Markets

German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions.

Hong Kong might be heading for recession after months of violent protests but that hasn't stopped one businessman from forking out almost US$1 million for a parking spot.

For Indian executive Bibhas Chakraborty, Diwali used to mean shiny expensive gifts from business associates keen to use the auspicious - and spectacular - Hindu festival to deepen ties. Now it's mostly sweets and nuts.

SINGAPORE: Both jobseekers and employers will have to be more flexible to allow for better job matching, said Manpower Minister Josephine Teo on Thursday (Oct 24).  The minister's comments came after the Ministry of Manpower (MOM) released preliminary figures in its labour market report for the ...

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8per cent drop in third-quarter operating profit.

Brembo's distinctive colored brakes stop many of the world's fastest cars but when it comes to the electric vehicles of the future it faces a problem - traditional brakes are noisy.

AMID geopolitical tensions and economic uncertainties, dealmakers are optimistic about their ability to get deals done, with many even anticipating a rise in mergers and acquisitions (M&A) in the year ahead. This is according to research conducted by Baker Tilly International and M&A intelligence provider Mergermarket, which...

SINGAPORE: The overall unemployment rate in Singapore rose slightly in the third quarter of 2019, according to preliminary figures released by the Ministry of Manpower (MOM) in its Labour Market Report on Thursday (Oct 24). The seasonally adjusted overall unemployment rate rose slightly in ...

PORT MORESBY: Papua New Guinea said Thursday (Oct 24) it had ordered the indefinite closure of a multi-billion dollar Chinese-owned nickel facility that spewed potentially toxic red slurry into the sea. The Mineral Resources Authority said it had ordered owners of the Ramu Nickel refinery to "shut ...

Hong Kong may have been seeing money flow out as the city's turmoil undermines its reputation as a stable financial centre, but one important source of capital keeps on coming: cash for initial public offerings (IPOs).