REUTERS: Aluminum Corp of China Ltd (Chalco) on Tuesday appointed Liu Jianping as its first permanent chairman in more than a year. Liu, 53, a deputy general manager at parent firm Chinalco, was unanimously elected at a Chalco board meeting, the company said in a filing to the Shanghai...
Global shares inched back from record highs on Tuesday, with concerns about new coronavirus outbreaks in Asia undercutting an economic recovery, while investors remained on edge over the United States' exit from accommodative policy.
Walmart said on Tuesday that it will start selling private-label analog insulin this week at a deep discount to branded insulin vials and pens, as it seeks to drive growth at its healthcare business.
Gympass, which makes gym memberships more accessible for corporate employees, has raised US$220 million in a funding round led by existing investor SoftBank Group Corp, more than doubling the startup's valuation to US$2.2 billion.
The U.S. dollar was on track for its biggest single day gain in seven trading sessions on Tuesday as coronavirus outbreaks threatened to snuff out global economic recovery with the Australian dollar and the British pound leading losses.
The Japan Bank for International Cooperation (JBIC) will provide support for exports from coal power plants if they come with emissions-cutting steps such as carbon capture and storage (CCS) and co-firing ammonia, JBIC Governor Tadashi Maeda said on Tuesday.
EU antitrust regulators will decide by Aug. 2 whether to clear Facebook's acquisition of U.S. customer service startup Kustomer, a filing on the European Commission website showed.
HONG KONG: AIA Group has agreed to buy a 24.99 per cent equity stake in China Post Life Insurance for 12 billion yuan (US$1.86 billion), the Asia-focused insurer said in a stock exchange filing on Tuesday (Jun 29). AIA said its wholly owned Chinese life insurance business would remain...
LONDON: Banks' increasing dependence on 'RegTech' technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Union's banking watchdog said on Tuesday. Part of a wider trend of digitalising finance, RegTech is used by banks to ...
SINGAPORE: Less than two years after it made its debut, an app that aimed to bring multiple transport options under one platform has folded, along with the SMRT-backed start-up that developed it. Launched in September 2019, Zipster - developed by mobilityX, a subsidiary of transport operator SMRT ...
