Markets

Facebook Inc announced a US$5.7 billion investment in Reliance Industries Ltd's telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited.

Investors are in for more bad news on the energy front in the coming weeks as a host of the sector's biggest companies report quarterly results following the historic collapse in oil prices.

Asian share markets were set to tumble on Wednesday as the floor fell out from under U.S. crude prices, exposing the deep damage the coronavirus pandemic has had on global economic demand.

As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group.

United Airlines Holdings Inc on Tuesday announced a stock offering of 39.25 million shares, sending its shares down 3per cent in extended trading.

SINGAPORE: The lack of information from some coworking space providers on rental rebates continues to frustrate small business owners, even as the Government implements measures designed to offer relief from some rent obligations amid the COVID-19 outbreak. The COVID-19 (Temporary Measures) Bill ...

The coronavirus outbreak has transformed the working world. But the biggest question may be what took us so long to make that leap into remote working in the first place, asks Crispina Robert.

Fiat Chrysler Automobiles N.V. said on Tuesday it had drawn down on a 6.25 billion euro (US$6.79 billion) credit line to buffer its cash reserves during the uncertainty around the coronavirus health crisis.

SINGAPORE: The financial woes of Hin Leong Trading have “no serious impact” on Singapore’s oil trading and bunkering sectors, and the country’s banking system remains “sound”, said three government agencies in a joint statement on late Tuesday (Apr 21). A flurry of media reports over the past week ......

BANGKOK: Incomplete and prospective hydropower dam projects in Southeast Asia, particularly along the Mekong River and its tributaries, are at risk of major delays and shutdowns as the COVID-19 pandemic impacts major industries, energy markets and worker safety. The government of Laos has already ...