Markets

Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services, Accenture Plc said on Wednesday.

SINGAPORE: The Singapore economy is expected to grow 0.6 per cent this year, according to economists and analysts polled in a survey by the Monetary Authority of Singapore (MAS) released on Wednesday (Mar 11).  This is a sharp drop from the 1.5 per cent growth expected by economists in...

WASHINGTON: As US coronavirus cases rose steadily, the White House and Congress negotiated measures on Tuesday to bolster the US economy and Americans' paychecks against the outbreak's impact, although there was no immediate sign of a deal. The rise in the number of US cases of COVID-19, a highly ...

Telefonica Brasil SA and TIM Participações SA have expressed interest in negotiating a joint offer to buy bankrupt Brazilian carrier Grupo Oi SA , the two companies said on Tuesday in securities filings.

AMERICAN private equity giant KKR has appointed Singapore-based Wong Chee-Wei as its head of global impact for Asia.

Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday he was looking for locations in the central United States to build a new factory for the company's electric pickup truck.

Australia unveiled a A$2.40 billion (US$1.56 billion) health package on Wednesday (Mar  11) that proposes to set up fever clinics and offer cost-free facilities for people to consult doctors over video calls, as it combats the spread of the coronavirus.

A senior US senator on Tuesday (Mar 10) accused US firms of willfully ignoring "horrific" forced labour conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labour.

Corporate America is gearing up for leaner times.