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Markets

Biotech is going to the dogs – and big profits await

For Jessica Lescault there is no question that her 6-year old English bulldog "Moose" deserves cutting-edge biotechnology cancer treatment as much as any human patient.

Markets

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.

Markets

UOB becomes first foreign bank to open branch in China’s Zhongshan City

UOB (China) became the first foreign bank to open a branch in Guangdong's Zhongshan City on Thursday, as it continues its expansion plans in the Greater Bay Area (GBA) with a total of seven branches to date.

Markets

Volkswagen, Porsche to recall around 227,000 cars over airbag, seatbelt issues: Report

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.

Markets

China’s growth could slip below 6per cent, analysts warn, as trade war takes toll

China's economic growth risks slipping below the lower-end of Beijing 2019 target of 6per cent in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.

Markets

Rocket Internet CEO says he has no current plans to go private

German ecommerce investor Rocket Internet has no immediate plans to go private, Chief Executive Oliver Samwer told investors on Thursday.

Markets

Indonesia slashes rates again as tepid global growth bites

JAKARTA: Indonesia's central bank slashed interest rates on Thursday (Sep 19) for the third month in a row as Southeast Asia's biggest economy feels the sting of the US-China trade war and tepid global growth. Bank Indonesia (BI) lowered its key lending rate by 25 basis points to 5.25 per...

Markets

SingPost’s US e-commerce units seek bankruptcy protection

SINGAPORE: Singapore Post said its two struggling US e-commerce units, Jagged Peak and TradeGlobal, have filed voluntary petitions for Chapter 11 bankruptcy protection as a six-month process to find buyers for the businesses failed. "Under the supervision of the bankruptcy court, the ...

Markets

MAS chief Ravi Menon to head BIS Asian Consultative Council

THE board of directors of the Bank for International Settlements (BIS) has appointed the Monetary Authority of Singapore's managing director Ravi Menon as chairman of the BIS Asian Consultative Council (ACC) for a two-year term starting Sept 26, 2019.

Markets

Ukraine PM says land market could open up in October 2020

Ukraine's land market could open up in October 2020 after parliament lifts a ban on selling land, Prime Minister Oleksiy Honcharuk said on Thursday.

Markets

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