Hyundai to build S$400 million innovation centre for future mobility studies in Jurong

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SINGAPORE: A S$400 million Hyundai innovation centre in Singapore focusing on future mobility research and development is set to be completed by the end of...

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UK jobless rate hits 4.5% as work protection plan nears end

October 13, 2020October 13, 2020

LONDON: Britain's unemployment rate rose by more than expected to 4.5 per cent in the three months to August, up from 4.1 per cent in...

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Italy targets bars, restaurants, parties in new virus curbs

October 13, 2020October 13, 2020

Conte signed a decree that focuses especially on bars and restaurants, as the government seeks to avert a new national lockdown that the economy, ravaged...

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China’s imports, exports surge as global economy reopens

October 12, 2020October 13, 2020

BEIJING: China's imports grew at their fastest pace this year in September, while exports extended their strong gains as more trading partners lifted coronavirus restrictions...

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Business News

Singapore launches first institute dedicated to green finance research and talent development

October 12, 2020October 13, 2020

SINGAPORE: Singapore's first institute dedicated to green finance research and talent development was launched on Tuesday (Oct 13) by the Imperial College Business School and...

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Johnson & Johnson pauses COVID-19 vaccine trials due to unexplained illness in participant

October 12, 2020October 13, 2020

REUTERS: Johnson & Johnson said on Monday (Oct 12) it has temporarily paused its COVID-19 vaccine candidate clinical trials due to an unexplained illness in...

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India’s financial capital Mumbai hit by widespread power outage

October 12, 2020October 12, 2020

[caption id="attachment_11548" align="alignnone" width="1000"] A suburban train is seen stalled at a railway platform during a power outage in Mumbai, India October 12, 2020. [/caption]...

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Business News

Hyundai to expand Kona EV recall to North America, Europe over battery fire risk: Report

October 11, 2020October 12, 2020

[caption id="attachment_11567" align="alignnone" width="1004"] FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai,...

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Malaysia’s August factory output rises 0.3% on-year, above forecast

October 11, 2020October 12, 2020

KUALA LUMPUR: Malaysia's industrial production index in August rose 0.3 per cent from a year earlier, the second straight month of positive growth although at...

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Business News

US bank stocks are fine, if you are rich in patience

October 9, 2020October 9, 2020

The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly...