Asian markets were set to climb on Wednesday after Wall Street indexes closed at record highs as investors grow increasingly hopeful about a vaccine to combat rising COVID-19 cases and an economic recovery.
U.S. President-elect Joe Biden will not immediately act to remove the Phase 1 trade agreement President Donald Trump inked with China, the New York Times https://www.nytimes.com/2020/12/02/opinion/biden-interview-mcconnell-china-iran.html reported on Wednesday.
A video ad from Nike Japan against bullying and racism that features biracial athletes and other minorities, such as those of Korean descent, has prompted a sharp online response including calls to boycott the company.
Walmart Inc said on Wednesday it would lift the US$35 minimum order value that subscribers of its loyalty service had to meet for next-day or two-day shipping, as the retailer gears up for a holiday season dominated by online shopping.
Japan's SoftBank Group Corp is winding down its derivatives strategy following investor backlash, Bloomberg News reported on Wednesday, citing people familiar with the matter.
South Korea's Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs.
SINGAPORE: Singapore Business Federation (SBF) CEO Ho Meng Kit will retire from his position, with his deputy Lam Yi Young set to succeed him, said SBF on Wednesday (Dec 2). Mr Lam will be appointed as the new CEO on Jan 1, while Mr Ho will retire on the same day after...
Tailored Brands said on Tuesday it has emerged from bankruptcy protection following a financial restructuring process that helped the U.S. men's fashion retailer eliminate US$686 million of debt from its balance sheet.
DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.
STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits, which is the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.
