The US economy will grow on the order of 20 per cent in the third and fourth quarters, a top White House economic adviser predicted on Sunday (Jul 26), despite reopening setbacks linked to a coronavirus resurgence.
Business software group SAP said on Sunday it planned to float Qualtrics, the U.S. specialist in measuring online customer sentiment, which it acquired in late 2018 for US$8 billion.
Amid a tide of retrenchments, hiring is all the more challenging with the deluge of applications swarming in, says the Financial Times’ Pilita Clark.
China should be firm in adopting an expansionary fiscal policy aimed at accelerating economic growth, says Yu Yongding.
Much depends on governments’ specific objectives for the bailouts and whether supporting the stock market is a key goal, says NUS Business School Emir Hrnjic.
DESPITE strong returns among life insurers' participating funds in 2019, three insurers have opted to cut bonuses or dividends for some policyholders.
The United States has doubled its investment - to nearly US$1 billion - to expedite development of a potential COVID-19 vaccine by American firm Moderna, which on Monday (Jul 26) begins the decisive final phase of clinical trials.
Top aides to President Donald Trump on Sunday raised the possibility of the Congress passing piecemeal coronavirus relief legislation - an approach opposed by Democrats - with a deadline looming on the expiration of enhanced unemployment benefits.
After several weeks of trading in narrow ranges, bitcoin breached US$10,000 on Sunday for the first time since early June.
British interior minister Priti Patel said on Sunday she had asked Twitter and Instagram for a full explanation of why anti-Semitic comments made by rap artist Wiley remained on the social media platforms for so long.
