HONG KONG: Hong Kong's retail sales climbed for the fifth straight month in June, helped by an improved labour market and a stabilising COVID-19 situation although demand was hampered by weak tourism. Retail sales in June rose 5.8 per cent from a year earlier to HK$28.1 billion (US$3.61 billion)...
Thailand's central bank is expected to keep its key interest rate at a record low 0.50per cent on Wednesday, as the Southeast Asian country struggles with its biggest COVID-19 outbreak to date, a Reuters poll showed on Monday.
STOCKHOLM: Sweden's Ericsson won a 3 per cent share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter. Nokia, which was expected to take away Ericsson's market share in China, did not receive any share, according to a tender document ......
PARIS: French insurance giant Axa posted Monday (Aug 2) a surge in profits above pre-pandemic levels in the first half of 2021 and urged clients to settle Covid-related claims. The company posted €4 billion euros (US$4.75 billion) in net profit in the first six months of the year, up 71...
YOUNG Singaporeans are eager to invest, but a third of them are also anxious about making the right investment decisions. Having a limited budget, fear of incurring losses and a lack of investment knowledge are among the top challenges this generation is confronted with when thinking about investments,...
A tweet by Kim Kardashian promoting Afterpay as a way to buy her beauty products may have proved pivotal for the Australian buy now, pay later pioneer, whose founders have since joined the reality TV superstar as billionaires.
SINGAPORE: The National Environment Agency (NEA) has fined 57 licensed cleaning businesses for failing to comply with requirements under the progressive wage model since it was introduced, said Minister for Sustainability and the Environment Grace Fu in Parliament on Monday (Aug 2). Warning ...
THE HAGUE: Heineken posted on Monday (Aug 2) strong earnings in the first half of the year as countries lifted Covid restrictions, but the pandemic continues to affect the Dutch brewer in key markets. Net profit rose to €1 billion (US$1.2 billion) in the first six months of 2021...
Sweden's Ericsson won a 3per cent share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter.
Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, on Monday reported that first-quarter net profit doubled year on year as credit-related costs dropped sharply.
