OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday, OPEC sources said, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply.
Malaysian Prime Minister Muhyiddin Yassin on Monday announced an additional 40 billion ringgit (US$9.70 billion) stimulus package, ahead of the imposition of stricter lockdown measures this week to curb the spread of COVID-19.
NEW DELHI: India's economic growth picked up in the January to March quarter from the previous three months, but economists have grown pessimistic about this quarter after a huge second wave of COVID-19 infections hit the country last month. Gross domestic product grew 1.6 per cent in January ...
SINGAPORE: Charoen Pokphand (CP) Foods Singapore said on Monday (May 31) it has stopped importing food products from its Saraburi factory in Thailand, after reports of a COVID-19 outbreak among employees working there. The company also assured consumers that the items currently for sale in ...
Cryptocurrency Ethereum extended gains to rise more than 8per cent on Monday to US$2,587 but remained 40per cent below a record high of above US$4,300 hit earlier this month.
TSI Metals HK Limited has proposed to acquire all 356.54 million issued and paid-up ordinary shares of mainboard-listed Dutech Holdings for S$0.40 per share in cash, with a view to delist the firm from the Singapore Exchange (SGX).
SEOUL: South Korean drugmaker Samsung Biologics plans to add a mRNA vaccine production line at its facility in Songdo, 30 kilometres southwest of Seoul, by the first half of 2022. Messenger RNA (mRNA) vaccines are known for their safety and fast scalability in manufacturing, the company said ...
CIMB Group Holdings Bhd on Monday reported a 384per cent bump in its first-quarter earnings, helped by a one-off gain related to an investment in its e-wallet business, plus higher income.
THE Singapore Exchange (SGX) has named Pol de Win as its new senior managing director and head of global sales and origination. His appointment takes effect on July 1.
Thailand's tourism-reliant economy could take until the first quarter of 2023 to return to a normal position due to a third wave of coronavirus infections and uncertainty over its vaccine rollout, the central bank governor said on Monday.
