SINGAPORE: The Monetary Authority of Singapore (MAS) announced on Thursday (May 9) that it has issued prohibition orders against three individuals for dishonest conduct. Jeremy Lee Seow Poh and Ong Eng Keong, both former representatives of Jefferies Singapore (JSL), were handed four- and two-year ...
U.S. asset manager BlackRock has pulled out of a proposed rescue of Italian bank Carige, raising the prospect that the government could be drawn into another costly state bailout.
SINGAPORE’s life insurance industry saw a 1 per cent growth in weighted new business premiums to S$937.2 million for the first quarter of 2019, the Life Insurance Association Singapore (LIA) said on Thursday.
Japanese conglomerate SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a better-than-expected annual profit.
LONDON: In Spain, activists were convicted for social media posts that violated an expanded anti-terrorism law. The Twitter accounts of German citizens were blocked because of rules enacted last year that prohibit hate speech. And a Dutch court determined Google must remove search results about a ...
LONDON: The Iran nuclear deal requires that its partners take action to boost the country's economy, but European companies remain fearful of exposing themselves to US sanctions, experts told AFP. Iran's Supreme National Security Council on Wednesday (May 8) sent a letter to the deal's other ...
SIBIU, Romania: EU leaders meeting in a mountainous city in Romania on Thursday (May 9) will discuss the future of Europe, but the fate of the euro will be mostly ignored. Launching the single currency is probably the EU's most ambitious achievement yet, two decades later, it is little-loved...
WASHINGTON: President Donald Trump has repeatedly boasted that the tariffs he has imposed on trading partners are a financial windfall for the US treasury, but research shows it is Americans that bear the brunt of the impact. Trump plans to ratchet up tariffs on $200 billion worth of Chinese...
WASHINGTON: The world's top two economies on Thursday (May 9) were due to resume fraught trade talks just as a truce between them verged on collapse, with hostilities poised to escalate after months of seemingly collegial negotiations. Rather than sealing a deal this week - as officials in both...
NEW YORK: Thousands of Uber and Lyft drivers turned off their apps in a US-wide strike Wednesday (May 8) over pay and working conditions, casting a shadow over this week's keenly anticipated Wall Street debut of ride-hailing leader Uber. Uber is expected to launch its initial public offering (IPO)...
