SINGAPORE: A lack of commercial feasibility, rather than a lack of capabilities in Singapore, contributed to Dyson’s decision to scrap its automotive division and project to build electric vehicles here, said Senior Minister of State for Trade and Industry Chee Hong Tat on Tuesday (Nov 5). Mr Chee ...
THE Monetary Authority of Singapore and Bank Indonesia on Tuesday announced the extension of a US$10 billion bilateral financial arrangement for another year.
TOKYO: In a country notorious for overwork, Microsoft Japan trialled a radical idea – working less. And it found that four-day weeks and other reforms both boosted sales and cut costs. The Japanese unit of the US IT giant closed its offices every Friday in August, giving all 2,300 full-time ......
KUALA LUMPUR: Malaysia is looking to locate at least 18 billion ringgit (US$4.34 billion) worth of further assets linked to a scandal at state fund 1MDB, and is working with at least five nations to recover the amount, its anti-corruption chief said on Tuesday (Nov 5). US authorities say about US...
KUALA LUMPUR: Malaysia will allow motorcycle-hailing firms such as Indonesia's Gojek and local start-up Dego Ride to start operations on a limited scale from January 2020, a minister said on Tuesday (Nov 5). Gojek - whose backers include Alphabet's Google and Chinese tech companies Tencent and JD ...
President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must "tear down walls" as he opened an annual trade fair in Shanghai.
Asian shares approached their July peak on Tuesday on signs the United States and China are inching closer to a truce in their trade war and on optimism the U.S. economy is poised for solid, consumer-driven growth.
HONG KONG: Business activity in Hong Kong's private sector fell to its weakest in 21 years in October, weighed down by anti-government protests and softening global demand, according to an IHS Markit survey published on Tuesday (Nov 5). More than five months of often violent street protests have ...
Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co's best-selling jet is cleared to re-enter service - a switch to concerns about aircraft oversupply, carriers have been warned.
German business software group SAP said on Monday it would return an extra 1.5 billion euros (US$1.7 billion) to shareholders in 2020, with the enhanced payout made possible by its strong financial and operational performance.
