Small loan specialists in India that typically cater to people without bank accounts are facing a jump in pandemic-related defaults that could force some of them out of business, industry experts warn.
U.S. stock futures indicated a flat Wall Street open and world shares slipped on Wednesday after a U.S. inflation leap fuelled expectations of a quicker end to Federal Reserve stimulus, while the dollar held near a three-month high versus the euro.
RESPONDING to queries from the Singapore Exchange Regulation about unusual price movements in its shares on Wednesday, wealth management platform iFast Corporation cited earlier announcements about a successful tender bid for a Hong Kong project and a consortium application for a digital bank licence in Malaysia.
Thailand's state drugmaker on Wednesday said it had initiated a defamation suit against the prominent chairman of a private hospital operator over his criticism of its procurement of Moderna COVID-19 vaccines.
Indian software services company Infosys Ltd reported a 22.7per cent jump in quarterly profit on Wednesday, as it won more contracts from global businesses expanding their digital services during the pandemic.
Food delivery giant Zomato on Wednesday launched its much-anticipated IPO to raise 93.75 billion rupees ($1.3 billion), India's biggest this year and the first of a series of public listings by tech unicorns.
NEW DELHI: The Indian government on Wednesday said it has decided to restore a hike in inflation-linked wages for federal government employees and pensioners, a move that could improve demand for goods and services in an economy struggling due to COVID-19. The government froze all such hikes ...
BT, the owner of Britain's EE mobile company, said on Wednesday it would phase out 3G in the next two years to free up airwaves to help bring 5G to the entire country by 2028.
HANOI: Vietnam plans to impose a 5per cent export tax on steel billets and cut the import tax on some steel products, the government said on Wednesday. The move is aimed at easing domestic steel prices to help firms cut costs, the government said in a statement. (Editing by...
SINGAPORE: Singapore’s economic recovery remains intact despite a “stumble” in the second quarter, economists said following the release of preliminary economic data on Wednesday (Jul 14). Advance estimates from the Ministry of Trade and Industry (MTI) showed the economy contracting 2 per cent on ...
