Markets

SINGAPORE: The Ministry of Manpower (MOM) intends to review the hiring practices of companies whose "Singaporean core has been weakening", as well as those whose Employment Pass (EP) and S Pass workforce are "overly concentrated" from a single foreign nationality source, said Manpower Minister ...

South Korean prosecutors indicted Samsung Group's Jay Y. Lee on Tuesday on allegations of accounting fraud and stock price manipulation pertaining to a 2015 merger, dealing a fresh blow to the head of one of Asia's most valuable companies.

Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows.

Citigroup has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo seen by Reuters shows.

South Korean prosecutors indicted Samsung Group's Jay Y. Lee on Tuesday on allegations of accounting fraud and stock price manipulation pertaining to a 2015 merger, dealing a fresh blow to the head of one of Asia's most valuable companies.

German tech investment company Rocket Internet said on Tuesday it plans to delist its shares as it has sufficient access to capital outside the stock exchange and can better pursue a long-term approach to investing.

India's top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline.

Whoever succeeds Shinzo Abe as Japan's prime minister will be confronted with growing signs that the job market is deteriorating in an economy laid low by the coronavirus pandemic.

Apple Inc has asked suppliers to build at least 75 million 5G iPhones for later this year, along with new Watch models, a new iPad Air and a smaller HomePod, Bloomberg News reported on Tuesday.

As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry's patchy track record on takeovers is red flag for some investors.