Markets

Workers in their 40s and 50s today face greater job insecurity due to Singapore’s ongoing economic restructuring efforts to raise skills and productivity, as well as disruption caused by rapid technological changes. 

MAINBOARD-LISTED Sing Investments & Finance (SIF) could lose 3 to 5 per cent of its corporate customers to digital banks. However, it'd be wrong to think that the finance company with 55 years of history is going to take this lying down.

ASIA is riding on unprecedented wealth creation, but for investment banks operating here, executing deals profitably on behalf of tycoons building business empires in this part of the world is far less straightforward.

ALL good things must come to an end. Users of mobile wallet GrabPay and its extension - the physical GrabPay Card - are fast learning this as more and more banks stop credit card rewards for GrabPay top-ups.

Canadian authorities on Sunday reached a tentative deal with an indigenous group in the Pacific province of British Columbia that could end solidarity protests across Canada that have been blocking rail lines and roads for weeks.

United Airlines Chief Executive Oscar Munoz told employees the U.S. airline would likely need to cut additional flights in the wake of sagging demand because of the coronavirus outbreak, the airline confirmed on Sunday.

Senior officials in President Donald Trump's administration on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the U.S. public had over-reacted and that stocks would rebound due to the American economy's underlying strength.

Coronavirus concerns prompted organizers on Sunday to cancel the CERAWeek energy conference that annually brings together oil ministers and senior executives from the energy and financial industries, the latest event to be scrapped as the disease spreads.

OSLO: Norway's US$1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters. The fund's ethics body is, separately, opening a new front, said Johan...

The consortium that won the bid to acquire Thyssenkrupp's elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday.