Markets

Chinese smartphone maker Vivo said on Tuesday it will suspend all cooperation with the National Basketball Association (NBA), joining a series of Chinese firms cutting ties with the league following a tweet by a Houston Rockets executive supporting Hong Kong's protesters.

Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars.

SHANGHAI: Tiffany & Co have removed a tweet showing a woman covering one eye after Chinese consumers accused the jeweller of supporting the Hong Kong protesters. The photo posted on Monday showed Chinese model Sun Feifei wearing a Tiffany ring on her right hand as it covers her right eye. Angry...

LONDON-BASED fintech startup Rapyd has obtained a remittance licence from the Monetary Authority of Singapore (MAS) to scale its digital remittance services in the Asia-Pacific.

KUALA LUMPUR: Malaysia said on Tuesday (Oct 8) it would expand tax incentives for companies that use the country as a base for conducting their regional or global business. Effective this year, companies eligible for the government's Principal Hub (PH) incentive will be able to enjoy a 10 per...

STANDARD Chartered Bank (Singapore) on Tuesday launched its sustainable deposit offering for both corporate and retail clients in Singapore, said to be Asia’s first.

Hong Kong's bourse on Tuesday scrapped its unsolicited US$39 billion approach for London Stock Exchange Group (LSE) after failing to convince LSE management to back a move that could have transformed both global financial services giants.

The nominee to become the European Union's next finance commissioner pledged on Tuesday to propose new rules to regulate crypto currencies such as Facebook's Libra.

U.S. sports brand Vans removed "a small number" of submissions in a global sneaker design competition, including one featuring a yellow umbrella and people wearing helmets and masks, as the company distanced itself from months-long protests in Hong Kong.

On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmark Libor.