Japan's biggest airline ANA said on Monday (Apr 26) it aims to become carbon neutral by 2050 through new technology, emissions trading and other efforts. It comes after Prime Minister Yoshihide Suga announced last week that Japan would target a 46 per cent cut in greenhouse gas emissions...

SINGAPORE: Construction firms will get more flexibility to hire workers from China and more time to complete public sector projects as part of support measures announced on Monday (Apr 26). This is to mitigate the effects of a ban on long-term pass holders and short-term visitors from India after ...

OCBC has appointed Ivy Au-Yeung as chief executive officer (CEO) of OCBC Wing Hang Bank, as the current head of the bank's Hong Kong unit retires.

SINGAPORE: Singapore's manufacturing output rose 7.6 per cent year-on-year in March for a fifth consecutive month of growth, albeit at a slower pace than the previous months. March's expansion follows a 16.5 per cent year-on-year increase in February, according to official data released on Monday ...