THE Monetary Authority of Singapore (MAS) will prescribe the Singapore Overnight Rate Average (SORA) as a financial benchmark under the Securities and Futures Act (SFA), as well as enhance its transparency and data availability, as part of a slew of measures to support the adoption of the...
CITI has said its plans to double its retail wealth market share in Singapore over the next few years remain on track, as it appointed a new head for its Singapore retail banking arm.
THE move by Malaysia's central bank to extend relief to a targeted group of borrowers after a blanket moratorium expires on Sept 30 could apply to more than the three million individuals and businesses that Bank Negara Malaysia (BNM) estimated to be in need of such relief,...
U.S. insurer MetLife Inc on Wednesday posted a 43per cent drop in quarterly adjusted earnings, spurred by declining premium income and private equity investment losses.
The Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co US$1.25 million after the agency alleged Boeing managers exerted undue pressure or interfered with work of employees performing duties for the government at the company’s plant in South Carolina.
The United States wants to see 'untrusted' Chinese apps removed from U.S. app stores, U.S. Secretary of State Mike Pompeo said on Wednesday, calling the Chinese-owned short-video app TikTok and messenger app WeChat 'significant threats'.
Zynga Inc raised its full-year bookings forecast after topping quarterly estimates on Wednesday, encouraged by strong engagement from stuck-at-home players and its recent acquisition of Turkish mobile-game maker Peak.
The United States wants to see 'untrusted' Chinese apps removed from U.S. app stores, U.S. Secretary of State Mike Pompeo said on Wednesday, calling the Chinese-owned short-video app TikTok and messenger app WeChat 'significant threats'.
Brazilian aircraft manufacturer Embraer reported second quarter losses of $315 million Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.
A resurgence in coronavirus cases is slowing the economic recovery and the disease will continue to weigh on the U.S. economy and American life until at least the end of next year, two Federal Reserve policymakers said on Wednesday.
