Markets

Amazon.com Inc on Thursday said it is notifying sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website, Amazon.cn, from July 18.

BEIJING: China's Luckin Coffee, a self-declared challenger to Starbucks Corp, has raised US$150 million in its latest round of funding from investors including BlackRock Inc, which values the company at US$2.9 billion. The investment, US$125 million of which came from a private equity fund managed ...

Lenders to India's Jet Airways Ltd said on Thursday they are "reasonably hopeful" that the bidding process for the grounded airline will end successfully.

T. Rowe Price funds slashed Tesla Inc holdings in the first quarter, data showed on Wednesday, as the institutional investor continued to cut its positions in the electric vehicle maker.

Asian shares were subdued on Thursday after a negative performance on Wall Street, with caution ahead of business surveys in Europe and Japan, and the Good Friday and Easter holidays keeping investors on the sidelines.

Pinterest Inc said on Wednesday it raised around US$1.4 billion in its initial public offering (IPO), fetching a roughly US$12.66 billion valuation, above its expectations.

FOR a country well-reputed for its robust regulatory framework, the 1Malaysia Development Berhad (1MDB) saga has brought the vigilance of financial institutions in Singapore sharply into the spotlight.

INDUSTRIAL and Commercial Bank of China (ICBC) Singapore Branch has issued its first green bond, a mega US$2.2 billion deal in three currencies.

THE axe may be falling on investment banking staff across the globe, but there're plenty of jobs still unfilled in Singapore banks - you just need to know where to look.

SAN FRANCISCO: As Qualcomm's major victory against Apple sent semiconductor stocks to record highs on Wednesday, the sector's strong recent rally may be at odds with uncertainty about an ongoing downturn in global demand. With the Philadelphia Semiconductor index jumping 1.4per cent on Wednesday ...