Markets

The International Monetary Fund on Thursday (Apr 8) authorised a US$650 billion expansion of the 190-nation lending institution's resources with the aim of providing more support for vulnerable countries as they battle the coronavirus pandemic.

SINGAPORE: An upcoming trade show at the Marina Bay Sands (MBS) is set to welcome 2,500 participants, making it the biggest of such large-scale business events to be held in Singapore since the start of the COVID-19 pandemic. Set to take place from Jun 30 to Jul 2, the...

THE current global geopolitical situation will enhance Asean as a destination for supply chain financing - an opportunity that banks here should seize, said Wee Ee Cheong, the new chairman of the Association of Banks in Singapore (ABS) on Thursday.

Europe's ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in a report on Thursday, urging policy makers to focus instead on rebuilding the region's chip design industry.

Malaysian telecoms company Axiata Group Bhd and Norway's Telenor ASA are nearing a deal to combine their Malaysian mobile operations to create the country's top player in the highly competitive sector.

REUTERS: Gupshup on Thursday said it had raised US$100 million from investment firm Tiger Global Management, valuing the messaging services provider at US$1.4 billion. The company, which had its last funding round about a decade ago, said it saw greater investor demand than anticipated and ...

Production of some of Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday.

SEOUL: South Korea's Krafton Inc, the video game holding company that publishes the blockbuster game PlayerUnknown's Battlegrounds (PUBG), has applied for preliminary approval for an initial public offering (IPO), Korea Exchange said on Thursday. The IPO is expected to be one of the biggest ...

SINGAPORE: About S$370 million in government payouts under the Jobs Support Scheme (JSS) were erroneously credited to about 5,400 companies in October last year, after mistakes were made in computing the disbursements.    The overpayments make up about 6 per cent of the total amount paid out under ......

Uniqlo's parent company Fast Retailing said Thursday it expects a stronger rebound in full-year operating profit driven by a solid performance in East Asian countries hit less hard by virus lockdowns.