Japan's SoftBank Group Corp is winding down its derivatives strategy following investor backlash, Bloomberg News reported on Wednesday, citing people familiar with the matter.
South Korea's Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs.
SINGAPORE: Singapore Business Federation (SBF) CEO Ho Meng Kit will retire from his position, with his deputy Lam Yi Young set to succeed him, said SBF on Wednesday (Dec 2). Mr Lam will be appointed as the new CEO on Jan 1, while Mr Ho will retire on the same day after...
Tailored Brands said on Tuesday it has emerged from bankruptcy protection following a financial restructuring process that helped the U.S. men's fashion retailer eliminate US$686 million of debt from its balance sheet.
DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.
STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits, which is the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.
WASHINGTON: US President Donald Trump said on Tuesday (Dec 1) he will veto the National Defense Authorization Act unless the Bill includes a measure eliminating a federal law protecting Internet companies, known as Section 230. "If the very dangerous & unfair Section 230 is not completely ...
ConocoPhillips, the largest U.S. independent oil producer, said on Tuesday that it would lay off up to 500 Houston employees, about a fifth of its headquarters workforce, to match staffing with expected activity levels.
President Donald Trump said on Tuesday he will veto the National Defense Authorization Act unless federal protections for internet companies, known as Section 230, are eliminated as part of the bill.
DBS has approved close to 10,000 loans to small and medium enterprises (SMEs) in Singapore since the start of March this year.
