[BERLIN] The US dollar will make up 50 per cent of the basket of currencies backing Facebook's planned digital coin Libra, with the euro, yen, sterling and Singapore dollar comprising the rest,...

MITSUBISHI Corp, Japan's biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost US$320 million through unauthorised transactions in crude oil derivatives,...

PRUDENTIAL LAWSUIT

AVIVA dangled S$15.3 million as a sign-on bonus to Prudential Assurance Company Singapore's then top agency manager Peter Tan Shou Yi in 2016, Prudential said.

THE former head of the International Monetary Fund, Christine Lagarde, warned on Thursday that global growth is "fragile" and "under threat" and policymakers should work to reduce man-made...

JAPAN'S core consumer inflation slowed to a new two-year low in August due to lower oil costs and feeble economic growth, data showed on Sept 20, adding to the central bank's growing challenges in...

JAPAN'S largest lender, Mitsubishi UFJ Financial Group (MUFG), is preparing to cut half its Asian investment banking workforce outside its home country as it struggles with dwindling profits and a...

MERGER and acquisitions (M&A) involving Singapore companies soared 70.6 per cent year on year to US$88.3 billion in the year to date from US$51.7 billion, making it the strongest first nine-...

GLOBAL investors are urging central bankers further and further down the monetary stimulus road, but they cannot drag them all the way.

[LONDON] Europe's leveraged loan market is digesting around €18b (S$27.2 billion) of new paper, providing a fillip to what has been a quiet year, but once those deals have passed the pipeline...

[FRANKFURT] Germany's second-largest lender Commerzbank said Friday it plans to cut the equivalent of 4,300 full-time posts, one-tenth of its workforce, and shutter 200 branches in a fresh bout of...