Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world's largest economy and risk of global recession, while sterling was volatile as negotiations on a Brexit deal continued.
SINGAPORE: Singapore's exports shrank for the seventh straight month in September, hurt largely by a sharp fall in electronic shipments, official data showed on Thursday (Oct 17). Non-oil domestic exports declined by 8.1 per cent year-on-year, following a revised 9 per cent decline in August, data ...
Teva Pharmaceuticals is in talks to contribute over US$15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel the U.S. opioid crisis, a source familiar with the matter told Reuters on Wednesday.
SINGAPORE: Singapore and the United States have signed an agreement to boost cooperation in infrastructure finance and market building, said the Ministry of Finance (MOF) on Thursday (Oct 17). The framework was signed in Washington DC by Singapore's Minister in the Prime Minister's Office and ...
Netflix Inc added more-than-expected paid subscribers in the third quarter, boosted by the launch of new seasons of "Stranger Things" and "13 Reasons Why", sending its shares up 5per cent in trading after the bell.
Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to US$5 billion in Mexican infrastructure during the current administration as he delivered a full-throated endorsement of the economy despite investor jitters.
Continued progress on global integration will require China to adjust its approach, say Andrew Sheng and Xiao Geng
U.S. and Chinese trade negotiators still have work to do on a "phase one" trade agreement ahead of a targeted signing by U.S. President Donald Trump and Chinese President Xi Jinping next month, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
REUTERS: A cloud startup founded by a group of four ex-Cisco Systems Inc engineers said on Wednesday it has raised US$278 million (216.7 million pounds) to fund products that aim to help the data centres of customers like investment banks function more like those of cloud computing providers ......
SAN FRANCISCO: Netflix shares rallied on Wednesday (Oct 16) after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war. Netflix reported a net income of US$665 million in the recently-ended quarter ...
