Futures tracking the S&P 500 and Dow indexes bounced on Friday after Wall Street's worst session since June, with attention turning to the crucial jobs report that is likely to show a faltering recovery in the labor market.
TAIPEI: The United States and Taiwan said on Friday (Sep 4) they were seeking "like-minded" democracies to join a shift in global supply chains during the coronavirus pandemic, as Washington looks to accelerate a move away from economic reliance on China. The Trump administration is taking action ...
Market volatility is back - and investors expect more wild swings in the coming weeks and months as the U.S. presidential election closes in.
The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China's global influence and business practices, or supports Beijing, amid growing tensions between Washington and Beijing.
VIENTIANE: Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles to stave off a potential debt default, people with direct knowledge of the agreement said. The deal comes at a time when critics accuse Beijing of "debt trap diplomacy" to...
TOKYO: Japan's tuna market, the world's largest, is taking an outsized hit from the COVID-19 pandemic, pressuring restaurants and wholesalers at Tokyo's sprawling Toyosu fish market to adapt to survive. Businesses had hoped for more activity after Japan lifted its state of emergency in late May ...
China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.
LOCAL lenders DBS, OCBC and United Overseas Bank (UOB) averaged 4.2 per cent total returns in August 2020, outpacing the median total return of the top quartile of global banking stocks by market value.
European food-ordering firm Just Eat Takeaway.com NV thinks GrubHub is better positioned than rivals to prosper in the United States even though it has been pushed into third place, its operating chief told Reuters.
SHANGHAI: The English Premier League abruptly announced the termination of the big-money contract with its broadcaster in China in a two-paragraph statement on Thursday (Sep 4). Streaming service PPTV had a reported US$700 million deal for the rights to show all 380 Premier League matches per ...
