Business

Vietnam arrests Facebook user for “overthrowing state”Vietnam arrests Facebook user for “overthrowing state”

Vietnam arrests Facebook user for “overthrowing state”

Friday, March 17, police in Vietnam arrested a Facebook user who was accused of "attempting to destroy the state" by…

March 17, 2023
Singapore’s banks have ‘insignificant’ exposures to Credit SuisseSingapore’s banks have ‘insignificant’ exposures to Credit Suisse

Singapore’s banks have ‘insignificant’ exposures to Credit Suisse

The Monetary Authority of Singapore (MAS) announced on Thursday that Singapore banks DBS, OCBC, and UOB have "insignificant" exposure to…

March 17, 2023
Credit Suisse borrows more than $50 billion from the Swiss National BankCredit Suisse borrows more than $50 billion from the Swiss National Bank

Credit Suisse borrows more than $50 billion from the Swiss National Bank

Credit Suisse accepted the offer from the Swiss central bank to help it financially hours after it made the announcement…

March 16, 2023
Why U.S. retailers struggle in CanadaWhy U.S. retailers struggle in Canada

Why U.S. retailers struggle in Canada

Big-box retailers are leaving Canada because they can't replicate their U.S. success. Nordstrom closed its Canadian business last month due…

March 15, 2023
Why regulators seized Signature Bank in the third-biggest bank failure in U.S. historyWhy regulators seized Signature Bank in the third-biggest bank failure in U.S. history

Why regulators seized Signature Bank in the third-biggest bank failure in U.S. history

Customers of Signature Bank, alarmed by the sudden failure of Silicon Valley Bank, withdrew almost $10 billion in deposits on…

March 14, 2023
How Silicon Valley Bank collapsed: Silicon Valley Bank collapse explainedHow Silicon Valley Bank collapsed: Silicon Valley Bank collapse explained

How Silicon Valley Bank collapsed: Silicon Valley Bank collapse explained

Silicon Valley Bank (SVB) was shut down by United States regulators on Friday (March 10) in a dramatic move that…

March 11, 2023
Can Adidas refocus after chaos with Kanye?Can Adidas refocus after chaos with Kanye?

Can Adidas refocus after chaos with Kanye?

Great Britain - Adidas, stung by the termination of its connection with the artist formerly known as Kanye West, needs…

March 10, 2023
JPMorgan sues former banker Staley over Jeffrey Epstein tiesJPMorgan sues former banker Staley over Jeffrey Epstein ties

JPMorgan sues former banker Staley over Jeffrey Epstein ties

JPMorgan Chase & Co. has filed a lawsuit against Jes Staley, its former head of private banking and later the…

March 9, 2023
In the “China plus one” shift, Singapore’s Keppel is going after VietnamIn the “China plus one” shift, Singapore’s Keppel is going after Vietnam

In the “China plus one” shift, Singapore’s Keppel is going after Vietnam

Singapore's Keppel Corporation is pursuing expansion opportunities in emerging economies such as Vietnam, which is gaining pace as a manufacturing…

March 9, 2023
Singapore tech salaries increases after tech layoffsSingapore tech salaries increases after tech layoffs

Singapore tech salaries increases after tech layoffs

According to a new survey, tech salaries in Singapore increased in 2022 despite a wave of IT layoffs and a…

March 7, 2023