Markets

LONDON: UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday (Apr 23) it had filed an appeal in an Egyptian court over the detention of the vessel by authorities. The Ever Given has been anchored in...

LONDON: Bitcoin and other cryptocurrencies suffered hefty losses on Friday (Apr 23) on concern that US President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets. The selloff came after reports that the Biden administration is planning a raft of proposed changes ...

Japanese car giant Honda said on Friday (Apr 23) that it would aim to have electric and fuel cell vehicles account for 100 per cent of all sales by 2040 to promote climate goals.

SINGAPORE: Singapore's key price gauge rose by the fastest pace in more than a year in March, in part due to higher services inflation as well as smaller declines in retail and other goods, official data showed on Friday (Apr 23). The core inflation rate - the central bank's...

PHILLIP Capital Management (PCM) has appointed Stephen Beng as its first head of ESG (environmental, social and corporate governance) strategy.

A FRESH study showed that financial institutions in Singapore all say they want to be sustainable. But they are asking too how they compare with peers, and are pushing for a standard set of calculation for environmental, social, and corporate governance (ESG) performance.

A FRESH study showed that financial institutions in Singapore all say they want to be sustainable. But they are asking too how they compare with peers, and are pushing for a standard set of calculation for environmental, social, and corporate governance (ESG) performance.

SINGAPORE may "soon hear about the commercial launch of a multi-currency payment system for digital currencies", said a senior official of the Monetary Authority of Singapore (MAS) in a LinkedIn post this week.

SINGAPORE: Private home prices in Singapore rose 3.3 per cent in the first quarter of the year, topping flash estimates released earlier in the month. The private residential property price index increased to 162.2 points in the first quarter of 2021, up from 157 points in the last quarter of...

SINGAPORE: Resale prices in the public housing market rose 3 per cent in the first quarter of 2021 from the previous quarter, the Housing and Development Board (HDB) said on Friday (Apr 23). The resale price index, which provides information on the general price movements in the resale public ......