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Markets

Climate change ravages Kashmir’s ‘red gold’ saffron crop

On sweeping fields once blanketed in lush purple, a thin and bedraggled crop of flowers is all farmers in Indian-administered Kashmir's saffron-growing region Pampore have to show for this year's harvest.

Markets

SGX-backed iSTOX lists unicorn fund with US$20,000 minimum investment

CAPITAL markets platform iSTOX has listed a unicorn fund in digitised securities form, paving the way for accredited investors to access such funds with a minimum investment of US$20,000.

Markets

OCBC extended more than S$1b in Sora-linked home loans since launch

MORE than S$1 billion of home loans linked to Sora (Singapore Overnight Rate Average) - an alternative interest rate benchmark - was extended by OCBC Bank in less than six months since its launch, the lender said on Tuesday.

Markets

Austrians press EU to talk turkey, raise farm standards

As Katharina and Reinhard Bauer show off cosseted turkey chicks they highlight standards that they -- and the Austrian government -- would like the rest of the EU to adopt as well.

Markets

Oil slips again as new coronavirus strain proves ‘nightmare before Christmas’

Oil prices fell on Tuesday, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United Kingdom prompted several countries to close their borders to British travellers and freight.

Markets

Australian regulator rejects Google’s undertaking over Fitbit competition concerns

Australia's antitrust regulator on Tuesday rejected an undertaking by Alphabet Inc-owned Google that sought to address competition concerns over its planned US$2.1 billion acquisition of fitness tracker maker Fitbit.

Markets

Microsoft, Google, Cisco, Dell join legal battle against hacking company NSO

Tech giants including Microsoft and Google on Monday joined Facebook's legal battle against hacking company NSO, filing an amicus brief in federal court that warned that the Israeli firm's tools were "powerful, and dangerous."

Markets

Exclusive: Self-driving startup Ouster nears US$1.9 billion deal to go public -sources

REUTERS: Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go public at a roughly US$1.9 billion valuation through a merger with a blank-check acquisition firm, according to people familiar with the matter. San Francisco-based ...

Markets

‘Dozens of email accounts’ were hacked at US Treasury -Senator Wyden

Dozens of email accounts at the U.S. Treasury Department were comprised by the powerful hackers responsible for a wide-ranging espionage campaign against U.S. government agencies, the office of U.S. Senator Ron Wyden said on Monday.

Markets

Asian stocks slip on fresh COVID-19 concerns

Asian shares were poised for a weaker start on Tuesday, while oil prices fell, as investors worried a highly infectious new strain of COVID-19 that shut down much of Britain could lead to a slower economic recovery.

Markets

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