Business

Risks that the scheme could be hijacked by organised crime or impersonators are among those identified in an NAO report. Taxpayers face losses of as much as £26bn on coronavirus “bounce back” loans that cannot be repaid or are…

Dr Goh stepped down as New Silkroutes CEO on Oct 1, but kept the chairman role he took on in August. SINGAPORE - A second mainboard-listed company has stepped up to support Dr Goh Jin Hian's continued role on its board despite a…

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Dr Goh, 52, was a director at Inter-Pacific Petroleum from June 28, 2011, to Aug 20, 2019. SINGAPORE - The judicial managers of insolvent marine fuels supplier Inter-Pacific Petroleum (IPP) have sued the company's former director, Dr…

India's Ola, which launched in London in February, faces a battle to continue operating in the capital, Sky News learns.…

The data shows a drop in the demand for so-called shoebox-size apartments - those under 500 sq ft - in the second quarter. If you are feeling a bit cooped up working from home in your two- or three-bedroom unit, imagine how your…

The food delivery app is unveiling new services as it picks bankers to work on a public listing, Sky News learns.…

Monitors display S&P 500 market information at Morgan Stanley's headquarters in New York on, Oct 2, 2020. NEW YORK (AFP) - Wall Street stocks fell early Friday following a weak US jobs report and President Donald Trump’s shock…

Collinson co-CEO says that airports could help support the NHS’s testing capacity in a letter seen by Sky News.…

Wirecard's main business activities here involve processing Visa and Mastercard payments for merchants and helping companies issue pre-paid cards. SINGAPORE - Troubled financial services provider Wirecard has pulled the plug on its…

The online grocer and technology firm endures a share price wobble as it is accused of infringing patents by a Norwegian rival.…

German digital payment firm Wirecard supported a large network of businesses in Singapore, including retail, e-commerce, supermarket, food and beverage, and insurance. Affected merchants may find it inconvenient to now have to switch…

Shell is cutting around a tenth of its workforce in a restructuring driven by low-carbon targets as well as the coronavirus slump.…

One of the key measures being discussed by the MAS and local banks is the possibility of lengthening the debt relief programme. SINGAPORE (BLOOMBERG) - The Monetary Authority of Singapore (MAS) is in talks with lenders about…

The chain said sales had improved in recent weeks but were still nearly 25% lower than at the same time last year.…

Purchasers should only commit to a property purchase when they are ready to exercise the OTP within the validity period. SINGAPORE - Developers are now restricted from re-issuing options to purchase (OTPs) to the same buyer of the…

The UK-based bookmaker's board is ready to recommend the price to its shareholders, according to the US-based casino giant.…

New Silkroutes was asked by CAD and MAS to provide certain information and documents for the probe, said CEO Goh Jin Hian. SINGAPORE - The Commercial Affairs Department has launched an investigation into mainboard-listed investment…

Two of Britain’s financial services mutuals could reach agreement on a tie-up within days, Sky News can reveal.…

SINGAPORE (BLOOMBERG) - China Wanda Group, the parent company of Singapore-based Hontop Energy, is close to settling the troubled oil trader's disputes with two of its major lenders, according to people familiar with the…