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Singapore's largest bank to cut 900 jobs after sharp profit drop

Singapore's largest bank to cut 900 jobs after sharp profit drop DBS Group, Singapore's largest bank, announced 900 jobs cuts after it suffered a sharp drop in third quarter profit, a news report said Saturday.

Hong Kong markets rebound 3 per cent on interest rate cut

Hong Kong shares regained some lost ground Friday as an unexpected cut in local interest rates saw them end the week with a climb of more than 3 per cent.

Hong Kong shares plunge 6 per cent in early trading Thursday

Hong Kong shares plunged by more than 6 per cent in early trading Thursday following heavy losses overnight on Wall Street.

Hong Kong's population crisis deepens as fewer women have children

Hong Kong's population crisis is likely to worsen as a survey showed Thursday that nearly four in 10 women want only one child or no children at all.

Chinese shares rise 3 per cent on global surge

ChinaChina's two main stock market indices soared by more than 3 per cent Wednesday after an overnight climb on Wall Street spurred regional gains across Asia.

Americans in Thailand and Thai premier welcome new US president

The announcement that Barack Obama is the next US president was welcomed Wednesday by cheers and beers from a packed audience of Democrats Abroad gathered at a Bangkok restaurant to view the televised

Wealthy Hong Kongers defy slump with extravagant feasts

Around the world, families are looking with apprehension at the upcoming Christmas festivities, prepared to tighten their belts as the global financial turmoil takes its toll.

Asian Development Bank to help poor farmers in southern Philippines

The Asian Development Bank (ADB) said Tuesday it has approved a 70-million-dollar loan for a new project to improve the lives and incomes of poor farmers in the conflict-wracked southern Philippines.

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