Business News

Amazon Prime delivery cut to just one day from two-day shipping

Olsavsky said the free one-day delivery service will later be expanded globally across all countries offering Prime memberships.

Apr 27, 2019

By Arthur Villasanta

Amazon prime

Why Is PayPal Investing $500 Million In Uber's IPO?

PayPal is already offered as the lead payment option on Uber's app, but the investment will help to further extend the partnership between the two companies.

Apr 27, 2019

By Dawn Geske

Good news from China could boost materials shares

As China has taken measures to stimulate its economy, its economic data have turned more upbeat which in turn could aid global growth.

Apr 27, 2019

By Reuters

Toyota abandons plan to install US connected vehicle tech by 2021

Due to "lack of production commitments" from other automotive companies, Toyota withdraws from its connected vehicle tech plan.

Apr 27, 2019

By Reuters

No wind-down for China on stopping its Iran oil buys: Trump officials

The administration has been clear to China, Iran's top oil consumer, about no additional waivers to the sanctions after the ones granted last November.

Apr 27, 2019

By Reuters

russian-president-vladimir-putin-receives-friendship-medal-from-chinese-president-xi-jinping

China seeks to allay fears over Belt and Road debt risks

Chinese President Xi Jinping's brainchild, the Belt an Road initiative, is riddled with heavy dissension, according to participant countries.

Apr 26, 2019

By Reuters

Capillary Technologies achieves AWS digital Customer Experience Competency status

The company has achieved Digital Customer Experience Competency status from Amazon Web Services (AWS) in recognition of its industry expertise and contributions to the digital retail experience.

Apr 26, 2019

By IBTimes SG Desk

Asia shares subdued, dollar pins hopes on U.S. GDP

The rise in the yen and some mixed Japanese economic data nudged the Nikkei down 0.7 percent. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 percent.

Apr 26, 2019

By Reuters

Japan tells U.S. can't link monetary policy to trade: finance minister Aso

Currencies are a touchy issue for Japan because it has been criticized for keeping the yen low with massive monetary easing.

Apr 26, 2019

By Reuters

China's Xi Jinping says Belt and Road Initiative needs to reject protectionism, 30 leaders agree to support

PM Lee to attend Beijing's Belt and Road Forum for the first time

Singapore seeks to play a constructive role in financial services, third-country investments and human resources development

Apr 25, 2019

By Shreya Vishwanath

Asian shares dip; euro weighed by sagging German business morale

In the currency market, the dollar index, which measures the greenback versus a basket of six major rivals, rose to as high as 98.189 overnight, its highest level since May 2017.

Apr 25, 2019

By Reuters

Singapore regulator seeks review of fraud allegations at cosmetics firm Best World

Shares in the closely held Singapore-listed firm have halved since February when local media questioned Best World's sales figures in China.

Apr 25, 2019

By Reuters

South Korean steelmaker POSCO warns of rising costs after first-quarter profit drop

POSCO said it expected higher costs for materials and slowing demand for steel to crimp profitability this year, even as steel prices are expected to inch up.

Apr 24, 2019

By Reuters

Asian shares fall despite strong Wall Street; oil retreats

Analysts said that alongside better-than-feared corporate earnings, a more supportive policy environment has helped to boost risk appetites.

Apr 24, 2019

By Reuters

Smarter Greener Cities through cross-border and G2G collaborations

ConnecTechAsia2019 Summit speaker, Tay Kok Chin, Chairman, Smart Cities Network (SCN), explores the true cost of smart cities.

Apr 24, 2019

By IBTimes SG Desk

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