If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.
SINGAPORE: The High Court has accepted a request to freeze up to US$3.5 billion (S$4.7 billion) of worldwide assets of Lim Oon Kuin and his two children following the collapse of Lim's oil trading firm Hin Leong Trading, the company's liquidators told creditors in an email reviewed by Reuters...
The dollar stood near its lowest level in three months against a resurgent euro, and traders pared earlier bets the Federal Reserve may move soon to taper its stimulus though markets were not fully convinced that higher U.S. inflation is transient.
CITI has appointed Serene Gay as its new Singapore head of credit cards and personal loans for its global consumer banking (GCB) business.
Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling.
The dollar stood near its lowest level in three months against a resurgent euro, struggling for traction as investors pared earlier bets the U.S. Federal Reserve may soon be ready to taper its stimulus.
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
TOKYO: In a series of tweets, SoftBank Group's founder and CEO Masayoshi Son expressed bewilderment and concern about the Tokyo Olympics going ahead amid Japan's slow-going vaccination drive during the COVID-19 pandemic. "Currently more than 80 per cent of people want the Olympics to be postponed ...
Shares in South Korean drug contract manufacturer Samsung BioLogics rose as much as 5.2per cent in early Monday trade, after it agreed to fill-finish manufacture Moderna's COVID-19 vaccine.
LONDON: British employers called on Prime Minister Boris Johnson on Monday (May 24) to overhaul regulation and tax rules to help them meet the challenges of Brexit, the post-pandemic recovery and preparing for a net-zero carbon economy. The Confederation of British Industry (CBI) said 2021 should ...
