SINGAPORE: Myanmar's refined fuel imports have stalled as protests over the Feb 1 coup have shut the banks and government offices necessary for trade, while depreciation in the nation's currency has driven up costs, four industry sources said. The economy of the Southeast Asian nation has been ...
LONDON: A record rush to big technology stocks saw equity funds bagging US$27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the "mother-of-all asset bubbles", BofA said on Friday. Global market capitalisation has risen US$50 trillion, or US$6.2 billion per ...
SINGAPORE: The proportion of university graduates who found permanent full-time employment six months after their final exams dropped by slightly more than 10 per cent in 2020, amid the COVID-19 pandemic. The annual Joint Autonomous Universities Graduate Employment Survey found that 69.8 per cent ...
CANBERRA: For years, Facebook has been in a defensive crouch amid a slew of privacy scandals, antitrust lawsuits and charges that it was letting hate speech and extremism destroy democracy. Early Thursday, though, it abruptly pivoted to take the offensive in Australia, where it lowered the boom on ......
BERLIN: The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up or risk getting stuck on the sidelines as chipmakers focus on more lucrative business elsewhere. Car manufacturers including Volkswagen, Ford and General Motors have cut output ...
Cambodia denied on Friday accusations that a new law setting up a national internet gateway would usher in Chinese-style surveillance and censorship, adding that it would soon draft a law to protect personal data.
Rovio Entertainment, the maker of the "Angry Birds" games franchise, swung to a profit in the fourth quarter from a year-ago loss and said on Friday it would raise its full-year dividend by a third to 0.12 euros per share.
The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up or risk getting stuck on the sidelines as chipmakers focus on more lucrative business elsewhere.
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German insurer Allianz on Friday posted a smaller-than-expected 2.2per cent fall in fourth-quarter net profit, amid pressure on business from the coronavirus pandemic.
