Markets

Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday.

SINGAPORE: A new programme aims to provide mid-career Singaporeans with a tech-related job while they upskill or reskill, it was announced on Tuesday (Mar 3). The initiative, called the TechSkills Accelerator (TeSA) Mid-Career Advance programme, works on a co-funding basis with participating ...

SINGAPORE: Trade and Industry Minister Chan Chun Sing on Tuesday (Mar 3) urged major landlords in Singapore to do their part and help retail tenants tide through the challenges of the COVID-19 outbreak. He said the Government is aware of “some issues” between landlords and their tenants over how...

SINGAPORE: A new cybersecurity labelling scheme to help consumers make informed purchasing choices about network-connected smart devices will be launched this year. Introduced by the Cyber Security Agency of Singapore, the Cybersecurity Labelling Scheme (CLS) will address a "growing area of ...

U.S. printer maker Xerox Holdings Corp took its US$35 billion bid for HP Inc to the U.S. personal computer maker's shareholders on Monday, with a formal tender offer and a rebuttal to HP's account of why they could not negotiate a deal.

SYDNEY: Australia's only national newswire will close after 85 years in operation, with staff told Tuesday (Mar 3) their jobs will come to an end in June. Australian Associated Press' closure was announced at a staff meeting in the company's headquarters in Sydney, with chief executive Bruce ...

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions.

Australia's central bank on Tuesday slashed interest rates to a record low on fears the deadly coronavirus outbreak could push the country into recession.

OCBC customers can now apply and get approval for car loans within 60 seconds, thanks to a new digital process that leverages the national data repository, MyInfo, and the bank's real-time KYC (know your customer) and credit assessment system.

SINGAPORE: A new co-working space to help local companies innovate and develop products will be launched in the Jurong Innovation District (JID), announced Senior Minister of State for Trade and Industry Koh Poh Koon on Tuesday (Mar 3). The SIMTech Innovation Factory – an initiative by the Agency ...