Markets

SINGAPORE: With sound fundamentals, a strong fiscal position and good progress in the restructuring of the economy, Singapore is well-placed to weather looming clouds that include a protracted trade conflict between the United States and China, said Trade and Industry Minister Chan Chun Sing on ...

LONDON: British Airways owner IAG said on Monday (Jul 8) the UK Information Commissioner's Office (ICO) intends to impose a penalty of £183.4 million (US$229.8 million) for the theft of customer data from the airline's website last year. The airline revealed last September that the credit card ...

British Airways owner IAG said on Monday the UK Information Commissioner's Office (ICO) intends to impose a penalty of 183.4 million pounds (US$229.8 million) for the theft of customer data from the airline's website last year.

Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters.

Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although last week's better-than-expected U.S. jobs data offered some supprt.

Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulfur emissions from ocean-going vessels.

STATE Street has been granted a trust business license from the Monetary Authority of Singapore to expand its trustee capabilities in Singapore, allowing it to tap the Republic's growing wealth.

BEIJING: China and the rest of the world must co-exist, Chinese Vice President Wang Qishan said on Monday (Jul 8), in an indirect jab at the United States with which Beijing is currently trying to resolve a bitter trade war.  "China's development can't shut out the rest of the...

SYDNEY/HONG KONG: Whole teams in Deutsche Bank's Asian operations were told their positions were gone on Monday (Jul 8), as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis. The German bank launched the ......

CHIANG MAI: Thailand's central bank is not happy with hot money flowing into the country and has sometimes taken action on excessive moves in the baht, the governor said on Monday (Jul 8). Any intervention is not for a competitive advantage in trade, Bank of Thailand Governor Veerathai ......