Markets

Emirates airline said on Thursday it lost US$3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in over thirty years.

TOKYO: Baggy pants and oversized t-shirts helped spare Japanese fashion brand Uniqlo from the steep coronavirus-led fall in sales that hit rival fashion chains such as H&M and Zara. Now, Uniqlo founder and CEO Tadashi Yanai has shifted his sights to post-pandemic consumer spending, and he's ...

Foxconn , the world's largest contract electronics maker, on Thursday reported quarterly profit that beat market estimates, amid surging demand for telecommuting devices as the pandemic-induced work-from-home trend continues.

German engineering group Siemens on Thursday reported better-than-expected profit at its industrial business in the final set of results overseen by long-standing Chief Executive Joe Kaeser.

Deutsche Telekom raised its earnings guidance on Thursday as its reported forecast-beating third-quarter results, lifted by outperformance at its recently-merged U.S. unit T-Mobile .

SINGAPORE: The operator of Expedia Singapore has ceased false claims on the validity period of "daily deals" promotions on its website, said the Competition and Consumer Commission of Singapore (CCCS).  BEX Travel Asia, the operator of the travel site, has also "undertaken to not engage in any ...

SINGAPORE'S largest bank DBS will transform at least a third of its branch network over the next 12 to 18 months to self-service banking round-the-clock.

Year-end bonuses for most Wall Street workers are expected to decline this year compared with 2019 due to the impact of the COVID-19 impact on the U.S. economy, compensation firm Johnson Associates Inc said on Thursday.

BEIJING/SHANGHAI: Alibaba and JD.com said the United States was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about US$116 billion in merchandise volume for the pair. Singles' Day is usually a one-day sales event, the world's biggest, eclipsing ...

SINGAPORE: Pokemon Go players in Singapore now have up to 300 new locations where they can meet and capture Pokemon or engage in virtual raids, in a bid to encourage support for local tourism. This follows a tie-up between the Singapore Tourism Board (STB) and Niantic, the American developer of...