Markets

Deutsche Lufthansa on Thursday posted a smaller-than-expected net loss in the fourth quarter and forecast an operating loss in 2021 below last year's level.

HONG KONG: Hong Kong has been removed from an annual index of the world's freest economies because the think-tank that compiles the league table said the city was now directly controlled by Beijing. The announcement is a reputational blow for Hong Kong and comes as Beijing ramps up its bid...

Eight energy companies have failed to pay nearly US$1 billion for power and services during February's deadly power blackout in Texas, the state's grid operator said this week, and the costs are likely to fall on consumers.

Texas' power grid manager Bill Magness was fired amid growing calls for his ouster following February's deadly blackouts, the Associated Press reported on Wednesday.

The third time appeared to be the charm for Elon Musk's Starship rocket - until it wasn't.

SINGAPORE: Over the past three years, about 50 employers in Singapore have had their work pass privileges suspended for discriminatory hiring practices. About 60 per cent of these cases each year involved nationality-based discrimination, Minister of State for Manpower Gan Siow Huang told ...

Texas' power grid manager Bill Magness was fired amid growing calls for his ouster following February's deadly blackouts, the Associated Press reported on Wednesday.

INDONESIA financial and payment service platform PAYFAZZ announced on Thursday a US$30 million investment in Singapore-based payment solutions provider Xfers. With the investment, both payment companies have also agreed to operate under a new entity, Fazz Financial Group (FFG), to provide financial services across South-east Asia.

A U.S. judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the U.S. Securities and Exchange Commission that accused miner Rio Tinto of fraud at its Mozambican coal business, a court filing showed.

South Korea economy shrank in 2020 for first time in 22 years