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Vietnam textiles, garments provide a fourth of S Korean market

HA NOI - Viet Nam is the second largest textile and garment exporter to South Korea, making up one-fourth of South Korea's garment market, after China.South Korea imported US$627.4 million (S$840...

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Taylor Swift boycotts Apple streaming over payments

NEW YORK - Pop superstar Taylor Swift said Sunday she will not allow her latest album on Apple's new streaming service to protest its "shocking" lack of artist compensation during a free trial...

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Shops take hit as sales drop in wake of new rules

Liquor sales have fallen by as much as 50 per cent for some retailers in the wake of April's alcohol curbs, especially for those in Geylang, where the restrictions are stricter.Both Geylang and Little...

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Stock-picking tips from great economist Keynes

Before those great stock market players Benjamin Graham, Warren Buffett and George Soros became media superstars, there was one investor who set the template for share-picking genius - British...

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Bank of Greece warned bankers of 'difficult' day if no debt deal

ATHENS - The head of the Bank of Greece warned bankers last week to brace for a "difficult day" on Tuesday if the Athens government does not reach a deal with creditors at an emergency euro zone summit...

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Greece deal urged as new proposals offered ahead of debt summit

BRUSSELS - Greece's new proposals offered to European leaders ahead of a crunch summit Monday offered a ray of hope that a deal to end the country's debt crisis can be struck after five months of...

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Oil prices down with eyes on Greece, Iran talks

SINGAPORE - Oil prices fell in Asia Monday as dealers focused on crunch Greek debt talks as well as a possible return of Iranian supplies disrupted by international sanctions, analysts said.US...

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Apple bows to Taylor Swift on paying for all music streaming

Apple Inc reversed its policy and said it would now pay artists during free trials of its new Apple Music streaming service, after pop star Taylor Swift said she would hold back her latest hit album...

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Buy resale flat near parents? Financial help is key: Experts

FINANCIAL support is the main way to help people who want to get a resale Housing Board flat near their parents, said experts.This could mean giving a higher resale grant, or allowing more buyers to...

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Sony's TV making being driven by Chinese demand

Sony Corp is targeting younger Chinese customers particularly from within the rising middle class with its high-end consumer electronic products and image devices as part of a three-year plan to return...

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E-commerce giants shop for growth in Russia

The nation's top two e-commerce companies are gearing up in the Russian market as they seek overseas growth.Alibaba Group Holding Ltd, China's biggest e-commerce player by revenue, and JD.com Inc, the...

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Avocados find sweet spot for surge in growth

Demand for the fruit in China has been increasing due to its growing reputation as a fashionable food among the middle class Zhang Kexin is in her mid-20s and works in the public relations department...

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China's yuan flat, short-term stability seen

China's yuan was flat against the dollar on Tuesday, moving in a narrow range after the central bank set the daily guidance rate little changed. The People's Bank of China (PBOC) set the midpoint rate...

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Malaysia's Tenaga plans $3.57 billion Islamic bond after power plant buy

Malaysia's Tenaga Nasional Bhd plans to raise as much as 10 billion ringgit ($3.5 billion) in an Islamic bond issue, sources familiar with the matter said - a move that comes after it agreed to buy...

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HSBC S'pore joins Nets payments network

SINGAPORE - HSBC has joined the Nets payment network as it strives to expand its retail presence in Singapore.Effective Tuesday, HSBC debit cardholders will be able to make Nets payments at 87,000...

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Oil prices fall on oversupply concerns, weak economic data

Oil prices fell on Tuesday on worries over a global glut, while surveys showing a contraction in manufacturing activity in China and Japan also dragged on market sentiment.An expected drawdown in US...

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SMEs business confidence dips for third consecutive quarter

SINGAPORE - The business outlook among SMEs has dipped further for a third consecutive quarter, according to the latest findings by the Singapore Business Federation (SBF) and DP Information Group.The...

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US top court backs Marvel in Spider-Man toy dispute

WASHINGTON - Invoking a famous line from Spider-Man lore about great power coming with great responsibility, the US Supreme Court ruled on Monday (Jun 22) in favour of Marvel Entertainment LLC in a...

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Online businesses see no need to open physical store

Entrepreneurs are forgoing the idea of setting up a physical store as more consumers prefer the convenience of shopping online and collecting the items at a suitable place or having it delivered to...

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Ford joins competitors in growing car-sharing field

Ford Motor Co will test new car-sharing programs with US and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models.Ford's...

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