Markets

TWO Singapore banks have ramped up on efforts to boost efficiency in trade finance, an old trillion-dollar industry that until recently had been heavily based on paper documents.

SINGAPORE: The Restaurant Association of Singapore (RAS) on Monday (Mar 2) said it is “deeply disappointed” with landlords for not following through with their earlier announcements of rental rebates for tenants. Many food and beverage (F&B) businesses “have yet to receive any offers or ...

Nokia Oyj appointed former Fortum CEO Pekka Lundmark as Chief Executive to lead the Finnish telecoms equipment maker in the race to deliver 5G telecoms networks to operators around the world.

Bali's Galungan festival celebrates the triumph of good over evil, but a new enemy was threatening that cosmic balance this year - coronavirus.

SINGAPORE: Ride-hailing company Gojek said on Monday (Mar 2) that it will levy a S$0.70 surcharge on every trip booked through its platform from Mar 9. "The amount collected from this will go directly towards initiatives designed to improve the experience for customers and driver-partners, so that ...

Online food delivery company Just Eat Takeaway said on Monday it had started arbitration proceedings against a move by rival Delivery Hero to increase its stake in the company because it said it broke a standstill undertaking.

South Korea's Hyundai Motor said on Monday its sales fell 13per cent on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of parts from China.

The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict.

OSLO: Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum, the telecoms equipment maker said on Monday. Suri steps down after more than a decade in charge of Nokia and Nokia Siemens...

Samsung Electronics has started building a US$220 million research and development centre in Vietnam, the South Korean tech giant's local unit said on Monday.