Moves
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain
South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday (Jun 12), as the...
Banks’ drive to ‘tokenise’ assets moves slower than expected
BANKS which for years have talked about creating ‘tokenised’ versions of assets such as bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with...
Australia moves to rein in buy-now-pay-later with credit check law
THE Australian government on Wednesday (Jun 5) introduced legislation that would require buy-now-pay-later (BNPL) firms to run credit checks on borrowers, aiming to regulate the rapidly growing sector popular...
What to expect as US moves towards faster stock settlement
US markets are set for an upheaval on Tuesday, May 28, when the settlement time for US equities, corporate municipal bonds and other securities will be halved to one...
As Singapore moves towards EVs, labour shortages threaten survival of small workshops
AS SINGAPORE’S automotive landscape moves towards electric vehicles (EVs), which require less maintenance, smaller workshops may face less demand.
Honda moves to cut China workforce with voluntary layoffs
HONDA Motor is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far, the Japanese automaker said on Wednesday (May 15),...
Xiaomi moves ahead with Tesla-like SUV as first EV hits goals
Xiaomi Corp aims to begin making and selling a sport utility vehicle similar to Tesla’s Model Y as early as 2025, embarking on a major new expansion with production...
Singapore moves to boost law to hunt and prosecute money launderers
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday...
