Markets

The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency, joining efforts by other central banks that are aiming to match the innovation in the field achieved by the private sector.

SEOUL: South Korea's LG Electronics will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10 per cent share...

SINGAPORE: Singapore Airlines (SIA) plans to integrate a digital health verification process into its mobile app from the middle of the year, after a recent trial of IATA's travel pass for COVID-19 test results and vaccine certificates was "well-received" by passengers.  SIA tested the IATA app on ...

OUTGOING OCBC chief Samuel Tsien took home a total salary of S$8.6 million in 2020, about 22.5 per cent lower than S$11.1 million in 2019, the bank's annual report showed on Monday.

THE chief executives of Singapore’s banking trio drew lower salaries in 2020 as the pandemic took a bite out of banks’ earnings last year.

INVESTMENT firm Sun Venture has obtained an 85.5 million-pound (S$159.2 million) green loan from OCBC through the bank's London branch, the two entities said in a joint release on Monday.

SEOUL: South Korea's LG Electronics said on Monday (Apr 5) it will end production and sales of its loss-making smartphone division. LG had announced in January it was considering all options for the business after logging nearly six years of losses totalling some US$4.5 billion. Talks to sell ......

South Korea's LG Electronics Inc said on Monday it will end production and sales of its loss-making smartphone division.

Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated.

SINGAPORE: Oil prices edged down in early Asian trade on Monday (Apr 5) after OPEC+ agreed last week to gradually ease some of its production cuts between May and July. Brent crude futures for June fell 16 cents, or 0.2 per cent, to US$64.70 a barrel by 2351 GMT...