Investors worried about whether a looming government shutdown could slow U.S. stocks' recent surge can take comfort in history: markets have tended to shrug off shutdowns despite their potentially nasty economic impact.
UBS Group AG said on Friday it appointed Chief Operating Officer and President EMEA Sabine Keller-Busse as president of UBS Switzerland, while Iqbal Khan, co-president of global wealth management, will succeed Keller-Busse as president EMEA, in addition to his current role.
SINGAPORE: The Big Box shopping mall in Jurong East has been acquired by Perennial Real Estate for S$118 million, said the developer on Friday (Dec 4). In a media release, Perennial said it has obtained JTC Corporation's confirmation for the zoning of site to be changed to a business park ...
The Trump administration on Thursday added China's top chipmaker SMIC and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office.
Exchange operator Nasdaq Inc on Friday apologised for an Australian stock exchange outage last month, which wiped out nearly a full session of trading.
SIX in 10 Singapore millennials are finding it more challenging to manage their money since the start of the Covid-19 outbreak, according to a study by Standard Chartered (StanChart) on Friday.
Orders for a Brazilian pig-feeding robot, which plays classical music while dispensing meals, soared this year as farmers strove to cut costs amid the COVID-19 pandemic.
South Korean battery makers LG Chem and SK Innovation are sparring over whether the U.S. International Trade Commission (ITC) should consider recent electric vehicle recalls in a trade secrets case.
IBM and U.S. officials are sounding the alarm over hackers targeting companies critical to the distribution of COVID-19 vaccines.
The dollar's weakening is likely to last at least another six months as investors continue to shift to risky assets and higher returns, a Reuters poll of currency strategists found.
