Markets

SINGAPORE: SingPost has attributed a net loss of S$75.1 million in its fourth quarter to equity holders, reversing from a net profit of S$31.8 million a year ago, according to results released by the postal service on Tuesday (May 7). SingPost's results for the three months ended Mar 31 reflected ...

THE Monetary Authority of Singapore (MAS) said on Tuesday it is studying whether to admit digital-only banks that have emerged out of fintech firms as licensed entities.

Asian shares wallowed near five-week lows on early Tuesday after U.S. President Donald Trump's threat to raise tariffs re-ignited worries about U.S.-China trade tensions while Japan's Nikkei opened down after a 10-day break.

Anadarko Petroleum Corp said on Monday that its board backed a US$38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.

NEW YORK: Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices after they touched a one-month low following U.S. President Donald Trump's threat that he may raise tariffs on Chinese goods. Brent crude futures rose 39 cents to...

Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost US$100 billion Vision Fund through an IPO.

Anadarko Petroleum Corp said on Monday that its board backed a US$38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.

NEW YORK: A former Goldman Sachs banker pleaded not guilty on Monday (May 6) in New York to bribery and other charges in the multi-billion-dollar 1MDB scandal after being extradited from Malaysia. Malaysian Ng Chong Hwa, 51, a former managing director at the bank charged in both Malaysia and...

NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at federal court in New York on Monday (May 6). The US Department of Justice accused 46-year-old Ng ......

BOURSE operator Singapore Exchange (SGX) launched a fully digital application service for Central Depository (CDP) accounts on Monday.