S&P Global Ratings said the default of troubled water and power company, Hyflux, could be the "first wagon in a train of financial distress cases" to come in Singapore, as lending conditions adjust to the economic slowdown and become less favourable.
Asian shares got off to a subdued start on Tuesday as investors braced for key events later in the week, including the kick-off of the U.S. earnings season and a crucial Brexit summit, while broader concerns over slowing global growth checked sentiment.
Shares of Sony Corp were untraded early Tuesday with a glut of buy orders after Reuters reported that Daniel Loeb's hedge fund Third Point LLC was building a stake in Japanese electronics conglomerate again to push for changes.
Shares of Sony Corp were untraded early Tuesday with a glut of buy orders after Reuters reported that Daniel Loeb's hedge fund Third Point LLC was building a stake in Japanese electronics conglomerate again to push for changes.
The U.S. Trade Representative's Office on Monday proposed a list of European Union products ranging from large commercial aircraft and parts to dairy products and wine on which to slap tariffs as retaliation for European aircraft subsidies.
Uber Technologies Inc believes it will take a long time for self-driving cars to be used at scale but the technology will save lives, the chief scientist at its self-driving car unit said on Monday.
CARACAS: Venezuela will "fulfil its commitments" to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on Monday (Apr 8). Washington on Friday imposed sanctions on 34 vessels owned or operated by ...
PARIS: French lawmakers on Monday (Apr 8) approved a new tax on digital giants such as Facebook and Apple that has angered the United States, with Finance Minister Bruno Le Maire boasting that France was proud to be in the vanguard of such a move. The United States has...
AS RETAIL investors cast about for someone to blame for their Hyflux woes, the ATM (automatic-teller machine) is the latest in the firing line.
WHEN the Apple Card was launched a few weeks ago, some pundits were unimpressed with all that fuss.
