Markets

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

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...

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 ...

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.

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.

SHANGHAI: China's total planned coal-fired power projects now stand at 226.2 gigawatts (GW), the highest in the world and more than twice the amount of new capacity on the books in India, according to data published by environmental groups on Thursday (Sep 19). The projects approved by China ......

Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that "bad bank," according to three bank sources.

SINGAPORE: The Government is working out a new pricing model for future public housing in the Greater Southern Waterfront, in order to mitigate the so-called “lottery effect” of obtaining a subsidised flat in a prime area, said Minister for National Development Lawrence Wong on Thursday (Sep 19) ...

Some 15 executives from companies associated with the tourism industry, such as American Express and Marriott , have urged the U.S. government to renew federal funding of Brand USA, which promotes the United States as a travel destination.

U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world's two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war.