Markets

Danske Bank's board of director will propose that no dividends be paid for 2019, it said in a statement on Monday.

JAKARTA: Three Indonesian digital fintech firms are working with Facebook Inc to apply for regulatory approval to launch mobile payments in the country, an official at the financial regulator said. The plan, if approved, could be among the first such service under the social media firm's unified ...

OCBC on Monday said it expects the amount of government-assisted loans it lends out to small businesses to hit S$1 billion by June 30, fully utilising the support given by the Monetary Authority of Singapore (MAS) under its low-cost Singapore-dollar facility.

Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.

Virgin Australia Holdings Ltd is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier unable to weather the coronavirus crisis due to its debt load.

Aston Martin's immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, its new boss, Canadian businessman and Formula 1 team owner Lawrence Stroll, said on Monday.

SINGAPORE: Budget carrier Jetstar Asia will resume partial operations to three key cities in Southeast Asia this week, with minimal onboard services and crew members decked out in masks and personal protective equipment. From Tuesday (Apr 21), Jetstar Asia will operate five return services a week ...

SINGAPORE: Consumers suffered about S$2.37 million in prepayment losses in 2019 due to the "sudden and unexpected closure" of businesses, the Consumers Association of Singapore (CASE) said on Monday (Apr 20). CASE said it received at least 427 complaints last year regarding the loss of consumer ...

China's Alibaba Group Holding Ltd will invest 200 billion yuan (US$28.27 billion) in cloud infrastructure over a three year period, the e-commerce company said on Monday.