Leadership
PayPal expands cryptocurrency offerings to US business accounts
PAYPAL Holdings will now permit merchants to buy, hold and sell cryptocurrency from their business accounts, expanding on the payments firm’s already-available consumer offerings.PayPal has allowed consumers to buy,...
US: Dow, S&P 500 retreat from records ahead of inflation data
THE Dow and S&P 500 fell on Wednesday, retreating from records amid a banner period for markets ahead of key US inflation data.Analysts have described the market as primed...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
Singapore’s high costs, Asia demand-supply gap see closure of US firm’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
US: Wall St opens subdued as investors await Fed rate clues, data
Wall Street had a subdued start on Wednesday (Sep 25), with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after...
India asks Tamil Nadu state to intervene in Samsung workers strike, government source says
Labour minister Mansukh Mandaviya has urged the state government to intervene for an “early and amicable” resolutionIndia’s federal labour minister asked the southern state of Tamil Nadu to resolve...
Prosus sells entire stake in China’s Trip.com
This comes after Walmart sold its entire holding in Chinese e-commerce company JD.com for US$3.6 billionINTERNET investing company Prosus has sold its entire stake in online travel agency Trip.com...
South Korea’s Hanwha hits back at estate of Dyna-Mac’s founding shareholder
SOUTH Korean conglomerate Hanwha rebutted criticism from the estate of Dyna-Mac’s founder that its voluntary conditional offer is not compelling, maintaining that its proposition is based on a “rigorous...
