Markets

SEOUL: SK Innovation is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs). The company confirmed talks with Germany's Volkswagen for the ...

PARIS: European aerospace giant Airbus on Wednesday (Apr 10) welcomes new CEO Guillaume Faury, whose inbox includes Brexit, US President Donald Trump's trade threats and corruption investigations. The 51-year-old Frenchman takes over from Tom Enders, who is stepping down after five years leading ...

Sunrise Communications believes it will win backing to raise US$4.1 billion to complete its takeover of Liberty Global's Swiss business UPC, Chairman Peter Kurer told shareholders on Wednesday.

SINGAPORE: Singapore has been ranked the world's top maritime capital for the fourth consecutive time in the Leading Maritime Capitals of the World (LMC) report. Hamburg came in second overall, followed by Rotterdam, Hong Kong, London and Shanghai. The report, released by consultancy firm Menon ...

THE Monetary Authority of Singapore (MAS) has slapped prohibition orders (POs) on three individuals who worked for separately for HSBC, UOB and NTUC Income after their convictions in court for offences involving fraud and dishonesty.

BEIJING: The first electric car for Nissan Motor Co's premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of a public announcement expected as soon as Wednesday. The vehicle would hit the market around three years,...

TWO men have been charged in court in Singapore on April 10 for promoting a fraudulent cryptocurrency, OneCoin, under a multi-level marketing scheme.

IN the first case of its kind in Singapore, two men were charged in court on April 10 with promoting a fraudulent cryptocurrency, OneCoin, using a multi-level marketing scheme.

DBS Group Holdings has priced US$750 million of three-year senior unsecured notes at a coupon of 2.85 per cent under its US$30 billion global medium term note programme, the bank announced on Wednesday.

SINGAPORE: Two men were charged in court on Wednesday (Apr 10) for promoting a multi-level marketing scheme involving purported cryptocurrency OneCoin. One of them was also charged for incorporating a company called One Concept Pte Ltd to promote the scheme, police said in a news release ...