Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as US$100,000 in a year.
THERE are growing concerns that a market correction may be on the cards next year for Asia-Pacific (APAC) real estate, which has thus far been resilient amid the coronavirus pandemic, particularly when compared to Western markets.
CIMB Singapore on Tuesday announced replacements for the three banking heads that were cut, in another internal memo to Singapore staff seen by The Business Times.
Shares of ANA Holdings Inc fell as much as 4.2per cent on Tuesday after a report said Japan's biggest airline plans to issue new shares, seeking to raise around US$1.9 billion, as early as this week.
TO promote responsible financing among corporates, the Monetary Authority of Singapore (MAS) on Tuesday announced a new grant scheme for green and sustainability-linked loans.
STOCKHOLM: Swedish truck maker Scania, a unit under Volkswagen's commercial vehicle arm Traton, has bought a truck company in China to start making vehicles for the first time in the world's biggest auto market, it told Reuters. Scania acquired Nantong Gaokai based in China's eastern city of Rugao ......
KUALA LUMPUR: Shares in Malaysia's Top Glove slumped 7.5 per cent on Tuesday (Nov 24), after the government said some of its factories would be closed in stages for COVID-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease. The Health Ministry reported a...
US President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen to become the next Treasury secretary, the Wall Street Journal reported on Monday, citing people familiar with the decision.
Chinese stimulus is due a high-tech upgrade. Transactions using the central bank's digital currency have topped US$300 million as the government steps up trials across the country. Virtual money that's traceable is showing promise in getting consumers to spend rather than hoard. That might spur Beijing...
SINGAPORE-BASED corporate services platform Sleek has raised US$4 million in a pre-Series A funding round, it announced on Tuesday.
