Saudi Arabia and Iraq have stressed their full commitment to the OPEC+ deal, Iraqi state news agency said on Friday.
Intercontinental Exchange Inc said on Thursday it would buy Ellie Mae, a cloud-based platform provider for the mortgage finance industry, from private equity investment Thoma Bravo in a deal valued at US$11 billion.
Asia shares were poised to open higher on Friday, tracking global equity markets' overnight gains as investors awaited a U.S. nonfarm payrolls report.
SoftBank Group Corp is seen booking a 75per cent first-quarter profit plunge on Tuesday, albeit making a return to profitability, as the coronavirus outbreak continued to weigh on the tech bets of CEO Masayoshi Son's US$100 billion Vision Fund.
Facebook Inc will allow employees to work from home until July 2021 due to the coronavirus outbreak and will give them US$1,000 for home office needs, a spokeswoman for the social media giant said on Thursday.
Shaming those who carry shares in fossil fuel companies would be passing up an opportunity for shareholder activism, say observers.
DBS chief Piyush Gupta expects top line and net interest margin (NIM) - a key indicator of profitability for banks - to deteriorate over the rest of the year as it battles interest rate headwinds that threaten to drag down income.
UNITED Overseas Bank (UOB) has set up restructuring teams to assess borrowers who have taken a debt holiday amid the gradual unwinding of government relief measures as the year end approaches.
SHARES of local banking trio rose on Thursday, as investors found some cheer from conservative provisions set aside by DBS and UOB and an unchanged outlook guidance in their latest quarterly results released before market open.
CLOSING doors to focus on national priorities during a pandemic is a false answer, a Singapore-based think tank suggested on Thursday, and what Asean needs is instead greater transparency and integration for a strong recovery.
