BUENOS AIRES: Argentina's leftist president-elect Alberto Fernandez said on Tuesday (Nov 26) he would renounce the remaining US$11 billion tranche of the country's International Monetary Fund loan as soon as he takes office next month. Outgoing centre-right President Mauricio Macri agreed a ...
SINGAPORE: “Don’t run like a girl” was what Michael Tan used to say occasionally when he went jogging with his 12-year-old son. But he stopped doing so after attending a workshop on unconscious biases. “I started asking myself what does that even mean and I realised I’m not helping...
The politics of the trade war are now pointing toward de-escalation, but the economic struggle between the US and China will endure, says Stephen Roach.
SEOUL: In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States. With great fanfare, SK Innovation (SKI) broke ground in March on a US$1.7 billion factory in ......
HP Inc on Tuesday posted quarterly earnings above analysts' estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.
SINGAPORE banks are likely to continue seeing compressed net interest margins (NIMs), deteriorating asset quality and slowing loan growth, all of which they experienced in the third quarter this year.
SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA Hospitality.
ONE question we often hear today is whether the recent surges in money market rates in the US and Hong Kong - that is, the US repo rate (repurchase agreement rate) and the HIBOR (Hong Kong Interbank Overnight Offered Rate) - serve as warning signs of a...
A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.
A proposal to combat traffic congestion in Chicago by increasing taxes on certain ride-hailing trips won city council approval on Tuesday as the city and ride service companies accused each other of penalizing low-income riders.
