HSBC Singapore has hired OCBC Bank's Tze Tze Lee as the head of product and propositions, a newly created role within the bank’s global trade and receivables finance team in Singapore.
Families of victims in the Indonesia Lion Air crash hit out at Boeing Monday over its admission that engineers had identified a safety system glitch well before the fatal accident, in the latest knock to the plane maker's reputation.
PARIS: IKEA plans to invest €400 million (US$448 million) in France over the next three years as it builds up its new city center stores in the country, IKEA France's chief executive Walter Kadnar said on Monday (May 6). IKEA, the world's biggest furniture retailer, is known for its...
JAKARTA: Indonesia's economy grew slower than expected in the first quarter, official data showed Monday (May 6), as exports contracted for the first time since 2016 owing to softer demand for key commodities. Southeast Asia's biggest economy expanded 5.07 per cent in January-March, nearly flat ...
PANAMA CITY: Panama's president-elect, Laurentino "Nito" Cortizo, said the United States should pay more attention to Central America or risk losing ground to China, which has won diplomatic support and increased its investment in the region in recent years. Cortizo, of the centre-left Democratic ...
WASHINGTON: President Donald Trump dramatically increased pressure on China on Sunday to reach a trade deal, saying he would hike U.S. tariffs on US$200 billion worth of Chinese goods this week and target hundreds of billions more soon. The move marked a major escalation in tensions between the ......
UNITED Overseas Bank (UOB) has launched an online utility marketplace that aggregates deals from utility providers, as Singapore's local banks compete to entrench themselves in customers' lifestyles.
BEIJING: China's central bank said Monday (May 6) it would cut the amount of cash that small and medium-sized banks hold in reserve in Beijing's latest move to boost the stuttering economy. Authorities will slash the reserve requirement ratio (RRR) on May 15, with the aim of lowering financing...
Asian equities tumbled, oil prices plunged and the safe-haven yen strengthened early on Monday as trade negotiations between China and the United States deteriorated suddenly, reversing apparent progress made in recent months.
SHANGHAI: China's key stock indices plunged more 5 per cent on Monday (May 6) after US President Donald Trump threatened to hike tariffs on Chinese imports, potentially derailing high-level trade talks as they enter their final phase. The benchmark Shanghai Composite Index ended the morning ...
