Markets

A NEW blockchain industry group called the Blockchain Association Singapore (BAS) has set up in Singapore, helmed by co-chairs Chia Hock Lai and Tan Bin Ru who are from the fintech industry.

A NEW blockchain industry group called the Blockchain Association Singapore (BAS) has set up in Singapore, helmed by co-chairs Chia Hock Lai and Tan Bin Ru who are from the fintech industry.

U.S. electric vehicle maker Tesla Inc's China car registrations jumped 450per cent in March, month on month, data from auto consultancy LMC Automotive showed.

U.S. retail sales likely suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades.

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new US$1 billion loan just days after closing a US$1 billion debt deal, sources told Reuters on Tuesday.

Asian shares paused at one-month highs on Wednesday as warnings of the worst global recession since the 1930s underlined the economic damage already done even as some countries tried to re-open for business.

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new US$1 billion loan just days after closing a US$1 billion debt deal, sources told Reuters on Tuesday.

SAN FRANCISCO: Washington state's attorney general filed a second lawsuit against Facebook Inc over political ads on Tuesday, saying the social media giant once again failed to make disclosures required under the state's campaign finance laws. Facebook already paid US$238,000 in 2018 to resolve a ...

WASHINGTON: Around the world countries are hitting their COVID-19 peaks and starting to grapple with questions about when and how to reopen their economies. But those people fortunate enough to have not lost their jobs should be prepared for a "new normal" when they finally go back to work, say...

J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter.