Widespread expectations of a coming U.S. economic boom are forcing bond fund managers to dust off their playbooks to combat a nemesis they have not had to worry about for more than a decade: inflation.
China's Geely Automobile Holdings Ltd said on Tuesday that its 2020 net profit fell 32per cent, as auto sales in the world's biggest market was hit by the COVID-19 pandemic.
SINGAPORE: Shares of CapitaLand jumped as much as 20 per cent on Tuesday (Mar 23), a day after the real estate behemoth announced a major restructuring plan to consolidate its fund management and lodging business into a new entity, and take its property development business private. Market ...
HONG KONG: Chinese search engine Baidu debuted on Hong Kong's stock exchange on Tuesday (Mar 23) after raising US$3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. Shares rose a modest 0.8 per cent to HK$254 from their listing price...
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than US$10 billion, Bloomberg News reported, citing people familiar with the matter.
Nintendo Co Ltd said on Tuesday it is partnering with Pokemon Go app developer Niantic to create augmented reality (AR) titles, with a Pikmin themed game launching this year.
Treasury Secretary Janet Yellen will paint an optimistic picture for the U.S. economy as it emerges from the coronavirus pandemic, telling U.S. lawmakers on Tuesday that she sees both growth and possibly full employment next year - due to President Joe Biden's coronavirus stimulus package.
Twitter boss Jack Dorsey sold his first tweet as an NFT for just over US$2.9 million dollars on Monday.
WASHINGTON: New US Trade Representative Katherine Tai pledged to rebuild alliances and actively engage on international trade on Monday (Mar 22) in her first calls as the top US trade negotiator with key partners and the World Trade Organization (WTO). Starting her first full week on the job, Tai...
McKinsey & Co will pay US$45 million to settle an investigation by Nevada of the big consulting firm's role in fueling the U.S. opioid epidemic.
