With earnings season in full swing, more companies are again offering earnings guidance, signaling to investors that some corporations are adapting to uncertainty about a global pandemic that may extend deep into next year.
Strong demand for luxury cars in China in the third quarter helped turn around margins at Daimler's Mercedes-Benz cars division despite an overall fall in deliveries due to the COVID-19 pandemic, the carmaker said on Friday.
SINGAPORE: Core consumer prices in Singapore continued to decline in September, albeit at a slower rate, data from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) showed on Friday (Oct 23). Core inflation was -0.1 per cent in September, compared with -0.3 per ......
KUALA LUMPUR: Malaysia's biggest palm oil producing state Sabah could see crude palm oil production fall by as much as 300,000 tonnes a month after imposing new coronavirus restrictions in the high crop season, the Malaysian Estate Owners' Association (MEOA) told Reuters on Friday (Oct 23). Sabah ...
A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc and Lyft Inc , saying they must reclassify their drivers in the state as employees.
Japan, Britain sign free trade deal for post-Brexit era
SHANGHAI: Two of Apple's latest iPhone 12 models went on sale in China on Friday (Oct 23), after early pre-order data showed strong consumer interest in the 5G-enabled device in the firm's second-largest market. The short queues outside Apple stores in the business hub of Shanghai struck a ......
A dearth of action in fixed income markets is prompting bond investors to focus more on currencies to spot market trends, marking a turning point for the gigantic but generally murky foreign exchange markets.
SINGAPORE: Private home prices in Singapore in the third quarter rose 0.8 per cent from the previous quarter, while demand surged for both new developer units and resale properties, in what analysts said is a sign that consumer confidence is "steadily returning" amid the COVID-19 pandemic. The ...
SYDNEY: Hong Kong's Cathay Pacific Airways' decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday (Oct 23). The carrier on Wednesday announced plans to cut 5,900 jobs to ...
