Markets

The Chinese authorities will probably someday stop pegging the yuan to a basket of currencies and allow the exchange rate to fluctuate much more freely, especially against the dollar, says former IMF chief economist Kenneth Rogoff.

SINGAPORE: Come Monday (Apr 5), a 10-member team at Certact Engineering will be in the office in full force for the first time in a year.   The team, handling administration, sales and other non-production matters at the local precision engineering firm, has been split into two since the COVID-19...

Chinese authorities have asked H&M to change a map on its website in the latest clash between the clothing giant and officialdom there, media reported on Friday.

Matt Arnold just spent US$5,000 to run help-wanted ads for his company's five trailer factories scattered from Pennsylvania to Utah.

U.S. investor Sung Kook "Bill" Hwang was looking for a second chance on Wall Street after falling from grace and shutting his multibillion-dollar hedge fund firm. Japan's Nomura Holdings Inc gave him one.

The head of Alphabet Inc’s self-driving unit Waymo said on Friday he was stepping down as chief executive and would be replaced by a pair of executives.

NEW YORK:The dollar and the yield on the benchmark Treasury note edged higher in light trading on Friday after data showing a surge in the hiring of Americans in March pointed to a U.S. economic recovery that is poised to be the strongest in decades.

The Suez Canal said on Friday it was close to clearing a backlog of shipping that built up when a giant container ship was grounded in the waterway.

Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as sales gains of the Model 3 and Model Y offset the impact of a global shortage of parts.

German airline Lufthansa said on Friday that it would resume flights from Frankfurt to Tehran from April 16.