BALTIMORE: Joe Biden will inherit a mangled US economy - one that never fully healed from the COVID-19 pandemic and could suffer again as new infections are climbing. The once robust recovery has shown signs of gasping after federal aid lapsed. Ten million remain jobless and more layoffs are...
TOKYO: Japanese Prime Minister Yoshihide Suga said the government will do all it can to help the economy recover, signalling his readiness to compile another stimulus package to cushion the blow from the coronavirus pandemic. Laying the groundwork for more spending, private sector members of a key ...
A Taiwan company crucial for the production of iPhones for tech giant Apple admitted Monday that working conditions for some students employed at a factory in China contravened agreed labor terms.
The European Union has "great expectations" of a new U.S. president and hopes the United States will re-engage in multilateral trade talks, EU officials said on Monday.
World stocks hit a record high on Monday and the dollar stayed weak as expectations of better global trade ties and more monetary stimulus under U.S. President-elect Joe Biden supported risk appetite.
U.S. stock index futures pointed to a sharply higher open on Monday after President-elect Joe Biden was declared the winner in a highly contentious election.
SINGAPORE: Oil prices rose more than 2 per cent on Monday (Nov 9), with Brent futures topping US$40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetites, offsetting worries about the impact on demand from the worsening coronavirus pandemic. Brent crude futures for January ...
Japan's SoftBank Group said Monday its first-half net profit soared 346.7 percent, sealing a strong recovery after a massive annual loss, as tech stocks rally and the firm sheds assets to shore up its finances.
SINGAPORE: Singapore Airlines (SIA) is stepping up efforts to seek fresh sources of funds and it is confident that it will have “very strong liquidity” to tide it through the pandemic-induced turbulence. Speaking to analysts and reporters at a virtual results briefing on Monday (Nov 9), chief ...
China's technology industry, one of President Donald Trump's main targets in Washington's tussles with Beijing, hopes Joe Biden can create a more constructive relationship - but few think the rivalry will deescalate, executives and analysts say.
