The widening focus of Hong Kong’s protests highlights the stasis of a sector out of step with the times, says the Financial Times’ Henny Sender.
Qualcomm Inc shares rose more than 5per cent on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .
<p>AS climate change takes its toll, banks will face the value deterioration in certain assets it's exposed to. To prepare for this, Singapore is expected to put out guidelines on environmental risk management for the financial sector.</p>
<p>WITH its auto financing business already revving up profits - used car marketplace Carro is now eyeing a wholesale digital banking licence to expand the business.</p>
<p>A NEW blockchain platform meant to tackle the perennial problems behind the trillion-dollar trade finance market has been developed in Singapore among partners including commodity trading giant Trafigura and DBS, with a US$20 million pilot trade to be transacted via it.</p>
<p>CHINA's fiery Moutai baijiu, distilled from red sorghum grain, has been on investors' radar in recent years, either as a stock or a collectible via aged, special edition bottles. Now, they can also participate through a fund.</p>
<p>SOFTBANKGroup Corp chairman Masayoshi Son is in the kind of pickle that even Jamie Dimon can't get him out of. Earnings for the September quarter show just how badly his Vision Fund is performing, and accelerate the need to raise a second incarnation just to keep the...
NEW YORK: Wall Street stocks were under pressure on Wednesday (Nov 6) as investors awaited concrete progress on US-China trade talks while petroleum-linked shares fell with oil prices. Upbeat comments from US and Chinese officials have lifted US indices to records in recent sessions. But ...
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.
Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.
