Markets

SINGAPORE: Sales of new private homes rose 75 per cent last month despite the circuit breaker period, a surprise to many analysts who expected the property market to remain muted after the sharp plunge in April.  Data released by the Urban Redevelopment Authority (URA) on Monday (Jun 15) showed ...

U.S. electric vehicle maker Tesla Inc's China car registrations in May jumped 150per cent month on month, data from auto consultancy LMC Automotive showed.

The number of publicly accessible charging points for electric vehicles (EV) jumped 60per cent in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA).

Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

Hong Kong's Disneyland theme park said on Monday it will reopen on June 18 to a reduced number of visitors and with enhanced health measures after the coronavirus outbreak forced it to close in late January.

Facebook on Monday rejected calls from the Australian government and news companies that it share advertising revenue with the media, suggesting it would rather cut news content from its platform.

Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

VENTURE capital firm 500 Startups has invested in Malaysia-based fintech firm Curlec, which will use the new capital to grow its Malaysian operations further.

China's factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile.

SINGAPORE: OCBC Group on Monday (Jun 15) announced that it would hire more than 3,000 people in Singapore this year across various entities, including about 2,100 in full-time roles. This will provide opportunities for fresh graduates and other jobseekers "amid the economic and employment ...