Business News

A ComfortDelgro taxi passes Uber and Grab offices in Singapore March 26, 2018.

Singapore competition watchdog fines Grab, Uber $9.5 million

The Competition and Consumer Commission of Singapore (CCCS) has fined Uber [UBER.UL] S$6.6 million and Grab S$6.4 million,

Sep 24, 2018

By Reuters

Asian firms shuffle production around the region as China tariffs hit

The company representatives and other sources spoke on condition of anonymity because of the sensitivity of the issue.

Sep 23, 2018

By Reuters

United Airlines singapore non stop flight

U.S. airlines score win as Congress drops 'reasonable fee' rules

United apologized and promised not to remove seated passengers to make room for other passengers.

Sep 23, 2018

By Reuters

Flags of China and North Korea are seen outside the closed Ryugyong Korean Restaurant in Ningbo, Zhejiang province, China, in this April 12, 2016 file photo. REUTERS/Joseph Campbell/Files

China Jan-Aug total trade with North Korea falls 57.8 percent: customs

China's total trade with North Korea was valued at $219.9 million in August, up from $194.62 million the previous month.

Sep 23, 2018

By Reuters

Comcast outbids Fox with $40 billion winning offer for Sky

The U.S. cable giant bid 17.28 pounds a share for control of London-listed Sky, bettering a 15.67 pounds-a-share offer by Fox.

Sep 23, 2018

By Reuters

Volume spikes on sector reshuffle, quadruple witching

After the close on Friday, S&P Dow Jones Indices was poised to reorganize several of its sectors and relaunch its telecommunications index as a new communication services sector.

Sep 22, 2018

By Reuters

angela-merkel-rejects-trumps-definition-of-eu-as-foe

No-deal Brexit would have limited impact on German labor market

There were around 44.8 million people employed in Germany in total in the second quarter of 2018, according to data from the Federal Statistics Office.

Sep 22, 2018

By Reuters

Singapore: Police arrest 6 men for selling counterfeit items, 45 fake gold bars seized

Asia Gold: India discount widest in three months; China activity nudges up

Gold futures in India were trading around 30,738 rupees per 10 grams on Friday, up more than 5 percent from their lowest level in seven months hit on Aug. 17.

Sep 22, 2018

By Reuters

China cancels trade talks with U.S. as tariff threats escalate

A mid-level delegation was due to travel to Washington ahead of Liu's visit, but the trip has now been abandoned.

Sep 22, 2018

By Reuters

trump-calls-hurricane-florence-one-of-the-wettest-weve-ever-seen-from-standpoint-of-water

Oil stable, OPEC in focus after Trump call for lower prices

International benchmark Brent crude for November delivery LCOc1 was up 4 cents at $78.74 a barrel by 0053 GMT.

Sep 21, 2018

By Reuters

Adobe to buy marketing software firm Marketo for $4.75 billion

Marketo, started in 2006 as an email marketing service, was taken private by Vista for $1.8 billion in 2016.

Sep 21, 2018

By Reuters

Asian stocks extend recovery as trade worries take back seat

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade, extending the recovery from its 14-month low hit on Sept. 12 to 3.6 percent.

Sep 21, 2018

By Reuters

Asian shares rise as investors reassess trade war impact

Japan's Nikkei stock index was flat, with a recent rally appearing to lose steam as it entered its fifth day.

Sep 20, 2018

By Reuters

Alibaba's Jack Ma says U.S.-China trade war ends 1 million US jobs promise

Investors seemed unfazed by Ma's comments, with Alibaba shares closing up 3.8 percent on Wednesday.

Sep 20, 2018

By Reuters

Bengaluru surpasses Singapore to become top destination for tech companies, startups in Asia

The IT capital of India is said to be the fastest-growing city in Asia in the next five to 10 years offering a deep talent pool, according to the report by Colliers International.

Sep 20, 2018

By Ken Sunny

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