China is proposing to let U.S. regulators audit its state-owned enterprises (SOEs) in a concession aimed at solving their long-running accounting dispute, but would insist on redacting some information on national security grounds, Bloomberg News reported on Thursday.
Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation.
AGRI-FOOD giant Wilmar International has obtained a S$200 million corporate loan pegged to the Singapore Overnight Rate Average (SORA), from DBS.
As many automakers bet on sedans and SUVs in the switch to electric vehicles (EV), Japan's Honda Motor Co Ltd has decided smaller is better for its first-ever all-battery car.
Samsung Electronics plans to allow some workers in South Korea to work from home in September under a pilot program, a company official said on Thursday, as the country is battling a resurgence in coronavirus cases.
The approach of Hurricane Laura could not dampen Wall Street's ebullient optimism on Wednesday (Aug 26), as the Nasdaq and S&P 500 again climbed to new records fuelled by solid earnings and economic data.
Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation.
Flag carrier Air New Zealand on Thursday announced a roughly US$300 million annual net loss after demand plummeted due to the coronavirus pandemic.
Brazil's Petroleo Brasileiro SA is set to receive binding offers on Thursday for its Presidente Getulio Vargas refinery, with local firms Raizen and Ultrapar Participacoes SA among the likely bidders, sources familiar with the matter said.
China’s central bank digital currency, trialled in four cities and soon to be expanded to Beijing, Tianjin, Hong Kong and Macau, will not be a game changer, says Stephen Roach.
