Markets

PING An Insurance's OneConnect, which bowed out of the digital banking race in Singapore, has emerged as the technology partner for one of the consortia gunning for a licence here.

The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus.

Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six months as sales have been hit by the coronavirus outbreak.

Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.

Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.

GFL Environmental Inc on Monday raised about US$1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.

Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus.

WASHINGTON: Novartis unit Sandoz has agreed to pay US$195 million to reach a deferred prosecution agreement aimed at resolving antitrust charges, the Justice Department said on Monday (Mar 2). The probe covers 2013-2015, said the department, which has been probing the generic drug industry for ...

NEW YORK: Wall Street stocks surged on Monday (Mar 2), staging a dramatic comeback after an historically bad week as markets cheered news that global finance heavyweights plan a coordinated response to the coronavirus epidemic. The Dow Jones Industrial Average jumped 1,293.96 points (5.09 per ...

FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity bidding for a digital full bank in Singapore, BT understands.