ONE of the rare "sell" calls on the Singapore banks has returned to the herd, as Citi Research on Monday upgraded its call on the sector to a "buy".
The de facto leader of Samsung Group, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.
Didi Chuxing, China's biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen over the same period a year earlier, its founder and Chief Executive Cheng Wei said.
Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next director-general of the World Trade Organization (WTO), sources said on Sunday.
SINGAPORE: Singapore Airlines (SIA) said on Monday (Jun 8) that it had secured about US$1 billion in credit facilities, in addition to the S$8.8 billion it recently raised from a rights issue, to help it weather the COVID-19 pandemic. Global airlines have taken a huge blow as curbs imposed to...
Wirecard is cooperating with authorities investigating the German payments company over possible market manipulation, it said on Sunday as it reiterated its 2020 earnings outlook.
Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.
SEOUL: A South Korean court will rule as soon as Monday (Jun 8) whether to send Samsung Group heir Jay Y. Lee back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate. Lee, 51,...
SEOUL: North Korean leader Kim Jong Un attended a meeting of the politburo of the country's ruling Workers Party, where economic projects including the chemical industry were discussed, state news agency KCNA said on Monday (Jun 8). The two-day meeting comes at a time of economic uncertainty amid ......
The coronavirus may have turbocharged delivery volumes. But food delivery apps have a way more complex business model than this first appears, says Li Jianggan.
