Oil futures fell further on Wednesday after big declines the previous session with Brent sliding below US$40 a barrel for the first time since June as COVID-19 cases rebounded in several countries.
Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.
WASHINGTON: Three Republican U.S. senators on Tuesday introduced the latest legislation targeting a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their users post. The bill from Senator Roger Wicker, who chairs the Senate ...
SEOUL: You Young-sik has tried his luck running businesses, but when his convenience store, a sausage factory and a second-hand furniture shop all failed, he realised he had found a niche, one that he understood well: Helping people go out of business. You says he is now busier than...
SoftBank Group Corp shares fell 5per cent in early trading on Wednesday as investors worried about the Japanese conglomerate's exposure to U.S. tech stocks, which fell for the third straight session.
Gary Cohn, the former economic adviser to U.S. President Donald Trump, raised US$720 million on Tuesday in an initial public offering (IPO) for a new blank-check acquisition company, 20per cent more than originally planned, according to a person familiar with the matter.
Sportswear maker Under Armour said on Tuesday it will lay off about 600 employees from its global workforce, citing the impact brought on by the coronavirus pandemic to its business.
UOB has priced its US$600 million subordinated notes due 2031 at 1.75 per cent until the first call date.
SoftBank Group Corp shares fell 5per cent in early trading on Wednesday as investors worried about the Japanese conglomerate's exposure to U.S. tech stocks, which fell for the third straight session.
Defense contractor Northrop Grumman Corp said on Tuesday it was awarded a US$13.3 billion contract by the US Air Force to modernize the country's intercontinental ballistic missile system.
