Markets

THE Singapore police has launched an investigation into the city-state's giant oil trader Hin Leong Trading (HLT), as the debt-hit firm <a href="https://www.businesstimes.com.sg/energy-commodities/singapore-giant-oil-... target="_blank">seeks a standstill from over 20 creditors</a> to restructure whopping debts of US$4 billion.

China's central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters on Tuesday.

It allows users to create and watch livestreams of games, in a challenge to the Amazon-owned Twitch platform.

Starbucks Corp said on Monday it would roll out a new plant-based lunch menu in China this week, launching Beyond Meat Inc's products in a country where it is trying to recover from the novel coronavirus pandemic-led shutdown.

NEW YORK: US oil prices crashed to unprecedented lows on Monday (Apr 20) as futures in New York ended in negative territory for the first time amid a devastating supply glut that has forced traders to pay others to take the commodity. With space to store oil scarce, US benchmark...

NEW YORK: The price of a barrel of benchmark US oil plunged below US$0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity. The contract for West Texas intermediate...

REUTERS: Walmart Inc's video-on-demand service, Vudu, said on Monday it would be acquired by Fandango Media LLC, a movie ticketing service owned by cable company Comcast Corp. The terms or value of the deal were not disclosed. Walmart bought Vudu over a decade ago, but the service, which allows...

The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb - Zoombombing - the practice of uninvited users crashing into conversations.

Nissan Motor Co on Tuesday said that it would temporarily shut down operations at its global headquarters and other facilities in Japan through early May to contain the spread of the coronavirus.

FOR the proposed sale of their stakes in Bank Permata, Standard Chartered (StanChart) and PT Astra International Tbk will receive a total consideration that is 1.63 times the Indonesian lender's book value.