BUSINESS TIMES


Standard Bank says it complies with laws amid 'suspicious' transactions
Standard Bank says it complies with laws amid 'suspicious' transactions
Standard Bank said on Monday that it complies with local and international anti-money laundering legislation and takes this responsibility seriously.
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Fresh News


Yoshihide Suga elected as Japan's first new prime minister in 8 years
ASIA  -  TOKYO
Yoshihide Suga elected as Japan's first new prime minister in 8 years
71-year-old Suga will replace long-time ally Shinzo Abe who is stepping down because of his health.
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Apple out to reignite growth with line updates
Apple out to reignite growth with line updates
APPLE is expected to spotlight its smartwatch, iPad and subscription services on Tuesday (Wednesday morning, Singapore time) as it strives to reignite growth with a must-have holiday lineup. Read more at The Business Times.
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Business Times

U.S. 'deeply concerned' about Hong Kong activists held in China: Pompeo
U.S. 'deeply concerned' about Hong Kong activists held in China: Pompeo
U.S. Secretary of State Mike Pompeo said on Friday the United States is deeply concerned about 12 Hong Kong democracy activists being held in China’s Guangdong province, saying they have been denied access to lawyers and local authorities have not provided information on their welfare or the charges against them.
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Insurer Aviva sells Singapore unit as new CEO shifts focus
Insurer Aviva sells Singapore unit as new CEO shifts focus
By Tanishaa Nadkar and Pushkala Aripaka - Life and general insurer Aviva is offloading its Singapore business to a consortium led by Singapore Life, for S$2.7 billion , as the London-listed firm sharpens its focus on Britain, Ireland and Canada. The British company said on Friday it will sell its majority shareholding in the business to the Singlife consortium, which
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Today
This Is Money
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Japan firms plan to cut capex by 6.8% this fiscal year
ASIA  -  TOKYO
Japan firms plan to cut capex by 6.8% this fiscal year
Japanese companies plan to slash capital expenditure by 6.8% in the current fiscal year ending in March 2021, a quarterly survey by the Ministry of Finance showed on Friday.
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Bank of England's top economist warns against furlough scheme extension
EUROPE  -  LONDON
Bank of England's top economist warns against furlough scheme extension
The Bank of England’s chief economist has warned the government against extending the furlough scheme, arguing it will delay an “inevitable” shake-out of businesses hit by the Covid-19 pandemic.
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Much ado about minimum wage
Much ado about minimum wage
A GLOBAL recession might not seem like the best time to discuss measures that could raise costs for firms. Yet calls for a minimum wage have resurfaced since the July 10 polls. What gives this perennial debate its staying power? And what, if anything, might satisfy its participants? Read more at The Business Times.
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Home renovation platform Livspace raises $90 million for expansion
ASIA  -  SINGAPORE
Home renovation platform Livspace raises $90 million for expansion
Livspace, a Singapore-headquartered home renovation platform, said on Thursday it has raised $90 million to fund its expansion into more markets, invest in technology and bolster its supply chain.
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Issuance of the digital document of digital vehicles over the internet in 2020
Issuance of the digital document of digital vehicles over the internet in 2020
This news Issuance of the digital document of digital vehicles over the internet in 2020 appeared first on MixVale. www.mixvale.com.brEmission of the digital document for digital vehicles over the internet in 2020. The digital version of the vehicle document is available throughout Brazil as of this Wednesday (1st), informed the Ministry of Infrastructure.
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Business Times

Musk confirms Tesla Nevada factory was target of 'serious' cyberattack
BUSINESS  -  RENO
Musk confirms Tesla Nevada factory was target of 'serious' cyberattack
Elon Musk said on Thursday that Tesla Inc’s (TSLA.O) factory in Nevada was a target of a “serious” cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal Bureau of Investigation(FBI) thwart the attack.
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Japan PM Abe set to hold news conference amid health concerns
ASIA  -  TOKYO
Japan PM Abe set to hold news conference amid health concerns
Japanese Prime Minister Shinzo Abe is set to hold a news conference on Friday afternoon in which he is expected to address growing concerns about his health after two recent hospital examinations within a week.
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