SINGAPORE: With a crucial rescue plan aborted just weeks before its court-approved debt moratorium expires, Hyflux will have until Apr 25 to indicate if it needs more time to keep creditors at bay. However, the beleaguered water treatment firm will need to put together “something fairly ...
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.
Oil prices fell on Thursday after U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production.
Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest rates will stay lower for longer after a dovish turn by the European Central Bank and milder than expected U.S. inflation.
Amid the negotiation chaos, No-Brexit might be the most palatable and likely outcome, says NUS Business School’s David De Cremer
Amazon.com Inc on Wednesday said it had acquired Canvas Technology, a robotics startup in Boulder, Colorado, that has built autonomous carts that can move goods around warehouses.
WASHINGTON: The United States and China have largely agreed on a mechanism to police any trade agreement the reach, including establishing new "enforcement offices," U.S. Treasury Secretary Steven Mnuchin said on Wednesday. Mnuchin, speaking on CNBC television, said that progress continues to be ...
Shares of recently listed Lyft Inc fell to a fresh low and closed the day down almost 11 percent on Wednesday on news that rival Uber Technologies Inc was close to filing its own initial public offering.
WASHINGTON: Federal Reserve members are split between optimism and caution, with some saying an interest rate hike may be still appropriate later this year but others believing they should stand pat, or even cut rates, according to the minutes of last month's policy meeting Wednesday (Apr 10) ...
U.S. stocks opened slightly higher Wednesday after a bout of selling on trade and growth concerns, with investors awaiting minutes from the Federal Reserve's latest meeting and the start of the corporate earnings season.
