Markets

SINGAPORE: The pressure on jobs brought about by the effects of COVID-19 has had an unexpected casualty: Santa Claus. Demand for appearances by him has been crippled, amid weak business sentiment and continued efforts to limit the spread of COVID-19.  “We haven’t had any bookings at all from the...

Covid-19 has transformed the way businesses transact with banks around the world, accelerating digitalisation at a pace never seen before.

BLACKROCK, the world's largest asset manager, has issued an update of its global principles and voting guidelines for 2021, taking its strongest stance yet on sustainability and governance.

EAGER to capitalise on the growing appetite for digital assets, South-east Asia's largest lender announced that it will launch a crypto trading platform as early as next week.

STANDARD Chartered Singapore was awarded enhanced "Significantly Rooted Foreign Bank" (SRFB) privileges by the Monetary Authority of Singapore (MAS) on Thursday, paving the way for it to set up a digital-only bank.

The European Central Bank unleashed another half-trillion euro (US$600 billion) wave of stimulus as a winter surge in COVID-19 infections shuts down large parts of the economy and wipes out pre-Christmas sales revenue ahead of the region's most important holiday.

Apple Inc was sued on Thursday by the creator of a once-popular app store that accused the iPhone maker of illegally monopolizing software distribution on its own operating system.

Mastercard Inc said on Thursday it was ending the use of its cards on Pornhub after its investigation confirmed the presence of unlawful content on the sex videos site.

A U.S. lawsuit that could lead to the break-up of Facebook Inc's social media empire may be hindered by the government's role in the company's monopoly building, and a recent dearth of similar cases, legal experts said. In twin lawsuits on Wednesday, the Federal Trade Commission and 48 U.S...

WASHINGTON: The U.S. government posted a US$145 billion budget deficit for November, down from US$209 billion a year ago, the Treasury Department said on Thursday, but the decline was largely due to calendar shifts of federal benefit payments. Without these adjustments, Treasury said November ...