Business

Robinhood surges 50% in frenzied trading, as investors scoop up ‘the meme of memes’

August 6, 2021

BENGALURU (REUTERS) - Shares of Robinhood Markets rose more than 50 per cent on Wednesday (Aug 5) during a wild...

Uber racked up losses in attempt to ease driver shortage

August 6, 2021

SAN FRANCISCO (BLOOMBERG) - Uber Technologies spent heavily to lure drivers back in the second quarter, which resulted in a...

Boustead Projects unit hauled to court for allegedly using unmanned drones illegally

August 6, 2021

SINGAPORE (THE BUSINESS TIMES) - Boustead Projects' wholly owned subsidiary Boustead Projects E&C has been hauled to court for allegedly...

China should scrap gaming sector tax breaks: State media

August 5, 2021

HONG KONG (BLOOMBERG) - China should stop handing out tax breaks to gaming companies because they have become global players...

SGX shares fall 6% after 20.5% drop in second-half profit

August 5, 2021

SINGAPORE - Shares of the Singapore Exchange (SGX) fell sharply on Thursday (Aug 5) after the company reported a 20.5...

Mapletree Investments issues $600m of fixed-for-life perps at 3.7%

August 5, 2021

SINGAPORE (THE BUSINESS TIMES) - Mapletree Investments' wholly owned subsidiary Mapletree Treasury Services has launched and priced $600 million of...

Disclosures on climate, assurance of sustainability and board diversity needed for better corporate governance in S’pore

August 4, 2021

SINGAPORE - Listed firms improved corporate governance standards this year, but investor expectations continue to evolve, and disclosure requirements, including...