Goldman Sachs became the first major investment bank to cut its target price for Westpac Banking Corp on Friday as Australia's No.2 lender faces allegations of massive breaches of anti-money laundering laws and billions of dollars in fines.
Panasonic Corp has no plans to build a new battery plant for Tesla Inc in China, the Japanese company's chief executive said, as it struggles to make profits from its existing battery business with the electric vehicle maker.
Asian equities rose on Friday, bouncing from a three-week low touched a day earlier, but gains were capped by persistent worries over the status of trade negotiations between China and the United States.
The US Army is undertaking a security assessment of China-owned social media platform TikTok after a Democratic lawmaker raised national security concerns over the app's handling of user data, Army Secretary Ryan McCarthy said on Thursday.
WASHINGTON: The United States on Thursday (Nov 21) warned Pakistan that it faced long-term economic damage with little return if China keeps pursuing its giant infrastructure push. The top US diplomat for South Asia said the China-Pakistan Economic Corridor - heralded as a game-changer by both ...
A federal judge on Thursday rejected a U.S. government effort to disqualify lawyers representing state attorneys general in their effort to block T-Mobile US' deal to buy Sprint Corp
Microsoft Corp on Thursday said it has been granted a licence to export software to Huawei Technologies Co Ltd.
While the Regional Comprehensive Economic Partnership is unlikely to add to Singapore’s trade numbers in the short term, it will be a boon for the economy in the long run, says SMU associate professor Henry Gao.
JPMorgan Chase & Co said Thursday it is giving free online trades to more customers and lowering the amount of money needed to open one of its robo-adviser accounts, as firms across the industry bow to pressure to reduce fees and account minimums.
WASHINGTON: U.S. House Democrats said on Thursday they ironed out some differences with the White House over a trade agreement with Canada and Mexico, and Congress could still vote on the deal: one of President Donald Trump's top priorities: this year. House of Representatives Speaker Nancy Pelosi ...
