SINGAPORE – Seven in 10 small and medium-sized enterprises (SMEs) affected by the pandemic are confident of meeting repayment obligations for government-backed loans next year without impacting their business operations, […]
SINGAPORE – Several weeks ago, I ventured a guess that there is a two-thirds chance that Mr Joe Biden will win the presidential election. This has come to pass. While […]
A persistent low interest rate environment and a tougher risk-based capital framework would make it harder for Singapore life insurers to deliver the projected non-guaranteed bonuses linked to participating or […]
Patience is key when it comes to getting a good real estate deal amid the kind of uncertainty we are going through now. Food and beverage consultant Sandra Lim and […]
Beauty industry executive Amy Quek saw the value of building financial independence early in life after her father died when she was just 12. Ms Quek, 55, tells The Sunday […]
(NYTIMES) – When even they are very successful in their careers, millennial women tend to defer to their husbands when it comes to money matters. A recent study by Swiss […]
The Singapore authorities have criticised the “irresponsible” actions of some property investment educators and real estate agents who use scare tactics to attract customers to their investment courses. In particular, […]
NEW YORK (AFP) – Wall Street stocks finished their best week in months with a muted session on Friday (Nov 6) as Joe Biden inched closer to victory in the […]
Singapore Airlines’ (SIA) net loss in the second quarter is double that in the first quarter as it reported a record net loss of $3.47 billion for the six months […]
Billionaire Jack Ma’s Ant Group will continue with its application for a digital banking licence in Singapore, even after the company’s record US$37 billion (S$49.9 billion) dual listings in China […]
China’s rebalancing of domestic and export growth drivers, diversification of its markets and supply chains, and changing demographics are three areas that present opportunities for future cooperation with Singapore, said […]
WASHINGTON • The US labour market improved in October by more than forecast, defying expectations for more subdued gains amid an intensifying Covid-19 pandemic and lack of additional fiscal relief. […]
SAN FRANCISCO (AFP) – Uber on Thursday (Nov 5) reported that it lost US$1.1 billion (S$1.5 billion) in the recently ended quarter as the pandemic walloped its ride-hailing business, but […]
TOKYO (REUTERS) – Toyota Motor will likely more than double its full-year operating profit forecast when it reports second quarter earnings on Friday (Nov 6) as vehicle sales rebound in […]
NEW YORK (BLOOMBERG) – Barry Diller’s IAC/InterActive Corp said ts online video platform Vimeo raised US$150 million (S$202.6 million) from Thrive Capital and Singapore’s sovereign wealth fund GIC, valuing the […]
NEW YORK (AFP) – Wall Street stocks rose for a fourth straight session on Thursday (Nov 5) on continued positive momentum after the US election despite no closure yet to […]
HSBC Holdings is suing the Lim family and an employee of bankrupt oil trader Hin Leong Trading to recover US$85.3 million (S$115.7 million) of US$111.7 million that they allegedly obtained […]
SINGAPORE – Establishing and maintaining a clean and trusted financial hub has been at the core of Singapore’s economic success. While its strategic geographical location made it a port of […]
SINGAPORE – DBS Group Holdings posted a 20 per cent drop in third-quarter net profit to $1.3 billion from $1.63 billion a year earlier, as it set aside higher allowances for potential bad […]
LONDON/HONG KONG/SINGAPORE (REUTERS) – The close and inconclusive US election has scuppered some short-term trades premised on a clear Joe Biden sweep, but money managers say they are sticking to […]
