Markets

Malaysian glove manufacturer Top Glove Corp Bhd has been charged with failing to provide worker accommodation meeting the minimum housing and amenities standards set out by the country's Labour Department, state news agency Bernama reported.

China's government has asked Alibaba Group Holding Ltd to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Volkswagen targets an operating margin of 7per cent-8per cent in the years after 2021, it said on Tuesday, adding 2 billion euros (US$2.39 billion) in fixed cost cuts would help achieve it.

Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the need for the central bank to "prepare thoroughly" for the time it may need to issue its own digital currency.

Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company's Sackler family owners to contribute nearly US$4.3 billion to the settlement.

Asian stocks were set to open higher on Tuesday after Wall Street's main indexes closed at record highs and investors awaited comments from the U.S. central bank's meeting later this week.

SINGAPORE: Asian fuel exporters are hungrily eyeing Australia as the country's shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets. China appears to be best placed to take advantage of the opportunity, industry sources and analysts told ...

LOGOS is partnering Credit Agricole CIB for a new three-year S$48 million green financing package, which is allocated to its new facility Logos Food21. The green loan also includes a green interest rate swap (IRS), the first green IRS in Singapore.

Encrypted messaging app Signal appeared to no longer be working in China without the use of a virtual private network (VPN) on Tuesday morning, users in the country said.

SINGAPORE: Singapore recorded its sharpest fall in total employment in more than two decades in 2020, with non-residents accounting for all of the employment decline, said the Ministry of Manpower (MOM) on Tuesday (Mar 16). Total employment, excluding foreign domestic workers, contracted by 166 ...