AIRPORT CITY, Israel: Courier services company DHL Express has opened the Middle East's largest robotic sorting centre in central Israel, the company said on Wednesday (Jan 12). Had it not made the 250 million shekel (US$80 million) investment in the facility near Ben Gurion Airport, the com...

Oscar Wilde’s quote “life imitates art far more than art imitates life” is an apt description of today’s state of cybercrime. Stories about criminals infiltrating networks and IT systems to hold data ransom and even cripple an organisation may once be fictional but are now a reality. Moreove...

Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply chains, threatening to inflate costs and exacerbate disruptions. A cargo vessel operated by Cosco Shipping Lines Co will skip a scheduled port stop in Singapore this month becaus...

FOR the five trading sessions that spanned Feb 19 to 25, the Straits Times Index (STI) rebounded 2.2 per cent while the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaged a 0.7 per cent decline. Share buybacks There were 12 primary-listed stocks conducting share buybacks over the fiv...

E-COMMERCE logistics provider J&T Express has opened its third Singapore warehouse less than a year after launching here, in line with plans to develop a nationwide warehouse network.

PRINTING firm A-Smart Holdings recorded a net profit of S$86,000 for the six months ended July 31 (H2 2020), reversing a net loss of S$2.12 million in the year-ago period.

The past three weeks have seen the cooling off of once-ravenous animal spirits driven into a frenzy by the abundance of liquidity in financial markets. Yet even as the NASDAQ 100 subsequently corrects from this stampede towards tech stocks, Citi Chief Investment Officer (CIO) David Bailin and his te...

SINGAPORE Technologies Engineering (ST Engineering) on Tuesday said it has divested its pilot training business in Australia for S$9.3 million on a cash-free and debt-free basis to Regional Express Holdings.

LONDON: On Jun 30, British bank NatWest sent out an arcane-sounding press release: Bus operator National Express had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmark Libor. It was billed as the first switch of thousands that British ...

[LONDON] On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmark Libor.