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Business 11 Jul 2019 | 12:13 AM Premium

US investigating Deutsche Bank’s dealings with Malaysian fund 1MDB

Justice Department looking into whether German bank violated foreign corruption or anti-money-laundering laws

SMEBiz 29 Apr 2019 | 12:00 AM

Bringing e-commerce to the masses

E-COMMERCE has become a magnet for established businesses, and many greenhorn entrepreneurs alike, aspiring to make more sales.

Business 12 Apr 2019 | 12:00 AM

Rags-to-riches tale turns sour for Hyflux founder Olivia Lum

SINGAPORE: Olivia Lum is running out of time to save the company she spent a lifetime building.

Business 11 Apr 2019 | 9:00 AM

Rags-to-riches tale turns sour for Olivia Lum

SINGAPORE: Olivia Lum is running out of time to save the company she spent a lifetime building.

Corporate News 30 Nov 2018 | 5:18 AM

Fed step ups Goldman probe over 1MDB compliance failures

SINGAPORE: The Federal Reserve is ramping up its investigation into how Goldman Sachs Group Inc. executives dodged the bank’s internal controls while helping Malaysian authorities raise billions of dollars that later went missing, according to people briefed on the matter.

Corporate News 09 Nov 2018 | 12:29 AM

US sues UBS, alleges crisis-era mortgage securities fraud

NEW YORK: The US government on Thursday filed a civil fraud lawsuit accusing UBS Group AG, Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis.

Business 11 Dec 2017 | 12:00 AM

Enabling exports for SMEs

Businesses urged to make use of various aids and digital technology to expand into other markets

Corporate News 07 Dec 2017 | 11:41 PM

Almost half of Japan firms keen to improve internal controls in wake of scandals

TOKYO: Fretting about the impact of a string of falsification and compliance scandals, nearly half of Japanese firms have either taken steps to strengthen internal controls or are planning to do so, a Reuters poll showed.

Business 29 Jul 2017 | 12:00 AM

Investment in UK fintech tops pre-Brexit levels in H1

OVER half a billion dollars were poured into British financial technology (fintech) companies in the first half of 2017, over a third more than the same period last year, trade body Innovate Finance said on Wednesday, in the latest sign the fast-growing sector is so far weathering Brexit.

Business 14 Apr 2017 | 12:00 AM

Matrix in joint venture with Nissin, Nihon

PETALING JAYA: Property developer Matrix Concepts Holdings Bhd has inked agreements with Japan’s Nissin Ex Co Ltd and Nihon House Corp to jointly venture into the manufacturing of prefabricated building materials using the Industrialised Building System (IBS) technology.