Greece's Yannis Stournaras became the first European Central Bank policymaker on Friday to openly call for increasing the pace of ECB bond purchases to stem a rise in borrowing costs.
SINGAPORE: The COVID-19 pandemic may have hit the economy, battered some industries and disrupted livelihoods, but Singapore has an economic strategy to emerge stronger, Deputy Prime Minister Heng Swee Keat said in Parliament on Friday (Feb 26). He noted that the Government committed close to S ...
Bots on major social media platforms have been hyping up GameStop and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven trading frenzy.
The City of London's finance industry would be worse off than rival New York under an early draft for a cooperation agreement in financial services between Britain and the European Union, a document, seen by Reuters, showed.
KUALA LUMPUR: Malaysian banking group AMMB Holdings Berhad (AmBank) said on Friday (Feb 26) it will pay RM2.83 billion (US$699 million) to settle claims linked to a massive financial scandal at state fund 1MDB, a hefty payment that is expected to have a material impact on the group's earnings ...
A senior Democratic lawmaker said there is a growing appetite for a new federal cybersecurity breach notification law in the wake of a sprawling series of digital intrusions blamed on the Russian government.
British businesswoman Amanda Staveley has lost a long and bitter London court battle against Barclays over whether she is owed damages after alleging she was deceived while negotiating a financial lifeline for the bank in 2008.
Volkswagen expects deliveries, revenues and margins to rebound strongly this year as the coronavirus pandemic eases, after an almost halving in profits in 2020 that was still better than the German carmaker originally expected.
Norwegian Air has cancelled all the 88 narrow-body jets that remained on order from Airbus, a Norwegian Air spokesman said on Friday.
U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, setting up the economy for faster growth in the first quarter.
