Markets

INFRASTRUCTURE financing platform Bayfront Infrastructure Management has inked partnerships with 15 global banks in its first month of operations.

ALMOST half of the current banking customers are willing to try using the new digital banks which will operate entirely online without any physical bank branches. The survey of the finance and insurance sector done in the fourth quarter of last year showed that 43.3 per cent...

WHEN Singapore first introduced PayNow in July 2017, the funds transfer service was used primarily for small transactions between friends who had linked their bank accounts to their phone number.

NEW YORK: Wall Street stocks finished lower following a choppy session on Tuesday (Apr 28) as mixed earnings reports and weak consumer data underscored the economic challenges caused by the coronavirus shutdowns. The Dow Jones Industrial Average lost 32.23 points (0.13 per cent) at 24,101.55 ...

REUTERS: Starbucks Corp said on Tuesday it expects comparable sales in China in the current quarter to decline between 25per cent and 35per cent, hurt by the coronavirus pandemic that has forced it to close stores and limit operations. The company did not forecast sales for its U.S. business...

As Detroit's automakers seek to restart their U.S. plants during the coronavirus pandemic, two health experts advising Michigan's governor and the United Auto Workers union warned against an over-reliance on masks and face shields to keep workers safe.

Google parent Alphabet Inc beat Wall Street estimates for first-quarter revenue on Tuesday, recording 13per cent growth even as companies drastically slashed spending during the coronavirus crisis.

Top Trump adminstration officials on Tuesday predicted a strong economic rebound in the fourth quarter as the coronavirus fades, but a senior White House adviser warned that near-term unemployment and GDP data will be a "very grave" negative shock.

Shrugging off reams of terrible economic data, plunging oil prices and dire corporate profits, world stocks have recouped around half of this year's coronavirus-linked losses as investors flip over their calendars to bet on a strong recovery in 2021.

Boeing Co's grounded 737 MAX jet is expected to remain grounded until at least August as the manufacturer continues to grapple with software issues, people briefed on the matter told Reuters.