Markets

General Motors is overhauling its Chinese line-up with a greater emphasis on electric cars and smart-driving technology to stem a slide in sales after more than two decades of growth in a country that contributes nearly a fifth of its profit.

Goldman Sachs and Malaysia have signed an agreement finalising the US bank's US$3.9 billion settlement over the 1MDB scandal, allowing for its implementation.

THE Monetary Authority of Singapore (MAS) has issued five-year and three-year prohibition orders against former insurance agent Aw Yong Seng and former bank employee Johnny Chew Swee Sun respectively, for fraud and dishonest conduct.

SINGAPORE: A former insurance agent and a former bank employee have been issued prohibition orders for fraud and dishonest conduct in separate cases, temporarily barring them from several financial practices. The men, who have been jailed for their actions, previously worked for Prudential ...

No new high-level trade talks have been scheduled between the United States and China but the two sides remain in touch about implementing a Phase 1 deal, White House Chief of Staff Mark Meadows told reporters aboard Air Force One on Tuesday.

TEMASEK's wholly-owned subsidiary Fullerton Financial Holdings (FFH) and Bank of China (BOC) on Tuesday jointly established the Bank of China-Fullerton Community Bank Co (BOC-Fullerton) in Xiong'An New District in China's Hebei province.

A new team of Japanese experts headed to Mauritius on Wednesday with special oil-absorbent materials to help the clean-up of tonnes of oil that leaked from a Japanese-owned ship.

SHANGHAI: China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy government involvement means they are not likely to be as common as in other legal systems, lawyers and investors said. The legal framework, which follows a ...

U.S. President Donald Trump said on Tuesday that Oracle Corp is a good company and could take over popular Chinese-owned social media app TikTok in the United States, after he issued an order mandating its sale in 90 days.

Japan's exports extended their double-digit slump into a fifth month in July as the coronavirus pandemic took a heavy toll on auto shipments to the United States, dashing hopes for a trade-led recovery from the deep recession.