Business News

Oil Falls on Rising Stocks, Worries of New Virus Wave

A rising number of COVID-19 cases in the United States, China, Latin America, and India has unnerved the investors

Jun 24, 2020

By Reuters

Philippines Probing People Linked to Wirecard Saga, Ex-Board Member 'May Still be Here'

Justice Secretary Menardo Guevarra mentioned that he had instructed state investigators to coordinate with the central bank's anti-money laundering council

Jun 24, 2020

By Reuters

Singapore PM's Brother Joins Opposition Party: Will He Contest Next Month's Election?

Lee Hsien Yang and his sister Wei Ling have been embroiled in a dispute with Lee Hsien Loong over their family house, made by their father.

Jun 24, 2020

By R. Ghosh

Former Wirecard CEO Markus Braun Arrested As Billions Go Missing

Braun was taken into custody on suspicions of falsification of accounts after the company revealed that a sum of $2.1 billion was missing

Jun 23, 2020

By IBTimes SG Desk

Oil Rises After Trump Assurance on China Trade Deal

President Trump and his administration have repeatedly accused Beijing of not being transparent about the deadly virus outbreak

Jun 23, 2020

By Reuters

Coronavirus

South African President Cyril Ramaphosa Warns Against Job Cuts Amid COVID-19

Ramaphosa emphasized on the need to provide opportunities for entrepreneurship and self-employment, particularly among the youth

Jun 22, 2020

By IBTimes APAC Desk

Environmental Shareholder Activism Comes to Japan as Mizuho Faces Climate Resolution

Similar shareholder resolutions have succeeded in getting banks to stop financing coal and other fossil fuels

Jun 22, 2020

By Reuters

Huawei To Receive Planning Permission To Build £400 Million Facility in UK: Report

Chinese telecoms equipment maker Huawei Technologies is expected to receive planning permission this week to build a £400 million R&D facility

Jun 22, 2020

By IBTimes SG Desk

Huawei

Wirecard Says Missing $2.1 Billion Likely Did Not Exist; Withdraws Forecasts

German payments firm Wirecard AG said a quarter of its assets totaling $2.13 billion that auditor EY has been unable to account for likely did not exist in the first place

Jun 22, 2020

By Reuters