Business SG

Japan arrests ex-SoftBank employee suspected of spying for Russia

Channel News Asia SG Business - January 26, 2020

Japan arrests ex-SoftBank employee suspected of spying for Russia

Channel News Asia SG Business - January 26, 2020

Japanese police have arrested a former SoftBank employee for allegedly stealing proprietary information from the...

Commentary: Why reports of China’s economic decline are greatly exaggerated

Channel News Asia SG Business - January 26, 2020

Its annual growth of 6 per cent over the last decade will double China’s GDP...

Electric vehicle maker Rivian: expect prices lower than previously announced

Channel News Asia SG Business - January 26, 2020

Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event...

Boeing’s 777X jetliner successfully completes maiden flight

Channel News Asia SG Business - January 26, 2020

Boeing Co successfully completed on Saturday the maiden flight of the world’s largest twin-engined jetliner...

EU plans more protectionist antitrust rules, data sharing in policy shake-up

Channel News Asia SG Business - January 26, 2020

The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data...

Fashion retailer H&M says data protection breaches unacceptable

Channel News Asia SG Business - January 26, 2020

Fashion retailer H&M said on Saturday that data security breaches found at its German unit...

China’s Didi says to halt inter-city services to and from Beijing from Jan 26

Channel News Asia SG Business - January 26, 2020

China’s ride-hailing service Didi Chuxing said it will halt inter-city services to and from the...

Boeing 777X jetliner begins maiden flight

Channel News Asia SG Business - January 26, 2020

Boeing Co began the maiden flight on Saturday of the world’s largest twin-engined jetliner as...

French central banker says digital currency cannot be private

Channel News Asia SG Business - January 26, 2020

PARIS: Digital currency could be useful as cash transactions dwindle in some countries but central...

Virus silences Chinese New Year celebrations in Beijing

Channel News Asia SG Business - January 26, 2020

A woman praying alone in front of shut temple gates was one of the only...

Saudi wealth fund in talks to buy Newcastle United for £340 million: Report

Channel News Asia SG Business - January 25, 2020

REUTERS: Saudi Arabia’s sovereign wealth fund is in talks to buy English football team Newcastle...

Starbucks shuts shops, suspends delivery in China’s Hubei amid virus outbreak

Channel News Asia SG Business - January 25, 2020

Starbucks has closed all shops and suspended delivery services in China’s Hubei province for the...

Fiat Chrysler asks US court to toss out GM racketeering claims: filing

Channel News Asia SG Business - January 25, 2020

Fiat Chrysler Automobiles NV late on Friday urged a U.S. District Court to throw out...

Explainer: Bezos allegations put phone hacking technology in the spotlight

Channel News Asia SG Business - January 25, 2020

Allegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by...

US Justice Dept. plans to hold meeting to discuss tech industry liability: sourc...

Channel News Asia SG Business - January 25, 2020

The US Justice Department is planning to hold a conference to discuss the future of...

US Justice Dept. plans to hold meeting to discuss tech industry liability –...

Channel News Asia SG Business - January 25, 2020

The U.S. Justice Department is planning to hold a conference to discuss the future of...

Former top US general Dunford joining Lockheed Martin’s board

Channel News Asia SG Business - January 25, 2020

The former top U.S. military official, General Joseph Dunford, has been elected to the board...

Trump speaks with British PM Johnson about telecoms security: White House

Channel News Asia SG Business - January 25, 2020

U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime...

DBS raises SGX target price to S$9.60, maintains ‘buy’ call

Business Times - January 25, 2020

DBS Group Research has raised its target price for the Singapore Exchange (SGX) to S$9.60,...

Outbreak could catalyse China’s smart city innovation

Business Times - January 25, 2020

THE metropolis of Wuhan, with a population of 11 million, is under unprecedented quarantine as...

Singapore biotech firm Veredus expects to have Wuhan virus test by Feb 1

Business Times - January 25, 2020

HOMEGROWN biotech firm Veredus Laboratories on Friday announced it is developing a test for the...

ARA H-Trust sets up S$800m debt issuance programme

Business Times - January 25, 2020

ARA US Hospitality Trust (ARA H-Trust) has established an S$800 million multicurrency stapled debt issuance...

Most fund managers optimistic about global growth, downgrade recession risk: sur...

Business Times - January 25, 2020

THE majority of fund managers are optimistic about emerging and other equities and economies, according...

Wuhan virus fears send STI to its first weekly loss of the year

Business Times - January 25, 2020

UNDERSTANDABLY, the focal point of market talk this week was on the spread of the...

Lian Beng proposes S$9.4m exit from loss-making UEP

Business Times - January 25, 2020

LIAN Beng Group is looking to dispose of its 40 per cent stake in asphalt...

Intel’s blockbuster results lift shares to dotcom peak, fire up sector

Channel News Asia SG Business - January 25, 2020

Intel Corp’s shares hit their highest in nearly two decades on Friday after cloud computing...

US pushes India to buy US$5-6 billion more farm goods to seal trade deal: Source...

Channel News Asia SG Business - January 25, 2020

The United States wants India to buy at least another US$5-6 billion worth of American...

New Huawei restriction in limbo after Pentagon disagrees with Commerce approach

Channel News Asia SG Business - January 25, 2020

The US Commerce Department has put on hold a rule aimed at further reducing sales to...

Walmart testing higher minimum wage for some employees

Channel News Asia SG Business - January 25, 2020

Walmart Inc is testing out a higher starting wage for certain jobs in about 500...

US senator slams Tesla’s ‘misleading’ name for Autopilot drive...

Channel News Asia SG Business - January 25, 2020

Tesla Inc touted safeguards to its driver assistance system “Autopilot” after a Democratic US senator...

Bombardier scrambles to craft rail merger with Alstom, Hitachi: Sources

Channel News Asia SG Business - January 25, 2020

Bombardier has approached France’s Alstom and Japan’s Hitachi to find a merger partner for its...

Four-comma club: Predicting the next company to join trillion-dollar value elite

Channel News Asia SG Business - January 25, 2020

The trillion-dollar market cap club expanded last week to a third U.S. company, with Google...

Wall Street Week Ahead: Hopes are high for tech stock ‘Cadillacs’; s...

Channel News Asia SG Business - January 25, 2020

Wall Street is betting that the most popular U.S. technology and internet stocks can keep...

Nestle teams up with Canadian plant-based ingredient makers

Channel News Asia SG Business - January 25, 2020

Food group Nestle SA said on Friday it has teamed up with small Canadian plant-based...

Wall St slides on coronavirus fears, Intel offers support

Channel News Asia SG Business - January 25, 2020

U.S. stocks fell on Friday amid renewed concerns over the spreading of a coronavirus outbreak...

Remaining hurdles for scandal-hit Wells Fargo

Channel News Asia SG Business - January 25, 2020

Wells Fargo & Co and its officials have racked up well over US$4 billion (3...

US bank regulator sharpens teeth on Wells Fargo, surprising critics

Channel News Asia SG Business - January 25, 2020

Long accused of being too soft, a U.S. bank regulator has surprised its critics with...

US Treasury Secretary Mnuchin expects next China trade talks in ‘near future’

Channel News Asia SG Business - January 25, 2020

DAVOS, Switzerland: U.S. Treasury Secretary Steven Mnuchin said on Friday that he expects to begin...

Intel’s cloud growth lifts shares, fires up other chipmakers

Channel News Asia SG Business - January 25, 2020

Intel Corp’s shares rose 5per cent on Friday after demand from data centers fired up...

Financier doubts add to Boeing’s MAX headaches

Channel News Asia SG Business - January 25, 2020

To restore faith in the 737 MAX, Boeing needs to prove its flagship jet is...

Bytedance’s TikTok hires Microsoft IP chief as general counsel

Channel News Asia SG Business - January 25, 2020

Popular mobile video app TikTok said on Friday it has hired attorney Erich Andersen from...

Ericsson hit by higher 5G costs and weaker US market

Channel News Asia SG Business - January 25, 2020

Swedish telecoms equipment group Ericsson reported a sharp rise in fourth-quarter core earnings on Friday,...

AmEx profit beats on strong US holiday season spending

Channel News Asia SG Business - January 25, 2020

Credit card issuer American Express Co reported a fourth-quarter profit on Friday that beat analysts’...

Exclusive: US pushes India to buy US$5-6 billion more farm goods to seal trade d...

Channel News Asia SG Business - January 25, 2020

The United States wants India to buy at least another US$5-6 billion worth of American...

Sale of Renk, MAN Energy Solutions depends on buyer: Volkswagen labor chief

Channel News Asia SG Business - January 25, 2020

Workers’ approval of a possible divestment of Volkswagen’s transmissions making unit Renk and MAN Energy...

Bayer faces fourth US Roundup cancer trial in Monsanto’s hometown

Channel News Asia SG Business - January 25, 2020

Bayer AG is set to face a fourth U.S. jury trial over allegations that its...

Bargain hunters fire up rally in cannabis stocks

Channel News Asia SG Business - January 25, 2020

Some cannabis stocks are seeing their prices surge as investors hunt for winners in the...

Coming soon – the smartphone that promotes ‘Russian values’

Channel News Asia SG Business - January 25, 2020

Smartphones and other devices sold in Russia must be pre-installed with software that is morally...

Wall Street bogged down by China virus fears, Intel limits losses

Channel News Asia SG Business - January 25, 2020

Wall Street came under pressure on Friday as investors sold energy, financial and healthcare stocks...

Japan ruling party lawmakers to float idea of issuing digital currency

Channel News Asia SG Business - January 24, 2020

TOKYO: A group of ruling party lawmakers are working on a proposal for Japan to...

US warns of possible counter-measures against Czech digital tax

Channel News Asia SG Business - January 24, 2020

PRAGUE: The Czech Republic could face U.S. counter-measures if it introduces a planned 7per cent...

Takeaway sets Just Eat deal back a week, faces competition probe

Channel News Asia SG Business - January 24, 2020

Dutch online food ordering service Takeaway.com said on Friday that 90.2per cent of Just Eat...

Italy watchdog launches non-compliance proceedings against Facebook

Channel News Asia SG Business - January 24, 2020

Italy’s competition watchdog has launched proceedings against Facebook for non-compliance with a previous request it...

SoftBank-backed CloudMinds slashes workforce amid cash burn – sources

Channel News Asia SG Business - January 24, 2020

TOKYO: SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its global workforce as...

SoftBank-backed CloudMinds slashes workforce amid cash burn: sources

Channel News Asia SG Business - January 24, 2020

SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its workforce as it burns...

Customer satisfaction for firms’ digital support up 5.3%: study

SG Business Review - January 24, 2020

Submitted By:  Shaina Teope Case Study:  No About 62.4% of companies now deliver AI-enabled customer...

Diversification to ease headwinds for Mapletree Logistics Trust

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No Most of its tenants have been cautious on...

Manufacturing output dipped 1.4% in 2019

SG Business Review - January 24, 2020

Submitted By:  Clarist Zablan Case Study:  No The electronics cluster recorded the sharpest decline in...

Industrial space rents inched up 0.1% in Q4 2019

SG Business Review - January 24, 2020

Submitted By:  Shaina Teope Case Study:  No Easing of rents during the quarter was attributed...

Shanghai Disneyland closes over Wuhan virus concerns

Channel News Asia SG Business - January 24, 2020

SHANGHAI: Shanghai Disneyland will close until further notice this weekend due to a deadly virus outbreak...

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