SINGAPORE: Debt-ridden Hyflux and three of its subsidiaries are seeking another two-month extension in their debt moratorium and on Thursday ( Sep 19) filed applications with the Singapore High Court. The latest applications will be heard on Sep 30, when the company’s debt moratorium is set to ...
Google will make an additional investment of 3 billion euros (US$3.32 billion) to expand its European data centers, Chief Executive Sundar Pichai told a news conference in Finland.
OCBC has become the first Singapore bank to join JPMorgan's live blockchain service - known as the interbank information network (IIN), JPMorgan said on Friday.
British engineering firm Rolls-Royce said on Friday it expects problems with its Trent 1000 engines to take longer to fix, with a target of fewer than 10 grounded aircraft delayed until the second quarter of 2020.
U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in New York next week.
Britain's Thomas Cook said its banks had ordered the company to find an additional 200 million pounds (US$251 million) of funding in order to guarantee the survival of the world's oldest holiday company.
TOKYO: Mitsubishi, one of Japan's biggest trading houses, said on Friday (Sep 20) a Singapore-based unit has made a loss of US$320 million from unauthorised trading of crude oil derivatives. An employee of Petro-Diamond Singapore (PDS) who handles crude oil trades for China "was discovered to have ...
Royal Bank of Scotland has appointed Alison Rose as its new chief executive, becoming the first major British lender to appoint a woman to its top job.
Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.
MERGER and acquisitions (M&A) involving Singapore soared 70.6 per cent year on year to US$88.3 billion in the year to date, making it the strongest first nine-month period on record, according to Refinitiv data.
