SINGAPORE: With the COVID-19 situation evolving rapidly around the world, Singapore will need to stay vigilant and ensure that its responses remain adequate, said Deputy Prime Minister Heng Swee Keat on Tuesday (Feb 25). Within Singapore, he noted that the coordination across various Government ...
SINGAPORE: Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group (MUFG) and IT services firm TIS Inc have agreed to invest a combined US$856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services. MUFG, Japan's biggest bank by assets, has agreed to ...
It's ride-hailing, farm style. Deere & Co. is teaming up with the "Uber of tractors" in Africa and betting on a future where farmers summon machines with the touch of a button.
TOKYO: Japan's ANA Holdings said Tuesday (Feb 25) it will buy 20 new Boeing 787-10 and 787-9 aircraft, with the planes expected to go into service between 2022 and 2025. The order will be made up of 11 787-10 aircraft, which will serve domestic routes, and nine 787-9 planes for...
Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.
SINGAPORE: National carrier Singapore Airlines (SIA) has implemented a hiring freeze on ground positions and taken other measures to cut costs, in light of the impact of the COVID-19 outbreak on the aviation industry. In a response to a CNA query on Tuesday (Feb 25), an SIA spokesperson confirmed ...
ZURICH: The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday. The assessment follows a review of the recovery and resolution plans for the country's big banks which FINMA ordered to be submitted by the end of...
JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank's annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.
WASHINGTON: Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a "disappointing" performance in 2019, US media reported Monday (Feb 24). "We are announcing our intent to reduce and eliminate certain projects, activities, teams and roles to streamline and focus ...
China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.
