Business

Dollar buoyant as robust U.S. data keep Fed hawks in control

The dollar was on the front foot on Monday, supported by a strong run of economic data out of the United States that traders bet will keep the Federal Reserve on its monetary policy tightening path for longer than initially expected.

February 20, 2023 1:42 pm
 

Business

China's mortgage rate cuts spur prepayment rush, threaten bank earnings

China has been cutting mortgage rates since last year to boost sales in its moribund property market, but the main result so far has simply been a rush by households to pay off existing mortgages early, potentially squeezing banks’ profits.

February 20, 2023 1:17 pm
 

Business

Repeat business offenders referred to authorities

A number of businesses who are repeatedly defying the Food Safety Act have been referred to the Municipal Councils and the Ministry of Health.

February 20, 2023 1:12 pm
 

Business

Government will work with union, employers: Singh

Government will work with trade unions and employers to discuss and reach solutions amicably.

February 20, 2023 10:35 am
 

Business

Meta to test monthly subscription service priced at $11.99

Meta Platforms (META.O) on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge, as it looks to help content creators grow and build communities.

February 20, 2023 8:31 am
 

Business

ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages

Proxy advisory firm Institutional Shareholder Services (ISS) has urged Apple Inc’s (AAPL.O) investors to vote for its director nominees and the pay packages for top executives, including Chief Executive Tim Cook.

February 20, 2023 7:20 am
 

Business

Ongoing concerns within the sugar industry to be prioritized

The Ministry of Sugar will be undertaking a lot of reforms in the industry to gain farmers’ confidence and boost production.

February 20, 2023 6:26 am
 

Business

Gold FM ROC market continues to generate interest

More stall vendors are interested in the GOLD FM ROC market as a place to sell and market their produce and products.

February 19, 2023 12:02 pm
 

Business

Twitter to charge users to secure accounts via text message

Twitter said on Friday it will allow only paid subscribers to use text messages as a two-factor authentication (2FA) method to secure their accounts.

February 19, 2023 8:46 am
 

Business

ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages

Proxy advisory firm Institutional Shareholder Services (ISS) has urged Apple Inc’s (AAPL.O) investors to vote for its director nominees and the pay packages for top executives, including Chief Executive Tim Cook.

February 19, 2023 7:44 am
 

Business

TikTok planning 2 more data centers in Europe amid data security concerns

Chinese social media company TikTok plans to open two more data centers in Europe, a senior executive said on Friday, a move that could mitigate concerns over the security of users’ data and ease regulatory pressure on the company.

February 19, 2023 6:52 am
 

Business

Musk shuts two Twitter India offices

Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with the matter.

February 19, 2023 4:54 am

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