Business News

Singapore's SGX wooing Saudi Aramco's secondary listing - Report

Saudi Aramco Is Planning Further Spending Cuts to Pay for Dividend: Report

Aramco had mentioned on Sunday that it expected the capital expenditure for 2020 to be at the lower end of the original $25 billion to $30 billion range

Aug 12, 2020

By IBTimes APAC Desk

Singapore's Regulators Hint at Further Job Losses in Financial Sector as Country Battles Recession

MAS Deputy MD Jacqueline Loh has urged the financial institutions to train the local workforce and commit to employing Singaporeans in the coming days

Aug 12, 2020

By Krishnendu Banerjee

Coronavirus

US Stocks End Mixed As Investors Focus On COVID-19 Aid

US-listed Chinese companies traded mostly lower, with eight of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a downbeat note

Aug 11, 2020

By IANS

Billionaire James Packer says concerned over arrest of 18 Crown staff

China Reinstates Macau Tourist Visas; Boon for Casinos?

Macau is set to welcome an influx of gamblers after China announced that tourist visas would be reinstated for all provinces from September 23

Aug 11, 2020

By IBTimes APAC Desk

Singapore Records Worst Quarterly Performance as GDP Contracts 43%; Outlook Lowered

Singapore's GDP shrank 13.2% on a year-on-year basis in the quarter ended June 30.

Aug 11, 2020

By R. Ghosh

Coronavirus

Josh Lester-The Owner of One of The Best Canadian Door-to-Door Companies

Most of the youths he has hired have greatly improved their daily wages to a thousand dollars per day working maximally for more than 90 hours a week.

Aug 11, 2020

By IBTimes SG Desk

US Senators Appeal for Removal of Tariffs on EU Foods and Beverages

The tariffs were imposed in retaliation to EU subsidies on large aircraft and have affected single-malt Scotch whiskey, Italian cheese, and French wine

Aug 10, 2020

By IBTimes APAC Desk

Aramco Profit Plunge, IMF Warning; Where is Saudi Arabia's Economy Heading?

The IMF has warned that the country's economy could shrink 6.8% in 2020, its steepest decline in more than 30 years.

Aug 10, 2020

By R. Ghosh

Saudi Aramco's Second Quarter Net Profit Plunges 73%, Sees Signs of Oil Market Recovery

Saudi Aramco said the Coronavirus crisis had significantly reduced demand for crude oil, natural gas and petroleum products

Aug 9, 2020

By IBTimes APAC Desk

Can Anti-China Sentiment Open up Golden Opportunity for Singapore's Manufacturing Sector?

With countries looking to reduce over-reliance on China due to Coronavirus pandemic and political tensions, Singapore is best positioned to be the next manufacturing hub

Aug 9, 2020

By Krishnendu Banerjee

Coronavirus

Twitter Had Talks About a 'Combination' With TikTok: Report

TikTok on Friday threatened legal action against the executive order by President Trump that prohibits the China-based company from doing business with the US firms

Aug 9, 2020

By IANS

McDonald's, Burger King Among Fast-Foods Whose Packaging Contains Cancer-Causing 'Forever' Chemicals: Report

38 food packaging samples across six chains were tested, and almost half tested positive for fluorine levels, indicating the presence of PFAS, reveals a report

Aug 9, 2020

By Bhaswati Guha Majumder

How two entrepreneurs are using Zoom and Instagram to turn their local business into a global brand

With so many businesses still being affected by social distancing measures, providing an enhanced online experience has proven to be a highly rewarding endeavor for both founders

Aug 8, 2020

By IBTimes SG Desk

Coronavirus Affects Warren Buffett as Berkshire Hathaway Takes Huge Writedown

An accounting rule needs Berkshire to report unrealized stock losses and gains with net results, causing huge swings that Buffett considers meaningless

Aug 8, 2020

By IBTimes APAC Desk

Coronavirus

Ties Plumb the Depths as China Calls New Hong Kong Sanctions by US Shameless and Barbaric

The United States imposed new sanctions on Hong Kong Chief Executive Carrie Lam and other senior officials.

Aug 8, 2020

By R. Ghosh

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