Markets

The Indian government's win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed are seen as burdens too big to bear for two of the country's three main carriers.

Not a single drop of Japanese beer was exported to South Korea last month, according to official figures on Thursday, as a boycott campaign against Japan over a historical dispute dries up demand.

Drugmakers including Roche and Novartis' have agreed to cut the prices of some of their newest drugs by an average of 61per cent in China in order to get on a national reimbursement scheme list, regulators said.

TMX Group is looking into allegations about the past conduct of its chief executive officer, Lou Eccleston, the operator of the Toronto Stock Exchange said in a statement.

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations and production hit a record.

JAKARTA: Indonesian President Joko Widodo on Thursday (Nov 28) ordered government agencies to remove two ranks of public servants in 2020 and replace their roles with artificial intelligence, in a bid to cut red tape hampering investment. Widodo made the remarks in a room full of leaders of big ......

SINGAPORE: Risks to global financial stability have risen but Singapore’s financial system remains resilient amid the challenging environment, the Monetary Authority of Singapore (MAS) said on Thursday (Nov 28). Corporate leverage remained stable, while household balance sheets have strengthened ...

SINGAPORE: Singapore's property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective ...

A DIRECT cyberattack on a bank would cost it 20-35 per cent of quarterly profits, even when contingency measures are in place, the latest stress test by the Monetary Authority of Singapore (MAS) showed.

A FULL-BLOWN direct cyberattack on a bank would cost it 20-35 per cent of quarterly profits, even when contingency measures are in place, the latest stress test by the Monetary Authority of Singapore (MAS) showed.